Civic Intelligence

Rolling Crest Lake Inc

990 • Fiscal year 2024 • EIN 26-4618020

Sep 01, 2023 to Aug 31, 2024 • Filed on Nov 13, 2024

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

27th percentile

0.00x

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

2024 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

28th percentile

0.00x

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

2024 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

87th percentile

48%

Higher net margin than 87% of similar nonprofits.

2024 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

62nd percentile

$0

Higher top officer pay than 62% of similar nonprofits.

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

2024 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

77th percentile

16%

Faster asset growth than 77% of similar nonprofits.

2024 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

46%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,561,631

Up $290,073 (+23%) from 2022

Net Assets

Up

$1,561,631

Up $290,073 (+23%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$281,541

Up $137,592 (+96%) from 2022

Expenses

Down

$146,323

Down $31,954 (-18%) from 2022

Net Income

Up

$135,218

Up $169,546 (+494%) from 2022

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 2024: $1,561,631Liabilities 2024: $0Net Assets 2024: $1,561,6312024Assets 2025: $1,603,231Liabilities 2025: $0Net Assets 2025: $1,603,2312025

Highlighted filing

2024

Assets$1,561,631
Liabilities$0
Net Assets$1,561,631

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 2024: $281,541Expenses 2024: $146,323Net Income 2024: $135,2182024Revenue 2025: $360,332Expenses 2025: $309,288Net Income 2025: $51,0442025

Highlighted filing

2024

Revenue$281,541
Expenses$146,323
Net Income$135,218
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$2,159,411
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$1,204,910$1,414,585▲ $209,675
Cash and Non-Interest-Bearing Accounts$87,188$98,387▲ $11,199
Savings and Temporary Cash Investments$48,654$48,659▲ $5
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,340,752$1,561,631▲ $220,879
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,340,752$1,561,631▲ $220,879
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,340,752$1,561,631▲ $220,879
Total Liabilities and Net Assets / Fund Balance$1,340,752$1,561,631▲ $220,879

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$5,537$5,537
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
$151,062
Program Service Revenue
$0
Investment Income
$130,479
Other Revenue
$0
All Other Contributions
$151,062
Change in Net Assets
$135,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$76,683
Other Expenses$69,640
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$76,683--$76,683
Fees for Services Management-$19,657-$19,657
Occupancy-$16,200-$16,200
Insurance-$10,689-$10,689
Fees for Service Investment Mgmnt Fees-$6,461-$6,461
Fees for Services Accounting-$5,200-$5,200
Fees for Services Legal-$5,000-$5,000
Other Expenses$0$2,718$0$2,718
Information Technology-$1,274-$1,274
Office Expenses-$763-$763
Total Functional Expenses$76,683$69,640$0$146,323
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sunshine's Heart IncMiami Gardens, FL501c3Funds Summer Camp for 35 youth from the RCL areas$67,058
Trust Your Swing LLCHialeah, FL501c3Supported a leadership, wellness, and golf swing workshop for 40 students.$8,875
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 memberProvides administrative services to organizationNo$19,657
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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. No such requests were made during the fiscal year.

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
2024-11-13
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
0

Preparer

Firm
Steven J Henriquez CPA LLC
Address
5825 Sunset Drive 201, Miami, FL 33143
Preparer
Steven Henriquez
Phone
3054236399
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt048659
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/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05537
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05537
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt067058
IRS990ScheduleI/RecipientTable/CashGrantAmt18875
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Funds Summer Camp for 35 youth from the RCL areas
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Supported a leadership, wellness, and golf swing workshop for 40 students.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Sunshine's Heart Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Trust Your Swing LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0463804717
IRS990ScheduleI/RecipientTable/RecipientEIN1934117247
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt018970 NW 27th Ave
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt119130 S Andrews Drive
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0Unit 202
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Miami Gardens
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Hialeah
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033056
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd133015
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Organization obtains feedback / reporting from donee organizations periodically
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Howard Dupree
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Former Board member
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt019657
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Provides administrative services to organization
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. No such requests were made during the fiscal year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01340752
IRS990/TotalAssetsEOYAmt01561631
IRS990/TotalAssetsGrp/BOYAmt01340752
IRS990/TotalAssetsGrp/EOYAmt01561631
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0151062
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069640
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076683
IRS990/TotalFunctionalExpensesGrp/TotalAmt0146323
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01340752
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01561631
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt076683
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0130479
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0281541
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01340752

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