Civic Intelligence

Financial Services Roundtable for Supplier Diversity Inc

990EZ • Fiscal year 2021 • EIN 27-5101864

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

Organization Profilewww.fsrsd.org
801 US Highway 1North Palm Beach, FL 33408

(312) 723-5916

Siviq Scores

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

Liabilities / Assets

69th percentile

0.08x

Higher debt load relative to assets than 69% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

74th percentile

0.13x

Higher debt load relative to revenue than 74% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2021 filings • 501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

74th percentile

25%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

12%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • 501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$218,955

Up $43,773 (+25%) from 2020

Net Assets

Up

$202,225

Up $34,843 (+21%) from 2020

Liabilities

Up

$16,730

Up $8,930 (+114%) from 2020

Revenue And Expenses
Liabilities / Revenue74th percentileNet Margin82nd percentile

Revenue

Up

$131,000

Up $14,500 (+12%) from 2020

Expenses

Up

$89,584

Up $13,868 (+18%) from 2020

Net Income

Up

$41,416

Up $632 (+1.5%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$400K$300K$200K$100K$0Assets 2011: $1,626Net Assets 2011: $1,6262011Assets 2012: $33,288Net Assets 2012: $33,2882012Assets 2013: $37,932Net Assets 2013: $37,9322013Assets 2014: $0Net Assets 2014: $5,5762014Assets 2015: $306,561Liabilities 2015: $251,800Net Assets 2015: $54,7612015Assets 2016: $91,486Liabilities 2016: $11,800Net Assets 2016: $79,6862016Assets 2017: $124,579Liabilities 2017: $19,800Net Assets 2017: $104,7792017Assets 2018: $153,487Liabilities 2018: $17,800Net Assets 2018: $135,6872018Assets 2019: $146,398Liabilities 2019: $19,800Net Assets 2019: $126,5982019Assets 2020: $175,182Liabilities 2020: $7,800Net Assets 2020: $167,3822020Assets 2021: $218,955Liabilities 2021: $16,730Net Assets 2021: $202,2252021Assets 2022: $218,251Liabilities 2022: $10,400Net Assets 2022: $207,8512022Assets 2023: $233,163Liabilities 2023: $22,292Net Assets 2023: $210,8712023Assets 2024: $253,814Liabilities 2024: $45,040Net Assets 2024: $208,7742024

Highlighted filing

2021

Assets$218,955
Liabilities$16,730
Net Assets$202,225
Open 2021 Filing

Operations Trend

Revenue Growth60th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $57,700Expenses 2011: $99,775Net Income 2011: -$42,0752011Revenue 2012: $108,302Expenses 2012: $76,640Net Income 2012: $31,6622012Revenue 2013: $113,000Expenses 2013: $108,356Net Income 2013: $4,6442013Revenue 2014: $88,000Expenses 2014: $120,356Net Income 2014: -$32,3562014Revenue 2015: $102,229Expenses 2015: $47,244Net Income 2015: $54,9852015Revenue 2016: $83,995Expenses 2016: $59,070Net Income 2016: $24,9252016Revenue 2017: $87,000Expenses 2017: $61,907Net Income 2017: $25,0932017Revenue 2018: $103,000Expenses 2018: $72,092Net Income 2018: $30,9082018Revenue 2019: $114,710Expenses 2019: $123,799Net Income 2019: -$9,0892019Revenue 2020: $116,500Expenses 2020: $75,716Net Income 2020: $40,7842020Revenue 2021: $131,000Expenses 2021: $89,584Net Income 2021: $41,4162021Revenue 2022: $147,000Expenses 2022: $141,374Net Income 2022: $5,6262022Revenue 2023: $169,500Expenses 2023: $166,480Net Income 2023: $3,0202023Revenue 2024: $200,000Expenses 2024: $202,097Net Income 2024: -$2,0972024

Highlighted filing

2021

Revenue$131,000
Expenses$89,584
Net Income$41,416
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$131,000
Mission and Program Overview

Mission

Fsrsd is organized to promote, foster and stimulate supplier diversity in the financial services industry

Program Services

DescriptionGrantsExpenses
FRSRD PROVIDES A FORUM FOR MEMBERS WITH A COMMON BUSINESS INTERESTS IN PROMOTING SUPPLIER DIVERSITY IN THE FINANCIAL SERVICES INDUSTRY BY SPONSORING EVENTS AND MEETINGS FOR THE PURPOSES OF DISCUSSION AND EDUCATION OF PROBLEMS AFFECTING SUPPLIER DIVERSITY-$69,390
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LISSA MILLER CHAIRChairman-$0--
HANNAH FLETCHER 1ST VICE CHAIRVice President-$0--
LYNN REDDRICK 2ND VICE CHAIRVice President-$0--
SALLY WILSON SECRETARYSecretary-$0--
ROBERT SIMPSON TREASURERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Financial Services Roundtable for
EIN
27-5101864
Phone
3127235916
Address
801 US HIGHWAY 1, NORTH PALM BEACH, FL 33408

Signing Officer

Name
Robert Simpson
Title
Treasurer
Signed
2022-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Webb CPA Group Ltd
Address
2110 E Crabtree Dr, Arlington Heights, IL 60004
Preparer
David Webb
Phone
8479894992
Supplemental Narrative

Additional Explanations

Other Expenses.1

“BENCHMARKING $43400”

Other Expenses.2

“MARKETING OTHER $23225”

Other Expenses.3

“Administrative and related $11500”

Other Expenses.4

“WEBINAR $2765”

Other Expenses.5

“Amortization of software $2240”

Other Expenses.6

“PROFESSIONAL FEES $1750”

Other Expenses.7

“Website design and maintenance $1393”

Other Expenses.8

“MAIL FORWARDING $584”

Other Expenses.9

“INSURANCE $302”

Other Expenses.10

“LICENSE AND FEES $295”

Other Expenses.11

“BANK FEED $30”

Other Expenses.12

“MISCELLANEOUS $10”

Other Assets.1005

“Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2500”

Other Assets.1011

“Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1352”

Other Assets.1012

“Intangible Assets - Beginning $450 Intangible Assets - Ending $450”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $3800 Accounts Payable and Accrued Expenses - Ending $6730”

Total Liabilities.1003

“Deferred Revenue - Beginning $4000 Deferred Revenue - Ending $10000”

Raw XML Appendix150 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0ROBERT SIMPSON
IRS990EZ/BooksInCareOfDetail/PhoneNum03127235916
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0801 US HIGHWAY 1
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NORTH PALM BEACH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033408
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0168159
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0214653
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0131000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt041416
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt02090
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0218955
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0131000
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0160809
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0202225
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0160809
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0202225
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt43.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LISSA MILLER CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HANNAH FLETCHER 1ST VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LYNN REDDRICK 2ND VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SALLY WILSON SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ROBERT SIMPSON TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0450
IRS990EZ/OtherAssetsTotalDetail/EOYAmt04302
IRS990EZ/OtherExpensesTotalAmt087494
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FSRSD IS ORGANIZED TO PROMOTE, FOSTER AND STIMULATE SUPPLIER DIVERSITY IN THE FINANCIAL SERVICES INDUSTRY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FRSRD PROVIDES A FORUM FOR MEMBERS WITH A COMMON BUSINESS INTERESTS IN PROMOTING SUPPLIER DIVERSITY IN THE FINANCIAL SERVICES INDUSTRY BY SPONSORING EVENTS AND MEETINGS FOR THE PURPOSES OF DISCUSSION AND EDUCATION OF PROBLEMS AFFECTING SUPPLIER DIVERSITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt069390
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07800
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt016730
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt089584
IRS990EZ/TotalProgramServiceExpensesAmt069390
IRS990EZ/TotalRevenueAmt0131000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.fsrsd.org
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BENCHMARKING $43400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARKETING OTHER $23225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADMINISTRATIVE AND RELATED $11500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WEBINAR $2765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AMORTIZATION OF SOFTWARE $2240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL FEES $1750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6WEBSITE DESIGN AND MAINTENANCE $1393
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7MAIL FORWARDING $584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INSURANCE $302
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9LICENSE AND FEES $295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10BANK FEED $30
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11MISCELLANEOUS $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Accounts Receivable - Beginning $0 Accounts Receivable - Ending $2500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $1352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Intangible Assets - Beginning $450 Intangible Assets - Ending $450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Accounts Payable and Accrued Expenses - Beginning $3800 Accounts Payable and Accrued Expenses - Ending $6730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Deferred Revenue - Beginning $4000 Deferred Revenue - Ending $10000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Assets.1011
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Assets.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1003
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT SIMPSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINANCIAL SERVICES ROUNDTABLE FOR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SUPPLIER DIVERSITY INC
ReturnHeader/Filer/BusinessNameControlTxt0FINA
ReturnHeader/Filer/EIN0275101864
ReturnHeader/Filer/PhoneNum03127235916
ReturnHeader/Filer/USAddress/AddressLine1Txt0801 US HIGHWAY 1
ReturnHeader/Filer/USAddress/CityNm0NORTH PALM BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033408
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272981725
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEBB CPA GROUP LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02110 E Crabtree Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Arlington Heights
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060004
ReturnHeader/PreparerPersonGrp/PhoneNum08479894992
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0David Webb
ReturnHeader/ReturnTs02022-10-25T17:18:34-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROBERT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SIMPSON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$218,955
Liabilities
$16,730
Net assets
$202,225
Revenue
$131,000
Expenses
$89,584
Net income
$41,416
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$0.45$2.09$2.00$2.02$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.33$0.22$2.11$1.70$1.66$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.18$0.10$2.08$1.47$1.41$0.06
2021Detailed filing. Detailed filing data is available for this year.$2.19$0.17$2.02$1.31$0.90$0.41
2020Detailed filing. Detailed filing data is available for this year.$1.75$0.08$1.67$1.17$0.76$0.41
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.20$1.27$1.15$1.24$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.18$1.36$1.03$0.72$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.25$0.20$1.05$0.87$0.62$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.12$0.80$0.84$0.59$0.25
2015Detailed filing. Detailed filing data is available for this year.$3.07$2.52$0.55$1.02$0.47$0.55
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.06$0.88$1.20$0.32
2013Detailed filing. Detailed filing data is available for this year.$0.38$0.38$1.13$1.08$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$1.08$0.77$0.32
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.58$1.00$0.42