Civic Intelligence

Secu MD Foundation Inc.

990 • Fiscal year 2018 • EIN 82-1896987

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 22, 2019

Organization ProfileSECUMDFOUNDATION.ORG
971 Corporate BlvdLinthicum, MD 21090

(410) 487-7036

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

100th percentile

$433,792

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 130.3% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

100th percentile

10944100%

Faster asset growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets73rd percentile

Assets

$109,442

No earlier filing loaded for comparison.

Net Assets

$104,068

No earlier filing loaded for comparison.

Liabilities

$5,374

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin84th percentile

Revenue

$332,903

No earlier filing loaded for comparison.

Expenses

$228,835

No earlier filing loaded for comparison.

Net Income

$104,068

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$1.0M$500K$0Assets 2018: $109,442Liabilities 2018: $5,374Net Assets 2018: $104,0682018Assets 2019: $128,589Liabilities 2019: $44,554Net Assets 2019: $84,0352019Assets 2021: $279,600Liabilities 2021: $0Net Assets 2021: $279,6002021Assets 2022: $911,914Liabilities 2022: $244Net Assets 2022: $911,6702022Assets 2024: $394,287Liabilities 2024: $346,435Net Assets 2024: $47,8522024

Highlighted filing

2018

Assets$109,442
Liabilities$5,374
Net Assets$104,068
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KRevenue 2018: $332,903Expenses 2018: $228,835Net Income 2018: $104,0682018Revenue 2019: $285,714Expenses 2019: $305,747Net Income 2019: -$20,0332019Revenue 2021: $395,250Expenses 2021: $282,651Net Income 2021: $112,5992021Revenue 2022: $1,317,696Expenses 2022: $685,626Net Income 2022: $632,0702022Revenue 2024: $471,662Expenses 2024: $458,850Net Income 2024: $12,8122024

Highlighted filing

2018

Revenue$332,903
Expenses$228,835
Net Income$104,068
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 22, 2019
Return Version
2018v3.1
Gross Receipts
$379,718
Mission and Program Overview

Mission

Help individuals achieve their dreams through education by financial wellness programs and the maryland scholarship program.

Secu md foundation's mission is to empower individuals through access to education, by enabling financial stability through financial wellness initiatives, and to support the communities served with an emphasis on the well-being of local youth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$100,793-
Prepaid Expenses and Deferred Charges-$8,649-
Total Assets$0$109,442▲ $109,442
Liabilities
Accounts Payable and Accrued Expenses-$5,374-
Total Liabilities$0$5,374▲ $5,374
Net Assets / Fund Balance
Unrestricted Net Assets$0$104,068▲ $104,068
Total Net Assets Fund Balance$0$104,068▲ $104,068
Total Liabilities and Net Assets / Fund Balance$0$109,442▲ $109,442
Compensation and Service Providers
Top Officer Pay100th percentile

Board Members and Trustees

NameTitle
Michael GordyPresident/director
Joseli WrightSecretary/director
Steven ArbaughTreasurer/director
Revenue and Support

Revenue Composition

Contributions and Grants
$311,778
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$21,125
All Other Contributions
$145,508
Change in Net Assets
$104,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$332,903
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,801
Total Revenue per Audited Statements
$342,704
Total Revenue per Form 990
$332,903
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,563
Grants and Similar Amounts Paid$109,272
Total Fundraising Expense$49,378
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$109,272--$109,272
Information Technology-$47,307-$47,307
Office Expenses-$5,409-$5,409
Insurance-$1,975-$1,975
Advertising--$1,764$1,764
Fees for Services Management-$998-$998
Other Expenses$1,800$687$1,129$687
Fees for Services Other--$666$666
Total Functional Expenses$123,081$56,376$49,378$228,835

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$238,636
Expenses per Audited Statements$228,835
Total Expenses per Form 990$228,835
Expenses Not Reported on Form 990$9,801
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$67,940
Fundraising Direct Expenses$46,815
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf$70,285$67,940$25,896$42,044
Total Events$70,285$67,940$46,815$21,125
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
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, Section A, Line 8B

“The organization had no committees.”

Form 990, Part VI, Section B, Line 11B

“The 990 will be reviewed at a secu md foundation board meeting prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The secu md foundation board is required to sign a conflict of interest statement annually. Should a conflict arise it will be reported to the secu vp of internal audit and reviewed with secu's supervisory committee of the board.”

Form 990, Part VI, Section C, Line 19

“Financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Secu Md Foundation Inc
EIN
82-1896987
Phone
4104877036
Address
971 CORPORATE BLVD, LINTHICUM, MD 21090

Signing Officer

Name
Steven Arbaugh
Title
Treasurer
Phone
4104877036
Signed
2019-10-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Gordy
Formed
2017
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
26

Preparer

Firm
Moss Adams Llp
Address
805 SW BROADWAY STE 1200, PORTLAND, OR 97205
Preparer
Wendy Campos
Phone
5032421447
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation recognizes the tax benefit form uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The foundation recognizes interest and penalties, if any, related to income tax matters in management and general expense.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Supporting services 9,801.”

Raw XML AppendixShowing 400 of 442 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05374
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SECU MD FOUNDATION'S MISSION IS TO EMPOWER INDIVIDUALS THROUGH ACCESS TO EDUCATION, BY ENABLING FINANCIAL STABILITY THROUGH FINANCIAL WELLNESS INITIATIVES, AND TO SUPPORT THE COMMUNITIES SERVED WITH AN EMPHASIS ON THE WELL-BEING OF LOCAL YOUTH.
IRS990/AdvertisingGrp/FundraisingAmt01764
IRS990/AdvertisingGrp/TotalAmt01764
IRS990/AllOtherContributionsAmt0145508
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0LAFONDRA HENRY
IRS990/BooksInCareOfDetail/PhoneNum04104877036
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0971 CORPORATE BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0LINTHICUM
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021090
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0100793
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt02345
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0311778
IRS990/CYGrantsAndSimilarPaidAmt0109272
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0119563
IRS990/CYOtherRevenueAmt021125
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0104068
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0228835
IRS990/CYTotalFundraisingExpenseAmt049378
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0332903
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0MARYLAND SCHOLARSHIP PROGRAM - PROVIDE SCHOLARSHIPS TO INDIVIDUALS TO DEFRAY TUITION COSTS FOR HIGHER EDUCATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0109272
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0998
IRS990/FeesForServicesManagementGrp/TotalAmt0998
IRS990/FeesForServicesOtherGrp/FundraisingAmt0666
IRS990/FeesForServicesOtherGrp/TotalAmt0666
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt042611
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt145133
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt257214
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHAEL GORDY
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSELI WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVEN ARBAUGH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0391181
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1281030
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2321977
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt02345
IRS990/FundraisingDirectExpensesAmt046815
IRS990/FundraisingGrossIncomeAmt067940
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0109272
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0109272
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0109272
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0379718
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt047307
IRS990/InformationTechnologyGrp/TotalAmt047307
IRS990/InsuranceGrp/ManagementAndGeneralAmt01975
IRS990/InsuranceGrp/TotalAmt01975
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HELP INDIVIDUALS ACHIEVE THEIR DREAMS THROUGH EDUCATION BY FINANCIAL WELLNESS PROGRAMS, TRAIN THE TEACHER INITIATIVES AND THE MARYLAND SCHOLARSHIP PROGRAM.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt00
IRS990/NetAssetsOrFundBalancesEOYAmt0104068
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt021125
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt021125
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05409
IRS990/OfficeExpensesGrp/TotalAmt05409
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1TEACHING EVENTS
IRS990/OtherExpensesGrp/Desc2GRANTS EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt045819
IRS990/OtherExpensesGrp/FundraisingAmt11129
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0687
IRS990/OtherExpensesGrp/ProgramServicesAmt012009
IRS990/OtherExpensesGrp/ProgramServicesAmt11800
IRS990/OtherExpensesGrp/TotalAmt045819
IRS990/OtherExpensesGrp/TotalAmt112009
IRS990/OtherExpensesGrp/TotalAmt22929
IRS990/OtherExpensesGrp/TotalAmt3687
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08649
IRS990/PrincipalOfficerNm0MICHAEL GORDY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0MARYLAND STUDENTS AND TEACHERS - ONLINE FINANCIAL EDUCATION TOOLS AND HANDS-ON EVENTS TO PROMOTE FINANCIAL LITERACY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt013809
IRS990/ProgSrvcAccomActy3Grp/Desc0GIFTS TO OTHER CHARITABLE AND EDUCATIONAL INSTITUTIONS THAT SUPPORT ITS PURPOSE OF HELPING PEOPLE ACHIEVE THEIR DREAMS THROUGH EDUCATION.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0104068
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0163925
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0311778
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0311778
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0259995
IRS990ScheduleA/SubstantialContributorsTotAmt051783
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0311778
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0311778
IRS990ScheduleA/TotalSupportAmt0332903
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt021125
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt021125
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt09801
IRS990ScheduleD/ExpensesNotReportedAmt09801
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0228835
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt09801
IRS990ScheduleD/RevenueNotReportedAmt09801
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0332903
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECOGNIZES THE TAX BENEFIT FORM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN MANAGEMENT AND GENERAL EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SUPPORTING SERVICES 9,801.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0228835
IRS990ScheduleD/TotalRevenuePerForm990Amt0332903
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0342704
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0238636
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02345
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02345
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt046815
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012003
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt012003
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt070285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt070285
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt067940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt067940
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021125
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt025896
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt025896
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08916
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt08916
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt083868
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt153768
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt269964
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0307313
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1227262
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2252013
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt025374
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt120485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt222585
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt017237
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt124648
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt234629
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL GORDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOSELI WRIGHT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2STEVEN ARBAUGH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER/DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0433792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1326163
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2379191
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAD NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 WILL BE REVIEWED AT A SECU MD FOUNDATION BOARD MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE SECU MD FOUNDATION BOARD IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. SHOULD A CONFLICT ARISE IT WILL BE REPORTED TO THE SECU VP OF INTERNAL AUDIT AND REVIEWED WITH SECU'S SUPERVISORY COMMITTEE OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0STATE EMPLOYEES CREDIT UNION OF MARYLAND INCORPORATED
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0520627114
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SEE SUPPLEMENTAL EXPLANATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0971 CORPORATE BOULEVARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LINTHICUM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd021090
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0PRIMARY ACTIVITY - FINANCIAL SERVICES RELATED TO DEPOSIT ACCOUNTS, LENDING OPTIONS AND FINANCIAL ADVISORY SERVICES.
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt11(D) - ALL CONTRIBUTIONS ARE TRACKED BY THE FOUNDATION AND BY EACH CONTRIBUTOR. THE AUDITED FINANCIALS REPORT A SEPARATE LINE ITEM TO DISCLOSE RELATED PARTY CONTRIBUTIONS. 2(D) - FOUNDATION DOES NOT HAVE A SEPARATE OFFICE AND USES SAME FACILITY AS CREDIT UNION.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE R, PART II
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE R, PART V, LINE 2(D)
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0173726
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0SEE SUPPLEMENTAL EXPLANATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0STATE EMPLOYEES CREDIT UNION OF MARYLAND INCORPORATED
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/StatesWhereCopyOfReturnIsFldCd1DE
IRS990/StatesWhereCopyOfReturnIsFldCd2MD
IRS990/StatesWhereCopyOfReturnIsFldCd3PA
IRS990/StatesWhereCopyOfReturnIsFldCd4VA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt00
IRS990/TotalAssetsEOYAmt0109442
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0109442
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0311778
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt049378
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056376
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0123081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228835
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt05374
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05374
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0104068
IRS990/TotalOtherCompensationAmt0144958
IRS990/TotalProgramServiceExpensesAmt0123081
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt021125
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0332903
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt026
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0109442
IRS990/TotReportableCompRltdOrgAmt0994188
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0104068
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0971 CORPORATE BLVD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$109,442
Liabilities
$5,374
Net assets
$104,068
Revenue
$332,903
Expenses
$228,835
Net income
$104,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.35$0.05$0.47$0.46$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$1.32$0.69$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$0.40$0.28$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.04$0.08$0.29$0.31$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.33$0.23$0.10
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits