Civic Intelligence

Venice Area Beautification Inc.

990 • Fiscal year 2019 • EIN 65-0223440

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 09, 2020

257 N Tamiami TrailVenice, FL 34285

(941) 207-8224

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

75th percentile

25%

Faster asset growth than 75% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

134%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$315,351

Up $62,762 (+25%) from 2018

Net Assets

Up

$312,528

Up $60,752 (+24%) from 2018

Liabilities

Up

$2,823

Up $2,010 (+247%) from 2018

Revenue

Up

$314,513

Up $180,199 (+134%) from 2018

Expenses

Up

$253,733

Up $133,475 (+111%) from 2018

Net Income

Up

$60,780

Up $46,724 (+332%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $211,654Liabilities 2011: $20,6292011Assets 2012: $209,484Liabilities 2012: $2,8532012Assets 2013: $225,460Liabilities 2013: $2982013Assets 2014: $249,406Liabilities 2014: $1,792Net Assets 2014: $247,6142014Assets 2015: $257,654Liabilities 2015: $199Net Assets 2015: $257,4552015Assets 2016: $242,310Liabilities 2016: $440Net Assets 2016: $241,8702016Assets 2017: $234,596Liabilities 2017: $1,262Net Assets 2017: $233,3342017Assets 2018: $252,589Liabilities 2018: $813Net Assets 2018: $251,7762018Assets 2019: $315,351Liabilities 2019: $2,823Net Assets 2019: $312,5282019Assets 2020: $312,866Liabilities 2020: $30,149Net Assets 2020: $282,7172020Assets 2021: $329,524Liabilities 2021: $2,864Net Assets 2021: $326,6602021Assets 2022: $378,292Liabilities 2022: $591Net Assets 2022: $377,7012022Assets 2023: $328,167Liabilities 2023: $1,209Net Assets 2023: $326,9582023Assets 2024: $642,735Liabilities 2024: $2,715Net Assets 2024: $640,0202024Assets 2025: $822,052Liabilities 2025: $2,343Net Assets 2025: $819,7092025

Highlighted filing

2019

Assets$315,351
Liabilities$2,823
Net Assets$312,528

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $74,249Expenses 2011: $102,599Net Income 2011: -$28,3502011Revenue 2012: $61,491Expenses 2012: $58,925Net Income 2012: $2,5662012Revenue 2013: $64,241Expenses 2013: $55,731Net Income 2013: $8,5102013Revenue 2014: $69,963Expenses 2014: $54,099Net Income 2014: $15,8642014Revenue 2015: $130,380Expenses 2015: $112,245Net Income 2015: $18,1352015Revenue 2016: $76,629Expenses 2016: $99,403Net Income 2016: -$22,7742016Revenue 2017: $64,169Expenses 2017: $83,930Net Income 2017: -$19,7612017Revenue 2018: $134,314Expenses 2018: $120,258Net Income 2018: $14,0562018Revenue 2019: $314,513Expenses 2019: $253,733Net Income 2019: $60,7802019Revenue 2020: $238,672Expenses 2020: $276,556Net Income 2020: -$37,8842020Revenue 2021: $279,383Expenses 2021: $268,697Net Income 2021: $10,6862021Revenue 2022: $327,474Expenses 2022: $259,538Net Income 2022: $67,9362022Revenue 2023: $281,269Expenses 2023: $339,873Net Income 2023: -$58,6042023Revenue 2024: $518,786Expenses 2024: $231,612Net Income 2024: $287,1742024Revenue 2025: $394,111Expenses 2025: $268,293Net Income 2025: $125,8182025

Highlighted filing

2019

Revenue$314,513
Expenses$253,733
Net Income$60,780
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 9, 2020
Return Version
2018v3.1
Gross Receipts
$324,511
Mission and Program Overview

Mission

To formulate programs to beautify the venice, fl area

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$247,529$310,553▲ $63,024
Pledges and Grants Receivable$4,250$4,360▲ $110
Land, Buildings, and Equipment, Net$810$438▼ $372
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$252,589$315,351▲ $62,762
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$813$2,823▲ $2,010
Total Liabilities$813$2,823▲ $2,010
Net Assets / Fund Balance
Unrestricted Net Assets$175,186$161,086▼ $14,100
Temporarily Rstr Net Assets$76,590$151,442▲ $74,852
Total Net Assets Fund Balance$251,776$312,528▲ $60,752
Total Liabilities and Net Assets / Fund Balance$252,589$315,351▲ $62,762

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$438--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$112,992$2,000▲ $2,621-$112,699
2017$110,764-▲ $7,052-$112,992
2016$102,228-▲ $13,349-$110,764
2015$98,053-▲ $9,061-$102,228
2014$117,532-▼ $6,385-$98,053
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nancy WoodleyPresident
Jan LugarVice President
Helen MooreTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$301,126
Program Service Revenue
$0
Investment Income
$2,788
Other Revenue
$10,599
All Other Contributions
$301,126
Change in Net Assets
$60,780

Audited Revenue Reconciliation

Revenue per Audited Statements
$314,513
Total Revenue per Audited Statements
$314,513
Total Revenue per Form 990
$314,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$230,834
Salaries, Compensation, and Employee Benefits$22,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$21,275-$21,275
Fees for Services Accounting-$19,634-$19,634
All Other Expenses$9,187$2,370-$11,557
Other Expenses$5,776$6,540-$5,776
Insurance-$4,520-$4,520
Payroll Taxes-$1,624-$1,624
Depreciation Depletion$372--$372
Occupancy-$10-$10
Total Functional Expenses$197,760$55,973$0$253,733

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$253,733
Total Expenses per Audited Statements$253,733
Total Expenses per Form 990$253,733
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,502
Fundraising Direct Expenses$9,998
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boat Parade & Other$20,502$20,502$9,998$10,504
Total Events$20,502$20,502$9,998$10,504
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board reveiws and approves.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Venice Area Beautification Inc
EIN
65-0223440
Phone
9412078224
Address
257 N TAMIAMI TRAIL, VENICE, FL 34285

Signing Officer

Name
Nancy Woodley
Title
President
Signed
2020-02-09
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
1

Preparer

Firm
Hough & Company PA CPAs
Address
248 S Nokomis Ave PO Box 1806, Venice, FL 34285
Preparer
Mark W Paolillo CPA
Phone
9414887768
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

UNREALIZED LOSS = -$28

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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0554
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0112992
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0112699
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt04360
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt02621
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0574
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0110764
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0112992
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt04250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07052
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0535
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0102228
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0110764
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt04278
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013349
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0505
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt098053
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0102228
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04381
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09061
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0558
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0117532
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt098053
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt012536
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-6385
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0253733
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0438
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0438
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueSubtotalAmt0314513
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0438
IRS990ScheduleD/TotalExpensesPerForm990Amt0253733
IRS990ScheduleD/TotalRevenuePerForm990Amt0314513
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0314513
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0253733
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09998
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BOAT PARADE & OTHER
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020502
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020502
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt010504
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09998
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09998
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVEIWS AND APPROVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED LOSS = -$28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt076590
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0151442
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0252589
IRS990/TotalAssetsEOYAmt0315351
IRS990/TotalAssetsGrp/BOYAmt0252589
IRS990/TotalAssetsGrp/EOYAmt0315351
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0301126
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055973
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0197760
IRS990/TotalFunctionalExpensesGrp/TotalAmt0253733
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0813
IRS990/TotalLiabilitiesEOYAmt02823
IRS990/TotalLiabilitiesGrp/BOYAmt0813
IRS990/TotalLiabilitiesGrp/EOYAmt02823
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0251776
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0312528
IRS990/TotalProgramServiceExpensesAmt0197760
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02883
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0314513
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0252589
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315351
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0175186
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0161086
IRS990/USAddress/AddressLine1Txt0257 N TAMIAMI TRAIL
IRS990/USAddress/CityNm0VENICE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd034285
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.VABI.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02020-11-19 02:30:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY WOODLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VENICE AREA BEAUTIFICATION INC
ReturnHeader/Filer/BusinessNameControlTxt0VENI
ReturnHeader/Filer/EIN0650223440
ReturnHeader/Filer/PhoneNum09412078224
ReturnHeader/Filer/USAddress/AddressLine1Txt0257 N TAMIAMI TRAIL
ReturnHeader/Filer/USAddress/CityNm0VENICE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034285
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591467762
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hough & Company PA CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0248 S Nokomis Ave PO Box 1806

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.22$0.02$8.20$3.94$2.68$1.26
2024Detailed filing. Detailed filing data is available for this year.$6.43$0.03$6.40$5.19$2.32$2.87
2023Detailed filing. Detailed filing data is available for this year.$3.28$0.01$3.27$2.81$3.40$0.59
2022Detailed filing. Detailed filing data is available for this year.$3.78$0.01$3.78$3.27$2.60$0.68
2021Detailed filing. Detailed filing data is available for this year.$3.30$0.03$3.27$2.79$2.69$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.13$0.30$2.83$2.39$2.77$0.38
2019Detailed filing. Detailed filing data is available for this year.$3.15$0.03$3.13$3.15$2.54$0.61
2018Detailed filing. Detailed filing data is available for this year.$2.53$0.01$2.52$1.34$1.20$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.35$0.01$2.33$0.64$0.84$0.20
2016Detailed filing. Detailed filing data is available for this year.$2.42$0.00$2.42$0.77$0.99$0.23
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.00$2.57$1.30$1.12$0.18
2014Detailed filing. Detailed filing data is available for this year.$2.49$0.02$2.48$0.70$0.54$0.16
2013Summary only. Only limited summary data is available for this year.$2.25$0.00$0.64$0.56$0.09
2012Summary only. Only limited summary data is available for this year.$2.09$0.03$0.61$0.59$0.03
2011Summary only. Only limited summary data is available for this year.$2.12$0.21$0.74$1.03$0.28