Civic Intelligence

Fleet Landing Endowment Fund Inc.

990 • Fiscal year 2015 • EIN 59-3248806

Jan 01, 2015 to Dec 31, 2015 • Filed on May 10, 2016

4318 Fleet Landing BlvdAtlantic Beach, FL 32233

(904) 246-9900

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

13th percentile

0.00x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

63rd percentile

4.6%

Faster asset growth than 63% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

14th percentile

-22%

Faster revenue growth than 14% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,413,419

Up $62,475 (+4.6%) from 2014

Net Assets

Up

$1,413,419

Up $62,475 (+4.6%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$166,208

Down $47,101 (-22%) from 2014

Expenses

Up

$85,651

Up $14,660 (+21%) from 2014

Net Income

Down

$80,557

Down $61,761 (-43%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,069,681Liabilities 2010: $227,065Net Assets 2010: $842,6162010Assets 2011: $1,081,486Liabilities 2011: $202,692Net Assets 2011: $878,7942011Assets 2012: $1,154,727Liabilities 2012: $194,288Net Assets 2012: $960,4392012Assets 2013: $1,208,626Liabilities 2013: $0Net Assets 2013: $1,208,6262013Assets 2014: $1,350,944Liabilities 2014: $0Net Assets 2014: $1,350,9442014Assets 2015: $1,413,419Liabilities 2015: $0Net Assets 2015: $1,413,4192015Assets 2016: $1,440,176Liabilities 2016: $0Net Assets 2016: $1,440,1762016Assets 2017: $1,549,044Liabilities 2017: $0Net Assets 2017: $1,549,0442017Assets 2018: $1,578,407Liabilities 2018: $0Net Assets 2018: $1,578,4072018Assets 2019: $1,960,969Liabilities 2019: $290Net Assets 2019: $1,960,6792019Assets 2020: $2,225,552Liabilities 2020: $0Net Assets 2020: $2,225,5522020Assets 2021: $2,621,988Liabilities 2021: $0Net Assets 2021: $2,621,9882021Assets 2022: $2,621,673Liabilities 2022: $1,000Net Assets 2022: $2,620,6732022Assets 2023: $3,094,502Liabilities 2023: $10Net Assets 2023: $3,094,4922023Assets 2024: $3,611,943Liabilities 2024: $1,350Net Assets 2024: $3,610,5932024

Highlighted filing

2015

Assets$1,413,419
Liabilities$0
Net Assets$1,413,419

Operations Trend

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

$400K$300K$200K$100K$0Expenses 2010: $35,4922010Expenses 2011: $41,7472011Expenses 2012: $49,3292012Revenue 2013: $135,922Expenses 2013: $32,252Net Income 2013: $103,6702013Revenue 2014: $213,309Expenses 2014: $70,991Net Income 2014: $142,3182014Revenue 2015: $166,208Expenses 2015: $85,651Net Income 2015: $80,5572015Revenue 2016: $136,800Expenses 2016: $91,639Net Income 2016: $45,1612016Revenue 2017: $102,822Expenses 2017: $73,221Net Income 2017: $29,6012017Revenue 2018: $331,713Expenses 2018: $88,863Net Income 2018: $242,8502018Revenue 2019: $286,245Expenses 2019: $83,027Net Income 2019: $203,2182019Revenue 2020: $157,711Expenses 2020: $94,619Net Income 2020: $63,0922020Revenue 2021: $249,954Expenses 2021: $57,208Net Income 2021: $192,7462021Revenue 2022: $344,868Expenses 2022: $80,754Net Income 2022: $264,1142022Revenue 2023: $300,498Expenses 2023: $49,116Net Income 2023: $251,3822023Revenue 2024: $305,094Expenses 2024: $75,233Net Income 2024: $229,8612024

Highlighted filing

2015

Revenue$166,208
Expenses$85,651
Net Income$80,557
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 10, 2016
Return Version
2015v2.1
Gross Receipts
$166,208
Mission and Program Overview

Mission

Fleet landing endowment fund, inc. Is organized to provide financial assistance to residents of naval continuing care retirement foundation, inc. D/b/a fleet landing and to assist in the expansion of its resident service programs to secure quality of life for seniors.

Fleet landing endowment fund, inc. ("endowment fund") is a not-for-profit organization organized to provide financial assistance to residents of the naval continuing care retirement foundation, inc. D/b/a fleet landing("fleet landing").the endowment fund is also organized to assist the expansion of fleet landing's resident services programs. The expansion of such programs enables fleet landing to achieve a major part of its exempt mission, which is the provision of securing quality of life, with dignity, for seniors. In addition, it provides the fleet landing funding for staff education scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,086,845$1,166,230▲ $79,385
Investments Other Securities$148,209$130,130▼ $18,079
Cash and Non-Interest-Bearing Accounts$115,888$117,059▲ $1,171
Savings and Temporary Cash Investments$2--
Total Assets$1,350,944$1,413,419▲ $62,475
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,350,944$1,413,419▲ $62,475
Total Net Assets Fund Balance$1,350,944$1,413,419▲ $62,475
Total Liabilities and Net Assets / Fund Balance$1,350,944$1,413,419▲ $62,475

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$130,130--
Compensation and Service Providers

Board Members and Trustees

NameTitle
M D MiefertPresident
B GardnerDirector
B HoskingDirector
J AshbyDirector
J WelchDirector
N MalieDirector
R FreemanDirector
T HiltonDirector
Judy ThompsonSecretary
Beryl HubbardTreasurer
Lindsay NormanVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$129,761
Program Service Revenue
$0
Investment Income
$36,447
Other Revenue
$0
All Other Contributions
$112,497
Change in Net Assets
$80,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$85,651
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
Other Expenses$66,204--$66,204
Fees for Service Investment Mgmnt Fees-$15,906-$15,906
Fees for Services Accounting-$1,915-$1,915
Fees for Services Other-$1,626-$1,626
Total Functional Expenses$66,204$19,447$0$85,651
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$17,264---
Total Events$17,264---
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
Yes
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

The treasurer reviews and authorizes the filing of the return.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Fleet Landing Endowment Fund Inc
EIN
59-3248806
Phone
9042469900
Address
4318 FLEET LANDING BLVD, ATLANTIC BEACH, FL 32233

Signing Officer

Name
Beryl Hubbard
Title
Treasurer
Phone
9042469900
Signed
2016-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M D Miefert
Voting Board Members
16
Independent Board Members
0
Employees
0
Volunteers
16

Preparer

Firm
Roy Miller and Associates Cpas
Address
8834 GOODBYS EXECUTIVE DR, JACKSONVILLE, FL 32217
Preparer
Roy Miller
Phone
9047314846
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Fleet landing endowment fund, inc. ("endowment fund") is a not-for-profit organization organized to provide financial assistance to residents of the naval continuing care retirement foundation, inc. D/b/a fleet landing("fleet landing").the endowment fund is also organized to assist the expansion of fleet landing's resident services programs. The expansion of such programs enables fleet landing to achieve a major part of its exempt mission, which is the provision of securing quality of life, with dignity, for seniors. In addition, it provides the fleet landing funding for staff education scholarships.

Form 990, Page 1, Part I, Line 6

Every member of the board is a volunteer. There are no paid employees.

Form 990, Page 2, Part III, Line 4D

Continued availability of staff and resident-service programs to provide financial assistance to residents of fleet landing.

Form 990, Part XI, Line 9

Change in expected pv annuities -18,082 total -18,082

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IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0130130
IRS990ScheduleD/OtherSecuritiesGrp/Desc0LINCOLN LIFE AND MM ANNUITIES(NET)
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueSecuritiesAmt0130130
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017264
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017264
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt017264
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt017264
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FLEET LANDING ENDOWMENT FUND, INC. ("ENDOWMENT FUND") IS A NOT-FOR-PROFIT ORGANIZATION ORGANIZED TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS OF THE NAVAL CONTINUING CARE RETIREMENT FOUNDATION, INC. D/B/A FLEET LANDING("FLEET LANDING").THE ENDOWMENT FUND IS ALSO ORGANIZED TO ASSIST THE EXPANSION OF FLEET LANDING'S RESIDENT SERVICES PROGRAMS. THE EXPANSION OF SUCH PROGRAMS ENABLES FLEET LANDING TO ACHIEVE A MAJOR PART OF ITS EXEMPT MISSION, WHICH IS THE PROVISION OF SECURING QUALITY OF LIFE, WITH DIGNITY, FOR SENIORS. IN ADDITION, IT PROVIDES THE FLEET LANDING FUNDING FOR STAFF EDUCATION SCHOLARSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EVERY MEMBER OF THE BOARD IS A VOLUNTEER. THERE ARE NO PAID EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTINUED AVAILABILITY OF STAFF AND RESIDENT-SERVICE PROGRAMS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS OF FLEET LANDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TREASURER REVIEWS AND AUTHORIZES THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN EXPECTED PV ANNUITIES -18,082 TOTAL -18,082
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01350944
IRS990/TotalAssetsEOYAmt01413419
IRS990/TotalAssetsGrp/BOYAmt01350944
IRS990/TotalAssetsGrp/EOYAmt01413419
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0129761
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt019447
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt066204
IRS990/TotalFunctionalExpensesGrp/TotalAmt085651
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01350944
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01413419
IRS990/TotalProgramServiceExpensesAmt066204
IRS990/TotalRevenueGrp/ExclusionAmt036447
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0166208
IRS990/TotalVolunteersCnt016
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01350944
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01413419
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01350944
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01413419
IRS990/USAddress/AddressLine1Txt04318 FLEET LANDING BLVD
IRS990/USAddress/CityNm0ATLANTIC BCH
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd032233
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BERYL HUBBARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09042469900
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLEET LANDING ENDOWMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0FLEE
ReturnHeader/Filer/EIN0593248806
ReturnHeader/Filer/PhoneNum09042469900
ReturnHeader/Filer/USAddress/AddressLine1Txt04318 FLEET LANDING BLVD
ReturnHeader/Filer/USAddress/CityNm0ATLANTIC BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032233
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593077486
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROY MILLER AND ASSOCIATES CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08834 GOODBYS EXECUTIVE DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSONVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032217
ReturnHeader/PreparerPersonGrp/PhoneNum09047314846
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROY MILLER
ReturnHeader/ReturnTs02016-05-17T09:59:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.00$3.61$0.31$0.08$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.30$0.05$0.25
2022Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.34$0.08$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.25$0.06$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.16$0.09$0.06
2019Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.29$0.08$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.33$0.09$0.24
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.10$0.07$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.14$0.09$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.41$0.00$1.41$0.17$0.09$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.21$0.07$0.14
2013Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.14$0.03$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.19$0.96$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.20$0.88$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.23$0.84$0.04