Civic Intelligence

Florida Smooth Jazz Foundation Inc.

990EZ • Fiscal year 2014 • EIN 56-2517811

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 21, 2015

PO Box 321327Cocoa Beach, FL 32932

(813) 323-7947

Siviq Scores

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

Liabilities / Assets

90th percentile

0.57x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

0.32x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

98th percentile

706%

Faster asset growth than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

99th percentile

555%

Faster revenue growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$86,759

Up $76,000 (+706%) from 2013

Net Assets

Up

$37,640

Up $27,221 (+261%) from 2013

Liabilities

Up

$49,119

Up $48,779 (+14347%) from 2013

Revenue

Up

$153,618

Up $130,159 (+555%) from 2013

Expenses

Up

$126,396

Up $103,455 (+451%) from 2013

Net Income

Up

$27,222

Up $26,704 (+5155%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $53,605Liabilities 2010: $25,000Net Assets 2010: $28,6052010Assets 2011: $12,429Liabilities 2011: $1,497Net Assets 2011: $10,9322011Assets 2012: $9,929Liabilities 2012: $28Net Assets 2012: $9,9012012Assets 2013: $10,759Liabilities 2013: $340Net Assets 2013: $10,4192013Assets 2014: $86,759Liabilities 2014: $49,119Net Assets 2014: $37,6402014Assets 2015: $170,668Liabilities 2015: $168,997Net Assets 2015: $1,6712015Assets 2016: $254,016Liabilities 2016: $264,487Net Assets 2016: -$10,4712016Assets 2017: $412,885Liabilities 2017: $356,311Net Assets 2017: $56,5742017Assets 2018: $473,326Liabilities 2018: $491,797Net Assets 2018: -$18,4712018Assets 2019: $175,531Liabilities 2019: $69,261Net Assets 2019: $106,2702019Assets 2020: $440,060Liabilities 2020: $68,411Net Assets 2020: $371,6492020Assets 2021: $674,500Liabilities 2021: $251,295Net Assets 2021: $423,2052021Assets 2022: $823,128Liabilities 2022: $114,566Net Assets 2022: $708,5622022Assets 2023: $1,667,838Liabilities 2023: $101,995Net Assets 2023: $1,565,8432023Assets 2024: $2,160,506Liabilities 2024: $73,833Net Assets 2024: $2,086,6732024

Highlighted filing

2014

Assets$86,759
Liabilities$49,119
Net Assets$37,640

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $36,044Expenses 2010: $31,596Net Income 2010: $4,4482010Revenue 2011: $64,604Expenses 2011: $82,280Net Income 2011: -$17,6762011Revenue 2012: $39,093Expenses 2012: $40,124Net Income 2012: -$1,0312012Revenue 2013: $23,459Expenses 2013: $22,941Net Income 2013: $5182013Revenue 2014: $153,618Expenses 2014: $126,396Net Income 2014: $27,2222014Revenue 2015: $112,192Expenses 2015: $148,161Net Income 2015: -$35,9692015Revenue 2016: $195,223Expenses 2016: $207,365Net Income 2016: -$12,1422016Revenue 2017: $332,109Expenses 2017: $270,068Net Income 2017: $62,0412017Revenue 2018: $397,091Expenses 2018: $472,136Net Income 2018: -$75,0452018Revenue 2019: $1,136,723Expenses 2019: $1,011,979Net Income 2019: $124,7442019Revenue 2020: $361,455Expenses 2020: $96,076Net Income 2020: $265,3792020Revenue 2021: $806,903Expenses 2021: $755,347Net Income 2021: $51,5562021Revenue 2022: $1,617,478Expenses 2022: $1,332,121Net Income 2022: $285,3572022Revenue 2023: $2,977,400Expenses 2023: $2,120,119Net Income 2023: $857,2812023Revenue 2024: $3,253,275Expenses 2024: $2,732,445Net Income 2024: $520,8302024

Highlighted filing

2014

Revenue$153,618
Expenses$126,396
Net Income$27,222
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 21, 2015
Return Version
2014v5.0
Gross Receipts
$153,618
Mission and Program Overview

Mission

The foundation is organized and operated exclusively for charitable and education purposes by promoting and producing music events for the greater good of the community.

Florida smooth jazz foundation is organized and operated exclusively for charitable and educational purposes. The foundation promotes jazz music in brevard county for the greater good of the community.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION PROMOTED JAZZ MUSIC FOR THE GREATER GOOD OF BREVARD COUNTY AND SURROUNDING AREAS BY PRODUCING 6 JAZZ CONCERTS IN 2014.-$96,829
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHRYN POWERSPresidentPT$0--
MARK E POWERSSecretaryPT$0--
ERIC SOSINSKIDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Florida Smooth Jazz Foundation Inc
EIN
56-2517811
Phone
8133237947
Address
PO BOX 321327, COCOA BEACH, FL 32932

Signing Officer

Name
Cathryn Powers Md
Title
President
Phone
8133237947
Signed
2015-10-21

Preparer

Firm
Magnus Flaws & Company Pa
Address
202 CRYSTAL GROVE BLVD, LUTZ, FL 33548-6460
Preparer
Carlton B Cunningham CPA
Phone
8139090599
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 22,232 office supplies 1,164 travel 6,997 website expense 327 taxes & licenses 130 concert & event expenses 89,832 postage & delivery 79 concert promotions 2,000 meals & entertainment 392 printing & copying 1,288 total 124,441

Form 990-ez, Part II, Line 24

Prepaid expenses 0 66,688 total 0 66,688

Form 990-ez, Part II, Line 26

Credit card payable 340 3,432 event deposits 0 45,687

Form 990-ez, Part III

Florida smooth jazz foundation is organized and operated exclusively for charitable and educational purposes. The foundation promotes jazz music in brevard county for the greater good of the community.

Raw XML Appendix155 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/ProgramServiceRevenueAmt058527
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 22,232 OFFICE SUPPLIES 1,164 TRAVEL 6,997 WEBSITE EXPENSE 327 TAXES & LICENSES 130 CONCERT & EVENT EXPENSES 89,832 POSTAGE & DELIVERY 79 CONCERT PROMOTIONS 2,000 MEALS & ENTERTAINMENT 392 PRINTING & COPYING 1,288 TOTAL 124,441
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES 0 66,688 TOTAL 0 66,688
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 340 3,432 EVENT DEPOSITS 0 45,687
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FLORIDA SMOOTH JAZZ FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION PROMOTES JAZZ MUSIC IN BREVARD COUNTY FOR THE GREATER GOOD OF THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHRYN POWERS MD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08133237947
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA SMOOTH JAZZ FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0562517811
ReturnHeader/Filer/PhoneNum08133237947
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0335486460
ReturnHeader/PreparerPersonGrp/PhoneNum08139090599
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLTON B CUNNINGHAM CPA
ReturnHeader/ReturnTs02015-11-06T14:09:41-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.07$2.09$3.25$2.73$0.52
2023Detailed filing. Detailed filing data is available for this year.$1.67$0.10$1.57$2.98$2.12$0.86
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.11$0.71$1.62$1.33$0.29
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.25$0.42$0.81$0.76$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.07$0.37$0.36$0.10$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.11$1.14$1.01$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.49$0.02$0.40$0.47$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.36$0.06$0.33$0.27$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.26$0.01$0.20$0.21$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.17$0.00$0.11$0.15$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.05$0.04$0.15$0.13$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.02$0.02$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.04$0.04$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.06$0.08$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.03$0.03$0.04$0.03$0.00