Civic Intelligence

Celebration Foundation Inc.

990 • Fiscal year 2014 • EIN 59-3370753

Oct 01, 2013 to Sep 30, 2014 • Filed on Jun 30, 2015

610 Sycamore StreetCelebration, FL 34747

(407) 566-1234

Siviq Scores

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

Liabilities / Assets

35th percentile

0.03x

Higher debt load relative to assets than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

43rd percentile

0.08x

Higher debt load relative to revenue than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

58th percentile

$76,979

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

71st percentile

10%

Faster asset growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-24%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,187,864

Up $109,987 (+10%) from 2013

Net Assets

Up

$1,148,406

Up $114,720 (+11%) from 2013

Liabilities

Down

$39,458

Down $4,733 (-11%) from 2013

Revenue

$507,890

No earlier filing loaded for comparison.

Expenses

Down

$393,170

Down $80,154 (-17%) from 2013

Net Income

$114,720

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $804,719Liabilities 2011: $19,007Net Assets 2011: $785,7122011Assets 2012: $859,827Liabilities 2012: $16,832Net Assets 2012: $842,9952012Assets 2013: $1,077,877Liabilities 2013: $44,191Net Assets 2013: $1,033,6862013Assets 2014: $1,187,864Liabilities 2014: $39,458Net Assets 2014: $1,148,4062014Assets 2015: $1,208,735Liabilities 2015: $59,741Net Assets 2015: $1,148,9942015Assets 2016: $1,324,090Liabilities 2016: $53,179Net Assets 2016: $1,270,9112016Assets 2017: $1,517,416Liabilities 2017: $64,948Net Assets 2017: $1,452,4682017Assets 2018: $1,695,980Liabilities 2018: $108,797Net Assets 2018: $1,587,1832018Assets 2019: $1,817,013Liabilities 2019: $143,731Net Assets 2019: $1,673,2822019Assets 2020: $2,042,628Liabilities 2020: $102,526Net Assets 2020: $1,940,1022020Assets 2021: $2,477,517Liabilities 2021: $79,807Net Assets 2021: $2,397,7102021Assets 2022: $1,989,325Liabilities 2022: $57,938Net Assets 2022: $1,931,3872022Assets 2023: $2,274,352Liabilities 2023: $106,821Net Assets 2023: $2,167,5312023Assets 2024: $2,479,127Liabilities 2024: $83,556Net Assets 2024: $2,395,5712024Assets 2025: $2,661,093Liabilities 2025: $108,552Net Assets 2025: $2,552,5412025

Highlighted filing

2014

Assets$1,187,864
Liabilities$39,458
Net Assets$1,148,406

Operations Trend

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

$1.0M$500K$0Revenue 2011: $210,968Expenses 2011: $156,979Net Income 2011: $53,9892011Revenue 2012: $373,226Expenses 2012: $315,943Net Income 2012: $57,2832012Expenses 2013: $473,3242013Revenue 2014: $507,890Expenses 2014: $393,170Net Income 2014: $114,7202014Revenue 2015: $470,859Expenses 2015: $470,271Net Income 2015: $5882015Revenue 2016: $608,211Expenses 2016: $486,294Net Income 2016: $121,9172016Revenue 2017: $636,646Expenses 2017: $448,997Net Income 2017: $187,6492017Revenue 2018: $681,845Expenses 2018: $547,130Net Income 2018: $134,7152018Revenue 2019: $655,852Expenses 2019: $569,753Net Income 2019: $86,0992019Revenue 2020: $763,502Expenses 2020: $496,682Net Income 2020: $266,8202020Revenue 2021: $734,191Expenses 2021: $490,220Net Income 2021: $243,9712021Revenue 2022: $583,798Expenses 2022: $459,383Net Income 2022: $124,4152022Revenue 2023: $481,056Expenses 2023: $411,231Net Income 2023: $69,8252023Revenue 2024: $940,045Expenses 2024: $572,675Net Income 2024: $367,3702024Revenue 2025: $735,955Expenses 2025: $678,449Net Income 2025: $57,5062025

Highlighted filing

2014

Revenue$507,890
Expenses$393,170
Net Income$114,720
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jun 30, 2015
Return Version
2013v4.0
Gross Receipts
$601,472
Mission and Program Overview

Mission

The celebration foundation's mission is building better community through the arts, culture and education. We seek to build a strong and caring community by engaging citizens through impactful programs that address needs an enrich lives.

The Celebration Foundation is an independent nonprofit organization that stimulates the development of local programs and services that address a variety of community needs by offering civic, cultural, educational, leadership, and community service opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$887,600$985,797▲ $98,197
Cash and Non-Interest-Bearing Accounts$90,163$93,781▲ $3,618
Savings and Temporary Cash Investments$72,206$74,628▲ $2,422
Accounts Receivable$3,450$7,848▲ $4,398
Prepaid Expenses and Deferred Charges$4,141$5,039▲ $898
Land, Buildings, and Equipment, Net$1,714$1,076▼ $638
Total Assets$1,077,877$1,187,864▲ $109,987
Other Assets Total$18,603$19,695▲ $1,092
Liabilities
Deferred Revenue$39,120$29,765▼ $9,355
Accounts Payable and Accrued Expenses$5,071$9,693▲ $4,622
Total Liabilities$44,191$39,458▼ $4,733
Net Assets / Fund Balance
Unrestricted Net Assets$1,002,658$1,148,406▲ $145,748
Temporarily Rstr Net Assets$31,028--
Total Net Assets Fund Balance$1,033,686$1,148,406▲ $114,720
Total Liabilities and Net Assets / Fund Balance$1,077,877$1,187,864▲ $109,987

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,076$4,924$6,000
Other Assets Org$19,695--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$906,203-▲ $99,289-$1,005,492
2013$16,625$798,868▲ $90,710-$906,203
2012$14,378-▲ $2,247-$16,625
2011$14,560-▼ $54-$14,378
2010$13,129-▲ $1,548-$14,560
Compensation and Service Providers

Employees

NameTitleBaseTotal
Mike JacksonPresident$76,979$76,979

Board Members and Trustees

NameTitle
Eileen CrawfordVice President
David BerelsmanBoard Member
Debie McdonaldBoard Member
Dr Steve KnychBoard Member
Eric DomisBoard Member
Jay WheelerBoard Member
Kathleen CarlsonBoard Member
Mary OrrBoard Member
Phil CocksBoard Member
Risa WightBoard Member
Sandi KensilBoard Member
Scott CadwellBoard Member
Gloria NiecExecutive Director
Dr Stephen BrenanSecretary
Paul CollinsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265,733
Program Service Revenue
$150,502
Investment Income
$99,249
Other Revenue
$-7,594
All Other Contributions
$171,893
Change in Net Assets
$114,720

Audited Revenue Reconciliation

Revenue per Audited Statements
$507,890
Total Revenue per Audited Statements
$507,890
Total Revenue per Form 990
$507,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,013
Salaries, Compensation, and Employee Benefits$125,957
Grants and Similar Amounts Paid$35,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$64,892$16,223$0$81,115
Grants to Domestic Orgs$35,200--$35,200
Other Salaries and Wages$22,677$5,114$0$27,791
All Other Expenses$16,056$9,291$0$25,347
Fees for Services Other$368$11,008$0$11,376
Occupancy$7,381$1,799$0$9,180
Other Employee Benefits$7,237$1,763$0$9,000
Payroll Taxes$6,474$1,577$0$8,051
Advertising$7,732$0$0$7,732
Other Expenses$2,851$0$0$2,851
Insurance$0$1,967$0$1,967
Depreciation Depletion$0$638$0$638
Total Functional Expenses$343,790$49,380$0$393,170

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$393,170
Total Expenses per Audited Statements$393,170
Total Expenses per Form 990$393,170
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$93,582
Fundraising Gross Income$47,438
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$55,769$31,188$14,130$17,058
Event 2$52,952$16,250$7,388$8,862
Total Events$141,278$47,438$93,582$-46,144
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 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
Filing and Contact Details

Filer

EIN
59-3370753
Phone
4075661234

Signing Officer

Name
Gloria Niec
Title
Executive Director
Phone
4075661234
Signed
2015-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gloria Niec
Formed
1996
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
120

Preparer

Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The Organization provides the Form 990 to the Board for

Pt VI, Line 11B

review prior to issuance.

Pt VI, Line 12C

The Board is required to annually sign a conflict of

Pt VI, Line 12C

interest form.

Pt VI, Line 15A

In f/y 2012, the Organization hired an Executive Director

Pt VI, Line 15A

using a board driven search committee. Salary for the

Pt VI, Line 15A

Executive Director was approved by the Executive Board.

Pt VI, Line 15A

Salary for the employee was approved by Executive Director.

Pt VI, Line 15B

No other key employees or compensated officers.

Pt VI, Line 19

Documents are available through Community Foundation

Pt VI, Line 19

of Central Florida's DonorsEdge Profile and upon request.

Form 990EZ, Part II, Line 24

Prepaid expenses furniture and equipment accounts receivable

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses deferred revenue accrued payroll accrued benefits

Form 990, Part IX, Line 24F

Memorial garden 798. 798. 0. 0. Bank service charges 2564. 0. 2564. 0. Postage 941. 753. 188. 0. Supplies 3908. 1954. 1954. 0. Meals and meetings 1771. 0. 1771. 0. Telephone & internet 3046. 2437. 609. 0. Dues and subscriptions 1456. 728. 728. 0. Thriving in place program 1294. 1294. 0. 0. Miscellaneous 1354. 115. 1239. 0. Staff training 1215. 977. 238. 0. Scholarships 7000. 7000. 0. 0.

Financial Statement Notes

Pt V Line 4

Endowments for furtherance of the Organization's charitable purpose.

Pt IV Line 11F

The Organization is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code and from state income taxes under similar provisions of the Florida Income Tax Code. Accordingly, no provision for income taxes has been included in the accompanying financial statements. The Organization is subject to the accounting standards on accounting for uncertainty in income taxes. Management does not believe it has taken any tax positions that are subject to a significant degree

Pt IV Line 11F

of uncertainty. The Organization's income tax filings for periods after fiscal year ended September 30, 2010 remain subject to examination

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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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IRS990/Desc0THE CELEBRATION FOUNDATION IS AN INDEPENDENT NONPROFIT ORGANIZATION THAT STIMULATES THE DEVELOPMENT OF LOCAL PROGRAMS AND SERVICES THAT ADDRESS A VARIETY OF COMMUNITY NEEDS BY OFFERING CIVIC, CULTURAL, EDUCATIONAL, LEADERSHIP, AND COMMUNITY SERVICE OPPORTUNITIES. THROUGH ITS CHARITABLE GRANT MAKING, THE FOUNDATION ALSO RESPONDS TO CRITICAL HUMAN NEEDS IN THE AREAS OF CELEBRATION AND OSCEOLA COUNTY. THE FOUNDATION HELPED STIMULATE THE DEVELOPMENT OF LOCAL PROGRAMS AND SERVICES THAT ADDRESS A VARIETY OF COMMUNITY NEEDS. WE INVESTED GRANT MONEY IN OTHER NOT-FOR-PROFIT GROUPS WHOSE PURPOSE HELPS STRENGTHEN COMMUNITY. WE ARE ALL ABOUT EMPOWERMENT AND SUPPORTING THOSE WHO HAVE PURPOSE AND PASSION, AND WANT TO CONTRIBUTE TO THE BUILDING OF "BETTER COMMUNITY". THE FOUNDATION HAS ADDED, AS A COMMUNITY INITIATIVE, THE FAMILIES IN TRANSITION CHILDREN WHO ARE HOMELESS AND ATTEND LOCAL SCHOOLS. THROUGH AN OUTREACH PROGRAM, COMMUNITY MEMBERS HAVE RESPONDED TO THE NEEDS OF THE CHILDREN BY MAKING FINANCIAL DONATIONS AND SUPPORTING VARIOUS ACTIVITIES RANGING FROM COLLECTING SCHOOL SUPPLIES, FOOD AND CLOTHING. THE FOUNDATION IS SERVING AS A CATALYST IN THE AREA AND HAS FORMED OSCEOLA CONNECTED TO WORK TOGETHER TO ADDRESS NEEDS AND UTILIZE RESOURCES MORE EFFECTIVELY. SINCE ITS BEGINNING IN 2002, THE CELEBRATION CLASSICAL CONCERT SERIES HAS PRESENTED HIGH QUALITY CLASSICAL MUSIC TO CELEBRATION AND THE OSCEOLA COUNTY RESIDENTS. EACH YEAR THE SERIES HAS A SERIES OF CONCERTS SERVING OVER 1,500 LOCAL RESIDENTS. THE SERIES HAS BROUGHT IN WORLD CLASS MUSIC IN THE LAST FEW YEARS. IN 2012, THE VIENNA BOYS PERFORMED TO A SOLD OUT CROWD. IN 2014, THE NOTRE DAME GLEE CLUB AND BROOKLYN RIDER WERE PART OF THE CONCERT LINE UP ALONG WITH LOCAL FAVORITES ORLANDO PHILHARMONIC AND FLORIDA YOUTH SYMPHONY. CELEBRATION FOUNDATION OFFERS A SCHOLARSHIP PROGRAM TO GRADUATING SENIORS WHO LIVE IN CELEBRATION OR ATTEND CELEBRATION HIGH SCHOOL. HAVING THE SCHOLARSHIP TIED TO COMMUNITY SERVICE INVITES STUDENTS TO BE SENSITIVE TO COMMUNITY INVOLVEMENT AND VOLUNTEERISM. WE ALSO PUBLISH AN ANNUAL COMMUNITY DIRECTORY THAT IS DISTRIBUTED TO RESIDENTS. THE DIRECTORY IS DESIGNED TO BE A USEFUL TOOL TO FAMILIES IN CELEBRATION.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.66$0.11$2.55$0.74$0.68$0.06
2024Detailed filing. Detailed filing data is available for this year.$2.48$0.08$2.40$0.94$0.57$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.27$0.11$2.17$0.48$0.41$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.06$1.93$0.58$0.46$0.12
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.08$2.40$0.73$0.49$0.24
2020Detailed filing. Detailed filing data is available for this year.$2.04$0.10$1.94$0.76$0.50$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.82$0.14$1.67$0.66$0.57$0.09
2018Summary only. Only limited summary data is available for this year.$1.70$0.11$1.59$0.68$0.55$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.06$1.45$0.64$0.45$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.32$0.05$1.27$0.61$0.49$0.12
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.06$1.15$0.47$0.47$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.19$0.04$1.15$0.51$0.39$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.04$1.03$0.47
2012Summary only. Only limited summary data is available for this year.$0.86$0.02$0.84$0.37$0.32$0.06
2011Summary only. Only limited summary data is available for this year.$0.80$0.02$0.79$0.21$0.16$0.05