Civic Intelligence

Institute for Strategic Policy Solutions Inc

990 • Fiscal year 2021 • EIN 45-3194848

Apr 01, 2020 to Mar 31, 2021 • Filed on Aug 10, 2021

PO Box 13489Saint Petersburg, FL 33733

(727) 394-6251

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

79th percentile

36%

Higher net margin than 79% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$115,766

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 26.2% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

83rd percentile

62%

Faster asset growth than 83% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

36%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$422,079

Up $161,741 (+62%) from 2020

Net Assets

Up

$421,034

Up $160,746 (+62%) from 2020

Liabilities

Up

$1,045

Up $995 (+1990%) from 2020

Revenue

Up

$441,712

Up $116,088 (+36%) from 2020

Expenses

Down

$280,966

Down $41,158 (-13%) from 2020

Net Income

Up

$160,746

Up $157,246 (+4493%) from 2020

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2013: $186,048Liabilities 2013: $173,552Net Assets 2013: $12,4962013Assets 2014: $278,631Liabilities 2014: $262,106Net Assets 2014: $16,5252014Assets 2015: $74,096Liabilities 2015: $1,144Net Assets 2015: $72,9522015Assets 2016: $112,571Liabilities 2016: $1,548Net Assets 2016: $111,0232016Assets 2017: $118,440Liabilities 2017: $4,109Net Assets 2017: $114,3312017Assets 2018: $191,050Liabilities 2018: $7,160Net Assets 2018: $183,8902018Assets 2019: $260,996Liabilities 2019: $4,208Net Assets 2019: $256,7882019Assets 2020: $260,338Liabilities 2020: $50Net Assets 2020: $260,2882020Assets 2021: $422,079Liabilities 2021: $1,045Net Assets 2021: $421,0342021Assets 2022: $14,333,423Liabilities 2022: $4,513Net Assets 2022: $14,328,9102022Assets 2023: $14,313,021Liabilities 2023: $152,066Net Assets 2023: $14,160,9552023Assets 2024: $15,569,127Liabilities 2024: $128,489Net Assets 2024: $15,440,6382024Assets 2025: $15,782,012Liabilities 2025: $180,463Net Assets 2025: $15,601,5492025

Highlighted filing

2021

Assets$422,079
Liabilities$1,045
Net Assets$421,034

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $208,114Expenses 2013: $206,168Net Income 2013: $1,9462013Revenue 2014: $292,345Expenses 2014: $288,316Net Income 2014: $4,0292014Revenue 2015: $368,899Expenses 2015: $312,472Net Income 2015: $56,4272015Revenue 2016: $354,480Expenses 2016: $316,409Net Income 2016: $38,0712016Revenue 2017: $329,515Expenses 2017: $326,207Net Income 2017: $3,3082017Revenue 2018: $377,199Expenses 2018: $307,640Net Income 2018: $69,5592018Revenue 2019: $407,765Expenses 2019: $334,867Net Income 2019: $72,8982019Revenue 2020: $325,624Expenses 2020: $322,124Net Income 2020: $3,5002020Revenue 2021: $441,712Expenses 2021: $280,966Net Income 2021: $160,7462021Revenue 2022: $14,300,547Expenses 2022: $392,671Net Income 2022: $13,907,8762022Revenue 2023: $164,201Expenses 2023: $580,074Net Income 2023: -$415,8732023Revenue 2024: $682,524Expenses 2024: $602,468Net Income 2024: $80,0562024Revenue 2025: $798,037Expenses 2025: $783,070Net Income 2025: $14,9672025

Highlighted filing

2021

Revenue$441,712
Expenses$280,966
Net Income$160,746
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Aug 10, 2021
Return Version
2020v4.1
Gross Receipts
$441,712
Mission and Program Overview

Mission

The Institute was formed for purposes

Educational and civic engagement by providing students, facility, college employees, and the community at large, a forum and center for learning and scholarly public discourse on key civic matters which may be local, regional, national, or international in scope and impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,995$25,298▲ $7,303
Total Assets$260,338$422,079▲ $161,741
Other Assets Total$242,343$396,781▲ $154,438
Liabilities
Accounts Payable and Accrued Expenses$50$1,045▲ $995
Other Liabilities-$0-
Total Liabilities$50$1,045▲ $995
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$258,788$421,034▲ $162,246
Net Assets With Donor Restrictions$1,500--
Total Net Assets Fund Balance$260,288$421,034▲ $160,746
Total Liabilities and Net Assets / Fund Balance$260,338$422,079▲ $161,741

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$396,781--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dr Laurie KingBoard Member-$115,766$115,766
Kimberly JacksonSecretary/Exec. DirectorFT$105,393$105,393

Board Members and Trustees

NameTitle
Hon Irene SullivanChairman
Hon George GreerVice Chair
Adam David JohnsonBoard Member
Bridgette BelloBoard Member
Daniel MagerasBoard Member
Debra PrewittBoard Member
Elizabeth SemblerBoard Member
Gershom FaulkerBoard Member
Jeff JohnsonBoard Member
Jo-Lynn BrownBoard Member
Kathleen PetersBoard Member
Ken BurkeBoard Member
Nikki CapehartBoard Member
Richard JacobsBoard Member
Watson HaynesBoard Member
Aron BryceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$440,500
Program Service Revenue
$0
Investment Income
$1,212
Other Revenue
$0
All Other Contributions
$13,500
Change in Net Assets
$160,746

Audited Revenue Reconciliation

Revenue per Audited Statements
$441,712
Revenue Not Reported on Form 990
$30,711
Total Revenue per Audited Statements
$472,423
Total Revenue per Form 990
$441,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$216,199
Other Expenses$64,767
Total Fundraising Expense$14,678
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$35,753$44,691$8,938$89,382
Other Salaries and Wages$39,018$26,130$2,270$67,418
Other Employee Benefits$16,080$17,418$1,553$35,051
Fees for Services Other$22,403$3,699$0$26,102
Fees for Services Accounting$0$18,301$0$18,301
Pension Plan Contributions$6,288$6,753$1,057$14,098
Payroll Taxes$4,647$4,818$785$10,250
Office Expenses$6,779$529$0$7,308
Occupancy$0$2,400$0$2,400
Other Expenses$950$155$75$1,180
All Other Expenses$1,125$0$0$1,125
Advertising$900$0$0$900
Travel$-6,538$1,928$0$-4,610
Total Functional Expenses$139,421$126,867$14,678$280,966

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$311,677
Expenses per Audited Statements$280,966
Total Expenses per Form 990$280,966
Expenses Not Reported on Form 990$30,711
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
None$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Institute for Strategic Policy Solutions Inc
EIN
45-3194848
Phone
7273946251
Address
PO Box 13489, Saint Petersburg, FL 33733

Signing Officer

Name
Aron Bryce
Title
Treasurer
Phone
7273946251
Signed
2021-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aron Bryce
Formed
2011
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
15
Employees
0
Volunteers
2

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Other

Part V Line 2a & 2b - The Organization's payroll is reported under a related organization, St. Petersburg College.

Pt VI, Line 11B

Form 990 emailed to the Board for review prior to filing.

Pt VI, Line 12C

College Financial and Legal Department monitors all financial records. The Executive Director monitors all employees.

Pt VI, Line 15A

Compensation for the Executive Director is based on the classification and salary schedule which includes ranges for each pay grade.

Pt VI, Line 15B

Compensation for employees is based on the classification and salary schedule which includes ranges for each pay grade.

Pt VI, Line 19

The governing documents, conflict of interest, and financial statements are available upon request.

Other

Part III - 4a Accomplishments: The Institute for Strategic Policy Solutions, Inc. ("ISPS") at St. Petersburg College housed at the Seminole Campus is dedicated to advancing and expanding community engagement and understanding of civics literacy, enhancing academic excellence, and promoting economic vitality and public understanding of the ways civics shape our lives and our state. ISPS provides a free nonpartisan public forum for learning about civics and exploring key civics issues. ISPS continues to engage in public policy issues and address real-world challenges. ISPS works with local governments to educate the community and is a source of innovation to promote involvement and academic excellence. In 2020 ISPS hosted as the pandemic emerged and caused disruptions to all sectors of life, ISPS worked with other key leaders from Pinellas County's nonprofit community to provide a resource update for individuals and families. Partners included the Juvenile Welfare Board, Pinellas Community Foundation, YMCA of Greater St. Petersburg, and the St. Petersburg Free Clinic, Participants learned where to obtain support with healthcare, including mental health concerns, childcare, food assistance, and other services to support population health as the COVID-19 situation continued to unfold. In summer of 2020 as hurricane season reached its peak ISPS partnered with Joe Borres, Operation Manager for Pinellas County Emergency Management to discuss hurricane preparedness during COVID-19. For Student Engagement we hosted our 5th Annual Great Debate, a competition at five of the St. Petersburg College's campuses that gave students a chance to study key policy issues while developing their research, writing and presentation skills. Throughout 2021 we have explored the topic of population health and public health during the pandemic with a series on "Health Equity Amid COVID-19." The series examined factors including health disparities, understanding quality care during the pandemic, and health, mental health, and physical behaviors that impact diverse populations throughout Pinellas County. In summer 2021 ISPS facilitated two programs with law makers and justice system administrators from around the state in conversations about Florida's criminal justice system, mental health, and systematic reform. ISPS hosted a conversation on the connections between mental health and the criminal justice system. Pinellas County Sheriff Bob Gualtieri, Miami-Dade County Judge Steve Leifman, and Ashley Najar Roura, Public Defender and Director of Mental Health for the 6th Judicial Circuit, came together to discuss challenges and successes in addressing mental health's role in the Florida justice system. We wrapped-up our summer 2021 conversations on issues related to mental health with Senators Jeff Brandes and Darryl Rouson. The legislators engaged in a bi-partisan assessment of Florida's criminal justice system and ways in which adjustments and growth can be beneficial to all Floridians, including those with mental health concerns. ISPS offers opportunities for Floridians to engage in their communities and government and with each other. ISPS works to bridge-gaps between institutions and citizens and serve as a conduit between individuals, their government, and as a convenor of conversations between people who might not otherwise come together to discuss issues that matter. ISPS is a non-partisan space for citizens to explore local, state, national, and international issues. We accomplish this through strategic partnerships and solutions-driven programming.

Financial Statement Notes

Pt X, Line 2

The Institute is an organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and is generally not subject to federal or state income taxes. However, the Institute is subject to income taxes on any net income that is derived from a trade of business, regularly carried on, and not in furtherance of the purpose for which the Institute is granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the basic financial statements taken as a whole.

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IRS990/MissionDesc0The Institute for Strategic Policy Solutions at St. Petersburg College is dedicated to advancing academic excellence, community engagement, economic vitality and public understanding through high-quality, solutions-directed, non-partisan public policy programs. Its purpose is to enrich the education experience, engage with local government to promote unity and efficiency, facilitate economic activity, and involve citizens in their college and government.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Miscellaneous 2018: 195.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Institute is an organization exempt from taxation under Section 501(c)(3) of the Internal Revenue Code and is generally not subject to federal or state income taxes. However, the Institute is subject to income taxes on any net income that is derived from a trade of business, regularly carried on, and not in furtherance of the purpose for which the Institute is granted exemption. No income tax provision has been recorded as the net income, if any, from any unrelated trade or business, in the opinion of management, is not material to the basic financial statements taken as a whole.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2

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