Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.99x
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
91st percentile
Faster asset growth than 91% of similar nonprofits.
Revenue Growth
19th percentile
Faster revenue growth than 19% of similar nonprofits.
Balance Sheet
Assets
Up$170,668
Up $83,909 (+97%) from 2014
Net Assets
Down$1,671
Down $35,969 (-96%) from 2014
Liabilities
Up$168,997
Up $119,878 (+244%) from 2014
Revenue And Expenses
Revenue
Down$112,192
Down $41,426 (-27%) from 2014
Expenses
Up$148,161
Up $21,765 (+17%) from 2014
Net Income
Down-$35,969
Down $63,191 (-232%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 7, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $112,192
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
| Description | Grants | Expenses |
|---|---|---|
| The Foundation promoted jazz music for the greater good of Brevard County and surrounding areas by producing 6 jazz concerts in 2015. | $5,000 | $133,383 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Cathryn Powers | President | PT | $0 | - | - |
| Mark E Powers | Secretary | PT | $0 | - | - |
| Eric Sosinski | Director | PT | $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
- 2016-11-07
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Magnus Flaws & Company PA
- Address
- 202 Crystal Grove Blvd, Lutz, FL 33548
- Preparer
- Carlton B Cunningham CPA
- Phone
- 8139090599
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity Classification: 1. Grantee Name: Eastern Florida State College Foundation. Grantee Address: 3865 North Wickham Road Melbourne, FL 32935. Amount Given: 5,000.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: Advertising. Amount: 2,062. Description: Bank Service Charges. Amount: 2. Description: Concert & Event Expenses. Amount: 130,381. Description: Credit Card Processing Fees. Amount: 3,665. Description: Meals & Entertainment. Amount: 501. Description: Office Supplies. Amount: 128. Description: Taxes & Licenses. Amount: 265. Description: Travel. Amount: 3,002. Description: Website Expense. Amount: 945. Total to Form 990-EZ, line 16: 140,951.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: Prepaid Expenses. Beg. of Year Amount: 66,688. End of Year Amount: 54,518.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: Credit Card Payable. Beg. of Year Amount: 3,432. End of Year Amount: 1,024. Description: Event Deposits. Beg. of Year Amount: 45,687. End of Year Amount: 167,973.”
Raw XML Appendix173 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Cocoa Beach |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 116150 |
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| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 750 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
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| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 170668 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 5000 |
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| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
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| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1671 |
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| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1671 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Cathryn Powers |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Mark E Powers |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Eric Sosinski |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Director |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 66688 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 54518 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 140951 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | 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. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 1460 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 107128 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Foundation promoted jazz music for the greater good of Brevard County and surrounding areas by producing 6 jazz concerts in 2015. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 5000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 133383 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 49119 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 168997 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 148161 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 133383 |
| IRS990EZ/TotalRevenueAmt | 0 | 112192 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 95000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 15000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 120000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 95000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 15000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 120000 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 107128 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 58527 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 18459 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 24093 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 64604 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 272811 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.69450 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.58960 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 272811 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt | 0 | 5000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt | 0 | 95000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 15000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 120000 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 112128 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 153527 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23459 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 39093 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 64604 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 392811 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 112128 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 153527 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 23459 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 39093 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 64604 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 392811 |
| 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 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Activity Classification: 1. Grantee Name: Eastern Florida State College Foundation. Grantee Address: 3865 North Wickham Road Melbourne, FL 32935. Amount Given: 5,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: Advertising. Amount: 2,062. Description: Bank Service Charges. Amount: 2. Description: Concert & Event Expenses. Amount: 130,381. Description: Credit Card Processing Fees. Amount: 3,665. Description: Meals & Entertainment. Amount: 501. Description: Office Supplies. Amount: 128. Description: Taxes & Licenses. Amount: 265. Description: Travel. Amount: 3,002. Description: Website Expense. Amount: 945. Total to Form 990-EZ, line 16: 140,951. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: Prepaid Expenses. Beg. of Year Amount: 66,688. End of Year Amount: 54,518. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: Credit Card Payable. Beg. of Year Amount: 3,432. End of Year Amount: 1,024. Description: Event Deposits. Beg. of Year Amount: 45,687. End of Year Amount: 167,973. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts Paid |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Cathryn Powers MD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8133237947 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-07 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Florida Smooth Jazz Foundation Inc |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FLOR |
| ReturnHeader/Filer/EIN | 0 | 562517811 |
| ReturnHeader/Filer/PhoneNum | 0 | 8133237947 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO Box 321327 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Cocoa Beach |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 32932 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 592975032 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Magnus Flaws & Company PA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 202 Crystal Grove Blvd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Lutz |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33548 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8139090599 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Carlton B Cunningham CPA |
| ReturnHeader/ReturnTs | 0 | 2016-11-10T09:21:23-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $170,668
- Liabilities
- $168,997
- Net assets
- $1,671
- Revenue
- $112,192
- Expenses
- $148,161
- Net income
- -$35,969