Civic Intelligence

Suwannee River Economic Council Inc.

990 • Fiscal year 2012 • EIN 59-1101989

Oct 01, 2011 to Sep 30, 2012 • Filed on Feb 05, 2013

PO Box 7032064
Siviq Scores

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

Liabilities / Assets

65th percentile

0.44x

Higher debt load relative to assets than 65% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

25th percentile

-3.1%

Faster asset growth than 25% of similar nonprofits.

2012 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$8,142,530

Down $259,224 (-3.1%) from 2011

Net Assets

Down

$4,587,130

Down $2,002,915 (-30%) from 2011

Liabilities

Up

$3,555,400

Up $1,743,691 (+96%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$12,564,499

Down $2,637,686 (-17%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $7,720,883Liabilities 2010: $1,756,682Net Assets 2010: $5,964,2012010Assets 2011: $8,401,754Liabilities 2011: $1,811,709Net Assets 2011: $6,590,0452011Assets 2012: $8,142,530Liabilities 2012: $3,555,400Net Assets 2012: $4,587,1302012Assets 2013: $5,831,159Liabilities 2013: $989,225Net Assets 2013: $4,841,9342013Assets 2014: $5,971,527Liabilities 2014: $909,900Net Assets 2014: $5,061,6272014Assets 2015: $6,276,383Liabilities 2015: $780,070Net Assets 2015: $5,496,3132015Assets 2016: $7,029,711Liabilities 2016: $944,998Net Assets 2016: $6,084,7132016Assets 2017: $7,242,376Liabilities 2017: $835,985Net Assets 2017: $6,406,3912017Assets 2018: $7,438,909Liabilities 2018: $807,475Net Assets 2018: $6,631,4342018Assets 2019: $7,878,008Liabilities 2019: $909,835Net Assets 2019: $6,968,1732019Assets 2020: $9,443,456Liabilities 2020: $1,065,943Net Assets 2020: $8,377,5132020Assets 2021: $11,040,915Liabilities 2021: $1,198,214Net Assets 2021: $9,842,7012021Assets 2022: $11,474,527Liabilities 2022: $1,144,017Net Assets 2022: $10,330,5102022Assets 2023: $11,643,486Liabilities 2023: $1,009,257Net Assets 2023: $10,634,2292023Assets 2024: $12,104,988Liabilities 2024: $1,403,232Net Assets 2024: $10,701,7562024

Highlighted filing

2012

Assets$8,142,530
Liabilities$3,555,400
Net Assets$4,587,130

Operations Trend

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

$20M$15M$10M$5.0M$0Expenses 2010: $13,378,6692010Expenses 2011: $15,202,1852011Expenses 2012: $12,564,4992012Expenses 2013: $10,417,9502013Revenue 2014: $9,046,876Expenses 2014: $8,827,183Net Income 2014: $219,6932014Revenue 2015: $8,442,282Expenses 2015: $8,007,596Net Income 2015: $434,6862015Revenue 2016: $7,740,291Expenses 2016: $7,151,891Net Income 2016: $588,4002016Revenue 2017: $7,488,291Expenses 2017: $7,166,613Net Income 2017: $321,6782017Revenue 2018: $8,208,236Expenses 2018: $7,983,193Net Income 2018: $225,0432018Revenue 2019: $8,855,148Expenses 2019: $8,518,409Net Income 2019: $336,7392019Revenue 2020: $10,240,846Expenses 2020: $8,831,506Net Income 2020: $1,409,3402020Revenue 2021: $10,809,729Expenses 2021: $9,344,541Net Income 2021: $1,465,1882021Revenue 2022: $11,688,250Expenses 2022: $11,200,441Net Income 2022: $487,8092022Revenue 2023: $11,386,248Expenses 2023: $11,082,529Net Income 2023: $303,7192023Revenue 2024: $10,626,660Expenses 2024: $10,559,133Net Income 2024: $67,5272024

Highlighted filing

2012

Revenue-
Expenses$12,564,499
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2011 to Sep 30, 2012
Signed
Feb 5, 2013
Return Version
2011v1.2
Gross Receipts
$12,338,980
Mission and Program Overview

Mission

To further the educational, housing, transportation, economic and social development of the citizens of florida primarily within the ten counties served by the suwannee river economic council, inc. These counties are bradford, columbia, dixie, gilchrist, hamilton, lafayette, madison, suwannee, taylor and union. This includes:1. Administering the programs of the florida department of economic opportunity and other appropriate agencies in the primarily aforementioned ten county area.2. Working with the three significant groups in the community; that is, the poor, the public sector and the private sector, to seek out, identify and eliminate the cause of poverty within the community.3. Making the entire community more responsive to the needs and interests of the poor by mobilizing available resources.4. Planning and developing a system of priorities among projects, activities and areas as needed for the most effective and efficient uses of resources.

Major Activities

Activity 2
Low-income home energy assistance
Activity 3
Special programs for the aging
Filing and Contact Details

Filer

EIN
59-1101989
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IRS990/InfoInScheduleOPartXII0X
IRS990/InventoriesForSaleOrUse/BOY054035
IRS990/InventoriesForSaleOrUse/EOY025133
IRS990/InvestmentIncomeCurrentYear011029
IRS990/InvestmentIncome/ExclusionAmount011029
IRS990/InvestmentIncomePriorYear013527
IRS990/InvestmentIncome/TotalRevenueColumn011029
IRS990/InvestmentInJointVenture00
IRS990/LandBldgEquipmentAccumDeprec01920736
IRS990/LandBuildingsEquipmentBasis04385457
IRS990/LandBuildingsEquipmentBasisNet/BOY02470205
IRS990/LandBuildingsEquipmentBasisNet/EOY02464721
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0TO PROVIDE ASSISTANCE TO THE DISADVANTAGED.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfPrincipalOfficerPerson0FRANCES TERRY
IRS990/NbrIndependentVotingMembers025
IRS990/NbrVotingGoverningBodyMembers026
IRS990/NbrVotingMembersGoverningBody026
IRS990/NetAssetsOrFundBalancesBOY06590045
IRS990/NetAssetsOrFundBalancesEOY04587130
IRS990/NetUnrelatedBusinessTxblIncome00
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096053
IRS990/NumberIndependentVotingMembers025
IRS990/NumberIndividualsGT100K01
IRS990/NumberOfContractorsGT100K05
IRS990/NumberOfEmployees0196
IRS990/NumberW2GIncluded00
IRS990/Occupancy/ManagementAndGeneral071098
IRS990/Occupancy/ProgramServices0202984
IRS990/Occupancy/Total0274082
IRS990/OfficeExpenses/ManagementAndGeneral042881
IRS990/OfficeExpenses/ProgramServices074343
IRS990/OfficeExpenses/Total0117224
IRS990/OfficerEntityWithBsnssRltnshp01
IRS990/OfficerMailingAddress00
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IRS990/OtherEmployeeBenefits/ManagementAndGeneral0121267
IRS990/OtherEmployeeBenefits/ProgramServices0453563
IRS990/OtherEmployeeBenefits/Total0574830
IRS990/OtherExpensePriorYear010919197
IRS990/OtherExpensesCurrentYear08445081
IRS990/OtherExpenses/Description0OTHER
IRS990/OtherExpenses/Description1MATERIALS AND SUBCONTRA
IRS990/OtherExpenses/Description2NONCAPITALIZABLE EQUIPM
IRS990/OtherExpenses/ManagementAndGeneral0219688
IRS990/OtherExpenses/ManagementAndGeneral170837
IRS990/OtherExpenses/ManagementAndGeneral23068

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.1$1.40$10.7$10.6$10.6$0.07
2023Detailed filing. Detailed filing data is available for this year.$11.6$1.01$10.6$11.4$11.1$0.30
2022Detailed filing. Detailed filing data is available for this year.$11.5$1.14$10.3$11.7$11.2$0.49
2021Detailed filing. Detailed filing data is available for this year.$11.0$1.20$9.84$10.8$9.34$1.47
2020Detailed filing. Detailed filing data is available for this year.$9.44$1.07$8.38$10.2$8.83$1.41
2019Detailed filing. Detailed filing data is available for this year.$7.88$0.91$6.97$8.86$8.52$0.34
2018Detailed filing. Detailed filing data is available for this year.$7.44$0.81$6.63$8.21$7.98$0.23
2017Detailed filing. Detailed filing data is available for this year.$7.24$0.84$6.41$7.49$7.17$0.32
2016Detailed filing. Detailed filing data is available for this year.$7.03$0.94$6.08$7.74$7.15$0.59
2015Detailed filing. Detailed filing data is available for this year.$6.28$0.78$5.50$8.44$8.01$0.43
2014Detailed filing. Detailed filing data is available for this year.$5.97$0.91$5.06$9.05$8.83$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.83$0.99$4.84$10.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.14$3.56$4.59$12.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.40$1.81$6.59$15.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.72$1.76$5.96$13.4