Civic Intelligence

Fort Lauderdale Community Development Corporation Inc.

990 • Fiscal year 2017 • EIN 65-0146804

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 10, 2018

P O Box 1238Fort Lauderdale, FL 33302

(954) 764-8500

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.89x

Higher debt load relative to assets than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

93rd percentile

1.90x

Higher debt load relative to revenue than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

28th percentile

-4.4%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

52nd percentile

3.9%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2017

Assets

Up

$805,989

Up $59,511 (+8.0%) from 2015

Net Assets

Up

$88,242

Up $139,821 (+271%) from 2015

Liabilities

Down

$717,747

Down $80,310 (-10%) from 2015

Revenue

Down

$378,010

Down $259,708 (-41%) from 2015

Expenses

Down

$394,670

Down $355,390 (-47%) from 2015

Net Income

Up

-$16,660

Up $95,682 (+85%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,124,666Liabilities 2011: $818,452Net Assets 2011: $306,2142011Assets 2012: $1,034,151Liabilities 2012: $735,594Net Assets 2012: $298,5572012Assets 2013: $952,380Liabilities 2013: $664,763Net Assets 2013: $287,6172013Assets 2014: $1,384,039Liabilities 2014: $824,758Net Assets 2014: $559,2812014Assets 2015: $746,478Liabilities 2015: $798,057Net Assets 2015: -$51,5792015Assets 2017: $805,989Liabilities 2017: $717,747Net Assets 2017: $88,2422017Assets 2018: $849,476Liabilities 2018: $690,003Net Assets 2018: $159,4732018Assets 2019: $906,833Liabilities 2019: $675,008Net Assets 2019: $231,8252019Assets 2020: $1,049,843Liabilities 2020: $684,465Net Assets 2020: $365,3782020Assets 2021: $1,169,812Liabilities 2021: $638,762Net Assets 2021: $531,0502021Assets 2022: $1,913,707Liabilities 2022: $1,352,195Net Assets 2022: $561,5122022Assets 2023: $1,780,296Liabilities 2023: $1,288,999Net Assets 2023: $491,2972023Assets 2024: $1,372,690Liabilities 2024: $942,775Net Assets 2024: $429,9152024

Highlighted filing

2017

Assets$805,989
Liabilities$717,747
Net Assets$88,242

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $461,350Expenses 2011: $301,401Net Income 2011: $159,9492011Revenue 2012: $430,752Expenses 2012: $438,409Net Income 2012: -$7,6572012Revenue 2013: $336,444Expenses 2013: $347,384Net Income 2013: -$10,9402013Revenue 2014: $635,608Expenses 2014: $364,960Net Income 2014: $270,6482014Revenue 2015: $637,718Expenses 2015: $750,060Net Income 2015: -$112,3422015Revenue 2017: $378,010Expenses 2017: $394,670Net Income 2017: -$16,6602017Revenue 2018: $553,608Expenses 2018: $414,866Net Income 2018: $138,7422018Revenue 2019: $432,414Expenses 2019: $397,463Net Income 2019: $34,9512019Revenue 2020: $426,626Expenses 2020: $390,014Net Income 2020: $36,6122020Revenue 2021: $561,433Expenses 2021: $423,849Net Income 2021: $137,5842021Revenue 2022: $460,775Expenses 2022: $485,035Net Income 2022: -$24,2602022Revenue 2023: $520,743Expenses 2023: $545,958Net Income 2023: -$25,2152023Revenue 2024: $568,765Expenses 2024: $625,796Net Income 2024: -$57,0312024

Highlighted filing

2017

Revenue$378,010
Expenses$394,670
Net Income-$16,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 10, 2018
Return Version
2017v2.2
Gross Receipts
$378,010
Mission and Program Overview

Mission

Provide low income housing to disadvantage people in the community. Also, provide opportunities enabling them to own and manage business enterprises in economically depressed neighborhoods.

Provide low income housing to disadvantage people in the community. Also, provide opportunities enabling them to own and manage business enterprises in economically ddepressed neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$245,077$551,254▲ $306,177
Cash and Non-Interest-Bearing Accounts$115,741$91,741▼ $24,000
Prepaid Expenses and Deferred Charges$27,688$18,537▼ $9,151
Accounts Receivable$7,130$4,504▼ $2,626
Total Assets$535,589$805,989▲ $270,400
Other Assets Total$139,953$139,953→ $0
Liabilities
Unsecured Notes Loans Payable$715,639$674,008▼ $41,631
Other Liabilities$26,049$26,969▲ $920
Accounts Payable and Accrued Expenses$14,974$16,770▲ $1,796
Total Liabilities$756,662$717,747▼ $38,915
Net Assets / Fund Balance
Temporarily Rstr Net Assets$139,953$465,928▲ $325,975
Unrestricted Net Assets$-361,026$-377,686▼ $16,660
Total Net Assets Fund Balance$-221,073$88,242▲ $309,315
Total Liabilities and Net Assets / Fund Balance$535,589$805,989▲ $270,400

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$551,254$1,107,195-
Other Assets Org$139,953--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dennis WrightConstruction Chairman
Jacqueline PricePresident
Kaola KingVice President
Gerri WashingtonDirector
Brian DavisFinance Committee
Edith BynesSecretary
Simone KeizeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$376,451
Investment Income
$0
Other Revenue
$1,559
Change in Net Assets
$-16,660

Audited Revenue Reconciliation

Revenue per Audited Statements
$378,010
Total Revenue per Audited Statements
$378,010
Total Revenue per Form 990
$378,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$364,213
Salaries, Compensation, and Employee Benefits$30,457
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$36,866$42,000-$78,866
Insurance$61,529--$61,529
Other Expenses$54,412$408-$54,412
Depreciation Depletion$31,909--$31,909
Other Salaries and Wages$30,457--$30,457
Interest-$25,290-$25,290
Fees for Services Other$6,025$13,175-$19,200
All Other Expenses$5,179$1,128-$6,307
Office Expenses$2,122--$2,122
Total Functional Expenses$308,556$86,114$0$394,670

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$394,670
Total Expenses per Audited Statements$394,670
Total Expenses per Form 990$394,670
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant security deposits$26,969
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

Governance Explanations

Form 990 governing body review Part VI line 11

Members of the Finance committee review and approve form 990 tax return prior to its issuance

Conflict of interest policy compliance Part VI line 12C

The conflict fo interest policy is review annually by BOD members

CEO executive director top management comp Part VI line 15A

Memebrs of the Executive Committe of the BOD review compensation annually

Governing documents etc available to public Part VI line 19

All governing documents are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Fort Lauderdale CDC
EIN
65-0146804
Address
P O Box 1238, Fort Lauderdale, FL 33302

Signing Officer

Name
Simone Keize
Title
Treasurer
Phone
9547648500
Signed
2018-08-10
Discuss with paid preparer
No

Organization Details

Formed
1988
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
1
Volunteers
8

Preparer

Firm
Anthony Brunson PA
Address
333 Las Olas Way CU4, Fort Lauderdale, FL 33301
Preparer
Anthony Brunson
Phone
9543616571
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

represents addition of restricted assets (property)

Raw XML Appendix395 raw XML fields

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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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0388613
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0585907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0635601
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0325975
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02312547
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0551254
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01107195
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01658449
IRS990ScheduleD/ExpensesSubtotalAmt0394670
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0139953
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Real estate for sale
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026969
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant security deposits
IRS990ScheduleD/RevenueSubtotalAmt0378010
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0551254
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0139953
IRS990ScheduleD/TotalExpensesPerForm990Amt0394670
IRS990ScheduleD/TotalLiabilityAmt026969
IRS990ScheduleD/TotalRevenuePerForm990Amt0378010
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0378010
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0394670
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Members of the Finance committee review and approve form 990 tax return prior to its issuance
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict fo interest policy is review annually by BOD members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Memebrs of the Executive Committe of the BOD review compensation annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3All governing documents are made available to the public upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4represents addition of restricted assets (property)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Explanation of other changes in net assets or fund balances Part XI line 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0139953
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0465928
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0535589
IRS990/TotalAssetsEOYAmt0805989
IRS990/TotalAssetsGrp/BOYAmt0535589
IRS990/TotalAssetsGrp/EOYAmt0805989
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt086114
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0308556
IRS990/TotalFunctionalExpensesGrp/TotalAmt0394670
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0756662
IRS990/TotalLiabilitiesEOYAmt0717747
IRS990/TotalLiabilitiesGrp/BOYAmt0756662
IRS990/TotalLiabilitiesGrp/EOYAmt0717747
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-221073
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt088242
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0308556
IRS990/TotalProgramServiceRevenueAmt0376451
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0378010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0378010
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0535589
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0805989
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-361026
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-377686
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0715639
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0674008
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Simone Keize
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum09547648500
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fort Lauderdale CDC
ReturnHeader/Filer/BusinessNameControlTxt0FORT
ReturnHeader/Filer/EIN0650146804
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 1238
ReturnHeader/Filer/USAddress/CityNm0Fort Lauderdale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033302
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DEDF1B2ABA91D514C3B360EAA116567FE60CD5C4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DEDF1B2ABA91D514C3B360EAA116567FE60CD5C4
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06094042018240bp5ksk3
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-08-28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0199.44.61.252
ReturnHeader/FilingSecurityInformation/IPDt02018-08-28
ReturnHeader/FilingSecurityInformation/IPTm009:09:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0650321690
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anthony Brunson PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0333 Las Olas Way CU4
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Fort Lauderdale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033301
ReturnHeader/PreparerPersonGrp/PhoneNum09543616571
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony Brunson
ReturnHeader/ReturnTs02018-08-28T09:03:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.37$0.94$0.43$0.57$0.63$0.06
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$1.29$0.49$0.52$0.55$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.91$1.35$0.56$0.46$0.49$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.64$0.53$0.56$0.42$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.68$0.37$0.43$0.39$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.68$0.23$0.43$0.40$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.69$0.16$0.55$0.41$0.14
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.72$0.09$0.38$0.39$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.80$0.05$0.64$0.75$0.11
2014Summary only. Only limited summary data is available for this year.$1.38$0.82$0.56$0.64$0.36$0.27
2013Summary only. Only limited summary data is available for this year.$0.95$0.66$0.29$0.34$0.35$0.01
2012Summary only. Only limited summary data is available for this year.$1.03$0.74$0.30$0.43$0.44$0.01
2011Summary only. Only limited summary data is available for this year.$1.12$0.82$0.31$0.46$0.30$0.16