Civic Intelligence

Realize Bradenton Inc.

990 • Fiscal year 2015 • EIN 27-1330078

Oct 01, 2014 to Sep 30, 2015 • Filed on Jan 12, 2016

P O Box 9114Bradenton, FL 34206

(941) 621-6471

Siviq Scores

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

Liabilities / Assets

75th percentile

0.29x

Higher debt load relative to assets than 75% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

67th percentile

0.13x

Higher debt load relative to revenue than 67% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

71st percentile

13%

Higher net margin than 71% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

84th percentile

$85,658

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

88th percentile

46%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$354,512

Up $110,873 (+46%) from 2014

Net Assets

Up

$250,045

Up $109,016 (+77%) from 2014

Liabilities

Up

$104,467

Up $1,857 (+1.8%) from 2014

Revenue

Up

$817,017

Up $82,079 (+11%) from 2014

Expenses

Down

$708,001

Down $41,054 (-5.5%) from 2014

Net Income

Up

$109,016

Up $123,133 (+872%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $93,764Liabilities 2011: $6,271Net Assets 2011: $87,4932011Assets 2012: $232,782Liabilities 2012: $128,116Net Assets 2012: $104,6662012Assets 2014: $243,639Liabilities 2014: $102,610Net Assets 2014: $141,0292014Assets 2015: $354,512Liabilities 2015: $104,467Net Assets 2015: $250,0452015Assets 2016: $403,473Liabilities 2016: $136,048Net Assets 2016: $267,4252016Assets 2017: $413,490Liabilities 2017: $163,483Net Assets 2017: $250,0072017Assets 2019: $568,242Liabilities 2019: $193,502Net Assets 2019: $374,7402019Assets 2020: $635,952Liabilities 2020: $218,693Net Assets 2020: $417,2592020Assets 2021: $630,233Liabilities 2021: $155,275Net Assets 2021: $474,9582021Assets 2022: $471,772Liabilities 2022: $210,369Net Assets 2022: $261,4032022Assets 2024: $438,604Liabilities 2024: $38,171Net Assets 2024: $400,4332024

Highlighted filing

2015

Assets$354,512
Liabilities$104,467
Net Assets$250,045

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $404,2932011Expenses 2012: $436,0562012Revenue 2014: $734,938Expenses 2014: $749,055Net Income 2014: -$14,1172014Revenue 2015: $817,017Expenses 2015: $708,001Net Income 2015: $109,0162015Revenue 2016: $821,040Expenses 2016: $803,660Net Income 2016: $17,3802016Revenue 2017: $864,421Expenses 2017: $881,839Net Income 2017: -$17,4182017Revenue 2019: $989,319Expenses 2019: $975,209Net Income 2019: $14,1102019Revenue 2020: $953,418Expenses 2020: $910,899Net Income 2020: $42,5192020Revenue 2021: $957,046Expenses 2021: $899,347Net Income 2021: $57,6992021Revenue 2022: $659,004Expenses 2022: $872,559Net Income 2022: -$213,5552022Revenue 2024: $815,643Expenses 2024: $777,179Net Income 2024: $38,4642024

Highlighted filing

2015

Revenue$817,017
Expenses$708,001
Net Income$109,016
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 12, 2016
Return Version
2014v6.0
Gross Receipts
$817,017
Mission and Program Overview

Mission

We transform public places & engage people with arts, culture, heritage & food to build a vibrant, healthy bradenton. Bringing people together, our work results in social, physical, and economic revitalizion & shapes a community where people want to live, work & visit.

We bring people together to build vibrant, healthy communities through arts, culture, heritage & food. Our programs inform & engage people to work together on community revitalization. Our partners help us accelerate economic developemnt based on the power of people and place.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$135,672$204,194▲ $68,522
Cash and Non-Interest-Bearing Accounts$84,899$87,966▲ $3,067
Land, Buildings, and Equipment, Net$8,818$32,624▲ $23,806
Accounts Receivable-$17,228-
Prepaid Expenses and Deferred Charges$14,250$12,500▼ $1,750
Total Assets$243,639$354,512▲ $110,873
Liabilities
Deferred Revenue$97,036$98,822▲ $1,786
Accounts Payable and Accrued Expenses$5,574$5,645▲ $71
Total Liabilities$102,610$104,467▲ $1,857
Net Assets / Fund Balance
Unrestricted Net Assets$103,519$152,675▲ $49,156
Temporarily Rstr Net Assets$37,510$97,370▲ $59,860
Total Net Assets Fund Balance$141,029$250,045▲ $109,016
Total Liabilities and Net Assets / Fund Balance$243,639$354,512▲ $110,873

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$32,624$11,827-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Johnette IshamExecutive DirectorFT$85,658$85,658

Board Members and Trustees

NameTitle
Dennis ZinkChairman and Director
Chris TimolVice Chairman and Director
Annie BreitingerDirector
Bridgette HalliburtonDirector
Casey RodgersDirector
Jaymie CarterDirector
Jennifer ZavadilDirector
Kay WightDirector
Kim DalglishDirector
Mimi TranDirector
Melodie RichTreasurer and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$486,289
Program Service Revenue
$332,058
Investment Income
$50
Other Revenue
$-1,380
All Other Contributions
$190,773
Change in Net Assets
$109,016

Audited Revenue Reconciliation

Revenue per Audited Statements
$817,017
Total Revenue per Audited Statements
$817,017
Total Revenue per Form 990
$817,017
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$421,294
Salaries, Compensation, and Employee Benefits$286,707
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,213$19,528-$156,741
Current Officers, Directors, Trustees, and Key Employees$66,368$31,867-$98,235
Other Employee Benefits$24,050$7,681-$31,731
Occupancy$13,334$13,337-$26,671
Fees for Services Accounting$9,178$13,767-$22,945
All Other Expenses$6,961$6,998-$13,959
Office Expenses$4,953$4,953-$9,906
Conferences and Meetings$4,390$4,391-$8,781
Other Expenses$3,232$3,231-$6,463
Depreciation Depletion$5,557$693-$6,250
Insurance$819$820-$1,639
Total Functional Expenses$600,735$107,266$0$708,001

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$708,001
Total Expenses per Audited Statements$708,001
Total Expenses per Form 990$708,001
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
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 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
Yes
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 governing body review Part VI line 11

Governing body review conducted annually

Conflict of interest policy compliance Part VI line 12C

All board members comply with conflict of interest policy

CEO executive director top management comp Part VI line 15A

Compensation of executive director is reviewed and adjusted periodically by the board of directors.

Other officer or key employee compensation Part VI line 15B

Compensation of all employees are approved by the board of directors.

Governing documents etc available to public Part VI line 19

Governing documents available for public inspection on request

Filing and Contact Details

Filer

Filer Name
Realize Bradenton Inc
EIN
27-1330078
Address
P O BOX 9114, BRADENTON, FL 34206

Signing Officer

Name
Johnette Isham
Title
Executive Direc
Phone
9416216471
Signed
2016-01-12
Discuss with paid preparer
Yes

Organization Details

Formed
2009
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
400

Preparer

Firm
uniqueTAXx AND ACCOUNTING
Address
410 43rd Street W Suite H, Bradenton, FL 34209
Preparer
Robert M Eddy
Phone
9417478100
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012500
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IRS990/ProgramServiceRevenueGrp/Desc1SPECIAL EVENTS
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1295167
IRS990/ProgSrvcAccomActy2Grp/Desc0IMPROVE MARKETING, ACCESS, AND COLLABORATION - REALIZE BRADENTON BUILDS COMMUNITY AND DEVELOPS DOWNTOWN BRADENTON AS A PREFERRED DESTINATION FOR RESIDENTS AND VISITORS. TO DO SO THE ORGANIZATION COORDINATES THE COLLABORATIVE WORK OF OTHER NON-PROFITS TO IMPROVE CROSS MARKETING CAMPAIGNS AND INCREASE AWARENESS AND PATRONIAGE OF ARTCENTER MANATEE, DESOTO HISTORICAL SOCIETY, MANATEE COUNTY HISTORICAL COMMISSION, MANATEE PLAYERS, SOUTH FLORIDA MUSEUM, AND THE VILLAGE OF THE ARTS
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IRS990/ProgSrvcAccomActy3Grp/Desc0INCREASE OUTREACH AND CAPACITY BUILDING - REALIZE BRADENTON CONDUCTS OUTREACH PROGRAMS TO INFORM AND ENGAGE RESIDENTS IN LOCAL DEVELOPMENT PROJECTS: ECONOMIC, PHYSICAL AND CULTURAL, INCLUDING RIVERWALK PROJECT, PUBLIC EVENTS, AND ON-LINE SURVEYS. IN ADDITION IT SUPPORTS OTHER NON-PROFITS WITH CAPACITY BUILDING TOOLS AIMED AT COMMUNICATIONS AND GOVERNANCE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GOVERNING BODY REVIEW CONDUCTED ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS COMPLY WITH CONFLICT OF INTEREST POLICY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF EXECUTIVE DIRECTOR IS REVIEWED AND ADJUSTED PERIODICALLY BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF ALL EMPLOYEES ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION ON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0400

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