Civic Intelligence

Florida West Coast Resource Conservation & Development Council

990 • Fiscal year 2019 • EIN 31-1654804

Oct 01, 2018 to Sep 30, 2019 • Filed on Dec 26, 2019

1401 - 99th St NWBradenton, FL 34209

(941) 792-0985

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.10x

Higher debt load relative to assets than 53% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

97th percentile

8.11x

Higher debt load relative to revenue than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

1st percentile

-993%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

18th percentile

-15%

Faster revenue growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,138,258

Down $270,160 (-11%) from 2018

Net Assets

Down

$1,922,863

Down $263,517 (-12%) from 2018

Liabilities

Down

$215,395

Down $6,643 (-3.0%) from 2018

Revenue

Down

$26,545

Down $4,556 (-15%) from 2018

Expenses

Up

$290,062

Up $155,735 (+116%) from 2018

Net Income

Down

-$263,517

Down $160,291 (-155%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $3,272,681Liabilities 2013: $210,098Net Assets 2013: $3,062,5832013Assets 2014: $2,979,615Liabilities 2014: $213,384Net Assets 2014: $2,766,2312014Assets 2015: $2,615,402Liabilities 2015: $207,971Net Assets 2015: $2,407,4312015Assets 2016: $2,389,899Liabilities 2016: $181,101Net Assets 2016: $2,208,7982016Assets 2017: $2,469,104Liabilities 2017: $179,498Net Assets 2017: $2,289,6062017Assets 2018: $2,408,418Liabilities 2018: $222,038Net Assets 2018: $2,186,3802018Assets 2019: $2,138,258Liabilities 2019: $215,395Net Assets 2019: $1,922,8632019Assets 2020: $2,114,182Liabilities 2020: $206,735Net Assets 2020: $1,907,4472020Assets 2021: $93,364Liabilities 2021: $78,474Net Assets 2021: $14,8902021Assets 2022: $80,903Liabilities 2022: $61,969Net Assets 2022: $18,9342022Assets 2023: $80,831Liabilities 2023: $60,022Net Assets 2023: $20,8092023Assets 2024: $78,705Liabilities 2024: $59,430Net Assets 2024: $19,2752024Assets 2025: $78,178Liabilities 2025: $59,074Net Assets 2025: $19,1042025

Highlighted filing

2019

Assets$2,138,258
Liabilities$215,395
Net Assets$1,922,863

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2013: $726,3162013Revenue 2014: $230,289Expenses 2014: $526,641Net Income 2014: -$296,3522014Revenue 2015: $176,317Expenses 2015: $535,117Net Income 2015: -$358,8002015Revenue 2016: $264,788Expenses 2016: $463,421Net Income 2016: -$198,6332016Revenue 2017: $129,229Expenses 2017: $285,251Net Income 2017: -$156,0222017Revenue 2018: $31,101Expenses 2018: $134,327Net Income 2018: -$103,2262018Revenue 2019: $26,545Expenses 2019: $290,062Net Income 2019: -$263,5172019Revenue 2020: $26,935Expenses 2020: $42,351Net Income 2020: -$15,4162020Revenue 2021: $22,135Expenses 2021: $1,914,692Net Income 2021: -$1,892,5572021Revenue 2022: $7,179Expenses 2022: $3,135Net Income 2022: $4,0442022Revenue 2023: $3,616Expenses 2023: $1,741Net Income 2023: $1,8752023Revenue 2024: $338Expenses 2024: $1,872Net Income 2024: -$1,5342024Revenue 2025: $1,880Expenses 2025: $2,051Net Income 2025: -$1712025

Highlighted filing

2019

Revenue$26,545
Expenses$290,062
Net Income-$263,517
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Dec 26, 2019
Return Version
2018v3.1
Gross Receipts
$26,545
Mission and Program Overview

Mission

The mission of the organization

The mission of the organization is to promote and create an entrepreneurial local food and agricultural economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,405,855$2,135,404▼ $270,451
Loans From Officers Directors$55,282$55,282→ $0
Cash and Non-Interest-Bearing Accounts$7$2,854▲ $2,847
Savings and Temporary Cash Investments$1,306--
Accounts Receivable$1,250--
Total Assets$2,408,418$2,138,258▼ $270,160
Liabilities
Mortgage Notes Payable Secured by Investment Property$122,297$116,508▼ $5,789
Accounts Payable and Accrued Expenses$30,392$29,538▼ $854
Deferred Revenue$14,067$14,067→ $0
Total Liabilities$222,038$215,395▼ $6,643
Net Assets / Fund Balance
Unrestricted Net Assets$2,186,380$1,922,863▼ $263,517
Total Net Assets Fund Balance$2,186,380$1,922,863▼ $263,517
Total Liabilities and Net Assets / Fund Balance$2,408,418$2,138,258▼ $270,160

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,790,255-$1,790,255
Buildings$62,481$863,244$925,725
Other Land Buildings$80,451$417,027$497,478
Equipment$202,217$209,410$411,627
Leasehold Improvements$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Todd UnderhillPresident
Justin BloomVice President
Jennifer SaykoBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$26,545
Change in Net Assets
$-263,517
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$290,062
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$29,176$0$0$29,176
Interest$0$6,673$0$6,673
Fees for Services Accounting$0$4,920$0$4,920
Insurance$1,728$2,128$0$3,856
Travel$1,921$0$0$1,921
Other Expenses$0$330$0$330
Occupancy$68$0$0$68
Total Functional Expenses$274,168$15,894$0$290,062
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$55,282$55,282→ $0
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
Filing and Contact Details

Filer

Filer Name
Florida West Coast Resource Conservation & Development Inc
EIN
31-1654804
Phone
9417920985
Address
1401 - 99th St NW, Bradenton, FL 34209

Signing Officer

Name
Todd Underhill
Title
President
Phone
9417920985
Signed
2019-12-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Todd Underhill
Formed
1999
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The Organization has council members.

Pt VI, Line 7A

The dues paying Council member elect the Board.

Pt VI, Line 7B

By-law changes are subject to Council notification and

Pt VI, Line 7B

the Council adopts the 5 year plan.

Pt VI, Line 11B

The Board reviews the 990 before filing sent to them

Pt VI, Line 11B

electronically. Then a vote is taken either by email or

Pt VI, Line 11B

at a board meeting to accept or deny it.

Pt VI, Line 12C

Annually the Board is asked to complete a new conflict of

Pt VI, Line 12C

interest form.

Pt VI, Line 15A

The basis for determining pay rate is determined by using

Pt VI, Line 15A

the U.S. DOL national Compensation Survey Guide for

Pt VI, Line 15A

Evaluating Your Firm's Jobs and Pay.

Pt VI, Line 15B

No other key employees or compensated officers.

Pt VI, Line 19

Governing documents, conflict of interest policy, and

Pt VI, Line 19

financial statements are available to the public by

Pt VI, Line 19

request.

Pt III, Line 3

On January 23, 2007 FWCRCD executed a lease for the land at Geraldson Community Farm from Manatee County. Over the years FWCRCD was given several grants for operations of the farm. In Feb. of 2018 the County decided FWCRCD was no longer meeting the obligations of their contract with the County. The FWCRCD Board continued to attempt to unsuccessfully negotiate a settlement of property with the County until Oct. when the relationship was completely and irrevocably dissolved by the County.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0operations
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt01400
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0Todd Underhill
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0President
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt055282
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization has council members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The dues paying Council member elect the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2By-law changes are subject to Council notification and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3the Council adopts the 5 year plan.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Board reviews the 990 before filing sent to them
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5electronically. Then a vote is taken either by email or
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6at a board meeting to accept or deny it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Annually the Board is asked to complete a new conflict of
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8interest form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9The basis for determining pay rate is determined by using
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10the U.S. DOL national Compensation Survey Guide for
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Evaluating Your Firm's Jobs and Pay.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12No other key employees or compensated officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Governing documents, conflict of interest policy, and
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14financial statements are available to the public by
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16On January 23, 2007 FWCRCD executed a lease for the land at Geraldson Community Farm from Manatee County. Over the years FWCRCD was given several grants for operations of the farm. In Feb. of 2018 the County decided FWCRCD was no longer meeting the obligations of their contract with the County. The FWCRCD Board continued to attempt to unsuccessfully negotiate a settlement of property with the County until Oct. when the relationship was completely and irrevocably dissolved by the County.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Pt III, Line 3
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IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02408418
IRS990/TotalAssetsEOYAmt02138258
IRS990/TotalAssetsGrp/BOYAmt02408418
IRS990/TotalAssetsGrp/EOYAmt02138258
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015894
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0274168
IRS990/TotalFunctionalExpensesGrp/TotalAmt0290062
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0222038
IRS990/TotalLiabilitiesEOYAmt0215395
IRS990/TotalLiabilitiesGrp/BOYAmt0222038
IRS990/TotalLiabilitiesGrp/EOYAmt0215395
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02186380
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01922863
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0274168
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt026500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt045
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026545
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02408418
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02138258
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01921
IRS990/TravelGrp/TotalAmt01921
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02186380
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01922863
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01401 - 99th St NW
IRS990/USAddress/CityNm0Bradenton
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034209
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.fwcrcd.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Todd Underhill
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09417920985
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Florida West Coast Resource Conservation & Development Inc
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0311654804
ReturnHeader/Filer/PhoneNum09417920985
ReturnHeader/Filer/USAddress/AddressLine1Txt01401 - 99th St NW
ReturnHeader/Filer/USAddress/CityNm0Bradenton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId061A3E5492C278DD356D4202897EBFB2D2333ED0C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId061A3E5492C278DD356D4202897EBFB2D2333ED0C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.144.31.186
ReturnHeader/FilingSecurityInformation/IPDt02020-01-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm016:54:36
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ellen Fontana CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02451 Mcmullen Booth Road 309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clearwater
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033759
ReturnHeader/PreparerPersonGrp/PhoneNum07274310354

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