Civic Intelligence

MC 2 Technology Inc

990 • Fiscal year 2022 • EIN 84-1720106

Jan 01, 2022 to Dec 31, 2022 • Filed on May 31, 2023

2 Westfield Rd Suite C 1West Hartford, CT 06119

(860) 212-8164

Siviq Scores

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

Liabilities / Assets

90th percentile

0.50x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

91st percentile

100%

Faster asset growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-44%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$2

Up $1 (+100%) from 2021

Net Assets

Up

$1

Up $1 from 2021

Liabilities

Flat

$1

Flat from 2021

Revenue

Down

$59,753

Down $47,854 (-44%) from 2021

Expenses

Down

$59,753

Down $47,855 (-44%) from 2021

Net Income

Up

$0

Up $1 (+100%) from 2021

Historical Trend

Balance Sheet Trend

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

$2$1$0Assets 2021: $1Liabilities 2021: $1Net Assets 2021: $02021Assets 2022: $2Liabilities 2022: $1Net Assets 2022: $12022

Highlighted filing

2022

Assets$2
Liabilities$1
Net Assets$1

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2021: $107,607Expenses 2021: $107,608Net Income 2021: -$12021Revenue 2022: $59,753Expenses 2022: $59,753Net Income 2022: $02022

Highlighted filing

2022

Revenue$59,753
Expenses$59,753
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 31, 2023
Return Version
2022v5.0
Gross Receipts
$59,753
Mission and Program Overview

Mission

EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1$2▲ $1
Rtn Earn Endowment Incm Other Fnds$1$1→ $0
Total Assets$1$2▲ $1
Liabilities
Other Liabilities-$1-
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Total Net Assets Fund Balance$1$1→ $0
Total Liabilities and Net Assets / Fund Balance$1$2▲ $1
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sam CephasPres
Revenue and Support

Revenue Composition

Contributions and Grants
$59,753
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,753
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$18,973$555-$19,528
Occupancy$15,345--$15,345
All Other Expenses$1,394$10,599-$11,993
Other Expenses$752--$752
Fees for Services Accounting$650--$650
Advertising$100--$100
Travel$74--$74
Office Expenses$18--$18
Total Functional Expenses$48,599$11,154$0$59,753
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
misc----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
other$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

MISC

Committee meeting documentation Part VI line 8B

MISC

Local chapters branches affiliates Part VI line 10A

MISC

Form 990 governing body review Part VI line 11

MISC

Conflict of interest policy compliance Part VI line 12C

MISC

CEO executive director top management comp Part VI line 15A

MISC

Form 990 availability to public Part VI line 18

MISC

Governing documents etc available to public Part VI line 19

MISC

Filing and Contact Details

Filer

Filer Name
Mc 2 Technology Inc
EIN
84-1720106
Address
2 WESTFIELD RD SUITE C 1, West Hartford, CT 06119

Signing Officer

Name
Sam Cephas
Title
Pres
Phone
8602128164
Signed
2023-05-31
Discuss with paid preparer
No

Organization Details

Principal Officer
Sam Cephas
Formed
2007
Legal Domicile
Ct
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Andrew Rosenbergcpa
Address
18 VINE ST, New Britain, CT 06052
Preparer
Allen Bornstein
Phone
8604104001
Supplemental Narrative

Additional Explanations

Other or change in accounting method Part XII line 1

MISC

List of other fees for services expenses Part IX line 11G

MISC

List of other expenses Part IX line 24E

MISC

Raw XML Appendix283 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.

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IRS990/FundraisingAmt049360
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IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt010393
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt059753
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01
IRS990/NetAssetsOrFundBalancesEOYAmt01
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt015345
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SUMMER PROGRAM
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IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SAM CEPHAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0107607
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IRS990/PYOtherExpensesAmt0107608
IRS990/PYRevenuesLessExpensesAmt0-1
IRS990/PYTotalExpensesAmt0107608
IRS990/PYTotalRevenueAmt0107607
IRS990/ReconcilationRevenueExpnssAmt00
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0other
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0misc
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISC
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IRS990/SchoolOperatingInd0false
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ReturnHeader/Filer/EIN0841720106
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ReturnHeader/Filer/USAddress/ZIPCd006119
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt018 VINE ST
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-10
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-05-10T09:13:18-04:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CEPHAS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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