Civic Intelligence

Spca Inc

990 • Fiscal year 2022 • EIN 59-1939655

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 08, 2023

5850 Brannen Road SouthLakeland, FL 33813

(863) 646-7722

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

19th percentile

0.05x

Higher debt load relative to revenue than 19% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

13th percentile

-15%

Higher net margin than 13% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

37th percentile

$141,188

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

8th percentile

-17%

Faster asset growth than 8% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

10th percentile

-39%

Faster revenue growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Down

$11,219,404

Down $2,299,316 (-17%) from 2021

Net Assets

Down

$10,946,405

Down $2,189,345 (-17%) from 2021

Liabilities

Down

$272,999

Down $109,971 (-29%) from 2021

Revenue

Down

$5,437,421

Down $3,455,352 (-39%) from 2021

Expenses

Up

$6,231,569

Up $261,933 (+4.4%) from 2021

Net Income

Down

-$794,148

Down $3,717,285 (-127%) from 2021

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $9,569,763Liabilities 2011: $204,852Net Assets 2011: $9,364,9112011Assets 2012: $10,604,441Liabilities 2012: $326,951Net Assets 2012: $10,277,4902012Assets 2013: $11,482,042Liabilities 2013: $459,642Net Assets 2013: $11,022,4002013Assets 2014: $11,274,970Liabilities 2014: $440,820Net Assets 2014: $10,834,1502014Assets 2015: $10,589,932Liabilities 2015: $641,277Net Assets 2015: $9,948,6552015Assets 2016: $10,188,688Liabilities 2016: $1,059,530Net Assets 2016: $9,129,1582016Assets 2017: $10,087,687Liabilities 2017: $935,329Net Assets 2017: $9,152,3582017Assets 2018: $8,742,217Liabilities 2018: $612,748Net Assets 2018: $8,129,4692018Assets 2019: $9,138,873Liabilities 2019: $552,721Net Assets 2019: $8,586,1522019Assets 2020: $10,384,316Liabilities 2020: $396,139Net Assets 2020: $9,988,1772020Assets 2021: $13,518,720Liabilities 2021: $382,970Net Assets 2021: $13,135,7502021Assets 2022: $11,219,404Liabilities 2022: $272,999Net Assets 2022: $10,946,4052022Assets 2023: $11,523,565Liabilities 2023: $319,159Net Assets 2023: $11,204,4062023Assets 2024: $12,868,085Liabilities 2024: $339,919Net Assets 2024: $12,528,1662024

Highlighted filing

2022

Assets$11,219,404
Liabilities$272,999
Net Assets$10,946,405

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $4,409,7332011Expenses 2012: $5,668,2702012Revenue 2013: $6,606,752Expenses 2013: $6,275,764Net Income 2013: $330,9882013Revenue 2014: $5,737,344Expenses 2014: $5,922,640Net Income 2014: -$185,2962014Revenue 2015: $5,202,959Expenses 2015: $5,644,395Net Income 2015: -$441,4362015Revenue 2016: $4,622,871Expenses 2016: $5,569,701Net Income 2016: -$946,8302016Revenue 2017: $5,356,567Expenses 2017: $5,766,523Net Income 2017: -$409,9562017Revenue 2018: $5,406,808Expenses 2018: $5,849,254Net Income 2018: -$442,4462018Revenue 2019: $6,118,386Expenses 2019: $6,303,195Net Income 2019: -$184,8092019Revenue 2020: $7,446,134Expenses 2020: $6,064,684Net Income 2020: $1,381,4502020Revenue 2021: $8,892,773Expenses 2021: $5,969,636Net Income 2021: $2,923,1372021Revenue 2022: $5,437,421Expenses 2022: $6,231,569Net Income 2022: -$794,1482022Revenue 2023: $6,153,600Expenses 2023: $6,313,596Net Income 2023: -$159,9962023Revenue 2024: $8,419,505Expenses 2024: $7,244,795Net Income 2024: $1,174,7102024

Highlighted filing

2022

Revenue$5,437,421
Expenses$6,231,569
Net Income-$794,148
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$9,270,417
Mission and Program Overview

Mission

Spca florida exists to eliminate animal suffering and to engage the entire community in the welfare and well-being of animals. This is accomplished through the adoption of healthy animals, spaying & neutering animals, and providing veterinary medical services.

Eliminate animal suffering and engage the community in the welfare and well-being of animals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,274,588$4,179,766▼ $2,094,822
Land, Buildings, and Equipment, Net$3,209,184$3,477,105▲ $267,921
Accounts Receivable$2,501,490$2,015,218▼ $486,272
Savings and Temporary Cash Investments$974,699$1,103,966▲ $129,267
Cash and Non-Interest-Bearing Accounts$301,819$199,064▼ $102,755
Inventories for Sale or Use$145,147$116,569▼ $28,578
Investments Other Securities$101,041$86,830▼ $14,211
Prepaid Expenses and Deferred Charges$10,752$4,712▼ $6,040
Total Assets$13,518,720$11,219,404▼ $2,299,316
Other Assets Total-$36,174-
Liabilities
Accounts Payable and Accrued Expenses$314,583$178,648▼ $135,935
Deferred Revenue$68,387$58,011▼ $10,376
Other Liabilities-$36,340-
Total Liabilities$382,970$272,999▼ $109,971
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$9,956,002$8,659,972▼ $1,296,030
Net Assets With Donor Restrictions$3,179,748$2,286,433▼ $893,315
Total Net Assets Fund Balance$13,135,750$10,946,405▼ $2,189,345
Total Liabilities and Net Assets / Fund Balance$13,518,720$11,219,404▼ $2,299,316

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,610,592$1,833,001$4,443,593
Equipment$191,942$1,033,825$1,225,767
Land$508,643-$508,643
Leasehold Improvements$140,875$138,743$279,618
Other Land Buildings$25,053$81,244$106,297

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$6,583,064-▼ $943,292$1,092,628$4,531,426
2021$6,028,009$6,921▲ $692,055$128,140$6,583,072
2020$5,158,923$500,000▲ $625,470$240,756$6,028,009
2019$4,929,030-▲ $933,660$689,976$5,158,923
2018$6,168,256-▼ $230,634$993,537$4,929,030
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shelley ThayerExecutive DiFT$135,749$5,439$141,188
Robyn BartonHighest CompFT$128,236$5,050$133,286
Kristen VolpicelliHighest CompFT$105,337$21,926$127,263
Kristyn Ilysa DayVeterninariaFT$110,166-$110,166

Board Members and Trustees

NameTitle
Karen MitchellPresident
Bob SullivanBoard Member
Dr Linda SilverBoard Member
Katie NorvellBoard Member
Katrina BarcellonaBoard Member
Dawn DiazExec Board M
Stacy WalshSecretary
Chris WarnockTreasurer
Marion SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$2,179,584
Program Service Revenue
$3,017,487
Investment Income
$446,335
Other Revenue
$-205,985
All Other Contributions
$1,612,112
Change in Net Assets
$-794,148

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table416$115,337Fair Market Value
Other Non Cash Contri Table155$58,753Fair Market Value
Total Noncash Contributions571$174,090-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,421,870
Revenue Not Reported on Financial Statements
$15,551
Revenue Not Reported on Form 990
$-1,266,182
Total Revenue per Audited Statements
$4,155,688
Total Revenue per Form 990
$5,437,421
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,469,810
Other Expenses$2,761,759
Total Fundraising Expense$251,392
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,518,081$240,481$77,511$2,836,073
Other Employee Benefits$242,072$32,347$9,408$283,827
Office Expenses$226,788$20,617$21,178$268,583
Occupancy$210,312$16,269$16,269$242,850
Payroll Taxes$178,015$23,788$6,919$208,722
Depreciation Depletion$132,751$38,015-$170,766
Current Officers, Directors, Trustees, and Key Employees$21,178$98,832$21,178$141,188
Advertising$51,754$4,800$79,914$136,468
Insurance$84,491$9,275$9,275$103,041
Conferences and Meetings$83,502$3,264-$86,766
Fees for Services Accounting-$48,766-$48,766
Information Technology$384$11,581$7,560$19,525
Travel$15,793$290$107$16,190
Fees for Services Other$559$8,162-$8,721
Other Expenses$8,228$3,452$1,785$8,228
Fees for Services Legal-$2,368-$2,368
Total Functional Expenses$5,415,157$565,020$251,392$6,231,569

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,345,033
Total Expenses per Form 990$6,231,569
Expenses per Audited Statements$6,216,018
Expenses Not Reported on Form 990$129,015
Expenses Not Reported on Financial Statements$15,551
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$215,573
Gaming Gross Income$20,588
Gaming Direct Expenses$11,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction for the$254,399-$50,454-
Walk for the an$122,011-$10,116-
Total Events$567,472-$215,573$-215,573
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$36,340
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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 6

Memberships, with the dues to be determined by the board of directors from time to time, are hereby authorized.

Form 990, Page 6, Part VI, Line 7A

Each board member in good standing shall vote at the annual meeting for the prescribed number of directors from the total nominations submitted to him by a show of hands. Any director may move to approve the individual nominees rather than taking the nominees as a whole. If approved individually, no director may cast more than one vote for any one nominee, and each vote shall be taken by secret ballot. At the request of any director at the meeting, the qualifications of any candidate shall be read by the secretary. No absentee ballots shall be accepted and no person may vote by proxy.

Form 990, Page 6, Part VI, Line 11B

A public disclosure copy of the 990 is presented to the entire board for review before it is filed. Donor information is redacted for the board review to protect donor privacy.

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

Each director, officer, or employee with a position of senior management or has the authority to enter into business transactions on behalf of the spca (covered persons) shall sign and submit an annual statement to the board of directors. Any covered person who becomes aware of any actual or potential conflict of interest with respect to any matter coming before the board of directors of the spca florida, or any of its committees, shall immediately make full and accurate disclosure of such a potential conflict of interest to the board of directors and, if such covered person is a director, shall refrain from participating in the discussion and/or voting with respect to such matter. Each such annual statement and questionnaire and each covered person notification to the board of director of the spca florida shall be reviewed promptly by the board of directors of the spca florida, which shall be thereafter diligently attempt to resolve such actual or potential conflict(s).

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Spca Inc
EIN
59-1939655
Phone
8636467722
Address
5850 BRANNEN ROAD SOUTH, LAKELAND, FL 33813
Doing Business As
Spca Florida

Signing Officer

Name
Shelley Thayer
Title
Executive Director
Phone
8636467722
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelley Thayer
Formed
1979
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
126
Volunteers
350

Preparer

Firm
Prida Guida & Perez Pa
Address
1106 N FRANKLIN ST, TAMPA, FL 33602-3813
Preparer
George K Guida
Phone
8132266091
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Spca florida exists to eliminate animal suffering and to engage the entire community in the welfare and well-being of animals. This is accomplished through the adoption of healthy animals, spaying & neutering animals, and providing veterinary medical services.

Form 990, Part III

Form 990, part iii line 1 - organization's mission (continued) of healthy animals, prevent dog and cat overpopulation, provide veterinary medical services for animals in the community and keep animals in homes through relinquishment intervention strategies. Form 990, part iii line 4a - first accomplishment (continued) our pet safety net program provided compassion funds for families whose pets need medical care. 15 to 30 families per month receive financial aid through our pet safety net program. Lifesaving fosters bottle fed and cared for over 1,000 kittens and puppies, from a few days old until they are old enough to go into the system to be adopted.

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

Spca florida's community programs help thousand of pets and the people who love them. The organization cares for around 3,700 homeless animals each year and provided affordable veterinary care to an additional 15,000 pets annually through its mcclurg animal medical center. During 2022, the organization's ani-meals program, a collaboration with meals on wheels, polk county elderly services and viste, distributed more than 132,000 pounds of pet food to elderly and homebound families. The community cat program addressed pet overpopulation by spaying or neutering 477 stray cats, preventing thousands of future homeless kittens from being born. Our medical center cared for 13,500 patients through out the year, performed 1,224 special surgeries and spayed or neutered 1,801 cats and 1,705 dogs. Under the foster program, 2,148 puppies and kittens were fostered until the animals were ready for adoption. Nearly 400 "at risk" animals were transported to approved humane organizations for adoption in 2022.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

During 2005, an endowment was established by the board of directors of spca, inc in order to provide support to the organization to carry out its role and mission.

Schedule D, Page 3, Part X

The spca follows the guidance in the income tax standard regarding the recognition of uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax filing that are not certain to be realized. The spca is not aware of any activities that would jeopardize its tax-exempt status.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME 21,246 MANUFACTURER REBATES 92,280 PPP LOAN 632,527
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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$12.9$0.34$12.5$8.42$7.24$1.17
2023Detailed filing. Detailed filing data is available for this year.$11.5$0.32$11.2$6.15$6.31$0.16
2022Detailed filing. Detailed filing data is available for this year.$11.2$0.27$10.9$5.44$6.23$0.79
2021Detailed filing. Detailed filing data is available for this year.$13.5$0.38$13.1$8.89$5.97$2.92
2020Detailed filing. Detailed filing data is available for this year.$10.4$0.40$9.99$7.45$6.06$1.38
2019Detailed filing. Detailed filing data is available for this year.$9.14$0.55$8.59$6.12$6.30$0.18
2018Detailed filing. Detailed filing data is available for this year.$8.74$0.61$8.13$5.41$5.85$0.44
2017Detailed filing. Detailed filing data is available for this year.$10.1$0.94$9.15$5.36$5.77$0.41
2016Detailed filing. Detailed filing data is available for this year.$10.2$1.06$9.13$4.62$5.57$0.95
2015Detailed filing. Detailed filing data is available for this year.$10.6$0.64$9.95$5.20$5.64$0.44
2014Detailed filing. Detailed filing data is available for this year.$11.3$0.44$10.8$5.74$5.92$0.19
2013Detailed filing. Detailed filing data is available for this year.$11.5$0.46$11.0$6.61$6.28$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.33$10.3$5.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.57$0.20$9.36$4.41