Civic Intelligence

Developing Economic Opportunities Community Development Corporation

990EZ • Fiscal year 2023 • EIN 83-4487587

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 09, 2024

Organization Profilewww.deo-cdc.org
PO Box 54701Washington, DC 20032

(202) 486-3861

Siviq Scores

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

Liabilities / Assets

85th percentile

0.22x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.12x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

12th percentile

-41%

Higher net margin than 12% 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

9th percentile

-58%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

8th percentile

-61%

Faster revenue growth than 8% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets85th percentile

Assets

Down

$27,145

Down $37,259 (-58%) from 2022

Net Assets

Down

$20,804

Down $19,463 (-48%) from 2022

Liabilities

Down

$6,000

Down $16,638 (-73%) from 2022

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin12th percentile

Revenue

Down

$51,314

Down $81,087 (-61%) from 2022

Expenses

Down

$72,276

Down $46,931 (-39%) from 2022

Net Income

Down

-$20,962

Down $34,156 (-259%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$80K$60K$40K$20K$0Assets 2021: $28,573Liabilities 2021: $1,500Net Assets 2021: $28,5732021Assets 2022: $64,404Liabilities 2022: $22,638Net Assets 2022: $40,2672022Assets 2023: $27,145Liabilities 2023: $6,000Net Assets 2023: $20,8042023Assets 2024: $13,769Net Assets 2024: $13,7692024

Highlighted filing

2023

Assets$27,145
Liabilities$6,000
Net Assets$20,804
Open 2023 Filing

Operations Trend

Revenue Growth8th percentile

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

$200K$100K$0-$100KRevenue 2021: $66,009Expenses 2021: $37,436Net Income 2021: $28,5732021Revenue 2022: $132,401Expenses 2022: $119,207Net Income 2022: $13,1942022Revenue 2023: $51,314Expenses 2023: $72,276Net Income 2023: -$20,9622023Revenue 2024: $173,782Expenses 2024: $181,158Net Income 2024: -$7,3762024

Highlighted filing

2023

Revenue$51,314
Expenses$72,276
Net Income-$20,962
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 9, 2024
Return Version
2023v5.0
Gross Receipts
$51,314
Mission and Program Overview

Mission

to provide programs and service

To provide services & programs

Program Services

DescriptionGrantsExpenses
Our community feeding progem provided over 3700 meals to underserved children & families of Washington DC-$55,420
Our Sports & Educational program provided travel, uniforms, program and other financial support to over 100 youth of Washington DC-$7,574
Our community events and Christmas toy drive provided support to over 100 youth & families of Washington DC-$6,596
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Antoniese RuffinCEO & ChairPT$0--
Andrece BassettSecretary-$0--
Keeon BassettTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Developing Economic Opportunities
EIN
83-4487587
Address
PO Box 54701, WASHINGTON, DC 20032

Signing Officer

Name
Antoniese Ruffin
Title
CEO and Chair
Phone
2024863861
Signed
2024-04-09
Discuss with paid preparer
Yes

Preparer

Firm
E-Z Business and Tax Solutions
Address
7801 Allentown Farm Court, FORT WASHINGTON, MD 20744
Preparer
Antoniese Ruffin
Phone
2024863861
Supplemental Narrative

Additional Explanations

Part 1 - Line 8

“Received Bank Interest income of $89.68”

Part 1 - Line 16

“Program and operational cost in the amount of $27,776.00”

Part 2 - Line 24A

“Recognized, unreceived revenue of $26,000.00 from FY2022”

Part 2 - Line 26A

“Accounts payable balance of $22,638 for program expenses”

Part 2 - Line 26B

“Accounts payable balance of $6,000 as of 12/31/2023 for program related expenses”

Raw XML Appendix151 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Antoniese Ruffin
IRS990EZ/BooksInCareOfDetail/PhoneNum02024863861
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 M Street SE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038404
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt027145
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt051224
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-20962
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt043500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064404
IRS990EZ/Form990TotalAssetsGrp/EOYAmt027145
IRS990EZ/GrossReceiptsAmt051314
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt041766
IRS990EZ/NetAssetsOrFundBalancesEOYAmt020804
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt041766
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021145
IRS990EZ/OccupancyRentUtltsAndMaintAmt01000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Antoniese Ruffin
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Andrece Bassett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Keeon Bassett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO & Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt026000
IRS990EZ/OtherExpensesTotalAmt027776
IRS990EZ/OtherRevenueTotalAmt090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide services & programs
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our community feeding progem provided over 3700 meals to underserved children & families of Washington DC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Our Sports & Educational program provided travel, uniforms, program and other financial support to over 100 youth of Washington DC
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Our community events and Christmas toy drive provided support to over 100 youth & families of Washington DC
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt055420
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17574
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt26596
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt022638
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt072276
IRS990EZ/TotalProgramServiceExpensesAmt069590
IRS990EZ/TotalRevenueAmt051314
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0true
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.deo-cdc.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt051224
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0132371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt066000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0249595
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0129
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0249595
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt051224
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0132371
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt066000
IRS990ScheduleA/Total509Grp/TotalAmt0249595
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt051314
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0132401
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt066009
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0249724
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Received Bank Interest income of $89.68
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Program and operational cost in the amount of $27,776.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Recognized, unreceived revenue of $26,000.00 from FY2022
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts payable balance of $22,638 for program expenses
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Accounts payable balance of $6,000 as of 12/31/2023 for program related expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1 - Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part 1 - Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part 2 - Line 24A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part 2 - Line 26A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part 2 - Line 26B
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Antoniese Ruffin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO and Chair
ReturnHeader/BusinessOfficerGrp/PhoneNum02024863861
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Developing Economic Opportunities
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Community Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0DEVE
ReturnHeader/Filer/EIN0834487587
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 54701
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020032
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823859377
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0E-Z Business and Tax Solutions
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07801 Allentown Farm Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020744
ReturnHeader/PreparerPersonGrp/PhoneNum02024863861
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Antoniese Ruffin
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-04-15T10:51:23-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Antoniese
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Ruffin
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,145
Liabilities
$6,000
Net assets
$20,804
Revenue
$51,314
Expenses
$72,276
Net income
-$20,962
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.14$0.14$1.74$1.81$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.27$0.06$0.21$0.51$0.72$0.21
2022Detailed filing. Detailed filing data is available for this year.$0.64$0.23$0.40$1.32$1.19$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.29$0.66$0.37$0.29