Civic Intelligence

Studio Afoundation

990 • Fiscal year 2022 • EIN 86-1686372

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 02, 2023

Organization ProfileN/A
3442 Brenbrook DriveRandallstown, MD 21133

(410) 952-9394

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

48th percentile

3.1%

Higher net margin than 48% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

54th percentile

3.6%

Faster asset growth than 54% of similar nonprofits.

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

Revenue Growth

16th percentile

-34%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$67,497

Up $2,371 (+3.6%) from 2021

Net Assets

Up

$67,497

Up $2,371 (+3.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin48th percentile

Revenue

Down

$76,375

Down $38,737 (-34%) from 2021

Expenses

Up

$74,004

Up $24,018 (+48%) from 2021

Net Income

Down

$2,371

Down $62,755 (-96%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$80K$60K$40K$20K$0Assets 2021: $65,126Liabilities 2021: $0Net Assets 2021: $65,1262021Assets 2022: $67,497Liabilities 2022: $0Net Assets 2022: $67,4972022Assets 2023: $48,789Liabilities 2023: $0Net Assets 2023: $48,7892023Assets 2024: $15,096Net Assets 2024: $15,0962024

Highlighted filing

2022

Assets$67,497
Liabilities$0
Net Assets$67,497
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

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

$150K$100K$50K$0-$50KRevenue 2021: $115,112Expenses 2021: $49,986Net Income 2021: $65,1262021Revenue 2022: $76,375Expenses 2022: $74,004Net Income 2022: $2,3712022Revenue 2023: $73,936Expenses 2023: $92,644Net Income 2023: -$18,7082023Revenue 2024: $46,064Expenses 2024: $79,757Net Income 2024: -$33,6932024

Highlighted filing

2022

Revenue$76,375
Expenses$74,004
Net Income$2,371
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 2, 2023
Return Version
2022v5.0
Gross Receipts
$76,375
Mission and Program Overview

Mission

To provide mentorship & scholarships to high school juniors & seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$65,126$67,497▲ $2,371
Total Assets$65,126$67,497▲ $2,371
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,126$67,497▲ $2,371
Total Net Assets Fund Balance$65,126$67,497▲ $2,371
Total Liabilities and Net Assets / Fund Balance$65,126$67,497▲ $2,371
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Adrienne CarverDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$76,375
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,004
Total Fundraising Expense$24,788
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$2,829$93-$2,922
Fees for Services Accounting$1,450--$1,450
Other Expenses$1,000-$1,200$1,000
All Other Expenses$217$227-$444
Total Functional Expenses$48,896$320$24,788$74,004
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
Backup withholding compliance
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

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

“Form 990 is reviewed by the executive director.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Studio a Foundation
EIN
86-1686372
Phone
4109529394
Address
3442 BRENBROOK DRIVE, RANDALLSTOWN, MD 21133

Signing Officer

Name
Adrienne Carver
Title
Director
Phone
4109529394
Signed
2023-06-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adrienne Carver
Formed
2021
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
King King & Associates Pa
Address
124 SLADE AVE SUITE 100, BALTIMORE, MD 21208-4919
Preparer
Pamela King Smith CPA
Phone
4104864500
Raw XML Appendix236 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.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE MENTORSHIP & SCHOLARSHIPS TO HIGH SCHOOL JUNIORS & SENIORS
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0227
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0217
IRS990/AllOtherExpensesGrp/TotalAmt0444
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ADRIENNE CARVER
IRS990/BooksInCareOfDetail/PhoneNum04109529394
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IRS990/BooksInCareOfDetail/USAddress/CityNm0RANDALLSTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021133
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
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IRS990/CompensationProcessOtherInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt076375
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
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IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt02371
IRS990/CYSalariesCompEmpBnftPaidAmt00
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IRS990/CYTotalFundraisingExpenseAmt024788
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt076375
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
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IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt048896
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01450
IRS990/FeesForServicesAccountingGrp/TotalAmt01450
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt076375
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt076375
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE MENTORSHIP & SCHOLARSHIPS TO HIGH SCHOOL JUNIORS & SENIORS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt065126
IRS990/NetAssetsOrFundBalancesEOYAmt067497
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt065126
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt067497
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt093
IRS990/OfficeExpensesGrp/ProgramServicesAmt02829
IRS990/OfficeExpensesGrp/TotalAmt02922
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc1EVENT EXP
IRS990/OtherExpensesGrp/Desc2NETWORK
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/FundraisingAmt023588
IRS990/OtherExpensesGrp/FundraisingAmt11200
IRS990/OtherExpensesGrp/ProgramServicesAmt043400
IRS990/OtherExpensesGrp/ProgramServicesAmt11000
IRS990/OtherExpensesGrp/TotalAmt043400
IRS990/OtherExpensesGrp/TotalAmt123588
IRS990/OtherExpensesGrp/TotalAmt21200
IRS990/OtherExpensesGrp/TotalAmt31000
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ADRIENNE CARVER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0115112
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt049986
IRS990/PYRevenuesLessExpensesAmt065126
IRS990/PYTotalExpensesAmt049986
IRS990/PYTotalRevenueAmt0115112
IRS990/ReconcilationRevenueExpnssAmt02371
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt076375
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0115112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0191487
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0191487
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0115112
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0191487
IRS990ScheduleA/TotalSupportAmt0191487
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt065126
IRS990/TotalAssetsEOYAmt067497
IRS990/TotalAssetsGrp/BOYAmt065126
IRS990/TotalAssetsGrp/EOYAmt067497
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt076375
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024788
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0320
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt048896
IRS990/TotalFunctionalExpensesGrp/TotalAmt074004
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt065126
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IRS990/TotalProgramServiceExpensesAmt048896
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt076375
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065126
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt067497
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/USAddress/CityNm0RANDALLSTOWN
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021133
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ADRIENNE CARVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04109529394
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STUDIO A FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0STUD
ReturnHeader/Filer/EIN0861686372
ReturnHeader/Filer/PhoneNum04109529394
ReturnHeader/Filer/USAddress/AddressLine1Txt03442 BRENBROOK DRIVE
ReturnHeader/Filer/USAddress/CityNm0RANDALLSTOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021133
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521547810
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KING KING & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0124 SLADE AVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BALTIMORE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0212084919
ReturnHeader/PreparerPersonGrp/PhoneNum04104864500
ReturnHeader/PreparerPersonGrp/PreparationDt02023-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAMELA KING SMITH CPA
ReturnHeader/ReturnTs02023-06-15T09:44:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ADRIENNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CARVER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$67,497
Liabilities
$0
Net assets
$67,497
Revenue
$76,375
Expenses
$74,004
Net income
$2,371
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.15$0.15$0.46$0.80$0.34
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.74$0.93$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.76$0.74$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.15$0.50$0.65