Civic Intelligence

Plymouth Harbor Endowment Fund

990 • Fiscal year 2013 • EIN 59-6231811

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 10, 2014

700 John Ringling BlvdSarasota, FL 34236

(941) 365-2600

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

5th percentile

0.00x

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

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

79th percentile

$305,807

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 43.6% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

69th percentile

9.3%

Faster asset growth than 69% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

13th percentile

-18%

Faster revenue growth than 13% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2010 to 2013

Assets

Up

$11,144,779

Up $949,172 (+9.3%) from 2012

Net Assets

Up

$11,144,779

Up $949,172 (+9.3%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$701,802

No earlier filing loaded for comparison.

Expenses

Up

$47,125

Up $2,203 (+4.9%) from 2012

Net Income

$654,677

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.

$15M$10M$5.0M$0Assets 2010: $9,310,249Liabilities 2010: $0Net Assets 2010: $9,310,2492010Assets 2011: $9,218,059Liabilities 2011: $0Net Assets 2011: $9,218,0592011Assets 2012: $10,195,607Liabilities 2012: $0Net Assets 2012: $10,195,6072012Assets 2013: $11,144,779Liabilities 2013: $0Net Assets 2013: $11,144,7792013Assets 2014: $11,635,947Liabilities 2014: $0Net Assets 2014: $11,635,9472014Assets 2015: $11,486,554Liabilities 2015: $0Net Assets 2015: $11,486,5542015Assets 2016: $12,161,627Liabilities 2016: $8,210Net Assets 2016: $12,153,4172016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2013

Assets$11,144,779
Liabilities$0
Net Assets$11,144,779

Operations Trend

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

$1.5M$1.0M$500K$0Revenue 2010: $1,261,747Expenses 2010: $421,293Net Income 2010: $840,4542010Expenses 2011: $31,0472011Expenses 2012: $44,9222012Revenue 2013: $701,802Expenses 2013: $47,125Net Income 2013: $654,6772013Revenue 2014: $720,875Expenses 2014: $53,379Net Income 2014: $667,4962014Revenue 2015: $440,069Expenses 2015: $41,695Net Income 2015: $398,3742015Revenue 2016: $1,003,633Expenses 2016: $51,960Net Income 2016: $951,6732016Revenue 2017: $808,760Expenses 2017: $57,262Net Income 2017: $751,4982017

Highlighted filing

2013

Revenue$701,802
Expenses$47,125
Net Income$654,677
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 10, 2014
Return Version
2013v3.0
Gross Receipts
$701,802
Mission and Program Overview

Mission

Trust fund to receive contributions to be expended for the charitable purpose of operating and maintaining a life care facility at plymouth harbor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$10,191,736$11,136,519▲ $944,783
Total Assets$10,195,607$11,144,779▲ $949,172
Other Assets Total$3,871$8,260▲ $4,389
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$10,195,607$11,144,779▲ $949,172
Total Net Assets Fund Balance$10,195,607$11,144,779▲ $949,172
Total Liabilities and Net Assets / Fund Balance$10,195,607$11,144,779▲ $949,172

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,176,882--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$10,472,006$228,067▲ $1,048,525$563,003$11,136,519
2012$9,459,414$419,981▲ $995,208$350,000$10,472,006
2011$8,705,989$209,791▲ $580,017-$9,459,414
2010$8,569,657$428,376▲ $129,249$350,000$8,705,989
2009$8,024,973$73,014▲ $1,146,043$600,000$8,569,657
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$7,154
Program Service Revenue
$0
Investment Income
$694,648
Other Revenue
$0
All Other Contributions
$7,154
Change in Net Assets
$654,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,125
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
Fees for Service Investment Mgmnt Fees-$47,110-$47,110
Other Expenses-$15-$15
Total Functional Expenses$0$47,125$0$47,125
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
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
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The return is reviewed in its entirety by the board of trustees. Any questions are resolved with the independent accounting firm that prepares the return. In addition, a copy is provided to each independent voting member of the board for review before it is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The related organization, plymouth harbor, inc's, conflict of interest policy covers all trustee members of the filing organization. New trustee members complete and submit a signed conflict of interest disclosure statement at orientation. All board members are required to complete and submit a signed conflict of interest disclosure statement annually. These statements are reviewed by the board president and chief executive officer of plymouth harbor, inc. Any trustee member having a possible or actual conflict of interest is prohibited from voting or using his/her personal influence on the matter, and should not be counted as part of a quorum for the meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspection upon request.

Filing and Contact Details

Filer

EIN
59-6231811
Phone
9413652600

Signing Officer

Name
Garry H Jackson
Title
Sr Vice President - CFO
Phone
9413652600
Signed
2014-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Garry H Jackson
Formed
1969
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Preparer
Melanie a Mcpeak
Phone
7275314477
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Oversight of financial statement audit: the organization's audit committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.

Financial Statement Notes

PART V, LINE 4:

The board of trustees may distribute corpus of these funds at its sole discretion. The intended use of the endowment fund monies is exclusively for charitable activities conducted by the filing organization's related organization plymouth harbor, inc.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT - CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt21SR. VICE PRESIDENT - CFO
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0201439
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt010191736
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt011136519
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TRUST FUND TO RECEIVE CONTRIBUTIONS TO BE EXPENDED FOR THE CHARITABLE PURPOSE OF OPERATING AND MAINTAINING A LIFE CARE FACILITY AT PLYMOUTH HARBOR.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010195607
IRS990/NetAssetsOrFundBalancesEOYAmt011144779
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0493209
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0493209
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0294495
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03871
IRS990/OtherAssetsTotalGrp/EOYAmt08260
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015
IRS990/OtherExpensesGrp/TotalAmt015
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GARRY H JACKSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt081158
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0475587
IRS990/PYOtherExpensesAmt044922
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0511823
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt044922
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0556745
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0654677
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0591031820
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc09
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02000000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10PLYMOUTH HARBOR INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02000000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt049076
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010472006
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0228067
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011136519
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01048525
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0563003
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt052597
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt09459414
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0419981
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010472006
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0995208
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0350000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt036383
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt08705989
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0209791
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt09459414
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0580017
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt071293
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08569657
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0428376
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt08705989
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0129249
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0350000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt074373
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt08024973
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt073014
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08569657
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01146043
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0600000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0184848
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt18774789
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt22176882
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CASH/MONEY MARKET FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CORPORATE STOCKS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF TRUSTEES MAY DISTRIBUTE CORPUS OF THESE FUNDS AT ITS SOLE DISCRETION. THE INTENDED USE OF THE ENDOWMENT FUND MONIES IS EXCLUSIVELY FOR CHARITABLE ACTIVITIES CONDUCTED BY THE FILING ORGANIZATION'S RELATED ORGANIZATION PLYMOUTH HARBOR, INC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt011136519
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00

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Peer Organizations

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