Civic Intelligence

Town Square Neighborhood Development

EIN 45-3056903 • 501(c)3 • Miami, FL

Profile

The organization was created to provide a broad source of community support for the enhancement, development, and improvement of the south florida community.

1300 Biscayne BoulevardMiami, FL 33132

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

32nd percentile

-8.5%

Higher net margin than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

75th percentile

25%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $127,713 (-100%) from 2022

Liabilities

Down

$0

Down $101,710 (-100%) from 2022

Net Assets

Down

$0

Down $26,003 (-100%) from 2022

Revenue

Up

$305,307

Up $61,400 (+25%) from 2022

Expenses

Up

$331,310

Up $8,920 (+2.8%) from 2022

Net Income

Up

-$26,003

Up $52,480 (+67%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $69,202Liabilities 2012: $32,459Net Assets 2012: $36,7432012Assets 2013: $199,059Liabilities 2013: $0Net Assets 2013: $199,0592013Assets 2014: $222,365Liabilities 2014: $13,023Net Assets 2014: $209,3422014Assets 2015: $133,521Liabilities 2015: $4,045Net Assets 2015: $129,4762015Assets 2016: $118,366Liabilities 2016: $0Net Assets 2016: $118,3662016Assets 2021: $109,712Liabilities 2021: $5,226Net Assets 2021: $104,4862021Assets 2022: $127,713Liabilities 2022: $101,710Net Assets 2022: $26,0032022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2012: $670,2832012Revenue 2013: $250,053Expenses 2013: $87,737Net Income 2013: $162,3162013Revenue 2014: $125,048Expenses 2014: $114,765Net Income 2014: $10,2832014Revenue 2015: $26Expenses 2015: $79,892Net Income 2015: -$79,8662015Revenue 2016: $19Expenses 2016: $11,129Net Income 2016: -$11,1102016Revenue 2021: $157,070Expenses 2021: $61,062Net Income 2021: $96,0082021Revenue 2022: $243,907Expenses 2022: $322,390Net Income 2022: -$78,4832022Revenue 2023: $305,307Expenses 2023: $331,310Net Income 2023: -$26,0032023

Highlighted filing

2023

Revenue$305,307
Expenses$331,310
Net Income-$26,003

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 9, 2024
Return Version
2022v5.0
Gross Receipts
$305,307
Mission and Program Overview

Mission

To help create and sustain a vibrant and attractive urban setting to secure both the arsht center's future and that of the surrounding community.

The organization was created to provide a broad source of community support for the enhancement, development, and improvement of the south florida community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$127,713$0▼ $127,713
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$127,713$0▼ $127,713
Other Assets Total-$0-
Liabilities
Deferred Revenue$100,000$0▼ $100,000
Accounts Payable and Accrued Expenses$1,710$0▼ $1,710
Total Liabilities$101,710$0▼ $101,710
Net Assets / Fund Balance
Net Assets With Donor Restrictions$105,780$0▼ $105,780
Net Assets Without Donor Restrictions$-79,777$0▲ $79,777
Total Net Assets Fund Balance$26,003$0▼ $26,003
Total Liabilities and Net Assets / Fund Balance$127,713$0▼ $127,713
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jessica Goldman-srebnickChair Until 9/2023
Eric WoolworthVice Chair Until 9/2023
Aaron S PodhurstDirector Until 9/2023
Manuel DiazDirector Until 9/2023
Nelson L AdamsDirector Until 9/2023
Otto Boudet-muriasDirector Until 9/2023
Raul MoasDirector Until 9/2023
Rebecca MandelmanDirector Until 9/2023
Richard C PfennigerDirector Until 9/2023
Debra SchollSecretary Until 5/2023
Alan FeinTreasurer Until 9/2023
Revenue and Support

Revenue Composition

Contributions and Grants
$305,000
Program Service Revenue
$0
Investment Income
$307
Other Revenue
$0
All Other Contributions
$305,000
Change in Net Assets
$-26,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$331,310
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
Fees for Services Other$143,975$77,978-$221,953
Other Expenses-$100,000-$100,000
Fees for Services Legal-$7,700-$7,700
Insurance-$1,657-$1,657
Total Functional Expenses$143,975$187,335$0$331,310
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the form 990 is prepared by external auditors and reviewed by the chief financial officer of the adrienne arsht center trust and the executive director of tsndc.

Form 990, Part VI, Section B, Line 12

The organization monitors its conflict of interest policy annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Town Square Neighborhood Development
EIN
45-3056903
Phone
7864682000
Address
1300 BISCAYNE BOULEVARD, MIAMI, FL 33132

Signing Officer

Name
Jessica Goldman-srebnick
Title
Chair
Phone
7864682000
Signed
2024-08-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jessica Goldman-srebnick
Formed
2011
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Marcum Llp
Address
1899 L STREET NW 850, WASHINGTON, DC 20036
Preparer
Aaron M Fox
Phone
2022274000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting and professional fees: program service expenses 143,975. Management and general expenses 77,978. Fundraising expenses 0. Total expenses 221,953.

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IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0THE MIAMI FOUNDATION INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-09-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0650350357
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt077978
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt040 NW 3RD STREET SUITE 305
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0MIAMI
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd033128
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE FORM 990 IS PREPARED BY EXTERNAL AUDITORS AND REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE ADRIENNE ARSHT CENTER TRUST AND THE EXECUTIVE DIRECTOR OF TSNDC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MONITORS ITS CONFLICT OF INTEREST POLICY ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING AND PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 143,975. MANAGEMENT AND GENERAL EXPENSES 77,978. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 221,953.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0127713
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0127713
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0305000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0187335
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0143975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0331310
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0101710
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt0101710
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026003
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0143975
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0307
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0305307
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0127713
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01300 BISCAYNE BOULEVARD
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033132
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JESSICA GOLDMAN-SREBNICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07864682000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOWN SQUARE NEIGHBORHOOD DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0TOWN
ReturnHeader/Filer/EIN0453056903
ReturnHeader/Filer/PhoneNum07864682000
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 BISCAYNE BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033132
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0111986323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MARCUM LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01899 L STREET NW 850
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020036
ReturnHeader/PreparerPersonGrp/PhoneNum02022274000
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON M FOX
ReturnHeader/ReturnTs02024-08-09T15:23:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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