Civic Intelligence

Mdglcc Foundation Inc.

990EZ • Fiscal year 2013 • EIN 26-2291157

Jan 01, 2013 to Dec 31, 2013 • Filed on Mar 17, 2014

1130 Washington Avenue33139

(305) 673-4440

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.77x

Higher debt load relative to assets than 92% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

47th percentile

1.5%

Higher net margin than 47% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

87th percentile

$31,692

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 22.3% of source-year revenue.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

75th percentile

24%

Faster asset growth than 75% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

78th percentile

30%

Faster revenue growth than 78% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$13,513

Up $2,637 (+24%) from 2012

Net Assets

Up

$3,095

Up $2,203 (+247%) from 2012

Liabilities

Up

$10,418

Up $434 (+4.3%) from 2012

Revenue

Up

$142,182

Up $32,605 (+30%) from 2012

Expenses

Up

$139,979

Up $13,030 (+10%) from 2012

Net Income

Up

$2,203

Up $19,575 (+113%) from 2012

Historical Trend

Balance Sheet Trend

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

2013

Assets$13,513
Liabilities$10,418
Net Assets$3,095

Operations Trend

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

2013

Revenue$142,182
Expenses$139,979
Net Income$2,203
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Mar 17, 2014
Return Version
2013v3.1
Gross Receipts
$142,182
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.

Program Services

DescriptionGrantsExpenses
0$61,637$7,215
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN BROWNDirectorFT$31,692-$31,692
STEVEN N ADKINSPresidentPT$0--
JORGE RICHASecretaryPT$0--
GEORGE D NEARYDirector-$0--
MICHAEL ALLERDirector-$0--
CINDY BROWNDirector-$0--
Filing and Contact Details

Filer

EIN
26-2291157
Phone
3056734440

Signing Officer

Name
Steven N Adkins
Title
President
Phone
3056734440
Signed
2014-03-17

Preparer

Preparer
Manal Oliver
Phone
3058687620
Supplemental Narrative

Additional Explanations

Pt III, Line 31

Part iii - line 31 - program service accomplishments:

Pt III, Line 31

The mdglcc foundation exists to support the education,

Pt III, Line 31

Travel, and tourism outreach efforts of the miami-dade

Pt III, Line 31

Gay & lesbian chamber of commerce. The mdglcc foundation

Pt III, Line 31

Provides educational programs, seminars, and fundraising

Pt III, Line 31

Opportunities in addition to conducting diversity outreach and

Pt III, Line 31

Educational training for entrepreneurs.

Form 990EZ, Part I, Line 8

Lease income 32180. Advertising sponsorship 7000. Networking income 1000. Community ticketing 10492. Miscellaneous 50.

Form 990EZ, Part I, Line 16

Administrative expenses 3479. Advertising 35944. Conferences, travel 2583. Depreciation 685. Meals 1043. Other expenses 3548. Payroll taxes 3128. Program & event expenses 5397. Taxes & registrations 186.

Form 990EZ, Part II, Line 24

Security deposit 8477. 8477. Furniture & fixtures - net 2399. 1714.

Form 990EZ, Part II, Line 26

Deposit payable 1000. 1000. Due to affiliate 8150. 8950. Payroll liabilities 666. 468. Bank overdraft 168.

Raw XML Appendix176 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/OfficerDirectorTrusteeEmplGrp/PersonNm3MICHAEL ALLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KAREN BROWN
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/PrimaryExemptPurposeTxt0PRIMARY 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.
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART III - LINE 31 - PROGRAM SERVICE ACCOMPLISHMENTS:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MDGLCC FOUNDATION EXISTS TO SUPPORT THE EDUCATION,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRAVEL, AND TOURISM OUTREACH EFFORTS OF THE MIAMI-DADE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GAY & LESBIAN CHAMBER OF COMMERCE. THE MDGLCC FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROVIDES EDUCATIONAL PROGRAMS, SEMINARS, AND FUNDRAISING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OPPORTUNITIES IN ADDITION TO CONDUCTING DIVERSITY OUTREACH AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6EDUCATIONAL TRAINING FOR ENTREPRENEURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LEASE INCOME 32180. ADVERTISING SPONSORSHIP 7000. NETWORKING INCOME 1000. COMMUNITY TICKETING 10492. MISCELLANEOUS 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ADMINISTRATIVE EXPENSES 3479. ADVERTISING 35944. CONFERENCES, TRAVEL 2583. DEPRECIATION 685. MEALS 1043. OTHER EXPENSES 3548. PAYROLL TAXES 3128. PROGRAM & EVENT EXPENSES 5397. TAXES & REGISTRATIONS 186.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SECURITY DEPOSIT 8477. 8477. FURNITURE & FIXTURES - NET 2399. 1714.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DEPOSIT PAYABLE 1000. 1000. DUE TO AFFILIATE 8150. 8950. PAYROLL LIABILITIES 666. 468. BANK OVERDRAFT 168.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part II, Line 26
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVEN N ADKINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03056734440
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-03-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10MDGLCC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MDGL
ReturnHeader/Filer/EIN0262291157
ReturnHeader/Filer/PhoneNum03056734440
ReturnHeader/Filer/USAddress/AddressLine101130 WASHINGTON AVENUE
ReturnHeader/Filer/USAddress/City0MIAMI BEACH
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode033139
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MANAL OLIVER & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10301 W 41ST STREET SUITE 501
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0MIAMI BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode033140
ReturnHeader/PreparerPersonGrp/PhoneNum03058687620
ReturnHeader/PreparerPersonGrp/PreparationDt02014-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MANAL OLIVER
ReturnHeader/ReturnTs02014-08-15T13:37:53-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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