Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
990 • Fiscal year 2021 • EIN 47-1954665
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
42nd percentile
Higher debt load relative to assets than 42% of similar nonprofits.
Liabilities / Revenue
28th percentile
Higher debt load relative to revenue than 28% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 16.1% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
60th percentile
Faster revenue growth than 60% of similar nonprofits.
Assets
Down$663,389
Down $19,766 (-2.9%) from 2020
Net Assets
Up$592,991
Up $14,539 (+2.5%) from 2020
Liabilities
Down$70,398
Down $34,305 (-33%) from 2020
Revenue
Up$1,371,951
Up $184,059 (+15%) from 2020
Expenses
Up$1,357,412
Up $107,126 (+8.6%) from 2020
Net Income
Up$14,539
Up $76,933 (+123%) from 2020
Promote business development in Pensacola and Escambia County.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | - | $500,000 | - |
| Cash and Non-Interest-Bearing Accounts | $574,644 | $120,352 | ▼ $454,292 |
| Accounts Receivable | $56,426 | $0 | ▼ $56,426 |
| Land, Buildings, and Equipment, Net | $32,335 | $23,287 | ▼ $9,048 |
| Prepaid Expenses and Deferred Charges | $18,750 | $18,750 | → $0 |
| Total Assets | $683,155 | $663,389 | ▼ $19,766 |
| Other Assets Total | $1,000 | $1,000 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $64,703 | $70,398 | ▲ $5,695 |
| Deferred Revenue | $40,000 | $0 | ▼ $40,000 |
| Total Liabilities | $104,703 | $70,398 | ▼ $34,305 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $578,452 | $592,991 | ▲ $14,539 |
| Total Net Assets Fund Balance | $578,452 | $592,991 | ▲ $14,539 |
| Total Liabilities and Net Assets / Fund Balance | $683,155 | $663,389 | ▼ $19,766 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $23,287 | $47,965 | $71,252 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Scott Luth | CEO | FT | $184,123 | $36,329 | $220,452 |
| Name | Title |
|---|---|
| Rick Byars | President |
| David Bear | Vice President |
| Charletha Powell | Director |
| Don Palmer | Director |
| Donnie McMahon | Director |
| Jim Waite | Director |
| Olevia McNally | Director |
| Rebecca Ferguson | Director |
| Dave Murzin | Investor |
| Ed Meadows | Investor |
| Jonathan Tucker | Investor |
| Joshua Beadsley | Investor |
| KC Gartman | Investor |
| Marcus McBride | Investor |
| Ryan Greenhut | Investor |
| Ryan Tilley | Secretary/Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $769,134 |
| Other Expenses | $588,278 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $429,498 | $204,758 | - | $634,256 |
| Advertising | $162,135 | - | - | $162,135 |
| Occupancy | $44,823 | $48,226 | - | $93,049 |
| Fees for Services Other | $71,500 | - | - | $71,500 |
| Other Employee Benefits | $70,613 | - | - | $70,613 |
| Office Expenses | $22,110 | $33,209 | - | $55,319 |
| Payroll Taxes | $45,342 | - | - | $45,342 |
| Fees for Services Accounting | - | $26,595 | - | $26,595 |
| Pension Plan Contributions | $18,923 | - | - | $18,923 |
| Travel | $5,948 | $9,834 | - | $15,782 |
| Depreciation Depletion | - | $8,939 | - | $8,939 |
| Conferences and Meetings | $8,687 | - | - | $8,687 |
| Other Expenses | $7,010 | - | - | $7,010 |
| Insurance | - | $6,462 | - | $6,462 |
| Fees for Services Legal | - | $6,225 | - | $6,225 |
| All Other Expenses | $1,957 | $100 | - | $2,057 |
| Total Functional Expenses | $1,013,064 | $344,348 | $0 | $1,357,412 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $1,357,412 |
| Total Expenses per Audited Statements | $1,357,412 |
| Total Expenses per Form 990 | $1,357,412 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The organization has members with voting right and investor members without voting rights.”
“Each member has power to appoint one member of the Board of Directors.”
“A copy of the 990 is presented to the Board for approval before the return is filed.”
“The Organization uses salary data from ACCE, IEDC and DMO to determine salary ranges. The amounts are re-evaluated every two years.”
“The Organization's governing documents and financial statements are available upon request.”
“Loss on disposition of property and equipment -9,136.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 64703 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 70398 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 56426 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | Promote business development in Pensacola and Escambia County. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 162135 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 162135 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 100 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 1957 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2057 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | Scott Luth |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8508982201 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 3 West Garden Street Suite 618 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Pensacola |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 32502 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 574644 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 120352 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 8687 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8687 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 0 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 1227030 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | -9098 |
| IRS990/CYOtherExpensesAmt | 0 | 588278 |
| IRS990/CYOtherRevenueAmt | 0 | 152300 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1719 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 14539 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 769134 |
| IRS990/CYTotalExpensesAmt | 0 | 1357412 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1371951 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 40000 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 8939 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 8939 |
| IRS990/Desc | 0 | Economic Development - To encourage and assist expansion of local industry and to promote economic development. |
| IRS990/DescribedInSection501c3Ind | 0 | 0 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | FloridaWest Economic Development |
| IRS990/DoingBusinessAsName/BusinessNameLine2Txt | 0 | Alliance |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 8 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/ExpenseAmt | 0 | 830455 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 26595 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 26595 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 6225 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 6225 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 71500 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 71500 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 36329 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Rick Byars |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | David Bear |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Ryan Tilley |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Rebecca Ferguson |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Charletha Powell |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Donnie McMahon |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Olevia McNally |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Don Palmer |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Jim Waite |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Joshua Beadsley |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | KC Gartman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Ryan Greenhut |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | Marcus McBride |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | Ed Meadows |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | Dave Murzin |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | Jonathan Tucker |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | Scott Luth |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 184123 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary/Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | Investor |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2014 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -9136 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 997030 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 1381087 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 6462 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 6462 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 38 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 38 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 4 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 47965 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 32335 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 23287 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 71252 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt | 0 | 9136 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembershipDuesAmt | 0 | 230000 |
| IRS990/MembersOrStockholdersInd | 0 | 1 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Promote business development in Pensacola and Escambia County. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 578452 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 592991 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | -9136 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | -9136 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 578452 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 592991 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 48226 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 44823 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 93049 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 33209 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 22110 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 55319 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 1000 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1000 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 70613 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 70613 |
| IRS990/OtherExpensesGrp/Desc | 0 | CoLab |
| IRS990/OtherExpensesGrp/Desc | 1 | High Growth Companies |
| IRS990/OtherExpensesGrp/Desc | 2 | Dues and subscriptions |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 103149 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 21369 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 7010 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 103149 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 21369 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 7010 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Insurance Proceeds |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Misc. revenue |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 150000 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 2300 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 150000 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2300 |
| IRS990/OtherRevenueTotalAmt | 0 | 152300 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 204758 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 429498 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 634256 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 45342 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 45342 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 18923 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 18923 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 18750 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 18750 |
| IRS990/PrincipalOfficerNm | 0 | Scott Luth |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531120 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | CoLab Income |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1719 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1719 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CoLab - Targets early-stage, high growth companies to increase their chance of success by providing shared office space, support services and business coaching. The mission is to act as a catalyst to support innovative entrepreneurs who create jobs and can sustain long-term economic growth for Greater Pensacola. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 182609 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 1719 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 1139833 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | -68092 |
| IRS990/PYOtherExpensesAmt | 0 | 521312 |
| IRS990/PYOtherRevenueAmt | 0 | 8306 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 107845 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -62394 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 728974 |
| IRS990/PYTotalExpensesAmt | 0 | 1250286 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 1187892 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 14539 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 500000 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | 0 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | 1 |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | 0 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 23287 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 47965 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 71252 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 0 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1357412 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | -9136 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 0 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | -9136 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1381087 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Loss on disposition of property and equipment -9,136. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part XI, Line 4b - Other Adjustments: |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 23287 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1357412 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1371951 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1381087 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 1357412 |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 184123 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 7077 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 29252 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Scott Luth |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 220452 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990ScheduleJ/WrittenEmploymentContractInd | 0 | X |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The organization has members with voting right and investor members without voting rights. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Each member has power to appoint one member of the Board of Directors. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | A copy of the 990 is presented to the Board for approval before the return is filed. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The Organization uses salary data from ACCE, IEDC and DMO to determine salary ranges. The amounts are re-evaluated every two years. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Organization's governing documents and financial statements are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 15a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 1 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.