Civic Intelligence

Business Development Board of Okeechobee County Inc

990EZ • Fiscal year 2017 • EIN 27-4426593

Jan 01, 2017 to Dec 31, 2017 • Filed on May 01, 2018

55 S Parrott AvenueOkeechobee, FL 34974

(863) 467-6246

Siviq Scores

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

Liabilities / Assets

59th percentile

0.02x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.01x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

47th percentile

1.6%

Higher net margin than 47% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • 501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

23rd percentile

-13%

Faster asset growth than 23% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

30%

Faster revenue growth than 87% of similar nonprofits.

2017 filings • 501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$94,004

Down $13,983 (-13%) from 2016

Net Assets

Down

$92,147

Down $11,932 (-11%) from 2016

Liabilities

Down

$1,857

Down $2,051 (-52%) from 2016

Revenue

Up

$163,276

Up $37,889 (+30%) from 2016

Expenses

Up

$160,708

Up $38,471 (+31%) from 2016

Net Income

Down

$2,568

Down $582 (-18%) from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $67,649Liabilities 2011: $1,324Net Assets 2011: $66,3252011Assets 2013: $64,558Liabilities 2013: $2,628Net Assets 2013: $61,9302013Assets 2014: $71,145Liabilities 2014: $5,026Net Assets 2014: $66,1192014Assets 2015: $114,734Net Assets 2015: $114,7342015Assets 2016: $107,987Liabilities 2016: $3,908Net Assets 2016: $104,0792016Assets 2017: $94,004Liabilities 2017: $1,857Net Assets 2017: $92,1472017Assets 2018: $127,405Liabilities 2018: $1,137Net Assets 2018: $126,2682018Assets 2019: $81,754Liabilities 2019: $2,667Net Assets 2019: $79,0872019Assets 2020: $89,410Liabilities 2020: $3,249Net Assets 2020: $86,1612020Assets 2021: $112,067Liabilities 2021: $3,302Net Assets 2021: $108,7652021Assets 2022: $136,642Liabilities 2022: $3,589Net Assets 2022: $133,0532022

Highlighted filing

2017

Assets$94,004
Liabilities$1,857
Net Assets$92,147

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $151,167Expenses 2011: $84,842Net Income 2011: $66,3252011Revenue 2013: $81,608Expenses 2013: $75,047Net Income 2013: $6,5612013Revenue 2014: $94,191Expenses 2014: $96,042Net Income 2014: -$1,8512014Revenue 2015: $109,942Expenses 2015: $76,511Net Income 2015: $33,4312015Revenue 2016: $125,387Expenses 2016: $122,237Net Income 2016: $3,1502016Revenue 2017: $163,276Expenses 2017: $160,708Net Income 2017: $2,5682017Revenue 2018: $144,809Expenses 2018: $110,461Net Income 2018: $34,3482018Revenue 2019: $119,767Expenses 2019: $101,077Net Income 2019: $18,6902019Revenue 2020: $91,928Expenses 2020: $84,854Net Income 2020: $7,0742020Revenue 2021: $119,435Expenses 2021: $97,075Net Income 2021: $22,3602021Revenue 2022: $126,012Expenses 2022: $101,724Net Income 2022: $24,2882022

Highlighted filing

2017

Revenue$163,276
Expenses$160,708
Net Income$2,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 1, 2018
Return Version
2017v2.3
Gross Receipts
$163,276
Mission and Program Overview

Mission

The business development board of okeechobee county, inc. Will be doing business as the chamber of commerce of okeechobee county. The chamber of commerce of okeechobee county (the "chamber") is a not-for-profit, voluntary organization of business and professional men and women joined together for the purpose of promoting the civic and economic progress of our community. The area's economic well-being is related directly to the caliber of work performed by the chamber.

Program Services

DescriptionGrantsExpenses
TO ACT AS A SPOKESPERSON FOR THE BUSINESS AND PROFESSIONAL COMMUNITY AND TRANSLATE INTO ACTION THE GROUP THINKING OF ITS MEMBERS, AND TO DELIVER SPECIFIC DEVELOPMENT SERVICES TO ITS MEMBERS AND TO THE COMMUNITY AS A WHOLE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERRY BURROUGHSVice PresidePT$0--
TABITHA TRENTPresidentPT$0--
RUSS BROWNTreasurerPT$0--
WAYNE CUNNINGHAMSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Business Development Board of
EIN
27-4426593
Phone
8634676246
Address
55 S PARROTT AVENUE, OKEECHOBEE, FL 34974

Signing Officer

Name
Terry Burroughs
Title
Vice President
Phone
8634676246
Signed
2018-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Sims Munson CPA Pllc
Address
319 N PARROTT AVE, OKEECHOBEE, FL 34972-2917
Preparer
Laura K Sims
Phone
8634673000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Concealed weapons permit class expense 271 leadership program event expense 18,184 expenses advertising 15,621 office expenses 4,290 web cc 1,270 bank charge 30 mileage 387 lodging 1,384 convention 225 insurance 5,752 membership fees 2,500 chamber master expense 3,526 event expense 5,230 business registration fee 61 education 1,040 non-investment depreciation 427 total 60,198

Form 990-ez, Part I, Line 20

OTHER DECREASES -14,500

Form 990-ez, Part II, Line 24

Accounts receivable 18,960 12,758 equipment 0 4,503 less accumulated depreciation 0 4,275 total 18,960 12,986

Form 990-ez, Part II, Line 26

3,908 1,857

Form 990-ez, Part III

The business development board of okeechobee county, inc. Will be doing business as the chamber of commerce of okeechobee county. The chamber of commerce of okeechobee county (the "chamber") is a not-for-profit, voluntary organization of business and professional men and women joined together for the purpose of promoting the civic and economic progress of our community. The area's economic well-being is related directly to the caliber of work performed by the chamber.

Form 990-ez, Part III, Line 28

To act as a spokesperson for the business and professional community and translate into action the group thinking of its members, and to deliver specific development services to its members and to the community as a whole.

Raw XML Appendix121 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0TERRY BURROUGHS
IRS990EZ/BooksInCareOfDetail/PhoneNum08634676246
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt055 S PARROTT AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OKEECHOBEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034974
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt089027
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2RUSS BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3WAYNE CUNNINGHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-14500
IRS990EZ/OtherExpensesTotalAmt060198
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE BUSINESS DEVELOPMENT BOARD OF OKEECHOBEE COUNTY, INC. WILL BE DOING BUSINESS AS THE CHAMBER OF COMMERCE OF OKEECHOBEE COUNTY. THE CHAMBER OF COMMERCE OF OKEECHOBEE COUNTY (THE "CHAMBER") IS A NOT-FOR-PROFIT, VOLUNTARY ORGANIZATION OF BUSINESS AND PROFESSIONAL MEN AND WOMEN JOINED TOGETHER FOR THE PURPOSE OF PROMOTING THE CIVIC AND ECONOMIC PROGRESS OF OUR COMMUNITY. THE AREA'S ECONOMIC WELL-BEING IS RELATED DIRECTLY TO THE CALIBER OF WORK PERFORMED BY THE CHAMBER.
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IRS990EZ/ProgramServiceRevenueAmt030526
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ACT AS A SPOKESPERSON FOR THE BUSINESS AND PROFESSIONAL COMMUNITY AND TRANSLATE INTO ACTION THE GROUP THINKING OF ITS MEMBERS, AND TO DELIVER SPECIFIC DEVELOPMENT SERVICES TO ITS MEMBERS AND TO THE COMMUNITY AS A WHOLE.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt056682
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt03908
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01857
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0160708
IRS990EZ/TotalRevenueAmt0163276
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.OKEECHOBEEBUSINESS.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CONCEALED WEAPONS PERMIT CLASS EXPENSE 271 LEADERSHIP PROGRAM EVENT EXPENSE 18,184 EXPENSES ADVERTISING 15,621 OFFICE EXPENSES 4,290 WEB CC 1,270 BANK CHARGE 30 MILEAGE 387 LODGING 1,384 CONVENTION 225 INSURANCE 5,752 MEMBERSHIP FEES 2,500 CHAMBER MASTER EXPENSE 3,526 EVENT EXPENSE 5,230 BUSINESS REGISTRATION FEE 61 EDUCATION 1,040 NON-INVESTMENT DEPRECIATION 427 TOTAL 60,198
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER DECREASES -14,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS RECEIVABLE 18,960 12,758 EQUIPMENT 0 4,503 LESS ACCUMULATED DEPRECIATION 0 4,275 TOTAL 18,960 12,986
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33,908 1,857
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BUSINESS DEVELOPMENT BOARD OF OKEECHOBEE COUNTY, INC. WILL BE DOING BUSINESS AS THE CHAMBER OF COMMERCE OF OKEECHOBEE COUNTY. THE CHAMBER OF COMMERCE OF OKEECHOBEE COUNTY (THE "CHAMBER") IS A NOT-FOR-PROFIT, VOLUNTARY ORGANIZATION OF BUSINESS AND PROFESSIONAL MEN AND WOMEN JOINED TOGETHER FOR THE PURPOSE OF PROMOTING THE CIVIC AND ECONOMIC PROGRESS OF OUR COMMUNITY. THE AREA'S ECONOMIC WELL-BEING IS RELATED DIRECTLY TO THE CALIBER OF WORK PERFORMED BY THE CHAMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO ACT AS A SPOKESPERSON FOR THE BUSINESS AND PROFESSIONAL COMMUNITY AND TRANSLATE INTO ACTION THE GROUP THINKING OF ITS MEMBERS, AND TO DELIVER SPECIFIC DEVELOPMENT SERVICES TO ITS MEMBERS AND TO THE COMMUNITY AS A WHOLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BUSINESS DEVELOPMENT BOARD OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OKEECHOBEE COUNTY INC
ReturnHeader/Filer/BusinessNameControlTxt0BUSI
ReturnHeader/Filer/EIN0274426593
ReturnHeader/Filer/PhoneNum08634676246
ReturnHeader/Filer/USAddress/AddressLine1Txt055 S PARROTT AVENUE
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.203.138.194
ReturnHeader/FilingSecurityInformation/IPDt02018-09-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:20:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464296668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SIMS MUNSON CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0319 N PARROTT AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OKEECHOBEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0349722917
ReturnHeader/PreparerPersonGrp/PhoneNum08634673000
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA K SIMS
ReturnHeader/ReturnTs02018-09-08T12:20:11-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings