Civic Intelligence

Martin Luther King Economic Development Corporation

990T • Fiscal year 2022 • EIN 59-2042422

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 24, 2022

6116 NW 7th AvenueMiami, FL 33127

(305) 757-7652

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

-

No earlier filing loaded for comparison.

Net Assets

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No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

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No earlier filing loaded for comparison.

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.

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $644,685Liabilities 2011: $945,268Net Assets 2011: -$300,5832011Assets 2012: $624,531Liabilities 2012: $331,569Net Assets 2012: $292,9622012Assets 2013: $588,965Liabilities 2013: $331,650Net Assets 2013: $257,3152013Assets 2014: $583,812Liabilities 2014: $330,650Net Assets 2014: $253,1622014Assets 2015: $627,757Liabilities 2015: $323,553Net Assets 2015: $304,2042015Assets 2016: $1,115,771Liabilities 2016: $313,731Net Assets 2016: $802,0402016Assets 2017: $1,077,273Liabilities 2017: $301,829Net Assets 2017: $775,4442017Assets 2018: $906,520Liabilities 2018: $292,868Net Assets 2018: $613,6522018Assets 2019: $954,778Liabilities 2019: $284,294Net Assets 2019: $670,4842019Assets 2020: $904,184Liabilities 2020: $234,123Net Assets 2020: $670,0612020Assets 2021: $1,071,220Liabilities 2021: $188,304Net Assets 2021: $882,9162021Assets 2022: $859,039Liabilities 2022: $172,706Net Assets 2022: $686,3332022Assets 2023: $1,811,267Liabilities 2023: $156,257Net Assets 2023: $1,655,0102023Assets 2024: $1,552,270Liabilities 2024: $140,307Net Assets 2024: $1,411,9632024Assets 2025: $2,176,823Liabilities 2025: $127,133Net Assets 2025: $2,049,6902025

Latest loaded filing

2025

Assets$2,176,823
Liabilities$127,133
Net Assets$2,049,690

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: -$18,710Expenses 2011: $50,000Net Income 2011: -$68,7102011Expenses 2012: $125,2462012Revenue 2013: $8,838Expenses 2013: $49,194Net Income 2013: -$40,3562013Revenue 2014: $62,809Expenses 2014: $66,962Net Income 2014: -$4,1532014Revenue 2015: $101,164Expenses 2015: $53,040Net Income 2015: $48,1242015Revenue 2016: $772,364Expenses 2016: $274,486Net Income 2016: $497,8782016Revenue 2017: $417,553Expenses 2017: $444,107Net Income 2017: -$26,5542017Revenue 2018: $780,990Expenses 2018: $942,581Net Income 2018: -$161,5912018Revenue 2019: $588,800Expenses 2019: $531,768Net Income 2019: $57,0322019Revenue 2020: $809,679Expenses 2020: $809,902Net Income 2020: -$2232020Revenue 2021: $1,359,984Expenses 2021: $1,179,220Net Income 2021: $180,7642021Revenue 2022: $582,597Expenses 2022: $778,979Net Income 2022: -$196,3822022Revenue 2023: $1,908,899Expenses 2023: $939,304Net Income 2023: $969,5952023Revenue 2024: $1,593,505Expenses 2024: $1,836,552Net Income 2024: -$243,0472024Revenue 2025: $2,095,675Expenses 2025: $1,457,925Net Income 2025: $637,7502025

Latest loaded filing

2025

Revenue$2,095,675
Expenses$1,457,925
Net Income$637,750
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 24, 2022
Return Version
2021v4.3
Mission and Program Overview

Mission

Advocate on behalf of the community for the revitalization of commercial and residential areas within the target area. The organization also operates mlkedc business center, which includes maintenance, repairs, and counseling.

Filing and Contact Details

Filer

Filer Name
Martin Luther King Economic Dev
EIN
59-2042422
Phone
3057577652
Address
6116 NW 7TH AVENUE, MIAMI, FL 33127

Signing Officer

Name
Billy Hardeman
Title
Chairperson
Phone
3057577652
Signed
2022-10-24
Discuss with paid preparer
Yes

Preparer

Firm
John S Bush CPA Pa
Address
8181 W BROWARD BOULEVARD SUITE 35, PLANTATION, FL 33324-2033
Preparer
John S Bush CPA
Phone
9544744100
Raw XML Appendix86 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.

Path#Value
IRS4562/AmortizationCostsBeforeTYAmt0785
IRS4562/BusinessOrActivityTxt0COMMERICAL BUILDING
IRS4562/GeneralDepreciationSystem/GDSNonRsdntlRealProp/BasisForDepreciationAmt03100
IRS4562/GeneralDepreciationSystem/GDSNonRsdntlRealProp/DepreciationDeductionAmt050
IRS4562/GeneralDepreciationSystem/GDSNonRsdntlRealProp/MonthAndYearPlacedInServiceDt02021-11
IRS4562/MACRSDedForAstInSrvcBfrPYAmt08132
IRS4562/MaximumDollarLimitationAmt01050000
IRS4562/ThresholdCostOfSect179PropAmt02620000
IRS4562/TotalAmortizationAmt0785
IRS4562/TotalDepreciationAmt08182
IRS990T/AvlblPre2018NOLCarryoverAmt0-31554
IRS990T/BooksInCareOfDetail/PersonNm0BILLY HARDEMAN
IRS990T/BooksInCareOfDetail/PhoneNum03057577652
IRS990T/BooksInCareOfDetail/USAddress/AddressLine1Txt0655 NW 48 STREET
IRS990T/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990T/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990T/BooksInCareOfDetail/USAddress/ZIPCd033127
IRS990T/BookValueAssetsEOYAmt0859039
IRS990T/ChangeInMethodOfAccountingInd0false
IRS990T/ForeignAccountsQuestionInd0false
IRS990T/ForeignTrustQuestionInd0false
IRS990T/Form990TScheduleAAttachedCnt01
IRS990T/NetOperatingLossDeductionAmt012806
IRS990T/Organization501cCorporationInd0X
IRS990T/Organization501IndicatorGrp/Organization501cTypeTxt0c3
IRS990T/Organization501IndicatorGrp/Organization501Ind0X
IRS990TScheduleA/DepreciationClmElsewhereAmt08182
IRS990TScheduleA/NetRentIncomeAmt012806
IRS990TScheduleA/PrincipalBusinessActivityCd0531120
IRS990TScheduleA/RentIncomePropertyGrp/DeductionsConnectedRentIncmAmt0363217
IRS990TScheduleA/RentIncomePropertyGrp/RentRealPersonalPropertyAmt0376023
IRS990TScheduleA/RentIncomePropertyGrp/TotalRentsByPropertyAmt0376023
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/AddressLine1Txt06116 NW 7 AVE
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/CityNm0MIAMI
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/StateAbbreviationCd0FL
IRS990TScheduleA/RentIncomePropertyGrp/USAddress/ZIPCd033127
IRS990TScheduleA/SequenceReferenceNum01
IRS990TScheduleA/SequenceTotalNum01
IRS990TScheduleA/TotalDepreciationAmt08182
IRS990TScheduleA/TotalRentDeductionsAmt0363217
IRS990TScheduleA/TotalRentIncomeAmt0376023
IRS990TScheduleA/TotNetUnrltTrdBusIncmAmt012806
IRS990TScheduleA/TotUnrltTrdBusIncmAmt0376023
IRS990TScheduleA/TotUnrltTrdBusIncmExpnssAmt0363217
IRS990TScheduleA/TradeOrBusinessDesc0UNRELATED BUSINESS ACTIVITY
IRS990TScheduleA/UBIBeforeNOLDedAmt012806
IRS990TScheduleA/UnrelatedBusinessTaxblIncmAmt012806
IRS990T/SpecificDeductionAmt01000
IRS990T/SubsidiaryCorporationInd0false
IRS990T/TaxableCorporationAmt00
IRS990T/TaxableTrustAmt00
IRS990T/TotalDeductionAmt01000
IRS990T/TotalUBTIAmt00
IRS990T/TotalUBTIBeforeNOLSpecificAmt012806
IRS990T/TotalUBTIBeforeSection199AAmt00
IRS990T/TotalUBTIComputedAmt012806
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BILLY HARDEMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRPERSON
ReturnHeader/BusinessOfficerGrp/PhoneNum03057577652
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARTIN LUTHER KING ECONOMIC DEV
ReturnHeader/Filer/BusinessNameControlTxt0MART
ReturnHeader/Filer/EIN0592042422
ReturnHeader/Filer/PhoneNum03057577652
ReturnHeader/Filer/USAddress/AddressLine1Txt06116 NW 7TH AVENUE
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033127
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592212206
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN S BUSH CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08181 W BROWARD BOULEVARD SUITE 35
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLANTATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0333242033
ReturnHeader/PreparerPersonGrp/PhoneNum09544744100
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S BUSH CPA
ReturnHeader/ReturnTs02022-11-16T13:17:02-05:00
ReturnHeader/ReturnTypeCd0990T
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BILLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HARDEMAN
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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.$2.18$0.13$2.05$2.10$1.46$0.64
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.55$0.14$1.41$1.59$1.84$0.24
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.16$1.66$1.91$0.94$0.97
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.86$0.17$0.69$0.58$0.78$0.20
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.19$0.88$1.36$1.18$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.23$0.67$0.81$0.81$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.28$0.67$0.59$0.53$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.29$0.61$0.78$0.94$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.30$0.78$0.42$0.44$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.12$0.31$0.80$0.77$0.27$0.50
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.32$0.30$0.10$0.05$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.33$0.25$0.06$0.07$0.00
2013Summary only. Only limited summary data is available for this year.$0.59$0.33$0.26$0.01$0.05$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.33$0.29$0.13
2011Summary only. Only limited summary data is available for this year.$0.64$0.95$0.30$0.02$0.05$0.07