Civic Intelligence

Baltimore Homecoming Inc.

990 • Fiscal year 2019 • EIN 82-2350770

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

1427 Clarkview Rd Suite 500 No 2Baltimore, MD 21209

(443) 690-6189

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

21st percentile

-9.7%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$98,477

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 13.2% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

2nd percentile

-67%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

16th percentile

-19%

Faster revenue growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Down

$36,520

Down $72,526 (-67%) from 2018

Net Assets

Down

$36,520

Down $72,526 (-67%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$745,000

Down $180,000 (-19%) from 2018

Expenses

Down

$817,526

Down $64,221 (-7.3%) from 2018

Net Income

Down

-$72,526

Down $115,779 (-268%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $65,793Liabilities 2017: $0Net Assets 2017: $65,7932017Assets 2018: $109,046Liabilities 2018: $0Net Assets 2018: $109,0462018Assets 2019: $36,520Liabilities 2019: $0Net Assets 2019: $36,5202019Assets 2020: $45,914Liabilities 2020: $39,585Net Assets 2020: $6,3292020Assets 2021: $202,958Liabilities 2021: $502Net Assets 2021: $202,4562021Assets 2022: $124,978Liabilities 2022: $5,090Net Assets 2022: $119,8882022Assets 2023: $152,210Liabilities 2023: $74,208Net Assets 2023: $78,0022023Assets 2024: $263,313Liabilities 2024: $48,271Net Assets 2024: $215,0422024

Highlighted filing

2019

Assets$36,520
Liabilities$0
Net Assets$36,520

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $115,400Expenses 2017: $49,607Net Income 2017: $65,7932017Revenue 2018: $925,000Expenses 2018: $881,747Net Income 2018: $43,2532018Revenue 2019: $745,000Expenses 2019: $817,526Net Income 2019: -$72,5262019Revenue 2020: $280,000Expenses 2020: $310,191Net Income 2020: -$30,1912020Revenue 2021: $592,692Expenses 2021: $396,565Net Income 2021: $196,1272021Revenue 2022: $790,150Expenses 2022: $872,718Net Income 2022: -$82,5682022Revenue 2023: $889,323Expenses 2023: $931,209Net Income 2023: -$41,8862023Revenue 2024: $637,483Expenses 2024: $500,443Net Income 2024: $137,0402024

Highlighted filing

2019

Revenue$745,000
Expenses$817,526
Net Income-$72,526
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$745,000
Mission and Program Overview

Mission

To build and mobilize an alumni network for baltimore city that will invest in the city's future by encouraging philanthropic and business investment.

An alumni network for baltimore city that will invest in the city's future

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$108,241$35,612▼ $72,629
Accounts Receivable-$103-
Total Assets$109,046$36,520▼ $72,526
Other Assets Total$805$805→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$109,046$36,520▼ $72,526
Total Net Assets Fund Balance$109,046$36,520▼ $72,526
Total Liabilities and Net Assets / Fund Balance$109,046$36,520▼ $72,526
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Daniel SchochorExecutive DirectorFT$98,477$98,477

Board Members and Trustees

NameTitle
Nathaniel LoewentheilPresident
Brandon EtheridgeBoard Member
Ganesha MartinBoard Member
Sophia SilbergeldBoard Member
Jm SchapiroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$745,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$745,000
Change in Net Assets
$-72,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$627,062
Salaries, Compensation, and Employee Benefits$190,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$473,941--$473,941
Current Officers, Directors, Trustees, and Key Employees-$98,477-$98,477
Fees for Services Other$83,554--$83,554
Other Salaries and Wages-$78,041-$78,041
Advertising$24,128$1,618-$25,746
Travel$14,361$3,331-$17,692
Payroll Taxes-$13,946-$13,946
Occupancy-$11,270-$11,270
Information Technology-$3,293-$3,293
Fees for Services Accounting-$2,875-$2,875
Insurance-$2,496-$2,496
Office Expenses-$1,383-$1,383
Other Expenses-$636-$636
Fees for Services Legal-$211-$211
Total Functional Expenses$595,984$221,542$0$817,526
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The executive director will review the 990 and then submit a complete copy of the 990 to the board of directors for review and approval before it is filed with the irs.

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

Any board of directors member, officer, committee member or staff member having an interest in a contract or other transaction or determination presented to the board of directors or a committee of the corporation for recommendation, authorization, approval or ratification shall give prompt, full and frank disclosure of his or her interest to the board of directors or committee prior to its acting on such contract or transaction. Following the disclosure of an interest in a contract or other transaction or determination presented to the board of directors or a committee of the corporation, the body to which such disclosure is made shall thereafter determine whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is found to exist, such person shall not vote on, nor use his or her personal influence on, nor participate in discussion of (other than to present factual information or to respond to questions in the discussions or deliberations with respect to such contract, transaction or determination) the issue. Such person may not be counted in determining the existence of a quorum at any meeting where the contract, transaction, or determination is under discussion or is being voted upon. The minutes of the meeting of the body considering the contract or other transaction or determination shall reflect the disclosure made, the process followed, the vote thereunder, and, where applicable, the abstention from voting and participation, and whether a quorum was present.

Form 990, Part VI, Section C, Line 19

The trust makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Baltimore Homecoming Inc
EIN
82-2350770
Phone
4436906189
Address
1427 CLARKVIEW RD SUITE 500 NO 2, BALTIMORE, MD 21209

Signing Officer

Name
Robbin Lee
Title
Executive Director
Phone
4436906189
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robbin Lee
Formed
2017
Legal Domicile
Md
Voting Board Members
5
Independent Board Members
5
Employees
2
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
402 SOUTH KENTUCKY AVENUE SUITE 600, LAKELAND, FL 33801-5354
Preparer
Lauren Ballard CPA
Phone
8636805600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 54,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 54,500. Public relations: program service expenses 22,446. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,446. Intern stipends: program service expenses 3,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,600. Security: program service expenses 3,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,008.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR WILL REVIEW THE 990 AND THEN SUBMIT A COMPLETE COPY OF THE 990 TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY BOARD OF DIRECTORS MEMBER, OFFICER, COMMITTEE MEMBER OR STAFF MEMBER HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION OR DETERMINATION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE OF THE CORPORATION FOR RECOMMENDATION, AUTHORIZATION, APPROVAL OR RATIFICATION SHALL GIVE PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OF DIRECTORS OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. FOLLOWING THE DISCLOSURE OF AN INTEREST IN A CONTRACT OR OTHER TRANSACTION OR DETERMINATION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE OF THE CORPORATION, THE BODY TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREAFTER DETERMINE WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. IF A CONFLICT IS FOUND TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE IN DISCUSSION OF (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS IN THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT, TRANSACTION OR DETERMINATION) THE ISSUE. SUCH PERSON MAY NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHERE THE CONTRACT, TRANSACTION, OR DETERMINATION IS UNDER DISCUSSION OR IS BEING VOTED UPON. THE MINUTES OF THE MEETING OF THE BODY CONSIDERING THE CONTRACT OR OTHER TRANSACTION OR DETERMINATION SHALL REFLECT THE DISCLOSURE MADE, THE PROCESS FOLLOWED, THE VOTE THEREUNDER, AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING: PROGRAM SERVICE EXPENSES 54,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 54,500. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 22,446. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,446. INTERN STIPENDS: PROGRAM SERVICE EXPENSES 3,600. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,600. SECURITY: PROGRAM SERVICE EXPENSES 3,008. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,008.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0109046
IRS990/TotalAssetsEOYAmt036520
IRS990/TotalAssetsGrp/BOYAmt0109046
IRS990/TotalAssetsGrp/EOYAmt036520
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0745000
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0221542
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0595984
IRS990/TotalFunctionalExpensesGrp/TotalAmt0817526
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0109046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt036520
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0595984
IRS990/TotalReportableCompFromOrgAmt098477
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0745000
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0109046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt036520
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03331
IRS990/TravelGrp/ProgramServicesAmt014361
IRS990/TravelGrp/TotalAmt017692
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01427 CLARKVIEW RD SUITE 500 NO 200
IRS990/USAddress/CityNm0BALTIMORE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021209
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.BALTIMOREHOMECOMING.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBBIN LEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04436906189
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BALTIMORE HOMECOMING INC
ReturnHeader/Filer/BusinessNameControlTxt0BALT
ReturnHeader/Filer/EIN0822350770
ReturnHeader/Filer/PhoneNum04436906189
ReturnHeader/Filer/USAddress/AddressLine1Txt01427 CLARKVIEW RD SUITE 500 NO 2
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0FBF91E9F6601ABEAE195131D925EE83266DF73FD
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId08043084323BC2C627770BC9614ACAB1FD9C26801
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02020-11-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:44:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0402 SOUTH KENTUCKY AVENUE SUITE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0338015354
ReturnHeader/PreparerPersonGrp/PhoneNum08636805600
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAUREN BALLARD CPA
ReturnHeader/ReturnTs02020-11-13T15:37:03-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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