Civic Intelligence

Matrix Community Outreach Cent

EIN 47-3295501 • 501(c)3 • Defuniak Springs, FL

Profile

Through advocacy, education, partnerships, volunteers, and financial assistance, we strive to bridge the gaps between needs and resources, while implementing a holistic approach to our charitable efforts

37 N 9th StreetDefuniak Springs, FL 32433

www.matrixcoc.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.74x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

80th percentile

0.26x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

55th percentile

6.8%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

68th percentile

$52,695

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

74th percentile

18%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-16%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$255,293

Up $13,232 (+5.5%) from 2023

Liabilities

Up

$237,313

Up $62,206 (+36%) from 2023

Net Assets

Down

$17,980

Down $48,974 (-73%) from 2023

Revenue

Up

$1,042,741

Up $159,773 (+18%) from 2023

Expenses

Up

$1,091,715

Up $109,568 (+11%) from 2023

Net Income

Up

-$48,974

Up $50,205 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $16,343Liabilities 2015: $2,012Net Assets 2015: $14,3312015Assets 2016: $244,200Liabilities 2016: $118,777Net Assets 2016: $125,4232016Assets 2017: $241,045Liabilities 2017: $112,786Net Assets 2017: $128,2592017Assets 2018: $232,517Liabilities 2018: $106,431Net Assets 2018: $126,0862018Assets 2019: $217,042Liabilities 2019: $100,721Net Assets 2019: $116,3212019Assets 2020: $388,571Liabilities 2020: $113,870Net Assets 2020: $274,7012020Assets 2021: $386,375Liabilities 2021: $158,477Net Assets 2021: $227,8982021Assets 2022: $286,408Liabilities 2022: $120,274Net Assets 2022: $166,1342022Assets 2023: $242,061Liabilities 2023: $175,107Net Assets 2023: $66,9542023Assets 2024: $255,293Liabilities 2024: $237,313Net Assets 2024: $17,9802024

Highlighted filing

2024

Assets$255,293
Liabilities$237,313
Net Assets$17,980

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $183,814Expenses 2015: $169,483Net Income 2015: $14,3312015Revenue 2016: $314,131Expenses 2016: $203,039Net Income 2016: $111,0922016Revenue 2017: $462,725Expenses 2017: $459,889Net Income 2017: $2,8362017Revenue 2018: $489,594Expenses 2018: $491,767Net Income 2018: -$2,1732018Revenue 2019: $766,600Expenses 2019: $776,365Net Income 2019: -$9,7652019Revenue 2020: $2,965,572Expenses 2020: $2,972,730Net Income 2020: -$7,1582020Revenue 2021: $1,101,916Expenses 2021: $1,148,719Net Income 2021: -$46,8032021Revenue 2022: $850,531Expenses 2022: $912,295Net Income 2022: -$61,7642022Revenue 2023: $882,968Expenses 2023: $982,147Net Income 2023: -$99,1792023Revenue 2024: $1,042,741Expenses 2024: $1,091,715Net Income 2024: -$48,9742024

Highlighted filing

2024

Revenue$1,042,741
Expenses$1,091,715
Net Income-$48,974

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 12, 2025
Return Version
2024v5.0
Gross Receipts
$1,042,741
Mission and Program Overview

Mission

Through advocacy, education, partnerships, volunteers, and financial assistance, we strive to bridge the gaps between needs and resources, while implementing a holistic approach to our charitable efforts

We strive to bridge the gaps between needs and resources, while implementing a holistic approach to our charitable efforts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$233,065$214,649▼ $18,416
Cash and Non-Interest-Bearing Accounts$8,996$40,644▲ $31,648
Total Assets$242,061$255,293▲ $13,232
Liabilities
Unsecured Notes Loans Payable$143,534$214,113▲ $70,579
Mortgage Notes Payable Secured by Investment Property$29,836$20,140▼ $9,696
Accounts Payable and Accrued Expenses$1,737$3,060▲ $1,323
Total Liabilities$175,107$237,313▲ $62,206
Net Assets / Fund Balance
Net Assets With Donor Restrictions$66,954$17,980▼ $48,974
Total Net Assets Fund Balance$66,954$17,980▼ $48,974
Total Liabilities and Net Assets / Fund Balance$242,061$255,293▲ $13,232

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$184,502$52,028$236,530
Equipment$30,147$91,853$122,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Candy NowlingExec DirectorFT$92,448$92,448

Board Members and Trustees

NameTitle
Eric JoynerPresident
Brandon ElkinsVice President
Cindy AndersonDirector
Harold ShoverDirector
Josh NelsonDirector
C FeeneySecretary
M JohnsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$207,369
Program Service Revenue
$835,372
Investment Income
$0
Other Revenue
$0
All Other Contributions
$124,953
Change in Net Assets
$-48,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$970,671
Salaries, Compensation, and Employee Benefits$121,044
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$92,448--$92,448
Office Expenses-$38,731-$38,731
Other Expenses$145,472$20,780-$20,780
Interest-$20,765-$20,765
Other Salaries and Wages$19,994--$19,994
Depreciation Depletion$18,416--$18,416
Payroll Taxes$8,602--$8,602
Insurance-$5,663-$5,663
Fees for Services Accounting$2,400--$2,400
Total Functional Expenses$1,005,776$85,939$0$1,091,715
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
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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 8B

The governing body is the board of directiors; there are no additional committees

Filing and Contact Details

Filer

Filer Name
Matrix Community Outreach Cent
EIN
47-3295501
Phone
8508922288
Address
37 N 9TH STREET, DEFUNIAK SPRINGS, FL 32433

Signing Officer

Name
Eric Joyner
Title
President
Phone
8508922288
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Joyner
Formed
2015
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
7
Employees
0

Preparer

Firm
Coastal Accounting of Nw Fl
Address
1150 AIRPORT RD UNIT 172, DESTIN, FL 32541
Preparer
Russell Cash Iii CPA
Phone
8506549235
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 11B

All member of the governing body were provided with a copy of form 990 for review

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt052028
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IRS990ScheduleD/EquipmentGrp/BookValueAmt030147
IRS990ScheduleD/EquipmentGrp/DepreciationAmt091853
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0214649
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GOVERNING BODY IS THE BOARD OF DIRECTIORS; THERE ARE NO ADDITIONAL COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MEMBER OF THE GOVERNING BODY WERE PROVIDED WITH A COPY OF FORM 990 FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART IV, SECTION B, LINE 11B
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01005776
IRS990/TotalFunctionalExpensesGrp/TotalAmt01091715
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IRS990/TotalLiabilitiesEOYAmt0237313
IRS990/TotalLiabilitiesGrp/BOYAmt0175107
IRS990/TotalLiabilitiesGrp/EOYAmt0237313
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt066954
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IRS990/TotalProgramServiceRevenueAmt0835372
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0DEFUNIAK SPRINGS
IRS990/USAddress/StateAbbreviationCd0FL
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC JOYNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08508922288
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MATRIX COMMUNITY OUTREACH CENT
ReturnHeader/Filer/BusinessNameControlTxt0MATR
ReturnHeader/Filer/EIN0473295501
ReturnHeader/Filer/PhoneNum08508922288
ReturnHeader/Filer/USAddress/AddressLine1Txt037 N 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0DEFUNIAK SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032433
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203857349
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COASTAL ACCOUNTING OF NW FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01150 AIRPORT RD UNIT 172
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DESTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032541
ReturnHeader/PreparerPersonGrp/PhoneNum08506549235
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RUSSELL CASH III CPA
ReturnHeader/ReturnTs02025-07-10T08:56:30-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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