Civic Intelligence

Polk Vision Inc.

990 • Fiscal year 2014 • EIN 20-0141870

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 27, 2015

PO Box 1506Highland City, FL 33846

(863) 646-0439

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.01x

Higher debt load relative to assets than 63% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

91st percentile

46%

Higher net margin than 91% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

97th percentile

$83,188

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 24.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

90th percentile

95%

Faster asset growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

94th percentile

127%

Faster revenue growth than 94% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$326,596

Up $159,134 (+95%) from 2013

Net Assets

Up

$322,496

Up $160,320 (+99%) from 2013

Liabilities

Down

$4,100

Down $1,186 (-22%) from 2013

Revenue

Up

$346,145

Up $193,458 (+127%) from 2013

Expenses

Up

$185,825

Up $20,502 (+12%) from 2013

Net Income

Up

$160,320

Up $172,956 (+1369%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $222,067Liabilities 2010: $3,413Net Assets 2010: $218,6542010Assets 2011: $187,500Liabilities 2011: $3,270Net Assets 2011: $184,2302011Assets 2012: $177,584Liabilities 2012: $2,772Net Assets 2012: $174,8122012Assets 2013: $167,462Liabilities 2013: $5,286Net Assets 2013: $162,1762013Assets 2014: $326,596Liabilities 2014: $4,100Net Assets 2014: $322,4962014Assets 2015: $413,504Liabilities 2015: $4,047Net Assets 2015: $409,4572015Assets 2016: $471,862Liabilities 2016: $4,983Net Assets 2016: $466,8792016Assets 2017: $469,104Liabilities 2017: $20,749Net Assets 2017: $448,3552017Assets 2018: $534,866Liabilities 2018: $1,452Net Assets 2018: $533,4142018Assets 2019: $507,963Liabilities 2019: $2,545Net Assets 2019: $505,4182019Assets 2020: $592,035Liabilities 2020: $327Net Assets 2020: $591,7082020Assets 2021: $702,729Liabilities 2021: $5,180Net Assets 2021: $697,5492021Assets 2022: $745,070Liabilities 2022: $749Net Assets 2022: $744,3212022Assets 2023: $724,807Liabilities 2023: $0Net Assets 2023: $724,8072023Assets 2024: $763,747Liabilities 2024: $304,010Net Assets 2024: $459,7372024

Highlighted filing

2014

Assets$326,596
Liabilities$4,100
Net Assets$322,496

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $165,368Expenses 2010: $186,728Net Income 2010: -$21,3602010Revenue 2011: $133,155Expenses 2011: $167,579Net Income 2011: -$34,4242011Revenue 2012: $163,391Expenses 2012: $172,809Net Income 2012: -$9,4182012Revenue 2013: $152,687Expenses 2013: $165,323Net Income 2013: -$12,6362013Revenue 2014: $346,145Expenses 2014: $185,825Net Income 2014: $160,3202014Revenue 2015: $344,551Expenses 2015: $251,646Net Income 2015: $92,9052015Revenue 2016: $362,610Expenses 2016: $305,188Net Income 2016: $57,4222016Revenue 2017: $362,840Expenses 2017: $381,364Net Income 2017: -$18,5242017Revenue 2018: $438,378Expenses 2018: $353,319Net Income 2018: $85,0592018Revenue 2019: $385,493Expenses 2019: $413,489Net Income 2019: -$27,9962019Revenue 2020: $401,342Expenses 2020: $315,052Net Income 2020: $86,2902020Revenue 2021: $511,251Expenses 2021: $405,410Net Income 2021: $105,8412021Revenue 2022: $468,304Expenses 2022: $421,532Net Income 2022: $46,7722022Revenue 2023: $401,586Expenses 2023: $421,100Net Income 2023: -$19,5142023Revenue 2024: $506,806Expenses 2024: $524,406Net Income 2024: -$17,6002024

Highlighted filing

2014

Revenue$346,145
Expenses$185,825
Net Income$160,320
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 27, 2015
Return Version
2014v5.0
Gross Receipts
$346,175
Mission and Program Overview

Mission

To develop plans to improve the quality of life, education and economic development of polk county, florida. To assist, in a charitable manner consistent with the irc section 501(c)(3), in chartering the course of polk county's future.

Polk vision is working to make polk county a premiere place to live, learn, work and play.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$141,523$310,429▲ $168,906
Cash and Non-Interest-Bearing Accounts$25,705$14,382▼ $11,323
Land, Buildings, and Equipment, Net$127$1,114▲ $987
Accounts Receivable$0$301▲ $301
Total Assets$167,462$326,596▲ $159,134
Other Assets Total$107$370▲ $263
Liabilities
Accounts Payable and Accrued Expenses$5,286$4,100▼ $1,186
Total Liabilities$5,286$4,100▼ $1,186
Net Assets / Fund Balance
Unrestricted Net Assets$162,176$322,496▲ $160,320
Total Net Assets Fund Balance$162,176$322,496▲ $160,320
Total Liabilities and Net Assets / Fund Balance$167,462$326,596▲ $159,134

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,114$2,395$3,509
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Roberts SaraSecretary and Executive DirectorFT$78,000$5,188$83,188

Board Members and Trustees

NameTitle
Deardorff TomBenchmark Task Force Chairman
Mangan ColleenBuilding a Healthier Polk Co-chair
Long KimChairman
Ferson JeromeChairman Elect
Delgado TonyCivic Engagement Task Force Chairman
Malott SeanEconomic Development Task Force Chairman
Copeland SusanEducation Task Force Chairman
Holmes YadiraGovernment Task Force Chairman
Faux MarshaImmediate Past Chairman
Dunn BenInfrastructure Task Force Chairman
Quam RobQuality of Life Task Force Chairman
Hester GaryDirector
Holden EileenDirector
Kirkland NelsonDirector
Littleton GregDirector
Petr DavidDirector
Steed PatDirector
Worthington TerryDirector
Jones JaniceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$293,155
Program Service Revenue
$51,125
Investment Income
$50
Other Revenue
$1,815
All Other Contributions
$293,155
Change in Net Assets
$160,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,876
Other Expenses$50,449
Grants and Similar Amounts Paid$500
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,869$8,319-$83,188
Other Salaries and Wages$38,225$4,247-$42,472
Conferences and Meetings$12,880--$12,880
Other Expenses$10,000--$10,000
Payroll Taxes$8,294$922-$9,216
Occupancy$2,385$265-$2,650
Office Expenses$2,194$294-$2,488
Insurance$2,264--$2,264
Depreciation Depletion$1,094$121-$1,215
Travel$1,160--$1,160
Information Technology$784$87-$871
Grants to Domestic Orgs$500--$500
Interest$174--$174
Total Functional Expenses$171,570$14,255$0$185,825
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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 B, Line 11

A complete copy of the form 990 was provided to the entire board of directors for review before it was filed.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Polk Vision Inc
EIN
20-0141870
Phone
8636460439
Address
PO BOX 1506, HIGHLAND CITY, FL 33846

Signing Officer

Name
Sara Roberts
Title
Executive Director
Phone
8636460439
Signed
2015-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Roberts
Formed
2003
Legal Domicile
Fl
Voting Board Members
17
Independent Board Members
16
Employees
4
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
402 SOUTH KENTUCKY AVENUE SUITE 600, LAKELAND, FL 33801
Preparer
Janice Jones
Phone
8636805600
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IRS990/LandBldgEquipAccumDeprecAmt02395
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0127
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01114
IRS990/LandBldgEquipCostOrOtherBssAmt03509
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt030
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP PLANS TO IMPROVE THE QUALITY OF LIFE, EDUCATION AND ECONOMIC DEVELOPMENT OF POLK COUNTY, FLORIDA. TO ASSIST, IN A CHARITABLE MANNER CONSISTENT WITH THE IRC SECTION 501(C)(3), IN CHARTERING THE COURSE OF POLK COUNTY'S FUTURE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0162176
IRS990/NetAssetsOrFundBalancesEOYAmt0322496
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-30
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-30
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0265
IRS990/OccupancyGrp/ProgramServicesAmt02385
IRS990/OccupancyGrp/TotalAmt02650
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0294
IRS990/OfficeExpensesGrp/ProgramServicesAmt02194
IRS990/OfficeExpensesGrp/TotalAmt02488
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0107
IRS990/OtherAssetsTotalGrp/EOYAmt0370
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEADERSHIP POLK EXPENSE
IRS990/OtherExpensesGrp/Desc1ALIGNMENT USA MEMBERSHI
IRS990/OtherExpensesGrp/ProgramServicesAmt016747
IRS990/OtherExpensesGrp/ProgramServicesAmt110000
IRS990/OtherExpensesGrp/TotalAmt016747
IRS990/OtherExpensesGrp/TotalAmt110000
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENTS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01760
IRS990/OtherRevenueMiscGrp/ExclusionAmt155
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01760
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt155
IRS990/OtherRevenueTotalAmt01815
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04247
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt038225
IRS990/OtherSalariesAndWagesGrp/TotalAmt042472
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0922
IRS990/PayrollTaxesGrp/ProgramServicesAmt08294
IRS990/PayrollTaxesGrp/TotalAmt09216
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SARA ROBERTS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0LEADERSHIP POLK TUITIO
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051125
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051125
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt00
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0160320
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt051125
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0141523
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0310429
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2011 AMOUNT: $ 20. 2014 AMOUNT: $ 55. REIMBURSEMENTS - 2011 AMOUNT: $ 3,880. 2012 AMOUNT: $ 4,868. 2013 AMOUNT: $ 986. 2014 AMOUNT: $ 1,760.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0293155
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0109926
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt074870
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0113394
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0696776
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0410
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0367
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01974
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04341
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0248090
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01815
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0986
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04868
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03900
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011569
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97770
IRS990ScheduleA/PublicSupportPY170Pct00.97630
IRS990ScheduleA/PublicSupportTotal170Amt0696776
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0293155
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0109926
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105431
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt074870
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0113394
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0696776
IRS990ScheduleA/TotalSupportAmt0712686
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01114
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02395
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03509
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01114
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COMPLETE COPY OF THE FORM 990 WAS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.64$3.04$4.60$5.07$5.24$0.18
2023Detailed filing. Detailed filing data is available for this year.$7.25$0.00$7.25$4.02$4.21$0.20
2022Detailed filing. Detailed filing data is available for this year.$7.45$0.01$7.44$4.68$4.22$0.47
2021Detailed filing. Detailed filing data is available for this year.$7.03$0.05$6.98$5.11$4.05$1.06
2020Detailed filing. Detailed filing data is available for this year.$5.92$0.00$5.92$4.01$3.15$0.86
2019Detailed filing. Detailed filing data is available for this year.$5.08$0.03$5.05$3.85$4.13$0.28
2018Detailed filing. Detailed filing data is available for this year.$5.35$0.01$5.33$4.38$3.53$0.85
2017Detailed filing. Detailed filing data is available for this year.$4.69$0.21$4.48$3.63$3.81$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.72$0.05$4.67$3.63$3.05$0.57
2015Detailed filing. Detailed filing data is available for this year.$4.14$0.04$4.09$3.45$2.52$0.93
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.04$3.22$3.46$1.86$1.60
2013Detailed filing. Detailed filing data is available for this year.$1.67$0.05$1.62$1.53$1.65$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.03$1.75$1.63$1.73$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$0.03$1.84$1.33$1.68$0.34
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.03$2.19$1.65$1.87$0.21