Civic Intelligence

Ft Lauderdale Fire Fighters Insurance Trust Fund

990 • Fiscal year 2017 • EIN 59-2139406

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 24, 2018

3810 Inverrary Blvd Rm/Ste 303Lauderhill, FL 33319

(954) 730-2068

Siviq Scores

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

Liabilities / Assets

59th percentile

0.03x

Higher debt load relative to assets than 59% of similar nonprofits.

2017 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

87th percentile

0.30x

Higher debt load relative to revenue than 87% of similar nonprofits.

2017 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2017

Net Margin

78th percentile

22%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2017 filings • 501(c)9 • $1M-$5M nonprofits • Source year 2017

Asset Growth

81st percentile

21%

Faster asset growth than 81% of similar nonprofits.

2017 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-2.6%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)9 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,190,784

Up $379,286 (+21%) from 2016

Net Assets

Up

$2,126,459

Up $335,713 (+19%) from 2016

Liabilities

Up

$64,325

Up $43,573 (+210%) from 2016

Revenue

Down

$212,340

Down $5,594 (-2.6%) from 2016

Expenses

Up

$165,918

Up $26,468 (+19%) from 2016

Net Income

Down

$46,422

Down $32,062 (-41%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $653,372Liabilities 2010: $0Net Assets 2010: $653,3722010Assets 2011: $814,670Liabilities 2011: $0Net Assets 2011: $814,6702011Assets 2012: $1,000,808Liabilities 2012: $0Net Assets 2012: $1,000,8082012Assets 2014: $1,456,687Liabilities 2014: $0Net Assets 2014: $1,456,6872014Assets 2015: $1,598,163Liabilities 2015: $56,085Net Assets 2015: $1,542,0782015Assets 2016: $1,811,498Liabilities 2016: $20,752Net Assets 2016: $1,790,7462016Assets 2017: $2,190,784Liabilities 2017: $64,325Net Assets 2017: $2,126,4592017Assets 2018: $2,139,104Liabilities 2018: $0Net Assets 2018: $2,139,1042018Assets 2019: $2,700,546Liabilities 2019: $0Net Assets 2019: $2,700,5462019Assets 2020: $3,138,072Liabilities 2020: $0Net Assets 2020: $3,138,0722020Assets 2021: $3,617,124Liabilities 2021: $0Net Assets 2021: $3,617,1242021Assets 2022: $3,106,452Liabilities 2022: $0Net Assets 2022: $3,106,4522022Assets 2023: $3,551,238Liabilities 2023: $0Net Assets 2023: $3,551,2382023Assets 2024: $4,194,975Liabilities 2024: $0Net Assets 2024: $4,194,9752024

Highlighted filing

2017

Assets$2,190,784
Liabilities$64,325
Net Assets$2,126,459

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $135,395Expenses 2010: $60,371Net Income 2010: $75,0242010Revenue 2011: $302,101Expenses 2011: $103,813Net Income 2011: $198,2882011Revenue 2012: $278,938Expenses 2012: $205,204Net Income 2012: $73,7342012Revenue 2014: $322,437Expenses 2014: $146,517Net Income 2014: $175,9202014Revenue 2015: $129,962Expenses 2015: $168,377Net Income 2015: -$38,4152015Revenue 2016: $217,934Expenses 2016: $139,450Net Income 2016: $78,4842016Revenue 2017: $212,340Expenses 2017: $165,918Net Income 2017: $46,4222017Revenue 2018: $184,536Expenses 2018: $144,778Net Income 2018: $39,7582018Revenue 2019: $270,546Expenses 2019: $217,352Net Income 2019: $53,1942019Revenue 2020: $458,592Expenses 2020: $228,089Net Income 2020: $230,5032020Revenue 2021: $345,673Expenses 2021: $358,631Net Income 2021: -$12,9582021Revenue 2022: $556,001Expenses 2022: $544,334Net Income 2022: $11,6672022Revenue 2023: $432,673Expenses 2023: $436,167Net Income 2023: -$3,4942023Revenue 2024: $1,012,642Expenses 2024: $469,628Net Income 2024: $543,0142024

Highlighted filing

2017

Revenue$212,340
Expenses$165,918
Net Income$46,422
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 24, 2018
Return Version
2017v2.3
Gross Receipts
$317,991
Mission and Program Overview

Mission

The trust fund was created for the purpose of providing life, sick, accident, and other benefits to its members in accordance with section 501(c)(9) of the code.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,715,457$2,001,867▲ $286,410
Savings and Temporary Cash Investments$96,041$188,917▲ $92,876
Total Assets$1,811,498$2,190,784▲ $379,286
Liabilities
Accounts Payable and Accrued Expenses$20,752$64,325▲ $43,573
Total Liabilities$20,752$64,325▲ $43,573
Net Assets / Fund Balance
Unrestricted Net Assets$1,790,746$2,126,459▲ $335,713
Total Net Assets Fund Balance$1,790,746$2,126,459▲ $335,713
Total Liabilities and Net Assets / Fund Balance$1,811,498$2,190,784▲ $379,286
Compensation and Service Providers

Board Members and Trustees

NameTitle
J Scott BayneChairman
Josh WellsTrustee
Ken RudominerTrustee
Ron TetraultTrustee
Matt AdamsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$272,983
Investment Income
$-60,643
Other Revenue
$0
Change in Net Assets
$46,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$61,631
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
Benefits to Members---$104,287
Fees for Service Investment Mgmnt Fees---$17,031
Fees for Services Legal---$14,000
Other Expenses---$7,350
Insurance---$2,250
Total Functional Expenses$0$0$0$165,918
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
No
Backup withholding compliance
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

Trustees reviewed the 990 before it was filed.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Ft Lauderdale Fire Fighters
EIN
59-2139406
Address
3810 INVERRARY BLVD RM/STE 303, LAUDERHILL, FL 33319

Signing Officer

Name
J Scott Bayne
Title
Chairman
Signed
2018-08-24

Organization Details

Principal Officer
J Scott Bayne
Formed
1981
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Ksdt & Co LLC
Address
9300 S DADELAND BLVD STE 600, MIAMI, FL 33156-2721
Preparer
Steven Gordon CPA
Phone
3056703370
Raw XML Appendix246 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
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
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IRS990/FormationYr01981
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IRS990/GainOrLossGrp/SecuritiesAmt0-105651
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/IndoorTanningServicesInd0false
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IRS990/InvestmentInJointVentureInd0false
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IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0105651
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetUnrlzdGainsLossesInvstAmt0289291
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0ADMIN
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EMPLOYEE CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0272983
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IRS990/ProhibitedTaxShelterTransInd0false
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IRS990/ReconcilationRevenueExpnssAmt046422
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/ReportOtherLiabilitiesInd0false
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN GORDON CPA
ReturnHeader/ReturnTs02018-10-02T17:54:50-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.19$0.00$4.19$1.01$0.47$0.54
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.55$0.00$3.55$0.43$0.44$0.00
2022Detailed filing. Detailed filing data is available for this year.$3.11$0.00$3.11$0.56$0.54$0.01
2021Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$0.35$0.36$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$0.00$3.14$0.46$0.23$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.70$0.00$2.70$0.27$0.22$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.00$2.14$0.18$0.14$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.19$0.06$2.13$0.21$0.17$0.05
2016Summary only. Only limited summary data is available for this year.$1.81$0.02$1.79$0.22$0.14$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.06$1.54$0.13$0.17$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.32$0.15$0.18
2012Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.28$0.21$0.07
2011Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.30$0.10$0.20
2010Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.14$0.06$0.08