Civic Intelligence

Gulf Coast CEO Forum Inc

990 • Fiscal year 2017 • EIN 45-3568733

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 19, 2018

PO Box 592Bradenton, FL 34206-0592

(941) 932-2671

Siviq Scores

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

Liabilities / Assets

96th percentile

0.94x

Higher debt load relative to assets than 96% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

0.78x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

58th percentile

5.7%

Higher net margin than 58% of similar nonprofits.

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

Top Officer Pay

95th percentile

$87,734

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 33.1% of source-year revenue.

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

Asset Growth

63rd percentile

8.9%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

68th percentile

9.8%

Faster revenue growth than 68% of similar nonprofits.

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

Assets

Up

$218,043

Up $17,882 (+8.9%) from 2016

Net Assets

Up

$12,379

Up $14,983 (+575%) from 2016

Liabilities

Up

$205,664

Up $2,899 (+1.4%) from 2016

Revenue

Up

$264,798

Up $23,684 (+9.8%) from 2016

Expenses

Up

$249,815

Up $17,984 (+7.8%) from 2016

Net Income

Up

$14,983

Up $5,700 (+61%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2012: $82,569Liabilities 2012: $1,7312012Assets 2013: $45,172Liabilities 2013: $1,5042013Assets 2014: $152,745Liabilities 2014: $172,3282014Assets 2015: $177,938Liabilities 2015: $189,825Net Assets 2015: -$11,8872015Assets 2016: $200,161Liabilities 2016: $202,765Net Assets 2016: -$2,6042016Assets 2017: $218,043Liabilities 2017: $205,664Net Assets 2017: $12,3792017Assets 2018: $240,364Liabilities 2018: $247,005Net Assets 2018: -$6,6412018Assets 2019: $264,028Liabilities 2019: $267,078Net Assets 2019: -$3,0502019Assets 2020: $346,803Liabilities 2020: $276,475Net Assets 2020: $70,3282020Assets 2021: $398,321Liabilities 2021: $312,311Net Assets 2021: $86,0102021Assets 2022: $491,664Liabilities 2022: $319,785Net Assets 2022: $171,8792022

Highlighted filing

2017

Assets$218,043
Liabilities$205,664
Net Assets$12,379

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $155,743Expenses 2012: $108,130Net Income 2012: $47,6132012Revenue 2013: $99,753Expenses 2013: $136,923Net Income 2013: -$37,1702013Revenue 2014: $109,385Expenses 2014: $172,636Net Income 2014: -$63,2512014Revenue 2015: $188,661Expenses 2015: $180,965Net Income 2015: $7,6962015Revenue 2016: $241,114Expenses 2016: $231,831Net Income 2016: $9,2832016Revenue 2017: $264,798Expenses 2017: $249,815Net Income 2017: $14,9832017Revenue 2018: $259,433Expenses 2018: $278,453Net Income 2018: -$19,0202018Revenue 2019: $290,609Expenses 2019: $287,018Net Income 2019: $3,5912019Revenue 2020: $287,613Expenses 2020: $192,785Net Income 2020: $94,8282020Revenue 2021: $255,312Expenses 2021: $238,256Net Income 2021: $17,0562021Revenue 2022: $349,530Expenses 2022: $264,556Net Income 2022: $84,9742022

Highlighted filing

2017

Revenue$264,798
Expenses$249,815
Net Income$14,983
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 19, 2018
Return Version
2017v2.2
Gross Receipts
$264,798
Mission and Program Overview

Mission

To be the premier organization for entrepreneurial ceos in the gulf coast area of sw florida. The foundation is built upon its ability to build relationships, generate ideas and formulate solutions; all 3 are focused on the management and growth of the members' businesses.

To build relationships, generate ideas and formulate solutions for ceos to grow their businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$103,150$100,918▼ $2,232
Cash and Non-Interest-Bearing Accounts$81,688$95,046▲ $13,358
Prepaid Expenses and Deferred Charges$15,323$22,079▲ $6,756
Rtn Earn Endowment Incm Other Fnds$-2,604$12,379▲ $14,983
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$200,161$218,043▲ $17,882
Liabilities
Deferred Revenue$199,250$192,143▼ $7,107
Accounts Payable and Accrued Expenses$3,515$13,521▲ $10,006
Total Liabilities$202,765$205,664▲ $2,899
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,604$12,379▲ $14,983
Total Liabilities and Net Assets / Fund Balance$200,161$218,043▲ $17,882
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kim MieleExecutive DirectorPT$87,734$87,734
Gregory C GreenTreasurer-$9,095$9,095

Board Members and Trustees

NameTitle
Allen CarlsonChairperson
Marina SchmidtVice Chairperson
Brian LongBoard Member
Chad CampbellBoard Member
Cj FishmanBoard Member
Dean EisnerBoard Member
Harry AnandBoard Member
Kevin LoganBoard Member
Matt DepalmaBoard Member
Matt WalshBoard Member
Molly JacksonBoard Member
Patrick DelmedicoBoard Member
Pete PetersonBoard Member
Ray NeffBoard Member
Steve HallBoard Member
Maribeth PhillipsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$264,798
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$68,848
Change in Net Assets
$14,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,815
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 Management---$133,632
Conferences and Meetings---$82,176
Fees for Services Accounting---$9,097
Advertising---$4,902
Other Expenses---$2,750
All Other Expenses---$2,237
Insurance---$1,167
Office Expenses---$988
Total Functional Expenses$0$0$0$249,815
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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 A, Line 2

The organization's membership is comprised of ceo's from approximately 100 varied businesses in the manatee / sarasota area. A number of these businesses do business with each other outside the organization.

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

The tax return is reviewed by treasurer / preparer,and both the executive director and the chairperson, prior to filing.

Form 990, Part VI, Section B, Line 15A

Compensation for executive director - the chairperson chaired a 4 member compensation committee, from board members appointed by him, to perform the annual review of contract compensation with the executive director's corporation. Final amounts were also subsequently approved by the entire board.

Form 990, Part VI, Section C, Line 19

The organization's mission is to be the premier organization for entrepreneurial chief executive officers in the gulf coast of florida. The forum's foundation is built upon its ability to build relationships, generate ideas and formulate solutions. All three components are focused on the management and growth of the members' businesses. The ceo forum is comprised of the ceos from entities with a minimum of 10 employees and annual revenues exceeding $1.5 million. Annual dues are $1,950.

Filing and Contact Details

Filer

Filer Name
Gulf Coast CEO Forum Inc
EIN
45-3568733
Phone
9419322671
Address
PO BOX 592, BRADENTON, FL 34206-0592

Signing Officer

Name
Matt Walsh
Title
Chairperson
Phone
9419322671
Signed
2018-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kim Miele
Formed
2011
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Firm
Green & Associates Cpas LLC
Address
101 RIVERFRONT BLVD SUITE 520, BRADENTON, FL 34205
Preparer
Gregory C Green
Phone
9412515955
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Beginning in 2017, the taxpayer assumed the responsibility to administer and advance the objectives of "big" (bright ideas on the gulf coast), a program initiated by the gulf coast community foundation to expose college students to businesses and entrepreneurs in this area in order to keep more of our young homegrown and trained talent in this area after they graduate. The gulf coast community foundation provided a $60,000 grant to fund expenses to be incurred in administering the program.

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IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015323
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022079
IRS990/PrincipalOfficerNm0KIM MIELE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0HIGHLY BENEFICIAL ROUNDTABLES PRESENT MEMBERS WITH THE OPPORTUNITY TO INTERACT WITH LIKE-MINDED EQUALS, HELP EACH OTHER SOLVE BUSINESS CHALLENGES, FULFILL NEW OPPORTUNITIES AND LEVERAGE THEIR EXPERIENCED INTUITION IN A CONFIDENTIAL ENVIRONMENT
IRS990/ProgSrvcAccomActy3Grp/Desc0NETWORKING SOCIALS - SPECIAL EVENTS ARE HELD SEVERAL TIMES A YEAR TO ALLOW CEO'S, AND IN SOME CASES, SPOUSES, TO NETWORK OUTSIDE OF NORMAL EVENTS. SEVERAL OF THESE ARE BUILT AROUND SPECIAL, HIGH-PROFILE SPEAKERS OR TOPICS. SOME ARE PURELY SOCIAL (HOLIDAY PARTY), IN WHICH CASE, ADDITIONAL FEES ARE CHARGED TO OFFSET THE COST OF THE EVENT.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0241114
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0164441
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt09283
IRS990/PYSalariesCompEmpBnftPaidAmt067390
IRS990/PYTotalExpensesAmt0231831
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0241114
IRS990/ReconcilationRevenueExpnssAmt014983
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2604
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt012379
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BEGINNING IN 2017, THE TAXPAYER ASSUMED THE RESPONSIBILITY TO ADMINISTER AND ADVANCE THE OBJECTIVES OF "BIG" (BRIGHT IDEAS ON THE GULF COAST), A PROGRAM INITIATED BY THE GULF COAST COMMUNITY FOUNDATION TO EXPOSE COLLEGE STUDENTS TO BUSINESSES AND ENTREPRENEURS IN THIS AREA IN ORDER TO KEEP MORE OF OUR YOUNG HOMEGROWN AND TRAINED TALENT IN THIS AREA AFTER THEY GRADUATE. THE GULF COAST COMMUNITY FOUNDATION PROVIDED A $60,000 GRANT TO FUND EXPENSES TO BE INCURRED IN ADMINISTERING THE PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERSHIP IS COMPRISED OF CEO'S FROM APPROXIMATELY 100 VARIED BUSINESSES IN THE MANATEE / SARASOTA AREA. A NUMBER OF THESE BUSINESSES DO BUSINESS WITH EACH OTHER OUTSIDE THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURN IS REVIEWED BY TREASURER / PREPARER,AND BOTH THE EXECUTIVE DIRECTOR AND THE CHAIRPERSON, PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR EXECUTIVE DIRECTOR - THE CHAIRPERSON CHAIRED A 4 MEMBER COMPENSATION COMMITTEE, FROM BOARD MEMBERS APPOINTED BY HIM, TO PERFORM THE ANNUAL REVIEW OF CONTRACT COMPENSATION WITH THE EXECUTIVE DIRECTOR'S CORPORATION. FINAL AMOUNTS WERE ALSO SUBSEQUENTLY APPROVED BY THE ENTIRE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S MISSION IS TO BE THE PREMIER ORGANIZATION FOR ENTREPRENEURIAL CHIEF EXECUTIVE OFFICERS IN THE GULF COAST OF FLORIDA. THE FORUM'S FOUNDATION IS BUILT UPON ITS ABILITY TO BUILD RELATIONSHIPS, GENERATE IDEAS AND FORMULATE SOLUTIONS. ALL THREE COMPONENTS ARE FOCUSED ON THE MANAGEMENT AND GROWTH OF THE MEMBERS' BUSINESSES. THE CEO FORUM IS COMPRISED OF THE CEOS FROM ENTITIES WITH A MINIMUM OF 10 EMPLOYEES AND ANNUAL REVENUES EXCEEDING $1.5 MILLION. ANNUAL DUES ARE $1,950.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0200161
IRS990/TotalAssetsEOYAmt0218043
IRS990/TotalAssetsGrp/BOYAmt0200161
IRS990/TotalAssetsGrp/EOYAmt0218043
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0264798
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249815
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0202765
IRS990/TotalLiabilitiesEOYAmt0205664
IRS990/TotalLiabilitiesGrp/BOYAmt0202765
IRS990/TotalLiabilitiesGrp/EOYAmt0205664
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2604
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012379
IRS990/TotalOtherCompensationAmt096829
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0264798
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0200161
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0218043
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 592
IRS990/USAddress/CityNm0BRADENTON
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034206
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0WWW.GULFCOASTCEOFORUM.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT WALSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum09419322671
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GULF COAST CEO FORUM INC
ReturnHeader/Filer/BusinessNameControlTxt0GULF
ReturnHeader/Filer/EIN0453568733
ReturnHeader/Filer/PhoneNum09419322671
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 592
ReturnHeader/Filer/USAddress/CityNm0BRADENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0342060592
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId02BAB4CF4FDA6361F54564B4DE839E61C759617F3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C64610ABE23AD5845076C6771D0CCBF5592AB213
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt045.25.254.53
ReturnHeader/FilingSecurityInformation/IPDt02018-06-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:06:23
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463459115
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GREEN & ASSOCIATES CPAS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 RIVERFRONT BLVD SUITE 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRADENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034205
ReturnHeader/PreparerPersonGrp/PhoneNum09412515955
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY C GREEN
ReturnHeader/ReturnTs02018-09-13T11:41:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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