Civic Intelligence

Friends of Miami-Dade College

EIN 20-3939157 • 501(c)4 • Coral Gables, FL

Profile

To assist and promote higher public education

1172 South Dixie Highway 403Coral Gables, FL 33146-2918

none

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-151641%

Higher net margin than 1% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)4 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-25%

Faster asset growth than 25% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

16th percentile

-51%

Faster revenue growth than 16% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$489,360

Down $160,739 (-25%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$489,360

Down $160,739 (-25%) from 2021

Operations
Liabilities / Revenue61st percentileNet Margin1st percentile

Revenue

Down

$106

Down $109 (-51%) from 2021

Expenses

Down

$160,845

Down $31,155 (-16%) from 2021

Net Income

Up

-$160,739

Up $31,046 (+16%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $415,579Liabilities 2011: $0Net Assets 2011: $415,5792011Assets 2012: $416,036Liabilities 2012: $0Net Assets 2012: $416,0362012Assets 2013: $1,216,920Liabilities 2013: $0Net Assets 2013: $1,216,9202013Assets 2014: $1,519,953Liabilities 2014: $0Net Assets 2014: $1,519,9532014Assets 2015: $1,441,125Liabilities 2015: $0Net Assets 2015: $1,441,1252015Assets 2016: $1,362,308Liabilities 2016: $0Net Assets 2016: $1,362,3082016Assets 2017: $1,283,198Liabilities 2017: $0Net Assets 2017: $1,283,1982017Assets 2018: $1,151,797Liabilities 2018: $0Net Assets 2018: $1,151,7972018Assets 2019: $1,032,191Liabilities 2019: $0Net Assets 2019: $1,032,1912019Assets 2020: $841,884Liabilities 2020: $0Net Assets 2020: $841,8842020Assets 2021: $650,099Liabilities 2021: $0Net Assets 2021: $650,0992021Assets 2022: $489,360Liabilities 2022: $0Net Assets 2022: $489,3602022

Highlighted filing

2022

Assets$489,360
Liabilities$0
Net Assets$489,360
Open 2022 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $14,638Expenses 2011: $0Net Income 2011: $14,6382011Revenue 2012: $760Expenses 2012: $303Net Income 2012: $4572012Revenue 2013: $800,904Expenses 2013: $20Net Income 2013: $800,8842013Revenue 2014: $353,750Expenses 2014: $50,717Net Income 2014: $303,0332014Revenue 2015: $1,449Expenses 2015: $80,277Net Income 2015: -$78,8282015Revenue 2016: $1,463Expenses 2016: $80,280Net Income 2016: -$78,8172016Revenue 2017: $1,175Expenses 2017: $80,285Net Income 2017: -$79,1102017Revenue 2018: $1,169Expenses 2018: $132,570Net Income 2018: -$131,4012018Revenue 2019: $1,071Expenses 2019: $120,677Net Income 2019: -$119,6062019Revenue 2020: $1,752Expenses 2020: $192,059Net Income 2020: -$190,3072020Revenue 2021: $215Expenses 2021: $192,000Net Income 2021: -$191,7852021Revenue 2022: $106Expenses 2022: $160,845Net Income 2022: -$160,7392022

Highlighted filing

2022

Revenue$106
Expenses$160,845
Net Income-$160,739
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$489,360
Liabilities
$0
Net assets
$489,360
Revenue
$106
Expenses
$160,845
Net income
-$160,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$0.00$0.16$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$0.00$0.19$0.19
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.00$0.19$0.19
2019Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.00$0.12$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.00$0.13$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.00$0.08$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.00$0.08$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.00$0.08$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.35$0.05$0.30
2013Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.80$0.00$0.80
2012Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$0.00$0.00$0.00
2011Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$0.01$0.00$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$106
Mission and Program Overview

Mission

To assist and promote higher public education

To support Miami-Dade College and educational advocacy at the state and federal levels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$650,099$489,360▼ $160,739
Savings and Temporary Cash Investments$629,973$469,234▼ $160,739
Cash and Non-Interest-Bearing Accounts$20,126$20,126→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$650,099$489,360▼ $160,739
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$650,099$489,360▼ $160,739
Total Liabilities and Net Assets / Fund Balance$650,099$489,360▼ $160,739
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Louis WolfsonChairman & Governing Body
Ed TorgasDeputy Treasurer
Antonio L ArgizTreasurer & Governing Body

Highest Paid Contractors

ContractorServicesLocationCompensation
Ballard PartnersPolitical Consulting201 E Park Avenue 5th Floor, Tallahassee, FL 32301$160,809
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$106
Other Revenue
$0
Change in Net Assets
$-160,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$160,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$160,809-$160,809
Other Expenses-$36-$36
Total Functional Expenses$0$160,845$0$160,845
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
Subject to proxy tax
No
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
Yes
Other officer compensation reviewed
Yes
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 11B

“The organiztion provides a copy of the Form 990 to each director prior to the return being filed with the IRS.”

Form 990, Part VI, Section B, line 12

“Policy is reviewed periodically by attorneys. Two member governing body reviews annually. No conflicts have been noted to date.”

Form 990, Part VI, Section B, line 15

“All Volunteers; No Compensation paid”

Form 990, Part VI, Section C, line 19

“Documents available upon request”

Filing and Contact Details

Filer

Filer Name
Friends of Miami-Dade College
EIN
20-3939157
Phone
3054950954
Address
1172 South Dixie Highway 403, Coral Gables, FL 33146-2918

Signing Officer

Name
Ed S Torgas
Title
Deputy Treasurer
Phone
3054950954
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis Wolfson
Formed
2006
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Paast Pl
Address
255 Alhambra Circle Suite 1100, Coral Gables, FL 33134
Preparer
Carlos Perez-Abreu
Phone
3055670150
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consulting: Program service expenses 0. Management and general expenses 160,809. Fundraising expenses 0. Total expenses 160,809.”

Raw XML Appendix265 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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IRS990/BooksInCareOfDetail/PhoneNum03054950954
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01833 SW 21 Street
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/InvestmentIncomeGrp/ExclusionAmt0106
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organiztion provides a copy of the Form 990 to each director prior to the return being filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Policy is reviewed periodically by attorneys. Two member governing body reviews annually. No conflicts have been noted to date.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All Volunteers; No Compensation paid
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Documents available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Consulting: Program service expenses 0. Management and general expenses 160,809. Fundraising expenses 0. Total expenses 160,809.
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0255 Alhambra Circle Suite 1100
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Carlos Perez-Abreu
ReturnHeader/ReturnTs02023-11-15T20:50:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Ed
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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