Crescent Cities Charities INC FY2021 filing

Tax-deductible

Oxon Hill, MD501(c)(3)Human ServicesEIN 52-1815486

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To provide educational assistance to promising students with financial need and to provide grants and programs to worthy Charities and community organizations in the dmv region.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$68K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $709K a year · 125% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$68K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$8K
0.07% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$850K
×73 vs prior year
Spent
$1.4M
To programs
89%
Net assets
$11.1M
By yearFY2020–FY2024
Revenue
$850K
FY2021▲ ×73
Revenue by fiscal year
FY2020−$12K
FY2021$850K
FY2022$680K
FY2023$290K
FY2024$1.0M
Expenses
$1.4M
FY2021▲ +49%
Expenses by fiscal year
FY2020$905K
FY2021$1.4M
FY2022$1.4M
FY2023$1.2M
FY2024$1.5M
Net assets
$11.1M
FY2021▲ +4%
Net assets by fiscal year
FY2020$10.7M
FY2021$11.1M
FY2022$8.4M
FY2023$8.6M
FY2024$8.6M

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1993.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.2M Management & general 11% · $142K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $68K paid to officers and key staff.

Part VII, Section A · reportable compensation
$43,000Pt VII · Sec A
$12,720Pt VII · Sec A
President
$3,000Pt VII · Sec A
Vice-President
$3,000Pt VII · Sec A
Chairman
$3,000Pt VII · Sec A
Vice-Chairman
$3,000Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Paul Baiers JR$64,550$63,600$43,000$3,000
Richard Lawson$12,700$16,560$12,720$3,000
Steven Novak$4,550$3,600$3,000$3,000
Robert Poe$4,550$3,600$3,000$3,000
Joseph Harris$4,550$3,600$3,000$3,000
Wilbert Lewis——$3,000$3,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Crescent Cities Charities INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps needy students with education and funds worthy local charities.

Provided by the organization

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3 programs · $1.2M · in their own filed words · FY2021
01

The charities provides grants to qualified charities in the greater washington metropolitan area who address health, welfare, historic, environmental, social, youth, elderly, and other needs for the community.

$789Kprogram expense
02

The charities awards scholarships to enhance the lives of students from the greater washington metropolitan area who want to achieve educational success. Each student who receives a scholarship must demonstrate financial need, scholastic ability and leadership qualities.

$319Kprogram expense
03

The charities offers other programs to support the community.

$101Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 118 grants · $3.2M · 2020–2024
Grants and ContributionsFY2024$667,787
Expenditure-ResponsibilityFY2024$218,000
Unitemized GrantFY2023$237,500
The Jp Home INCMD · FY2023$21,000
Shenandoah UniversityVA · FY2023$16,000
Miracle 4 MelanieMD · FY2023$14,500
Cloverleaf Equine CenterVA · FY2023$13,500
Belle Grove INCVA · FY2023$13,000
The Lincoln Theatre INCVA · FY2023$11,000
Shenandoah Valley Music Festival INCFY2023$11,000
Phillips ProgramsVA · FY2023$11,000
Yellow Ribbon Fund INCMD · FY2023$10,500
See all 118 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$850K
Ln 12
Investment incomeLn 3$662K
Other incomeLn 4–11$188K
Money outPt IX
$1.4M
Ln 25
Programscol B$1.2M
Managementcol C$142K
Owns and owesPt X
$11.1M
net assets · Ln 32
Cash and savingsLn 1–2$600K
Total assetsLn 16$11.1M
LiabilitiesLn 26$8K
PeoplePt VI, VII
6
listed · VII A
PaidVII A6
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$662K
Other incomeLn 4–11$188K
Gains on assetsLn 7$394K
Total revenueLn 12$850K
Assets in detailPt X, end of year
CashLn 1$600K
Cash and savings togetherLn 1–2$600K
InvestmentsLn 11–13$9.0M
Land, buildings, equipmentLn 10c$12K
Other assetsLn 15$5K
Total assetsLn 16$11.1M
LiabilitiesLn 26$8K
Net assetsLn 32$11.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$404K$600K
InvestmentsLn 11–13$9.3M$9.0M
Land, buildings, equipmentLn 10c$15K$12K
Total assetsLn 16$10.7M$11.1M
LiabilitiesLn 26$6K$8K
Net assetsLn 32$10.7M$11.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$749K$749K
Grants to domestic individualsLn 2$295K$295K
Pay of current officers, directors and key staffLn 5$15K$15K
Management feesLn 11a$25K$25K
Legal feesLn 11b$10K$10K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$200$200
Office expensesLn 13$4K$4K
Information technologyLn 14$38K$38K
TravelLn 17$13K$12K$2K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$162K$113K$49K
All other expensesLn 24e$21K$2K$19K
Total functional expensesLn 25$1.4M$1.2M$142K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.0M$1.5M−$504K$8.6M 990 PDF
FY2023 $290K$1.2M−$884K$8.6M 990 PDF
FY2022 $680K$1.4M−$737K$8.4M 990 PDF
FY2021 Viewing $850K$1.4M−$501K$11.1M 990 PDF
FY2020 −$12K$905K−$917K$10.7M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $849,577 across 3 lines filed
Lines not itemized here account for $187,883 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $267,531$267,531
VIII-7 Net gain or loss on sales of assetsExcluded from tax $394,163$394,163
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $849,577$849,577
Part IX · Statement of functional expenses $1,350,844 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $748,969$748,969
IX-2 Grants to domestic individualsPrograms $295,000$295,000
IX-5 Pay of current officers, directors and key staffManagement $15,000$15,000
IX-11a Management feesManagement $24,963$24,963
IX-11b Legal feesManagement $9,720$9,720
IX-11c Accounting feesManagement $10,282$10,282
IX-11g Other fees for servicesManagement $200$200
IX-13 Office expensesManagement $4,008$4,008
IX-14 Information technologyPrograms $38,080$38,080
IX-17 TravelPrograms $11,603 · Management $1,784$13,387
IX-23 InsuranceManagement $7,978$7,978
IX-24 Other expenses (24a–d)Programs $113,122 · Management $49,343$162,465
IX-24e All other expensesPrograms $1,892 · Management $18,900$20,792
IX-25 Total functional expensesPrograms $1,208,666 · Management $142,178 · Fundraising $0$1,350,844
Part X · Balance sheet $11,113,628 assets, 10 lines filed
Asset lines not itemized here account for $1,500,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $403,672$599,942
X-10c Land, buildings and equipment, netStart of year $15,000$12,000
X-11 Publicly traded securitiesStart of year $9,292,637$8,996,786
X-15 Other assetsStart of year $24,842$4,900
X-16 Total assetsStart of year $10,736,151$11,113,628
X-17 Accounts payable and accrued expensesStart of year $6,373$7,882
X-26 Total liabilitiesStart of year $6,373$7,882
X-27 Net assets without donor restrictionsStart of year $10,729,778$11,105,746
X-32 Total net assets or fund balancesStart of year $10,729,778$11,105,746
X-33 Total liabilities and net assetsStart of year $10,736,151$11,113,628
Part XI · Reconciliation of net assets $11,105,746 net assets at year end
XI-1 Total revenue$849,577
XI-2 Total expenses$1,350,844
XI-3 Revenue less expenses−$501,267
XI-4 Net assets at start of year$10,729,778
XI-5 Net unrealized gains (losses) on investments$877,235
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,105,746

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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