Civic Intelligence

Sfmv Inc.

990 • Fiscal year 2013 • EIN 27-0926743

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

1420 State Street34236

(941) 378-8435

Siviq Scores

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

Liabilities / Assets

89th percentile

0.43x

Higher debt load relative to assets than 89% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.01x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Net Margin

44th percentile

0.5%

Higher net margin than 44% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Top Officer Pay

85th percentile

$48,269

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 24.5% of source-year revenue.

2013 filings • 501(c)6 • <$500k nonprofits • Source year 2013

Asset Growth

90th percentile

54%

Faster asset growth than 90% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

70th percentile

12%

Faster revenue growth than 70% of similar nonprofits.

2013 filings • 501(c)6 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$5,454

Up $1,901 (+54%) from 2012

Net Assets

Up

$3,135

Up $1,065 (+51%) from 2012

Liabilities

Up

$2,319

Up $836 (+56%) from 2012

Revenue

Up

$197,204

Up $21,670 (+12%) from 2012

Expenses

Up

$196,139

Up $20,154 (+11%) from 2012

Net Income

Up

$1,065

Up $1,516 (+336%) from 2012

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2010: $6,204Liabilities 2010: $1,154Net Assets 2010: $5,0502010Assets 2012: $3,553Liabilities 2012: $1,483Net Assets 2012: $2,0702012Assets 2013: $5,454Liabilities 2013: $2,319Net Assets 2013: $3,1352013Assets 2014: $8,924Liabilities 2014: $1,872Net Assets 2014: $7,0522014Assets 2016: $4,356Liabilities 2016: $1,814Net Assets 2016: $2,5422016Assets 2017: $3,546Liabilities 2017: $1,817Net Assets 2017: $1,7292017Assets 2018: $1,386Liabilities 2018: $3,332Net Assets 2018: -$1,9462018Assets 2019: $556Liabilities 2019: $2,580Net Assets 2019: -$2,0242019Assets 2020: $969Liabilities 2020: $19,065Net Assets 2020: -$18,0962020Assets 2021: $66,566Liabilities 2021: $806Net Assets 2021: $65,7602021Assets 2022: $81,086Liabilities 2022: $955Net Assets 2022: $80,1312022Assets 2023: $61,854Liabilities 2023: $792Net Assets 2023: $61,0622023Assets 2024: $28,935Liabilities 2024: $407Net Assets 2024: $28,5282024

Highlighted filing

2013

Assets$5,454
Liabilities$2,319
Net Assets$3,135

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $107,821Expenses 2010: $109,872Net Income 2010: -$2,0512010Revenue 2012: $175,534Expenses 2012: $175,985Net Income 2012: -$4512012Revenue 2013: $197,204Expenses 2013: $196,139Net Income 2013: $1,0652013Revenue 2014: $222,538Expenses 2014: $218,621Net Income 2014: $3,9172014Revenue 2016: $182,512Expenses 2016: $189,623Net Income 2016: -$7,1112016Revenue 2017: $194,221Expenses 2017: $195,034Net Income 2017: -$8132017Revenue 2018: $221,563Expenses 2018: $225,238Net Income 2018: -$3,6752018Revenue 2019: $186,412Expenses 2019: $186,490Net Income 2019: -$782019Revenue 2020: $131,493Expenses 2020: $147,565Net Income 2020: -$16,0722020Revenue 2021: $232,360Expenses 2021: $148,504Net Income 2021: $83,8562021Revenue 2022: $175,430Expenses 2022: $161,059Net Income 2022: $14,3712022Revenue 2023: $192,308Expenses 2023: $211,377Net Income 2023: -$19,0692023Revenue 2024: $190,739Expenses 2024: $223,273Net Income 2024: -$32,5342024

Highlighted filing

2013

Revenue$197,204
Expenses$196,139
Net Income$1,065
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 14, 2014
Return Version
2013v3.0
Gross Receipts
$200,012
Mission and Program Overview

Mission

To provide an organized venue and a structured organization for the members to market and sell their products to the sarasota community in the downtown sarasota area.

The organization is committed to continuing the 30-year tradition of enhancing and improving the quality of life in sarasota. Our mission is to create a social opportunity for residents and visitors to gather and interact, to bring foot traffic to downtown sarasota sustaining the economic viability of the entire downtown area, and to provide a venue for other not for profit organizations benefiting sarasota. Inherent in our mission is educating consumers and sharing knowledge about the products and services of local farmers, local businesses, and local artisans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$5,026▲ $5,026
Cash and Non-Interest-Bearing Accounts$3,263$75▼ $3,188
Accounts Receivable$0$53▲ $53
Total Assets$3,553$5,454▲ $1,901
Other Assets Total$290$300▲ $10
Liabilities
Other Liabilities$1,483$1,601▲ $118
Accounts Payable and Accrued Expenses$0$718▲ $718
Total Liabilities$1,483$2,319▲ $836
Net Assets / Fund Balance
Unrestricted Net Assets$2,070$3,135▲ $1,065
Total Net Assets Fund Balance$2,070$3,135▲ $1,065
Total Liabilities and Net Assets / Fund Balance$3,553$5,454▲ $1,901

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$5,026$186$5,212
Other Assets Org$300--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Phil PaganoMarket ManagerFT$48,269$48,269

Board Members and Trustees

NameTitle
Brian GlassmoyerChairman
Jim UrbaniakVice Chair
Alan ToyDirector
Carmel MontyDirector
Charlie CrowleyDirector
Henry FordDirector
Jan BollardDirector
Jennifer RobinsonDirector
Jerry LevineDirector
Tim BrownDirector
Travis KinseyDirector
Sean DuadeSecretary
Joy ZavadaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$185,784
Investment Income
$0
Other Revenue
$11,420
Change in Net Assets
$1,065
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,521
Salaries, Compensation, and Employee Benefits$77,618
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$48,269
Advertising---$27,812
Other Salaries and Wages---$23,332
Occupancy---$19,560
All Other Expenses---$8,454
Payroll Taxes---$6,017
Other Expenses---$5,981
Office Expenses---$5,244
Fees for Services Accounting---$4,945
Information Technology---$3,307
Insurance---$2,959
Fees for Services Other---$614
Depreciation Depletion---$186
Total Functional Expenses$0$0$0$196,139
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,404
Fundraising Direct Expenses$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$827
Payroll Tax Payable$774
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership and voting privileges shall accrue to those vendors who have been approved by the board to participate in the market. Each vendor receives one vote. A vendor may be an individual, farm, or business who by abiding by all of the corporation's rules, policies and procedures shall be considered in good standing.

Form 990, Part VI, Section A, Line 7A

Members are invited to an annual meeting where the board is elected.

Form 990, Part VI, Section A, Line 7B

Members are invited to an annual meeting and any changes to the by-laws are approved.

Form 990, Part VI, Section A, Line 8B

No committee has governing authority. All board meetings are recorded and all decisions are made by the board of directors.

Form 990, Part VI, Section B, Line 11

Tax return is prepared by a cpa and reviewed by the board chairman. It is then given to all board members for questions and approval.

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

Board members sign a new conflict of interest policy every year.

Form 990, Part VI, Section B, Line 15A

A performance review as well as a comparison of other farmer market salaries is conducted.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

EIN
27-0926743
Phone
9413788435

Signing Officer

Name
Brian Glassmoyer
Title
Chairman
Phone
9413788435
Signed
2014-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Glassmoyer
Formed
2009
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
32

Preparer

Preparer
Rebecca U Stoner
Phone
9413654617
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6 Volunteers

Board members are all volunteers, as are various committees, such as sponsorship, marketing plus 2 volunteers that run the information booth.

Raw XML Appendix388 raw XML fields

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/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0FARMERS MARKET RENTS
IRS990/ProgramServiceRevenueGrp/Desc1VETERAN SPONSORSHIP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0175784
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0175784
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt090
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0110593
IRS990/PYOtherRevenueAmt09239
IRS990/PYProgramServiceRevenueAmt0166205
IRS990/PYRevenuesLessExpensesAmt0-451
IRS990/PYSalariesCompEmpBnftPaidAmt065392
IRS990/PYTotalExpensesAmt0175985
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0175534
IRS990/ReconcilationRevenueExpnssAmt01065
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0300
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05026
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0186
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05212
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0827
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1774
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05026
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0300
IRS990ScheduleD/TotalLiabilityAmt01601
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ARE ALL VOLUNTEERS, AS ARE VARIOUS COMMITTEES, SUCH AS SPONSORSHIP, MARKETING PLUS 2 VOLUNTEERS THAT RUN THE INFORMATION BOOTH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERSHIP AND VOTING PRIVILEGES SHALL ACCRUE TO THOSE VENDORS WHO HAVE BEEN APPROVED BY THE BOARD TO PARTICIPATE IN THE MARKET. EACH VENDOR RECEIVES ONE VOTE. A VENDOR MAY BE AN INDIVIDUAL, FARM, OR BUSINESS WHO BY ABIDING BY ALL OF THE CORPORATION'S RULES, POLICIES AND PROCEDURES SHALL BE CONSIDERED IN GOOD STANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE INVITED TO AN ANNUAL MEETING WHERE THE BOARD IS ELECTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS ARE INVITED TO AN ANNUAL MEETING AND ANY CHANGES TO THE BY-LAWS ARE APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO COMMITTEE HAS GOVERNING AUTHORITY. ALL BOARD MEETINGS ARE RECORDED AND ALL DECISIONS ARE MADE BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAX RETURN IS PREPARED BY A CPA AND REVIEWED BY THE BOARD CHAIRMAN. IT IS THEN GIVEN TO ALL BOARD MEMBERS FOR QUESTIONS AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOARD MEMBERS SIGN A NEW CONFLICT OF INTEREST POLICY EVERY YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7A PERFORMANCE REVIEW AS WELL AS A COMPARISON OF OTHER FARMER MARKET SALARIES IS CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 6 VOLUNTEERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03553
IRS990/TotalAssetsEOYAmt05454
IRS990/TotalAssetsGrp/BOYAmt03553
IRS990/TotalAssetsGrp/EOYAmt05454
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/TotalAmt0196139
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01483
IRS990/TotalLiabilitiesEOYAmt02319
IRS990/TotalLiabilitiesGrp/BOYAmt01483
IRS990/TotalLiabilitiesGrp/EOYAmt02319
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02070
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03135
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0185784
IRS990/TotalReportableCompFromOrgAmt048269
IRS990/TotalRevenueGrp/ExclusionAmt011420
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0185784
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0197204
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt032
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03553
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05454
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02070
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03135
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101420 STATE STREET
IRS990/USAddress/City0SARASOTA
IRS990/USAddress/State0FL
IRS990/USAddress/ZIPCode034236
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.SARASOTAFARMERSMARKET.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN GLASSMOYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09413788435
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10SFMV INC
ReturnHeader/Filer/BusinessNameControlTxt0SFMV
ReturnHeader/Filer/EIN0270926743
ReturnHeader/Filer/PhoneNum09413788435
ReturnHeader/Filer/USAddress/AddressLine101420 STATE STREET
ReturnHeader/Filer/USAddress/City0SARASOTA
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode034236
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591753337
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10KERKERING BARBERIO & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 49348
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0342306348
ReturnHeader/PreparerPersonGrp/PhoneNum09413654617
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA U STONER
ReturnHeader/ReturnTs02014-11-17T08:05:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$0.29$0.00$0.29$1.91$2.23$0.33
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.01$0.61$1.92$2.11$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.01$0.80$1.75$1.61$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.01$0.66$2.32$1.49$0.84
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.01$0.19$0.18$1.31$1.48$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.02$1.86$1.86$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.03$0.02$2.22$2.25$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.02$1.94$1.95$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.04$0.02$0.03$1.83$1.90$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.02$0.07$2.23$2.19$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.03$1.97$1.96$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.02$1.76$1.76$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$1.08$1.10$0.02