Form 990-ez, Part I, Line 16 - Other Expenses
“Description: interest. Amount: 3,042. Description: bank charges. Amount: 1,354. Description: licenses and fees. Amount: 1,061. Total to form 990-ez, line 16: 5,457.”
Treasure Coast Enterprise Fund Inc.
990EZ • Fiscal year 2014 • EIN 20-0022609
Siviq Scores
Scores are not available for this record yet.
Balance Sheet
Assets
Down$240,348
Down $23,499 (-8.9%) from 2013
Net Assets
Down$8,723
Down $5,503 (-39%) from 2013
Liabilities
Down$231,625
Down $17,996 (-7.2%) from 2013
Revenue And Expenses
Revenue
Down$3,270
Down $1,030 (-24%) from 2013
Expenses
Up$8,773
Up $136 (+1.6%) from 2013
Net Income
Down-$5,503
Down $1,166 (-27%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2013 to Sep 30, 2014
- Signed
- Mar 26, 2015
- Return Version
- 2013v4.0
- Gross Receipts
- $3,270
Mission and Program Overview
Mission
The organization's primary exempt purpose is to promote social and community welfare and reduce the burdens of local government and governmental agencies in the four counties of the treasure coast region of florida (palm beach, martin, st. Lucie, and indian river) by promoting job growth and the creation of liveable wage jobs in economically disadvantaged communities and other areas within the treasure coast region.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE FIRST PROGRAM SERVICE ACCOMPLISHMENT INCLUDES WORKING WITH COUNTY AND MUNICIPAL GOVERNMENT UNITS AND CIVIC ORGANIZATIONS WITHIN THE TREASURE COAST REGION TO ASSIST WITH THE CREATION AND PROMOTION OF SMALL BUSINESS OPPORTUNITIES BY MAKING LOW COST LOANS TO INDIVIDUAL PROPRIETORS OR SMALL BUSINESS ENTITIES WHO WOULD NOT OTHERWISE BE ABLE TO OBTAIN START UP FUNDS OR WORKING CAPITAL FROM CONVENTIONAL COMMERCIAL SOURCES. IN THIS REGARD, TREASURE COAST ENTERPRISE FUND WILL PROVIDE LOANS UP TO $35,000 TO ELIGIBLE APPLICANTS WITH THE OBJECTIVE OF ASSISTING WITH NEW BUSINESS CREATION, MAINTAINING AND EXPANDING EXISTING BUSINESSES, AND HELPING TO CREATE JOBS THAT PAY A LIVEABLE WAGE; THEREBY ENHANCING ECONOMIC OPPORTUNITY IN UNDERSERVED COMMUNITIES. | $0 | $6,530 |
| THE SECOND PROGRAM SERVICE ACCOMPLISHMENT INCLUDES AN EDUCATIONAL FUNCTION BY PROVIDING TECHNICAL ASSISTANCE IN THE FORM OF TRAINING AND CONSULTING TO EXISTING OR PROSPECTIVE SMALL BUSINESS OWNERS THROUGH A TREASURE COAST ENTERPRISE SPONSORED BUSINESS ASSISTANCE NETWORK. FREE OR LOW COST BUSINESS DEVELOPMENT AND MANAGEMENT COUNSELING AND CONSULTING WILL BE PROVIDED IN THE AREAS OF ACCOUNTING AND RECORD KEEPING, ADVERTISING, PUBLIC RELATIONS, SALES, AND MARKETING. TREASURE COAST ENTERPRISE FUND WILL ALSO OFFER BUSINESS COUNSELING TO INDIVIDUALS WANTING TO START BUSINESSES, ASSISTANCE WITH LOAN APPLICATION AND DOCUMENTATION, AND BUSINESS PLAN PREPARATION. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MICHAEL J BUSHA | Chairperson | - | $0 | - | - |
| PETER MERRITT | Vice Chairperson | - | $0 | - | - |
| GREGORY VADAY | Secretary/Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 20-0022609
- Phone
- 7722214060
Signing Officer
- Name
- Michael J Busha
- Title
- Chairperson
- Phone
- 7722214060
- Signed
- 2015-03-26
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Thomas J Leahy
- Phone
- 7722832356
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 24 - Other Assets
“Description: loans receivable less allowance for doubtful accounts. Beg. Of year amount: 160,942. End of year amount: 120,527.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to state. Beg. Of year amount: 139,521. End of year amount: 131,625. Description: other notes payable. Beg. Of year amount: 110,100. End of year amount: 100,000.”
Raw XML Appendix151 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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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE SOCIAL AND COMMUNITY WELFARE AND REDUCE THE BURDENS OF LOCAL GOVERNMENT AND GOVERNMENTAL AGENCIES IN THE FOUR COUNTIES OF THE TREASURE COAST REGION OF FLORIDA (PALM BEACH, MARTIN, ST. LUCIE, AND INDIAN RIVER) BY PROMOTING JOB GROWTH AND THE CREATION OF LIVEABLE WAGE JOBS IN ECONOMICALLY DISADVANTAGED COMMUNITIES AND OTHER AREAS WITHIN THE TREASURE COAST REGION. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | THE SECOND PROGRAM SERVICE ACCOMPLISHMENT INCLUDES AN EDUCATIONAL FUNCTION BY PROVIDING TECHNICAL ASSISTANCE IN THE FORM OF TRAINING AND CONSULTING TO EXISTING OR PROSPECTIVE SMALL BUSINESS OWNERS THROUGH A TREASURE COAST ENTERPRISE SPONSORED BUSINESS ASSISTANCE NETWORK. FREE OR LOW COST BUSINESS DEVELOPMENT AND MANAGEMENT COUNSELING AND CONSULTING WILL BE PROVIDED IN THE AREAS OF ACCOUNTING AND RECORD KEEPING, ADVERTISING, PUBLIC RELATIONS, SALES, AND MARKETING. TREASURE COAST ENTERPRISE FUND WILL ALSO OFFER BUSINESS COUNSELING TO INDIVIDUALS WANTING TO START BUSINESSES, ASSISTANCE WITH LOAN APPLICATION AND DOCUMENTATION, AND BUSINESS PLAN PREPARATION. |
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| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.06760 |
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| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST. AMOUNT: 3,042. DESCRIPTION: BANK CHARGES. AMOUNT: 1,354. DESCRIPTION: LICENSES AND FEES. AMOUNT: 1,061. TOTAL TO FORM 990-EZ, LINE 16: 5,457. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: LOANS RECEIVABLE LESS ALLOWANCE FOR DOUBTFUL ACCOUNTS. BEG. OF YEAR AMOUNT: 160,942. END OF YEAR AMOUNT: 120,527. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DUE TO STATE. BEG. OF YEAR AMOUNT: 139,521. END OF YEAR AMOUNT: 131,625. DESCRIPTION: OTHER NOTES PAYABLE. BEG. OF YEAR AMOUNT: 110,100. END OF YEAR AMOUNT: 100,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL J BUSHA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRPERSON |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7722214060 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-03-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | TREASURE COAST ENTERPRISE FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TREA |
| ReturnHeader/Filer/EIN | 0 | 200022609 |
| ReturnHeader/Filer/PhoneNum | 0 | 7722214060 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 421 SW CAMDEN AVENUE |
| ReturnHeader/Filer/USAddress/City | 0 | STUART |
| ReturnHeader/Filer/USAddress/State | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 34994 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 591556056 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | PROCTOR CROOK CROWDER & FOGAL PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 33 SW FLAGLER AVENUE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | STUART |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 34994 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7722832356 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | THOMAS J LEAHY |
| ReturnHeader/ReturnTs | 0 | 2015-03-28T10:47:58-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-09-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $240,348
- Liabilities
- $231,625
- Net assets
- $8,723
- Revenue
- $3,270
- Expenses
- $8,773
- Net income
- -$5,503