Civic Intelligence

Arena Summit

990 • Fiscal year 2021 • EIN 81-5171259

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

611 Pennsylvania Ave SE 143Washington, DC 20003

(202) 552-0221

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

64%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

89th percentile

$164,345

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Asset Growth

98th percentile

311%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

88th percentile

99%

Faster revenue growth than 88% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,255,918

Up $950,169 (+311%) from 2020

Net Assets

Up

$1,246,855

Up $939,026 (+305%) from 2020

Liabilities

Up

$9,063

Up $11,143 (+536%) from 2020

Revenue

Up

$1,463,206

Up $726,104 (+99%) from 2020

Expenses

Down

$524,180

Down $375,643 (-42%) from 2020

Net Income

Up

$939,026

Up $1,101,747 (+677%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2017: $214,077Liabilities 2017: $0Net Assets 2017: $214,0772017Assets 2018: $214,077Liabilities 2018: $0Net Assets 2018: $214,0772018Assets 2019: $470,636Liabilities 2019: $86Net Assets 2019: $470,5502019Assets 2020: $305,749Liabilities 2020: -$2,080Net Assets 2020: $307,8292020Assets 2021: $1,255,918Liabilities 2021: $9,063Net Assets 2021: $1,246,8552021Assets 2022: $1,479,179Liabilities 2022: $11,887Net Assets 2022: $1,467,2922022Assets 2023: $1,186,973Liabilities 2023: $14,170Net Assets 2023: $1,172,8032023Assets 2024: $115,987Liabilities 2024: $15,593Net Assets 2024: $100,3942024

Highlighted filing

2021

Assets$1,255,918
Liabilities$9,063
Net Assets$1,246,855

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2017: $776,846Expenses 2017: $562,769Net Income 2017: $214,0772017Revenue 2018: $776,846Expenses 2018: $562,769Net Income 2018: $214,0772018Revenue 2019: $818,174Expenses 2019: $627,593Net Income 2019: $190,5812019Revenue 2020: $737,102Expenses 2020: $899,823Net Income 2020: -$162,7212020Revenue 2021: $1,463,206Expenses 2021: $524,180Net Income 2021: $939,0262021Revenue 2022: $1,480,803Expenses 2022: $1,258,919Net Income 2022: $221,8842022Revenue 2023: $1,067,421Expenses 2023: $1,366,222Net Income 2023: -$298,8012023Revenue 2024: $712,926Expenses 2024: $1,785,335Net Income 2024: -$1,072,4092024

Highlighted filing

2021

Revenue$1,463,206
Expenses$524,180
Net Income$939,026
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$1,463,206
Mission and Program Overview

Mission

We convene, train, and support the next generation of civic leaders.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$73,384$799,331▲ $725,947
Prepaid Expenses and Deferred Charges$212,202$436,424▲ $224,222
Savings and Temporary Cash Investments$20,163$20,163→ $0
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$305,749$1,255,918▲ $950,169
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$-7,284$5,782▲ $13,066
Other Liabilities$5,204$3,281▼ $1,923
Total Liabilities$-2,080$9,063▲ $11,143
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$307,829$1,246,855▲ $939,026
Total Net Assets Fund Balance$307,829$1,246,855▲ $939,026
Total Liabilities and Net Assets / Fund Balance$305,749$1,255,918▲ $950,169
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lauren BaerManaging PartnerPT$157,292$7,053$164,345
Santiago MartinezPartnerPT$156,667$7,249$163,916
Debra CohenPartnerPT$150,000$11,253$161,253
Rebecca IsraelDirector of DevelopmentPT$124,200$12,810$137,010
Julia LeitnerTraining DirectorPT$115,695$10,747$126,442
Ravi GuptaTreasurerPT$8,459$2,934$11,393

Board Members and Trustees

NameTitle
Swati MylavarapuPresident
Deirdre SchifelingDirector
Emmy RuizDirector
Kate CatherallDirector
Meera MartiDirector
Tara McgowanDirector
Liz SimonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,463,206
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,463,206
Change in Net Assets
$939,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$291,353
Other Expenses$167,827
Total Fundraising Expense$78,610
Grants and Similar Amounts Paid$65,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$91,631$86,539$61,490$239,660
Grants to Domestic Orgs$65,000--$65,000
Fees for Services Accounting$226$62,355$152$62,733
Fees for Services Other$6,000$37,600-$43,600
Other Employee Benefits$10,857$7,584$6,438$24,879
Payroll Taxes$6,712$6,825$4,818$18,355
Information Technology$522$16,617-$17,139
Travel$275$8,879$289$9,443
Fees for Services Legal-$8,540-$8,540
Current Officers, Directors, Trustees, and Key Employees$2,829$2,076$3,554$8,459
Insurance$5,796$1,193$681$7,670
Office Expenses$4,549$1,750$114$6,413
Occupancy$271$3,207$782$4,260
Fees for Services Management$1,495$2,325-$3,820
Other Expenses-$1,757$292$292
Advertising-$27-$27
Total Functional Expenses$196,163$249,407$78,610$524,180
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Five Borough FutureWashington, DC501(c)(4)Social Welfare Activities$65,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liabilities_Other$3,281
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is provided to the board of directors and legal counsel for review prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual inquiry is made of each board member, officer, and key employee.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The independent Directors reviewed GuideStar compensation survey data for similar positions in similarly sized organizations.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The Arena's governing documents and conflict of interest policy are included in its 1024-A application for tax-exemption, which is publicly available upon request.

Filing and Contact Details

Filer

Filer Name
Arena Summit
EIN
81-5171259
Address
611 Pennsylvania Ave SE 143, Washington, DC 20003

Signing Officer

Name
Swati Mylavarapu
Title
President
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Swati Mylavarapu
Formed
2017
Legal Domicile
Dc
Voting Board Members
7
Independent Board Members
2
Employees
11
Volunteers
40

Preparer

Firm
MBA Consulting Group
Address
611 Pennsylvania Ave SE Num 143, Washington, DC 20003
Preparer
Katherine Cassell
Phone
2025520221
Supplemental Narrative

Additional Explanations

Form 990, Section VII, Section A, Line 1D

Ravi Gupta was compensated for his role as Managing Partner.

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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0307829
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01246855
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/FundraisingAmt0782
IRS990/OccupancyGrp/ManagementAndGeneralAmt03207
IRS990/OccupancyGrp/ProgramServicesAmt0271
IRS990/OccupancyGrp/TotalAmt04260
IRS990/OfficeExpensesGrp/FundraisingAmt0114
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01750
IRS990/OfficeExpensesGrp/ProgramServicesAmt04549
IRS990/OfficeExpensesGrp/TotalAmt06413
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt06438
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07584
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010857
IRS990/OtherEmployeeBenefitsGrp/TotalAmt024879
IRS990/OtherExpensesGrp/Desc0Bank Fees
IRS990/OtherExpensesGrp/Desc1Taxes & Fees
IRS990/OtherExpensesGrp/Desc2Credit Card Merchant Fees
IRS990/OtherExpensesGrp/FundraisingAmt0292
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02133
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11757
IRS990/OtherExpensesGrp/TotalAmt02133
IRS990/OtherExpensesGrp/TotalAmt11757
IRS990/OtherExpensesGrp/TotalAmt2292
IRS990/OtherLiabilitiesGrp/BOYAmt05204
IRS990/OtherLiabilitiesGrp/EOYAmt03281
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt061490
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt086539
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt091631
IRS990/OtherSalariesAndWagesGrp/TotalAmt0239660
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt04818
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06825
IRS990/PayrollTaxesGrp/ProgramServicesAmt06712
IRS990/PayrollTaxesGrp/TotalAmt018355
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0212202
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0436424
IRS990/PrincipalOfficerNm0Swati Mylavarapu
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0736957
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt061400
IRS990/PYInvestmentIncomeAmt0145
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0491785
IRS990/PYRevenuesLessExpensesAmt0-162721
IRS990/PYSalariesCompEmpBnftPaidAmt0346638
IRS990/PYTotalExpensesAmt0899823
IRS990/PYTotalRevenueAmt0737102
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0939026
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020163
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020163
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Liabilities_Other
IRS990ScheduleD/TotalLiabilityAmt03281
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt065000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(4)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Social Welfare Activities
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Five Borough Future
IRS990ScheduleI/RecipientTable/RecipientEIN0854166186
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 15845
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020003
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash Transaction
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0150000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1157292
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2156667
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt011253
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt17053
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt27249
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Debra Cohen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Lauren Baer
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Santiago Martinez
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Partner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1Managing Partner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Partner
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0161253
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1164345
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2163916
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is provided to the board of directors and legal counsel for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Annual inquiry is made of each board member, officer, and key employee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The independent Directors reviewed GuideStar compensation survey data for similar positions in similarly sized organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Arena's governing documents and conflict of interest policy are included in its 1024-A application for tax-exemption, which is publicly available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Ravi Gupta was compensated for his role as Managing Partner.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Section VII, Section A, Line 1D
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Arena Summit
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1Arena summit
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0The Arena 527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1The Arena PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0823276502

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