Civic Intelligence

Florida Archery Foundation Inc

EIN 47-2709604 • 501(c)3 • Vero Beach, FL

Profile

To provide archery training and competition

PO Box 1652Vero Beach, FL 32961

www.floridaarcheryfoundation.com

Siviq Scores

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

Liabilities / Assets

90th percentile

0.66x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

1.82x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

36th percentile

-5.5%

Higher net margin than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

95th percentile

$36,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 37.5% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

51st percentile

-0.8%

Faster asset growth than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-92%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$10,564

Down $88 (-0.8%) from 2017

Liabilities

Up

$6,974

Up $125 (+1.8%) from 2017

Net Assets

Down

$3,590

Down $213 (-5.6%) from 2017

Revenue

Down

$3,838

Down $43,166 (-92%) from 2017

Expenses

Down

$4,051

Down $55,637 (-93%) from 2017

Net Income

Up

-$213

Up $12,471 (+98%) from 2017

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2015: $28,873Liabilities 2015: $8,7542015Assets 2016: $25,355Liabilities 2016: $8,868Net Assets 2016: $16,4872016Assets 2017: $10,652Liabilities 2017: $6,849Net Assets 2017: $3,8032017Assets 2018: $10,564Liabilities 2018: $6,974Net Assets 2018: $3,5902018

Highlighted filing

2018

Assets$10,564
Liabilities$6,974
Net Assets$3,590

Operations Trend

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

$100K$50K$0-$50KRevenue 2015: $95,999Expenses 2015: $75,880Net Income 2015: $20,1192015Revenue 2016: $95,907Expenses 2016: $99,539Net Income 2016: -$3,6322016Revenue 2017: $47,004Expenses 2017: $59,688Net Income 2017: -$12,6842017Revenue 2018: $3,838Expenses 2018: $4,051Net Income 2018: -$2132018

Highlighted filing

2018

Revenue$3,838
Expenses$4,051
Net Income-$213

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 6, 2019
Return Version
2018v3.1
Gross Receipts
$3,838
Mission and Program Overview

Mission

To provide archery training and competition

Program Services

DescriptionGrantsExpenses
Florida Archery Foundation provided archery training, archery competition, education to adults children. The organization provides programs including an archery club and group archery lessons. 31 people benefited in 2018.-$3,561
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael LundeenPresident-$0--
Erika LundeenSecretary-$0--
SM Boris RobinsonTreasurer-$0--
Eric FlowersDirector-$0--
Rebecca MeisnerDirector-$0--
Filing and Contact Details

Filer

Filer Name
Florida Archery Foundation Inc
EIN
47-2709604
Phone
7726330018
Address
PO Box 1652, Vero Beach, FL 32961

Signing Officer

Name
Michael Lundeen
Title
President
Signed
2019-08-06
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
1321 Murfreesboro Pike Ste 610, Nashville, TN 37217
Preparer
William G McRay
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16, Other Expenses

Business Registration Expense 136

Form 990-EZ, Part I, Line 16, Other Expenses

Program Expense Dues, Sanctioning and Booking Fees 360

Form 990-EZ, Part I, Line 16, Other Expenses

Information Technology 543

Form 990-EZ, Part I, Line 16, Other Expenses

Program Expense Facility Rental 1,794

Form 990-EZ, Part I, Line 16, Other Expenses

Miscellaneous 5

Form 990-EZ, Part I, Line 16, Other Expenses

Merchant Fees 7

Form 990-EZ, Part II, Line 24, Other Assets

Accounts Receivable Beginning of year 2,111, End of year 2,111

Form 990-EZ, Part II, Line 24, Other Assets

Undeposited Funds Beginning of year 0, End of year 13

Form 990-EZ, Part II, Line 24, Other Assets

Equipment Beginning of year 5,887, End of year 5,887

Form 990-EZ, Part II, Line 26, Liabilities

Accounts Payable Beginning of year 0, End of year 125

Form 990-EZ, Part II, Line 26, Liabilities

Note payable Beginning of year 2,502, End of year 2,502

Form 990-EZ, Part II, Line 26, Liabilities

Loan payable to Michael Lundeen Beginning of year 4,347, End of year 4,347

Raw XML Appendix199 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.

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IRS990EZ/TotalRevenueAmt03838
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt04347
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Start Up Expenses
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 24, Other Assets
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Florida Archery Foundation Inc
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ReturnHeader/Filer/EIN0472709604
ReturnHeader/Filer/PhoneNum07726330018
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1652
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ReturnHeader/FilingSecurityInformation/IPTm014:21:58
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01321 Murfreesboro Pike Ste 610
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ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay
ReturnHeader/ReturnTs02019-08-06T09:22:43-00:00
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ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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