Civic Intelligence

Miami Bayside Foundation Inc.

990 • Fiscal year 2019 • EIN 59-2834504

Jan 01, 2019 to Dec 31, 2019 • Filed on Aug 05, 2020

Organization ProfileWWW.MIAMIBAYSIDEFOUNDATION.ORG
25 SE 2nd Street Suite 240Miami, FL 33131

(305) 379-7070

Siviq Scores

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

Liabilities / Assets

68th percentile

0.36x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

1.39x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$134,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

95th percentile

70%

Faster asset growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

30%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$5,504,160

Up $2,257,003 (+70%) from 2018

Net Assets

Up

$3,549,195

Up $763,562 (+27%) from 2018

Liabilities

Up

$1,954,965

Up $1,493,441 (+324%) from 2018

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin87th percentile

Revenue

Up

$1,410,608

Up $322,046 (+30%) from 2018

Expenses

Up

$882,502

Up $95,122 (+12%) from 2018

Net Income

Up

$528,106

Up $226,924 (+75%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$15M$10M$5.0M$0Assets 2011: $1,295,981Liabilities 2011: $0Net Assets 2011: $1,295,9812011Assets 2012: $1,342,304Liabilities 2012: $1,616Net Assets 2012: $1,340,6842012Assets 2013: $1,729,002Liabilities 2013: $3,047Net Assets 2013: $1,725,9552013Assets 2014: $1,844,210Liabilities 2014: $3,355Net Assets 2014: $1,840,8552014Assets 2015: $2,176,307Liabilities 2015: $3,919Net Assets 2015: $2,172,3882015Assets 2016: $2,447,458Liabilities 2016: $14,134Net Assets 2016: $2,433,3242016Assets 2017: $2,868,871Liabilities 2017: $285,562Net Assets 2017: $2,583,3092017Assets 2018: $3,247,157Liabilities 2018: $461,524Net Assets 2018: $2,785,6332018Assets 2019: $5,504,160Liabilities 2019: $1,954,965Net Assets 2019: $3,549,1952019Assets 2020: $6,947,156Liabilities 2020: $2,809,997Net Assets 2020: $4,137,1592020Assets 2021: $8,851,212Liabilities 2021: $3,929,458Net Assets 2021: $4,921,7542021Assets 2022: $9,912,605Liabilities 2022: $4,043,295Net Assets 2022: $5,869,3102022Assets 2023: $11,460,074Liabilities 2023: $4,776,846Net Assets 2023: $6,683,2282023Assets 2024: $11,576,801Liabilities 2024: $4,193,702Net Assets 2024: $7,383,0992024

Highlighted filing

2019

Assets$5,504,160
Liabilities$1,954,965
Net Assets$3,549,195
Open 2019 Filing

Operations Trend

Revenue Growth83rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $7,387Expenses 2011: $40,332Net Income 2011: -$32,9452011Revenue 2012: $391,442Expenses 2012: $393,293Net Income 2012: -$1,8512012Revenue 2013: $666,509Expenses 2013: $385,883Net Income 2013: $280,6262013Revenue 2014: $459,728Expenses 2014: $358,870Net Income 2014: $100,8582014Revenue 2015: $804,603Expenses 2015: $411,177Net Income 2015: $393,4262015Revenue 2016: $716,755Expenses 2016: $526,535Net Income 2016: $190,2202016Revenue 2017: $750,429Expenses 2017: $748,307Net Income 2017: $2,1222017Revenue 2018: $1,088,562Expenses 2018: $787,380Net Income 2018: $301,1822018Revenue 2019: $1,410,608Expenses 2019: $882,502Net Income 2019: $528,1062019Revenue 2020: $1,860,542Expenses 2020: $1,285,259Net Income 2020: $575,2832020Revenue 2021: $1,969,399Expenses 2021: $1,219,558Net Income 2021: $749,8412021Revenue 2022: $2,648,181Expenses 2022: $1,424,603Net Income 2022: $1,223,5782022Revenue 2023: $2,311,864Expenses 2023: $1,618,613Net Income 2023: $693,2512023Revenue 2024: $2,360,401Expenses 2024: $1,872,495Net Income 2024: $487,9062024

Highlighted filing

2019

Revenue$1,410,608
Expenses$882,502
Net Income$528,106
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Aug 5, 2020
Return Version
2019v5.1
Gross Receipts
$2,148,558
Mission and Program Overview

Mission

To advance the economic development of the city of miami through the support of minority businesses and education. These goals are achieved through the creation and administration of a loan program and scholarship fund for minorities and by providing technical assistance programs for minority businesses.

To advance the economic development of the city of miami through thesupport of minority businesses and education. These goals are achievedthrough the creation and administration of a loan program and scholarshipfund for minorities and by providing technical assistance programs forminority businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,384,842$2,929,484▲ $1,544,642
Investments in Publicly Traded Securities$1,684,875$2,020,738▲ $335,863
Cash and Non-Interest-Bearing Accounts$173,925$526,483▲ $352,558
Prepaid Expenses and Deferred Charges-$23,340-
Land, Buildings, and Equipment, Net$1,233$616▼ $617
Total Assets$3,247,157$5,504,160▲ $2,257,003
Other Assets Total$2,282$3,499▲ $1,217
Liabilities
Mortgage Notes Payable Secured by Investment Property$446,456$1,949,667▲ $1,503,211
Accounts Payable and Accrued Expenses$15,068$5,298▼ $9,770
Total Liabilities$461,524$1,954,965▲ $1,493,441
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,689,803$3,079,777▲ $389,974
Net Assets With Donor Restrictions$95,830$469,418▲ $373,588
Total Net Assets Fund Balance$2,785,633$3,549,195▲ $763,562
Total Liabilities and Net Assets / Fund Balance$3,247,157$5,504,160▲ $2,257,003

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$616$1,233$1,849
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Kathleen MurphyExecutive DirectorFT$134,000$134,000

Board Members and Trustees

NameTitle
Nathan KurlandChairman
Pamela WellerVice-chair
Adam DunsheeTrustee
Andrew GordonTrustee
Basil Binns IiTrustee
Benito CarmonaTrustee
Jeffrey CazeauTrustee
Josie CorreaTrustee
Louis McmillianTrustee
Michelle Barton-kingTrustee
Rolando AedoTrustee
Nicole EwanSecretary
Sonia Canessa-gonzalezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,173,455
Program Service Revenue
$189,356
Investment Income
$56,459
Other Revenue
$-8,662
All Other Contributions
$378,851
Change in Net Assets
$528,106

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,388,600
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$276,779
Total Revenue per Audited Statements
$1,665,379
Total Revenue per Form 990
$1,388,600
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$309,403
Grants and Similar Amounts Paid$294,914
Other Expenses$278,185
Total Fundraising Expense$27,680
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$177,500--$177,500
Other Salaries and Wages$151,345-$913$152,258
Current Officers, Directors, Trustees, and Key Employees$91,974$28,626$13,400$134,000
Grants to Domestic Individuals$117,414--$117,414
All Other Expenses$23,252$12,024$2,170$37,446
Advertising$21,819-$9,351$31,170
Payroll Taxes$19,673$2,315$1,157$23,145
Fees for Services Legal-$21,957-$21,957
Other Expenses$20,817--$20,817
Fees for Services Accounting-$9,919-$9,919
Travel$2,383$2,756$689$5,828
Fees for Service Investment Mgmnt Fees-$5,666-$5,666
Total Functional Expenses$771,559$83,263$27,680$882,502

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$901,817
Expenses per Audited Statements$882,502
Total Expenses per Form 990$882,502
Expenses Not Reported on Form 990$19,315
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Florida International UniversityMiami, FL501c3Golden Scholars$60,000
St Albans Child Nursing IncMiami, FL501c3Summer School Program$35,000
The Education Fund IncMiami Lakes, FL501c3Smart Path to College$20,000
Little Haiti Optimist FoundationMiami, FL501c3Summer School$15,000
Ywca of Greater Miami-dade IncMiami, FL501c3Summer School Program$15,000
Breakthrough MiamiMiami, FL501c3General Programmatic$10,000
George T Baker Technical CollegeMiami, FL501c3Scholarships$7,500
Lindsey Hopkins Technical CollegeMiami, FL-Scholarships$7,500
NfteNew York, NY-General Programmatic$5,000
Thelma Gibson Health Initiative Inc--General Programmatic$2,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,315
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Wam18$33,604-$19,315-
Total Events$33,604-$19,315$-19,315
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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, Part VI, Section B, Line 11B

“The organization does not provide a complete copy of the tax return to all members of the governing body prior to filing.”

Form 990, Part VI, Section C, Line 19

“Our governing documents are available on our website.”

Filing and Contact Details

Filer

Filer Name
Miami Bayside Foundation Inc
EIN
59-2834504
Phone
3053797070
Address
25 SE 2ND STREET SUITE 240, MIAMI, FL 33131

Signing Officer

Name
Kathleen Murphy
Title
Executive Director
Phone
3053797070
Signed
2020-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Murphy
Formed
1986
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
17

Preparer

Firm
Verdeja De Armas & Trujillo Llp
Address
255 ALHAMBRA CIR STE 560, CORAL GABLES, FL 33134-7417
Preparer
Pedro De Armas
Phone
3054463177
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 12/31/19, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2016.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 19,315.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expenses 19,315.”

Raw XML AppendixShowing 400 of 594 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015068
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05298
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ADVANCE THE ECONOMIC DEVELOPMENT OF THE CITY OF MIAMI THROUGH THESUPPORT OF MINORITY BUSINESSES AND EDUCATION. THESE GOALS ARE ACHIEVEDTHROUGH THE CREATION AND ADMINISTRATION OF A LOAN PROGRAM AND SCHOLARSHIPFUND FOR MINORITIES AND BY PROVIDING TECHNICAL ASSISTANCE PROGRAMS FORMINORITY BUSINESSES.
IRS990/AdvertisingGrp/FundraisingAmt09351
IRS990/AdvertisingGrp/ProgramServicesAmt021819
IRS990/AdvertisingGrp/TotalAmt031170
IRS990/AllOtherContributionsAmt0378851
IRS990/AllOtherExpensesGrp/FundraisingAmt02170
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012024
IRS990/AllOtherExpensesGrp/ProgramServicesAmt023252
IRS990/AllOtherExpensesGrp/TotalAmt037446
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KATHLEEN MURPHY
IRS990/BooksInCareOfDetail/PhoneNum03053797070
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025 SE 2ND STREET SUITE 240
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033131
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0173925
IRS990/CashNonInterestBearingGrp/EOYAmt0526483
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013400
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt028626
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt091974
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0134000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt033604
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01173455
IRS990/CYGrantsAndSimilarPaidAmt0294914
IRS990/CYInvestmentIncomeAmt056459
IRS990/CYOtherExpensesAmt0278185
IRS990/CYOtherRevenueAmt0-8662
IRS990/CYProgramServiceRevenueAmt0189356
IRS990/CYRevenuesLessExpensesAmt0528106
IRS990/CYSalariesCompEmpBnftPaidAmt0309403
IRS990/CYTotalExpensesAmt0882502
IRS990/CYTotalFundraisingExpenseAmt027680
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01410608
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0LOAN PROGRAM FOR MINORITY BUSINESSES IN MIAMI-DADE COUNTY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt095830
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0469418
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0303672
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09919
IRS990/FeesForServicesAccountingGrp/TotalAmt09919
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt021957
IRS990/FeesForServicesLegalGrp/TotalAmt021957
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt05666
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05666
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1360.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0NATHAN KURLAND
IRS990/Form990PartVIISectionAGrp/PersonNm1PAMELA WELLER
IRS990/Form990PartVIISectionAGrp/PersonNm2SONIA CANESSA-GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm3NICOLE EWAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSIE CORREA
IRS990/Form990PartVIISectionAGrp/PersonNm5ROLANDO AEDO
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHELLE BARTON-KING
IRS990/Form990PartVIISectionAGrp/PersonNm7BENITO CARMONA
IRS990/Form990PartVIISectionAGrp/PersonNm8JEFFREY CAZEAU
IRS990/Form990PartVIISectionAGrp/PersonNm9ADAM DUNSHEE
IRS990/Form990PartVIISectionAGrp/PersonNm10LOUIS MCMILLIAN
IRS990/Form990PartVIISectionAGrp/PersonNm11BASIL BINNS II
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDREW GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm13KATHLEEN MURPHY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13134000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt033604
IRS990/FundraisingDirectExpensesAmt019315
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt011004
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0761000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0117414
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0117414
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0177500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0177500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0729639
IRS990/GrossReceiptsAmt02148558
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt045455
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt045455
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01684875
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02020738
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01233
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01233
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0616
IRS990/LandBldgEquipCostOrOtherBssAmt01849
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0718635
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ADVANCE THE ECONOMIC DEVELOPMENT OF THE CITY OF MIAMI THROUGH THE SUPPORT OF MINORITY BUSINESSES AND EDUCATION. THESE GOALS ARE ACHIEVED THROUGH THE CREATION AND ADMINISTRATION OF A LOAN PROGRAM AND SCHOLARSHIP FUND FOR MINORITIES AND BY PROVIDING TECHNICAL ASSISTANCE PROGRAMS FOR MINORITY BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0446456
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01949667
IRS990/NetAssetsOrFundBalancesBOYAmt02785633
IRS990/NetAssetsOrFundBalancesEOYAmt03549195
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt011004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt011004
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-19315
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-19315
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0257464
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02689803
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03079777
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02282
IRS990/OtherAssetsTotalGrp/EOYAmt03499
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2MICROLOAN
IRS990/OtherExpensesGrp/Desc3SMALL BUSINESS TRAINING
IRS990/OtherExpensesGrp/ProgramServicesAmt072833
IRS990/OtherExpensesGrp/ProgramServicesAmt150000
IRS990/OtherExpensesGrp/ProgramServicesAmt222549
IRS990/OtherExpensesGrp/ProgramServicesAmt320817
IRS990/OtherExpensesGrp/TotalAmt072833
IRS990/OtherExpensesGrp/TotalAmt150000
IRS990/OtherExpensesGrp/TotalAmt222549
IRS990/OtherExpensesGrp/TotalAmt320817
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt010653
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt010653
IRS990/OtherRevenueTotalAmt010653
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0913
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0151345
IRS990/OtherSalariesAndWagesGrp/TotalAmt0152258
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01384842
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02929484
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01157
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02315
IRS990/PayrollTaxesGrp/ProgramServicesAmt019673
IRS990/PayrollTaxesGrp/TotalAmt023145
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023340
IRS990/PrincipalOfficerNm0KATHLEEN MURPHY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc1BUSINESS TRAINING PROG
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0174196
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt115160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0174196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt115160
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS FOR MINORITY STUDENTS IN THE CITY OF MIAMI AND GRANTS TO EDUCATIONAL PROGRAMS FOR MINORITY CHILDREN IN THE CITY OF MIAMI.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0362887
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0294914
IRS990/ProgSrvcAccomActy3Grp/Desc0TECHNICAL ASSISTANCE PROGRAMS FOR MINORITY BUSINESSES IN MIAMI DADE COUNTY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0105000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt015000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ADMINISTRATION OF ALL PROGRAM SERVICES AND ACCOMPLISHMENTS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0964229
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0359212
IRS990/PYInvestmentIncomeAmt087157
IRS990/PYOtherExpensesAmt0202003
IRS990/PYOtherRevenueAmt0-39948
IRS990/PYProgramServiceRevenueAmt077124
IRS990/PYRevenuesLessExpensesAmt0301182
IRS990/PYSalariesCompEmpBnftPaidAmt0226165
IRS990/PYTotalExpensesAmt0787380
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01088562
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0528106
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0174356
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01173455
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0964229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0651689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0588672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0676185
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04054230
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt045455
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt041589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034878
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032506
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029690
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0184118
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.51170
IRS990ScheduleA/PublicSupportPY170Pct00.42380
IRS990ScheduleA/PublicSupportTotal170Amt02168672
IRS990ScheduleA/SubstantialContributorsTotAmt01885558
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01173455
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0964229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0651689
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0588672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0676185
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04054230
IRS990ScheduleA/TotalSupportAmt04238348
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt0616
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01233
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01849
IRS990ScheduleD/ExpensesNotReportedAmt019315
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0882502
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0257464
IRS990ScheduleD/OtherExpensesIncludedAmt019315
IRS990ScheduleD/OtherRevenueAmt019315
IRS990ScheduleD/RevenueNotReportedAmt0276779
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01388600
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 12/31/19, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 19,315.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSES 19,315.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0616
IRS990ScheduleD/TotalExpensesPerForm990Amt0882502
IRS990ScheduleD/TotalRevenuePerForm990Amt01388600
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01665379
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0901817
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt033604
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt033604
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019315
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WAM18
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033604
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt033604
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-19315
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019315
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019315
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MDCPS-INDIVIDUAL SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1WILLY GORT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt036002

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,504,160
Liabilities
$1,954,965
Net assets
$3,549,195
Revenue
$1,410,608
Expenses
$882,502
Net income
$528,106
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.6$4.19$7.38$2.36$1.87$0.49
2023Detailed filing. Detailed filing data is available for this year.$11.5$4.78$6.68$2.31$1.62$0.69
2022Detailed filing. Detailed filing data is available for this year.$9.91$4.04$5.87$2.65$1.42$1.22
2021Detailed filing. Detailed filing data is available for this year.$8.85$3.93$4.92$1.97$1.22$0.75
2020Detailed filing. Detailed filing data is available for this year.$6.95$2.81$4.14$1.86$1.29$0.58
2019Detailed filing. Detailed filing data is available for this year.$5.50$1.95$3.55$1.41$0.88$0.53
2018Detailed filing. Detailed filing data is available for this year.$3.25$0.46$2.79$1.09$0.79$0.30
2017Detailed filing. Detailed filing data is available for this year.$2.87$0.29$2.58$0.75$0.75$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.45$0.01$2.43$0.72$0.53$0.19
2015Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.17$0.80$0.41$0.39
2014Summary only. Only limited summary data is available for this year.$1.84$0.00$1.84$0.46$0.36$0.10
2013Summary only. Only limited summary data is available for this year.$1.73$0.00$1.73$0.67$0.39$0.28
2012Summary only. Only limited summary data is available for this year.$1.34$0.00$1.34$0.39$0.39$0.00
2011Summary only. Only limited summary data is available for this year.$1.30$0.00$1.30$0.01$0.04$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $5M-$10M nonprofits