Civic Intelligence

Grand Lagoon Coalition Inc

EIN 46-4903811 • 501(c)6 • Panama City Beach, FL

Profile

Attract visitors and businesses to the grand lagoon of bay c

1016 Thomas Dr 197Panama City Beach, FL 32408

www.grandlagoon.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

50th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

89th percentile

31%

Higher net margin than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

10th percentile

-62%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

-0.8%

Faster revenue growth than 46% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$4,228

Down $7,036 (-62%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$4,228

Down $7,036 (-62%) from 2022

Operations
Liabilities / Revenue50th percentileNet Margin89th percentile

Revenue

Down

$35,878

Down $286 (-0.8%) from 2022

Expenses

Down

$24,672

Down $23,059 (-48%) from 2022

Net Income

Up

$11,206

Up $22,773 (+197%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

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

$40K$30K$20K$10K$0Assets 2014: $10,816Liabilities 2014: $0Net Assets 2014: $10,8162014Assets 2015: $8,227Liabilities 2015: $1,426Net Assets 2015: $6,8012015Assets 2016: $13,564Liabilities 2016: $0Net Assets 2016: $13,5642016Assets 2017: $36,793Liabilities 2017: $0Net Assets 2017: $36,7932017Assets 2018: $16,165Liabilities 2018: $0Net Assets 2018: $16,1652018Assets 2019: $20,405Liabilities 2019: $0Net Assets 2019: $20,4052019Assets 2020: $25,382Liabilities 2020: $0Net Assets 2020: $25,3822020Assets 2021: $23,768Liabilities 2021: $0Net Assets 2021: $23,7682021Assets 2022: $11,264Liabilities 2022: $0Net Assets 2022: $11,2642022Assets 2023: $4,228Liabilities 2023: $0Net Assets 2023: $4,2282023

Highlighted filing

2023

Assets$4,228
Liabilities$0
Net Assets$4,228
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

$100K$50K$0-$50KRevenue 2014: $35,170Expenses 2014: $24,354Net Income 2014: $10,8162014Revenue 2015: $22,756Expenses 2015: $26,771Net Income 2015: -$4,0152015Revenue 2016: $25,585Expenses 2016: $18,822Net Income 2016: $6,7632016Revenue 2017: $58,968Expenses 2017: $35,739Net Income 2017: $23,2292017Revenue 2018: $30,577Expenses 2018: $51,205Net Income 2018: -$20,6282018Revenue 2019: $58,417Expenses 2019: $51,412Net Income 2019: $7,0052019Revenue 2020: $44,903Expenses 2020: $39,926Net Income 2020: $4,9772020Revenue 2021: $53,193Expenses 2021: $66,871Net Income 2021: -$13,6782021Revenue 2022: $36,164Expenses 2022: $47,731Net Income 2022: -$11,5672022Revenue 2023: $35,878Expenses 2023: $24,672Net Income 2023: $11,2062023

Highlighted filing

2023

Revenue$35,878
Expenses$24,672
Net Income$11,206
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,228
Liabilities
$0
Net assets
$4,228
Revenue
$35,878
Expenses
$24,672
Net income
$11,206
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$35.9$24.7$11.2
2022Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$36.2$47.7$11.6
2021Detailed filing. Detailed filing data is available for this year.$23.8$0.00$23.8$53.2$66.9$13.7
2020Detailed filing. Detailed filing data is available for this year.$25.4$0.00$25.4$44.9$39.9$4.98
2019Summary only. Only limited summary data is available for this year.$20.4$0.00$20.4$58.4$51.4$7.01
2018Detailed filing. Detailed filing data is available for this year.$16.2$0.00$16.2$30.6$51.2$20.6
2017Detailed filing. Detailed filing data is available for this year.$36.8$0.00$36.8$59.0$35.7$23.2
2016Detailed filing. Detailed filing data is available for this year.$13.6$0.00$13.6$25.6$18.8$6.76
2015Detailed filing. Detailed filing data is available for this year.$8.23$1.43$6.80$22.8$26.8$4.02
2014Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$35.2$24.4$10.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 11, 2024
Return Version
2023v5.0
Gross Receipts
$35,878
Mission and Program Overview

Mission

To promote public safety, area beautification and public access in the grand lagoon area and encourage both locals and tourists to visit the grand lagoon area of panama city beach and use its industry's products and services.

Attract visitors and businesses to the grand lagoon of bay county florida

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$10,514$4,228▼ $6,286
Pledges and Grants Receivable$750--
Total Assets$11,264$4,228▼ $7,036
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,264$4,228▼ $7,036
Total Net Assets Fund Balance$11,264$4,228▼ $7,036
Total Liabilities and Net Assets / Fund Balance$11,264$4,228▼ $7,036
Compensation and Service Providers
Top Officer Pay80th percentile

Board Members and Trustees

NameTitle
Matt SutherlandPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$35,878
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$11,206
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,672
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
Information Technology-$14,812-$14,812
Advertising$2,750--$2,750
Insurance-$2,687-$2,687
Fees for Services Accounting-$2,075-$2,075
Other Expenses$995$1,047-$1,047
Total Functional Expenses$3,745$20,927$0$24,672
Fundraising, Events, and Gaming
Fundraising activities
Yes
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
Yes
Audit committee
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

990, Part VI, Line 8B

“There are no sub committees”

990, Part VI, Line 9

“See details Sch O”

990, Part VI, Line 19

“All required documents may be obtained by the public by written request of the Board of Directors”

Filing and Contact Details

Filer

Filer Name
Grand Lagoon Coalition Inc
EIN
46-4903811
Phone
3149546710
Address
1016 THOMAS DR 197, PANAMA CITY BEACH, FL 32408

Signing Officer

Name
Matt Sutherland
Title
President
Phone
3149546710
Signed
2024-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Teresa Hoehn
Formed
2014
Legal Domicile
Fl
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Your Accountant My Accountant
Address
4408 DELWOOD LN STE 12, PANAMA CITY BEACH, FL 32408
Preparer
Cynthia Venkler
Phone
8502356221
Raw XML Appendix226 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ATTRACT VISITORS AND BUSINESSES TO THE GRAND LAGOON OF BAY COUNTY FLORIDA
IRS990/AdvertisingGrp/ProgramServicesAmt02750
IRS990/AdvertisingGrp/TotalAmt02750
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0YOUR ACCOUNTANT
IRS990/BooksInCareOfDetail/PhoneNum08502356221
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04408 DELWOOD LN STE 12
IRS990/BooksInCareOfDetail/USAddress/CityNm0PANAMA CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd032408
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt010514
IRS990/CashNonInterestBearingGrp/EOYAmt04228
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt035878
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt024672
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt011206
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt024672
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt035878
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE COALITION WAS ABLE TO DO FIREWORKS, TACOS AND TEQUILA AND BLOODY MARY FEST
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02075
IRS990/FeesForServicesAccountingGrp/TotalAmt02075
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0000.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0000.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0MATT SUTHERLAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt030938
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt035878
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt014812
IRS990/InformationTechnologyGrp/TotalAmt014812
IRS990/InsuranceGrp/ManagementAndGeneralAmt02687
IRS990/InsuranceGrp/TotalAmt02687
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt04940
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ATTRACT VISITORS AND BUSINESSES TO THE GRAND LAGOON OF BAY C
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt011264
IRS990/NetAssetsOrFundBalancesEOYAmt04228
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt011264
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04228
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0POSTAGE
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2OTHER OFFICE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0306
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11047
IRS990/OtherExpensesGrp/ProgramServicesAmt0995
IRS990/OtherExpensesGrp/TotalAmt0306
IRS990/OtherExpensesGrp/TotalAmt1995
IRS990/OtherExpensesGrp/TotalAmt21047
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0750
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TERESA HOEHN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt036164
IRS990/PYOtherExpensesAmt047731
IRS990/PYRevenuesLessExpensesAmt0-11567
IRS990/PYTotalExpensesAmt047731
IRS990/PYTotalRevenueAmt036164
IRS990/ReconcilationRevenueExpnssAmt011206
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no sub committees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1See details Sch O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All required documents may be obtained by the public by written request of the Board of Directors
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990, Part VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990, Part VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt011264
IRS990/TotalAssetsEOYAmt04228
IRS990/TotalAssetsGrp/BOYAmt011264
IRS990/TotalAssetsGrp/EOYAmt04228
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt035878
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020927
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03745
IRS990/TotalFunctionalExpensesGrp/TotalAmt024672
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011264
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04228
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035878
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt011264
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04228
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01016 THOMAS DR 197
IRS990/USAddress/CityNm0PANAMA CITY BEACH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032408
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT SUTHERLAND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03149546710
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAND LAGOON COALITION INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0464903811
ReturnHeader/Filer/PhoneNum03149546710
ReturnHeader/Filer/USAddress/AddressLine1Txt01016 THOMAS DR 197
ReturnHeader/Filer/USAddress/CityNm0PANAMA CITY BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032408
ReturnHeader/Form8822BAttachedInd0X
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0813536296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOUR ACCOUNTANT MY ACCOUNTANT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04408 DELWOOD LN STE 12
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PANAMA CITY BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032408
ReturnHeader/PreparerPersonGrp/PhoneNum08502356221
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CYNTHIA VENKLER
ReturnHeader/ReturnTs02024-05-28T12:41:20-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SUTHERLAND
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.