Civic Intelligence

Community Economic Development Assoc D/B/A Floridawest Economic Development

990 • Fiscal year 2024 • EIN 47-1954665

Oct 01, 2023 to Sep 30, 2024 • Filed on Jul 01, 2025

Organization Profilewww.floridawesteda.com
3 West Garden Street 618Pensacola, FL 32502

(850) 898-2201

Siviq Scores

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

Liabilities / Assets

56th percentile

0.19x

Higher debt load relative to assets than 56% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

52nd percentile

0.18x

Higher debt load relative to revenue than 52% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

93rd percentile

33%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

29th percentile

$0

Higher top officer pay than 29% of similar nonprofits.

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

2024 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

97th percentile

95%

Faster asset growth than 97% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

60%

Faster revenue growth than 94% of similar nonprofits.

2024 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$1,813,239

Up $883,571 (+95%) from 2023

Net Assets

Up

$1,464,308

Up $1,009,721 (+222%) from 2023

Liabilities

Down

$348,931

Down $126,150 (-27%) from 2023

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin93rd percentile

Revenue

Up

$1,899,003

Up $714,985 (+60%) from 2023

Expenses

Up

$1,279,134

Up $101,976 (+8.7%) from 2023

Net Income

Up

$619,869

Up $613,009 (+8936%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth97th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2015: $223,621Liabilities 2015: $29,996Net Assets 2015: $193,6252015Assets 2016: $562,313Liabilities 2016: $33,761Net Assets 2016: $528,5522016Assets 2017: $660,768Liabilities 2017: $41,558Net Assets 2017: $619,2102017Assets 2018: $735,111Liabilities 2018: $38,422Net Assets 2018: $696,6892018Assets 2019: $687,732Liabilities 2019: $46,886Net Assets 2019: $640,8462019Assets 2020: $683,155Liabilities 2020: $104,703Net Assets 2020: $578,4522020Assets 2021: $663,389Liabilities 2021: $70,398Net Assets 2021: $592,9912021Assets 2022: $509,626Liabilities 2022: $61,899Net Assets 2022: $447,7272022Assets 2023: $929,668Liabilities 2023: $475,081Net Assets 2023: $454,5872023Assets 2024: $1,813,239Liabilities 2024: $348,931Net Assets 2024: $1,464,3082024

Highlighted filing

2024

Assets$1,813,239
Liabilities$348,931
Net Assets$1,464,308
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $1,057,950Expenses 2015: $864,325Net Income 2015: $193,6252015Revenue 2016: $1,230,263Expenses 2016: $895,336Net Income 2016: $334,9272016Revenue 2017: $1,060,494Expenses 2017: $969,836Net Income 2017: $90,6582017Revenue 2018: $1,059,035Expenses 2018: $1,003,556Net Income 2018: $55,4792018Revenue 2019: $1,136,016Expenses 2019: $1,191,859Net Income 2019: -$55,8432019Revenue 2020: $1,187,892Expenses 2020: $1,250,286Net Income 2020: -$62,3942020Revenue 2021: $1,371,951Expenses 2021: $1,357,412Net Income 2021: $14,5392021Revenue 2022: $1,163,356Expenses 2022: $1,308,620Net Income 2022: -$145,2642022Revenue 2023: $1,184,018Expenses 2023: $1,177,158Net Income 2023: $6,8602023Revenue 2024: $1,899,003Expenses 2024: $1,279,134Net Income 2024: $619,8692024

Highlighted filing

2024

Revenue$1,899,003
Expenses$1,279,134
Net Income$619,869
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Jul 1, 2025
Return Version
2023v6.0
Gross Receipts
$1,899,003
Mission and Program Overview

Mission

Promote business development in Pensacola and Escambia County.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$1,099,562-
Cash and Non-Interest-Bearing Accounts$207,412$289,583▲ $82,171
Savings and Temporary Cash Investments$304,613$100,565▼ $204,048
Land, Buildings, and Equipment, Net$12,632$8,407▼ $4,225
Accounts Receivable-$7,419-
Total Assets$929,668$1,813,239▲ $883,571
Other Assets Total$405,011$307,703▼ $97,308
Liabilities
Other Liabilities$382,199$284,833▼ $97,366
Deferred Revenue$40,000$40,000→ $0
Accounts Payable and Accrued Expenses$52,882$24,098▼ $28,784
Total Liabilities$475,081$348,931▼ $126,150
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$1,099,562▲ $1,099,562
Net Assets Without Donor Restrictions$454,587$364,746▼ $89,841
Total Net Assets Fund Balance$454,587$1,464,308▲ $1,009,721
Total Liabilities and Net Assets / Fund Balance$929,668$1,813,239▲ $883,571

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,407$62,617$71,024
Other Assets Org$306,703--
Compensation and Service Providers
Top Officer Pay29th percentile

Board Members and Trustees

NameTitle
David BearPresident
Ryan TilleyVice President
Don PalmerDirector
Donnie McMahonDirector
Jim WaiteDirector
Matt DavisDirector
Verdell HawkinsDirector
Brian HilsonCEO
Rick ByarsInterim CEO
Charlie SherrillInvestor
Chris PlaegerInvestor
Ed MeadowsInvestor
Justin BeckInvestor
KC GartmanInvestor
Kelvin EnfingerInvestor
Marcus McBrideInvestor
Mark RoyInvestor
Mike MoretteInvestor
Charletha PowellSecretary
Olevia McNallyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,784,710
Program Service Revenue
$111,069
Investment Income
$4,850
Other Revenue
$-1,626
All Other Contributions
$729,710
Change in Net Assets
$619,869

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,899,003
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$120,840
Total Revenue per Audited Statements
$2,019,843
Total Revenue per Form 990
$1,899,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,036
Salaries, Compensation, and Employee Benefits$600,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$334,762$194,742-$529,504
Fees for Services Other$205,562$89,000-$294,562
Occupancy$86,039$60,323-$146,362
Office Expenses$29,338$41,497-$70,835
Fees for Services Accounting-$52,367-$52,367
Payroll Taxes$38,426--$38,426
Advertising$36,419--$36,419
Other Employee Benefits$22,418--$22,418
Travel$10,173$9,548-$19,721
Fees for Services Legal$210$16,443-$16,653
Insurance-$13,020-$13,020
Pension Plan Contributions$9,750--$9,750
Conferences and Meetings$9,518--$9,518
Depreciation Depletion-$4,225-$4,225
Other Expenses$2,714--$2,714
Total Functional Expenses$797,969$481,165$0$1,279,134

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,622,746
Expenses per Audited Statements$1,279,134
Total Expenses per Form 990$1,279,134
Expenses Not Reported on Form 990$343,612
Expenses Not Reported on Financial Statements$0
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
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$284,833
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
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
Yes
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 6

“The organization has members with voting rights and investor members without voting rights.”

Form 990, Part VI, Section A, line 7A

“Each member has power to appoint one member of the Board of Directors.”

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

“A copy of the 990 is presented to the Board for approval before the return is filed.”

Form 990, Part VI, Section B, line 12C

“The board of directors may adopt a Conflict of Interest Form that will be provided to all Directors for review and execution, and which will become a part of FloridaWest's official records. The fact of the relationship or interest is disclosed to or is otherwise known by the board, members, or board committee, that authorizes, approves, or ratifies the contract or transaction by a vote or consent sufficient for that purpose without counting the votes or consents of the interested directors.”

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

“The Organization uses salary data from ACCE, IEDC and DMO to determine salary ranges. The amounts are re-evaluated every two years.”

Form 990, Part VI, Section C, line 19

“The Organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Community Economic Development Assoc
EIN
47-1954665
Phone
8508982201
Address
3 West Garden Street 618, Pensacola, FL 32502
Doing Business As
FloridaWest Economic Development

Signing Officer

Name
Chris Plate
Title
CEO
Phone
8508982201
Signed
2025-07-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Plate
Formed
2014
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
0

Preparer

Firm
Saltmarsh Cleaveland and Gund
Address
900 North 12th Avenue, Pensacola, FL 32501
Preparer
Allison Jones CPA
Phone
8504358300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Consulting: Program service expenses 205,562. Management and general expenses 89,000. Fundraising expenses 0. Total expenses 294,562.”

Form 990, Part XI, line 9:

“In kind rent expense due to difference between FMV and agreed lease amount -222,772.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt15Investor
IRS990/Form990PartVIISectionAGrp/TitleTxt16Investor
IRS990/Form990PartVIISectionAGrp/TitleTxt17Investor
IRS990/Form990PartVIISectionAGrp/TitleTxt18Interim CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0825000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01899003
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt013020
IRS990/InsuranceGrp/TotalAmt013020
IRS990/InvestmentIncomeGrp/ExclusionAmt04850
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04850
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt062617
IRS990/LandBldgEquipBasisNetGrp/BOYAmt012632
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08407
IRS990/LandBldgEquipCostOrOtherBssAmt071024
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0230000
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Promote business development in Pensacola and Escambia County.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0454587
IRS990/NetAssetsOrFundBalancesEOYAmt01464308
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0454587
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0364746
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt060323
IRS990/OccupancyGrp/ProgramServicesAmt086039
IRS990/OccupancyGrp/TotalAmt0146362
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041497
IRS990/OfficeExpensesGrp/ProgramServicesAmt029338
IRS990/OfficeExpensesGrp/TotalAmt070835
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0405011
IRS990/OtherAssetsTotalGrp/EOYAmt0307703
IRS990/OtherChangesInNetAssetsAmt0-222772
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022418
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022418
IRS990/OtherExpensesGrp/Desc0CoLab
IRS990/OtherExpensesGrp/Desc1Dues and subscriptions
IRS990/OtherExpensesGrp/Desc2High Growth Companies
IRS990/OtherExpensesGrp/ProgramServicesAmt07399
IRS990/OtherExpensesGrp/ProgramServicesAmt15241
IRS990/OtherExpensesGrp/ProgramServicesAmt22714
IRS990/OtherExpensesGrp/TotalAmt07399
IRS990/OtherExpensesGrp/TotalAmt15241
IRS990/OtherExpensesGrp/TotalAmt22714
IRS990/OtherLiabilitiesGrp/BOYAmt0382199
IRS990/OtherLiabilitiesGrp/EOYAmt0284833
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaenous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt0-1626
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-1626
IRS990/OtherRevenueTotalAmt0-1626
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0194742
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0334762
IRS990/OtherSalariesAndWagesGrp/TotalAmt0529504
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt038426
IRS990/PayrollTaxesGrp/TotalAmt038426
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09750
IRS990/PensionPlanContributionsGrp/TotalAmt09750
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01099562
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Chris Plate
IRS990/PriorPeriodAdjustmentsAmt0612624
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0CoLab Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0111069
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0111069
IRS990/ProgSrvcAccomActy2Grp/Desc0CoLab - 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/ExpenseAmt0103023
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0111069
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01080000
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08384
IRS990/PYOtherExpensesAmt0600757
IRS990/PYOtherRevenueAmt0-1099
IRS990/PYProgramServiceRevenueAmt096733
IRS990/PYRevenuesLessExpensesAmt06860
IRS990/PYSalariesCompEmpBnftPaidAmt0576401
IRS990/PYTotalExpensesAmt01177158
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01184018
IRS990/ReconcilationRevenueExpnssAmt0619869
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0304613
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0100565
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/ScheduleBRequiredInd01
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0120840
IRS990ScheduleD/DonatedServicesUseFcltsAmt0343612
IRS990ScheduleD/EquipmentGrp/BookValueAmt08407
IRS990ScheduleD/EquipmentGrp/DepreciationAmt062617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt071024
IRS990ScheduleD/ExpensesNotReportedAmt0343612
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01279134
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1306703
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIght of Use Assets, Operating
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0284833
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Operating Lease Liability
IRS990ScheduleD/RevenueNotReportedAmt0120840
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01899003
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08407
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0307703
IRS990ScheduleD/TotalExpensesPerForm990Amt01279134
IRS990ScheduleD/TotalLiabilityAmt0284833
IRS990ScheduleD/TotalRevenuePerForm990Amt01899003
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02019843
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01622746
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members with voting rights and investor members without voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Each member has power to appoint one member of the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A copy of the 990 is presented to the Board for approval before the return is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The board of directors may adopt a Conflict of Interest Form that will be provided to all Directors for review and execution, and which will become a part of FloridaWest's official records. The fact of the relationship or interest is disclosed to or is otherwise known by the board, members, or board committee, that authorizes, approves, or ratifies the contract or transaction by a vote or consent sufficient for that purpose without counting the votes or consents of the interested directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization uses salary data from ACCE, IEDC and DMO to determine salary ranges. The amounts are re-evaluated every two years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Organization's governing documents and financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Consulting: Program service expenses 205,562. Management and general expenses 89,000. Fundraising expenses 0. Total expenses 294,562.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7In kind rent expense due to difference between FMV and agreed lease amount -222,772.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,813,239
Liabilities
$348,931
Net assets
$1,464,308
Revenue
$1,899,003
Expenses
$1,279,134
Net income
$619,869
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.81$0.35$1.46$1.90$1.28$0.62
2023Summary only. Only limited summary data is available for this year.$0.93$0.48$0.45$1.18$1.18$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.51$0.06$0.45$1.16$1.31$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.07$0.59$1.37$1.36$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.10$0.58$1.19$1.25$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.05$0.64$1.14$1.19$0.06
2018Summary only. Only limited summary data is available for this year.$0.74$0.04$0.70$1.06$1.00$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.04$0.62$1.06$0.97$0.09
2016Summary only. Only limited summary data is available for this year.$0.56$0.03$0.53$1.23$0.90$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.03$0.19$1.06$0.86$0.19