Civic Intelligence

Pigeon Key Foundation Inc

990 • Fiscal year 2016 • EIN 65-0379803

Jul 01, 2015 to Jun 30, 2016 • Filed on Sep 10, 2016

5800 Overseas Highway Suite 17Marathon, FL 33050

(305) 289-0025

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.02x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

79th percentile

19%

Higher net margin than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

66th percentile

6.5%

Faster asset growth than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

31st percentile

-5.0%

Faster revenue growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,907,381

Up $115,795 (+6.5%) from 2015

Net Assets

Up

$1,889,601

Up $142,908 (+8.2%) from 2015

Liabilities

Down

$17,780

Down $27,113 (-60%) from 2015

Revenue

Down

$741,277

Down $38,715 (-5.0%) from 2015

Expenses

Up

$598,369

Up $78,347 (+15%) from 2015

Net Income

Down

$142,908

Down $117,062 (-45%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $1,430,030Liabilities 2012: $124,427Net Assets 2012: $1,305,6032012Assets 2013: $1,498,326Liabilities 2013: $108,173Net Assets 2013: $1,390,1532013Assets 2014: $1,563,947Liabilities 2014: $77,224Net Assets 2014: $1,486,7232014Assets 2015: $1,791,586Liabilities 2015: $44,893Net Assets 2015: $1,746,6932015Assets 2016: $1,907,381Liabilities 2016: $17,780Net Assets 2016: $1,889,6012016Assets 2017: $2,134,201Liabilities 2017: $24,749Net Assets 2017: $2,109,4522017Assets 2018: $2,349,167Liabilities 2018: $205,715Net Assets 2018: $2,143,4522018Assets 2019: $2,059,599Liabilities 2019: $88,563Net Assets 2019: $1,971,0362019Assets 2020: $2,273,864Liabilities 2020: $318,289Net Assets 2020: $1,955,5752020Assets 2021: $2,297,031Liabilities 2021: $785,314Net Assets 2021: $1,511,7172021Assets 2022: $2,736,729Liabilities 2022: $807,186Net Assets 2022: $1,929,5432022Assets 2023: $2,766,280Liabilities 2023: $809,032Net Assets 2023: $1,957,2482023Assets 2024: $2,624,429Liabilities 2024: $699,774Net Assets 2024: $1,924,6552024Assets 2025: $3,554,966Liabilities 2025: $687,842Net Assets 2025: $2,867,1242025

Highlighted filing

2016

Assets$1,907,381
Liabilities$17,780
Net Assets$1,889,601

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $571,438Expenses 2012: $610,626Net Income 2012: -$39,1882012Expenses 2013: $483,1262013Revenue 2014: $566,672Expenses 2014: $470,102Net Income 2014: $96,5702014Revenue 2015: $779,992Expenses 2015: $520,022Net Income 2015: $259,9702015Revenue 2016: $741,277Expenses 2016: $598,369Net Income 2016: $142,9082016Revenue 2017: $921,474Expenses 2017: $701,623Net Income 2017: $219,8512017Revenue 2018: $959,492Expenses 2018: $925,492Net Income 2018: $34,0002018Revenue 2019: $775,753Expenses 2019: $948,169Net Income 2019: -$172,4162019Revenue 2020: $819,917Expenses 2020: $835,378Net Income 2020: -$15,4612020Revenue 2021: $159,208Expenses 2021: $603,066Net Income 2021: -$443,8582021Revenue 2022: $1,317,780Expenses 2022: $899,954Net Income 2022: $417,8262022Revenue 2023: $1,169,541Expenses 2023: $1,141,836Net Income 2023: $27,7052023Revenue 2024: $1,229,948Expenses 2024: $1,262,541Net Income 2024: -$32,5932024Revenue 2025: $2,201,813Expenses 2025: $1,259,344Net Income 2025: $942,4692025

Highlighted filing

2016

Revenue$741,277
Expenses$598,369
Net Income$142,908
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Sep 10, 2016
Return Version
2015v2.1
Gross Receipts
$880,179
Mission and Program Overview

Mission

RESEARCH AND EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,093,986$1,167,296▲ $73,310
Savings and Temporary Cash Investments$343,472$379,248▲ $35,776
Cash and Non-Interest-Bearing Accounts$329,401$350,349▲ $20,948
Inventories for Sale or Use$20,336$20,336→ $0
Accounts Receivable$-15,197$-29,436▼ $14,239
Total Assets$1,791,586$1,907,381▲ $115,795
Other Assets Total$19,588$19,588→ $0
Liabilities
Other Liabilities$44,530$24,380▼ $20,150
Accounts Payable and Accrued Expenses$363$-6,600▼ $6,963
Total Liabilities$44,893$17,780▼ $27,113
Net Assets / Fund Balance
Unrestricted Net Assets$1,746,693$1,889,601▲ $142,908
Total Net Assets Fund Balance$1,746,693$1,889,601▲ $142,908
Total Liabilities and Net Assets / Fund Balance$1,791,586$1,907,381▲ $115,795

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,167,296$952,269$2,119,565
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don HillerPresident
Mike PutoVice Chair
Bettye ChaplinDirector
Denise DecrowDirector
Duane FrancisDirector
George SteinmetzDirector
Jim RhyneDirector
Kathleen WiljanenDirector
Patty IveyDirector
Richard MalafyDirector
Riet SteinmetzDirector
Jason KolerSecretary
Carolyn AnthonyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$13,821
Program Service Revenue
$612,041
Investment Income
$2,799
Other Revenue
$112,616
All Other Contributions
$12,466
Change in Net Assets
$142,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$353,046
Salaries, Compensation, and Employee Benefits$245,323
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$226,242--$226,242
Depreciation Depletion$54,755--$54,755
All Other Expenses$33,562$4,011-$37,573
Insurance$18,823--$18,823
Payroll Taxes$18,171--$18,171
Fees for Services Accounting$17,632--$17,632
Other Expenses$10,800--$10,800
Advertising$9,761--$9,761
Office Expenses$435$5,928-$6,363
Interest-$922-$922
Other Employee Benefits$910--$910
Fees for Service Investment Mgmnt Fees-$721-$721
Total Functional Expenses$586,787$11,582$0$598,369
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$108,661
Fundraising Direct Expenses$52,291
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Festival$109,782$108,427$51,916$56,511
Total Events$109,782$108,427$51,916$56,511
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unrealized Gain/loss$9,399
Loan - Trudy Murphy$8,053
Bb&t Loan 00001$3,475
Sales Tax Payable$2,839
Payroll Tax Liabilities$614
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Pigeon Key Foundation
EIN
65-0379803
Phone
3052890025
Address
5800 OVERSEAS HIGHWAY SUITE 17, MARATHON, FL 33050

Signing Officer

Name
Don Hiller
Title
President
Signed
2016-09-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Don Hiller
Formed
1992
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
16

Preparer

Firm
Cruz Morato & Associates Cpa&consultants
Address
5800 OVERSEAS HWY STE 17, MARATHON, FL 33050-2737
Preparer
Marlene Cruz Morato CPA
Phone
3057434599
Supplemental Narrative

Additional Explanations

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

Managing and improving the island of pigeon key, a national historic register location, and provide a site for research, education, and historic learning.

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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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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0534066
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt177087
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2888
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MANAGING AND IMPROVING THE ISLAND OF PIGEON KEY, A NATIONAL HISTORIC REGISTER LOCATION, AND PROVIDE A SITE FOR RESEARCH, EDUCATION, AND HISTORIC LEARNING.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt011841
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt048099
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0413
IRS990/PYOtherExpensesAmt0319904
IRS990/PYOtherRevenueAmt0134126
IRS990/PYProgramServiceRevenueAmt0597354
IRS990/PYRevenuesLessExpensesAmt0259970
IRS990/PYSalariesCompEmpBnftPaidAmt0200118
IRS990/PYTotalExpensesAmt0520022
IRS990/PYTotalRevenueAmt0779992
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0142908
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0343472
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0379248
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013821
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt048099
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt030809
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt094764
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt041854
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0229347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0866358
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0835166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0620352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0567924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0600652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03490452
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03719799
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0880179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0883265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0651161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0662688
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0642506
IRS990ScheduleA/Total509Grp/TotalAmt03719799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0880179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0883265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0651161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0662688
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0642506
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03719799
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01167296
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0952269
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02119565
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09399
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23475
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32839
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNREALIZED GAIN/LOSS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN - TRUDY MURPHY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2BB&T LOAN 00001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4PAYROLL TAX LIABILITIES
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01167296
IRS990ScheduleD/TotalLiabilityAmt024380
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01355
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01355
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051916
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ART FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109782
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0109782
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0108427
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0108427
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt056511
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt051916
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt051916
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGING AND IMPROVING THE ISLAND OF PIGEON KEY, A NATIONAL HISTORIC REGISTER LOCATION, AND PROVIDE A SITE FOR RESEARCH, EDUCATION, AND HISTORIC LEARNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01791586
IRS990/TotalAssetsEOYAmt01907381
IRS990/TotalAssetsGrp/BOYAmt01791586
IRS990/TotalAssetsGrp/EOYAmt01907381
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt013821
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011582
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0586787
IRS990/TotalFunctionalExpensesGrp/TotalAmt0598369
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt044893
IRS990/TotalLiabilitiesEOYAmt017780
IRS990/TotalLiabilitiesGrp/BOYAmt044893
IRS990/TotalLiabilitiesGrp/EOYAmt017780
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01746693
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01889601
IRS990/TotalOtherProgSrvcExpenseAmt011841
IRS990/TotalProgramServiceExpensesAmt0586787
IRS990/TotalProgramServiceRevenueAmt0612041
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0671086
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0741277
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01791586
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01907381
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01746693
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01889601
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.PIGEONKEY.NET
IRS990/WhistleblowerPolicyInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.69$2.87$2.20$1.26$0.94
2024Summary only. Only limited summary data is available for this year.$2.62$0.70$1.92$1.23$1.26$0.03
2023Summary only. Only limited summary data is available for this year.$2.77$0.81$1.96$1.17$1.14$0.03
2022Summary only. Only limited summary data is available for this year.$2.74$0.81$1.93$1.32$0.90$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.79$1.51$0.16$0.60$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.32$1.96$0.82$0.84$0.02
2019Summary only. Only limited summary data is available for this year.$2.06$0.09$1.97$0.78$0.95$0.17
2018Summary only. Only limited summary data is available for this year.$2.35$0.21$2.14$0.96$0.93$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.13$0.02$2.11$0.92$0.70$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.02$1.89$0.74$0.60$0.14
2015Detailed filing. Detailed filing data is available for this year.$1.79$0.04$1.75$0.78$0.52$0.26
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.08$1.49$0.57$0.47$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.11$1.39$0.48
2012Summary only. Only limited summary data is available for this year.$1.43$0.12$1.31$0.57$0.61$0.04
Peer Organizations

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