Civic Intelligence

Betmar Owners Inc Betmar Owners Inc

990 • Fiscal year 2018 • EIN 59-1694785

Apr 01, 2017 to Mar 31, 2018 • Filed on Jul 27, 2018

37145 Lakewood DriveZephyrhills, FL 33542

(813) 782-0043

Siviq Scores

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

Liabilities / Assets

55th percentile

0.08x

Higher debt load relative to assets than 55% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.10x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Net Margin

47th percentile

3.2%

Higher net margin than 47% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2018 filings • 501(c)7 • $500k-$1M nonprofits • Source year 2018

Asset Growth

80th percentile

12%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

35th percentile

-2.3%

Faster revenue growth than 35% of similar nonprofits.

2018 filings • 501(c)7 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$991,433

Flat from 2018

Net Assets

Flat

$911,533

Flat from 2018

Liabilities

Flat

$79,900

Flat from 2018

Revenue

Flat

$812,918

Flat from 2018

Expenses

Flat

$787,280

Flat from 2018

Net Income

Flat

$25,638

Flat from 2018

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 2012: $508,437Liabilities 2012: $0Net Assets 2012: $508,4372012Assets 2013: $630,108Liabilities 2013: $0Net Assets 2013: $630,1082013Assets 2014: $685,177Liabilities 2014: $0Net Assets 2014: $685,1772014Assets 2015: $733,105Liabilities 2015: $0Net Assets 2015: $733,1052015Assets 2016: $827,173Liabilities 2016: $0Net Assets 2016: $827,1732016Assets 2017: $885,895Liabilities 2017: $0Net Assets 2017: $885,8952017Assets 2018: $991,433Liabilities 2018: $79,900Net Assets 2018: $911,5332018Assets 2018: $991,433Liabilities 2018: $79,900Net Assets 2018: $911,5332018Assets 2019: $1,276,328Liabilities 2019: $293,905Net Assets 2019: $982,4232019Assets 2020: $1,623,083Liabilities 2020: $632,112Net Assets 2020: $990,9712020Assets 2021: $1,172,415Liabilities 2021: $398,650Net Assets 2021: $773,7652021Assets 2022: $1,491,819Liabilities 2022: $496,354Net Assets 2022: $995,4652022Assets 2023: $1,867,260Liabilities 2023: $710,572Net Assets 2023: $1,156,6882023Assets 2024: $1,426,171Liabilities 2024: $390,093Net Assets 2024: $1,036,0782024Assets 2025: $1,461,433Liabilities 2025: $312,271Net Assets 2025: $1,149,1622025

Highlighted filing

2018

Assets$991,433
Liabilities$79,900
Net Assets$911,533

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $708,298Expenses 2012: $631,619Net Income 2012: $76,6792012Revenue 2013: $720,974Expenses 2013: $599,303Net Income 2013: $121,6712013Revenue 2014: $776,122Expenses 2014: $721,053Net Income 2014: $55,0692014Revenue 2015: $870,939Expenses 2015: $823,011Net Income 2015: $47,9282015Revenue 2016: $869,354Expenses 2016: $775,286Net Income 2016: $94,0682016Revenue 2017: $832,223Expenses 2017: $773,501Net Income 2017: $58,7222017Revenue 2018: $812,918Expenses 2018: $787,280Net Income 2018: $25,6382018Revenue 2018: $812,918Expenses 2018: $787,280Net Income 2018: $25,6382018Revenue 2019: $811,393Expenses 2019: $810,961Net Income 2019: $4322019Revenue 2020: $825,425Expenses 2020: $806,228Net Income 2020: $19,1972020Revenue 2021: $396,326Expenses 2021: $613,532Net Income 2021: -$217,2062021Revenue 2022: $799,295Expenses 2022: $592,362Net Income 2022: $206,9332022Revenue 2023: $948,941Expenses 2023: $700,762Net Income 2023: $248,1792023Revenue 2024: $714,125Expenses 2024: $834,235Net Income 2024: -$120,1102024Revenue 2025: $991,651Expenses 2025: $878,567Net Income 2025: $113,0842025

Highlighted filing

2018

Revenue$812,918
Expenses$787,280
Net Income$25,638
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Jul 27, 2018
Return Version
2017v2.3
Gross Receipts
$972,798
Mission and Program Overview

Mission

The organization provides for social and recreational activities for approximately 3,400 senior resident/members of the betmar mobile home community located in zephyrhills, florida.

This organization provides for social and recreational activities for approximately 3,400 senior resident/members of the betmar mobile home community located near zephyrhills, fl.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$885,895$911,533▲ $25,638
Cash and Non-Interest-Bearing Accounts$496,043$695,538▲ $199,495
Savings and Temporary Cash Investments$294,852$295,895▲ $1,043
Prepaid Expenses and Deferred Charges$95,000--
Total Assets$885,895$991,433▲ $105,538
Liabilities
Other Liabilities-$79,900-
Total Liabilities$0$79,900▲ $79,900
Net Assets / Fund Balance
Total Net Assets Fund Balance$885,895$911,533▲ $25,638
Total Liabilities and Net Assets / Fund Balance$885,895$991,433▲ $105,538
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard HeonPresident
Bryan TollDirector
Jack ShayDirector
Judith GearsbeckDirector
Linda LafayetteDirector
Maxine HenryDirector
Richard MasonDirector
Robert CoutzDirector
Jimmie StokesSecretary
William RobertsonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$744,581
Investment Income
$1,296
Other Revenue
$67,041
Change in Net Assets
$25,638
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$787,280
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$180,798--$180,798
Other Expenses$54,645--$54,645
Fees for Services Accounting$1,665--$1,665
Fees for Services Legal$260--$260
Total Functional Expenses$787,280$0$0$787,280
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$212,277
Gaming Direct Expenses$159,880
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Club Reserve Funds Deposit$79,900
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Betmar Owners Inc
EIN
59-1694785
Phone
8137820043
Address
37145 LAKEWOOD DRIVE, ZEPHYRHILLS, FL 33542

Signing Officer

Name
Richard Heon
Title
President
Phone
8137820043
Signed
2018-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Heon
Formed
1976
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
75

Preparer

Firm
John E Henson CPA Pa
Address
5315 EIGHTH STREET, ZEPHYRHILLS, FL 33542-4312
Preparer
John E Henson
Phone
8137820580
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

All club activities are manned by unpaid volunteers.

Form 990, Page 2, Part III, Line 4D

Provide recreation and social activities for betmar mobile home community residents.

Form 990, Part IX, Line 24E

Misc equip repairs 35,182 0 0 dinners 33,188 0 0 other clubs 31,002 0 0 shuffle expenses 26,477 0 0 advertising bulletin cost 18,043 0 0 communications sup/exp 14,007 0 0 dance club 11,364 0 0 other miscellaneous 3,905 0 0 telephone 2,869 0 0 activities - other 1,804 0 0 chorus club 1,701 0 0 office expense 1,256 0 0 total 180,798 0 0

Raw XML Appendix355 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MISC EQUIP REPAIRS 35,182 0 0 DINNERS 33,188 0 0 OTHER CLUBS 31,002 0 0 SHUFFLE EXPENSES 26,477 0 0 ADVERTISING BULLETIN COST 18,043 0 0 COMMUNICATIONS SUP/EXP 14,007 0 0 DANCE CLUB 11,364 0 0 OTHER MISCELLANEOUS 3,905 0 0 TELEPHONE 2,869 0 0 ACTIVITIES - OTHER 1,804 0 0 CHORUS CLUB 1,701 0 0 OFFICE EXPENSE 1,256 0 0 TOTAL 180,798 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0885895
IRS990/TotalAssetsEOYAmt0991433
IRS990/TotalAssetsGrp/BOYAmt0885895
IRS990/TotalAssetsGrp/EOYAmt0991433
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0787280
IRS990/TotalFunctionalExpensesGrp/TotalAmt0787280
IRS990/TotalGrossUBIAmt014871
IRS990/TotalLiabilitiesEOYAmt079900
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt079900
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0885895
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0911533
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt051022
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt051022
IRS990/TotalProgramServiceExpensesAmt0787280
IRS990/TotalProgramServiceRevenueAmt0744581
IRS990/TotalRevenueGrp/ExclusionAmt052397
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0745650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0812918
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt014871
IRS990/TotalVolunteersCnt075
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0885895
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0991433
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/USAddress/AddressLine1Txt036849 TARA AVE
IRS990/USAddress/CityNm0ZEPHYRHILLS
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033542
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD HEON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08137820043
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BETMAR OWNERS INC
ReturnHeader/Filer/BusinessNameControlTxt0BETM
ReturnHeader/Filer/EIN0591694785
ReturnHeader/Filer/PhoneNum08137820043
ReturnHeader/Filer/USAddress/AddressLine1Txt037145 LAKEWOOD DRIVE
ReturnHeader/Filer/USAddress/CityNm0ZEPHYRHILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033542
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DB0FBEEF7EEEA80663D85D339B0F12A6D73025F3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0ECF34E61ADA97FB7DF669F2B8381B3AAA1AA56EB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-08-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:05:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650378670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN E HENSON CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05315 EIGHTH STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ZEPHYRHILLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0335424312
ReturnHeader/PreparerPersonGrp/PhoneNum08137820580
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN E HENSON
ReturnHeader/ReturnTs02018-08-20T09:05:26-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-04-01
ReturnHeader/TaxPeriodEndDt02018-03-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.31$1.15$0.99$0.88$0.11
2024Summary only. Only limited summary data is available for this year.$1.43$0.39$1.04$0.71$0.83$0.12
2023Summary only. Only limited summary data is available for this year.$1.87$0.71$1.16$0.95$0.70$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.50$1.00$0.80$0.59$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.17$0.40$0.77$0.40$0.61$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.62$0.63$0.99$0.83$0.81$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.29$0.98$0.81$0.81$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.08$0.91$0.81$0.79$0.03
2018Summary only. Only limited summary data is available for this year.$0.99$0.08$0.91$0.81$0.79$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.89$0.83$0.77$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.87$0.78$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.87$0.82$0.05
2014Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.78$0.72$0.06
2013Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.72$0.60$0.12
2012Summary only. Only limited summary data is available for this year.$0.51$0.00$0.51$0.71$0.63$0.08