Civic Intelligence

Community Cooperative Inc.

990 • Fiscal year 2020 • EIN 59-2602772

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 16, 2021

PO Box 2143Fort Myers, FL 33902

(239) 332-7687

Siviq Scores

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

Liabilities / Assets

29th percentile

0.04x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

59th percentile

$140,192

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

92nd percentile

68%

Faster asset growth than 92% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

91st percentile

68%

Faster revenue growth than 91% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$3,845,446

Up $1,555,916 (+68%) from 2019

Net Assets

Up

$3,680,018

Up $1,587,167 (+76%) from 2019

Liabilities

Down

$165,428

Down $31,251 (-16%) from 2019

Revenue

Up

$6,436,192

Up $2,606,610 (+68%) from 2019

Expenses

Up

$4,867,877

Up $1,511,120 (+45%) from 2019

Net Income

Up

$1,568,315

Up $1,095,490 (+232%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,856,876Liabilities 2011: $54,869Net Assets 2011: $1,802,0072011Assets 2012: $1,416,113Liabilities 2012: $168,208Net Assets 2012: $1,247,9052012Assets 2013: $1,184,186Liabilities 2013: $203,695Net Assets 2013: $980,4912013Assets 2014: $1,529,306Liabilities 2014: $445,572Net Assets 2014: $1,083,7342014Assets 2015: $1,215,640Liabilities 2015: $284,288Net Assets 2015: $931,3522015Assets 2016: $1,313,231Liabilities 2016: $153,865Net Assets 2016: $1,159,3662016Assets 2017: $1,446,756Liabilities 2017: $61,500Net Assets 2017: $1,385,2562017Assets 2018: $1,781,171Liabilities 2018: $161,193Net Assets 2018: $1,619,9782018Assets 2019: $2,289,530Liabilities 2019: $196,679Net Assets 2019: $2,092,8512019Assets 2020: $3,845,446Liabilities 2020: $165,428Net Assets 2020: $3,680,0182020Assets 2021: $4,693,657Liabilities 2021: $65,558Net Assets 2021: $4,628,0992021Assets 2022: $6,039,442Liabilities 2022: $108,461Net Assets 2022: $5,930,9812022Assets 2023: $6,180,412Liabilities 2023: $144,518Net Assets 2023: $6,035,8942023Assets 2024: $6,213,278Liabilities 2024: $135,865Net Assets 2024: $6,077,4132024

Highlighted filing

2020

Assets$3,845,446
Liabilities$165,428
Net Assets$3,680,018

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,807,6552011Expenses 2012: $3,047,6172012Revenue 2013: $2,708,942Expenses 2013: $2,976,356Net Income 2013: -$267,4142013Revenue 2014: $2,790,236Expenses 2014: $2,814,297Net Income 2014: -$24,0612014Revenue 2015: $2,651,555Expenses 2015: $2,756,945Net Income 2015: -$105,3902015Revenue 2016: $2,640,226Expenses 2016: $2,412,212Net Income 2016: $228,0142016Revenue 2017: $3,429,197Expenses 2017: $3,203,307Net Income 2017: $225,8902017Revenue 2018: $3,418,312Expenses 2018: $3,139,719Net Income 2018: $278,5932018Revenue 2019: $3,829,582Expenses 2019: $3,356,757Net Income 2019: $472,8252019Revenue 2020: $6,436,192Expenses 2020: $4,867,877Net Income 2020: $1,568,3152020Revenue 2021: $4,780,992Expenses 2021: $3,852,216Net Income 2021: $928,7762021Revenue 2022: $5,994,211Expenses 2022: $4,601,439Net Income 2022: $1,392,7722022Revenue 2023: $5,469,341Expenses 2023: $5,435,918Net Income 2023: $33,4232023Revenue 2024: $5,350,734Expenses 2024: $5,402,171Net Income 2024: -$51,4372024

Highlighted filing

2020

Revenue$6,436,192
Expenses$4,867,877
Net Income$1,568,315
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 16, 2021
Return Version
2020v4.1
Gross Receipts
$6,544,689
Mission and Program Overview

Mission

The Organization is dedicated to ending hunger and homelessness in Lee County while inspiring and supporting sustained positive change. This is accomplished by providing nutritious meals, groceries, life coaching and social services to the impovershed.

The Organization is dedicated to ending hunger and homelessness in Lee County while inspiring and supporting sustained positive change. This is accomplished by providing nutritious meals, groceries, life coaching and social services to the impoverished.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,244,437$1,262,020▲ $17,583
Cash and Non-Interest-Bearing Accounts$281,055$1,197,498▲ $916,443
Savings and Temporary Cash Investments$75,832$526,900▲ $451,068
Investments in Publicly Traded Securities$427,344$503,009▲ $75,665
Inventories for Sale or Use$80,792$162,581▲ $81,789
Investments Other Securities$67,082$83,516▲ $16,434
Pledges and Grants Receivable$32,103$54,608▲ $22,505
Accounts Receivable$70,410$34,560▼ $35,850
Prepaid Expenses and Deferred Charges$9,690$19,969▲ $10,279
Total Assets$2,289,530$3,845,446▲ $1,555,916
Other Assets Total$785$785→ $0
Liabilities
Accounts Payable and Accrued Expenses$120,960$129,611▲ $8,651
Unsecured Notes Loans Payable$55,719$28,317▼ $27,402
Deferred Revenue$20,000$7,500▼ $12,500
Total Liabilities$196,679$165,428▼ $31,251
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,841,386$3,271,213▲ $1,429,827
Net Assets With Donor Restrictions$251,465$408,805▲ $157,340
Total Net Assets Fund Balance$2,092,851$3,680,018▲ $1,587,167
Total Liabilities and Net Assets / Fund Balance$2,289,530$3,845,446▲ $1,555,916

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$795,412$711,285$1,506,697
Equipment$172,263$196,474$368,737
Other Land Buildings$196,649$91,207$250,820
Land$97,696-$97,696
Other Assets Org$785--
Other Securities$83,516--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$67,082$188,887▲ $23,684-$275,358
2019$60,187-▲ $11,037-$67,082
2018$69,996-▼ $4,815-$60,187
2017$66,393-▲ $9,419-$69,996
2016$68,312-▲ $4,577-$66,393
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tracey GallowayCEOFT$140,192$140,192
Blair FretwellCFOFT$92,084$92,084

Board Members and Trustees

NameTitle
Keith BanasiakBoard MemberChair
Charlotte MillerBoard MemberVice Chair
Betsy AldermanBoard MemberDirector
Cathy DevineBoard MemberDirector
Jordi TejeroBoard MemberDirector
Joseph CattiBoard MemberDirector
Ryan CarterBoard MemberDirector
Ty RolandBoard MemberDirector
Wayne KirkwoodBoard MemberImmediate Past C
Ryan VanHornBoard MemberSecretaryTreasu
Revenue and Support

Revenue Composition

Contributions and Grants
$4,970,451
Program Service Revenue
$456,611
Investment Income
$36,310
Other Revenue
$972,820
All Other Contributions
$3,763,295
Change in Net Assets
$1,568,315

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1,238,626$2,155,209174lb
Total Noncash Contributions1,238,626$2,155,209-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,436,192
Revenue Not Reported on Form 990
$53,626
Total Revenue per Audited Statements
$6,489,818
Total Revenue per Form 990
$6,436,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,493,627
Salaries, Compensation, and Employee Benefits$1,289,695
Total Fundraising Expense$137,111
Grants and Similar Amounts Paid$84,555
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$749,401$99,782$56,153$905,336
Current Officers, Directors, Trustees, and Key Employees$192,269$25,600$14,407$232,276
Depreciation Depletion$132,322$15,753$9,452$157,527
Grants to Domestic Individuals$84,555--$84,555
Insurance$69,699$8,297$4,979$82,975
Payroll Taxes$71,112$7,219$4,246$82,577
All Other Expenses$49,971$25,810$4,561$80,342
Information Technology$62,146$5,747$4,821$72,714
Other Employee Benefits$59,856$6,077$3,573$69,506
Other Expenses$56,997$5,339$3,204$65,540
Fees for Services Legal$23,000$9,138$3,615$35,753
Office Expenses$9,526$7,830$1,378$18,734
Advertising$352$6$16,481$16,839
Occupancy$7,852$1,068$552$9,472
Conferences and Meetings$474$485$1,345$2,304
Interest-$1,618-$1,618
Total Functional Expenses$4,505,127$225,639$137,111$4,867,877

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,902,651
Expenses per Audited Statements$4,867,877
Total Expenses per Form 990$4,867,877
Expenses Not Reported on Form 990$34,774
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,018,784
Fundraising Direct Expenses$59,190
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soup Kitchen$985,434$985,434$59,140$926,294
Cosmo$33,350$33,350$50$33,300
Total Events$1,018,784$1,018,784$59,190$959,594
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tracey GallowayCEOContributionsNo-
see Part VBoard Members-No-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

Document is presented as an approval item at a monthly board meeting. The return is reviewed with full Board and approved prior to filing.

Conflict of interest policy compliance Part VI line 12C

Each Board Member completes a conflict of interest form annually that is reviewed by the CEO and the Board Chairman. Any questions or concerns are addressed by the Board.

CEO executive director top management comp Part VI line 15A

The full Board creates a compensation level that considers research and comparables and approves based on the Organizations budget availability.

Other officer or key employee compensation Part VI line 15B

Board officers are not compensated. CEO compensation is approved by Board.Employee salaries are determined by CEO based on job duties, comparable agency salaries and budgeted funds availability.

Governing documents etc available to public Part VI line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Community Cooperative Inc
EIN
59-2602772
Address
PO Box 2143, Fort Myers, FL 33902

Signing Officer

Name
Stefanie Ink-Edwards
Title
CEO
Phone
2393327687
Signed
2021-06-16
Discuss with paid preparer
No

Organization Details

Formed
1985
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
29
Volunteers
2,279

Preparer

Firm
Tuscan & Company PA
Address
12621 World Plaza Lane Bldg 55, Fort Myers, FL 33907
Preparer
Jeffrey M Tuscan CPA
Phone
2393332090
Supplemental Narrative

Additional Explanations

Significant program services not listed on prior year return Part III line 2

Effective March 1, 2020, the Organization merged with and assumed the operations of Meals on Wheels of Bonita Springs (MOW). Articles of merger were filed with the State of Florida on March 1, 2020.

General explanation attachment

Tracey Galloway retired effective June 14, 2021. Stefanie Ink-Edwards was appointed the position of CEO and will sign the tax return, Form 990.

Financial Statement Notes

Endowment funds intended uses (Part V, line 4)

The Community Cooperative endowment efforts consists of two funds; one held by a local foundation and one being developed internally. In accordance with the terms of the agreement with the local foundation, these funds are the property of the foundation and not Community Cooperative and are not available for distribution to Community Cooperative. The assets of the agreement are held for the benefit of Community Cooperative and a portion of the income from the fund is available to be distributed to Community Cooperative annually subject to the approval of the foundations Board of Directors. Annual income from the agreement has, historically, been reinvested by the respective Foundation at the direction of Community Cooperative. Once the annual income is reinvested, it historically was not availble for future distribution to Community Cooperative. The agreement also incurs investment management costs. The endowment fund agreement permits additional endowment gifts to be contributed. In 2018, Community Cooperative entered into an agreement with a donor to create an endowment fund for the benefit of Community Cooperative. The Organization established a spending policy which provides a prudent portion of the annual earnings an/or accumulated appreciation of each fund to be expended each year. Once an endowment has grown to at least 120% of its initial gift value, then management, according to the Spending Policy, shall deem it prudent to allow spending from the endowment.

Footnote for uncertain tax position under FIN 48 (Part X)

The Financial Accounting Standards Board has issued guidance on accounting for uncertainty in income taxes and the Organization has adopted this guidance. The Organization has evaluated its tax provision and any estimates utilized in its tax returns, and concluded that it has taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expenses, if required.

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IRS990/Form990PartVIISectionAGrp/TitleTxt2Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board MemberDirector
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board MemberImmediate Past C
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board MemberSecretaryTreasu
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board MemberChair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board MemberVice Chair
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IRS990/MissionDesc0The Organization is dedicated to ending hunger and homelessness in Lee County while inspiring and supporting sustained positive change. This is accomplished by providing nutritious meals, groceries, life coaching and social services to the impoverished.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Social & Education Resource Centers partner with a myriad of agencies tasked with assisting individuals with positive, sustainable change through direct services, referral, and follow-up all under one roof. On-site and referral resources for job training, housing, mental health, substance abuse, child-care, education, financial well-being, health and wellness, and life coaching are available. Assistance with Medicaid and SNAP applications is provided, as well as providing basic needs such as clothing, hygiene products and mail services for our homeless clients. In addition to serving the basic needs of families in crisis, Community Cooperative provides classroom opportunities for adults to learn employment and financial skills, self-development and goal setting and to engage in a variety of other classes on health and wellness topics.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0550801
IRS990/ProgSrvcAccomActy3Grp/Desc0The Meals on Wheels Home Delivered Meal Program delivers meals to Lee County residents who are elderly, ill or disabled and are unable to shop or prepare their own food. This service provides daily nutrition and contact for homebound residents regardless of their ability to pay.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0This department continually recruits and organizes volunteers for all CCI programs. CCI relies on approximately 2,400 volunteers annually to deliver services to all of the programs. Volunteers provide food delivery to homebound elderly customers, guiding customers in collecting take home food for families, preparing, serving, hosting and cleaning up the kitchen in the cafs. Other volunteer duties include assessing customers for services and needs including preparing applications, in addition to typing, mailing and answering phones.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.21$0.14$6.08$5.35$5.40$0.05
2023Detailed filing. Detailed filing data is available for this year.$6.18$0.14$6.04$5.47$5.44$0.03
2022Detailed filing. Detailed filing data is available for this year.$6.04$0.11$5.93$5.99$4.60$1.39
2021Detailed filing. Detailed filing data is available for this year.$4.69$0.07$4.63$4.78$3.85$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.85$0.17$3.68$6.44$4.87$1.57
2019Detailed filing. Detailed filing data is available for this year.$2.29$0.20$2.09$3.83$3.36$0.47
2018Detailed filing. Detailed filing data is available for this year.$1.78$0.16$1.62$3.42$3.14$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.45$0.06$1.39$3.43$3.20$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.15$1.16$2.64$2.41$0.23
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.28$0.93$2.65$2.76$0.11
2014Summary only. Only limited summary data is available for this year.$1.53$0.45$1.08$2.79$2.81$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.18$0.20$0.98$2.71$2.98$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.42$0.17$1.25$3.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.05$1.80$2.81