Civic Intelligence

Starbrite Foundation Inc

990 • Fiscal year 2014 • EIN 26-4383559

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

9155 Barrel Factory RdHastings, FL 32145-5425

(904) 631-8816

Siviq Scores

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

Liabilities / Assets

87th percentile

0.42x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

52nd percentile

4.1%

Higher net margin than 52% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

85th percentile

$27,724

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

71st percentile

19%

Faster asset growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

73rd percentile

21%

Faster revenue growth than 73% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$4,564

Up $743 (+19%) from 2013

Net Assets

Up

$2,637

Up $10,663 (+133%) from 2013

Liabilities

Down

$1,927

Down $9,920 (-84%) from 2013

Revenue

Up

$260,689

Up $45,263 (+21%) from 2013

Expenses

Up

$250,026

Up $21,558 (+9.4%) from 2013

Net Income

Up

$10,663

Up $23,705 (+182%) from 2013

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0-$5.0K-$10KAssets 2011: $5,808Liabilities 2011: $1,161Net Assets 2011: $4,6472011Assets 2012: $5,764Liabilities 2012: $748Net Assets 2012: $5,0162012Assets 2013: $3,821Liabilities 2013: $11,847Net Assets 2013: -$8,0262013Assets 2014: $4,564Liabilities 2014: $1,927Net Assets 2014: $2,6372014Assets 2015: $2,245Liabilities 2015: $1,824Net Assets 2015: $4212015Assets 2016: $1,929Liabilities 2016: $1,922Net Assets 2016: $72016Assets 2017: $5,742Liabilities 2017: $1,917Net Assets 2017: $3,8252017Assets 2018: $318Liabilities 2018: $1,432Net Assets 2018: -$1,1142018Assets 2019: $4,227Liabilities 2019: $1,428Net Assets 2019: $2,7992019Assets 2020: $9,089Liabilities 2020: $1,782Net Assets 2020: $7,3072020Assets 2021: $1,552Liabilities 2021: $1,775Net Assets 2021: -$2232021Assets 2022: $41Liabilities 2022: $1,754Net Assets 2022: -$1,7132022Assets 2023: $381Liabilities 2023: $481Net Assets 2023: -$1002023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2014

Assets$4,564
Liabilities$1,927
Net Assets$2,637

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $198,6582011Expenses 2012: $179,7692012Revenue 2013: $215,426Expenses 2013: $228,468Net Income 2013: -$13,0422013Revenue 2014: $260,689Expenses 2014: $250,026Net Income 2014: $10,6632014Revenue 2015: $205,997Expenses 2015: $208,213Net Income 2015: -$2,2162015Revenue 2016: $217,252Expenses 2016: $217,666Net Income 2016: -$4142016Revenue 2017: $173,469Expenses 2017: $169,651Net Income 2017: $3,8182017Revenue 2018: $174,267Expenses 2018: $179,206Net Income 2018: -$4,9392018Revenue 2019: $162,391Expenses 2019: $158,478Net Income 2019: $3,9132019Revenue 2020: $156,908Expenses 2020: $152,400Net Income 2020: $4,5082020Revenue 2021: $144,561Expenses 2021: $152,091Net Income 2021: -$7,5302021Revenue 2022: $147,929Expenses 2022: $149,419Net Income 2022: -$1,4902022Revenue 2023: $118,469Expenses 2023: $116,856Net Income 2023: $1,6132023Revenue 2024: $115Expenses 2024: $15Net Income 2024: $1002024

Highlighted filing

2014

Revenue$260,689
Expenses$250,026
Net Income$10,663
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$260,689
Mission and Program Overview

Mission

Starbrite stables equestrian foundation is an organization making a positive difference for children living with social, emotional, or physical challenges including terminal illness. Participating children develop confidence, integrity and responsibility through mentoring and peer relationships contered on the care and enjoyment of horses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$-8,026$2,637▲ $10,663
Land, Buildings, and Equipment, Net$3,214$2,296▼ $918
Cash and Non-Interest-Bearing Accounts$607$2,268▲ $1,661
Total Assets$3,821$4,564▲ $743
Liabilities
Other Liabilities$11,847$1,927▼ $9,920
Total Liabilities$11,847$1,927▼ $9,920
Net Assets / Fund Balance
Total Net Assets Fund Balance$-8,026$2,637▲ $10,663
Total Liabilities and Net Assets / Fund Balance$3,821$4,564▲ $743

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,296$8,204$10,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ginger DupontBoard MemberFT$27,724$27,724

Board Members and Trustees

NameTitle
Michael E BurtonPresident/bo
Jean SchlievertBoard Member
Cynthia S BurtonExec Directo
Revenue and Support

Revenue Composition

Contributions and Grants
$178,760
Program Service Revenue
$81,929
Investment Income
$0
Other Revenue
$0
All Other Contributions
$178,760
Change in Net Assets
$10,663
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$146,256
Salaries, Compensation, and Employee Benefits$103,770
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$86,211--$86,211
All Other Expenses$25,583$214-$25,797
Other Expenses$13,765--$13,765
Other Employee Benefits$11,107--$11,107
Payroll Taxes$6,452--$6,452
Office Expenses-$1,709-$1,709
Depreciation Depletion$918--$918
Conferences and Meetings$472--$472
Fees for Services Accounting-$361-$361
Advertising$210--$210
Total Functional Expenses$247,742$2,284$0$250,026
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
941 Payable$1,927
Notes Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Page 6, Part VI, Line 11B

Distributed form 990 to all board members. Board members are to review and approve the return before filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Starbrite Foundation Inc
EIN
26-4383559
Phone
9046318816
Address
9155 BARREL FACTORY RD, HASTINGS, FL 32145-5425

Signing Officer

Name
Michael E Burton
Title
President/board Mbr
Phone
9046318816
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Burton
Formed
2009
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
0
Employees
3

Preparer

Firm
Ringeisen & Worrell Pa
Address
818 A1A N STE 100, PONTE VEDRA BEACH, FL 32082-3296
Preparer
Harold L Ringeisen CPA
Phone
9042800771
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Starbrite stables equestrian foundation is an organization making a positive difference for children living with social, emotional, or physical challenges including terminal illness. Participating children develop confidence, integrity and responsibility through mentoring and peer relationships contered on the care and enjoyment of horses.

Form 990, Part IX, Line 24E

Utilities 8,047 0 0 veterinary service 7,462 0 0 sanitation 3,012 0 0 ferrier expense 2,418 0 0 equip rental & maintenanc 2,155 0 0 tack 2,135 0 0 training 350 0 0 bank charges 0 214 0 payroll processing fees 4 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0STARBRITE STABLES EQUESTRIAN FOUNDATION IS AN ORGANIZATION MAKING A POSITIVE DIFFERENCE FOR CHILDREN LIVING WITH SOCIAL, EMOTIONAL, OR PHYSICAL CHALLENGES INCLUDING TERMINAL ILLNESS. PARTICIPATING CHILDREN DEVELOP CONFIDENCE, INTEGRITY AND RESPONSIBILITY THROUGH MENTORING AND PEER RELATIONSHIPS CONTERED ON THE CARE AND ENJOYMENT OF HORSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DISTRIBUTED FORM 990 TO ALL BOARD MEMBERS. BOARD MEMBERS ARE TO REVIEW AND APPROVE THE RETURN BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES 8,047 0 0 VETERINARY SERVICE 7,462 0 0 SANITATION 3,012 0 0 FERRIER EXPENSE 2,418 0 0 EQUIP RENTAL & MAINTENANC 2,155 0 0 TACK 2,135 0 0 TRAINING 350 0 0 BANK CHARGES 0 214 0 PAYROLL PROCESSING FEES 4 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03821
IRS990/TotalAssetsEOYAmt04564
IRS990/TotalAssetsGrp/BOYAmt03821
IRS990/TotalAssetsGrp/EOYAmt04564
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0178760
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02284
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0247742
IRS990/TotalFunctionalExpensesGrp/TotalAmt0250026
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011847
IRS990/TotalLiabilitiesEOYAmt01927
IRS990/TotalLiabilitiesGrp/BOYAmt011847
IRS990/TotalLiabilitiesGrp/EOYAmt01927
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-8026
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02637
IRS990/TotalProgramServiceExpensesAmt0247742
IRS990/TotalProgramServiceRevenueAmt081929
IRS990/TotalReportableCompFromOrgAmt027724
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt081929
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260689
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03821
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04564
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09155 BARREL FACTORY RD
IRS990/USAddress/CityNm0HASTINGS
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0321455425
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.STARBRITEFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL E BURTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/BOARD MBR
ReturnHeader/BusinessOfficerGrp/PhoneNum09046318816
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STARBRITE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0STAR
ReturnHeader/Filer/EIN0264383559
ReturnHeader/Filer/PhoneNum09046318816
ReturnHeader/Filer/USAddress/AddressLine1Txt09155 BARREL FACTORY RD
ReturnHeader/Filer/USAddress/CityNm0HASTINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0321455425
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593263543
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RINGEISEN & WORRELL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0818 A1A N STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PONTE VEDRA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0320823296
ReturnHeader/PreparerPersonGrp/PhoneNum09042800771
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HAROLD L RINGEISEN CPA
ReturnHeader/ReturnTs02015-11-11T14:47:38-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$1.18$1.17$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.02$0.02$1.48$1.49$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$1.45$1.52$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$1.57$1.52$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$1.62$1.58$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.01$0.01$1.74$1.79$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.02$0.04$1.73$1.70$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$2.17$2.18$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$2.06$2.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$2.61$2.50$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.12$0.08$2.15$2.28$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$1.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$1.99