Civic Intelligence

Elevated Landing Certified Development Company

990 • Fiscal year 2016 • EIN 85-0400026

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 24, 2017

6500 Jefferson NE Suite 200Albuquerque, NM 87109

(505) 843-9232

Siviq Scores

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

Liabilities / Assets

57th percentile

0.15x

Higher debt load relative to assets than 57% of similar nonprofits.

2016 filings • NTEE S • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

64th percentile

0.15x

Higher debt load relative to revenue than 64% of similar nonprofits.

2016 filings • NTEE S • $500k-$1M nonprofits • Source year 2016

Net Margin

29th percentile

-4.6%

Higher net margin than 29% of similar nonprofits.

2016 filings • NTEE S • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

86th percentile

$126,129

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2016 filings • NTEE S • $500k-$1M nonprofits • Source year 2016

Asset Growth

21st percentile

-7.1%

Faster asset growth than 21% of similar nonprofits.

2016 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

23rd percentile

-13%

Faster revenue growth than 23% of similar nonprofits.

2016 filings • NTEE S • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$872,777

Down $67,179 (-7.1%) from 2015

Net Assets

Down

$745,213

Down $38,226 (-4.9%) from 2015

Liabilities

Down

$127,564

Down $28,953 (-18%) from 2015

Revenue

Down

$829,981

Down $119,531 (-13%) from 2015

Expenses

Down

$868,207

Down $1,824 (-0.2%) from 2015

Net Income

Down

-$38,226

Down $117,707 (-148%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,535,229Liabilities 2010: $322,330Net Assets 2010: $1,212,8992010Assets 2011: $1,237,991Liabilities 2011: $320,531Net Assets 2011: $917,4602011Assets 2012: $1,167,303Liabilities 2012: $379,540Net Assets 2012: $787,7632012Assets 2013: $915,502Liabilities 2013: $216,413Net Assets 2013: $699,0892013Assets 2014: $895,169Liabilities 2014: $191,211Net Assets 2014: $703,9582014Assets 2015: $939,956Liabilities 2015: $156,517Net Assets 2015: $783,4392015Assets 2016: $872,777Liabilities 2016: $127,564Net Assets 2016: $745,2132016Assets 2017: $807,013Liabilities 2017: $95,825Net Assets 2017: $711,1882017Assets 2018: $688,316Liabilities 2018: $99,060Net Assets 2018: $589,2562018Assets 2019: $830,131Liabilities 2019: $107,200Net Assets 2019: $722,9312019Assets 2020: $882,637Liabilities 2020: $113,042Net Assets 2020: $769,5952020Assets 2021: $994,069Liabilities 2021: $158,662Net Assets 2021: $835,4072021Assets 2022: $1,050,394Liabilities 2022: $122,492Net Assets 2022: $927,9022022Assets 2023: $953,424Liabilities 2023: $159,981Net Assets 2023: $793,4432023Assets 2024: $1,060,195Liabilities 2024: $149,201Net Assets 2024: $910,9942024Assets 2025: $1,239,521Liabilities 2025: $372,783Net Assets 2025: $866,7382025

Highlighted filing

2016

Assets$872,777
Liabilities$127,564
Net Assets$745,213

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,066,8032010Expenses 2011: $1,146,1102011Expenses 2012: $1,173,6122012Expenses 2013: $1,186,9002013Revenue 2014: $997,308Expenses 2014: $992,439Net Income 2014: $4,8692014Revenue 2015: $949,512Expenses 2015: $870,031Net Income 2015: $79,4812015Revenue 2016: $829,981Expenses 2016: $868,207Net Income 2016: -$38,2262016Revenue 2017: $892,478Expenses 2017: $926,503Net Income 2017: -$34,0252017Revenue 2018: $865,602Expenses 2018: $987,534Net Income 2018: -$121,9322018Revenue 2019: $981,924Expenses 2019: $859,318Net Income 2019: $122,6062019Revenue 2020: $813,311Expenses 2020: $748,949Net Income 2020: $64,3622020Revenue 2021: $790,092Expenses 2021: $768,295Net Income 2021: $21,7972021Revenue 2022: $993,953Expenses 2022: $901,458Net Income 2022: $92,4952022Revenue 2023: $746,858Expenses 2023: $881,317Net Income 2023: -$134,4592023Revenue 2024: $757,250Expenses 2024: $639,699Net Income 2024: $117,5512024Revenue 2025: $698,654Expenses 2025: $742,910Net Income 2025: -$44,2562025

Highlighted filing

2016

Revenue$829,981
Expenses$868,207
Net Income-$38,226
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 24, 2017
Return Version
2015v3.0
Gross Receipts
$829,981
Mission and Program Overview

Mission

To assist in the growth and development of small business concerns in the state of new mexico

To assist in the growth and development of small business concerns in the state of new mexico.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$626,217$628,253▲ $2,036
Cash and Non-Interest-Bearing Accounts$229,796$148,191▼ $81,605
Accounts Receivable$39,230$52,543▲ $13,313
Prepaid Expenses and Deferred Charges$24,264$20,875▼ $3,389
Land, Buildings, and Equipment, Net$13,100$15,566▲ $2,466
Total Assets$939,956$872,777▼ $67,179
Other Assets Total$7,349$7,349→ $0
Liabilities
Other Liabilities$108,287$95,114▼ $13,173
Accounts Payable and Accrued Expenses$32,272$22,549▼ $9,723
Deferred Revenue$15,958$9,901▼ $6,057
Total Liabilities$156,517$127,564▼ $28,953
Net Assets / Fund Balance
Unrestricted Net Assets$783,439$745,213▼ $38,226
Total Net Assets Fund Balance$783,439$745,213▼ $38,226
Total Liabilities and Net Assets / Fund Balance$939,956$872,777▼ $67,179

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$12,514$261,272$273,786
Leasehold Improvements$3,052$19,847$22,899
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ronald D BrownExecutive DiFT$120,000$6,129$126,129
Alexis HamiltonAssistant SeFT$49,689$9,497$59,186
Kelly EgglestonAssistant SeFT$37,614$5,611$43,225

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$784,507
Investment Income
$45,474
Other Revenue
$0
Change in Net Assets
$-38,226

Audited Revenue Reconciliation

Revenue per Audited Statements
$829,981
Total Revenue per Audited Statements
$829,981
Total Revenue per Form 990
$829,981
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$600,620
Other Expenses$267,587
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$149,410$118,674-$268,084
Other Salaries and Wages$264,946--$264,946
Occupancy$66,162$17,296-$83,458
Travel$34,350$2,987-$37,337
Payroll Taxes$30,141--$30,141
Other Employee Benefits$22,417--$22,417
Office Expenses$19,264$2,725-$21,989
Insurance$17,258$1,918-$19,176
Information Technology$16,785$1,865-$18,650
Fees for Services Accounting$12,856$2,269-$15,125
Pension Plan Contributions$15,032--$15,032
Depreciation Depletion$10,507$1,167-$11,674
Advertising$10,203--$10,203
Fees for Services Other$1,163$2,714-$3,877
All Other Expenses$3,265$267-$3,532
Other Expenses$3,478$5,262-$3,478
Fees for Services Legal$1,825--$1,825
Total Functional Expenses$711,063$157,144$0$868,207

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$868,207
Total Expenses per Audited Statements$868,207
Total Expenses per Form 990$868,207
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Servicing Loss Reserve$95,114
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
Yes
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 6

The organization does have members.

Form 990, Page 6, Part VI, Line 7A

The organization's membership has the power to elect members of the governing body.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed at a board meeting by the members of the governing body before filing the return.

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

The organization regularly and consistently monitors and enforces the conflict of interest policy through annual disclosure requirements.

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

The process for determining compensation of the executive director is a comparison with industry data. This process is performed periodically as part of the budgeting process.

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

The compensation of officers and key employees, if any, is performed annually as part of the budgeting process.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Enchantment Land Certified
EIN
85-0400026
Phone
5058439232
Address
6500 JEFFERSON NE SUITE 200, ALBUQUERQUE, NM 87109

Signing Officer

Name
Ronald D Brown
Title
Executive Director
Phone
5058439232
Signed
2017-02-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ronald D Brown
Formed
1988
Legal Domicile
Nm
Voting Board Members
11
Independent Board Members
11
Employees
11
Volunteers
26

Preparer

Firm
Loftis Group LLC
Address
4811 HARDWARE RD NE STE E-4, ALBUQUERQUE, NM 87109-2023
Preparer
Nick Loftis
Phone
5052935009
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Elcdc is exempt from state and federal income tax under section 501(c)(3) of the internal revenue code and has been classified by the internal revenue service as an organization that is not a private foundation. Accounting principles generally accepted in the united stated of america require elcdc to evaluate tax positions taken or expected to be taken and recognize a tax liability if elcdc has taken an uncertain tax position that more likely than not would not be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by elcdc, and has concluded that as of september 30, 2016 and 2015, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. Elcdc is subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress. Elcdc's open tax periods are for the years ended september 30, 2014 and thereafter.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN SERVICING LOSS RESERVE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ELCDC IS EXEMPT FROM STATE AND FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATED OF AMERICA REQUIRE ELCDC TO EVALUATE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN AND RECOGNIZE A TAX LIABILITY IF ELCDC HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY ELCDC, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2016 AND 2015, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ELCDC IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. ELCDC'S OPEN TAX PERIODS ARE FOR THE YEARS ENDED SEPTEMBER 30, 2014 AND THEREAFTER.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES HAVE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERSHIP HAS THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS REVIEWED AT A BOARD MEETING BY THE MEMBERS OF THE GOVERNING BODY BEFORE FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL DISCLOSURE REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING COMPENSATION OF THE EXECUTIVE DIRECTOR IS A COMPARISON WITH INDUSTRY DATA. THIS PROCESS IS PERFORMED PERIODICALLY AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES, IF ANY, IS PERFORMED ANNUALLY AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.24$0.37$0.87$0.70$0.74$0.04
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.15$0.91$0.76$0.64$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.16$0.79$0.75$0.88$0.13
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.12$0.93$0.99$0.90$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.99$0.16$0.84$0.79$0.77$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.11$0.77$0.81$0.75$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.11$0.72$0.98$0.86$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.69$0.10$0.59$0.87$0.99$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.10$0.71$0.89$0.93$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.87$0.13$0.75$0.83$0.87$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.94$0.16$0.78$0.95$0.87$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.90$0.19$0.70$1.00$0.99$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.22$0.70$1.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.38$0.79$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.32$0.92$1.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.32$1.21$1.07
Peer Organizations

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