Liabilities / Assets
49th percentile
Tied with the lowest-debt nonprofits in its peer group.
MID Atlantic Surety Association Inc
EIN 82-5471397 • 501(c)6 • Gaithersburg, MD
990-N Coverage
Profile
(1)market, promote and serve individuals, companies and coporations involved in the underwriting of corporate suretyship; (2) maintain and enhance the profitability and economic viability of individuals, companies and corporations in the corporate suretyship industry; (3) develop and maintain cost-effective and profitable partnerships with related industries; (4) market and pormote the corporate suretyship industry; (5) develop and manage benefit programs for member businesses and indiviudals; (6) develop and promulgate corporate suretyship standards and guidelines; (7) disseminate information on the state of the industry; (8) take on other activities as are necessary to accomplish the assocation's general purposes.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
51st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$9,973
No earlier filing loaded for comparison.
Liabilities
$0
No earlier filing loaded for comparison.
Net Assets
$9,973
No earlier filing loaded for comparison.
Revenue
$42,747
No earlier filing loaded for comparison.
Expenses
$37,641
No earlier filing loaded for comparison.
Net Income
$5,106
No earlier filing loaded for comparison.
Trend Graphs
Filings
Most recent year
2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $9,973
- Liabilities
- $0
- Net assets
- $9,973
- Revenue
- $42,747
- Expenses
- $37,641
- Net income
- $5,106
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2019 to Dec 31, 2019
- Signed
- Jul 13, 2020
- Return Version
- 2019v5.1
- Gross Receipts
- $42,747
Mission and Program Overview
Mission
(1)market, promote and serve individuals, companies and coporations involved in the underwriting of corporate suretyship; (2) maintain and enhance the profitability and economic viability of individuals, companies and corporations in the corporate suretyship industry; (3) develop and maintain cost-effective and profitable partnerships with related industries; (4) market and pormote the corporate suretyship industry; (5) develop and manage benefit programs for member businesses and indiviudals; (6) develop and promulgate corporate suretyship standards and guidelines; (7) disseminate information on the state of the industry; (8) take on other activities as are necessary to accomplish the assocation's general purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| APPROXIMATELY 70 MEMBERS AND GUESTS PARTICIPATED IN A GOLF OUTING AND DINNER. MEMBERS AND GUESTS WERE ABLE TO MAKE CONNNECTIONS AND SHARE EXPERIENCES AND IDEAS RELATED TO THE SURETY INDUSTRY. | $0 | $0 |
| APPROXIMATEY 100 MEMBERS AND GUESTS PARTICIPATED IN A HOLIDAY PARTY. MEMBERS AND GUESTS WERE ABLE TO MAKE CONNNECTIONS AND SHARE EXPERIENCES AND IDEAS RELATED TO THE SURETY INDUSTRY. | $0 | $0 |
| THE ORGINIZATION HELD TWO EDUCATIONAL LUNCHES FOR APPROXIMATELY 50-60 MEMBERS AND GUESTS. ONE FEATURED THE PRESIDENT OF GOVERNMENT AFFAIRS FROM THE SURETY & FIDELITY ASSOCIATION OF AMERICAN TO UPDATE MEMBERS ON LOCAL AND NATIONAL LEGISLATION AFFECTING THE SURETY INDUSTRY. THE SECOND EDUCATION LUNCH FEATURED A REPRESENTATIVE FROM THE US SMALL BUSINESS ADMINISTRATION TO EDUCATE MEMBERS ON THE SBA'S SURETY GUARANTEE PROGRAM. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RYAN HAYES | President | - | $0 | - | - |
| GARRETT HARRISON | Vice President | - | $0 | - | - |
| CHRIS CORRIVEAU | Secretary | - | $0 | - | - |
| JOHN CLAY | Treasurer | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mid-atlantic Surety Association Inc
- EIN
- 82-5471397
- Phone
- 3012588900
- Address
- 555 QUINCE ORCHARD ROAD NO 600, GAITHERSBURG, MD 20878
Signing Officer
- Name
- John Clay
- Title
- Treasurer
- Phone
- 3012588900
- Signed
- 2020-07-13
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: event expenses. Amount: 35,908. Description: bank fees. Amount: 885. Description: registration fees. Amount: 600. Description: miscellaneous expenses. Amount: 248. Total to form 990-ez, line 16: 37,641.”
Raw XML Appendix110 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3012588900 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 555 QUINCE ORCHARD ROAD NO 600 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | GAITHERSBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 20878 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 4867 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 9973 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 5106 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 4867 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 9973 |
| IRS990EZ/GrossReceiptsAmt | 0 | 42747 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 5587 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 4867 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 9973 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 4867 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 9973 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RYAN HAYES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GARRETT HARRISON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CHRIS CORRIVEAU |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | JOHN CLAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 37641 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | (1)MARKET, PROMOTE AND SERVE INDIVIDUALS, COMPANIES AND COPORATIONS INVOLVED IN THE UNDERWRITING OF CORPORATE SURETYSHIP; (2) MAINTAIN AND ENHANCE THE PROFITABILITY AND ECONOMIC VIABILITY OF INDIVIDUALS, COMPANIES AND CORPORATIONS IN THE CORPORATE SURETYSHIP INDUSTRY; (3) DEVELOP AND MAINTAIN COST-EFFECTIVE AND PROFITABLE PARTNERSHIPS WITH RELATED INDUSTRIES; (4) MARKET AND PORMOTE THE CORPORATE SURETYSHIP INDUSTRY; (5) DEVELOP AND MANAGE BENEFIT PROGRAMS FOR MEMBER BUSINESSES AND INDIVIUDALS; (6) DEVELOP AND PROMULGATE CORPORATE SURETYSHIP STANDARDS AND GUIDELINES; (7) DISSEMINATE INFORMATION ON THE STATE OF THE INDUSTRY; (8) TAKE ON OTHER ACTIVITIES AS ARE NECESSARY TO ACCOMPLISH THE ASSOCATION'S GENERAL PURPOSES. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 37160 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | APPROXIMATELY 70 MEMBERS AND GUESTS PARTICIPATED IN A GOLF OUTING AND DINNER. MEMBERS AND GUESTS WERE ABLE TO MAKE CONNNECTIONS AND SHARE EXPERIENCES AND IDEAS RELATED TO THE SURETY INDUSTRY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | APPROXIMATEY 100 MEMBERS AND GUESTS PARTICIPATED IN A HOLIDAY PARTY. MEMBERS AND GUESTS WERE ABLE TO MAKE CONNNECTIONS AND SHARE EXPERIENCES AND IDEAS RELATED TO THE SURETY INDUSTRY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | THE ORGINIZATION HELD TWO EDUCATIONAL LUNCHES FOR APPROXIMATELY 50-60 MEMBERS AND GUESTS. ONE FEATURED THE PRESIDENT OF GOVERNMENT AFFAIRS FROM THE SURETY & FIDELITY ASSOCIATION OF AMERICAN TO UPDATE MEMBERS ON LOCAL AND NATIONAL LEGISLATION AFFECTING THE SURETY INDUSTRY. THE SECOND EDUCATION LUNCH FEATURED A REPRESENTATIVE FROM THE US SMALL BUSINESS ADMINISTRATION TO EDUCATE MEMBERS ON THE SBA'S SURETY GUARANTEE PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 37641 |
| IRS990EZ/TotalRevenueAmt | 0 | 42747 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: EVENT EXPENSES. AMOUNT: 35,908. DESCRIPTION: BANK FEES. AMOUNT: 885. DESCRIPTION: REGISTRATION FEES. AMOUNT: 600. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 248. TOTAL TO FORM 990-EZ, LINE 16: 37,641. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2020-11-19 02:30:22Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JOHN CLAY |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3012588900 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2020-07-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MID-ATLANTIC SURETY ASSOCIATION INC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | C/O JOHN CLAY |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MID- |
| ReturnHeader/Filer/EIN | 0 | 825471397 |
| ReturnHeader/Filer/PhoneNum | 0 | 3012588900 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 555 QUINCE ORCHARD ROAD NO 600 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GAITHERSBURG |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 20878 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | D3F024FB0648A16F4A841A6BE1C6D361B79B56C2 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | E6F900231BE3A00C023267E60CC9BD72EC3E597E |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.237.133.19 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2020-07-13 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | ED |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 08:47:32 |
| ReturnHeader/ReturnTs | 0 | 2020-07-13T07:48:34-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2019-12-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
Document Assets
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