Civic Intelligence

Cityscape Community Redevelopment Inc.

990 • Fiscal year 2023 • EIN 82-2004056

Jan 01, 2023 to Dec 31, 2023 • Filed on May 07, 2024

133 Defense Highway 101Annapolis, MD 21401

(410) 404-2281

Siviq Scores

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

Liabilities / Assets

95th percentile

1.13x

Higher debt load relative to assets than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

1.04x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.2%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

39th percentile

-4.4%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

8th percentile

-64%

Faster revenue growth than 8% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$181,232

Down $8,291 (-4.4%) from 2022

Net Assets

Down

-$23,768

Down $8,291 (-54%) from 2022

Liabilities

Flat

$205,000

Flat from 2022

Revenue

Down

$197,963

Down $352,359 (-64%) from 2022

Expenses

Down

$206,254

Down $351,859 (-63%) from 2022

Net Income

Down

-$8,291

Down $500 (-6.4%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2018: $5,800Liabilities 2018: $0Net Assets 2018: $5,8002018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $189,523Liabilities 2022: $205,000Net Assets 2022: -$15,4772022Assets 2023: $181,232Liabilities 2023: $205,000Net Assets 2023: -$23,7682023Assets 2024: $181,232Liabilities 2024: $205,000Net Assets 2024: -$23,7682024

Highlighted filing

2023

Assets$181,232
Liabilities$205,000
Net Assets-$23,768

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $5,800Expenses 2018: $2,522Net Income 2018: $3,2782018Revenue 2019: $17,638Expenses 2019: $300Net Income 2019: $17,3382019Revenue 2020: $6,849Expenses 2020: $595Net Income 2020: $6,2542020Revenue 2021: $0Expenses 2021: $7,686Net Income 2021: -$7,6862021Revenue 2022: $550,322Expenses 2022: $558,113Net Income 2022: -$7,7912022Revenue 2023: $197,963Expenses 2023: $206,254Net Income 2023: -$8,2912023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2023

Revenue$197,963
Expenses$206,254
Net Income-$8,291
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 7, 2024
Return Version
2023v5.0
Gross Receipts
$197,963
Mission and Program Overview

Mission

Community real estate development in qualified opportunity zones

Commercial real estate development

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$189,523$181,232▼ $8,291
Rtn Earn Endowment Incm Other Fnds$-15,477$-23,768▼ $8,291
Total Assets$189,523$181,232▼ $8,291
Liabilities
Mortgage Notes Payable Secured by Investment Property$205,000$205,000→ $0
Total Liabilities$205,000$205,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$-15,477$-23,768▼ $8,291
Total Liabilities and Net Assets / Fund Balance$189,523$181,232▼ $8,291
Compensation and Service Providers

Board Members and Trustees

NameTitle
James FoxProgram Direct
Margaret FoixProgram Direct
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$197,963
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-8,291
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$206,254
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$197,963--$197,963
Depreciation Depletion$7,791--$7,791
Fees for Services Accounting$500--$500
Total Functional Expenses$206,254$0$0$206,254
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
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PART VI, LINE 8A

PER AGREEMENT

PART VI, LINE 8B

PER AGREEEMENT

PART VI, LINE 11B

Reviewed with directors before filing

Filing and Contact Details

Filer

Filer Name
Cityscape Community Redevelopm
EIN
82-2004056
Address
133 DEFENSE HIGHWAY 101, ANNAPOLIS, MD 21401

Signing Officer

Name
James Fox
Title
5 Woodbent Dr Severna Park Md
Phone
4104042281
Signed
2024-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Fox
Formed
2018
Legal Domicile
Md
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Accounting Unlimited Inc
Address
2200 DEFENSE HIGHWAY SUITE 206, CROFTON, MD 21114
Preparer
Jennifer a Jones CPA
Phone
4104516631
Raw XML Appendix253 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PER AGREEEMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED WITH DIRECTORS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, LINE 8a
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ReturnHeader/ReturnTs02024-05-20T16:42:54-04:00
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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