Civic Intelligence

Big Five Club Inc

990 • Fiscal year 2016 • EIN 59-1231761

Nov 01, 2015 to Oct 31, 2016 • Filed on Jan 24, 2018

PO Box 440096Miami, FL 33144-0096

(786) 529-2964

Siviq Scores

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

Liabilities / Assets

64th percentile

0.40x

Higher debt load relative to assets than 64% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

50th percentile

0.46x

Higher debt load relative to revenue than 50% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Net Margin

18th percentile

-6.2%

Higher net margin than 18% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

8th percentile

-8.3%

Faster asset growth than 8% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-30%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,280,019

Down $116,532 (-8.3%) from 2015

Net Assets

Down

$763,704

Down $70,223 (-8.4%) from 2015

Liabilities

Down

$516,315

Down $46,309 (-8.2%) from 2015

Revenue

Down

$1,127,283

Down $491,789 (-30%) from 2015

Expenses

Down

$1,197,506

Down $565,951 (-32%) from 2015

Net Income

Up

-$70,223

Up $74,162 (+51%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,547,037Liabilities 2011: $520,186Net Assets 2011: $1,026,8512011Assets 2012: $1,397,113Liabilities 2012: $318,795Net Assets 2012: $1,078,3182012Assets 2013: $1,365,997Liabilities 2013: $340,758Net Assets 2013: $1,025,2392013Assets 2014: $1,334,419Liabilities 2014: $356,107Net Assets 2014: $978,3122014Assets 2015: $1,396,551Liabilities 2015: $562,624Net Assets 2015: $833,9272015Assets 2016: $1,280,019Liabilities 2016: $516,315Net Assets 2016: $763,7042016Assets 2017: $1,216,179Liabilities 2017: $638,849Net Assets 2017: $577,3302017Assets 2018: $1,128,392Liabilities 2018: $632,996Net Assets 2018: $495,3962018Assets 2019: $1,027,239Liabilities 2019: $566,219Net Assets 2019: $461,0202019Assets 2020: $1,414,477Liabilities 2020: $1,030,910Net Assets 2020: $383,5672020Assets 2021: $1,339,405Liabilities 2021: $1,059,163Net Assets 2021: $280,2422021Assets 2022: $1,353,696Liabilities 2022: $951,814Net Assets 2022: $401,8822022Assets 2024: $1,341,013Liabilities 2024: $882,305Net Assets 2024: $458,7082024

Highlighted filing

2016

Assets$1,280,019
Liabilities$516,315
Net Assets$763,704

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,251,884Expenses 2011: $2,373,533Net Income 2011: -$121,6492011Revenue 2012: $1,421,402Expenses 2012: $1,369,935Net Income 2012: $51,4672012Expenses 2013: $1,206,9342013Revenue 2014: $1,191,740Expenses 2014: $1,238,667Net Income 2014: -$46,9272014Revenue 2015: $1,619,072Expenses 2015: $1,763,457Net Income 2015: -$144,3852015Revenue 2016: $1,127,283Expenses 2016: $1,197,506Net Income 2016: -$70,2232016Revenue 2017: $1,035,241Expenses 2017: $1,221,615Net Income 2017: -$186,3742017Revenue 2018: $990,298Expenses 2018: $1,076,181Net Income 2018: -$85,8832018Revenue 2019: $972,774Expenses 2019: $1,054,410Net Income 2019: -$81,6362019Revenue 2020: $873,559Expenses 2020: $959,074Net Income 2020: -$85,5152020Revenue 2021: $1,808,820Expenses 2021: $1,916,243Net Income 2021: -$107,4232021Revenue 2022: $2,178,666Expenses 2022: $2,431,758Net Income 2022: -$253,0922022Revenue 2024: $2,441,146Expenses 2024: $2,574,749Net Income 2024: -$133,6032024

Highlighted filing

2016

Revenue$1,127,283
Expenses$1,197,506
Net Income-$70,223
Jump To
Filing Snapshot
Filing Period
Nov 1, 2015 to Oct 31, 2016
Signed
Jan 24, 2018
Return Version
2015v3.0
Gross Receipts
$1,141,529
Mission and Program Overview

Mission

The club shall endeavor always to preserve the love of god, the fatherland, the family, the cuban traditions and the principles of freedom and democracy among its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,084,012$1,016,732▼ $67,280
Cash and Non-Interest-Bearing Accounts$98,808$52,076▼ $46,732
Prepaid Expenses and Deferred Charges$32,500$31,500▼ $1,000
Accounts Receivable$6,661$5,141▼ $1,520
Total Assets$1,396,551$1,280,019▼ $116,532
Other Assets Total$174,570$174,570→ $0
Liabilities
Unsecured Notes Loans Payable$373,696$405,742▲ $32,046
Accounts Payable and Accrued Expenses$80,921$60,573▼ $20,348
Deferred Revenue$108,007$50,000▼ $58,007
Total Liabilities$562,624$516,315▼ $46,309
Net Assets / Fund Balance
Unrestricted Net Assets$833,927$763,704▼ $70,223
Total Net Assets Fund Balance$833,927$763,704▼ $70,223
Total Liabilities and Net Assets / Fund Balance$1,396,551$1,280,019▼ $116,532

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$636,441$1,716,416$2,352,857
Equipment$118,220$624,409$742,629
Land$218,612-$218,612
Other Land Buildings$43,459$90,091$133,550
Other Assets Org$1,859--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diana TarichePast President
Jose a MorenoPresident
Jose a LefranVice-president
Jorge N MonteagudoDirector
Juan B JaneDirector
Juan Del ValleDirector
Mario De Las CuevasDirector
Samuel VerdeciaDirector
Walter GutierrezDirector
Juan J SanchezComptroller
Arturo RodriguezSecretary
Adan FonsTreasurer
Louis F AndrewsVice-secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,088,993
Investment Income
$-14,197
Other Revenue
$52,487
Change in Net Assets
$-70,223
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$743,439
Salaries, Compensation, and Employee Benefits$454,067
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$211,535$203,240-$414,775
Occupancy$166,918$160,372-$327,290
Depreciation Depletion$51,907$49,872-$101,779
Office Expenses$26,200$25,172-$51,372
Payroll Taxes$20,039$19,253-$39,292
Insurance$19,368$18,608-$37,976
Fees for Services Other$13,130$12,615-$25,745
Fees for Services Legal$8,810$8,465-$17,275
Interest$8,701$8,360-$17,061
Fees for Services Accounting$8,466$8,134-$16,600
Other Expenses$4,197$4,032-$8,229
Travel$1,264$1,214-$2,478
Total Functional Expenses$646,731$550,775$0$1,197,506
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

Form 990 is reviewed by the board and a copy of form 990 is available to members upon request.

Form 990, Part VI, Section C, line 19

Governing documents are available to members upon request.

Filing and Contact Details

Filer

Filer Name
Big Five Club Inc
EIN
59-1231761
Phone
7865292964
Address
PO Box 440096, Miami, FL 33144-0096

Signing Officer

Name
Jose a Moreno
Title
President
Phone
7865292964
Signed
2018-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jose a Moreno
Formed
1968
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
0
Employees
34
Volunteers
10

Preparer

Firm
Prager Metis CPAs LLC
Address
999 Ponce de Leon Blvd Suite 1045, Coral Gables, FL 33134
Preparer
Margarita G Lisker CPA
Phone
3054448288
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C:

The process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

The club is organized as a not-for-profit organization and is exempt from income taxes under Section 501(c)(7) of the Internal Revenue Code. Accordingly, no provision for income taxes is required. The club's information returns filed with the Internal Revenue Service have not been examined in the past. The club is not aware of any uncertainties that could jeopardize its not-for-profit status. Therefore, no provision or liability for income taxes is deemed necessary. The Club follows the provisions of uncertain tax provisions addressed by FAS ASC 740-10, Accounting for Uncertainty in Income Taxes. The Club has no uncertain tax positions at October 31, 2016, for which ultimate deductibility is highly certain but for which there are uncertainty about the timing of such deductibility. The Club has determined that no amounts are required to be accrued for taxes or related penalties and interest for any tax positions taken through October 31, 2016.

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IRS990/OtherRevenueMiscGrp/BusinessCd0711210
IRS990/OtherRevenueMiscGrp/BusinessCd1711210
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1PARKING INCOME
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048376
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14111
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt048376
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt14111
IRS990/OtherRevenueTotalAmt052487
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0203240
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0211535
IRS990/OtherSalariesAndWagesGrp/TotalAmt0414775
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt019253
IRS990/PayrollTaxesGrp/ProgramServicesAmt020039
IRS990/PayrollTaxesGrp/TotalAmt039292
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031500
IRS990/PrincipalOfficerNm0JOSE A MORENO
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0722210
IRS990/ProgramServiceRevenueGrp/BusinessCd1711210
IRS990/ProgramServiceRevenueGrp/BusinessCd2711210
IRS990/ProgramServiceRevenueGrp/BusinessCd3711210
IRS990/ProgramServiceRevenueGrp/BusinessCd4711210
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1SPORTS ACTIVITIES & SU
IRS990/ProgramServiceRevenueGrp/Desc2UTILITIES
IRS990/ProgramServiceRevenueGrp/Desc3RESTAURANTS, BARS AND
IRS990/ProgramServiceRevenueGrp/Desc4CONCESSION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0593608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0593608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1221294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt272000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt367882
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt448000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0221294
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt172000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt267882
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt348000
IRS990/ProgSrvcAccomActy2Grp/Desc0MAINTENANCE AND PRESERVATION OF CUBAN HERITAGE, APPROXIMATELY 4,000 PERSONS BENEFIT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0323366
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-6612
IRS990/PYOtherExpensesAmt01094399
IRS990/PYOtherRevenueAmt033979
IRS990/PYProgramServiceRevenueAmt01591705
IRS990/PYRevenuesLessExpensesAmt0-144385
IRS990/PYSalariesCompEmpBnftPaidAmt0669058
IRS990/PYTotalExpensesAmt01763457
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01619072
IRS990/ReconcilationRevenueExpnssAmt0-70223
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0172711
IRS990ScheduleD/BuildingsGrp/BookValueAmt0636441
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01716416
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02352857
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt0118220
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0624409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0742629
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0218612
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0218612
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0172711
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11859
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ARTWORKS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt043459
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt090091
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0133550
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The club is organized as a not-for-profit organization and is exempt from income taxes under Section 501(c)(7) of the Internal Revenue Code. Accordingly, no provision for income taxes is required. The club's information returns filed with the Internal Revenue Service have not been examined in the past. The club is not aware of any uncertainties that could jeopardize its not-for-profit status. Therefore, no provision or liability for income taxes is deemed necessary. The Club follows the provisions of uncertain tax provisions addressed by FAS ASC 740-10, Accounting for Uncertainty in Income Taxes. The Club has no uncertain tax positions at October 31, 2016, for which ultimate deductibility is highly certain but for which there are uncertainty about the timing of such deductibility. The Club has determined that no amounts are required to be accrued for taxes or related penalties and interest for any tax positions taken through October 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01016732
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0174570
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD AND A COPY OF FORM 990 IS AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01396551
IRS990/TotalAssetsEOYAmt01280019
IRS990/TotalAssetsGrp/BOYAmt01396551
IRS990/TotalAssetsGrp/EOYAmt01280019
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0550775
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0646731
IRS990/TotalFunctionalExpensesGrp/TotalAmt01197506
IRS990/TotalGrossUBIAmt0483272
IRS990/TotalLiabilitiesBOYAmt0562624
IRS990/TotalLiabilitiesEOYAmt0516315
IRS990/TotalLiabilitiesGrp/BOYAmt0562624
IRS990/TotalLiabilitiesGrp/EOYAmt0516315
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0833927
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0763704
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt064600
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt086209
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt021609
IRS990/TotalProgramServiceExpensesAmt0646731
IRS990/TotalProgramServiceRevenueAmt01088993
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt049
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0643962
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01127283
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0483272
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01396551
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01280019
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01214
IRS990/TravelGrp/ProgramServicesAmt01264
IRS990/TravelGrp/TotalAmt02478
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0833927
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0763704
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0373696
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0405742
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 440096

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.88$0.46$2.44$2.57$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.95$0.40$2.18$2.43$0.25
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$1.06$0.28$1.81$1.92$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$1.03$0.38$0.87$0.96$0.09
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.57$0.46$0.97$1.05$0.08
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.63$0.50$0.99$1.08$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.64$0.58$1.04$1.22$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.28$0.52$0.76$1.13$1.20$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.40$0.56$0.83$1.62$1.76$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.36$0.98$1.19$1.24$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.37$0.34$1.03$1.21
2012Summary only. Only limited summary data is available for this year.$1.40$0.32$1.08$1.42$1.37$0.05
2011Summary only. Only limited summary data is available for this year.$1.55$0.52$1.03$2.25$2.37$0.12