Civic Intelligence

Jasmyn Properties Inc

990 • Fiscal year 2015 • EIN 35-2300207

Jan 01, 2015 to Dec 31, 2015 • Filed on May 23, 2016

PO Box 380103Jacksonville, FL 32205

(904) 389-0089

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.23x

Higher debt load relative to assets than 63% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.60x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Net Margin

78th percentile

87%

Higher net margin than 78% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

76th percentile

$87,147

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 33.3% of source-year revenue.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2015

Asset Growth

97th percentile

46%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

62nd percentile

6.7%

Faster revenue growth than 62% of similar nonprofits.

2015 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$675,214

Up $212,259 (+46%) from 2014

Net Assets

Up

$518,573

Up $227,006 (+78%) from 2014

Liabilities

Down

$156,641

Down $14,747 (-8.6%) from 2014

Revenue

Up

$261,473

Up $16,475 (+6.7%) from 2014

Expenses

Up

$34,467

Up $2,478 (+7.7%) from 2014

Net Income

Up

$227,006

Up $13,997 (+6.6%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $258,752Liabilities 2011: $202,871Net Assets 2011: $55,8812011Assets 2012: $264,440Liabilities 2012: $197,406Net Assets 2012: $67,0342012Assets 2013: $264,038Liabilities 2013: $185,480Net Assets 2013: $78,5582013Assets 2014: $462,955Liabilities 2014: $171,388Net Assets 2014: $291,5672014Assets 2015: $675,214Liabilities 2015: $156,641Net Assets 2015: $518,5732015Assets 2016: $629,110Liabilities 2016: $0Net Assets 2016: $629,1102016Assets 2017: $684,728Liabilities 2017: $0Net Assets 2017: $684,7282017Assets 2018: $958,439Liabilities 2018: $240,987Net Assets 2018: $717,4522018Assets 2019: $1,805,450Liabilities 2019: $330,566Net Assets 2019: $1,474,8842019Assets 2020: $1,841,977Liabilities 2020: $315,696Net Assets 2020: $1,526,2812020Assets 2021: $2,025,898Liabilities 2021: $291,999Net Assets 2021: $1,733,8992021Assets 2022: $1,962,613Liabilities 2022: $265,115Net Assets 2022: $1,697,4982022Assets 2024: $2,967,139Liabilities 2024: $266,428Net Assets 2024: $2,700,7112024

Highlighted filing

2015

Assets$675,214
Liabilities$156,641
Net Assets$518,573

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $32,400Expenses 2011: $22,474Net Income 2011: $9,9262011Revenue 2012: $32,400Expenses 2012: $21,247Net Income 2012: $11,1532012Revenue 2013: $32,400Expenses 2013: $20,876Net Income 2013: $11,5242013Revenue 2014: $244,998Expenses 2014: $31,989Net Income 2014: $213,0092014Revenue 2015: $261,473Expenses 2015: $34,467Net Income 2015: $227,0062015Revenue 2016: $263,711Expenses 2016: $153,174Net Income 2016: $110,5372016Revenue 2017: $101,564Expenses 2017: $45,946Net Income 2017: $55,6182017Revenue 2018: $135,610Expenses 2018: $102,886Net Income 2018: $32,7242018Revenue 2019: $1,350,612Expenses 2019: $593,180Net Income 2019: $757,4322019Revenue 2020: $213,155Expenses 2020: $161,758Net Income 2020: $51,3972020Revenue 2021: $358,018Expenses 2021: $150,400Net Income 2021: $207,6182021Revenue 2022: $108,229Expenses 2022: $144,630Net Income 2022: -$36,4012022Revenue 2024: $108,083Expenses 2024: $176,952Net Income 2024: -$68,8692024

Highlighted filing

2015

Revenue$261,473
Expenses$34,467
Net Income$227,006
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 23, 2016
Return Version
2015v2.1
Gross Receipts
$261,473
Mission and Program Overview

Mission

To hold title to the property, collect income therefrom & turn over the entire amount less expenses to jacksonville area sexual minority youth network, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$432,227$622,040▲ $189,813
Cash and Non-Interest-Bearing Accounts$29,556$52,471▲ $22,915
Intangible Assets$1,172$703▼ $469
Total Assets$462,955$675,214▲ $212,259
Liabilities
Mortgage Notes Payable Secured by Investment Property$170,113$156,641▼ $13,472
Accounts Payable and Accrued Expenses$1,275--
Total Liabilities$171,388$156,641▼ $14,747
Net Assets / Fund Balance
Unrestricted Net Assets$291,567$518,573▲ $227,006
Total Net Assets Fund Balance$291,567$518,573▲ $227,006
Total Liabilities and Net Assets / Fund Balance$462,955$675,214▲ $212,259

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$433,171$69,102$502,273
Land$188,869-$188,869
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cynthia WatsonSecretary$87,147$87,147

Board Members and Trustees

NameTitle
David RinzlerPresident
Jay DuttonVice Chair
Bruce MusserDirector
Charles GarrisonDirector
Edi CastroDirector
Jimmy Midyette JrDirector
Barbara DrakeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$197,073
Program Service Revenue
$64,400
Investment Income
$0
Other Revenue
$0
All Other Contributions
$197,073
Change in Net Assets
$227,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,467
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$16,404$1,823-$18,227
Interest$9,053$1,006-$10,059
Fees for Services Other-$2,916-$2,916
Insurance-$1,942-$1,942
Other Expenses-$36-$36
Total Functional Expenses$25,457$9,010$0$34,467
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
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
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 4

The bylaws were updated to clarify that jacksonville area sexual minority youth network, inc. Is the sole member and shareholder for jasmyn properties, inc. The number of members/officers was updated. The executive director of jacksonville area sexual minority youth network, inc. Is a director of the board of jasmyn properties, inc. And is not subject to term limits but can be voted off of the board. Upon dissolution of jasmyn properties, inc. Assets will go to jacksonville area sexual minority youth network, inc. Amendments to the bylaws of jasmyn properties, inc. Must be approved by the board of jacksonville area sexual minority youth network, inc.

Form 990, Page 6, Part VI, Line 11B

The executive director and jasmyn fiscal committee, which includes the jpi board treasurer and secretary, review the form 990, and then bring the final form to the jasmyn and jpi board to review before it is filed.

Form 990, Page 6, Part VI, Line 12C

All jasmyn and jpi board members are required to submit a signed annual disclosure of conflict form, and are expected to disclose all potential conflicts of interest in pertinent matters and proposed or ongoing transactions. Jasmyn's fiscal committee and governance committee monitor potential conflicts of interest for jpi. The governance committee determines when a conflict exists and identifies any restrictions that should be made, such as prohibiting a member with a conflict of interest from participating in the board's deliberations and decisions in the transaction where the conflict is present. The discussion, determination, and any restrictions made are recorded in the meeting minutes of the jasmyn board or governance committee as appropriate.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Jasmyn Properties Inc
EIN
35-2300207
Phone
9043890089
Address
PO BOX 380103, JACKSONVILLE, FL 32205

Signing Officer

Name
Barbara Drake
Title
Treasurer
Signed
2016-05-23

Organization Details

Principal Officer
Cynthia Watson
Voting Board Members
8
Independent Board Members
7
Employees
0

Preparer

Firm
JAMES KNUTZEN & ASSOC CPA'S PA
Address
5150 BELFORT RD BLDG 300, JACKSONVILLE, FL 32256
Preparer
Barbara Towle
Phone
9047255832
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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BYLAWS WERE UPDATED TO CLARIFY THAT JACKSONVILLE AREA SEXUAL MINORITY YOUTH NETWORK, INC. IS THE SOLE MEMBER AND SHAREHOLDER FOR JASMYN PROPERTIES, INC. THE NUMBER OF MEMBERS/OFFICERS WAS UPDATED. THE EXECUTIVE DIRECTOR OF JACKSONVILLE AREA SEXUAL MINORITY YOUTH NETWORK, INC. IS A DIRECTOR OF THE BOARD OF JASMYN PROPERTIES, INC. AND IS NOT SUBJECT TO TERM LIMITS BUT CAN BE VOTED OFF OF THE BOARD. UPON DISSOLUTION OF JASMYN PROPERTIES, INC. ASSETS WILL GO TO JACKSONVILLE AREA SEXUAL MINORITY YOUTH NETWORK, INC. AMENDMENTS TO THE BYLAWS OF JASMYN PROPERTIES, INC. MUST BE APPROVED BY THE BOARD OF JACKSONVILLE AREA SEXUAL MINORITY YOUTH NETWORK, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR AND JASMYN FISCAL COMMITTEE, WHICH INCLUDES THE JPI BOARD TREASURER AND SECRETARY, REVIEW THE FORM 990, AND THEN BRING THE FINAL FORM TO THE JASMYN AND JPI BOARD TO REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL JASMYN AND JPI BOARD MEMBERS ARE REQUIRED TO SUBMIT A SIGNED ANNUAL DISCLOSURE OF CONFLICT FORM, AND ARE EXPECTED TO DISCLOSE ALL POTENTIAL CONFLICTS OF INTEREST IN PERTINENT MATTERS AND PROPOSED OR ONGOING TRANSACTIONS. JASMYN'S FISCAL COMMITTEE AND GOVERNANCE COMMITTEE MONITOR POTENTIAL CONFLICTS OF INTEREST FOR JPI. THE GOVERNANCE COMMITTEE DETERMINES WHEN A CONFLICT EXISTS AND IDENTIFIES ANY RESTRICTIONS THAT SHOULD BE MADE, SUCH AS PROHIBITING A MEMBER WITH A CONFLICT OF INTEREST FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION WHERE THE CONFLICT IS PRESENT. THE DISCUSSION, DETERMINATION, AND ANY RESTRICTIONS MADE ARE RECORDED IN THE MEETING MINUTES OF THE JASMYN BOARD OR GOVERNANCE COMMITTEE AS APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 4
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt0AREA SEXUAL MINORITY YOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JACKSONVILLE AREA SEXUAL MINORITY Y
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0593284175
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0YOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 380103
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0JACKSONVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd032205
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0192073
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt164400
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH TRANSFER
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JACKSONVILLE AREA SEXUAL MINORITY Y
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1JACKSONVILLE AREA SEXUAL MINORITY Y
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0462955
IRS990/TotalAssetsEOYAmt0675214
IRS990/TotalAssetsGrp/BOYAmt0462955
IRS990/TotalAssetsGrp/EOYAmt0675214
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0197073
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09010
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt025457
IRS990/TotalFunctionalExpensesGrp/TotalAmt034467
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0171388
IRS990/TotalLiabilitiesEOYAmt0156641
IRS990/TotalLiabilitiesGrp/BOYAmt0171388
IRS990/TotalLiabilitiesGrp/EOYAmt0156641
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0291567
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0518573
IRS990/TotalOtherCompensationAmt015808
IRS990/TotalProgramServiceExpensesAmt025457
IRS990/TotalProgramServiceRevenueAmt064400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0261473
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0462955
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0675214
IRS990/TotReportableCompRltdOrgAmt071339
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0291567
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0518573
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BARBARA DRAKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JASMYN PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0JASM
ReturnHeader/Filer/EIN0352300207
ReturnHeader/Filer/PhoneNum09043890089
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 380103
ReturnHeader/Filer/USAddress/CityNm0JACKSONVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032205
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592026532
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES KNUTZEN & ASSOC CPA'S PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05150 BELFORT RD BLDG 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032256
ReturnHeader/PreparerPersonGrp/PhoneNum09047255832
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARBARA TOWLE
ReturnHeader/ReturnTs02016-06-01T11:07:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$0.27$2.70$0.11$0.18$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.27$1.70$0.11$0.14$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.03$0.29$1.73$0.36$0.15$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.32$1.53$0.21$0.16$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.33$1.47$1.35$0.59$0.76
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.24$0.72$0.14$0.10$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.00$0.68$0.10$0.05$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$0.26$0.15$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.16$0.52$0.26$0.03$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.17$0.29$0.24$0.03$0.21
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.19$0.08$0.03$0.02$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.20$0.07$0.03$0.02$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.20$0.06$0.03$0.02$0.01