Civic Intelligence

DC Accounting Lab

990EZ • Fiscal year 2021 • EIN 85-0799013

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

Organization Profiledcaccountinglab.org
600 Pennsylvania Ave SE FRNT2Washington, DC 20003

(301) 821-2658

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

90th percentile

$39,154

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 48.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

100th percentile

26962%

Faster asset growth than 100% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

802%

Faster revenue growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets73rd percentile

Assets

Up

$18,673

Up $18,604 (+26962%) from 2020

Net Assets

Up

$17,798

Up $28,929 (+260%) from 2020

Liabilities

Down

$875

Down $10,325 (-92%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin17th percentile

Revenue

Up

$81,185

Up $72,185 (+802%) from 2020

Expenses

Up

$100,405

Up $79,774 (+387%) from 2020

Net Income

Down

-$19,220

Down $7,589 (-65%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

2021

Assets$18,673
Liabilities$875
Net Assets$17,798
Open 2021 Filing

Operations Trend

Revenue Growth98th percentile

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

2021

Revenue$81,185
Expenses$100,405
Net Income-$19,220
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.0
Gross Receipts
$81,185
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.

Program Services

DescriptionGrantsExpenses
The Financial Services programs successfully processed Federal and State financial statements, tax returns, and provided advisory and compliance services for small to middle market business owners including Federal Employee Retention Tax Credits and numerous forgivable grant awards securing more than $250,000 in critical financial assistance for small businesses during FY2021.--
The Educational Services programs successfully collaborated with for profit and other tax-exempt entities to develop strategies for improving District of Columbia schools during 2021.--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alicia DorseyExecutive DirectorFT$39,154-$39,154
Filing and Contact Details

Filer

Filer Name
DC Accounting Lab
EIN
85-0799013
Phone
3018212658
Address
600 Pennsylvania Ave SE FRNT2, Washington, DC 20003

Signing Officer

Name
Alicia Dorsey
Title
Executive Director
Signed
2022-11-04
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $191”

Other Expenses.1002

“Office Expenses $8257”

Other Expenses.1005

“Travel $9261”

Other Expenses.1007

“Conferences, Conventions, and Meetings $3011”

Other Expenses.1008

“Interest $114”

Other Expenses.1012

“Insurance $461”

Other Expenses.1

“Gas & Parking $284”

Total Liabilities.1

“- Beginning $11200 - Ending $0”

Total Liabilities.2

“- Beginning $0 - Ending $875”

Raw XML Appendix143 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/BooksInCareOfDetail/USAddress/CityNm0Washington
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd020020
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alicia Dorsey
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IRS990EZ/OtherExpensesTotalAmt021579
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0DC 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.
IRS990EZ/PrintingPublicationsPostageAmt033
IRS990EZ/ProgramServiceRevenueAmt081185
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The Educational Services programs successfully collaborated with for profit and other tax-exempt entities to develop strategies for improving District of Columbia schools during 2021.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt061375
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0DC
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011200
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0875
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0100405
IRS990EZ/TotalRevenueAmt081185
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://dcaccountinglab.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: DC Accounting Lab is an educational public charity that received 100 public support from donor contributions for Education Service Programs and/or Financial Services Program fee income, related to our exempt functions. Prior 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.
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt031250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt042450
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09000
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt051450
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt031250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020200
IRS990ScheduleA/Total509Grp/TotalAmt051450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt031250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020200
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt051450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $191
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $8257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $9261
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $3011
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest $114
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $461
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Gas & Parking $284
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7- Beginning $11200 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8- Beginning $0 - Ending $875
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Alicia Dorsey
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-04
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ReturnHeader/Filer/BusinessNameControlTxt0DCAC
ReturnHeader/Filer/EIN0850799013
ReturnHeader/Filer/PhoneNum03018212658
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 Pennsylvania Ave SE FRNT2
ReturnHeader/Filer/USAddress/CityNm0Washington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020003
ReturnHeader/ReturnTs02022-11-04T15:32:42-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Alicia
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,673
Liabilities
$875
Net assets
$17,798
Revenue
$81,185
Expenses
$100,405
Net income
-$19,220
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.19$0.01$0.18$0.81$1.00$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.11$0.11$0.09$0.21$0.12