Civic Intelligence

Marion Downs Center

990 • Fiscal year 2023 • EIN 84-0404238

Apr 01, 2022 to Mar 31, 2023 • Filed on Jul 21, 2023

4280 Hale ParkwayDenver, CO 80220

(303) 322-1871

Siviq Scores

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

Liabilities / Assets

56th percentile

0.10x

Higher debt load relative to assets than 56% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.21x

Higher debt load relative to revenue than 65% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

86th percentile

$164,156

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

36th percentile

-0.0%

Faster asset growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$2,661,039

Down $655 (-0.0%) from 2022

Net Assets

Up

$2,392,695

Up $28,244 (+1.2%) from 2022

Liabilities

Down

$268,344

Down $28,899 (-9.7%) from 2022

Revenue

Down

$1,307,777

Down $214,780 (-14%) from 2022

Expenses

Up

$1,131,200

Up $126,020 (+13%) from 2022

Net Income

Down

$176,577

Down $340,800 (-66%) from 2022

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $705,865Liabilities 2011: $533,049Net Assets 2011: $172,8162011Assets 2012: $741,971Liabilities 2012: $504,526Net Assets 2012: $237,4452012Assets 2013: $623,288Liabilities 2013: $420,301Net Assets 2013: $202,9872013Assets 2014: $565,373Liabilities 2014: $487,767Net Assets 2014: $77,6062014Assets 2015: $563,345Liabilities 2015: $454,008Net Assets 2015: $109,3372015Assets 2016: $689,899Liabilities 2016: $395,549Net Assets 2016: $294,3502016Assets 2017: $1,155,154Liabilities 2017: $392,567Net Assets 2017: $762,5872017Assets 2018: $1,805,315Liabilities 2018: $390,384Net Assets 2018: $1,414,9312018Assets 2019: $1,855,375Liabilities 2019: $388,310Net Assets 2019: $1,467,0652019Assets 2020: $2,037,862Liabilities 2020: $315,313Net Assets 2020: $1,722,5492020Assets 2021: $2,405,893Liabilities 2021: $533,434Net Assets 2021: $1,872,4592021Assets 2022: $2,661,694Liabilities 2022: $297,243Net Assets 2022: $2,364,4512022Assets 2023: $2,661,039Liabilities 2023: $268,344Net Assets 2023: $2,392,6952023Assets 2024: $3,179,163Liabilities 2024: $293,776Net Assets 2024: $2,885,3872024Assets 2025: $3,590,673Liabilities 2025: $284,297Net Assets 2025: $3,306,3762025

Highlighted filing

2023

Assets$2,661,039
Liabilities$268,344
Net Assets$2,392,695

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,251,4022011Expenses 2012: $1,385,5212012Expenses 2013: $1,279,1232013Revenue 2014: $913,061Expenses 2014: $1,038,442Net Income 2014: -$125,3812014Revenue 2015: $1,116,634Expenses 2015: $1,084,903Net Income 2015: $31,7312015Revenue 2016: $1,322,541Expenses 2016: $1,121,832Net Income 2016: $200,7092016Revenue 2017: $1,551,858Expenses 2017: $1,047,910Net Income 2017: $503,9482017Revenue 2018: $1,594,611Expenses 2018: $934,152Net Income 2018: $660,4592018Revenue 2019: $926,409Expenses 2019: $872,310Net Income 2019: $54,0992019Revenue 2020: $1,116,883Expenses 2020: $866,743Net Income 2020: $250,1402020Revenue 2021: $1,026,587Expenses 2021: $860,790Net Income 2021: $165,7972021Revenue 2022: $1,522,557Expenses 2022: $1,005,180Net Income 2022: $517,3772022Revenue 2023: $1,307,777Expenses 2023: $1,131,200Net Income 2023: $176,5772023Revenue 2024: $1,638,635Expenses 2024: $1,144,010Net Income 2024: $494,6252024Revenue 2025: $1,783,789Expenses 2025: $1,409,453Net Income 2025: $374,3362025

Highlighted filing

2023

Revenue$1,307,777
Expenses$1,131,200
Net Income$176,577
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Jul 21, 2023
Return Version
2022v5.0
Gross Receipts
$1,609,549
Mission and Program Overview

Mission

Provide quality hearing and speech services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$908,984$1,052,961▲ $143,977
Investments in Publicly Traded Securities$1,099,399$984,939▼ $114,460
Cash and Non-Interest-Bearing Accounts$276,432$293,678▲ $17,246
Land, Buildings, and Equipment, Net$201,357$175,420▼ $25,937
Accounts Receivable$175,522$143,688▼ $31,834
Total Assets$2,661,694$2,661,039▼ $655
Other Assets Total-$10,353-
Liabilities
Accounts Payable and Accrued Expenses$150,317$161,338▲ $11,021
Mortgage Notes Payable Secured by Investment Property$125,670$96,485▼ $29,185
Other Liabilities$21,256$10,521▼ $10,735
Total Liabilities$297,243$268,344▼ $28,899
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,875,686$1,968,553▲ $92,867
Net Assets With Donor Restrictions$488,765$424,142▼ $64,623
Total Net Assets Fund Balance$2,364,451$2,392,695▲ $28,244
Total Liabilities and Net Assets / Fund Balance$2,661,694$2,661,039▼ $655

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,148$374,894$401,042
Equipment$26,056$309,841$335,897
Land$123,216-$123,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra Gabbard PhdPresident &FT$159,375$4,781$164,156
Sandra Gabbard PhdPresident & CEO-$159,375$4,781$164,156

Board Members and Trustees

NameTitle
Dr Stephen Cass MdChair
Barbara Biddle GaloobBoard Member
Chris WriterBoard Member
Dr Eric Lupo MdBoard Member
Linda Hood PhdBoard Member
Lisa Aubert-tann AudBoard Member
Sharon AdamsBoard Member
Jill Wayne AudSecretary
Clifford LinhardtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$149,224
Program Service Revenue
$546,670
Investment Income
$36,992
Other Revenue
$574,891
All Other Contributions
$136,947
Change in Net Assets
$176,577

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,307,777
Revenue Not Reported on Form 990
$-140,285
Total Revenue per Audited Statements
$1,167,492
Total Revenue per Form 990
$1,307,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$793,872
Other Expenses$337,328
Total Fundraising Expense$98,776
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$460,076$41,565$37,560$539,201
Current Officers, Directors, Trustees, and Key Employees$125,606$8,156$29,363$163,125
Fees for Services Other$76,406$5,457$3,473$85,336
Payroll Taxes$44,988$7,034$6,718$58,740
All Other Expenses$35,276$1,030$742$37,048
Other Employee Benefits$29,944$1,540$1,322$32,806
Insurance$18,328$2,494$3,017$23,839
Travel$17,720-$1,058$18,778
Depreciation Depletion$5,366$13,218$84$18,668
Occupancy$9,754$2,956$2,069$14,779
Other Expenses$10,087$792$2,992$13,871
Office Expenses$4,571$1,874$3,939$10,384
Interest$4,892$2,364$1,038$8,294
Advertising$4,318$1,569$1,599$7,486
Fees for Service Investment Mgmnt Fees-$6,018-$6,018
Total Functional Expenses$924,285$108,139$98,776$1,131,200

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,131,200
Total Expenses per Audited Statements$1,131,200
Total Expenses per Form 990$1,131,200
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,507
Fundraising Direct Expenses$5,588
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
MARION'S LEGACY$30,507$18,507$5,588$12,919
Total Events$30,507$18,507$5,588$12,919
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Finance Lease Obligations$10,521
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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, Page 6, Part VI, Line 11B

The form 990 is prepared by an independent cpa and is reviewed by the treasurer and chief operating officer. The president & ceo performs a final review and signs the form 990 before electronic submission to the irs.

Form 990, Page 6, Part VI, Line 12C

The organization requires that employees protect mdc information and avoid outside activities or relationships, which do or could adversely influence their decisions or actions on the job. Conflict of interest situations, which could arise while moonlighting for a competitor of ours, should also be avoided. Other examples of conflict of interest could be serving as a board member or director of a competing firm, holding financial interest in a competing organization, or being self-employed in an occupation which competes with the organization, or ownership, partnership, or personal involvement in supplier companies or distribution outlets related to organization business. If employees have any question whether a situation is a conflict of interest, employees should discuss the matter with their supervisor. If it remains unresolved, the matter will be referred to the president/ceo for a final determination.

Form 990, Page 6, Part VI, Line 15A

Compensation for the president & ceo is reviewed and adjusted annually by the board of directors based on a combination of merit, annual budget constraints, and data compiled from non-profits with similar mission, size, and complexity.

Form 990, Page 6, Part VI, Line 19

Furnished upon receipt of a valid written request.

Filing and Contact Details

Filer

Filer Name
Marion Downs Center
EIN
84-0404238
Phone
3033221871
Address
4280 HALE PARKWAY, DENVER, CO 80220

Signing Officer

Name
Sandra Gabbard Phd
Title
President & CEO
Phone
3033221871
Signed
2023-07-21

Organization Details

Principal Officer
Sandra Gabbard Phd
Formed
1918
Legal Domicile
Co
Voting Board Members
10
Independent Board Members
9
Employees
20
Volunteers
9

Preparer

Firm
Altruic Advisors Cpas
Address
4088 WASHTENAW AVE, ANN ARBOR, MI 48108
Preparer
Erik D Ladewig CPA
Phone
8882985297
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide culturally sensitive services, resources, education, and research to support the needs of individuals who are deaf or hard of hearing or who have communication challenges, their families, and professionals; all activities value individual/family choice in communication and use of technology. The organization strives to optimize the quality of life for all that it serves.

Form 990, Page 2, Part III, Line 4D

Ello. Early language and literacy outreach programs. A community-wide literacy program that equips preschoolers and their families with fundamental tools used in the development of communication and literacy skills; connect and grow teen program. This program supports teens with hearing loss through teen day, an all-day event focused on preparing high school students who are deaf and hard of hearing for life after high school and campus connections, a conference for college-bound teenagers who are deaf and hard of hearing; wyoming ehdi program. Early hearing detection and intervention program. The organization is supporting the efforts of the wyoming ehdi program to improve communicational and educational outcomes of children from birth to age five with hearing loss.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.59$0.28$3.31$1.78$1.41$0.37
2024Detailed filing. Detailed filing data is available for this year.$3.18$0.29$2.89$1.64$1.14$0.49
2023Detailed filing. Detailed filing data is available for this year.$2.66$0.27$2.39$1.31$1.13$0.18
2022Detailed filing. Detailed filing data is available for this year.$2.66$0.30$2.36$1.52$1.01$0.52
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$0.53$1.87$1.03$0.86$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.32$1.72$1.12$0.87$0.25
2019Detailed filing. Detailed filing data is available for this year.$1.86$0.39$1.47$0.93$0.87$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.81$0.39$1.41$1.59$0.93$0.66
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.39$0.76$1.55$1.05$0.50
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.40$0.29$1.32$1.12$0.20
2015Summary only. Only limited summary data is available for this year.$0.56$0.45$0.11$1.12$1.08$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.57$0.49$0.08$0.91$1.04$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.42$0.20$1.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.50$0.24$1.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.53$0.17$1.25