Civic Intelligence

Volusia Building Industry Association Inc

EIN 23-7329286 • 501(c)6 • Daytona Beach, FL

Profile

Provide a forum for communicationg the organizations' goals to members, promoting the services provided by its members, and keeping members and the public informed.

130 Integra Breeze Lane Suite 4BDaytona Beach, FL 32117

www.volusiahomebuilders.org

Siviq Scores

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

Liabilities / Assets

69th percentile

0.18x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.43x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Net Margin

9th percentile

-20%

Higher net margin than 9% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$89,674

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 38.5% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2022

Asset Growth

23rd percentile

-7.3%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-20%

Faster revenue growth than 9% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$561,826

Down $43,948 (-7.3%) from 2021

Liabilities

Up

$100,190

Up $71,128 (+245%) from 2021

Net Assets

Down

$461,636

Down $115,076 (-20%) from 2021

Operations
Liabilities / Revenue87th percentileNet Margin9th percentile

Revenue

Down

$232,911

Down $59,254 (-20%) from 2021

Expenses

Up

$280,241

Up $54,149 (+24%) from 2021

Net Income

Down

-$47,330

Down $113,403 (-172%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$800K$600K$400K$200K$0Assets 2010: $605,690Liabilities 2010: $15,932Net Assets 2010: $589,7582010Assets 2011: $470,340Liabilities 2011: $72,139Net Assets 2011: $398,2012011Assets 2012: $322,029Liabilities 2012: $50,976Net Assets 2012: $271,0532012Assets 2013: $338,309Liabilities 2013: $53,518Net Assets 2013: $284,7912013Assets 2014: $355,586Liabilities 2014: $35,688Net Assets 2014: $319,8982014Assets 2015: $393,803Liabilities 2015: $66,079Net Assets 2015: $327,7242015Assets 2016: $366,542Liabilities 2016: $7,555Net Assets 2016: $358,9872016Assets 2017: $422,215Liabilities 2017: $74,961Net Assets 2017: $347,2542017Assets 2018: $471,071Liabilities 2018: $63,210Net Assets 2018: $407,8612018Assets 2019: $573,282Liabilities 2019: $92,775Net Assets 2019: $480,5072019Assets 2020: $571,268Liabilities 2020: $61,502Net Assets 2020: $509,7662020Assets 2021: $605,774Liabilities 2021: $29,062Net Assets 2021: $576,7122021Assets 2022: $561,826Liabilities 2022: $100,190Net Assets 2022: $461,6362022

Highlighted filing

2022

Assets$561,826
Liabilities$100,190
Net Assets$461,636
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $183,8472010Expenses 2011: $312,7942011Expenses 2012: $215,5482012Revenue 2013: $178,823Expenses 2013: $165,085Net Income 2013: $13,7382013Revenue 2014: $233,624Expenses 2014: $198,517Net Income 2014: $35,1072014Revenue 2015: $225,956Expenses 2015: $218,130Net Income 2015: $7,8262015Revenue 2016: $278,181Expenses 2016: $246,918Net Income 2016: $31,2632016Revenue 2017: $244,590Expenses 2017: $256,323Net Income 2017: -$11,7332017Revenue 2018: $308,018Expenses 2018: $247,533Net Income 2018: $60,4852018Revenue 2019: $307,847Expenses 2019: $234,181Net Income 2019: $73,6662019Revenue 2020: $228,414Expenses 2020: $191,792Net Income 2020: $36,6222020Revenue 2021: $292,165Expenses 2021: $226,092Net Income 2021: $66,0732021Revenue 2022: $232,911Expenses 2022: $280,241Net Income 2022: -$47,3302022

Highlighted filing

2022

Revenue$232,911
Expenses$280,241
Net Income-$47,330
Open 2022 Filing

Filings

Most recent year

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

Open filing
Assets
$561,826
Liabilities
$100,190
Net assets
$461,636
Revenue
$232,911
Expenses
$280,241
Net income
-$47,330
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$5.62$1.00$4.62$2.33$2.80$0.47
2021Detailed filing. Detailed filing data is available for this year.$6.06$0.29$5.77$2.92$2.26$0.66
2020Detailed filing. Detailed filing data is available for this year.$5.71$0.62$5.10$2.28$1.92$0.37
2019Detailed filing. Detailed filing data is available for this year.$5.73$0.93$4.81$3.08$2.34$0.74
2018Detailed filing. Detailed filing data is available for this year.$4.71$0.63$4.08$3.08$2.48$0.60
2017Detailed filing. Detailed filing data is available for this year.$4.22$0.75$3.47$2.45$2.56$0.12
2016Detailed filing. Detailed filing data is available for this year.$3.67$0.08$3.59$2.78$2.47$0.31
2015Detailed filing. Detailed filing data is available for this year.$3.94$0.66$3.28$2.26$2.18$0.08
2014Detailed filing. Detailed filing data is available for this year.$3.56$0.36$3.20$2.34$1.99$0.35
2013Detailed filing. Detailed filing data is available for this year.$3.38$0.54$2.85$1.79$1.65$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.51$2.71$2.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.72$3.98$3.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$0.16$5.90$1.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 22, 2023
Return Version
2022v4.1
Gross Receipts
$304,243
Mission and Program Overview

Mission

Provide a forum for communicating the organizations goals to members, promoting the services provided by its members, and keeping members and the public informed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$323,615$308,135▼ $15,480
Savings and Temporary Cash Investments$294,578$243,086▼ $51,492
Prepaid Expenses and Deferred Charges$3,880$8,034▲ $4,154
Accounts Receivable$-16,299$2,571▲ $18,870
Total Assets$605,774$561,826▼ $43,948
Liabilities
Deferred Revenue-$83,043-
Other Liabilities$26,314$16,880▼ $9,434
Accounts Payable and Accrued Expenses$2,748$267▼ $2,481
Total Liabilities$29,062$100,190▲ $71,128
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$576,712$461,636▼ $115,076
Total Net Assets Fund Balance$576,712$461,636▼ $115,076
Total Liabilities and Net Assets / Fund Balance$605,774$561,826▼ $43,948

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$23,376$23,376
Compensation and Service Providers
Top Officer Pay65th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Laura R PerkinsExecutive DiFT$89,674$89,674

Board Members and Trustees

NameTitle
Eric OlsenPresident
See Attached Slate of Vbia OfficersDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$58,808
Investment Income
$1,343
Other Revenue
$172,760
Change in Net Assets
$-47,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$153,657
Other Expenses$126,584
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$143,280--$143,280
Occupancy$53,987--$53,987
Advertising-$17,415-$17,415
Fees for Services Other$11,523--$11,523
Payroll Taxes$10,377--$10,377
Office Expenses$8,885--$8,885
All Other Expenses$6,254--$6,254
Other Expenses$3,372--$3,372
Travel$2,860--$2,860
Insurance$2,487--$2,487
Fees for Services Accounting$1,865--$1,865
Total Functional Expenses$262,826$17,415$0$280,241
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$193,820
Fundraising Direct Expenses$71,332
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parade of Homes$128,990$128,990$46,092$82,898
Golf Tournament$42,247$42,247$20,807$21,440
Total Events$193,820$193,820$71,332$122,488
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income - Donation$15,000
Intracoastal Cc$1,479
Tib Bank Mastercard$401
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 11B

“The board reviews the form 990 before filing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is continually enforced by the board.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Volusia Building Industry
EIN
23-7329286
Phone
3862261414
Address
130 INTEGRA BREEZE LANE SUITE 4B, DAYTONA BEACH, FL 32117

Signing Officer

Name
Eric Olsen
Title
President
Phone
3862261414
Signed
2023-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Olsen
Formed
1960
Legal Domicile
Fl
Voting Board Members
40
Independent Board Members
40
Employees
5

Preparer

Firm
Bolerjack Halsema Bowling & White Pa
Address
533 N NOVA RD SUITE 101, ORMOND BEACH, FL 32174
Preparer
Beverly a White
Phone
3866772669
Supplemental Narrative

Additional Explanations

Form 990

“NO”

Raw XML Appendix324 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.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/IRPDocumentCnt01
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE FORM 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS CONTINUALLY ENFORCED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0605774
IRS990/TotalAssetsEOYAmt0561826
IRS990/TotalAssetsGrp/BOYAmt0605774
IRS990/TotalAssetsGrp/EOYAmt0561826
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017415
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0262826
IRS990/TotalFunctionalExpensesGrp/TotalAmt0280241
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt029062
IRS990/TotalLiabilitiesEOYAmt0100190
IRS990/TotalLiabilitiesGrp/BOYAmt029062
IRS990/TotalLiabilitiesGrp/EOYAmt0100190
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0576712
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0461636
IRS990/TotalProgramServiceRevenueAmt058808
IRS990/TotalReportableCompFromOrgAmt089674
IRS990/TotalRevenueGrp/ExclusionAmt01343
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0109080
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0232911
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0605774
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0561826
IRS990/TravelGrp/ProgramServicesAmt02860
IRS990/TravelGrp/TotalAmt02860
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0104 LACOSTA LANE SUITE 130
IRS990/USAddress/CityNm0DAYTONA BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032114
IRS990/VotingMembersGoverningBodyCnt040
IRS990/VotingMembersIndependentCnt040
IRS990/WebsiteAddressTxt0WWW.VOLUSIAHOMEBUILDERS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC OLSEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03862261414
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VOLUSIA BUILDING INDUSTRY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VOLU
ReturnHeader/Filer/EIN0237329286
ReturnHeader/Filer/PhoneNum03862261414
ReturnHeader/Filer/USAddress/AddressLine1Txt0130 INTEGRA BREEZE LANE SUITE 4B
ReturnHeader/Filer/USAddress/CityNm0DAYTONA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032117
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592533085
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOLERJACK HALSEMA BOWLING & WHITE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0533 N NOVA RD SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORMOND BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032174
ReturnHeader/PreparerPersonGrp/PhoneNum03866772669
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BEVERLY A WHITE
ReturnHeader/ReturnTs02023-02-22T10:13:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DANIELS
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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