Civic Intelligence

Douglass Community Land Trust

990 • Fiscal year 2020 • EIN 84-3594302

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 07, 2021

1231 Good Hope Road SEWashington, DC 20020

(202) 567-7738

Siviq Scores

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

Liabilities / Assets

44th percentile

0.06x

Higher debt load relative to assets than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

48th percentile

0.13x

Higher debt load relative to revenue than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

97th percentile

82%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

61st percentile

$83,805

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$3,713,739

No earlier filing loaded for comparison.

Net Assets

$3,474,055

No earlier filing loaded for comparison.

Liabilities

$239,684

No earlier filing loaded for comparison.

Revenue

$1,871,762

No earlier filing loaded for comparison.

Expenses

$328,630

No earlier filing loaded for comparison.

Net Income

$1,543,132

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $3,713,739Liabilities 2020: $239,684Net Assets 2020: $3,474,0552020Assets 2021: $5,291,865Liabilities 2021: $3,663Net Assets 2021: $5,288,2022021Assets 2022: $5,958,855Liabilities 2022: $582,647Net Assets 2022: $5,376,2082022Assets 2023: $12,138,522Liabilities 2023: $1,236,954Net Assets 2023: $10,901,5682023Assets 2024: $12,462,614Liabilities 2024: $1,547,574Net Assets 2024: $10,915,0402024

Highlighted filing

2020

Assets$3,713,739
Liabilities$239,684
Net Assets$3,474,055

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2020: $1,871,762Expenses 2020: $328,630Net Income 2020: $1,543,1322020Revenue 2021: $356,838Expenses 2021: $403,062Net Income 2021: -$46,2242021Revenue 2022: $523,152Expenses 2022: $435,146Net Income 2022: $88,0062022Revenue 2023: $6,223,299Expenses 2023: $697,939Net Income 2023: $5,525,3602023Revenue 2024: $2,691,805Expenses 2024: $2,662,674Net Income 2024: $29,1312024

Highlighted filing

2020

Revenue$1,871,762
Expenses$328,630
Net Income$1,543,132
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 7, 2021
Return Version
2020v4.1
Gross Receipts
$1,871,762
Mission and Program Overview

Mission

To plant the roots of affordability, security, and prosperity for current and future generations. Enabling the inclusive and equitable development and preservation of permanently affordable housing, local small business, and other public assets through community ownership of land.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$1,617,230▲ $1,617,230
Land, Buildings, and Equipment, Net$800,000$1,300,000▲ $500,000
Accounts Receivable$2,958$547,951▲ $544,993
Other Notes and Loans Receivable, Net$500,000$225,600▼ $274,400
Pledges and Grants Receivable-$7,500-
Total Assets$2,730,923$3,713,739▲ $982,816
Other Assets Total$1,427,965$15,458▼ $1,412,507
Liabilities
Unsecured Notes Loans Payable$800,000--
Mortgage Notes Payable Secured by Investment Property-$225,600-
Accounts Payable and Accrued Expenses-$14,084-
Total Liabilities$800,000$239,684▼ $560,316
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,958$1,874,055▲ $1,871,097
Net Assets With Donor Restrictions$1,927,965$1,600,000▼ $327,965
Total Net Assets Fund Balance$1,930,923$3,474,055▲ $1,543,132
Total Liabilities and Net Assets / Fund Balance$2,730,923$3,713,739▲ $982,816

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,300,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ginger RumphExecutive DirectorFT$66,837$16,968$83,805

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,331,836
Program Service Revenue
$528,176
Investment Income
$11,750
Other Revenue
$0
All Other Contributions
$1,331,478
Change in Net Assets
$1,543,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$216,148
Other Expenses$112,482
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,991$1,500-$105,491
Current Officers, Directors, Trustees, and Key Employees$83,805--$83,805
Fees for Services Legal-$35,046-$35,046
Fees for Services Other$26,547$1,268-$27,815
Payroll Taxes$15,596--$15,596
Fees for Services Accounting-$15,231-$15,231
Occupancy-$9,900-$9,900
Other Employee Benefits$6,059--$6,059
Pension Plan Contributions$5,197--$5,197
Information Technology$3,789$1,194-$4,983
Insurance-$2,729-$2,729
All Other Expenses$621$1,666-$2,287
Other Expenses$1,755--$1,755
Office Expenses$210$1,116-$1,326
Travel$251$125-$376
Conferences and Meetings-$361-$361
Total Functional Expenses$258,494$70,136$0$328,630
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section A, Line 6

The organization has two classes of voting members: 1. Lessee members. All persons (i) whose primary residence or place of business is a property owned, in whole or in part, or is otherwise being stewarded by the corporation (with each property being a lessee unit), and (ii) who are aged 16 years or older, and (iii) who affirm their membership annually by submitting a signed acknowledgement of membership in a form to be determined by the board of directors. A) lessee units include residential and non-residential units whose owners lease land owned by the corporation (or any subsidiary of or partnership in which the corporation has an ownership interest), or are a signatory to a deed restricted covenant issued by the corporation (or any subsidiary of or partnership in which the corporation has an ownership interest), or have signed a contract for stewardship services with the corporation (or any subsidiary of or partnership in which the corporation has an ownership interest). B) each lessee unit shall have one vote, regardless of the number of lessee members there are in the unit. C) until such time as there are at least twenty actual lessee members, and lessee members residing at three separate property developments, the board of directors may appoint other persons to serve as lessee members, and in so doing shall select persons who can reasonably be expected to represent the interests of lessee members. Such board-appointed lessee members shall remain lessee members until the earlier of their resignation from membership or such time as there are at least twenty actual lessee members and lessee members residing at three separate property developments. 2. General members shall be those persons who (i) are not lessee members or members of a lessee unit, (ii) are sixteen years of age or older, and (iii) have complied with all of the following requirements: a) live, work, or have a demonstrated community affiliation in dc; and b) either appointment as an initial member in the actions of incorporators or submission of a membership application, including a signed statement of support for the purposes of the corporation, in a form to be determined by the board of directors; and c) payment of dues as established by the board for the year (or qualification for a waiver of dues).

Form 990, Part VI, Section A, Line 7A

Directors shall be elected by the voting members present and voting at the annual meeting, a quorum being assembled, in accordance with the following procedures: a. A separate vote shall be taken for each of the three categories of board representatives: (1) lessee representatives,(2) general representatives, and (3) public representatives. If a person has been nominated in more than one category and is then elected in one category, his or her name shall be removed from the list of nominees in the remaining categories. B. Only lessee members may vote to elect lessee representatives unless no lessee members are present at the annual membership meeting. If no lessee members are present, then general members may vote to elect lessee representatives. Each member qualified to vote for lessee representatives may vote for as many nominees in this category as there are lessee representative seats to be filled. C. All voting members (both lessee and general members) may vote to elect general representatives. Each member qualified to vote for general representatives may vote for as many nominees in this category as there are general representative seats to be filled. D. All voting members (both lessee and general members) may vote to elect public representatives. Each voting member may vote for as many public representative nominees as there are public representative seats to be filled. E. In each of the three categories, positions shall be filled by those candidates receiving the largest numbers of votes in the category, though such numbers may constitute less than a majority of the total votes cast in the category.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the executive director, accountant, and finance and executive committees, and a copy is provided to the full board before being filed with the irs.

Form 990, Part VI, Section B, Line 12C

Upon joining the board of directors or a committee with powers delegated by the board of directors, each new member shall be given a copy of the corporation's conflict of interest policy and shall sign a documents stating that they have read and understood the policy and agree to comply with it. Each board member shall annually provide a listing all of his or her professional, financial, and personal affiliations that might affect his or her independent decising-making capacity during board service. The board of directors shall review annually the conflict of interest policy.

Form 990, Part VI, Section B, Line 15A

The executive committee obtains research and information based on a review of comparability data to recommend the executive directors compensation which is approved by the full board. The process to determine compensation is performed annually and was last performed in june 2020.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization's bylaws and articles of incorporation are also available on the organization's website.

Filing and Contact Details

Filer

Filer Name
Douglass Community Land Trust
EIN
84-3594302
Phone
2025677738
Address
1231 GOOD HOPE ROAD SE, WASHINGTON, DC 20020

Signing Officer

Name
Ginger Rumph
Title
Executive Directior
Phone
2025677738
Signed
2021-12-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ginger Rumph
Formed
2019
Legal Domicile
Dc
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Firm
Jm&m
Address
10500 LITTLE PATUXENT PARKWAY SUITE, 770, COLUMBIA, MD 21044
Preparer
Tina Peacher
Phone
4108840220
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IRS990/Desc0THE DOUGLASS COMMUNITY LAND TRUST (DOUGLASS CLT) IS A NONPROFIT MEMBERSHIP ORGANIZATION CENTERED AROUND RACIAL AND ECONOMIC EQUITY THAT WAS CREATED TO PREVENT DISPLACEMENT OF CURRENT AND FUTURE RESIDENTS, CREATE COMMUNITY-HELD ASSETS, AND BUILD ASSETS FOR INDIVIDUALS AND FAMILIES, WHILE ENSURING DECISION-MAKING RESIDES WITHIN THE COMMUNITY. FUNDAMENTALLY DOUGLASS CLT AIMS TO MAKE DC AN EQUITABLE PLACE WHERE EVERYONE CAN STAY AND THRIVE - AND SPECIFICALLY LOW-INCOME, BLACK AND BROWN RESIDENTS WHO HAVE CONTRIBUTED TO MAKING DC THE THRIVING COMMUNITY IT HAS BECOME, BUT HAVE NOT BENEFITTED FROM THE ECONOMIC PROSPERITY IN NEARLY THE SAME PROPORTION AS THEIR WHITE COUNTERPARTS. DOUGLASS CLT DRIVES TOWARD THIS EQUITY BY SECURING LASTING AFFORDABILITY OF RENTAL AND OWNERSHIP HOUSING, AS WELL AS LOCAL SMALL BUSINESS, THROUGH COMMUNITY OWNERSHIP OF LAND AND COLLECTIVE STEWARDSHIP.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TWO CLASSES OF VOTING MEMBERS: 1. LESSEE MEMBERS. ALL PERSONS (I) WHOSE PRIMARY RESIDENCE OR PLACE OF BUSINESS IS A PROPERTY OWNED, IN WHOLE OR IN PART, OR IS OTHERWISE BEING STEWARDED BY THE CORPORATION (WITH EACH PROPERTY BEING A LESSEE UNIT), AND (II) WHO ARE AGED 16 YEARS OR OLDER, AND (III) WHO AFFIRM THEIR MEMBERSHIP ANNUALLY BY SUBMITTING A SIGNED ACKNOWLEDGEMENT OF MEMBERSHIP IN A FORM TO BE DETERMINED BY THE BOARD OF DIRECTORS. A) LESSEE UNITS INCLUDE RESIDENTIAL AND NON-RESIDENTIAL UNITS WHOSE OWNERS LEASE LAND OWNED BY THE CORPORATION (OR ANY SUBSIDIARY OF OR PARTNERSHIP IN WHICH THE CORPORATION HAS AN OWNERSHIP INTEREST), OR ARE A SIGNATORY TO A DEED RESTRICTED COVENANT ISSUED BY THE CORPORATION (OR ANY SUBSIDIARY OF OR PARTNERSHIP IN WHICH THE CORPORATION HAS AN OWNERSHIP INTEREST), OR HAVE SIGNED A CONTRACT FOR STEWARDSHIP SERVICES WITH THE CORPORATION (OR ANY SUBSIDIARY OF OR PARTNERSHIP IN WHICH THE CORPORATION HAS AN OWNERSHIP INTEREST). B) EACH LESSEE UNIT SHALL HAVE ONE VOTE, REGARDLESS OF THE NUMBER OF LESSEE MEMBERS THERE ARE IN THE UNIT. C) UNTIL SUCH TIME AS THERE ARE AT LEAST TWENTY ACTUAL LESSEE MEMBERS, AND LESSEE MEMBERS RESIDING AT THREE SEPARATE PROPERTY DEVELOPMENTS, THE BOARD OF DIRECTORS MAY APPOINT OTHER PERSONS TO SERVE AS LESSEE MEMBERS, AND IN SO DOING SHALL SELECT PERSONS WHO CAN REASONABLY BE EXPECTED TO REPRESENT THE INTERESTS OF LESSEE MEMBERS. SUCH BOARD-APPOINTED LESSEE MEMBERS SHALL REMAIN LESSEE MEMBERS UNTIL THE EARLIER OF THEIR RESIGNATION FROM MEMBERSHIP OR SUCH TIME AS THERE ARE AT LEAST TWENTY ACTUAL LESSEE MEMBERS AND LESSEE MEMBERS RESIDING AT THREE SEPARATE PROPERTY DEVELOPMENTS. 2. GENERAL MEMBERS SHALL BE THOSE PERSONS WHO (I) ARE NOT LESSEE MEMBERS OR MEMBERS OF A LESSEE UNIT, (II) ARE SIXTEEN YEARS OF AGE OR OLDER, AND (III) HAVE COMPLIED WITH ALL OF THE FOLLOWING REQUIREMENTS: A) LIVE, WORK, OR HAVE A DEMONSTRATED COMMUNITY AFFILIATION IN DC; AND B) EITHER APPOINTMENT AS AN INITIAL MEMBER IN THE ACTIONS OF INCORPORATORS OR SUBMISSION OF A MEMBERSHIP APPLICATION, INCLUDING A SIGNED STATEMENT OF SUPPORT FOR THE PURPOSES OF THE CORPORATION, IN A FORM TO BE DETERMINED BY THE BOARD OF DIRECTORS; AND C) PAYMENT OF DUES AS ESTABLISHED BY THE BOARD FOR THE YEAR (OR QUALIFICATION FOR A WAIVER OF DUES).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS SHALL BE ELECTED BY THE VOTING MEMBERS PRESENT AND VOTING AT THE ANNUAL MEETING, A QUORUM BEING ASSEMBLED, IN ACCORDANCE WITH THE FOLLOWING PROCEDURES: A. A SEPARATE VOTE SHALL BE TAKEN FOR EACH OF THE THREE CATEGORIES OF BOARD REPRESENTATIVES: (1) LESSEE REPRESENTATIVES,(2) GENERAL REPRESENTATIVES, AND (3) PUBLIC REPRESENTATIVES. IF A PERSON HAS BEEN NOMINATED IN MORE THAN ONE CATEGORY AND IS THEN ELECTED IN ONE CATEGORY, HIS OR HER NAME SHALL BE REMOVED FROM THE LIST OF NOMINEES IN THE REMAINING CATEGORIES. B. ONLY LESSEE MEMBERS MAY VOTE TO ELECT LESSEE REPRESENTATIVES UNLESS NO LESSEE MEMBERS ARE PRESENT AT THE ANNUAL MEMBERSHIP MEETING. IF NO LESSEE MEMBERS ARE PRESENT, THEN GENERAL MEMBERS MAY VOTE TO ELECT LESSEE REPRESENTATIVES. EACH MEMBER QUALIFIED TO VOTE FOR LESSEE REPRESENTATIVES MAY VOTE FOR AS MANY NOMINEES IN THIS CATEGORY AS THERE ARE LESSEE REPRESENTATIVE SEATS TO BE FILLED. C. ALL VOTING MEMBERS (BOTH LESSEE AND GENERAL MEMBERS) MAY VOTE TO ELECT GENERAL REPRESENTATIVES. EACH MEMBER QUALIFIED TO VOTE FOR GENERAL REPRESENTATIVES MAY VOTE FOR AS MANY NOMINEES IN THIS CATEGORY AS THERE ARE GENERAL REPRESENTATIVE SEATS TO BE FILLED. D. ALL VOTING MEMBERS (BOTH LESSEE AND GENERAL MEMBERS) MAY VOTE TO ELECT PUBLIC REPRESENTATIVES. EACH VOTING MEMBER MAY VOTE FOR AS MANY PUBLIC REPRESENTATIVE NOMINEES AS THERE ARE PUBLIC REPRESENTATIVE SEATS TO BE FILLED. E. IN EACH OF THE THREE CATEGORIES, POSITIONS SHALL BE FILLED BY THOSE CANDIDATES RECEIVING THE LARGEST NUMBERS OF VOTES IN THE CATEGORY, THOUGH SUCH NUMBERS MAY CONSTITUTE LESS THAN A MAJORITY OF THE TOTAL VOTES CAST IN THE CATEGORY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, ACCOUNTANT, AND FINANCE AND EXECUTIVE COMMITTEES, AND A COPY IS PROVIDED TO THE FULL BOARD BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON JOINING THE BOARD OF DIRECTORS OR A COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS, EACH NEW MEMBER SHALL BE GIVEN A COPY OF THE CORPORATION'S CONFLICT OF INTEREST POLICY AND SHALL SIGN A DOCUMENTS STATING THAT THEY HAVE READ AND UNDERSTOOD THE POLICY AND AGREE TO COMPLY WITH IT. EACH BOARD MEMBER SHALL ANNUALLY PROVIDE A LISTING ALL OF HIS OR HER PROFESSIONAL, FINANCIAL, AND PERSONAL AFFILIATIONS THAT MIGHT AFFECT HIS OR HER INDEPENDENT DECISING-MAKING CAPACITY DURING BOARD SERVICE. THE BOARD OF DIRECTORS SHALL REVIEW ANNUALLY THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE OBTAINS RESEARCH AND INFORMATION BASED ON A REVIEW OF COMPARABILITY DATA TO RECOMMEND THE EXECUTIVE DIRECTORS COMPENSATION WHICH IS APPROVED BY THE FULL BOARD. THE PROCESS TO DETERMINE COMPENSATION IS PERFORMED ANNUALLY AND WAS LAST PERFORMED IN JUNE 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S BYLAWS AND ARTICLES OF INCORPORATION ARE ALSO AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
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