Civic Intelligence

Rolling Crest Lake Inc

990 • Fiscal year 2021 • EIN 26-4618020

Sep 01, 2020 to Aug 31, 2021 • Filed on Feb 04, 2022

610 NW 183rd Street Suite 203Miami Gardens, FL 33169

(305) 423-6399

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

27th percentile

0.00x

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

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Net Margin

5th percentile

-56%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

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

2021 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2021

Asset Growth

51st percentile

6.7%

Faster asset growth than 51% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,492,968

Up $93,755 (+6.7%) from 2020

Net Assets

Up

$1,492,968

Up $93,755 (+6.7%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$96,178

Down $103,164 (-52%) from 2020

Expenses

Down

$149,969

Down $3,500 (-2.3%) from 2020

Net Income

Down

-$53,791

Down $99,664 (-217%) from 2020

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $1,437,718Liabilities 2015: $0Net Assets 2015: $1,437,7182015Assets 2016: $1,181,237Liabilities 2016: $0Net Assets 2016: $1,181,2372016Assets 2017: $1,226,402Liabilities 2017: $0Net Assets 2017: $1,226,4022017Assets 2018: $1,341,496Liabilities 2018: $0Net Assets 2018: $1,341,4962018Assets 2019: $1,313,236Liabilities 2019: $0Net Assets 2019: $1,313,2362019Assets 2020: $1,399,213Liabilities 2020: $0Net Assets 2020: $1,399,2132020Assets 2021: $1,492,968Liabilities 2021: $0Net Assets 2021: $1,492,9682021Assets 2022: $1,271,558Liabilities 2022: $0Net Assets 2022: $1,271,5582022Assets 2025: $1,603,231Liabilities 2025: $0Net Assets 2025: $1,603,2312025

Highlighted filing

2021

Assets$1,492,968
Liabilities$0
Net Assets$1,492,968

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2015: $178,255Expenses 2015: $104,879Net Income 2015: $73,3762015Revenue 2016: $89,164Expenses 2016: $385,691Net Income 2016: -$296,5272016Revenue 2017: $158,450Expenses 2017: $158,794Net Income 2017: -$3442017Revenue 2018: $255,410Expenses 2018: $140,316Net Income 2018: $115,0942018Revenue 2019: $216,058Expenses 2019: $221,276Net Income 2019: -$5,2182019Revenue 2020: $199,342Expenses 2020: $153,469Net Income 2020: $45,8732020Revenue 2021: $96,178Expenses 2021: $149,969Net Income 2021: -$53,7912021Revenue 2022: $143,949Expenses 2022: $178,277Net Income 2022: -$34,3282022Revenue 2025: $360,332Expenses 2025: $309,288Net Income 2025: $51,0442025

Highlighted filing

2021

Revenue$96,178
Expenses$149,969
Net Income-$53,791
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Feb 4, 2022
Return Version
2020v4.0
Gross Receipts
$355,106
Mission and Program Overview

Mission

The improvement, protection and enhancement of Crestview, Rolling Oaks, and Lake Lucerne subdivisions of Miami Gardens, Florida

The improvement, protection and enhancement of Crestview, Rolling Oaks, and Lake Lucerne subdivisions of Miami Gardens Florida

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,074,031$1,253,816▲ $179,785
Cash and Non-Interest-Bearing Accounts$276,542$190,507▼ $86,035
Savings and Temporary Cash Investments$48,640$48,645▲ $5
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,399,213$1,492,968▲ $93,755
Liabilities
Other Liabilities-$0-
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,399,213$1,492,968▲ $93,755
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,399,213$1,492,968▲ $93,755
Total Liabilities and Net Assets / Fund Balance$1,399,213$1,492,968▲ $93,755

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,337$5,337
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Betty FergusonPresident
Susan SmithVice President
David DykesDirector
Josette ElyseeDirector
Sylvia PerkinsDirector
Gloria TaylorAsst Secretary
Janice SmithAsst Treasurer
Bobby WoodenSecretary
Thomas Jones JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$47,133
Program Service Revenue
$0
Investment Income
$38,023
Other Revenue
$11,022
All Other Contributions
$47,133
Change in Net Assets
$-53,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$85,156
Revenue Not Reported on Financial Statements
$11,022
Revenue Not Reported on Form 990
$147,546
Other Revenue Adjustments
$11,022
Total Revenue per Audited Statements
$232,702
Total Revenue per Form 990
$96,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,816
Grants and Similar Amounts Paid$55,153
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$55,153--$55,153
Fees for Services Legal$31,990$1,000-$32,990
Fees for Services Management$12,488$12,489-$24,977
Occupancy-$13,140-$13,140
Insurance-$7,194-$7,194
Fees for Service Investment Mgmnt Fees-$5,778-$5,778
Office Expenses$348$4,953-$5,301
Fees for Services Accounting-$3,935-$3,935
Other Expenses$0$881$0$881
Fees for Services Other$620--$620
Total Functional Expenses$100,599$49,370$0$149,969

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$156,309
Expenses per Audited Statements$149,969
Total Expenses per Form 990$149,969
Expenses Not Reported on Form 990$6,340
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sunshines Heart IncMiami Gardens, FL501c3Funds Summer Camp for 35 youth from the RCL areas$55,153
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Howard DupreeFormer board memberProvide administrative services as contractorNo$24,977

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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, Part VI, Section A, Line 7A

Residents of communities making up Organizations area vote for representatives on the Board of Directors

Form 990, Part VI, Section B, Line 11B

Board members are given copies of the draft 990 to review prior to filing

Form 990, Part VI, Section B, Line 12C

Board members annually sign off noting their compliance with conflict of interest policy

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy, and financial statements available upon written request and thru 3rd party websites

Filing and Contact Details

Filer

Filer Name
Rolling Crest Lake Inc
EIN
26-4618020
Phone
3054236399
Address
610 NW 183rd Street Suite 203, Miami Gardens, FL 33169

Signing Officer

Name
Betty Ferguson
Title
President
Phone
3054236399
Signed
2022-02-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Betty Ferguson
Formed
2008
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Steven J Henriquez CPA LLC
Address
5825 Sunset Drive 201, Miami, FL 33143
Preparer
Steven Henriquez
Phone
3054236399
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

The accompanying financial statements do not include any provisions for income taxes. The Organization is exempt from federal income tax under Internal Revenue Code Section 501(c)(4). The Organization has not incurred unrelated business income taxes. As a result, no income tax provision or liability has been provided for in the accompanying financial statements. The Organization has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States of America. Federal and state tax authorities may generally examine the Organization's income tax positions or (if applicable) returns for periods of approximately three to six years.

Schedule D, Part XI, Line 4B

Prior year grant refunds

Schedule D, Part XII, Line 2D

Accrued expenses per audit not captured in cash basis 990

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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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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Reimbursement of grant funds
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011022
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011022
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt011022
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Betty Ferguson
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0191885
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt025652
IRS990/PYInvestmentIncomeAmt07457
IRS990/PYOtherExpensesAmt0127817
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt045873
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0153469
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0199342
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-53791
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt048640
IRS990/SavingsAndTempCashInvstGrp/EOYAmt048645
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05337
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05337
IRS990ScheduleD/ExpensesNotReportedAmt06340
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0149969
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0147546
IRS990ScheduleD/OtherExpensesIncludedAmt06340
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt011022
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt0147546
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt011022
IRS990ScheduleD/RevenueSubtotalAmt085156
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The accompanying financial statements do not include any provisions for income taxes. The Organization is exempt from federal income tax under Internal Revenue Code Section 501(c)(4). The Organization has not incurred unrelated business income taxes. As a result, no income tax provision or liability has been provided for in the accompanying financial statements. The Organization has not taken any material uncertain tax positions for which the associated tax benefits may not be recognized under accounting principles generally accepted in the United States of America. Federal and state tax authorities may generally examine the Organization's income tax positions or (if applicable) returns for periods of approximately three to six years.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Prior year grant refunds
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Accrued expenses per audit not captured in cash basis 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule D, Part XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0149969
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt096178
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0232702
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0156309
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt055153
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0NA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funds Summer Camp for 35 youth from the RCL areas
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Sunshines Heart Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0463804717
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt018970 NW27 Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0Unit 202
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Miami Gardens
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033056
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0NA
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Organization obtains feedback / reporting from donee organizations periodically
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Howard Dupree
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Former board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt024977
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Provide administrative services as contractor
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Residents of communities making up Organizations area vote for representatives on the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members are given copies of the draft 990 to review prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members annually sign off noting their compliance with conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents, conflict of interest policy, and financial statements available upon written request and thru 3rd party websites
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a

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