Civic Intelligence

Secure Benefit Services Inc

990 • Fiscal year 2017 • EIN 02-0616337

Jan 01, 2017 to Dec 31, 2017 • Filed on May 05, 2018

PO Box 60Saint Petersburg, FL 33731

(727) 824-9912

Siviq Scores

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

Liabilities / Assets

91st percentile

1.00x

Higher debt load relative to assets than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

4.62x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

24th percentile

-6.7%

Higher net margin than 24% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

78th percentile

$123,700

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 28.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

22nd percentile

-8.7%

Faster revenue growth than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,030,550

Up $301,601 (+17%) from 2016

Net Assets

Down

$6,547

Down $29,466 (-82%) from 2016

Liabilities

Up

$2,024,003

Up $331,067 (+20%) from 2016

Revenue

Down

$437,876

Down $41,508 (-8.7%) from 2016

Expenses

Up

$467,342

Up $15,227 (+3.4%) from 2016

Net Income

Down

-$29,466

Down $56,735 (-208%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $429,532Liabilities 2010: $427,984Net Assets 2010: $1,5482010Assets 2011: $573,695Liabilities 2011: $565,008Net Assets 2011: $8,6872011Assets 2012: $820,917Liabilities 2012: $817,887Net Assets 2012: $3,0302012Assets 2013: $1,100,224Liabilities 2013: $1,090,790Net Assets 2013: $9,4342013Assets 2014: $1,333,694Liabilities 2014: $1,312,150Net Assets 2014: $21,5442014Assets 2015: $2,443,877Liabilities 2015: $2,435,133Net Assets 2015: $8,7442015Assets 2016: $1,728,949Liabilities 2016: $1,692,936Net Assets 2016: $36,0132016Assets 2017: $2,030,550Liabilities 2017: $2,024,003Net Assets 2017: $6,5472017Assets 2018: $1,817,959Liabilities 2018: $1,779,249Net Assets 2018: $38,7102018Assets 2019: $1,975,936Liabilities 2019: $1,968,800Net Assets 2019: $7,1362019Assets 2020: $3,174,302Liabilities 2020: $3,151,478Net Assets 2020: $22,8242020Assets 2021: $3,124,100Liabilities 2021: $3,117,105Net Assets 2021: $6,9952021Assets 2022: $3,155,548Liabilities 2022: $3,139,096Net Assets 2022: $16,4522022Assets 2023: $2,793,295Liabilities 2023: $2,737,009Net Assets 2023: $56,2862023Assets 2024: $2,146,921Liabilities 2024: $2,105,583Net Assets 2024: $41,3382024Assets 2025: $2,475,845Liabilities 2025: $2,433,502Net Assets 2025: $42,3432025

Highlighted filing

2017

Assets$2,030,550
Liabilities$2,024,003
Net Assets$6,547

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $133,964Expenses 2010: $130,215Net Income 2010: $3,7492010Revenue 2011: $171,323Expenses 2011: $164,184Net Income 2011: $7,1392011Revenue 2012: $173,888Expenses 2012: $179,545Net Income 2012: -$5,6572012Revenue 2013: $273,158Expenses 2013: $266,754Net Income 2013: $6,4042013Revenue 2014: $392,770Expenses 2014: $380,660Net Income 2014: $12,1102014Revenue 2015: $370,043Expenses 2015: $382,843Net Income 2015: -$12,8002015Revenue 2016: $479,384Expenses 2016: $452,115Net Income 2016: $27,2692016Revenue 2017: $437,876Expenses 2017: $467,342Net Income 2017: -$29,4662017Revenue 2018: $525,962Expenses 2018: $493,799Net Income 2018: $32,1632018Revenue 2019: $430,983Expenses 2019: $462,557Net Income 2019: -$31,5742019Revenue 2020: $407,806Expenses 2020: $392,118Net Income 2020: $15,6882020Revenue 2021: $465,106Expenses 2021: $480,935Net Income 2021: -$15,8292021Revenue 2022: $585,739Expenses 2022: $576,282Net Income 2022: $9,4572022Revenue 2023: $612,926Expenses 2023: $573,092Net Income 2023: $39,8342023Revenue 2024: $561,901Expenses 2024: $576,849Net Income 2024: -$14,9482024Revenue 2025: $580,149Expenses 2025: $579,144Net Income 2025: $1,0052025

Highlighted filing

2017

Revenue$437,876
Expenses$467,342
Net Income-$29,466
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 5, 2018
Return Version
2017v2.2
Gross Receipts
$437,876
Mission and Program Overview

Mission

To provide bill paying and cash management services to individuals on social security who are indigent and/or incapacited.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,727,365$2,028,966▲ $301,601
Prepaid Expenses and Deferred Charges$1,584$1,584→ $0
Total Assets$1,728,949$2,030,550▲ $301,601
Liabilities
Escrow Account Liability$1,692,936$2,024,003▲ $331,067
Total Liabilities$1,692,936$2,024,003▲ $331,067
Net Assets / Fund Balance
Unrestricted Net Assets$36,013$6,547▼ $29,466
Total Net Assets Fund Balance$36,013$6,547▼ $29,466
Total Liabilities and Net Assets / Fund Balance$1,728,949$2,030,550▲ $301,601

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,876$2,876
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael HigbeePresident/SecretaryFT$123,700$123,700

Board Members and Trustees

NameTitle
Andrew HigbeeVice President
Paul MontgomeryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$437,876
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-29,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$332,286
Other Expenses$135,056
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$18,260$164,343$0$182,603
Current Officers, Directors, Trustees, and Key Employees$6,185$117,515$0$123,700
Occupancy$57,806$0$0$57,806
All Other Expenses$34,487$2,723$0$37,210
Payroll Taxes$3,574$20,253$0$23,827
Office Expenses$7,792$0$0$7,792
Information Technology$0$5,651$0$5,651
Fees for Services Management$0$4,361$0$4,361
Fees for Services Accounting$0$4,100$0$4,100
Advertising$0$2,182$0$2,182
Insurance$0$1,434$0$1,434
Pension Plan Contributions$0$1,237$0$1,237
Other Employee Benefits$0$919$0$919
Travel$0$859$0$859
Other Expenses$0$100$0$100
Total Functional Expenses$128,104$339,238$0$467,342
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Michelle HigbeeDaughter of PresSalaryNo$31,095
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Secure Benefit Services Inc
EIN
02-0616337
Phone
7278249912
Address
PO Box 60, Saint Petersburg, FL 33731

Signing Officer

Name
Michael Higbee
Title
President
Phone
7278249912
Signed
2018-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Higbee
Formed
2007
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
1
Employees
11
Volunteers
0

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

President and Vice President are brothers.

Pt VI, Line 7A

Michael Higbee is President and can elect other members

Pt VI, Line 7A

of the governing Board.

Pt VI, Line 11B

Form 990 is reviewed by the President of the Board and

Pt VI, Line 11B

the Organization's CPA.

Pt VI, Line 12C

Any conflict of interest issues are enforced if needed

Pt VI, Line 12C

at time of disclosure.

Pt VI, Line 19

Governing documents, conflict of interest policy, and

Pt VI, Line 19

financial statements are available upon request.

Form 990, Part IX, Line 24E

Entertainment 2723. 0. 2723. 0.

Form 990, Part IX, Line 24E

Postage 29133. 29133. 0. 0.

Form 990, Part IX, Line 24E

Telephone 5354. 5354. 0. 0.

Financial Statement Notes

Pt IV, Line 2B

The Organization receives social security checks for

Pt IV, Line 2B

individuals that are incapacitated and/or indigent and

Pt IV, Line 2B

pays their living expenses.

Raw XML Appendix385 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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt031095
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Salary
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0President and Vice President are brothers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Michael Higbee is President and can elect other members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2of the governing Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is reviewed by the President of the Board and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4the Organization's CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Any conflict of interest issues are enforced if needed
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6at time of disclosure.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Governing documents, conflict of interest policy, and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Entertainment 2723. 0. 2723. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Postage 29133. 29133. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Telephone 5354. 5354. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01728949
IRS990/TotalAssetsEOYAmt02030550
IRS990/TotalAssetsGrp/BOYAmt01728949
IRS990/TotalAssetsGrp/EOYAmt02030550
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt011
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0339238
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128104
IRS990/TotalFunctionalExpensesGrp/TotalAmt0467342
IRS990/TotalGrossUBIAmt00
IRS990/TotalJointCostsGrp/FundraisingAmt00
IRS990/TotalJointCostsGrp/ManagementAndGeneralAmt00
IRS990/TotalJointCostsGrp/ProgramServicesAmt00
IRS990/TotalJointCostsGrp/TotalAmt00
IRS990/TotalLiabilitiesBOYAmt01692936
IRS990/TotalLiabilitiesEOYAmt02024003
IRS990/TotalLiabilitiesGrp/BOYAmt01692936
IRS990/TotalLiabilitiesGrp/EOYAmt02024003
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt036013
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06547
IRS990/TotalProgramServiceExpensesAmt0128104
IRS990/TotalProgramServiceRevenueAmt0437876
IRS990/TotalReportableCompFromOrgAmt0123700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0437876
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0437876
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01728949
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02030550
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0859
IRS990/TravelGrp/ProgramServicesAmt00
IRS990/TravelGrp/TotalAmt0859
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt036013
IRS990/UnrestrictedNetAssetsGrp/EOYAmt06547
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 60
IRS990/USAddress/CityNm0St Petersburg
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033731
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0www.securebenefitservices.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL HIGBEE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07278249912
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Secure Benefit Services Inc
ReturnHeader/Filer/BusinessNameControlTxt0SECU
ReturnHeader/Filer/EIN0020616337
ReturnHeader/Filer/PhoneNum07278249912
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 60
ReturnHeader/Filer/USAddress/CityNm0Saint Petersburg
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033731
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId061A3E5492C278DD356D4202897EBFB2D2333ED0C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId061A3E5492C278DD356D4202897EBFB2D2333ED0C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.144.31.186
ReturnHeader/FilingSecurityInformation/IPDt02018-08-17
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:24:29
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ellen Fontana CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Mcmullen Booth Road 309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearwater
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033759
ReturnHeader/PreparerPersonGrp/PhoneNum07274310354
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELLEN FONTANA
ReturnHeader/ReturnTs02018-08-17T08:24:33-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.48$2.43$0.04$0.58$0.58$0.00
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$2.11$0.04$0.56$0.58$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.79$2.74$0.06$0.61$0.57$0.04
2022Detailed filing. Detailed filing data is available for this year.$3.16$3.14$0.02$0.59$0.58$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.12$3.12$0.01$0.47$0.48$0.02
2020Detailed filing. Detailed filing data is available for this year.$3.17$3.15$0.02$0.41$0.39$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.98$1.97$0.01$0.43$0.46$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.82$1.78$0.04$0.53$0.49$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.03$2.02$0.01$0.44$0.47$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.73$1.69$0.04$0.48$0.45$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.44$2.44$0.01$0.37$0.38$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.33$1.31$0.02$0.39$0.38$0.01
2013Summary only. Only limited summary data is available for this year.$1.10$1.09$0.01$0.27$0.27$0.01
2012Summary only. Only limited summary data is available for this year.$0.82$0.82$0.00$0.17$0.18$0.01
2011Summary only. Only limited summary data is available for this year.$0.57$0.57$0.01$0.17$0.16$0.01
2010Summary only. Only limited summary data is available for this year.$0.43$0.43$0.00$0.13$0.13$0.00