Civic Intelligence

Mpowered

990 • Fiscal year 2016 • EIN 84-1610093

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 16, 2017

2009 Wadsworth Blvd Ste 100Lakewood, CO 80214

(303) 233-2773

Siviq Scores

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

Liabilities / Assets

90th percentile

0.79x

Higher debt load relative to assets than 90% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

67th percentile

0.12x

Higher debt load relative to revenue than 67% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

30th percentile

-4.1%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

86th percentile

34%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

51%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$144,203

Up $36,605 (+34%) from 2015

Net Assets

Down

$30,348

Down $38,600 (-56%) from 2015

Liabilities

Up

$113,855

Up $75,205 (+195%) from 2015

Revenue

Up

$944,108

Up $318,464 (+51%) from 2015

Expenses

Down

$982,708

Down $109,902 (-10%) from 2015

Net Income

Up

-$38,600

Up $428,366 (+92%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $122,678Liabilities 2010: $16,249Net Assets 2010: $106,4292010Assets 2011: $132,499Liabilities 2011: $24,337Net Assets 2011: $108,1622011Assets 2012: $586,070Liabilities 2012: $56,251Net Assets 2012: $529,8192012Assets 2013: $381,099Liabilities 2013: $63,278Net Assets 2013: $317,8212013Assets 2014: $612,626Liabilities 2014: $76,712Net Assets 2014: $535,9142014Assets 2015: $107,598Liabilities 2015: $38,650Net Assets 2015: $68,9482015Assets 2016: $144,203Liabilities 2016: $113,855Net Assets 2016: $30,3482016Assets 2017: $264,466Liabilities 2017: $135,022Net Assets 2017: $129,4442017Assets 2018: $168,792Liabilities 2018: $105,396Net Assets 2018: $63,3962018Assets 2019: $506,295Liabilities 2019: $314,236Net Assets 2019: $192,0592019Assets 2020: $94,883Liabilities 2020: $17Net Assets 2020: $94,8662020

Highlighted filing

2016

Assets$144,203
Liabilities$113,855
Net Assets$30,348

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $547,2542010Expenses 2011: $528,8012011Revenue 2012: $1,063,922Expenses 2012: $642,265Net Income 2012: $421,6572012Revenue 2013: $778,591Expenses 2013: $990,589Net Income 2013: -$211,9982013Revenue 2014: $1,235,486Expenses 2014: $1,017,393Net Income 2014: $218,0932014Revenue 2015: $625,644Expenses 2015: $1,092,610Net Income 2015: -$466,9662015Revenue 2016: $944,108Expenses 2016: $982,708Net Income 2016: -$38,6002016Revenue 2017: $1,177,401Expenses 2017: $974,327Net Income 2017: $203,0742017Revenue 2018: $1,052,543Expenses 2018: $1,118,589Net Income 2018: -$66,0462018Revenue 2019: $1,269,505Expenses 2019: $1,140,842Net Income 2019: $128,6632019Revenue 2020: $437,117Expenses 2020: $530,241Net Income 2020: -$93,1242020

Highlighted filing

2016

Revenue$944,108
Expenses$982,708
Net Income-$38,600
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 16, 2017
Return Version
2016v3.0
Gross Receipts
$944,108
Mission and Program Overview

Mission

Our mission is to empower people to transform their financial futures. We do this through our three primary program areas of financial coaching, financial education, and debt management.

Financial education, coaching and debt management services for individuals, families, and the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$43,868$96,148▲ $52,280
Savings and Temporary Cash Investments$20,218$20,082▼ $136
Land, Buildings, and Equipment, Net$19,770$13,344▼ $6,426
Prepaid Expenses and Deferred Charges$17,723$11,990▼ $5,733
Intangible Assets$5,619$2,365▼ $3,254
Cash and Non-Interest-Bearing Accounts$400$274▼ $126
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$107,598$144,203▲ $36,605
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$83,192-
Other Liabilities$25,305$16,325▼ $8,980
Accounts Payable and Accrued Expenses$13,345$14,338▲ $993
Total Liabilities$38,650$113,855▲ $75,205
Net Assets / Fund Balance
Unrestricted Net Assets$38,742$30,348▼ $8,394
Temporarily Rstr Net Assets$30,206--
Total Net Assets Fund Balance$68,948$30,348▼ $38,600
Total Liabilities and Net Assets / Fund Balance$107,598$144,203▲ $36,605

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,902$18,019$28,921
Leasehold Improvements$2,352$15,844$18,196
Other Land Buildings$90$5,339$5,429
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Chad GentryExecutive DirectorFT$76,420$76,420

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$734,599
Program Service Revenue
$209,452
Investment Income
$57
Other Revenue
$0
All Other Contributions
$309,132
Change in Net Assets
$-38,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$944,108
Total Revenue per Audited Statements
$944,108
Total Revenue per Form 990
$944,108
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$791,548
Other Expenses$191,160
Total Fundraising Expense$105,951
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$495,422$62,992$49,309$607,723
Current Officers, Directors, Trustees, and Key Employees$38,210$19,105$19,105$76,420
Fees for Services Other$45,186$940$12,783$58,909
Payroll Taxes$42,427$6,527$5,440$54,394
Other Employee Benefits$35,764$5,502$4,585$45,851
Occupancy$26,956$4,147$3,456$34,559
Conferences and Meetings$15,495--$15,495
Office Expenses$11,318$1,741$1,451$14,510
Travel$7,842$3,590$2,992$14,424
Depreciation Depletion$10,242$1,576$1,313$13,131
Information Technology$9,679$1,488$1,241$12,408
Fees for Services Accounting$9,266$1,426$1,188$11,880
Insurance$5,819$895$746$7,460
Pension Plan Contributions$5,585$859$716$7,160
Advertising$2,630$1,314$1,314$5,258
Other Expenses$2,439$375$312$3,126
Total Functional Expenses$764,280$112,477$105,951$982,708

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$982,708
Total Expenses per Audited Statements$982,708
Total Expenses per Form 990$982,708
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued compensated absences$13,563
Deferred rent charges$2,762
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Line 11B: Form 990 Review Process

Reviewed in detail and accepted by Executive Committee of Board of Directors prior to actual filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Reviewed in detail annually with all directors.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Executive Director - Reviewed annually by Board of Directors using data compiled from survey of over 400 nonprofits within the state as compiled by the Colorado Non-profit Association.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Furnished upon receipt of writtten request and a nominal fee for the costs of copying, handling and postage.

Filing and Contact Details

Filer

Filer Name
Mpowered
EIN
84-1610093
Phone
3032332773
Address
2009 Wadsworth Blvd Ste 100, Lakewood, CO 80214

Signing Officer

Name
Chad Gentry
Title
Executive Director
Signed
2017-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marie Peters
Formed
2001
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
13
Employees
19
Volunteers
20

Preparer

Firm
Davis & Co CPAs PC
Address
9457 S University Blvd 410, Highlands Ranch, CO 80126
Preparer
James M Davis
Phone
3037916800
Supplemental Narrative

Additional Explanations

Client Note 1

Client Note 1 - Schedule A Part Iv-A, lns 27a and 27b Notice Re: Payments from Disqualified Persons and Excess Payments from Nondisqualified PersonsYou are required by the IRS to keep this form in your records in case you are ever audited. However, it is not considered an actual part of your tax return. Therefore, you should keep it separately in your files, and not provide it to anyone who asks for a copy of your Form 990.

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from federal and state income taxes and believes it has complied with all requirements necessary to maintain its status.

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