Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Assets
$1,805
No earlier filing loaded for comparison.
Net Assets
$1,744
No earlier filing loaded for comparison.
Liabilities
$61
No earlier filing loaded for comparison.
Revenue
$0
No earlier filing loaded for comparison.
Expenses
$61
No earlier filing loaded for comparison.
Net Income
-$61
No earlier filing loaded for comparison.
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.
Displayed year
2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
| 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 |