Civic Intelligence

Digital Vibez Inc.

990 • Fiscal year 2021 • EIN 46-5032425

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 15, 2022

2635 Old Okeechobee RdWest Palm Beach, FL 33409

(561) 847-4521

Siviq Scores

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

Liabilities / Assets

84th percentile

0.49x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

66th percentile

0.22x

Higher debt load relative to revenue than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

40th percentile

7.1%

Higher net margin than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

63rd percentile

$84,350

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 7.3% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

77th percentile

30%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

90th percentile

126%

Faster revenue growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$503,053

Up $114,631 (+30%) from 2020

Net Assets

Up

$254,219

Up $81,805 (+47%) from 2020

Liabilities

Up

$248,834

Up $32,826 (+15%) from 2020

Revenue

Up

$1,150,763

Up $640,662 (+126%) from 2020

Expenses

Up

$1,068,958

Up $611,893 (+134%) from 2020

Net Income

Up

$81,805

Up $28,769 (+54%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2015: $212Liabilities 2015: $0Net Assets 2015: $2122015Assets 2016: $1,030Liabilities 2016: $0Net Assets 2016: $1,0302016Assets 2017: $477Liabilities 2017: $0Net Assets 2017: $4772017Assets 2018: $43,047Liabilities 2018: $46,820Net Assets 2018: -$3,7732018Assets 2019: $155,816Liabilities 2019: $36,438Net Assets 2019: $119,3782019Assets 2020: $388,422Liabilities 2020: $216,008Net Assets 2020: $172,4142020Assets 2021: $503,053Liabilities 2021: $248,834Net Assets 2021: $254,2192021Assets 2022: $500,470Liabilities 2022: $242,399Net Assets 2022: $258,0712022Assets 2023: $701,445Liabilities 2023: $257,666Net Assets 2023: $443,7792023Assets 2024: $1,042,781Liabilities 2024: $304,208Net Assets 2024: $738,5732024

Highlighted filing

2021

Assets$503,053
Liabilities$248,834
Net Assets$254,219

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2015: $50,346Expenses 2015: $49,408Net Income 2015: $9382015Revenue 2016: $143,790Expenses 2016: $142,094Net Income 2016: $1,6962016Revenue 2017: $201,054Expenses 2017: $210,810Net Income 2017: -$9,7562017Revenue 2018: $352,227Expenses 2018: $356,188Net Income 2018: -$3,9612018Revenue 2019: $649,504Expenses 2019: $526,353Net Income 2019: $123,1512019Revenue 2020: $510,101Expenses 2020: $457,065Net Income 2020: $53,0362020Revenue 2021: $1,150,763Expenses 2021: $1,068,958Net Income 2021: $81,8052021Revenue 2022: $1,252,448Expenses 2022: $1,248,596Net Income 2022: $3,8522022Revenue 2023: $1,235,427Expenses 2023: $1,049,719Net Income 2023: $185,7082023Revenue 2024: $1,579,610Expenses 2024: $1,284,816Net Income 2024: $294,7942024

Highlighted filing

2021

Revenue$1,150,763
Expenses$1,068,958
Net Income$81,805
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 15, 2022
Return Version
2020v4.1
Gross Receipts
$1,150,763
Mission and Program Overview

Mission

To provide avenues for children to maintain a healthy lifestyle through physical fitness and recreational activities that incorporate technology and dance fitness.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$237,918$297,452▲ $59,534
Cash and Non-Interest-Bearing Accounts$68,593$105,816▲ $37,223
Land, Buildings, and Equipment, Net$66,685$94,536▲ $27,851
Prepaid Expenses and Deferred Charges$15,226$5,249▼ $9,977
Total Assets$388,422$503,053▲ $114,631
Liabilities
Mortgage Notes Payable Secured by Investment Property$150,000$230,127▲ $80,127
Deferred Revenue$51,045--
Accounts Payable and Accrued Expenses$14,963$18,707▲ $3,744
Total Liabilities$216,008$248,834▲ $32,826
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$122,414$147,111▲ $24,697
Net Assets With Donor Restrictions$50,000$107,108▲ $57,108
Total Net Assets Fund Balance$172,414$254,219▲ $81,805
Total Liabilities and Net Assets / Fund Balance$388,422$503,053▲ $114,631

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$58,150$13,062$71,212
Equipment$36,386$15,800$52,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Wilford RomelusExecutive DirectorFT$84,350$84,350

Board Members and Trustees

NameTitle
Rony MichelPresident
Anthony BelloDirector
Chris SheaDirector
Christine RaymondDirector
Deborah FeinsingerDirector
Erica LinguantiDirector
Heather EmersonDirector
Hansje LaguerreSecretary
Lisa TivyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,027,196
Program Service Revenue
$123,567
Investment Income
$0
Other Revenue
$0
All Other Contributions
$386,020
Change in Net Assets
$81,805

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,150,763
Total Revenue per Audited Statements
$1,150,763
Total Revenue per Form 990
$1,150,763
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$561,484
Salaries, Compensation, and Employee Benefits$502,067
Total Fundraising Expense$8,245
Professional Fundraising Fees$5,407
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$371,054--$371,054
Fees for Services Other$191,967--$191,967
Current Officers, Directors, Trustees, and Key Employees$74,460$10,512$2,628$87,600
All Other Expenses$45,173$1,192-$46,365
Occupancy$36,914$3,155-$40,069
Fees for Services Management-$40,000-$40,000
Travel$38,477--$38,477
Payroll Taxes$31,105$841$210$32,156
Information Technology$19,740$534-$20,274
Depreciation Depletion$17,787--$17,787
Fees for Services Accounting-$13,302-$13,302
Insurance$11,285$964-$12,249
Other Employee Benefits$11,257--$11,257
Office Expenses$8,272$707-$8,979
Other Expenses$7,533--$7,533
Fees for Services Professional Fundraising--$5,407$5,407
Interest$450$4,368-$4,818
Advertising-$160-$160
Total Functional Expenses$984,978$75,735$8,245$1,068,958

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,068,958
Total Expenses per Audited Statements$1,068,958
Total Expenses per Form 990$1,068,958
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$5,407
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Cassandra RomelusSpouse of Executive DirectorEmployee wagesNo$66,758
Wilbert Jean BaptisteBrother of Executive DirectorEmployee wagesNo$39,175
Ronald MichelSon of Board PresidentEmployee wagesNo$29,833
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Cassandra Romelus, an employee, is the spouse of the Executive Director.Ronald Michel, an employee, is the son of the Board President.Wilbert Jean Baptiste, an employee, is the brother of the Executive Director.

Form 990 governing body review Part VI line 11

Form 990 draft is provided to management to be circulated to the Board of Directors for review of accuracy and completeness prior to being filed.

Conflict of interest policy compliance Part VI line 12C

Board members meet to review areas of Conflict of Interest that are pertinent to the organization.

CEO executive director top management comp Part VI line 15A

An annual review of the Executive Directors salary is conducted by the Board of Directors for comparison to compensation of similar positions.

Governing documents etc available to public Part VI line 19

All governing documents are maintained on file and available upon request.

Filing and Contact Details

Filer

Filer Name
Digital Vibez Inc
EIN
46-5032425
Address
2635 Old Okeechobee Rd, West Palm Beach, FL 33409

Signing Officer

Name
Wilford Romelus
Title
Executive Direc
Phone
5618474521
Signed
2022-02-15
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
9
Employees
12
Volunteers
30

Preparer

Firm
Daniel J Allegretti CPA PA
Address
3801 PGA Blvd Suite 600, Palm Beach Gardens, FL 33410
Preparer
Dan Allegretti
Phone
5612233682
Supplemental Narrative

Additional Explanations

List of other fees for services expenses Part IX line 11G

Program contractors: $191,967

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IRS990/OtherSalariesAndWagesGrp/TotalAmt0371054
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0210
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0841
IRS990/PayrollTaxesGrp/ProgramServicesAmt031105
IRS990/PayrollTaxesGrp/TotalAmt032156
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0237918
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0297452
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015226
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05249
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0624110
IRS990/ProgramServiceRevenueGrp/Desc0Afterschool and events
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0123567
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0123567
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0464931
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0160409
IRS990/PYProgramServiceRevenueAmt045170
IRS990/PYRevenuesLessExpensesAmt053036
IRS990/PYSalariesCompEmpBnftPaidAmt0291056
IRS990/PYTotalExpensesAmt0457065
IRS990/PYTotalProfFndrsngExpnsAmt05600
IRS990/PYTotalRevenueAmt0510101
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt081805
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0123567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01027196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0464931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0465860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0213020
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0213194
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02384201
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0445950
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.88220
IRS990ScheduleA/PublicSupportPY170Pct00.93480
IRS990ScheduleA/PublicSupportTotal170Amt02103327
IRS990ScheduleA/SubstantialContributorsTotAmt0280874
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01027196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0464931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0465860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0213020
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0213194
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02384201
IRS990ScheduleA/TotalSupportAmt02384201
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt036386
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015800
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052186
IRS990ScheduleD/ExpensesSubtotalAmt01068958
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt058150
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013062
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071212
IRS990ScheduleD/RevenueSubtotalAmt01150763
IRS990ScheduleD/TotalBookValueLandBuildingsAmt094536
IRS990ScheduleD/TotalExpensesPerForm990Amt01068958
IRS990ScheduleD/TotalRevenuePerForm990Amt01150763
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01150763
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01068958
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0Cassandra Romelus
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Ronald Michel
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2Wilbert Jean Baptiste
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Spouse of Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Son of Board President
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2Brother of Executive Director
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt066758
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt129833
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt239175
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Employee wages
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Employee wages
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2Employee wages
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Cassandra Romelus, an employee, is the spouse of the Executive Director.Ronald Michel, an employee, is the son of the Board President.Wilbert Jean Baptiste, an employee, is the brother of the Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 draft is provided to management to be circulated to the Board of Directors for review of accuracy and completeness prior to being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members meet to review areas of Conflict of Interest that are pertinent to the organization.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3An annual review of the Executive Directors salary is conducted by the Board of Directors for comparison to compensation of similar positions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All governing documents are maintained on file and available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Program contractors: $191,967
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0388422
IRS990/TotalAssetsEOYAmt0503053
IRS990/TotalAssetsGrp/BOYAmt0388422
IRS990/TotalAssetsGrp/EOYAmt0503053
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01027196
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08245
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt075735
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0984978
IRS990/TotalFunctionalExpensesGrp/TotalAmt01068958
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0216008
IRS990/TotalLiabilitiesEOYAmt0248834
IRS990/TotalLiabilitiesGrp/BOYAmt0216008
IRS990/TotalLiabilitiesGrp/EOYAmt0248834
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0172414
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0254219
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0984978
IRS990/TotalProgramServiceRevenueAmt0123567
IRS990/TotalReportableCompFromOrgAmt084350
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0123567
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01150763
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030

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