Civic Intelligence

Friends of the Island Parks Inc.

990 • Fiscal year 2013 • EIN 27-0001681

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 27, 2014

1 Causeway Blvd34698

(727) 733-5188

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

56th percentile

0.00x

Higher debt load relative to revenue than 56% of similar nonprofits.

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

Net Margin

95th percentile

63%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

92nd percentile

105%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$283,534

Up $145,366 (+105%) from 2012

Net Assets

Up

$283,235

Up $145,384 (+105%) from 2012

Liabilities

Down

$299

Down $18 (-5.7%) from 2012

Revenue

$228,921

No earlier filing loaded for comparison.

Expenses

Down

$84,387

Down $133,515 (-61%) from 2012

Net Income

$144,534

No earlier filing loaded for comparison.

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 2010: $169,717Liabilities 2010: $731Net Assets 2010: $168,9862010Assets 2011: $185,734Liabilities 2011: $400Net Assets 2011: $185,3342011Assets 2012: $138,168Liabilities 2012: $317Net Assets 2012: $137,8512012Assets 2013: $283,534Liabilities 2013: $299Net Assets 2013: $283,2352013Assets 2014: $325,127Liabilities 2014: $368Net Assets 2014: $324,7592014Assets 2015: $392,283Liabilities 2015: $1,941Net Assets 2015: $390,3422015Assets 2016: $438,127Liabilities 2016: $901Net Assets 2016: $437,2262016Assets 2017: $587,709Liabilities 2017: $2,051Net Assets 2017: $585,6582017Assets 2018: $634,505Liabilities 2018: $2,558Net Assets 2018: $631,9472018Assets 2019: $1,599,167Liabilities 2019: $6,358Net Assets 2019: $1,592,8092019Assets 2020: $327,564Liabilities 2020: $191,949Net Assets 2020: $135,6152020Assets 2021: $116,635Liabilities 2021: $4,097Net Assets 2021: $112,5382021Assets 2022: $109,981Liabilities 2022: $5,595Net Assets 2022: $104,3862022Assets 2023: $148,530Liabilities 2023: $5,379Net Assets 2023: $143,1512023Assets 2024: $158,426Liabilities 2024: $466Net Assets 2024: $157,9602024

Highlighted filing

2013

Assets$283,534
Liabilities$299
Net Assets$283,235

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $97,4382010Expenses 2011: $89,5212011Expenses 2012: $217,9022012Revenue 2013: $228,921Expenses 2013: $84,387Net Income 2013: $144,5342013Revenue 2014: $107,791Expenses 2014: $71,532Net Income 2014: $36,2592014Revenue 2015: $139,962Expenses 2015: $66,032Net Income 2015: $73,9302015Revenue 2016: $99,974Expenses 2016: $63,375Net Income 2016: $36,5992016Revenue 2017: $214,482Expenses 2017: $84,421Net Income 2017: $130,0612017Revenue 2018: $138,797Expenses 2018: $63,039Net Income 2018: $75,7582018Revenue 2019: $119,047Expenses 2019: $83,013Net Income 2019: $36,0342019Revenue 2020: $171,495Expenses 2020: $938,609Net Income 2020: -$767,1142020Revenue 2021: $93,184Expenses 2021: $115,944Net Income 2021: -$22,7602021Revenue 2022: $122,002Expenses 2022: $128,017Net Income 2022: -$6,0152022Revenue 2023: $153,533Expenses 2023: $117,264Net Income 2023: $36,2692023Revenue 2024: $103,649Expenses 2024: $87,011Net Income 2024: $16,6382024

Highlighted filing

2013

Revenue$228,921
Expenses$84,387
Net Income$144,534
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 27, 2014
Return Version
2013v3.1
Gross Receipts
$259,909
Mission and Program Overview

Mission

Friends of the Island Parks, Inc., as provided in its bylaws, is to act as a Florida Citizen Support Organization in order to generate additional resources and support for and in the best interest of Honeymoon Island and Caladesi Island state parks, through fundraising, educational, and outreach programs. In 2019 Friends membership reached 671.

Friends of the Island Parks Inc is a CSO Citizens Support Organization. CSOs are volunteer organizations that sponsor events, raise funds, and support the goals of the various parks.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$137,851$283,235▲ $145,384
Savings and Temporary Cash Investments$30,515$164,800▲ $134,285
Investments in Publicly Traded Securities$89,678$93,669▲ $3,991
Cash and Non-Interest-Bearing Accounts$9,216$13,761▲ $4,545
Inventories for Sale or Use$8,759$7,882▼ $877
Land, Buildings, and Equipment, Net-$3,422-
Total Assets$138,168$283,534▲ $145,366
Liabilities
Accounts Payable and Accrued Expenses$317$299▼ $18
Total Liabilities$317$299▼ $18
Net Assets / Fund Balance
Total Net Assets Fund Balance$137,851$283,235▲ $145,384
Total Liabilities and Net Assets / Fund Balance$138,168$283,534▲ $145,366

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,422$43$3,465
Compensation and Service Providers

Board Members and Trustees

NameTitle
Cynthia FarrisPresident
Ray DabkowskiVice President
Barbara GreenfieldDirector
Bob MeadowsDirector
Ed SteponaitisDirector
Gabriella MullinsDirector
Jean BarnesDirector
Sally HessDirector
Shane BittakerDirector
Wayne CaseDirector
Diane HoodSecretary
George SkalkeasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$110,425
Program Service Revenue
$45,255
Investment Income
$3,604
Other Revenue
$69,637
All Other Contributions
$95,181
Change in Net Assets
$144,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$70,689
Other Expenses$13,698
Total Fundraising Expense$43
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$70,689--$70,689
Office Expenses-$4,984-$4,984
Fees for Services Accounting-$1,500-$1,500
Advertising-$615-$615
Conferences and Meetings-$385-$385
Other Expenses-$322-$322
Information Technology-$270-$270
Depreciation Depletion--$43$43
All Other Expenses-$1-$1
Total Functional Expenses$70,689$13,655$43$84,387
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
59-6007353-501c3Support Parks$23,091
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$56,612
Fundraising Direct Expenses$7,380
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$133,179$56,250$7,380$48,870
Event 2$362$362-$362
Total Events$133,541$56,612$7,380$49,232
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

EIN
27-0001681
Phone
7277335188

Signing Officer

Name
George Skalkeas
Title
Treasurer
Signed
2014-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cynthia Farris
Formed
2002
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Preparer
Joseph Garrison
Phone
7275352257
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 1,690, Grants and allocations 0, Revenue 0 Park bench, table, and swing memorial program. Placing benches, tables, and swings throughout the Honeymoon Island Park.

Form 990, Part III, Line 4D

Program Service Expenses 4,348, Grants and allocations 0, Revenue 14,681 Halloween in the Park. A chance for families to visit the park at night and celebrate a safe Halloween.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 The Friends continue to fundraising efforts specifically aimed at the completion of a discovery and interpretive center on Caladesi Island. Approximately 150,000 was earmarked for this ongoing project in 2013. Fundraising has continued in 2014 and will continue until the projects completion.

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IRS990/ProgramServiceRevenueGrp/Desc2Halloween
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12750
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IRS990/ProgSrvcAccomActy2Grp/Desc0Island Earth Days. Visitors have the opportunity to learn about the ecology of the islands, methods to protect the enviroment, enjoy nature and the Honeymoon Island Park, and have a taste of Floridas original coast, to see many types of wildlife that depend on these ecosystems and to learn about these islands that need to be protected.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt016170
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt027824
IRS990/ProgSrvcAccomActy3Grp/Desc0The Rotary Centennial Nature Center RCNC at Honeymoon Island State Park offers a variety of public ecology exhibits and educational nature tours. The Nature Center will educate visitors about Honeymoon and Caladesi Islands and the Gulf barrier islands environment and ecology. The RCNC is acts as a vistor and information center for the park. It includes a gift shop. Friends members volunteered over 8,000 hours at the RCNC during 2012. Paid 6,873 for maintenance on the RCNC paid 882 for Web Access at RCNC and other costs of 935.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08601
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IRS990/PYInvestmentIncomeAmt02106
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IRS990/PYOtherExpensesAmt022142
IRS990/PYOtherRevenueAmt049725
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0164800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0110425
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0223670
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt084721
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0113078
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0725934
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt076929
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07380
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt056250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0362
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt056612
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Caladesi Island Discovery Center
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0Sponsorship Ads
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07380
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IRS990ScheduleI/RecipientTable/CashGrantAmt023091
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt047598
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0Paid Park Costs
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support Parks
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10State of Florida
IRS990ScheduleI/RecipientTable/RecipientEIN0596007353
IRS990ScheduleI/RecipientTable/USAddress/AddressLine103800 Commonwealth Blvd
IRS990ScheduleI/RecipientTable/USAddress/City0Tallahassee
IRS990ScheduleI/RecipientTable/USAddress/State0FL
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.00$0.16$0.10$0.09$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.15$0.12$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.10$0.12$0.13$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.11$0.09$0.12$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.33$0.19$0.14$0.17$0.94$0.77
2019Detailed filing. Detailed filing data is available for this year.$1.60$0.01$1.59$0.12$0.08$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.14$0.06$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.21$0.08$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.10$0.06$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.14$0.07$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.32$0.11$0.07$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.23$0.08$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.19$0.00$0.19$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.00$0.17$0.10