Civic Intelligence

Archbold Expeditions Inc.

990 • Fiscal year 2019 • EIN 23-6400408

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 28, 2020

123 Main DriveVenus, FL 33960

(863) 465-2571

Siviq Scores

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

Liabilities / Assets

25th percentile

0.07x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

1.14x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

16th percentile

$167,321

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

47th percentile

3.7%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-82%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$89,509,963

Up $3,210,388 (+3.7%) from 2018

Net Assets

Up

$83,304,739

Up $3,825,365 (+4.8%) from 2018

Liabilities

Down

$6,205,224

Down $614,977 (-9.0%) from 2018

Revenue

Down

$5,465,685

Down $24,702,120 (-82%) from 2018

Expenses

Up

$5,340,022

Up $83,249 (+1.6%) from 2018

Net Income

Down

$125,663

Down $24,785,369 (-99%) from 2018

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $55,734,424Liabilities 2010: $805,927Net Assets 2010: $54,928,4972010Assets 2011: $51,500,653Liabilities 2011: $881,821Net Assets 2011: $50,618,8322011Assets 2012: $52,618,608Liabilities 2012: $682,776Net Assets 2012: $51,935,8322012Assets 2013: $55,545,179Liabilities 2013: $616,234Net Assets 2013: $54,928,9452013Assets 2014: $56,321,989Liabilities 2014: $1,483,621Net Assets 2014: $54,838,3682014Assets 2015: $56,070,143Liabilities 2015: $1,282,693Net Assets 2015: $54,787,4502015Assets 2016: $56,082,830Liabilities 2016: $1,150,477Net Assets 2016: $54,932,3532016Assets 2017: $60,719,616Liabilities 2017: $2,762,813Net Assets 2017: $57,956,8032017Assets 2018: $86,299,575Liabilities 2018: $6,820,201Net Assets 2018: $79,479,3742018Assets 2019: $89,509,963Liabilities 2019: $6,205,224Net Assets 2019: $83,304,7392019Assets 2020: $92,397,695Liabilities 2020: $5,388,636Net Assets 2020: $87,009,0592020Assets 2021: $99,459,903Liabilities 2021: $5,520,178Net Assets 2021: $93,939,7252021Assets 2022: $92,012,525Liabilities 2022: $5,372,377Net Assets 2022: $86,640,1482022Assets 2023: $95,807,854Liabilities 2023: $1,203,111Net Assets 2023: $94,604,7432023Assets 2024: $105,063,108Liabilities 2024: $1,876,113Net Assets 2024: $103,186,9952024

Highlighted filing

2019

Assets$89,509,963
Liabilities$6,205,224
Net Assets$83,304,739

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $4,101,5732010Expenses 2011: $4,161,7012011Expenses 2012: $4,204,6462012Revenue 2013: $2,919,564Expenses 2013: $4,104,215Net Income 2013: -$1,184,6512013Revenue 2014: $4,655,714Expenses 2014: $4,095,613Net Income 2014: $560,1012014Revenue 2015: $5,019,300Expenses 2015: $4,254,348Net Income 2015: $764,9522015Revenue 2016: $6,192,970Expenses 2016: $4,492,672Net Income 2016: $1,700,2982016Revenue 2017: $5,009,984Expenses 2017: $4,965,606Net Income 2017: $44,3782017Revenue 2018: $30,167,805Expenses 2018: $5,256,773Net Income 2018: $24,911,0322018Revenue 2019: $5,465,685Expenses 2019: $5,340,022Net Income 2019: $125,6632019Revenue 2020: $5,182,964Expenses 2020: $5,344,406Net Income 2020: -$161,4422020Revenue 2021: $11,127,289Expenses 2021: $6,525,404Net Income 2021: $4,601,8852021Revenue 2022: $8,038,871Expenses 2022: $8,485,832Net Income 2022: -$446,9612022Revenue 2023: $11,453,982Expenses 2023: $8,195,765Net Income 2023: $3,258,2172023Revenue 2024: $14,897,956Expenses 2024: $8,528,043Net Income 2024: $6,369,9132024

Highlighted filing

2019

Revenue$5,465,685
Expenses$5,340,022
Net Income$125,663
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 28, 2020
Return Version
2019v5.1
Gross Receipts
$25,220,368
Mission and Program Overview

Mission

Archbold's mission is to build and share the scientific knowledge needed to protect the life, lands, and waters of the heart of florida and beyond.

Long-term ecological research, conservation, and educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,108,469$46,315,137▲ $206,668
Investments in Publicly Traded Securities$28,614,913$31,790,423▲ $3,175,510
Savings and Temporary Cash Investments$3,206,122$4,144,926▲ $938,804
Investments Other Securities$4,347,102$3,808,913▼ $538,189
Inventories for Sale or Use$3,173,536$2,064,040▼ $1,109,496
Pledges and Grants Receivable$476,825$712,813▲ $235,988
Accounts Receivable$255,814$515,054▲ $259,240
Prepaid Expenses and Deferred Charges$115,594$157,457▲ $41,863
Cash and Non-Interest-Bearing Accounts$1,200$1,200→ $0
Total Assets$86,299,575$89,509,963▲ $3,210,388
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,982,529$5,344,006▼ $638,523
Accounts Payable and Accrued Expenses$749,640$795,940▲ $46,300
Deferred Revenue$86,032$63,278▼ $22,754
Other Liabilities$2,000$2,000→ $0
Total Liabilities$6,820,201$6,205,224▼ $614,977
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$78,187,708$82,305,365▲ $4,117,657
Net Assets With Donor Restrictions$1,291,666$999,374▼ $292,292
Total Net Assets Fund Balance$79,479,374$83,304,739▲ $3,825,365
Total Liabilities and Net Assets / Fund Balance$86,299,575$89,509,963▲ $3,210,388

Asset Categories

AssetBook ValueDepreciationBasis
Land$37,353,521-$37,353,521
Buildings$7,013,262$4,137,795$11,151,057
Equipment$745,761$2,850,092$3,595,853
Other Land Buildings$1,202,593$1,808,832$3,011,425

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$33,356,162-▲ $5,745,806$1,557,796$37,544,172
2018$36,256,746-▼ $1,135,984$1,764,600$33,356,162
2017$33,543,835-▲ $4,411,004$1,698,093$36,256,746
2016$33,708,472$10,651▲ $1,607,233$1,782,521$33,543,835
2015$35,391,389-▼ $439,010$1,243,907$33,708,472
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Hilary SwainExec Director/ Asst SecFT$136,220$31,101$167,321
Eric MengesSr. Research Program DirectorFT$102,336$36,892$139,228
Eric SteinCFO / Asst SecFT$61,414$39,049$100,463

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Quincey Cattle CoCattle Feed2350 NW 120 ST, Chiefland, FL 32626$584,647
Hubbard Feeds (ridley Usa)Cattle Supplements250 BONNE MINE RD, Bartow, FL 33830$199,803
GlissonFencing/cattle4525 US HWY 27 S, Sebring, FL 33870$176,398
Usher Land & TimberCattle FeedPO BOX 843, Chiefland, FL 32644$112,356
Walpole Feed & Supply CoCattle FeedPO BOX 1723, Okeechobee, FL 34973$111,413
Revenue and Support

Revenue Composition

Contributions and Grants
$2,956,715
Program Service Revenue
$171,259
Investment Income
$2,557,729
Other Revenue
$-220,018
All Other Contributions
$750,611
Change in Net Assets
$125,663

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$182,753Stock Exchange
Real Estate Other1$56,393Appraisal/market Value
Total Noncash Contributions2$239,146-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,338,023
Revenue Not Reported on Financial Statements
$127,662
Revenue Not Reported on Form 990
$3,687,206
Other Revenue Adjustments
$-12,496
Total Revenue per Audited Statements
$9,025,229
Total Revenue per Form 990
$5,465,685
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,830,463
Other Expenses$2,461,853
Total Fundraising Expense$229,190
Professional Fundraising Fees$47,706
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,592,593$232,638$84,635$1,909,866
Depreciation Depletion$693,078$137,316$1,363$831,757
Other Employee Benefits$313,779$64,411$18,162$396,352
Insurance$180,098$118,082$403$298,583
Current Officers, Directors, Trustees, and Key Employees$32,145$235,151-$267,296
Occupancy$141,959$43,938$1,379$187,276
Payroll Taxes$126,823$37,774$7,295$171,892
Fees for Service Investment Mgmnt Fees-$140,158-$140,158
Pension Plan Contributions$69,516$11,457$4,084$85,057
Travel$68,153$6,485$4,369$79,007
Fees for Services Other$62,447$-6,746$18,974$74,675
Other Expenses$71,018$355$435$71,373
Fees for Services Professional Fundraising--$47,706$47,706
Fees for Services Accounting$5,390$38,160-$43,550
Information Technology$24,576$11,641-$36,217
Fees for Services Legal-$29,847-$29,847
All Other Expenses$2,016$8,816-$10,832
Total Functional Expenses$3,850,444$1,260,388$229,190$5,340,022

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,340,022
Expenses per Audited Statements$5,199,864
Total Expenses per Audited Statements$5,199,864
Expenses Not Reported on Financial Statements$140,158
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$47,706
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Environmental Remediation Liability$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Mary page hufty-daniel santiago alegria (wife - husband) mary page hufty-dylan archbold hufty alegria (mother - son) mary page hufty-loren daniel hufty alegria (mother - son) daniel santiago alegria-dylan archbold hufty alegria (father - son) daniel santiago alegria-loren daniel hufty alegria (father - son) dylan archbold hufty alegria-veronica alegria (husband - wife) mary page hufty-john archbold hufty (sister - brother)

Form 990, Part VI, Section A, Line 4

A certificate of domestication was filed with the state of florida, along with accompanying articles of incorporation to complete the domestication requirements pursuant to s. 617.1803, and terminate corporation status in pennsylvania. The board of trustees is now referred to as the board of directors. On january 30 2019, the board of trustees discussed, proposed, and approved two new by-laws: 1) article 4.12 emeritus appointments - the board of directors may elect a director to emeritus status at its annual meeting. Emeritus status will be awarded for extraordinary service upon the expiration of a director's term of service. Extraordinary service would include service in excess of fifteen years or something commensurate. Emeritus status entitles the holder to participate in board teleconferences and the annual meeting, receive copies of board materials, and otherwise to engage in the life and work of archbold expeditions, inc., including being considered for service on committees. Emeritus director status is a non-voting, honorary position that is not included when calculating the number of directors holding office, required for a quorum, present at a meeting, or the number of votes constituting a majority for any action taken by the board of directors, and an emeritus director may serve only as a non-director member on any committee appointed by the board of directors. Once appointed, emeritus directors can serve indefinitely at the pleasure of the board. 2) committee operations in general - the board of directors can establish committees, which must consist of 2 board members. Non-director committee members may be elected to serve, but a director must chair the committee. Unless restricted by statute or the articles of incorporation, the committees shall have and may exercise all powers and authority of the board of directors. Each committee shall keep regular meetings and report to them to the board of directors.

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

A copy of the 990 is provided to all members of the governing body before filing. Form 990 is reviewed by the executive director, treasurer, cfo and audit committee prior to being filed.

Form 990, Part VI, Section B, Line 12C

The board and employees fill out a conflict of interest form annually. All forms are collected and reviewed by the cfo for any conflicts.

Form 990, Part VI, Section B, Line 15

Detailed salary comparisons and benefits packages for all employees including the executive director and key employees are prepared annually by human resources, with comparisons using independent data from the american association of university professors, as reported by the chronicle of higher education, the college and university professional association for human resources and the florida occupational employment and wages survey. These are reviewed annually by the board compensation committee which approves all raises and changes in compensation.

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
Archbold Expeditions Inc
EIN
23-6400408
Phone
8634652571
Address
123 MAIN DRIVE, VENUS, FL 33960

Signing Officer

Name
Hilary Swain
Title
Executive Director
Phone
8634652571
Signed
2020-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hilary Swain
Formed
1937
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
98
Volunteers
73

Preparer

Firm
Kerkering Barberio & Co
Address
PO BOX 49348, SARASOTA, FL 34230-6348
Preparer
Rebecca U Stoner
Phone
9413654617
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6 Volunteers

Volunteers helped with many programs at archbold expeditions inc. Volunteers are an indispensable part of the archbold education programs, the scrub ecology summer day camp and the elementary environmental education program. Adult and teen volunteers assist campers and students with research-oriented activities, animal tracking and ecology-oriented games. In addition, adult volunteers help with the research and land management programs, and with public tours and events.

FORM 990, PART XI, LINE 9:

Partnership losses 12,496.

Form 990, Part XII, Line 2C Audit Review Process

There has been no change from the prior year.

Financial Statement Notes

PART V, LINE 4:

The quasi-endowment has been established for the primary purpose of providing support to carry out the organization's role and mission as described in the organization's governing documents. Annual distributions are used to fund the operating budget and special projects of the organization.

PART X, LINE 2:

Under the income taxes topic of the fasb accounting standards codification, the organization has reviewed and evaluated the relevant technical merits of each of its tax positions in accordance with accounting principles generally accepted in the united states of america for accounting for uncertainty in income taxes, and determined that there are no uncertain tax positions that would have a material impact on the financial statements of the organization.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Partnership losses -12,496.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$105$1.88$103$14.9$8.53$6.37
2023Detailed filing. Detailed filing data is available for this year.$95.8$1.20$94.6$11.5$8.20$3.26
2022Detailed filing. Detailed filing data is available for this year.$92.0$5.37$86.6$8.04$8.49$0.45
2021Detailed filing. Detailed filing data is available for this year.$99.5$5.52$93.9$11.1$6.53$4.60
2020Detailed filing. Detailed filing data is available for this year.$92.4$5.39$87.0$5.18$5.34$0.16
2019Detailed filing. Detailed filing data is available for this year.$89.5$6.21$83.3$5.47$5.34$0.13
2018Detailed filing. Detailed filing data is available for this year.$86.3$6.82$79.5$30.2$5.26$24.9
2017Detailed filing. Detailed filing data is available for this year.$60.7$2.76$58.0$5.01$4.97$0.04
2016Detailed filing. Detailed filing data is available for this year.$56.1$1.15$54.9$6.19$4.49$1.70
2015Detailed filing. Detailed filing data is available for this year.$56.1$1.28$54.8$5.02$4.25$0.76
2014Detailed filing. Detailed filing data is available for this year.$56.3$1.48$54.8$4.66$4.10$0.56
2013Detailed filing. Detailed filing data is available for this year.$55.5$0.62$54.9$2.92$4.10$1.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.6$0.68$51.9$4.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.5$0.88$50.6$4.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.7$0.81$54.9$4.10