Civic Intelligence

Fafo Inc

990 • Fiscal year 2013 • EIN 59-1531258

Jan 01, 2013 to Dec 31, 2013 • Filed on May 07, 2014

PO Box 622934478

(352) 867-0355

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

79th percentile

23%

Higher net margin than 79% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

57th percentile

4.7%

Faster asset growth than 57% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

76th percentile

26%

Faster revenue growth than 76% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Up

$634,273

Up $28,570 (+4.7%) from 2012

Net Assets

Up

$633,678

Up $27,975 (+4.6%) from 2012

Liabilities

Up

$595

Up $595 from 2012

Revenue

$237,090

No earlier filing loaded for comparison.

Expenses

Up

$183,686

Up $12,474 (+7.3%) from 2012

Net Income

$53,404

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.

$800K$600K$400K$200K$0Assets 2011: $552,082Liabilities 2011: $0Net Assets 2011: $552,0822011Assets 2012: $605,703Liabilities 2012: $0Net Assets 2012: $605,7032012Assets 2013: $634,273Liabilities 2013: $595Net Assets 2013: $633,6782013Assets 2014: $669,374Liabilities 2014: $571Net Assets 2014: $668,8032014Assets 2015: $637,915Liabilities 2015: $5Net Assets 2015: $637,9102015Assets 2016: $693,472Liabilities 2016: $12Net Assets 2016: $693,4602016Assets 2017: $742,576Liabilities 2017: $367Net Assets 2017: $742,2092017Assets 2018: $644,853Liabilities 2018: $0Net Assets 2018: $644,8532018Assets 2019: $745,967Liabilities 2019: $0Net Assets 2019: $745,9672019Assets 2020: $667,750Liabilities 2020: $0Net Assets 2020: $667,7502020Assets 2021: $693,642Liabilities 2021: $0Net Assets 2021: $693,6422021Assets 2022: $654,929Liabilities 2022: $1,449Net Assets 2022: $653,4802022Assets 2023: $723,969Liabilities 2023: $1,479Net Assets 2023: $722,4902023Assets 2024: $713,551Liabilities 2024: $109Net Assets 2024: $713,4422024

Highlighted filing

2013

Assets$634,273
Liabilities$595
Net Assets$633,678

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $148,861Expenses 2011: $156,945Net Income 2011: -$8,0842011Expenses 2012: $171,2122012Revenue 2013: $237,090Expenses 2013: $183,686Net Income 2013: $53,4042013Revenue 2014: $231,310Expenses 2014: $183,942Net Income 2014: $47,3682014Revenue 2015: $190,480Expenses 2015: $176,323Net Income 2015: $14,1572015Revenue 2016: $249,943Expenses 2016: $194,393Net Income 2016: $55,5502016Revenue 2017: $234,571Expenses 2017: $185,822Net Income 2017: $48,7492017Revenue 2018: $215,253Expenses 2018: $284,486Net Income 2018: -$69,2332018Revenue 2019: $313,603Expenses 2019: $212,489Net Income 2019: $101,1142019Revenue 2020: $20,388Expenses 2020: $86,962Net Income 2020: -$66,5742020Revenue 2021: $219,605Expenses 2021: $193,713Net Income 2021: $25,8922021Revenue 2022: $149,597Expenses 2022: $184,885Net Income 2022: -$35,2882022Revenue 2023: $253,458Expenses 2023: $184,448Net Income 2023: $69,0102023Revenue 2024: $222,622Expenses 2024: $231,670Net Income 2024: -$9,0482024

Highlighted filing

2013

Revenue$237,090
Expenses$183,686
Net Income$53,404
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 7, 2014
Return Version
2013v3.1
Gross Receipts
$237,090
Mission and Program Overview

Mission

Fine arts for ocala (fafo)

FINE ARTS FOR OCALA (FAFO) form in 1972 with the mission to promote the appreciation of fine arts and to enhance art education in the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$544,826$580,406▲ $35,580
Cash and Non-Interest-Bearing Accounts$44,837$37,852▼ $6,985
Inventories for Sale or Use$16,040$16,015▼ $25
Total Assets$605,703$634,273▲ $28,570
Liabilities
Accounts Payable and Accrued Expenses-$595-
Total Liabilities$0$595▲ $595
Net Assets / Fund Balance
Unrestricted Net Assets$605,703$633,678▲ $27,975
Total Net Assets Fund Balance$605,703$633,678▲ $27,975
Total Liabilities and Net Assets / Fund Balance$605,703$634,273▲ $28,570
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sara DassancePresident
Buff MoringVice President
Alberto ComasBoard Member
Cas Roth-retzBoard Member
Chayo ComasBoard Member
Dan RobertsonBoard Member
David GadlageBoard Member
Donna DiscalfaniBoard Member
Heather GiffordBoard Member
Jim ShelleyBoard Member
Jon BarberBoard Member
Julie MccammonBoard Member
Karen HatchBoard Member
Leigh Ann LinkBoard Member
Page BransonBoard Member
Pamela ZeljakBoard Member
Sagi AsokanBoard Member
Summer GillBoard Member
Susie KleinBoard Member
Tyrus ClutterBoard Member
Janet NeaseSecretary
Patti MoringTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,200
Program Service Revenue
$137,881
Investment Income
$61,009
Other Revenue
$0
All Other Contributions
$15,519
Change in Net Assets
$53,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,938
Salaries, Compensation, and Employee Benefits$23,748
Total Fundraising Expense$2,442
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$98,882$7,478$171$106,531
Advertising$23,310$499$0$23,809
Other Salaries and Wages$15,492$5,532$1,107$22,131
Insurance$1,317$5,257$0$6,574
Other Expenses$0$6,015$0$6,015
Occupancy$0$5,850$0$5,850
Office Expenses$685$2,778$0$3,463
Payroll Taxes$1,132$404$81$1,617
Fees for Services Accounting$0$1,394$0$1,394
Total Functional Expenses$145,517$35,727$2,442$183,686
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
59-1531258
Phone
3528670355

Signing Officer

Name
Donna Disclafani
Title
President
Phone
3528670355
Signed
2014-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Dassance
Formed
1972
Legal Domicile
Fl
Voting Board Members
22
Independent Board Members
22
Employees
3
Volunteers
0

Preparer

Preparer
Mary C Scribner CPA
Phone
3526944184
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

The organization has members.

Pt VI, Line 7A

Members elect or appoint the members of the governing body.

Pt VI, Line 11B

Form 990 is made avaliable for review by the Officers of the Organization before filing.

Pt VI, Line 12C

Through meetings the governing body monitors their conflict of interest policy

Form 990, Part IX, Line 24F

Bank fees 83. 73. 10. 0. Entertainment 19864. 19864. 0. 0. Fafo bucks 12745. 12745. 0. 0. Contract services 1522. 1047. 475. 0. Memberships 475. 0. 475. 0. Sponsorships 287. 287. 0. 0. Licenses 529. 344. 185. 0. Restrooms 1737. 1737. 0. 0. Post office box 88. 0. 88. 0. Printing 3921. 3243. 678. 0. Equipmt rental 11680. 11680. 0. 0. Art displays 3686. 3686. 0. 0. Security 5638. 5638. 0. 0. Storage 2283. 0. 2283. 0. Symphony 18000. 18000. 0. 0. Volunteer exp 550. 550. 0. 0. Website 616. 0. 585. 31

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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0605703
IRS990/NetAssetsOrFundBalancesEOYAmt0633678
IRS990/NetUnrlzdGainsLossesInvstAmt0-25429
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05850
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt05850
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02778
IRS990/OfficeExpensesGrp/ProgramServicesAmt0685
IRS990/OfficeExpensesGrp/TotalAmt03463
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Hospitality
IRS990/OtherExpensesGrp/Desc1Refreshments
IRS990/OtherExpensesGrp/Desc2Children's activities
IRS990/OtherExpensesGrp/Desc3Donations
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt11083
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0520
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt36015
IRS990/OtherExpensesGrp/ProgramServicesAmt04199
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt2500
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt04719
IRS990/OtherExpensesGrp/TotalAmt11083
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherExpensesGrp/TotalAmt36015
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt01107
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt05532
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt015492
IRS990/OtherSalariesAndWagesGrp/TotalAmt022131
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt081
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0404
IRS990/PayrollTaxesGrp/ProgramServicesAmt01132
IRS990/PayrollTaxesGrp/TotalAmt01617
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SARA DASSANCE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANNUAL SYMPHONY IS A MOTHER'S DAY EVENT FOR ALL AGES WITH A DELIGHTFUL MIXTURE OF CLASSIC AND POP MUSIC PERFORMED BY THE OCALA SYMPHONY ORCHESTRA. FAFO BRINGS THE EXPERIENCE OF LIVE SYMPHONIC MUSIC TO MANY THAT HAVE NEVER HAD THE OPPORTUNITY TO ATTEND A SYMPHONY PERFORMANCE BEFORE. THE HIGHLY ANTICIPATED EVENT DRAWS NEARLY 3,000 ATTENDEES EACH YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt049288
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt062830
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt025220
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt026540
IRS990/PYOtherExpensesAmt0141872
IRS990/PYProgramServiceRevenueAmt0124238
IRS990/PYRevenuesLessExpensesAmt04786
IRS990/PYSalariesCompEmpBnftPaidAmt029340
IRS990/PYTotalExpensesAmt0171212
IRS990/PYTotalRevenueAmt0175998
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt053404
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0101956
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt05519
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt05150
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt013325
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt032377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt040520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt096891
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06631
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt011030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt021361
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt025041
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt064063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0144308
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0124506
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0126601
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0109806
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0505221
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06631
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt011030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt021361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt025041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt064063
IRS990ScheduleA/InvestmentIncomeCYPct00.09620
IRS990ScheduleA/InvestmentIncomePYPct00.07910
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.90380
IRS990ScheduleA/PublicSupportPY509Pct00.92090
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0602112
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt05519
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0149458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0137831
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0158978
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150326
IRS990ScheduleA/Total509Grp/TotalAmt0602112
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0666175
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization has members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members elect or appoint the members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is made avaliable for review by the Officers of the Organization before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Through meetings the governing body monitors their conflict of interest policy
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES 83. 73. 10. 0. ENTERTAINMENT 19864. 19864. 0. 0. FAFO BUCKS 12745. 12745. 0. 0. CONTRACT SERVICES 1522. 1047. 475. 0. MEMBERSHIPS 475. 0. 475. 0. SPONSORSHIPS 287. 287. 0. 0. LICENSES 529. 344. 185. 0. RESTROOMS 1737. 1737. 0. 0. POST OFFICE BOX 88. 0. 88. 0. PRINTING 3921. 3243. 678. 0. EQUIPMT RENTAL 11680. 11680. 0. 0. ART DISPLAYS 3686. 3686. 0. 0. SECURITY 5638. 5638. 0. 0. STORAGE 2283. 0. 2283. 0. SYMPHONY 18000. 18000. 0. 0. VOLUNTEER EXP 550. 550. 0. 0. WEBSITE 616. 0. 585. 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0605703
IRS990/TotalAssetsEOYAmt0634273
IRS990/TotalAssetsGrp/BOYAmt0605703
IRS990/TotalAssetsGrp/EOYAmt0634273
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt038200
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt02442
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035727
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145517
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183686
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0595
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0595
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0605703
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0633678

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.14$0.00$7.13$2.23$2.32$0.09
2023Detailed filing. Detailed filing data is available for this year.$7.24$0.01$7.22$2.53$1.84$0.69
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.01$6.53$1.50$1.85$0.35
2021Detailed filing. Detailed filing data is available for this year.$6.94$0.00$6.94$2.20$1.94$0.26
2020Detailed filing. Detailed filing data is available for this year.$6.68$0.00$6.68$0.20$0.87$0.67
2019Detailed filing. Detailed filing data is available for this year.$7.46$0.00$7.46$3.14$2.12$1.01
2018Detailed filing. Detailed filing data is available for this year.$6.45$0.00$6.45$2.15$2.84$0.69
2017Detailed filing. Detailed filing data is available for this year.$7.43$0.00$7.42$2.35$1.86$0.49
2016Detailed filing. Detailed filing data is available for this year.$6.93$0.00$6.93$2.50$1.94$0.56
2015Detailed filing. Detailed filing data is available for this year.$6.38$0.00$6.38$1.90$1.76$0.14
2014Detailed filing. Detailed filing data is available for this year.$6.69$0.01$6.69$2.31$1.84$0.47
2013Detailed filing. Detailed filing data is available for this year.$6.34$0.01$6.34$2.37$1.84$0.53
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.06$0.00$6.06$1.71
2011Summary only. Only limited summary data is available for this year.$5.52$0.00$5.52$1.49$1.57$0.08