Civic Intelligence

Peace River Explorations Inc.

990EZ • Fiscal year 2022 • EIN 45-2316825

Oct 01, 2021 to Sep 30, 2022 • Filed on Aug 22, 2023

PO Box 412Zolfo Springs, FL 33890

(863) 473-5070

Siviq Scores

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

Liabilities / Assets

77th percentile

0.06x

Higher debt load relative to assets than 77% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

7.7%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.8%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$81,245

Up $5,826 (+7.7%) from 2021

Net Assets

$76,073

No earlier filing loaded for comparison.

Liabilities

Up

$5,172

Up $366 (+7.6%) from 2021

Revenue

Down

$54,913

Down $453 (-0.8%) from 2021

Expenses

Down

$48,704

Down $2,324 (-4.6%) from 2021

Net Income

Up

$6,209

Up $1,871 (+43%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2012: $136,780Liabilities 2012: $02012Assets 2015: $15,288Liabilities 2015: $930Net Assets 2015: $14,3582015Assets 2016: $12,496Liabilities 2016: $0Net Assets 2016: $12,4962016Assets 2017: $8,184Liabilities 2017: $0Net Assets 2017: $8,1842017Assets 2019: $67,461Liabilities 2019: $6,425Net Assets 2019: $61,0362019Assets 2020: $70,668Liabilities 2020: $4,965Net Assets 2020: $65,7032020Assets 2021: $75,419Liabilities 2021: $4,8062021Assets 2022: $81,245Liabilities 2022: $5,172Net Assets 2022: $76,0732022Assets 2023: $53,771Liabilities 2023: $5,493Net Assets 2023: $48,2782023

Highlighted filing

2022

Assets$81,245
Liabilities$5,172
Net Assets$76,073

Operations Trend

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

$200K$100K$0-$100KRevenue 2012: $161,775Expenses 2012: $24,994Net Income 2012: $136,7812012Revenue 2015: $57,963Expenses 2015: $98,877Net Income 2015: -$40,9142015Revenue 2016: $19,243Expenses 2016: $21,105Net Income 2016: -$1,8622016Revenue 2017: $8,293Expenses 2017: $12,546Net Income 2017: -$4,2532017Revenue 2019: $78,092Expenses 2019: $29,343Net Income 2019: $48,7492019Revenue 2020: $61,381Expenses 2020: $56,714Net Income 2020: $4,6672020Revenue 2021: $55,366Expenses 2021: $51,028Net Income 2021: $4,3382021Revenue 2022: $54,913Expenses 2022: $48,704Net Income 2022: $6,2092022Revenue 2023: $45,615Expenses 2023: $71,608Net Income 2023: -$25,9932023

Highlighted filing

2022

Revenue$54,913
Expenses$48,704
Net Income$6,209
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Aug 22, 2023
Return Version
2021v4.0
Gross Receipts
$113,887
Mission and Program Overview

Mission

Peace River Explorations, Inc. exists to promote the discovery of Hardee County and the Peace River by providing visitors with comprehensive information about the area's rich heritage, natural beauty, exqusiite art and unique culture. The relatively young organization strives to bring others into the community of Hardee County, FL to show them why it is such a great place. The culture in the area is very unique and the organization exists to promote and save that culture.

Peace river explorations inc exists to promote the discovery of hardee county and the peace river by providing visitors with comprehensive information about the area's rich heritage, natural beauty, exquisite art and unique culture. The organization strives to bring other into the community of hardee county, fl to show them why it is such a great place. The culture in the area is very unique and the organization exists to promote and save that culture.

Program Services

DescriptionGrantsExpenses
EDUCATE VISITORS IN THE RICH HERITAGE, NATURAL BEAUTY, ART & CULTURE OF HARDEE COUNTY, FL.-$48,704
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAITLIN SMITHPresident-$0--
BARNEY CHERRYVice Preside-$0--
APRIL MCQUAIGTreasurer-$0--
GLEN BERGENSBoard Member-$0--
NICOLE DRAKEBoard Member-$0--
DANIEL LEAKEYBoard Member-$0--
KAY CREWSBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pioneer Festiva$111,673$111,673$50,199$61,474
Total Events$111,673$111,673$58,057$53,616
Filing and Contact Details

Filer

Filer Name
Peace River Explorations Inc
EIN
45-2316825
Address
PO BOX 412, ZOLFO SPRINGS, FL 33890

Signing Officer

Name
Caitlin Smith
Title
President
Signed
2023-08-22
Discuss with paid preparer
Yes

Preparer

Firm
Hackney Ames & Reichel Pa Cpas
Address
PO BOX 1359, ARCADIA, FL 34265-1359
Preparer
Danna L Van Sickle Ea
Phone
8634946495
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing & advertising 4,037 office supplies 6,467 meeting meals 540 insurance 842 bank charges 42 contract labor 50 dues & subscriptions 281 repairs & maintenance 1,620 training & education 1,940 non-investment depreciation 808 total 16,627

Form 990-ez, Part I, Line 20

Penalties -150 prior year adjustment -600

Form 990-ez, Part II, Line 24

Furniture & equipment 7,323 7,323 less accumulated depreciation 3,758 4,567 n/r dawn stark 470 0 total 4,035 2,756

Form 990-ez, Part II, Line 26

Deferred revenue 4,322 5,000 n/p dawn stark 484 172

Form 990-ez, Part III

Peace river explorations inc exists to promote the discovery of hardee county and the peace river by providing visitors with comprehensive information about the area's rich heritage, natural beauty, exquisite art and unique culture. The organization strives to bring other into the community of hardee county, fl to show them why it is such a great place. The culture in the area is very unique and the organization exists to promote and save that culture.

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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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IRS990EZ/PrimaryExemptPurposeTxt0PEACE RIVER EXPLORATIONS INC EXISTS TO PROMOTE THE DISCOVERY OF HARDEE COUNTY AND THE PEACE RIVER BY PROVIDING VISITORS WITH COMPREHENSIVE INFORMATION ABOUT THE AREA'S RICH HERITAGE, NATURAL BEAUTY, EXQUISITE ART AND UNIQUE CULTURE. THE ORGANIZATION STRIVES TO BRING OTHER INTO THE COMMUNITY OF HARDEE COUNTY, FL TO SHOW THEM WHY IT IS SUCH A GREAT PLACE. THE CULTURE IN THE AREA IS VERY UNIQUE AND THE ORGANIZATION EXISTS TO PROMOTE AND SAVE THAT CULTURE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING & ADVERTISING 4,037 OFFICE SUPPLIES 6,467 MEETING MEALS 540 INSURANCE 842 BANK CHARGES 42 CONTRACT LABOR 50 DUES & SUBSCRIPTIONS 281 REPAIRS & MAINTENANCE 1,620 TRAINING & EDUCATION 1,940 NON-INVESTMENT DEPRECIATION 808 TOTAL 16,627
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PENALTIES -150 PRIOR YEAR ADJUSTMENT -600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FURNITURE & EQUIPMENT 7,323 7,323 LESS ACCUMULATED DEPRECIATION 3,758 4,567 N/R DAWN STARK 470 0 TOTAL 4,035 2,756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 4,322 5,000 N/P DAWN STARK 484 172
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PEACE RIVER EXPLORATIONS INC EXISTS TO PROMOTE THE DISCOVERY OF HARDEE COUNTY AND THE PEACE RIVER BY PROVIDING VISITORS WITH COMPREHENSIVE INFORMATION ABOUT THE AREA'S RICH HERITAGE, NATURAL BEAUTY, EXQUISITE ART AND UNIQUE CULTURE. THE ORGANIZATION STRIVES TO BRING OTHER INTO THE COMMUNITY OF HARDEE COUNTY, FL TO SHOW THEM WHY IT IS SUCH A GREAT PLACE. THE CULTURE IN THE AREA IS VERY UNIQUE AND THE ORGANIZATION EXISTS TO PROMOTE AND SAVE THAT CULTURE.
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
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAITLIN SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-22
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PEACE RIVER EXPLORATIONS INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA VISIT HARDEE
ReturnHeader/Filer/BusinessNameControlTxt0PEAC
ReturnHeader/Filer/EIN0452316825
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 412
ReturnHeader/Filer/USAddress/CityNm0ZOLFO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033890
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HACKNEY AMES & REICHEL PA CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1359
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0342651359
ReturnHeader/PreparerPersonGrp/PhoneNum08634946495
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANNA L VAN SICKLE EA
ReturnHeader/ReturnTs02023-08-30T10:14:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAITLIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

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