Civic Intelligence

Venice Port Coalition Inc

990 • Fiscal year 2018 • EIN 26-3117401

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 08, 2018

8311 Hwy 23Belle Chasse, LA 70037

(504) 394-1870

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.00x

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Net Margin

1st percentile

-1307%

Higher net margin than 1% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

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

2018 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2018

Asset Growth

37th percentile

-0.8%

Faster asset growth than 37% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$674,621

Down $5,606 (-0.8%) from 2017

Net Assets

Down

$674,621

Down $5,606 (-0.8%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$429

Down $25,037 (-98%) from 2017

Expenses

Down

$6,035

Down $500 (-7.7%) from 2017

Net Income

Down

-$5,606

Down $24,537 (-130%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2013: $541,642Liabilities 2013: $0Net Assets 2013: $541,6422013Assets 2014: $550,450Liabilities 2014: $0Net Assets 2014: $550,4502014Assets 2015: $600,268Liabilities 2015: $0Net Assets 2015: $600,2682015Assets 2016: $661,296Liabilities 2016: $0Net Assets 2016: $661,2962016Assets 2017: $680,227Liabilities 2017: $0Net Assets 2017: $680,2272017Assets 2018: $674,621Liabilities 2018: $0Net Assets 2018: $674,6212018Assets 2019: $669,043Liabilities 2019: $0Net Assets 2019: $669,0432019Assets 2020: $667,838Liabilities 2020: $0Net Assets 2020: $667,8382020Assets 2021: $660,897Liabilities 2021: $0Net Assets 2021: $660,8972021Assets 2022: $660,488Liabilities 2022: $0Net Assets 2022: $660,4882022Assets 2023: $669,084Liabilities 2023: $0Net Assets 2023: $669,0842023Assets 2024: $697,405Liabilities 2024: $0Net Assets 2024: $697,4052024Assets 2025: $723,963Liabilities 2025: $0Net Assets 2025: $723,9632025

Highlighted filing

2018

Assets$674,621
Liabilities$0
Net Assets$674,621

Operations Trend

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

$80K$60K$40K$20K$0-$20KExpenses 2013: $5,6322013Revenue 2014: $13,500Expenses 2014: $4,692Net Income 2014: $8,8082014Revenue 2015: $55,500Expenses 2015: $5,682Net Income 2015: $49,8182015Revenue 2016: $66,446Expenses 2016: $5,418Net Income 2016: $61,0282016Revenue 2017: $25,466Expenses 2017: $6,535Net Income 2017: $18,9312017Revenue 2018: $429Expenses 2018: $6,035Net Income 2018: -$5,6062018Revenue 2019: $430Expenses 2019: $6,008Net Income 2019: -$5,5782019Revenue 2020: $1,307Expenses 2020: $2,512Net Income 2020: -$1,2052020Revenue 2021: $830Expenses 2021: $7,771Net Income 2021: -$6,9412021Revenue 2022: $3,613Expenses 2022: $4,022Net Income 2022: -$4092022Revenue 2023: $12,606Expenses 2023: $4,010Net Income 2023: $8,5962023Revenue 2024: $32,571Expenses 2024: $4,250Net Income 2024: $28,3212024Revenue 2025: $30,543Expenses 2025: $3,985Net Income 2025: $26,5582025

Highlighted filing

2018

Revenue$429
Expenses$6,035
Net Income-$5,606
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 8, 2018
Return Version
2017v2.2
Gross Receipts
$429
Mission and Program Overview

Mission

To promote improvements to infrastructure in the form of improved highway access, improvement, and maintenance of navigable waterways in and adjacent to Venice, LA

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$680,227$674,621▼ $5,606
Rtn Earn Endowment Incm Other Fnds$680,227$674,621▼ $5,606
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$680,227$674,621▼ $5,606
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$680,227$674,621▼ $5,606
Total Liabilities and Net Assets / Fund Balance$680,227$674,621▼ $5,606
Compensation and Service Providers

Board Members and Trustees

NameTitle
Leonard MistichVice Chairman
Borden WallaceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$429
Other Revenue
$0
Change in Net Assets
$-5,606
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,035
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
Other Expenses---$5,500
Fees for Services Accounting---$535
Total Functional Expenses$0$0$0$6,035
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Venice Port Coalition Inc
EIN
26-3117401
Address
8311 Hwy 23, Belle Chasse, LA 70037

Signing Officer

Name
George Pivach
Title
Attorney
Signed
2018-10-08
Discuss with paid preparer
Yes

Organization Details

Formed
2008
Legal Domicile
La
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Camnetar & Co CPAs APAC
Address
2550 Belle Chasse Highway Ste 170, Gretna, LA 70053
Preparer
Edward L Camnetar Jr
Phone
5043622544
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