Civic Intelligence

Florida Masonry Apprentice and Educational Foundation Inc

990 • Fiscal year 2018 • EIN 04-3712355

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 18, 2019

6353 Lee Vista BlvdOrlando, FL 32822

(407) 895-9333

Siviq Scores

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

Liabilities / Assets

78th percentile

0.31x

Higher debt load relative to assets than 78% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

70th percentile

0.13x

Higher debt load relative to revenue than 70% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

95th percentile

131%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-2.4%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$255,675

Up $144,766 (+131%) from 2017

Net Assets

Up

$176,278

Up $73,811 (+72%) from 2017

Liabilities

Up

$79,397

Up $70,955 (+840%) from 2017

Revenue

Down

$604,395

Down $14,687 (-2.4%) from 2017

Expenses

Up

$530,584

Up $8,189 (+1.6%) from 2017

Net Income

Down

$73,811

Down $22,876 (-24%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $195,116Liabilities 2010: $10,820Net Assets 2010: $184,2962010Assets 2011: $143,073Liabilities 2011: $2,512Net Assets 2011: $140,5612011Assets 2012: $139,326Liabilities 2012: $68,836Net Assets 2012: $70,4902012Assets 2013: $116,518Liabilities 2013: $71,801Net Assets 2013: $44,7172013Assets 2014: $179,135Liabilities 2014: $95,136Net Assets 2014: $83,9992014Assets 2015: $64,386Liabilities 2015: $60,068Net Assets 2015: $4,3182015Assets 2016: $96,161Liabilities 2016: $90,381Net Assets 2016: $5,7802016Assets 2017: $110,909Liabilities 2017: $8,442Net Assets 2017: $102,4672017Assets 2018: $255,675Liabilities 2018: $79,397Net Assets 2018: $176,2782018Assets 2019: $308,691Liabilities 2019: $81,608Net Assets 2019: $227,0832019Assets 2020: $323,142Liabilities 2020: $58,240Net Assets 2020: $264,9022020Assets 2021: $272,218Liabilities 2021: $75,235Net Assets 2021: $196,9832021Assets 2022: $367,375Liabilities 2022: $103,281Net Assets 2022: $264,0942022Assets 2023: $498,770Liabilities 2023: $259,023Net Assets 2023: $239,7472023Assets 2024: $580,027Liabilities 2024: $212,787Net Assets 2024: $367,2402024

Highlighted filing

2018

Assets$255,675
Liabilities$79,397
Net Assets$176,278

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $499,135Expenses 2010: $438,817Net Income 2010: $60,3182010Revenue 2011: $373,595Expenses 2011: $417,329Net Income 2011: -$43,7342011Revenue 2012: $308,260Expenses 2012: $319,830Net Income 2012: -$11,5702012Revenue 2013: $422,257Expenses 2013: $448,030Net Income 2013: -$25,7732013Revenue 2014: $457,829Expenses 2014: $418,546Net Income 2014: $39,2832014Revenue 2015: $385,046Expenses 2015: $464,727Net Income 2015: -$79,6812015Revenue 2016: $421,445Expenses 2016: $419,983Net Income 2016: $1,4622016Revenue 2017: $619,082Expenses 2017: $522,395Net Income 2017: $96,6872017Revenue 2018: $604,395Expenses 2018: $530,584Net Income 2018: $73,8112018Revenue 2019: $611,667Expenses 2019: $560,862Net Income 2019: $50,8052019Revenue 2020: $542,799Expenses 2020: $504,980Net Income 2020: $37,8192020Revenue 2021: $408,599Expenses 2021: $476,518Net Income 2021: -$67,9192021Revenue 2022: $675,609Expenses 2022: $608,498Net Income 2022: $67,1112022Revenue 2023: $1,149,816Expenses 2023: $1,174,163Net Income 2023: -$24,3472023Revenue 2024: $1,103,660Expenses 2024: $996,187Net Income 2024: $107,4732024

Highlighted filing

2018

Revenue$604,395
Expenses$530,584
Net Income$73,811
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 18, 2019
Return Version
2018v3.1
Gross Receipts
$604,395
Mission and Program Overview

Mission

To coordinate and provide education of the masonry trade.

To coordinate and develop education programs of the masonry trade

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$52,267$205,411▲ $153,144
Cap Stk Tr Prin Current Funds$140,561$140,561→ $0
Accounts Receivable$57,472$48,067▼ $9,405
Rtn Earn Endowment Incm Other Fnds$-38,094$35,717▲ $73,811
Prepaid Expenses and Deferred Charges$1,170$1,919▲ $749
Land, Buildings, and Equipment, Net$0$278▲ $278
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$110,909$255,675▲ $144,766
Liabilities
Deferred Revenue$1,008$52,915▲ $51,907
Other Liabilities$0$15,268▲ $15,268
Accounts Payable and Accrued Expenses$7,434$11,214▲ $3,780
Total Liabilities$8,442$79,397▲ $70,955
Net Assets / Fund Balance
Total Net Assets Fund Balance$102,467$176,278▲ $73,811
Total Liabilities and Net Assets / Fund Balance$110,909$255,675▲ $144,766

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$278$21,382$21,660
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rocky S JenkinsChairman
Robert CarltonPast Chair
Brian KendallDirector
Danielle LarsonDirector
David CernigliaDirector
David NelsonDirector
Jerry PainterDirector
Jim McdanielDirector
Lisa PelhamDirector
Mike CarlsonDirector
Steve BishopDirector
Tom SouthardDirector
Brad KibbeExecutive Director
Justin LordSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$404,750
Program Service Revenue
$198,472
Investment Income
$323
Other Revenue
$850
All Other Contributions
$404,750
Change in Net Assets
$73,811
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$312,255
Other Expenses$218,329
Total Fundraising Expense$52,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$203,674$40,734$27,157$271,565
Travel$69,915$8,739$8,739$87,393
Fees for Services Management$27,375$24,333$9,125$60,833
Payroll Taxes$30,517$6,104$4,069$40,690
Office Expenses$14,965$2,993$1,995$19,953
Conferences and Meetings-$6,721-$6,721
Occupancy$4,125$825$550$5,500
Advertising$2,569-$285$2,854
Insurance$1,357$271$181$1,809
Other Expenses$1,305$3,447-$1,305
Depreciation Depletion$97$19$13$129
Total Functional Expenses$384,284$94,186$52,114$530,584
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$850
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$15,268
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Conflict-of-interest policy
Yes
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

Many board members are in the masonry trade and as such they have business dealings with each other at arm's length in the normal course of their business.

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

A draft of the form 990 is reviewed by the board of directors at the quarterly meeting prior to filing.

Form 990, Part VI, Section B, Line 15B

The compensation committee negotiates the annual contract with the leasing company for its leased employees, and with the management company for the services of the executive director.

Form 990, Part VI, Section C, Line 19

The tax return and organizational documents are available for inspection at the principal office of the foundation by appointment.

Filing and Contact Details

Filer

Filer Name
Florida Masonry Apprentice and
EIN
04-3712355
Phone
4078959333
Address
6353 LEE VISTA BLVD, ORLANDO, FL 32822

Signing Officer

Name
Brad Kibbe
Title
Executive Director
Phone
4078959333
Signed
2019-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brad Kibbe
Formed
2002
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
0

Preparer

Firm
Mcdirmit Davis and Company LLC
Address
934 N MAGNOLIA AVE, ORLANDO, FL 32803
Preparer
Maria Novotny CPA
Phone
4078435406
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0271565
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt04069
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06104
IRS990/PayrollTaxesGrp/ProgramServicesAmt030517
IRS990/PayrollTaxesGrp/TotalAmt040690
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01170
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01919
IRS990/PrincipalOfficerNm0BRAD KIBBE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1TRAINING SEMINARS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0175521
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt122871
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0175521
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt122871
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0432645
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt019
IRS990/PYOtherExpensesAmt0199847
IRS990/PYOtherRevenueAmt0300
IRS990/PYProgramServiceRevenueAmt0186118
IRS990/PYRevenuesLessExpensesAmt096687
IRS990/PYSalariesCompEmpBnftPaidAmt0322548
IRS990/PYTotalExpensesAmt0522395
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0619082
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt073811
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0198472
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-38094
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt035717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0404750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0432645
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0257686
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt091856
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0133702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01320639
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0323
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0365
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99990
IRS990ScheduleA/PublicSupportTotal170Amt01320639
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0404750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0432645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0257686
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt091856
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0133702
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01320639
IRS990ScheduleA/TotalSupportAmt01321004
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0278
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021382
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021660
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015268
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0278
IRS990ScheduleD/TotalLiabilityAmt015268
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANY BOARD MEMBERS ARE IN THE MASONRY TRADE AND AS SUCH THEY HAVE BUSINESS DEALINGS WITH EACH OTHER AT ARM'S LENGTH IN THE NORMAL COURSE OF THEIR BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THE QUARTERLY MEETING PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION COMMITTEE NEGOTIATES THE ANNUAL CONTRACT WITH THE LEASING COMPANY FOR ITS LEASED EMPLOYEES, AND WITH THE MANAGEMENT COMPANY FOR THE SERVICES OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN AND ORGANIZATIONAL DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE PRINCIPAL OFFICE OF THE FOUNDATION BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0110909
IRS990/TotalAssetsEOYAmt0255675
IRS990/TotalAssetsGrp/BOYAmt0110909
IRS990/TotalAssetsGrp/EOYAmt0255675
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0404750
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt052114
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt094186
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0384284
IRS990/TotalFunctionalExpensesGrp/TotalAmt0530584
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08442
IRS990/TotalLiabilitiesEOYAmt079397
IRS990/TotalLiabilitiesGrp/BOYAmt08442
IRS990/TotalLiabilitiesGrp/EOYAmt079397
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0102467
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0176278
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt080
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt080
IRS990/TotalProgramServiceExpensesAmt0384284
IRS990/TotalProgramServiceRevenueAmt0198472
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01173
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0198472
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0604395
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0110909
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0255675
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt08739
IRS990/TravelGrp/ManagementAndGeneralAmt08739
IRS990/TravelGrp/ProgramServicesAmt069915
IRS990/TravelGrp/TotalAmt087393
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.21$0.37$1.10$1.00$0.11
2023Detailed filing. Detailed filing data is available for this year.$0.50$0.26$0.24$1.15$1.17$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.37$0.10$0.26$0.68$0.61$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.27$0.08$0.20$0.41$0.48$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$0.54$0.50$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.31$0.08$0.23$0.61$0.56$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.08$0.18$0.60$0.53$0.07
2017Summary only. Only limited summary data is available for this year.$0.11$0.01$0.10$0.62$0.52$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.09$0.01$0.42$0.42$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.06$0.06$0.00$0.39$0.46$0.08
2014Summary only. Only limited summary data is available for this year.$0.18$0.10$0.08$0.46$0.42$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.12$0.07$0.04$0.42$0.45$0.03
2012Summary only. Only limited summary data is available for this year.$0.14$0.07$0.07$0.31$0.32$0.01
2011Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.37$0.42$0.04
2010Summary only. Only limited summary data is available for this year.$0.20$0.01$0.18$0.50$0.44$0.06