Civic Intelligence

Sun Coast Osteopathic Foundation Inc

990 • Fiscal year 2016 • EIN 59-2490651

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 21, 2017

2101 Indian Rocks Road SLargo, FL 33774-1022

(727) 483-0661

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

1st percentile

-750%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$63,652

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 410.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

40th percentile

-0.9%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$1,136,489

Down $10,737 (-0.9%) from 2015

Net Assets

Down

$1,135,959

Down $10,343 (-0.9%) from 2015

Liabilities

Down

$530

Down $394 (-43%) from 2015

Revenue

Down

$15,515

Down $61,926 (-80%) from 2015

Expenses

Down

$131,839

Down $38,699 (-23%) from 2015

Net Income

Down

-$116,324

Down $23,227 (-25%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,322,962Liabilities 2011: $91,288Net Assets 2011: $1,231,6742011Assets 2012: $1,442,507Liabilities 2012: $63,539Net Assets 2012: $1,378,9682012Assets 2013: $1,411,722Liabilities 2013: $3,989Net Assets 2013: $1,407,7332013Assets 2014: $1,363,350Liabilities 2014: $4,032Net Assets 2014: $1,359,3182014Assets 2015: $1,147,226Liabilities 2015: $924Net Assets 2015: $1,146,3022015Assets 2016: $1,136,489Liabilities 2016: $530Net Assets 2016: $1,135,9592016Assets 2017: $1,166,333Liabilities 2017: $20,000Net Assets 2017: $1,146,3332017Assets 2018: $1,160,209Liabilities 2018: $0Net Assets 2018: $1,160,2092018Assets 2019: $1,090,474Liabilities 2019: $0Net Assets 2019: $1,090,4742019Assets 2020: $1,151,356Liabilities 2020: $15,130Net Assets 2020: $1,136,2262020Assets 2021: $1,281,898Liabilities 2021: $1,446Net Assets 2021: $1,280,4522021Assets 2022: $931,880Liabilities 2022: $22Net Assets 2022: $931,8582022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2016

Assets$1,136,489
Liabilities$530
Net Assets$1,135,959

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $166,495Expenses 2011: $182,763Net Income 2011: -$16,2682011Revenue 2012: $153,423Expenses 2012: $126,217Net Income 2012: $27,2062012Revenue 2013: $124,942Expenses 2013: $170,598Net Income 2013: -$45,6562013Revenue 2014: $153,228Expenses 2014: $166,669Net Income 2014: -$13,4412014Revenue 2015: $77,441Expenses 2015: $170,538Net Income 2015: -$93,0972015Revenue 2016: $15,515Expenses 2016: $131,839Net Income 2016: -$116,3242016Revenue 2017: $35,158Expenses 2017: $136,207Net Income 2017: -$101,0492017Revenue 2018: $85,512Expenses 2018: $137,800Net Income 2018: -$52,2882018Revenue 2019: $71,362Expenses 2019: $129,121Net Income 2019: -$57,7592019Revenue 2020: $80,833Expenses 2020: $95,237Net Income 2020: -$14,4042020Revenue 2021: $88,907Expenses 2021: $135,005Net Income 2021: -$46,0982021Revenue 2022: $69,081Expenses 2022: $135,437Net Income 2022: -$66,3562022Revenue 2023: $149,889Expenses 2023: $934,488Net Income 2023: -$784,5992023

Highlighted filing

2016

Revenue$15,515
Expenses$131,839
Net Income-$116,324
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 21, 2017
Return Version
2015v3.0
Gross Receipts
$15,515
Mission and Program Overview

Mission

The mission of the sun coast osteopathic foundation is to advance medical education, research and patient care in the field of osteopathic medicine. This mission is carried out through educational scholarships, grants supporting research, community grants to area nonprofit organizations that support the health of our community and community outreach/education events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,090,231$664,783▼ $425,448
Cash and Non-Interest-Bearing Accounts$8,734$460,013▲ $451,279
Savings and Temporary Cash Investments$46,363--
Land, Buildings, and Equipment, Net$1,398$10,725▲ $9,327
Prepaid Expenses and Deferred Charges$500$968▲ $468
Total Assets$1,147,226$1,136,489▼ $10,737
Liabilities
Other Liabilities$924$530▼ $394
Total Liabilities$924$530▼ $394
Net Assets / Fund Balance
Unrestricted Net Assets$485,941$547,252▲ $61,311
Temporarily Rstr Net Assets$373,297$338,178▼ $35,119
Permanently Rstr Net Assets$287,064$250,529▼ $36,535
Total Net Assets Fund Balance$1,146,302$1,135,959▼ $10,343
Total Liabilities and Net Assets / Fund Balance$1,147,226$1,136,489▼ $10,737

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$8,808$1,583$10,391
Equipment$1,917-$1,917
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Audrey WoodExecutive DiFT$63,652$63,652

Board Members and Trustees

NameTitle
Kim KasperPresident
Anthony OttavianiDirector
Margaret CoupeDirector
Melody HunterDirector
Joan HarveySecretary
Sharman EicherTreasurer
Randal WorthVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$20,992
Program Service Revenue
$0
Investment Income
$-5,477
Other Revenue
$0
All Other Contributions
$20,992
Change in Net Assets
$-116,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$69,437
Other Expenses$48,402
Total Fundraising Expense$19,504
Grants and Similar Amounts Paid$14,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$31,826$19,096$12,730$63,652
Grants to Domestic Orgs$14,000--$14,000
Advertising$6,100-$1,107$7,207
Occupancy$4,659$1,463$975$7,097
Payroll Taxes$2,321$1,392$928$4,641
Fees for Services Accounting-$4,136-$4,136
Office Expenses$1,384$682$1,084$3,150
Conferences and Meetings$2,075-$626$2,701
Fees for Services Other$2,350$270-$2,620
All Other Expenses$561$687$412$1,660
Other Employee Benefits$572$343$229$1,144
Depreciation Depletion$532$319$213$1,064
Insurance$472$283$189$944
Other Expenses$365$207$365$730
Travel$25$46$25$96
Total Functional Expenses$71,654$40,681$19,504$131,839
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Taxes$530
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 11B

Form 990 is annually distributed to officers and board members for review and comment.

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

Conflict policy is reviewed annually at annual bod meeting.

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is reviewed annualy by the bod.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sun Coast Osteopathic Foundation
EIN
59-2490651
Phone
7274830661
Address
2101 INDIAN ROCKS ROAD S, LARGO, FL 33774-1022

Signing Officer

Name
Sharman Eicher
Title
Treasurer
Phone
7274830661
Signed
2017-02-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Audrey Wood
Formed
1984
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
25

Preparer

Firm
Janssen & Igar Cpas Pa
Address
1626-38TH AVENUE NORTH, ST PETERSBURG, FL 33713
Preparer
Helen W Igar CPA
Phone
7275259723
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the sun coast osteopathic foundation is to advance medical education, research and patient care in the field of osteopathic medicine. This mission is carried out through educational scholarships, grants supporting research, community grants to area nonprofit organizations that support the health of our community and community outreach/education events.

Form 990, Part XI, Line 9

Change in unrealized gain/loss of 0 investments 105,981 total 105,981

Raw XML Appendix393 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt037959
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt093172
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL AND TAXES
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE SUN COAST OSTEOPATHIC FOUNDATION IS TO ADVANCE MEDICAL EDUCATION, RESEARCH AND PATIENT CARE IN THE FIELD OF OSTEOPATHIC MEDICINE. THIS MISSION IS CARRIED OUT THROUGH EDUCATIONAL SCHOLARSHIPS, GRANTS SUPPORTING RESEARCH, COMMUNITY GRANTS TO AREA NONPROFIT ORGANIZATIONS THAT SUPPORT THE HEALTH OF OUR COMMUNITY AND COMMUNITY OUTREACH/EDUCATION EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS ANNUALLY DISTRIBUTED TO OFFICERS AND BOARD MEMBERS FOR REVIEW AND COMMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT POLICY IS REVIEWED ANNUALLY AT ANNUAL BOD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALY BY THE BOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN UNREALIZED GAIN/LOSS OF 0 INVESTMENTS 105,981 TOTAL 105,981
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt071654
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalProgramServiceExpensesAmt071654
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IRS990/TotalRevenueGrp/ExclusionAmt0-39353
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt033876
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt015515
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IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01147226
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IRS990/WebsiteAddressTxt0WWW.SUNCOASTOSTEOPATHIC.ORG
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARMAN EICHER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07274830661
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SUN COAST OSTEOPATHIC FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0SUNC
ReturnHeader/Filer/EIN0592490651
ReturnHeader/Filer/PhoneNum07274830661
ReturnHeader/Filer/USAddress/AddressLine1Txt02101 INDIAN ROCKS ROAD S
ReturnHeader/Filer/USAddress/CityNm0LARGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0337741022
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592453808
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JANSSEN & IGAR CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01626-38TH AVENUE NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033713
ReturnHeader/PreparerPersonGrp/PhoneNum07275259723
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HELEN W IGAR CPA
ReturnHeader/ReturnTs02017-02-23T10:38:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

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