Civic Intelligence

Bay Equity Investments Inc

EIN 59-3119117 • 501(c)3 • Panama City, FL

Profile

To facilitate individual housing ownership and to insure the continued operation of low income housing programs.

320 E 7th Street Unit BPanama City, FL 32401

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

99th percentile

113%

Higher net margin than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

17th percentile

-63%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$85,624

Down $144,992 (-63%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$85,624

Down $144,992 (-63%) from 2018

Operations
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$128,495

Down $128,495 from 2018

Expenses

Up

$16,497

Up $8,273 (+101%) from 2018

Net Income

Down

-$144,992

Down $136,768 (-1663%) from 2018

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2010: $132,485Liabilities 2010: $02010Assets 2011: $258,562Liabilities 2011: $128,432Net Assets 2011: $130,1302011Assets 2012: $254,187Liabilities 2012: $130,538Net Assets 2012: $123,6492012Assets 2013: $251,993Liabilities 2013: $128,678Net Assets 2013: $123,3152013Assets 2014: $215,569Liabilities 2014: $109,011Net Assets 2014: $106,5582014Assets 2015: $219,990Liabilities 2015: $109,010Net Assets 2015: $110,9802015Assets 2016: $246,710Liabilities 2016: $0Net Assets 2016: $246,7102016Assets 2017: $238,840Liabilities 2017: $0Net Assets 2017: $238,8402017Assets 2018: $230,616Liabilities 2018: $0Net Assets 2018: $230,6162018Assets 2019: $85,624Liabilities 2019: $0Net Assets 2019: $85,6242019

Highlighted filing

2019

Assets$85,624
Liabilities$0
Net Assets$85,624
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2010: $681Expenses 2010: $13,853Net Income 2010: -$13,1722010Revenue 2011: $12,017Expenses 2011: $14,372Net Income 2011: -$2,3552011Revenue 2012: $4,507Expenses 2012: $10,988Net Income 2012: -$6,4812012Revenue 2013: $7,592Expenses 2013: $7,926Net Income 2013: -$3342013Revenue 2014: $10,002Expenses 2014: $26,759Net Income 2014: -$16,7572014Revenue 2015: $12,200Expenses 2015: $7,778Net Income 2015: $4,4222015Revenue 2016: $150,404Expenses 2016: $14,674Net Income 2016: $135,7302016Revenue 2017: $0Expenses 2017: $8,008Net Income 2017: -$8,0082017Revenue 2018: $0Expenses 2018: $8,224Net Income 2018: -$8,2242018Revenue 2019: -$128,495Expenses 2019: $16,497Net Income 2019: -$144,9922019

Highlighted filing

2019

Revenue-$128,495
Expenses$16,497
Net Income-$144,992
Open 2019 Filing

Filings

Most recent year

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

Open filing
Assets
$85,624
Liabilities
$0
Net assets
$85,624
Revenue
-$128,495
Expenses
$16,497
Net income
-$144,992
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$1.28$0.16$1.45
2018Detailed filing. Detailed filing data is available for this year.$2.31$0.00$2.31$0.00$0.08$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.00$0.08$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$1.50$0.15$1.36
2015Detailed filing. Detailed filing data is available for this year.$2.20$1.09$1.11$0.12$0.08$0.04
2014Detailed filing. Detailed filing data is available for this year.$2.16$1.09$1.07$0.10$0.27$0.17
2013Detailed filing. Detailed filing data is available for this year.$2.52$1.29$1.23$0.08$0.08$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.54$1.31$1.24$0.05$0.11$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$1.28$1.30$0.12$0.14$0.02
2010Summary only. Only limited summary data is available for this year.$1.32$0.00$0.01$0.14$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 30, 2020
Return Version
2019v5.1
Gross Receipts
$45,500
Mission and Program Overview

Mission

To facilitate individual housing ownership and to insure the continued operation of low income housing programs.

Program Services

DescriptionGrantsExpenses
TO FACILITATE INDIVIDUAL HOUSING OWNERSHIP AND TO INSURE THE CONTINUED OPERATION OF LOW INCOME HOUSING PROGRAMS.$0$16,497
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RONNIE H ADAMSPresidentPT$0--
DAVINA GORDONDirector-$0--
MYRON HINESDirector-$0--
JOB GAMMONSDirector-$0--
THOMAS BOWERSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Bay Equity Investments Inc
EIN
59-3119117
Phone
8508723229
Address
320 E 7TH STREET UNIT B, PANAMA CITY, FL 32401

Signing Officer

Name
Ronnie Adams
Title
President
Phone
8508723229
Signed
2020-09-30
Discuss with paid preparer
Yes

Preparer

Firm
Carr Riggs & Ingram LLC
Address
2583 HUNTCLIFF LANE, PANAMA CITY, FL 32405
Preparer
Kelly Littleton
Phone
8507856153
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

“Description: depreciation. Amount: 2,203.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: fees. Amount: 63. Description: property taxes. Amount: 651. Total to form 990-ez, line 16: 714.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: cip - bessie laird project. Beg. Of year amount: 84,853. End of year amount: 0. Description: tallahassee project. Beg. Of year amount: 5,200. End of year amount: 0. Description: legal fees (retainer). Beg. Of year amount: 17,500. End of year amount: 0.”

Raw XML Appendix153 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0RONNIE ADAMS
IRS990EZ/BooksInCareOfDetail/PhoneNum08508965371
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0601 DAVID AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd032401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt050918
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt085624
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt0173995
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-144992
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt013580
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0230616
IRS990EZ/Form990TotalAssetsGrp/EOYAmt085624
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-128495
IRS990EZ/GrossReceiptsAmt045500
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt072145
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0230616
IRS990EZ/NetAssetsOrFundBalancesEOYAmt085624
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0230616
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt085624
IRS990EZ/OccupancyRentUtltsAndMaintAmt02203
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RONNIE H ADAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVINA GORDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MYRON HINES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JOB GAMMONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4THOMAS BOWERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0107553
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0714
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO FACILITATE INDIVIDUAL HOUSING OWNERSHIP AND TO INSURE THE CONTINUED OPERATION OF LOW INCOME HOUSING PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO FACILITATE INDIVIDUAL HOUSING OWNERSHIP AND TO INSURE THE CONTINUED OPERATION OF LOW INCOME HOUSING PROGRAMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt016497
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt045500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt016497
IRS990EZ/TotalProgramServiceExpensesAmt016497
IRS990EZ/TotalRevenueAmt0-128495
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt015500
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012200
IRS990ScheduleA/OtherIncome170Grp/TotalAmt027700
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt00
IRS990ScheduleA/TotalSupportAmt027700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 2,203.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: FEES. AMOUNT: 63. DESCRIPTION: PROPERTY TAXES. AMOUNT: 651. TOTAL TO FORM 990-EZ, LINE 16: 714.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CIP - BESSIE LAIRD PROJECT. BEG. OF YEAR AMOUNT: 84,853. END OF YEAR AMOUNT: 0. DESCRIPTION: TALLAHASSEE PROJECT. BEG. OF YEAR AMOUNT: 5,200. END OF YEAR AMOUNT: 0. DESCRIPTION: LEGAL FEES (RETAINER). BEG. OF YEAR AMOUNT: 17,500. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RONNIE ADAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08508723229
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAY EQUITY INVESTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0BAYE
ReturnHeader/Filer/EIN0593119117
ReturnHeader/Filer/PhoneNum08508723229
ReturnHeader/Filer/USAddress/AddressLine1Txt0320 E 7TH STREET UNIT B
ReturnHeader/Filer/USAddress/CityNm0PANAMA CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032401
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DE80D856F0C2EAFDD907411ED22E0D2C547B1370
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.206.69.163
ReturnHeader/FilingSecurityInformation/IPDt02020-09-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:22:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0721396621
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARR RIGGS & INGRAM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02583 HUNTCLIFF LANE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PANAMA CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032405
ReturnHeader/PreparerPersonGrp/PhoneNum08507856153
ReturnHeader/PreparerPersonGrp/PreparationDt02020-09-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLY LITTLETON
ReturnHeader/ReturnTs02020-10-07T10:10:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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