Civic Intelligence

DC Accounting Lab

990EZ • Fiscal year 2020 • EIN 85-0799013

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 08, 2021

3515 Texas AveWashington, DC 20020

(301) 821-2658

Siviq Scores

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

Liabilities / Assets

100th percentile

162.32x

Higher debt load relative to assets than 100% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

95th percentile

1.24x

Higher debt load relative to revenue than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

6th percentile

-129%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k 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

$69

No earlier filing loaded for comparison.

Net Assets

-$11,131

No earlier filing loaded for comparison.

Liabilities

$11,200

No earlier filing loaded for comparison.

Revenue

$9,000

No earlier filing loaded for comparison.

Expenses

$20,631

No earlier filing loaded for comparison.

Net Income

-$11,631

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.

$20K$10K$0-$10K-$20KAssets 2020: $69Liabilities 2020: $11,200Net Assets 2020: -$11,1312020Assets 2021: $18,673Liabilities 2021: $875Net Assets 2021: $17,7982021

Highlighted filing

2020

Assets$69
Liabilities$11,200
Net Assets-$11,131

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2020: $9,000Expenses 2020: $20,631Net Income 2020: -$11,6312020Revenue 2021: $81,185Expenses 2021: $100,405Net Income 2021: -$19,2202021

Highlighted filing

2020

Revenue$9,000
Expenses$20,631
Net Income-$11,631
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 8, 2021
Return Version
2020v4.0
Gross Receipts
$9,000
Mission and Program Overview

Mission

DC Accounting Lab is an educational nonprofit dedicated to providing top quality financial services to small businesses by pairing Fortune 500 experienced CPAs with collegiate accounting interns to support financial services. We create high-quality work experiences and provide professional certification training for college students majoring in Accounting and Finance by using skilled CPAs to train and supervise collegiate interns in bookkeeping and tax preparation. DC Accounting Lab is also dedicated to providing top quality educational support to public schools by pairing Certified Teachers with college students majoring in Education and Math. We create mutually beneficial professional work experiences for college students to provide classroom support in Reading, ELA, and Math, while receiving supervised training in classroom management and pedagogy from Certified Teachers. Our goal is to create a pipeline of highly qualified public-school educators.

DC Accounting Lab is an educational nonprofit dedicated to providing top quality financial services to small businesses by pairing Fortune 500 experienced CPAs with trained accounting collegiate interns to support financial services. We create high-quality work experiences and provide professional certification training for college students majoring in Accounting and Finance by using skilled CPAs to train and supervise collegiate interns in bookkeeping and tax preparation. DC Accounting Lab is also dedicated to providing top quality educational support to public schools by pairing Certified Teachers with college students majoring in Education and Math. We create mutually beneficial professional work experiences for college students to provide classroom support in Reading, ELA, and Math, while receiving supervised training in classroom management and pedagogy from Certified Teachers. Our goal is to create a pipeline of highly qualified public-school educators.

Program Services

DescriptionGrantsExpenses
The Financial Services programs successfully processed Federal and State financial pandemic assistance applications for small to middle market business owners including SBA Economic Income Disaster Recovery Loans (EIDL), Payment Protection Program (PPP), Health and Human Services grants (HHS) and numerous forgivable grant awards; securing more than $500,000 in critical financial assistance for small businesses during FY2020.$9,096-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alicia DorseyExecutive DirectorFT$0--
Filing and Contact Details

Filer

Filer Name
DC Accounting Lab
EIN
85-0799013
Phone
3018212658
Address
3515 Texas Ave, Washington, DC 20020

Signing Officer

Name
Alicia M Dorsey
Title
Executive Director
Phone
3018212658
Signed
2021-11-08
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $882

Other Expenses.1002

Office Expenses $3898

Other Expenses.1012

Insurance $617

Other Expenses.1

Meals & Entertainment $945

Total Liabilities.1

SBA PPP Loan - Beginning $0 SBA PPP Loan - Ending $11200

Raw XML Appendix140 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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IRS990EZ/ProgramServiceRevenueAmt09000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09096
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IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011200
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: DC Accounting Lab is an educational public charity that received 100% public support from contributions and/or Financial Services Program income related to our exempt functions. Prior Year Facts and Circumstances: N/A
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt09000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt09000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $3898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $617
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SBA PPP Loan - Beginning $0 SBA PPP Loan - Ending $11200
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Total Liabilities.1
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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