Civic Intelligence

Lets Preserve the American Dream Inc

990 • Fiscal year 2018 • EIN 46-3098708

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 23, 2019

1700 N Monroe Street Suite 112Tallahassee, FL 32303

(850) 224-7173

Siviq Scores

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

Liabilities / Assets

54th percentile

0.17x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Net Margin

8th percentile

-36%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

43rd percentile

$0

Higher top officer pay than 43% of similar nonprofits.

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

2018 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2018

Asset Growth

2nd percentile

-85%

Faster asset growth than 2% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

92nd percentile

135%

Faster revenue growth than 92% of similar nonprofits.

2018 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$545,820

Down $3,094,652 (-85%) from 2017

Net Assets

Down

$454,337

Down $3,095,163 (-87%) from 2017

Liabilities

Up

$91,483

Up $511 (+0.6%) from 2017

Revenue

Up

$8,605,071

Up $4,946,071 (+135%) from 2017

Expenses

Up

$11,700,234

Up $10,831,603 (+1247%) from 2017

Net Income

Down

-$3,095,163

Down $5,885,532 (-211%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2013: $37,553Liabilities 2013: $5182013Assets 2014: $99,442Liabilities 2014: $28,731Net Assets 2014: $70,7112014Assets 2015: $233,499Liabilities 2015: $0Net Assets 2015: $233,4992015Assets 2016: $762,972Liabilities 2016: $12,907Net Assets 2016: $750,0652016Assets 2017: $3,640,472Liabilities 2017: $90,972Net Assets 2017: $3,549,5002017Assets 2018: $545,820Liabilities 2018: $91,483Net Assets 2018: $454,3372018Assets 2019: $1,647,110Liabilities 2019: $72,304Net Assets 2019: $1,574,8062019Assets 2020: $5,892,466Liabilities 2020: $22,807Net Assets 2020: $5,869,6592020Assets 2021: $2,647,096Liabilities 2021: $144,977Net Assets 2021: $2,502,1192021Assets 2022: $1,206,665Liabilities 2022: $223,404Net Assets 2022: $983,2612022Assets 2023: $1,122,499Liabilities 2023: $44,851Net Assets 2023: $1,077,6482023Assets 2024: $1,670,955Liabilities 2024: $49,007Net Assets 2024: $1,621,9482024

Highlighted filing

2018

Assets$545,820
Liabilities$91,483
Net Assets$454,337

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2013: $50,000Expenses 2013: $12,965Net Income 2013: $37,0352013Revenue 2014: $475,000Expenses 2014: $441,324Net Income 2014: $33,6762014Revenue 2015: $1,640,500Expenses 2015: $1,477,712Net Income 2015: $162,7882015Revenue 2016: $2,289,964Expenses 2016: $1,773,398Net Income 2016: $516,5662016Revenue 2017: $3,659,000Expenses 2017: $868,631Net Income 2017: $2,790,3692017Revenue 2018: $8,605,071Expenses 2018: $11,700,234Net Income 2018: -$3,095,1632018Revenue 2019: $3,212,877Expenses 2019: $2,092,408Net Income 2019: $1,120,4692019Revenue 2020: $8,557,361Expenses 2020: $4,267,415Net Income 2020: $4,289,9462020Revenue 2021: $8,998,995Expenses 2021: $12,366,535Net Income 2021: -$3,367,5402021Revenue 2022: $1,183,000Expenses 2022: $2,701,858Net Income 2022: -$1,518,8582022Revenue 2023: $2,389,732Expenses 2023: $2,295,345Net Income 2023: $94,3872023Revenue 2024: $4,067,910Expenses 2024: $3,523,609Net Income 2024: $544,3012024

Highlighted filing

2018

Revenue$8,605,071
Expenses$11,700,234
Net Income-$3,095,163
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 23, 2019
Return Version
2018v3.1
Gross Receipts
$8,605,071
Mission and Program Overview

Mission

To conduct various programs to educate citizens on the societal benefits of sound economic, regulatory and legal polocies. Such programs and activities include, but are not limited to, public education through speeches, seminars, research, media distribution, interviews, website, articles, television, radio and newspaper interviews and other activity for the betterment of society.

To conduct various programs to educate citizens on the societal benefits of sound economic, regulatory and legal policies. Such programs and activities will include, but not be limited to, public education through speeches, seminars, research, media distribution, interviews, website, articles, television, radio and newspaper interviews and other activities for the betterment of society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,599,105$499,224▼ $3,099,881
Land, Buildings, and Equipment, Net$21,061$36,313▲ $15,252
Prepaid Expenses and Deferred Charges$11,239$10,283▼ $956
Accounts Receivable$9,067--
Total Assets$3,640,472$545,820▼ $3,094,652
Liabilities
Accounts Payable and Accrued Expenses$90,972$91,483▲ $511
Total Liabilities$90,972$91,483▲ $511
Net Assets / Fund Balance
Unrestricted Net Assets$3,549,500$454,337▼ $3,095,163
Total Net Assets Fund Balance$3,549,500$454,337▼ $3,095,163
Total Liabilities and Net Assets / Fund Balance$3,640,472$545,820▼ $3,094,652

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,751$15,255$31,006
Leasehold Improvements$20,562$58$20,620
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nicholas FugateChairman
Tyler RiddleDirector
Ryan TysonExecutive Di
Michael BjorklundTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Tel Opinion Research LLCData Research300 PEARL STREET SUITE 600, Buffalo, NY 14202$664,112
Data Targeting INCManagement6211 NW 132ND STREET, Gainesville, FL 32653$179,930
Preservation Association Management-820 LIVE OAK PLANTATION ROAD, Tallahassee, FL 32312$155,218
Revenue and Support

Revenue Composition

Contributions and Grants
$8,605,031
Program Service Revenue
$0
Investment Income
$40
Other Revenue
$0
All Other Contributions
$8,605,031
Change in Net Assets
$-3,095,163

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,605,071
Total Revenue per Audited Statements
$8,605,071
Total Revenue per Form 990
$8,605,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,930,000
Other Expenses$1,770,234
Total Fundraising Expense$108,005
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$9,930,000--$9,930,000
Fees for Services Other$1,084,545$1,761$1,761$1,088,067
Fees for Services Management$244,888$81,629$81,629$408,146
Travel$63,011$7,308$7,308$77,627
Information Technology-$38,280-$38,280
Fees for Services Legal-$23,339-$23,339
Office Expenses$11,257$2,895$3,753$17,905
Fees for Services Accounting-$14,860-$14,860
Insurance-$14,794-$14,794
Occupancy-$7,798-$7,798
Conferences and Meetings$2,673$891$891$4,455
Depreciation Depletion-$4,088-$4,088
Other Expenses$9,000$61$3,000$61
Total Functional Expenses$11,374,362$217,867$108,005$11,700,234

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,700,234
Total Expenses per Audited Statements$11,700,234
Total Expenses per Form 990$11,700,234
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Exec. DirectorPolling DataNo$664,112
-Exec. DirectorMgmt. ServicesNo$155,218
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed with the finance committee annually. During that review the form is discussed at length and any questions raised by the members are addressed.

Form 990, Page 6, Part VI, Line 12C

Officers and directors reaffirm on an annual basis any conflicts of interest. Directors and officers reaffirm by signing a declaration on an annual basis.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lets Preserve the American
EIN
46-3098708
Phone
8502247173
Address
1700 N MONROE STREET SUITE 112, TALLAHASSEE, FL 32303

Signing Officer

Name
Ryan Tyson
Title
Executive Director
Phone
8502247173
Signed
2019-09-23

Organization Details

Principal Officer
Nicholas Fugate
Formed
2013
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Law Redd Crona & Munroe Pa
Address
2075 CENTRE POINTE BLVD SUITE 200, TALLAHASSEE, FL 32308-4893
Preparer
Mary a Mcvicar CPA
Phone
8508786189
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To conduct various programs to educate citizens on the societal benefits of sound economic, regulatory and legal polocies. Such programs and activities include, but are not limited to, public education through speeches, seminars, research, media distribution, interviews, website, articles, television, radio and newspaper interviews and other activity for the betterment of society.

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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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IRS990ScheduleD/EquipmentGrp/DepreciationAmt015255
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt031006
IRS990ScheduleD/ExpensesSubtotalAmt011700234
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt020562
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt058
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt020620
IRS990ScheduleD/RevenueSubtotalAmt08605071
IRS990ScheduleD/TotalBookValueLandBuildingsAmt036313
IRS990ScheduleD/TotalExpensesPerForm990Amt011700234
IRS990ScheduleD/TotalRevenuePerForm990Amt08605071
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08605071
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011700234
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09930000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0PROGRAM SERVICE GRANTS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PRESERVATION ASSOC MANAGEMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1TEL OPINION RESEARCH LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXEC. DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1EXEC. DIRECTOR
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1664112
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MGMT. SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1POLLING DATA
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR IS THE SOLE OWNER OF "PRESERVATION ASSOCIATION MANAGEMENT", A SINGLE MEMBER LLC THAT PROVIDES DAY-TO-DAY MANAGEMENT OF THE ASSOCIATION BY EXECUTING THE MISSION OF THE ORGANIZATION IN THE FURTHERANCE OF ITS GOALS. THE EXECUTIVE DIRECTOR IS A 30% OWNER OF "TEL OPINION RESEARCH, LLC", AN LLC THAT PROVIDES POLLING DATA AND RESEARCH TO THE ORGANIZATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO CONDUCT VARIOUS PROGRAMS TO EDUCATE CITIZENS ON THE SOCIETAL BENEFITS OF SOUND ECONOMIC, REGULATORY AND LEGAL POLOCIES. SUCH PROGRAMS AND ACTIVITIES INCLUDE, BUT ARE NOT LIMITED TO, PUBLIC EDUCATION THROUGH SPEECHES, SEMINARS, RESEARCH, MEDIA DISTRIBUTION, INTERVIEWS, WEBSITE, ARTICLES, TELEVISION, RADIO AND NEWSPAPER INTERVIEWS AND OTHER ACTIVITY FOR THE BETTERMENT OF SOCIETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED WITH THE FINANCE COMMITTEE ANNUALLY. DURING THAT REVIEW THE FORM IS DISCUSSED AT LENGTH AND ANY QUESTIONS RAISED BY THE MEMBERS ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS REAFFIRM ON AN ANNUAL BASIS ANY CONFLICTS OF INTEREST. DIRECTORS AND OFFICERS REAFFIRM BY SIGNING A DECLARATION ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0true
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IRS990/TaxExemptBondsInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt08605031
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0217867
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011374362
IRS990/TotalFunctionalExpensesGrp/TotalAmt011700234
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt090972
IRS990/TotalLiabilitiesEOYAmt091483
IRS990/TotalLiabilitiesGrp/BOYAmt090972
IRS990/TotalLiabilitiesGrp/EOYAmt091483
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03549500
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0454337
IRS990/TotalProgramServiceExpensesAmt011374362
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08605071
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03640472
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0545820
IRS990/TravelGrp/FundraisingAmt07308
IRS990/TravelGrp/ManagementAndGeneralAmt07308
IRS990/TravelGrp/ProgramServicesAmt063011
IRS990/TravelGrp/TotalAmt077627
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03549500
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0454337
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01700 N MONROE STREET SUITE 112
IRS990/USAddress/CityNm0TALLAHASSEE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032303
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.LPTAD.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN TYSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08502247173
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LETS PRESERVE THE AMERICAN
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DREAM INC
ReturnHeader/Filer/BusinessNameControlTxt0LETS
ReturnHeader/Filer/EIN0463098708
ReturnHeader/Filer/PhoneNum08502247173
ReturnHeader/Filer/USAddress/AddressLine1Txt01700 N MONROE STREET SUITE 112
ReturnHeader/Filer/USAddress/CityNm0TALLAHASSEE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032303
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0801B21FD179AA931AC96C63919BF31CB1D8A9C4F
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId078F523D982E9DD86B78D3FC1A657D394A0D82EA8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.173.162.98
ReturnHeader/FilingSecurityInformation/IPDt02019-09-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:06:04
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592221664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LAW REDD CRONA & MUNROE PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02075 CENTRE POINTE BLVD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TALLAHASSEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0323084893
ReturnHeader/PreparerPersonGrp/PhoneNum08508786189
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY A MCVICAR CPA
ReturnHeader/ReturnTs02019-09-24T10:06:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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