Civic Intelligence

Winter Haven Economic Development

990 • Fiscal year 2016 • EIN 45-3154152

Oct 01, 2015 to Sep 30, 2016

Organization ProfileWWW.WHEDC.COM
Winter Haven, FL
Siviq Scores

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

Liabilities / Assets

88th percentile

0.40x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

0.31x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

63rd percentile

7.3%

Higher net margin than 63% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

85th percentile

32%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-9.4%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$230,652

Up $55,519 (+32%) from 2015

Net Assets

Up

$139,006

Up $21,479 (+18%) from 2015

Liabilities

Up

$91,646

Up $34,040 (+59%) from 2015

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin63rd percentile

Revenue

Down

$294,198

Down $30,506 (-9.4%) from 2015

Expenses

Down

$272,719

Down $21,759 (-7.4%) from 2015

Net Income

Down

$21,479

Down $8,747 (-29%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$800K$600K$400K$200K$0Assets 2012: $84,677Liabilities 2012: $37,514Net Assets 2012: $47,1632012Assets 2013: $111,311Liabilities 2013: $24,176Net Assets 2013: $87,1352013Assets 2014: $135,126Liabilities 2014: $47,825Net Assets 2014: $87,3012014Assets 2015: $175,133Liabilities 2015: $57,606Net Assets 2015: $117,5272015Assets 2016: $230,652Liabilities 2016: $91,646Net Assets 2016: $139,0062016Assets 2017: $249,085Liabilities 2017: $70,322Net Assets 2017: $178,7632017Assets 2018: $268,293Liabilities 2018: $71,050Net Assets 2018: $197,2432018Assets 2019: $292,166Liabilities 2019: $72,287Net Assets 2019: $219,8792019Assets 2020: $297,674Liabilities 2020: $85,236Net Assets 2020: $212,4382020Assets 2021: $342,345Liabilities 2021: $82,410Net Assets 2021: $259,9352021Assets 2022: $363,508Liabilities 2022: $82,054Net Assets 2022: $281,4542022Assets 2023: $440,480Liabilities 2023: $93,947Net Assets 2023: $346,5332023Assets 2024: $519,560Liabilities 2024: $109,528Net Assets 2024: $410,0322024Assets 2025: $610,841Liabilities 2025: $122,489Net Assets 2025: $488,3522025

Highlighted filing

2016

Assets$230,652
Liabilities$91,646
Net Assets$139,006
Open 2016 Filing

Operations Trend

Revenue Growth28th percentile

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

$600K$400K$200K$0-$200KExpenses 2012: $183,6872012Expenses 2013: $214,0332013Revenue 2014: $223,415Expenses 2014: $223,249Net Income 2014: $1662014Revenue 2015: $324,704Expenses 2015: $294,478Net Income 2015: $30,2262015Revenue 2016: $294,198Expenses 2016: $272,719Net Income 2016: $21,4792016Revenue 2017: $310,268Expenses 2017: $270,511Net Income 2017: $39,7572017Revenue 2018: $285,790Expenses 2018: $267,310Net Income 2018: $18,4802018Revenue 2019: $302,894Expenses 2019: $280,258Net Income 2019: $22,6362019Revenue 2020: $295,313Expenses 2020: $302,754Net Income 2020: -$7,4412020Revenue 2021: $303,850Expenses 2021: $256,353Net Income 2021: $47,4972021Revenue 2022: $384,171Expenses 2022: $362,652Net Income 2022: $21,5192022Revenue 2023: $471,163Expenses 2023: $406,084Net Income 2023: $65,0792023Revenue 2024: $541,581Expenses 2024: $478,083Net Income 2024: $63,4982024Revenue 2025: $589,058Expenses 2025: $510,738Net Income 2025: $78,3202025

Highlighted filing

2016

Revenue$294,198
Expenses$272,719
Net Income$21,479
Open 2016 Filing
Filing Detail Status

This 2016 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)
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Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Mission and Program Overview

Mission

Our mission is to assist the public and private sector to grow a resilient, inclusive, and equitable economy in winter haven. The whedc occupies a unique position in winter haven, working for the benefit of community and economic growth. The whedc staff and investors use our vision and technical expertise to assist the community and whedc stakeholders with growth, engagement, collaboration, guidance, and vision.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$230,652
Liabilities
$91,646
Net assets
$139,006
Revenue
$294,198
Expenses
$272,719
Net income
$21,479
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.11$1.22$4.88$5.89$5.11$0.78
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.20$1.10$4.10$5.42$4.78$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.40$0.94$3.47$4.71$4.06$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.64$0.82$2.81$3.84$3.63$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$0.82$2.60$3.04$2.56$0.47
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.85$2.12$2.95$3.03$0.07
2019Summary only. Only limited summary data is available for this year.$2.92$0.72$2.20$3.03$2.80$0.23
2018Summary only. Only limited summary data is available for this year.$2.68$0.71$1.97$2.86$2.67$0.18
2017Summary only. Only limited summary data is available for this year.$2.49$0.70$1.79$3.10$2.71$0.40
2016Summary only. Only limited summary data is available for this year.$2.31$0.92$1.39$2.94$2.73$0.21
2015Summary only. Only limited summary data is available for this year.$1.75$0.58$1.18$3.25$2.94$0.30
2014Summary only. Only limited summary data is available for this year.$1.35$0.48$0.87$2.23$2.23$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.24$0.87$2.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.38$0.47$1.84