Civic Intelligence

Mdglcc Foundation Inc.

990EZ • Fiscal year 2012 • EIN 26-2291157

Jan 01, 2012 to Dec 31, 2012 • Filed on May 15, 2013

Organization ProfileN/A
1130 Washing Avenue 1st Floor33139
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.92x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

19th percentile

-16%

Higher net margin than 19% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2012

Balance Sheet
Liabilities / Assets93rd percentile

Assets

$10,876

No earlier filing loaded for comparison.

Net Assets

$892

No earlier filing loaded for comparison.

Liabilities

$9,984

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin19th percentile

Revenue

$109,577

No earlier filing loaded for comparison.

Expenses

$126,949

No earlier filing loaded for comparison.

Net Income

-$17,372

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$60K$40K$20K$0-$20KAssets 2012: $10,876Liabilities 2012: $9,984Net Assets 2012: $8922012Assets 2013: $13,513Liabilities 2013: $10,418Net Assets 2013: $3,0952013Assets 2014: $12,926Liabilities 2014: $10,279Net Assets 2014: $2,6472014Assets 2015: $12,597Liabilities 2015: $12,127Net Assets 2015: $4702015Assets 2016: $17,285Liabilities 2016: $11,977Net Assets 2016: $5,3082016Assets 2017: $8,678Liabilities 2017: $17,627Net Assets 2017: -$8,9492017Assets 2018: $18,172Liabilities 2018: $12,120Net Assets 2018: $6,0522018Assets 2019: $18,640Liabilities 2019: $8,977Net Assets 2019: $9,6632019Assets 2020: $24,090Liabilities 2020: $1,163Net Assets 2020: $22,9272020Assets 2021: $52,531Liabilities 2021: $32,165Net Assets 2021: $20,3662021Assets 2022: $41,200Liabilities 2022: $32,165Net Assets 2022: $9,0352022Assets 2023: $42,555Liabilities 2023: $25,477Net Assets 2023: $17,0782023Assets 2024: $36,481Liabilities 2024: $4,000Net Assets 2024: $32,4812024

Highlighted filing

2012

Assets$10,876
Liabilities$9,984
Net Assets$892
Open 2012 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2012: $109,577Expenses 2012: $126,949Net Income 2012: -$17,3722012Revenue 2013: $142,182Expenses 2013: $139,979Net Income 2013: $2,2032013Revenue 2014: $139,249Expenses 2014: $139,697Net Income 2014: -$4482014Revenue 2015: $152,655Expenses 2015: $154,832Net Income 2015: -$2,1772015Revenue 2016: $163,286Expenses 2016: $158,448Net Income 2016: $4,8382016Revenue 2017: $178,155Expenses 2017: $192,412Net Income 2017: -$14,2572017Revenue 2018: $107,501Expenses 2018: $92,500Net Income 2018: $15,0012018Revenue 2019: $68,936Expenses 2019: $65,325Net Income 2019: $3,6112019Revenue 2020: $46,133Expenses 2020: $32,869Net Income 2020: $13,2642020Revenue 2021: $81,750Expenses 2021: $84,311Net Income 2021: -$2,5612021Revenue 2022: $72,488Expenses 2022: $83,819Net Income 2022: -$11,3312022Revenue 2023: $102,587Expenses 2023: $94,544Net Income 2023: $8,0432023Revenue 2024: $125,629Expenses 2024: $120,207Net Income 2024: $5,4222024

Highlighted filing

2012

Revenue$109,577
Expenses$126,949
Net Income-$17,372
Open 2012 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
May 15, 2013
Return Version
2012v2.0
Mission and Program Overview

Mission

Primary exempt purpose - the mdglcc foundation exists to support the education, travel, and tourism outreach efforts of the miami-dade gay & lesbian chamber of commerce. The mdglcc foundation provides educational programs, seminars, and fundraising opportunities in addition to conducting diversity outreach and educational training for entrepreneurs.

Filing and Contact Details

Filer

EIN
26-2291157
Raw XML Appendix165 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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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1MICHAEL VITA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2GEORGE D NEARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3MICHAEL ALLER
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IRS990EZ/SumOfTotalLiabilities/EOY09984
IRS990EZ/TanningServicesProvided0false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10301 W 41ST STREET
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0MIAMIA BEACH
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0FL
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode033140
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IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
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IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years035890
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IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
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IRS990ScheduleO/GeneralExplanation/Explanation0PART III - PRIMARY EXEMPT PURPOSE - THE MDGLCC FOUNDATION EXISTS
IRS990ScheduleO/GeneralExplanation/Explanation1TO SUPPORT THE EDUCATION, TRAVEL, AND TOURISM OUTREACH EFFORTS
IRS990ScheduleO/GeneralExplanation/Explanation2OF THE MIAMI-DADE GAY & LESBIAN CHAMBER OF COMMERCE. THE
IRS990ScheduleO/GeneralExplanation/Explanation3MDGLCC FOUNDATION PROVIDES EDUCATIONAL PROGRAMS,
IRS990ScheduleO/GeneralExplanation/Explanation4SEMINARS, AND FUNDRAISING OPPORTUNITIES IN ADDITION
IRS990ScheduleO/GeneralExplanation/Explanation5TO CONDUCTING DIVERSITY OUTREACH AND EDUCATIONAL
IRS990ScheduleO/GeneralExplanation/Explanation6TRAINING FOR ENTREPRENEURS.
IRS990ScheduleO/GeneralExplanation/Explanation7PART III - LINE 28 - PROGRAM SERVICE ACCOMPLISHMENTS:
IRS990ScheduleO/GeneralExplanation/Explanation8THE MDGLCC FOUNDATION EXISTS TO SUPPORT THE EDUCATION,
IRS990ScheduleO/GeneralExplanation/Explanation9TRAVEL, AND TOURISM OUTREACH EFFORTS OF THE MIAMI-DADE
IRS990ScheduleO/GeneralExplanation/Explanation10GAY & LESBIAN CHAMBER OF COMMERCE. THE MDGLCC FOUNDATION
IRS990ScheduleO/GeneralExplanation/Explanation11PROVIDES EDUCATIONAL PROGRAMS, SEMINARS, AND FUNDRAISING
IRS990ScheduleO/GeneralExplanation/Explanation12OPPORTUNITIES IN ADDITION TO CONDUCTING DIVERSITY OUTREACH AND
IRS990ScheduleO/GeneralExplanation/Explanation13EDUCATIONAL TRAINING FOR ENTREPRENEURS.
IRS990ScheduleO/GeneralExplanation/Explanation14LEASE INCOME 31580. ADVERTISING SPONSORSHIP 25000.
IRS990ScheduleO/GeneralExplanation/Explanation15ADMINISTRATIVE EXPENSES 2256. ADVERTISING 25347. TAXES & REGISTRATIONS 189. PAYROLL TAXES 2971. OTHER EXPENSES 592. INSURANCE 280. MEALS 512. DEPRECIATION 960.
IRS990ScheduleO/GeneralExplanation/Explanation16SECURITY DEPOSIT 8477. FURNITURE & FIXTURES - NET 2399.
IRS990ScheduleO/GeneralExplanation/Explanation17DEPOSIT PAYABLE 1000. 1000. DUE TO AFFILIATE 8150. PAYROLL LIABILITIES 666. BANK OVERDRAFT 168.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990EZ, Part I, Line 8
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990EZ, Part I, Line 16
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990EZ, Part II, Line 24
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/Filer/EIN0262291157
ReturnHeader/Filer/Name/BusinessNameLine10MDGLCC FOUNDATION INC
ReturnHeader/Filer/NameControl0MDGL
ReturnHeader/Filer/Phone03056734440
ReturnHeader/Filer/USAddress/AddressLine101130 WASHING AVENUE 1ST FLOOR
ReturnHeader/Filer/USAddress/City0MIAMI BEACH
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode033139
ReturnHeader/Officer/DateSigned02013-05-15
ReturnHeader/Officer/Name0STEVEN N ADKINS
ReturnHeader/Officer/Phone03056734440
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/Preparer/DatePrepared02013-08-13
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10MANAL OLIVER & ASSOCIATES INC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10301 W 41ST STREET SUITE 501
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0MIAMI BEACH
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode033140
ReturnHeader/Preparer/Name0MANAL OLIVER
ReturnHeader/Preparer/Phone03058687620
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02012-01-01
ReturnHeader/TaxPeriodEndDate02012-12-31
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02013-08-13T08:05:51-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2012 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$10,876
Liabilities
$9,984
Net assets
$892
Revenue
$109,577
Expenses
$126,949
Net income
-$17,372
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.04$0.32$1.26$1.20$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.25$0.17$1.03$0.95$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.32$0.09$0.72$0.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.32$0.20$0.82$0.84$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.23$0.46$0.33$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.09$0.10$0.69$0.65$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.12$0.06$1.08$0.93$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.09$0.18$0.09$1.78$1.92$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.12$0.05$1.63$1.58$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.13$0.12$0.00$1.53$1.55$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.10$0.03$1.39$1.40$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.10$0.03$1.42$1.40$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.10$0.01$1.10$1.27$0.17