Civic Intelligence

Kissimmee Main Street Program Inc.

990 • Fiscal year 2023 • EIN 20-1867527

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 29, 2024

421 Broadway AveKissimmee, FL 34741

(407) 846-4643

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

62nd percentile

10.0%

Higher net margin than 62% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

84th percentile

47%

Faster asset growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

58th percentile

12%

Faster revenue growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$80,398

Up $25,537 (+47%) from 2022

Net Assets

Up

$80,196

Up $25,335 (+46%) from 2022

Liabilities

Up

$202

Up $202 from 2022

Revenue

Up

$253,362

Up $27,216 (+12%) from 2022

Expenses

Up

$228,027

Up $18,183 (+8.7%) from 2022

Net Income

Up

$25,335

Up $9,033 (+55%) from 2022

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $32,383Liabilities 2011: $02011Assets 2012: $43,430Liabilities 2012: $02012Assets 2013: $49,083Liabilities 2013: $02013Assets 2016: $86,334Liabilities 2016: $0Net Assets 2016: $86,3342016Assets 2017: $47,934Liabilities 2017: $0Net Assets 2017: $47,9342017Assets 2018: $36,495Liabilities 2018: $0Net Assets 2018: $36,4952018Assets 2020: $13,227Net Assets 2020: $13,2272020Assets 2021: $38,559Liabilities 2021: $0Net Assets 2021: $38,5592021Assets 2022: $54,861Liabilities 2022: $0Net Assets 2022: $54,8612022Assets 2023: $80,398Liabilities 2023: $202Net Assets 2023: $80,1962023Assets 2024: $71,169Liabilities 2024: $3,592Net Assets 2024: $67,5772024

Highlighted filing

2023

Assets$80,398
Liabilities$202
Net Assets$80,196

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $113,422Expenses 2011: $121,010Net Income 2011: -$7,5882011Revenue 2012: $163,082Expenses 2012: $152,035Net Income 2012: $11,0472012Revenue 2013: $168,348Expenses 2013: $162,695Net Income 2013: $5,6532013Revenue 2016: $159,325Expenses 2016: $152,602Net Income 2016: $6,7232016Revenue 2017: $99,850Expenses 2017: $137,918Net Income 2017: -$38,0682017Revenue 2018: $122,810Expenses 2018: $134,258Net Income 2018: -$11,4482018Revenue 2020: $143,980Expenses 2020: $146,102Net Income 2020: -$2,1222020Revenue 2021: $219,917Expenses 2021: $194,585Net Income 2021: $25,3322021Revenue 2022: $226,146Expenses 2022: $209,844Net Income 2022: $16,3022022Revenue 2023: $253,362Expenses 2023: $228,027Net Income 2023: $25,3352023Revenue 2024: $253,931Expenses 2024: $266,550Net Income 2024: -$12,6192024

Highlighted filing

2023

Revenue$253,362
Expenses$228,027
Net Income$25,335
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 29, 2024
Return Version
2022v5.0
Gross Receipts
$253,362
Mission and Program Overview

Mission

Support and encourage the restoration and maintenance of the histroric character and viability of downtown kissimmee

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$46,059$64,918▲ $18,859
Land, Buildings, and Equipment, Net$8,802$15,480▲ $6,678
Total Assets$54,861$80,398▲ $25,537
Liabilities
Other Liabilities-$202-
Total Liabilities$0$202▲ $202
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$54,861$80,196▲ $25,335
Total Net Assets Fund Balance$54,861$80,196▲ $25,335
Total Liabilities and Net Assets / Fund Balance$54,861$80,398▲ $25,537

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,940$3,271$11,211
Buildings$4,449$25$4,474
Equipment$3,091$244$3,335
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lance SpencerPresident
John FieldsDirector
Juanita GerwithDirector
Lacy SantoneDirector
Cori CarpeterMember Advis
Samia SingletonMember Advis
Yolanda ClaudioMember Advis
Aida FerminSecretary
Leia PerezTreasurer
Tiffany HendersonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$223,467
Program Service Revenue
$29,895
Investment Income
$0
Other Revenue
$0
All Other Contributions
$314
Change in Net Assets
$25,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,015
Other Expenses$94,012
Total Fundraising Expense$13,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$85,918$17,184$11,456$114,558
All Other Expenses$19,046$420-$19,466
Office Expenses$5,676$6,462-$12,138
Other Employee Benefits$8,385$1,677$1,118$11,180
Fees for Services Other$9,373--$9,373
Occupancy-$8,974-$8,974
Advertising$8,659--$8,659
Payroll Taxes$6,207$1,242$828$8,277
Fees for Services Accounting-$4,715-$4,715
Other Expenses$3,903--$3,903
Information Technology$3,418--$3,418
Insurance$2,446$611-$3,057
Depreciation Depletion$469$1,662-$2,131
Total Functional Expenses$171,678$42,947$13,402$228,027
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$202
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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, Page 6, Part VI

The board of directors is comprised of ten individuals. Seven of the ten board members have full voting rights. One of the ten board members is a representative of the osceola board of county commissioners and is a member in an advisory capacity only. Two of the ten board members are representatives of the city of kissimmee and are members in an advisory capacity only.

Form 990, Page 6, Part VI, Line 9

Samia singleton 101 church street kissimmee, fl 34741 yolanda claudio 101 church street kissimmee, fl 34741 cori carpeter 1 courthouse square kissimmee, fl 34741

Form 990, Page 6, Part VI, Line 11B

The completed form 990 or 990ez is presented to and reviewed by a member (or members) of the board for approval prior to the filing of the return.

Form 990, Page 6, Part VI, Line 19

Governing documents are held for inspection at the main office of the organizaiton and available upon request.

Filing and Contact Details

Filer

Filer Name
Kissimmee Main Street Program Inc
EIN
20-1867527
Phone
4078464643
Address
421 BROADWAY AVE, KISSIMMEE, FL 34741

Signing Officer

Name
Lance Spencer
Title
President
Phone
4078464643
Signed
2024-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lance Spencer
Formed
2004
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
5

Preparer

Firm
David P Reisinger CPA Pa
Address
6443 55TH SQUARE, VERO BEACH, FL 32967-5389
Preparer
David Reisinger CPA
Phone
7724137121
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers assist the organization staff in its day to day operations, in the planning and execution of events, and other community outreach activities as needed. Volunteers are not compensated for their time.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0154422
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0122810
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0898844
IRS990ScheduleA/TotalSupportAmt0898844
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04449
IRS990ScheduleD/BuildingsGrp/DepreciationAmt025
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04474
IRS990ScheduleD/EquipmentGrp/BookValueAmt03091
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0244
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03335
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07940
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03271
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt011211
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015480
IRS990ScheduleD/TotalLiabilityAmt0202
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS ASSIST THE ORGANIZATION STAFF IN ITS DAY TO DAY OPERATIONS, IN THE PLANNING AND EXECUTION OF EVENTS, AND OTHER COMMUNITY OUTREACH ACTIVITIES AS NEEDED. VOLUNTEERS ARE NOT COMPENSATED FOR THEIR TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS COMPRISED OF TEN INDIVIDUALS. SEVEN OF THE TEN BOARD MEMBERS HAVE FULL VOTING RIGHTS. ONE OF THE TEN BOARD MEMBERS IS A REPRESENTATIVE OF THE OSCEOLA BOARD OF COUNTY COMMISSIONERS AND IS A MEMBER IN AN ADVISORY CAPACITY ONLY. TWO OF THE TEN BOARD MEMBERS ARE REPRESENTATIVES OF THE CITY OF KISSIMMEE AND ARE MEMBERS IN AN ADVISORY CAPACITY ONLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SAMIA SINGLETON 101 CHURCH STREET KISSIMMEE, FL 34741 YOLANDA CLAUDIO 101 CHURCH STREET KISSIMMEE, FL 34741 CORI CARPETER 1 COURTHOUSE SQUARE KISSIMMEE, FL 34741
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETED FORM 990 OR 990EZ IS PRESENTED TO AND REVIEWED BY A MEMBER (OR MEMBERS) OF THE BOARD FOR APPROVAL PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE HELD FOR INSPECTION AT THE MAIN OFFICE OF THE ORGANIZAITON AND AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt054861
IRS990/TotalAssetsEOYAmt080398
IRS990/TotalAssetsGrp/BOYAmt054861
IRS990/TotalAssetsGrp/EOYAmt080398
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0223467
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013402
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042947
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0171678
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228027
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0202
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0202
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt054861
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt080196
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01400
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01400
IRS990/TotalProgramServiceExpensesAmt0171678
IRS990/TotalProgramServiceRevenueAmt029895
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029895
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0253362
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt054861
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt080398
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0535 BRACK STREET
IRS990/USAddress/CityNm0KISSIMMEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034741
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.KISSIMMEEMAINSTREET.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LANCE SPENCER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04078464643
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KISSIMMEE MAIN STREET PROGRAM INC
ReturnHeader/Filer/BusinessNameControlTxt0KISS
ReturnHeader/Filer/EIN0201867527
ReturnHeader/Filer/PhoneNum04078464643
ReturnHeader/Filer/USAddress/AddressLine1Txt0421 BROADWAY AVE
ReturnHeader/Filer/USAddress/CityNm0KISSIMMEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034741
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471193879
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DAVID P REISINGER CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06443 55TH SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VERO BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0329675389
ReturnHeader/PreparerPersonGrp/PhoneNum07724137121
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID REISINGER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-08-30T08:54:35-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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