Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 59-3385767 • 501(c)3 • Arcadia, FL
Profile
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
94th percentile
Higher net margin than 94% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer or executive compensation is available for this organization yet.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Up$36,685
Up $34,880 (+1932%) from 2011
Liabilities
Down$0
Down $61 (-100%) from 2011
Net Assets
-
No earlier filing loaded for comparison.
Revenue
Up$49,448
Up $49,448 from 2011
Expenses
Up$14,445
Up $14,384 (+23580%) from 2011
Net Income
Up$35,003
Up $35,064 (+57482%) from 2011
Most recent year
2013 • Form 990EZSummary only. Only limited summary data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2013Summary only. Only limited summary data is available for this year. | $36.7 | $0.00 | $49.4 | $14.4 | $35.0 | |
| 2011Facts available. Structured filing facts are available, but richer extracted sections are limited. | $1.81 | $0.06 | $1.74 | $0.00 | $0.06 | $0.06 |
The latest 2013 filing currently has summary financial data only. Showing the latest detailed filing from 2011 below.
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/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 1805 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 1805 |
| IRS990EZ/CostOfGoodsSold | 0 | 0 |
| IRS990EZ/CostOtherBasisAndSalesExpenses | 0 | 0 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngageInLobbyingActivities | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | -61 |
| IRS990EZ/FiledScheduleA | 0 | true |
| IRS990EZ/ForeignFinancialAccount | 0 | false |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/Form720Filed | 0 | false |
| IRS990EZ/FundraisingGrossIncome | 0 | 0 |
| IRS990EZ/GrossReceiptsForPublicUse | 0 | 0 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartV | 0 | X |
| IRS990EZ/InitiationFeesAndCapitalContri | 0 | 0 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 1805 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 1805 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 1744 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 1744 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 0 | 2816 NW County Road 661 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 1 | 1269 SE Tangelo Drive |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 2 | 504 East Oak |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 0 | Arcadia |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 1 | Arcadia |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 2 | Arcadia |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 0 | FL |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 1 | FL |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 2 | FL |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 0 | 34266 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 1 | 34266 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 2 | 34266 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | Rebecca Bragg |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | Colleen Spangler |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | William A Hackney |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | Secretary |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | Treasurer |
| IRS990EZ/OperatingSchool | 0 | false |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherExpensesTotal | 0 | 61 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | The DEDC's primary exempt purpose is to promote economic development in DeSoto County. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | In its most recent activity, the EDC raised funds to provide for dirt which could be moved in and out of the Turner Agri-Civic Center in Arcadia. By having the dirt on hand, DeSoto County (which operates the Turner Center) could hold an array of summer equestrian events which will generate economic activity from horse owners from across southwest Florida.The organization has been inactive since January 2010. It is in discussions with an ongoing effort to operate a "TEAM DeSoto" project to enhance the central historical core of DeSoto County. |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/RelatedOrgSection527Org | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLoss | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 61 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 128 W Oak St |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | Arcadia |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | FL |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 34266 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | William Hackney |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 8634946495 |
| IRS990EZ/TotalAssets/BOY | 0 | 1805 |
| IRS990EZ/TotalAssets/EOY | 0 | 1805 |
| IRS990EZ/TotalExpenses | 0 | 61 |
| IRS990EZ/TotalRevenue | 0 | 0 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | false |
| IRS990EZ/WebSite | 0 | N/A |
| IRS990ScheduleA/AmountsSubstContributorsTotal | 0 | 0 |
| IRS990ScheduleA/First5Years170 | 0 | X |
| IRS990ScheduleA/GiftsGrantsContribReceived170/Total | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170/Total | 0 | 0 |
| IRS990ScheduleA/NetUBI/Total | 0 | 0 |
| IRS990ScheduleA/OtherIncome170/Total | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg170b1Avi | 0 | X |
| IRS990ScheduleA/PublicSupportPertcentage170 | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170 | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedForOrgBenefit170/Total | 0 | 0 |
| IRS990ScheduleA/TotalSupport | 0 | 0 |
| IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total | 0 | 0 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $61 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | Office Expenses $61 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990-EZ, Part II, Line 26.1001 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990-EZ, Part I, Line 16.1002 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Total Liabilities.1001 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Other Expenses.1002 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/Filer/EIN | 0 | 593385767 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | DeSoto County Economic Development |
| ReturnHeader/Filer/NameControl | 0 | DESO |
| ReturnHeader/Filer/Phone | 0 | 8634946495 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 128 West Oak Street |
| ReturnHeader/Filer/USAddress/City | 0 | Arcadia |
| ReturnHeader/Filer/USAddress/State | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 34266 |
| ReturnHeader/Officer/DateSigned | 0 | 2012-04-17 |
| ReturnHeader/Officer/Name | 0 | William Hackney |
| ReturnHeader/Officer/Title | 0 | Treasurer |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2010-06-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-05-31 |
| ReturnHeader/TaxYear | 0 | 2010 |
| ReturnHeader/Timestamp | 0 | 2012-04-17T11:29:58-07:00 |
No mirrored PDF or thumbnail assets are attached yet.