Civic Intelligence

Florida Power Club Inc

990 • Fiscal year 2016 • EIN 59-6004292

Feb 01, 2015 to Jan 31, 2016 • Filed on Dec 12, 2016

601 Apalachee Dr NESt Petersburg, FL 33702

(727) 820-5921

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.05x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$0

Higher top officer pay than 67% of similar nonprofits.

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

2016 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2016

Asset Growth

20th percentile

-5.8%

Faster asset growth than 20% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-15%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

$742,726

No earlier filing loaded for comparison.

Net Assets

$740,051

No earlier filing loaded for comparison.

Liabilities

$2,675

No earlier filing loaded for comparison.

Revenue

$56,363

No earlier filing loaded for comparison.

Expenses

$33,231

No earlier filing loaded for comparison.

Net Income

$23,132

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.

$1.5M$1.0M$500K$0Assets 2016: $742,726Liabilities 2016: $2,675Net Assets 2016: $740,0512016Assets 2017: $807,928Liabilities 2017: $2,350Net Assets 2017: $805,5782017Assets 2018: $878,594Liabilities 2018: $3,681Net Assets 2018: $874,9132018Assets 2019: $828,022Liabilities 2019: $1,655Net Assets 2019: $826,3672019Assets 2020: $924,771Liabilities 2020: $1,745Net Assets 2020: $923,0262020Assets 2021: $886,373Liabilities 2021: $1,775Net Assets 2021: $884,5982021Assets 2022: $1,040,774Liabilities 2022: $1,350Net Assets 2022: $1,039,4242022Assets 2023: $1,036,912Liabilities 2023: $0Net Assets 2023: $1,036,9122023Assets 2025: $1,171,382Liabilities 2025: $0Net Assets 2025: $1,171,3822025

Highlighted filing

2016

Assets$742,726
Liabilities$2,675
Net Assets$740,051

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $56,363Expenses 2016: $33,231Net Income 2016: $23,1322016Revenue 2017: $18,533Expenses 2017: $49,194Net Income 2017: -$30,6612017Revenue 2018: $55,286Expenses 2018: $39,477Net Income 2018: $15,8092018Revenue 2019: $41,691Expenses 2019: $45,558Net Income 2019: -$3,8672019Revenue 2020: $48,709Expenses 2020: $41,963Net Income 2020: $6,7462020Revenue 2021: $10,588Expenses 2021: $9,602Net Income 2021: $9862021Revenue 2022: $39,461Expenses 2022: $35,495Net Income 2022: $3,9662022Revenue 2023: $55,131Expenses 2023: $37,722Net Income 2023: $17,4092023Revenue 2025: $59,114Expenses 2025: $29,755Net Income 2025: $29,3592025

Highlighted filing

2016

Revenue$56,363
Expenses$33,231
Net Income$23,132
Jump To
Filing Snapshot
Filing Period
Feb 1, 2015 to Jan 31, 2016
Signed
Dec 12, 2016
Return Version
2015v2.1
Gross Receipts
$73,580
Mission and Program Overview

Mission

Local employee association that provides various social and recreational events for adult members, members children, and members families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$777,319$720,138▼ $57,181
Savings and Temporary Cash Investments$11,289$22,588▲ $11,299
Total Assets$788,608$742,726▼ $45,882
Liabilities
Accounts Payable and Accrued Expenses-$2,675-
Total Liabilities$0$2,675▲ $2,675
Net Assets / Fund Balance
Unrestricted Net Assets$788,608$740,051▼ $48,557
Total Net Assets Fund Balance$788,608$740,051▼ $48,557
Total Liabilities and Net Assets / Fund Balance$788,608$742,726▼ $45,882
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony SalvarezzaPresident
David SavageDirector
Helen MakoDirector
John WarrenDirector
Kevin WhelanDirector
Norman PetersonDirector
Tara MillerDirector
Brad VincentDirector-ret
Alex NovakoskiTrustee
Karl WielandTrustee
Kathy Callaghan-bixlerMembership C
Tanya SnowSecretary
Mariela PerezTreasurer
Jessica Kiest RichardsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,857
Investment Income
$44,506
Other Revenue
$0
Change in Net Assets
$23,132
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$33,051
Salaries, Compensation, and Employee Benefits$180
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$6,850$79-$6,929
Fees for Services Accounting-$2,675-$2,675
Other Expenses$2,495--$2,495
Insurance-$1,138-$1,138
Comp Disqual Persons-$180-$180
Office Expenses-$167-$167
Total Functional Expenses$28,992$4,239$0$33,231
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The affairs of the club are managed by the president, one or more vice presidents, a secretary, a treasurer, and assistant treasurer and a board of directors made up of twelve members representing three groups as follows: group 1 all club members not included in group 2 or 3 nine directors group 2 all retired florida power club members two directors group 3 associate club members one director the above groups elect the association's governing body, approve of changes of the bylaws and approves the adoption of annual budgets and events for the membership.

Form 990, Page 6, Part VI, Line 7B

The affairs of the club are managed by the president, one or more vice presidents, a secretary, a treasurer, and assistant treasurer and a board of directors made up of twelve members representing three groups as follows: group 1 all club members not included in group 2 or 3 nine directors group 2 all retired florida power club members two directors group 3 associate club members one director the above groups elect the association's governing body, approve of changes of the bylaws and approves the adoption of annual budgets and events for the membership.

Form 990, Page 6, Part VI, Line 11B

Organization's process to review the form 990 return and annual financial statements are available for review at all levels of the membership and the governing board. The president reviews the form 990 prior to its being filed.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to members upon request.

Filing and Contact Details

Filer

Filer Name
Florida Power Club Inc
EIN
59-6004292
Phone
7278205921
Address
601 APALACHEE DR NE, ST PETERSBURG, FL 33702

Signing Officer

Name
Anthony Salvarezza
Title
President
Phone
7278205921
Signed
2016-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Salvarezza
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
10

Preparer

Firm
Stapleton Johnson & Mcdowell Pa
Address
915 MEADOWLAWN DRIVE NORTH, SAINT PETERSBURG, FL 33702
Preparer
Jeffrey Johnson
Phone
7273811699
Supplemental Narrative

Additional Explanations

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

Bank charges in connection with events

Form 990, Part IX, Line 24E

Beach bash 1,793 0 0 membership drive 1,200 0 0 tampa bay lightning 1,001 0 0 mickey very merry christ 857 0 0 halloween horror nights 629 0 0 kids holiday party 570 0 0 howl o scream busch grdns 387 0 0 cruise 225 0 0 adventure island 158 0 0 bank fees 0 79 0 annual general meeting 30 0 0

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BANK CHARGES IN CONNECTION WITH EVENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AFFAIRS OF THE CLUB ARE MANAGED BY THE PRESIDENT, ONE OR MORE VICE PRESIDENTS, A SECRETARY, A TREASURER, AND ASSISTANT TREASURER AND A BOARD OF DIRECTORS MADE UP OF TWELVE MEMBERS REPRESENTING THREE GROUPS AS FOLLOWS: GROUP 1 ALL CLUB MEMBERS NOT INCLUDED IN GROUP 2 OR 3 NINE DIRECTORS GROUP 2 ALL RETIRED FLORIDA POWER CLUB MEMBERS TWO DIRECTORS GROUP 3 ASSOCIATE CLUB MEMBERS ONE DIRECTOR THE ABOVE GROUPS ELECT THE ASSOCIATION'S GOVERNING BODY, APPROVE OF CHANGES OF THE BYLAWS AND APPROVES THE ADOPTION OF ANNUAL BUDGETS AND EVENTS FOR THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AFFAIRS OF THE CLUB ARE MANAGED BY THE PRESIDENT, ONE OR MORE VICE PRESIDENTS, A SECRETARY, A TREASURER, AND ASSISTANT TREASURER AND A BOARD OF DIRECTORS MADE UP OF TWELVE MEMBERS REPRESENTING THREE GROUPS AS FOLLOWS: GROUP 1 ALL CLUB MEMBERS NOT INCLUDED IN GROUP 2 OR 3 NINE DIRECTORS GROUP 2 ALL RETIRED FLORIDA POWER CLUB MEMBERS TWO DIRECTORS GROUP 3 ASSOCIATE CLUB MEMBERS ONE DIRECTOR THE ABOVE GROUPS ELECT THE ASSOCIATION'S GOVERNING BODY, APPROVE OF CHANGES OF THE BYLAWS AND APPROVES THE ADOPTION OF ANNUAL BUDGETS AND EVENTS FOR THE MEMBERSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION'S PROCESS TO REVIEW THE FORM 990 RETURN AND ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW AT ALL LEVELS OF THE MEMBERSHIP AND THE GOVERNING BOARD. THE PRESIDENT REVIEWS THE FORM 990 PRIOR TO ITS BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS ARE AVAILABLE TO MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BEACH BASH 1,793 0 0 MEMBERSHIP DRIVE 1,200 0 0 TAMPA BAY LIGHTNING 1,001 0 0 MICKEY VERY MERRY CHRIST 857 0 0 HALLOWEEN HORROR NIGHTS 629 0 0 KIDS HOLIDAY PARTY 570 0 0 HOWL O SCREAM BUSCH GRDNS 387 0 0 CRUISE 225 0 0 ADVENTURE ISLAND 158 0 0 BANK FEES 0 79 0 ANNUAL GENERAL MEETING 30 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
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 IX, LINE 24E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0788608
IRS990/TotalAssetsEOYAmt0742726
IRS990/TotalAssetsGrp/BOYAmt0788608
IRS990/TotalAssetsGrp/EOYAmt0742726
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04239
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt028992
IRS990/TotalFunctionalExpensesGrp/TotalAmt033231
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt02675
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02675
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0788608
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0740051
IRS990/TotalProgramServiceExpensesAmt028992
IRS990/TotalProgramServiceRevenueAmt011857
IRS990/TotalRevenueGrp/ExclusionAmt041615
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014748
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt056363
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0788608
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0742726
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0788608
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0740051
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0299 1ST AVE N
IRS990/USAddress/CityNm0SAINT PETERSBURG
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033701
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0FLORIDAPOWERCLUB.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANTHONY SALVAREZZA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07278205921
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-12-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FLORIDA POWER CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0FLOR
ReturnHeader/Filer/EIN0596004292
ReturnHeader/Filer/PhoneNum07278205921
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 APALACHEE DR NE
ReturnHeader/Filer/USAddress/CityNm0ST PETERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033702
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592256943
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STAPLETON JOHNSON & MCDOWELL PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0915 MEADOWLAWN DRIVE NORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT PETERSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033702
ReturnHeader/PreparerPersonGrp/PhoneNum07273811699
ReturnHeader/PreparerPersonGrp/PreparationDt02016-12-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY JOHNSON
ReturnHeader/ReturnTs02016-12-15T14:18:26-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-02-01
ReturnHeader/TaxPeriodEndDt02016-01-31
ReturnHeader/TaxYr02015

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