Civic Intelligence

Pigeon Key Foundation Inc

990 • Fiscal year 2017 • EIN 65-0379803

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 06, 2020

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

27th percentile

0.01x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

76th percentile

24%

Faster revenue growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,134,201

Up $226,820 (+12%) from 2016

Net Assets

Up

$2,109,452

Up $219,851 (+12%) from 2016

Liabilities

Up

$24,749

Up $6,969 (+39%) from 2016

Revenue

Up

$921,474

Up $180,197 (+24%) from 2016

Expenses

Up

$701,623

Up $103,254 (+17%) from 2016

Net Income

Up

$219,851

Up $76,943 (+54%) from 2016

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

2017

Assets$2,134,201
Liabilities$24,749
Net Assets$2,109,452

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

2017

Revenue$921,474
Expenses$701,623
Net Income$219,851
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 6, 2020
Return Version
2016v3.0
Gross Receipts
$1,213,861
Mission and Program Overview

Mission

RESEARCH AND EDUCATION

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,167,296$1,194,797▲ $27,501
Cash and Non-Interest-Bearing Accounts$350,349$540,473▲ $190,124
Savings and Temporary Cash Investments$379,248$394,068▲ $14,820
Inventories for Sale or Use$20,336$20,336→ $0
Accounts Receivable$-29,436$-35,093▼ $5,657
Total Assets$1,907,381$2,134,201▲ $226,820
Other Assets Total$19,588$19,620▲ $32
Liabilities
Other Liabilities$24,380$27,749▲ $3,369
Accounts Payable and Accrued Expenses$-6,600$-3,000▲ $3,600
Total Liabilities$17,780$24,749▲ $6,969
Net Assets / Fund Balance
Unrestricted Net Assets$1,889,601$2,109,452▲ $219,851
Total Net Assets Fund Balance$1,889,601$2,109,452▲ $219,851
Total Liabilities and Net Assets / Fund Balance$1,907,381$2,134,201▲ $226,820

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,194,797$1,011,259$2,206,056
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
$2,575
Program Service Revenue
$671,883
Investment Income
$12,802
Other Revenue
$234,214
All Other Contributions
$2,194
Change in Net Assets
$219,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$392,206
Salaries, Compensation, and Employee Benefits$309,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$286,213--$286,213
Depreciation Depletion$58,990--$58,990
Fees for Services Accounting$41,496--$41,496
All Other Expenses$33,334$3,768-$37,102
Advertising$28,733--$28,733
Payroll Taxes$22,204--$22,204
Insurance$21,024--$21,024
Other Expenses$10,800--$10,800
Office Expenses$523$4,845-$5,368
Fees for Service Investment Mgmnt Fees-$3,303-$3,303
Other Employee Benefits$1,000--$1,000
Travel$358--$358
Interest-$13-$13
Total Functional Expenses$689,694$11,929$0$701,623
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$114,557
Fundraising Direct Expenses$58,196
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Art Festival$114,815$114,434$57,796$56,638
Total Events$114,815$114,434$57,796$56,638
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$14,852
Loan - Trudy Murphy$8,053
Sales Tax Payable$3,995
Payroll Tax Liabilities$849
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
2020-12-06
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
14

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/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION
IRS990/ProgramServiceRevenueGrp/Desc1ADMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc2MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0583030
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt187596
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21257
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0583030
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187596
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21257
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/ExpenseAmt017549
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt013821
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02799
IRS990/PYOtherExpensesAmt0353046
IRS990/PYOtherRevenueAmt0112616
IRS990/PYProgramServiceRevenueAmt0612041
IRS990/PYRevenuesLessExpensesAmt0142908
IRS990/PYSalariesCompEmpBnftPaidAmt0245323
IRS990/PYTotalExpensesAmt0598369
IRS990/PYTotalRevenueAmt0741277
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0219851
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0379248
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0394068
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt013821
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048099
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030809
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt094764
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0190068
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01020201
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0866358
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0835166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0620352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0567924
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03910001
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt04100069
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01022776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0880179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0883265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0651161
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0662688
IRS990ScheduleA/Total509Grp/TotalAmt04100069
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01022776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0880179
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0883265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0651161
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0662688
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04100069
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01194797
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01011259
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02206056
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014852
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18053
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNREALIZED GAIN/LOSS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN - TRUDY MURPHY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL TAX LIABILITIES
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01194797
IRS990ScheduleD/TotalLiabilityAmt027749
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0381
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0381
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt057796
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ART FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0114815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0114815
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0114434
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0114434
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt056638
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt057796
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt057796
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/TotalAssetsBOYAmt01907381
IRS990/TotalAssetsEOYAmt02134201
IRS990/TotalAssetsGrp/BOYAmt01907381
IRS990/TotalAssetsGrp/EOYAmt02134201
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02575
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011929
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0689694
IRS990/TotalFunctionalExpensesGrp/TotalAmt0701623
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt017780
IRS990/TotalLiabilitiesEOYAmt024749
IRS990/TotalLiabilitiesGrp/BOYAmt017780
IRS990/TotalLiabilitiesGrp/EOYAmt024749
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01889601
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02109452
IRS990/TotalOtherProgSrvcExpenseAmt017549
IRS990/TotalProgramServiceExpensesAmt0689694
IRS990/TotalProgramServiceRevenueAmt0671883
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0862538
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0921474
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01907381
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02134201
IRS990/TravelGrp/ProgramServicesAmt0358
IRS990/TravelGrp/TotalAmt0358
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

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
2017Detailed filing. Detailed filing data is available for this year.$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