Civic Intelligence

Greater Sebring Chamber of Commerce

990 • Fiscal year 2019 • EIN 59-0532480

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 19, 2020

227 US Highway 27 NorthSebring, FL 33870

(863) 385-8448

Siviq Scores

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

Liabilities / Assets

95th percentile

0.74x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

1.12x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

81st percentile

18%

Higher net margin than 81% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

47th percentile

1.2%

Faster asset growth than 47% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

12%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$371,098

Up $4,357 (+1.2%) from 2018

Net Assets

Up

$94,700

Up $44,523 (+89%) from 2018

Liabilities

Down

$276,398

Down $40,166 (-13%) from 2018

Revenue

Up

$246,504

Up $26,362 (+12%) from 2018

Expenses

Up

$201,981

Up $22,872 (+13%) from 2018

Net Income

Up

$44,523

Up $3,490 (+8.5%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2011: $299,308Liabilities 2011: $277,934Net Assets 2011: $21,3742011Assets 2012: $273,521Liabilities 2012: $260,039Net Assets 2012: $13,4822012Assets 2013: $271,706Liabilities 2013: $263,151Net Assets 2013: $8,5552013Assets 2014: $289,032Liabilities 2014: $265,687Net Assets 2014: $23,3452014Assets 2015: $325,343Liabilities 2015: $348,376Net Assets 2015: -$23,0332015Assets 2016: $320,684Liabilities 2016: $322,470Net Assets 2016: -$1,7862016Assets 2017: $319,386Liabilities 2017: $310,242Net Assets 2017: $9,1442017Assets 2018: $366,741Liabilities 2018: $316,564Net Assets 2018: $50,1772018Assets 2019: $371,098Liabilities 2019: $276,398Net Assets 2019: $94,7002019Assets 2020: $405,059Liabilities 2020: $254,226Net Assets 2020: $150,8332020Assets 2022: $545,845Liabilities 2022: $312,293Net Assets 2022: $233,5522022Assets 2023: $903,874Liabilities 2023: $703,361Net Assets 2023: $200,5132023Assets 2024: $885,865Liabilities 2024: $686,941Net Assets 2024: $198,9242024

Highlighted filing

2019

Assets$371,098
Liabilities$276,398
Net Assets$94,700

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $234,299Expenses 2011: $202,758Net Income 2011: $31,5412011Revenue 2012: $202,857Expenses 2012: $213,511Net Income 2012: -$10,6542012Revenue 2013: $197,500Expenses 2013: $202,427Net Income 2013: -$4,9272013Revenue 2014: $189,288Expenses 2014: $174,498Net Income 2014: $14,7902014Revenue 2015: $204,312Expenses 2015: $199,938Net Income 2015: $4,3742015Revenue 2016: $211,404Expenses 2016: $170,565Net Income 2016: $40,8392016Revenue 2017: $190,722Expenses 2017: $179,792Net Income 2017: $10,9302017Revenue 2018: $220,142Expenses 2018: $179,109Net Income 2018: $41,0332018Revenue 2019: $246,504Expenses 2019: $201,981Net Income 2019: $44,5232019Revenue 2020: $246,889Expenses 2020: $190,756Net Income 2020: $56,1332020Revenue 2022: $317,707Expenses 2022: $281,097Net Income 2022: $36,6102022Revenue 2023: $352,963Expenses 2023: $385,563Net Income 2023: -$32,6002023Revenue 2024: $384,748Expenses 2024: $386,337Net Income 2024: -$1,5892024

Highlighted filing

2019

Revenue$246,504
Expenses$201,981
Net Income$44,523
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 19, 2020
Return Version
2019v5.0
Gross Receipts
$342,888
Mission and Program Overview

Mission

The greater sebring chamber of commerce serves the economic, educational, governmental and networking interests of our members by fostering connections between businesses and the highlands county community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$209,398$166,351▼ $43,047
Cash and Non-Interest-Bearing Accounts$34,640$76,125▲ $41,485
Accounts Receivable$54,851$73,738▲ $18,887
Land, Buildings, and Equipment, Net$65,948$53,117▼ $12,831
Prepaid Expenses and Deferred Charges$1,485$969▼ $516
Intangible Assets$419$798▲ $379
Total Assets$366,741$371,098▲ $4,357
Liabilities
Deferred Revenue$152,367$146,492▼ $5,875
Grants Payable$84,457$79,284▼ $5,173
Mortgage Notes Payable Secured by Investment Property$64,138$27,809▼ $36,329
Accounts Payable and Accrued Expenses$6,688$13,888▲ $7,200
Other Liabilities$8,914$8,925▲ $11
Total Liabilities$316,564$276,398▼ $40,166
Net Assets / Fund Balance
Net Assets With Donor Restrictions$84,457$79,284▼ $5,173
Net Assets Without Donor Restrictions$-34,280$15,416▲ $49,696
Total Net Assets Fund Balance$50,177$94,700▲ $44,523
Total Liabilities and Net Assets / Fund Balance$366,741$371,098▲ $4,357

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$53,117$197,253$250,370
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tenille Drury-smithChair
Jc ShoopChair - Elec
Kristie VazquezVice Chair
Brian CosgraveDirector
Garrett RobertsDirector
James MccoyDirector
Julia MercerDirector
Marcia DavisDirector
Ryan DanzeyDirector
Vanessa HernandezDirector
Lindsey PiersonSecretary
Shannon SappTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$193,138
Investment Income
$1,637
Other Revenue
$51,729
Change in Net Assets
$44,523
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$113,430
Other Expenses$88,551
Total Fundraising Expense$30,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$52,687$26,344$26,344$105,375
Office Expenses$44,520$10,952$2,109$57,581
Depreciation Depletion$13,768--$13,768
Payroll Taxes$4,027$2,014$2,014$8,055
Insurance$4,611$1,537-$6,148
Fees for Services Accounting$2,250$2,250-$4,500
Advertising$3,426--$3,426
Conferences and Meetings$1,117$485-$1,602
Information Technology$594$92$229$915
Other Expenses$83$84-$167
Occupancy-$120-$120
Travel$117--$117
Total Functional Expenses$127,407$43,878$30,696$201,981
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$58,278
Fundraising Direct Expenses$38,927
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soda Festival$30,672$30,672$23,034$7,638
Annual Banquet$13,035$13,035$11,473$1,562
Total Events$53,828$53,828$37,826$16,002
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$4,485
Security Deposits$4,200
Sales Tax Payable$240
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Page 6, Part VI, Line 11B

A draft copy of the tax returns are presented to all of the board members at a board meeting for review and approval before the forms are filed with the irs.

Form 990, Page 6, Part VI, Line 12C

Board members disclose conflicts annually, and are asked to update the disclosure if changes arise throughout the year.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Greater Sebring Chamber of
EIN
59-0532480
Phone
8633858448
Address
227 US HIGHWAY 27 NORTH, SEBRING, FL 33870

Signing Officer

Name
Elizabeth Barber
Title
President/CEO
Phone
8633858448
Signed
2020-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Barber
Formed
1940
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
4

Preparer

Firm
WICKS BROWN WILLIAMS & CO CPA'S LLP
Address
140 S COMMERCE AVENUE, SEBRING, FL 33870-3601
Preparer
Charles P Cox
Phone
8633821157
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IRS990/OtherRevenueMiscGrp/BusinessCd0531120
IRS990/OtherRevenueMiscGrp/BusinessCd1531120
IRS990/OtherRevenueMiscGrp/Desc0ADVERTISING
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02140
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1362
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02140
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt1362
IRS990/OtherRevenueTotalAmt02502
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt026344
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026344
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt052687
IRS990/OtherSalariesAndWagesGrp/TotalAmt0105375
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02014
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02014
IRS990/PayrollTaxesGrp/ProgramServicesAmt04027
IRS990/PayrollTaxesGrp/TotalAmt08055
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01485
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0969
IRS990/PrincipalOfficerNm0ELIZABETH BARBER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1DIRECTORY INCOME
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc3DONATIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0158448
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt128845
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31251
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0158448
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt128845
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31251
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0634
IRS990/PYOtherExpensesAmt074781
IRS990/PYOtherRevenueAmt065995
IRS990/PYProgramServiceRevenueAmt0153513
IRS990/PYRevenuesLessExpensesAmt041033
IRS990/PYSalariesCompEmpBnftPaidAmt0104328
IRS990/PYTotalExpensesAmt0179109
IRS990/PYTotalRevenueAmt0220142
IRS990/ReconcilationRevenueExpnssAmt044523
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt024896
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesRevenueGrp/ExclusionAmt04980
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt04980
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0209398
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0166351
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt053117
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0197253
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0250370
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04485
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2240
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt053117
IRS990ScheduleD/TotalLiabilityAmt08925
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037826
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ANNUAL BANQUET
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SODA FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt030672
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt053828
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030672
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010121
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt053828
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016002
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03319
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt037826
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011473
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt023034
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY OF THE TAX RETURNS ARE PRESENTED TO ALL OF THE BOARD MEMBERS AT A BOARD MEETING FOR REVIEW AND APPROVAL BEFORE THE FORMS ARE FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS DISCLOSE CONFLICTS ANNUALLY, AND ARE ASKED TO UPDATE THE DISCLOSURE IF CHANGES ARISE THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0true
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0366741
IRS990/TotalAssetsEOYAmt0371098
IRS990/TotalAssetsGrp/BOYAmt0366741
IRS990/TotalAssetsGrp/EOYAmt0371098
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt030696
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt043878
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0127407
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201981
IRS990/TotalGrossUBIAmt029035
IRS990/TotalLiabilitiesBOYAmt0316564
IRS990/TotalLiabilitiesEOYAmt0276398
IRS990/TotalLiabilitiesGrp/BOYAmt0316564
IRS990/TotalLiabilitiesGrp/EOYAmt0276398
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt050177
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt094700
IRS990/TotalProgramServiceExpensesAmt0127407
IRS990/TotalProgramServiceRevenueAmt0193138
IRS990/TotalRevenueGrp/ExclusionAmt04980
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0193138
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0246504
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt029035
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0366741
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0371098
IRS990/TravelGrp/ProgramServicesAmt0117
IRS990/TravelGrp/TotalAmt0117
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0227 US 27 NORTH
IRS990/USAddress/CityNm0SEBRING
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033870
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0HTTP://WWW.SEBRING.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH BARBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum08633858448
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER SEBRING CHAMBER OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMMERCE INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0590532480

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