Civic Intelligence

Eagle Bank Foundation

990 • Fiscal year 2016 • EIN 92-0195178

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

12505 Park Potomac Avenue 6th FloorPotomac, MD 20854

(301) 230-5202

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

84th percentile

29%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

78th percentile

31%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$317,502

Up $74,250 (+31%) from 2015

Net Assets

Up

$317,502

Up $74,250 (+31%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$256,814

Up $24,157 (+10%) from 2015

Expenses

Down

$182,564

Down $756 (-0.4%) from 2015

Net Income

Up

$74,250

Up $24,913 (+50%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $72,811Liabilities 2010: $0Net Assets 2010: $72,8112010Assets 2011: $121,800Liabilities 2011: $0Net Assets 2011: $121,8002011Assets 2012: $116,915Liabilities 2012: $0Net Assets 2012: $116,9152012Assets 2013: $125,266Liabilities 2013: $0Net Assets 2013: $125,2662013Assets 2014: $193,915Liabilities 2014: $0Net Assets 2014: $193,9152014Assets 2015: $243,252Liabilities 2015: $0Net Assets 2015: $243,2522015Assets 2016: $317,502Liabilities 2016: $0Net Assets 2016: $317,5022016Assets 2017: $149,971Liabilities 2017: $0Net Assets 2017: $149,9712017Assets 2018: $204,147Liabilities 2018: $0Net Assets 2018: $204,1472018Assets 2019: $248,787Liabilities 2019: $0Net Assets 2019: $248,7872019Assets 2020: $76,398Liabilities 2020: $0Net Assets 2020: $76,3982020Assets 2021: $114,246Liabilities 2021: $2,000Net Assets 2021: $112,2462021Assets 2022: $85,386Liabilities 2022: $0Net Assets 2022: $85,3862022Assets 2023: $15,672Liabilities 2023: $0Net Assets 2023: $15,6722023Assets 2024: $30,959Liabilities 2024: $0Net Assets 2024: $30,9592024

Highlighted filing

2016

Assets$317,502
Liabilities$0
Net Assets$317,502

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $307,6082010Expenses 2011: $232,8892011Expenses 2012: $135,5732012Revenue 2013: $163,212Expenses 2013: $154,861Net Income 2013: $8,3512013Revenue 2014: $231,376Expenses 2014: $162,727Net Income 2014: $68,6492014Revenue 2015: $232,657Expenses 2015: $183,320Net Income 2015: $49,3372015Revenue 2016: $256,814Expenses 2016: $182,564Net Income 2016: $74,2502016Revenue 2017: $254,598Expenses 2017: $428,529Net Income 2017: -$173,9312017Revenue 2018: $264,566Expenses 2018: $210,390Net Income 2018: $54,1762018Revenue 2019: $252,252Expenses 2019: $207,612Net Income 2019: $44,6402019Revenue 2020: $139,587Expenses 2020: $311,976Net Income 2020: -$172,3892020Revenue 2021: $286,087Expenses 2021: $250,239Net Income 2021: $35,8482021Revenue 2022: $314,427Expenses 2022: $341,287Net Income 2022: -$26,8602022Revenue 2023: $291,425Expenses 2023: $361,139Net Income 2023: -$69,7142023Revenue 2024: $319,672Expenses 2024: $304,385Net Income 2024: $15,2872024

Highlighted filing

2016

Revenue$256,814
Expenses$182,564
Net Income$74,250
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$402,731
Mission and Program Overview

Mission

The foundation's mission is to fund research programs at local hospitals and cancer research organizations

To fund research programs at local hospitals and cancer research organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$243,252$317,502▲ $74,250
Total Assets$243,252$317,502▲ $74,250
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$243,252$317,502▲ $74,250
Total Net Assets Fund Balance$243,252$317,502▲ $74,250
Total Liabilities and Net Assets / Fund Balance$243,252$317,502▲ $74,250
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald RogersChairman
Andrew BridgeVice President
Monique BucklesBoard Director
Ronald D PaulBoard Director
Tom MurphyBoard Director
Sindy RogersSecretary
Sharon GubinskyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$263,213
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-6,399
Change in Net Assets
$74,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$175,000
Other Expenses$7,564
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$175,000--$175,000
Office Expenses-$4,537-$4,537
Insurance-$2,147-$2,147
Other Expenses-$250-$250
Total Functional Expenses$175,000$7,564$0$182,564
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Providence Health FoundationWashington, DC501(c)(3)General Fund- Fight Against Breast Cancer$25,000
Shady Grove Adventist Hospital FoundationRockville, MD501(c)(3)General Fund- Fight Against Breast Cancer$25,000
Suburban Hospital FoundationBethesda, MD501(c)(3)General Fund- Fight Against Breast Cancer$25,000
THE CHILDREN'S INN AT NIHBethesda, MD501(c)(3)General Fund- Fight Against Breast Cancer$25,000
Washington Hospital Center FoundationWashington, DC501(c)(3)General Fund- Fight Against Breast Cancer$25,000
LOLLY'S LOCKSPotomac, MD501(c)(3)Connecting Cancer Patients in Need With High Quality Wigs$15,000
Primary Care Coalition of Montgomery CountySilver Spring, MD501(c)(3)General Fund- Fight Against Breast Cancer$10,000
Virginia Hospital Center FoundationArlington, VA501(c)(3)General Fund- Fight Against Breast Cancer$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$145,917
Fundraising Gross Income$139,518
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fight Breast Cancer Golf Classic$402,731$139,518-$139,518
Total Events$402,731$139,518$145,917$-6,399
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
Yes
Audit committee
No
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
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, Part VI, Section A, Line 2

Chairman, donald rogers, and secretary, sindy rogers, have a family relationship.

Form 990, Part VI, Section A, Line 8B

The foundation does not have formal committees.

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

The draft federal form 990 is shared with the board of directors to answer questions related to the form to ensure that the statements capture the reality of the organization before filing with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Eaglebank Foundation Inc
EIN
92-0195178
Phone
3012305202
Address
12505 PARK POTOMAC AVENUE 6TH FLOOR, POTOMAC, MD 20854

Signing Officer

Name
Donald Rogers
Title
Chairman
Phone
3012305202
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Rogers
Formed
2006
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Raffa Pc
Address
1899 L STREET NW SUITE 850, WASHINGTON, DC 20036
Preparer
Frank H Smith
Phone
2028225000
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4GENERAL FUND- FIGHT AGAINST BREAST CANCER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5CONNECTING CANCER PATIENTS IN NEED WITH HIGH QUALITY WIGS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6GENERAL FUND- FIGHT AGAINST BREAST CANCER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7GENERAL FUND- FIGHT AGAINST BREAST CANCER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SHADY GROVE ADVENTIST HOSPITAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PROVIDENCE HEALTH FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SUBURBAN HOSPITAL FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3WASHINGTON HOSPITAL CENTER FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4THE CHILDREN'S INN AT NIH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5LOLLY'S LOCKS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6PRIMARY CARE COALITION OF MONTGOMERY COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7VIRGINIA HOSPITAL CENTER FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0521216429
IRS990ScheduleI/RecipientTable/RecipientEIN1521275583
IRS990ScheduleI/RecipientTable/RecipientEIN2522019696
IRS990ScheduleI/RecipientTable/RecipientEIN3521272129
IRS990ScheduleI/RecipientTable/RecipientEIN4521638207
IRS990ScheduleI/RecipientTable/RecipientEIN5461029930
IRS990ScheduleI/RecipientTable/RecipientEIN6521847976
IRS990ScheduleI/RecipientTable/RecipientEIN7204129901
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01801 RESEARCH FOUNDATION SUITE 1000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11150 VARNUM STREET NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt28600 OLD GEORGETOWN ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3110 IRVING STREET NW EAST BUILDING
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt47 WEST DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt512505 PARK POTOMAC AVENUE 6TH FL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt68757 GEORGIA AVENUE 10TH FLOOR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71701 N GEORGE MASON DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt01000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt1SUITE 1001
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ROCKVILLE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm2BETHESDA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3WASHINGTON
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BETHESDA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5POTOMAC
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SILVER SPRING
IRS990ScheduleI/RecipientTable/USAddress/CityNm7ARLINGTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3DC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020850
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd120027
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd220814
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd320010
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd420814
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd520854
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd620910
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd722205
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE DONATED FUNDS GO INTO THE GENERAL ACCOUNTS FOR THE CANCER UNIT AT EACH HOSPITAL/ORGANIZATION. THE FOUNDATION HAS NOT CLOSELY MONITORED THE FUNDS BECAUSE THE FOUNDATION TRUSTS THE HOSPITALS/ORGANIZATIONS THAT IT CONTRIBUTES TO WILL MANAGE AND USE THE FUNDS PROPERLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt08
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHAIRMAN, DONALD ROGERS, AND SECRETARY, SINDY ROGERS, HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION DOES NOT HAVE FORMAL COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DRAFT FEDERAL FORM 990 IS SHARED WITH THE BOARD OF DIRECTORS TO ANSWER QUESTIONS RELATED TO THE FORM TO ENSURE THAT THE STATEMENTS CAPTURE THE REALITY OF THE ORGANIZATION BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0243252
IRS990/TotalAssetsEOYAmt0317502
IRS990/TotalAssetsGrp/BOYAmt0243252
IRS990/TotalAssetsGrp/EOYAmt0317502
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0263213
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07564
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0175000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182564
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0243252
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0317502
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0175000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-6399
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0256814
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0243252
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0317502
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0243252
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0317502
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt012505 PARK POTOMAC AVENUE 6TH FLOOR
IRS990/USAddress/CityNm0POTOMAC
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020854
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.EAGLEBANKFOUNDATION.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD ROGERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03012305202
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EAGLEBANK FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0EAGL
ReturnHeader/Filer/EIN0920195178

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.00$0.31$3.20$3.04$0.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.00$0.16$2.91$3.61$0.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$3.14$3.41$0.27
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.02$1.12$2.86$2.50$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$1.40$3.12$1.72
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.00$2.49$2.52$2.08$0.45
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$2.65$2.10$0.54
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$2.55$4.29$1.74
2016Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$2.57$1.83$0.74
2015Detailed filing. Detailed filing data is available for this year.$2.43$0.00$2.43$2.33$1.83$0.49
2014Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$2.31$1.63$0.69
2013Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.63$1.55$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.00$1.17$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$2.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.00$0.73$3.08