Civic Intelligence

Doral Business Council Inc

EIN 42-1617317 • 501(c)6 • Doral, FL

Profile

The dbc will always work to find and/or expand relationship building opportunities and strategic alliances. We work within our core values to make sure that everyone touched by the dbc will benefit greatly. We provide business advocacy on behalf, and for the benefit of our members. In addition, we provide our members with useful and relevant information. We create an environment of networking that will help participants expand their professional and workforce development, as well as provide them with promotional and marketing opportunities. We provide events relevant to our business community. Our events will always be of the utmost quality and practical application to the participants.

7955 NW 12 Street Suite 312Doral, FL 33126

www.doralbusiness.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.11x

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

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

Liabilities / Revenue

66th percentile

0.03x

Higher debt load relative to revenue than 66% of similar nonprofits.

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

Net Margin

18th percentile

-28%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

14th percentile

-52%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

25th percentile

-21%

Faster revenue growth than 25% of similar nonprofits.

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

Assets

Down

$19,776

Down $21,819 (-52%) from 2016

Liabilities

Up

$2,100

Up $2,100 from 2016

Net Assets

Down

$17,676

Down $23,919 (-58%) from 2016

Revenue

Down

$82,796

Down $22,072 (-21%) from 2016

Expenses

Up

$105,770

Up $6,724 (+6.8%) from 2016

Net Income

Down

-$22,974

Down $28,796 (-495%) from 2016

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2010: $81,219Liabilities 2010: $5,613Net Assets 2010: $75,6062010Assets 2011: $38,324Liabilities 2011: $4,245Net Assets 2011: $34,0792011Assets 2012: $34,038Liabilities 2012: $1,555Net Assets 2012: $32,4832012Assets 2013: $51,495Liabilities 2013: $7,478Net Assets 2013: $44,0172013Assets 2014: $8,401Liabilities 2014: $7,448Net Assets 2014: $9532014Assets 2015: $35,098Liabilities 2015: $0Net Assets 2015: $35,0982015Assets 2016: $41,595Liabilities 2016: $0Net Assets 2016: $41,5952016Assets 2017: $19,776Liabilities 2017: $2,100Net Assets 2017: $17,6762017

Highlighted filing

2017

Assets$19,776
Liabilities$2,100
Net Assets$17,676

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2010: $322,404Expenses 2010: $330,027Net Income 2010: -$7,6232010Revenue 2011: $312,751Expenses 2011: $325,680Net Income 2011: -$12,9292011Revenue 2012: $292,109Expenses 2012: $298,487Net Income 2012: -$6,3782012Revenue 2013: $342,964Expenses 2013: $325,715Net Income 2013: $17,2492013Revenue 2014: $278,371Expenses 2014: $278,926Net Income 2014: -$5552014Revenue 2015: $172,427Expenses 2015: $139,135Net Income 2015: $33,2922015Revenue 2016: $104,868Expenses 2016: $99,046Net Income 2016: $5,8222016Revenue 2017: $82,796Expenses 2017: $105,770Net Income 2017: -$22,9742017

Highlighted filing

2017

Revenue$82,796
Expenses$105,770
Net Income-$22,974

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 23, 2017
Return Version
2017v2.2
Gross Receipts
$82,796
Mission and Program Overview

Mission

The dbc will always work to find and/or expand relationship building opportunities and strategic alliances. We work within our core values to make sure that everyone touched by the dbc will benefit greatly. We provide business advocacy on behalf, and for the benefit of our members. In addition, we provide our members with useful and relevant information. We create an environment of networking that will help participants expand their professional and workforce development, as well as provide them with promotional and marketing opportunities. We provide events relevant to our business community. Our events will always be of the utmost quality and practical application to the participants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$30,381$12,172▼ $18,209
Accounts Receivable$7,595$4,280▼ $3,315
Prepaid Expenses and Deferred Charges$1,063$1,360▲ $297
Land, Buildings, and Equipment, Net$1,533$941▼ $592
Total Assets$41,595$19,776▼ $21,819
Other Assets Total$1,023$1,023→ $0
Liabilities
Other Liabilities-$2,100-
Total Liabilities$0$2,100▲ $2,100
Net Assets / Fund Balance
Unrestricted Net Assets$41,595$17,676▼ $23,919
Total Net Assets Fund Balance$41,595$17,676▼ $23,919
Total Liabilities and Net Assets / Fund Balance$41,595$19,776▼ $21,819

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$941$1,345$2,286
Other Assets Org$1,023--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carlos MartinezDirector
Iris GarciaDirector
Knicole WhiteDirector
Barbara PimentelExecutive Co
Gloria BurnsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$68,061
Program Service Revenue
$14,735
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,946
Change in Net Assets
$-22,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,133
Salaries, Compensation, and Employee Benefits$44,637
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$33,172$8,293-$41,465
Fees for Services Other$31,556$6,068-$37,624
Conferences and Meetings$11,219--$11,219
Information Technology$2,278$1,484-$3,762
Office Expenses$3,073$449-$3,522
Payroll Taxes$2,538$634-$3,172
Advertising$2,604--$2,604
Insurance-$1,514-$1,514
Depreciation Depletion$322--$322
Other Expenses$242$44-$44
Travel$25$5-$30
Total Functional Expenses$87,279$18,491$0$105,770
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liability$2,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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, Page 6, Part VI, Line 11B

The procedures: the organization's management performs a preliminary review of the 990's received via email. The organization's management then reviews the final 990 with its board members at meeting with management. Once approved, the firm is notified by the organization's management for processing.

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

Each director, chairman, and chair-elect, shall disclose to the board, at its regular meetings, all financial interests and family relationships that could give rise to conflict of interest. The board shall determine if a conflict of interest exists. The individual(s) involved with the transaction shall not be present during the board's discussion or determination of whether a conflict of interest exits. The board is responsible for deciding whether to enter into a transaction and, if so, to ensure that the terms of the transaction are appropriate. The board may ask questions of and receive presentation(s) from interested person(s), but shall deliberate and vote on the transaction in their absence. The board determines that all material facts regarding the transaction and the conflict of interest have been disclosed to the board and shall compile appropriate data, such as comparability studies, to determine fair market value for the transaction. After exercising due diligence, which may include investigating alternatives that present no conflict, the board determines whether the transaction is in the organization's best interest, for its own benefit, and whether it is fair and reasonable to the organization; the majority of disinterested members of the board then in office approves the transaction.

Form 990, Page 6, Part VI, Line 15A

By meeting and discussion of the board of directors documented in the minutes.

Form 990, Page 6, Part VI, Line 15B

By meeting and discussion of the board of directors documented in the minutes.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Doral Business Council Inc
EIN
42-1617317
Phone
3054709597
Address
7955 NW 12 STREET SUITE 312, DORAL, FL 33126

Signing Officer

Name
Iris Garcia
Title
Director
Phone
3054999430
Signed
2017-02-23
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
1

Preparer

Firm
Rodriguez Trueba & Company
Address
1985 NW 88 COURT SUITE 101, MIAMI, FL 33172
Preparer
Carlos Trueba
Phone
3055932644
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The dbc will always work to find and/or expand relationship building opportunities and strategic alliances. We work within our core values to make sure that everyone touched by the dbc will benefit greatly. We provide business advocacy on behalf, and for the benefit of our members. In addition, we provide our members with useful and relevant information. We create an environment of networking that will help participants expand their professional and workforce development, as well as provide them with promotional and marketing opportunities. We provide events relevant to our business community. Our events will always be of the utmost quality and practical application to the participants.

Form 990, Page 2, Part III, Line 4D

Business advocacy activities - the organization provides business advocacy on behalf and for the benefit of our members.

Form 990, Part IX, Line 11G

Equipment rental & maintenanc 15,313 0 0 facilities and equipment 370 0 0 mileage reimbursement 526 0 0 operations - other 162 29 0 payroll fees 1,380 0 0 professional fees 7,100 0 0 rent, parking, utilities 6,039 6,039 0 supplies 666 0 0 total 31,556 6,068 0

Form 990, Part XI, Line 9

Book / tax depreciation difference -270 to correct py accumulated dep on books -675 total -945

Raw XML Appendix312 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/FormationYr02004
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DBC WILL ALWAYS WORK TO FIND AND/OR EXPAND RELATIONSHIP BUILDING OPPORTUNITIES AND STRATEGIC ALLIANCES. WE WORK WITHIN OUR CORE VALUES TO MAKE SURE THAT EVERYONE TOUCHED BY THE DBC WILL BENEFIT GREATLY. WE PROVIDE BUSINESS ADVOCACY ON BEHALF, AND FOR THE BENEFIT OF OUR MEMBERS. IN ADDITION, WE PROVIDE OUR MEMBERS WITH USEFUL AND RELEVANT INFORMATION. WE CREATE AN ENVIRONMENT OF NETWORKING THAT WILL HELP PARTICIPANTS EXPAND THEIR PROFESSIONAL AND WORKFORCE DEVELOPMENT, AS WELL AS PROVIDE THEM WITH PROMOTIONAL AND MARKETING OPPORTUNITIES. WE PROVIDE EVENTS RELEVANT TO OUR BUSINESS COMMUNITY. OUR EVENTS WILL ALWAYS BE OF THE UTMOST QUALITY AND PRACTICAL APPLICATION TO THE PARTICIPANTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS ADVOCACY ACTIVITIES - THE ORGANIZATION PROVIDES BUSINESS ADVOCACY ON BEHALF AND FOR THE BENEFIT OF OUR MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCEDURES: THE ORGANIZATION'S MANAGEMENT PERFORMS A PRELIMINARY REVIEW OF THE 990'S RECEIVED VIA EMAIL. THE ORGANIZATION'S MANAGEMENT THEN REVIEWS THE FINAL 990 WITH ITS BOARD MEMBERS AT MEETING WITH MANAGEMENT. ONCE APPROVED, THE FIRM IS NOTIFIED BY THE ORGANIZATION'S MANAGEMENT FOR PROCESSING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH DIRECTOR, CHAIRMAN, AND CHAIR-ELECT, SHALL DISCLOSE TO THE BOARD, AT ITS REGULAR MEETINGS, ALL FINANCIAL INTERESTS AND FAMILY RELATIONSHIPS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BOARD SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. THE INDIVIDUAL(S) INVOLVED WITH THE TRANSACTION SHALL NOT BE PRESENT DURING THE BOARD'S DISCUSSION OR DETERMINATION OF WHETHER A CONFLICT OF INTEREST EXITS. THE BOARD IS RESPONSIBLE FOR DECIDING WHETHER TO ENTER INTO A TRANSACTION AND, IF SO, TO ENSURE THAT THE TERMS OF THE TRANSACTION ARE APPROPRIATE. THE BOARD MAY ASK QUESTIONS OF AND RECEIVE PRESENTATION(S) FROM INTERESTED PERSON(S), BUT SHALL DELIBERATE AND VOTE ON THE TRANSACTION IN THEIR ABSENCE. THE BOARD DETERMINES THAT ALL MATERIAL FACTS REGARDING THE TRANSACTION AND THE CONFLICT OF INTEREST HAVE BEEN DISCLOSED TO THE BOARD AND SHALL COMPILE APPROPRIATE DATA, SUCH AS COMPARABILITY STUDIES, TO DETERMINE FAIR MARKET VALUE FOR THE TRANSACTION. AFTER EXERCISING DUE DILIGENCE, WHICH MAY INCLUDE INVESTIGATING ALTERNATIVES THAT PRESENT NO CONFLICT, THE BOARD DETERMINES WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE TO THE ORGANIZATION; THE MAJORITY OF DISINTERESTED MEMBERS OF THE BOARD THEN IN OFFICE APPROVES THE TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BY MEETING AND DISCUSSION OF THE BOARD OF DIRECTORS DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BY MEETING AND DISCUSSION OF THE BOARD OF DIRECTORS DOCUMENTED IN THE MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EQUIPMENT RENTAL & MAINTENANC 15,313 0 0 FACILITIES AND EQUIPMENT 370 0 0 MILEAGE REIMBURSEMENT 526 0 0 OPERATIONS - OTHER 162 29 0 PAYROLL FEES 1,380 0 0 PROFESSIONAL FEES 7,100 0 0 RENT, PARKING, UTILITIES 6,039 6,039 0 SUPPLIES 666 0 0 TOTAL 31,556 6,068 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE -270 TO CORRECT PY ACCUMULATED DEP ON BOOKS -675 TOTAL -945
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt041595
IRS990/TotalAssetsEOYAmt019776
IRS990/TotalAssetsGrp/BOYAmt041595
IRS990/TotalAssetsGrp/EOYAmt019776
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt068061
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018491
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087279
IRS990/TotalFunctionalExpensesGrp/TotalAmt0105770
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02100
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02100
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt041595
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt017676
IRS990/TotalProgramServiceRevenueAmt014735
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014735
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt082796
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt041595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt019776
IRS990/TravelGrp/ManagementAndGeneralAmt05
IRS990/TravelGrp/ProgramServicesAmt025
IRS990/TravelGrp/TotalAmt030
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt041595
IRS990/UnrestrictedNetAssetsGrp/EOYAmt017676
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.DORALBUSINESS.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IRIS GARCIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03054999430
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DORAL BUSINESS COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0DORA
ReturnHeader/Filer/EIN0421617317
ReturnHeader/Filer/PhoneNum03054709597
ReturnHeader/Filer/USAddress/AddressLine1Txt07955 NW 12 STREET SUITE 312
ReturnHeader/Filer/USAddress/CityNm0DORAL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033126
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AA028B94D32899678834B60BAE0AEAB7EC7B62AF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DAEC5A2CFBCD6513EAB307D58D3F16A357E60B63
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.9.134.121
ReturnHeader/FilingSecurityInformation/IPDt02018-03-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:59:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592738713
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RODRIGUEZ TRUEBA & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01985 NW 88 COURT SUITE 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033172
ReturnHeader/PreparerPersonGrp/PhoneNum03055932644
ReturnHeader/PreparerPersonGrp/PreparationDt02018-03-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLOS TRUEBA
ReturnHeader/ReturnTs02018-03-06T14:59:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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