Civic Intelligence

Collins Center for Public Policy Inc

EIN 65-0397159 • 501(c)3 • Pompano Beach, FL

Profile

The primary goal of the organization is the gathering of knowledge of Florida's most pressing needs,

PO Box 8850Pompano Beach, FL 33071

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2015

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2015

Top Officer Pay

89th percentile

$26,000

Higher top officer pay than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2014 to 2015

Assets

Down

$0

Down $724,772 (-100%) from 2014

Liabilities

Down

$0

Down $4,165,848 (-100%) from 2014

Net Assets

Up

$0

Up $3,441,076 (+100%) from 2014

Revenue

Up

$0

Up $2,157,061 (+100%) from 2014

Expenses

Up

$713,711

Up $529,708 (+288%) from 2014

Net Income

Up

-$713,711

Up $1,627,353 (+70%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0MAssets 2011: $6,578,658Liabilities 2011: $4,799,218Net Assets 2011: $1,779,4402011Assets 2013: $3,093,252Liabilities 2013: $4,193,264Net Assets 2013: -$1,100,0122013Assets 2014: $724,772Liabilities 2014: $4,165,848Net Assets 2014: -$3,441,0762014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2015

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $13,761,3512011Revenue 2013: $2,566,648Expenses 2013: $6,020,205Net Income 2013: -$3,453,5572013Revenue 2014: -$2,157,061Expenses 2014: $184,003Net Income 2014: -$2,341,0642014Revenue 2015: $0Expenses 2015: $713,711Net Income 2015: -$713,7112015

Highlighted filing

2015

Revenue$0
Expenses$713,711
Net Income-$713,711

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 26, 2016
Return Version
2014v6.0
Gross Receipts
$0
Mission and Program Overview

Mission

The primary goal of the organization is the gathering of knowledge of Florida's most pressing needs,

Gathering knowledge of Florida's most pressing needs and assesing and developing of effective ways and means for meeting those needs for the good of all citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$713,711--
Prepaid Expenses and Deferred Charges$11,061--
Total Assets$724,772$0▼ $724,772
Liabilities
Accounts Payable and Accrued Expenses$4,148,423--
Deferred Revenue$17,425--
Total Liabilities$4,165,848$0▼ $4,165,848
Net Assets / Fund Balance
Unrestricted Net Assets$-3,441,076--
Total Net Assets Fund Balance$-3,441,076$0▲ $3,441,076
Total Liabilities and Net Assets / Fund Balance$724,772$0▼ $724,772
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ismael DiazLiquidating TrusteeFT$26,000$26,000

Board Members and Trustees

NameTitle
Merret StierheimChairman
Leroy CollinsDirector
Joe OglesbyTrustee
Parker ThomsonTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-713,711
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$690,617
Salaries, Compensation, and Employee Benefits$23,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$680,000$0$680,000
Current Officers, Directors, Trustees, and Key Employees$0$16,000$0$16,000
Fees for Services Management$0$5,250$0$5,250
Other Employee Benefits$0$5,015$0$5,015
Payroll Taxes$0$2,079$0$2,079
Information Technology$0$614$0$614
Travel$0$451$0$451
Office Expenses$0$423$0$423
Fees for Services Legal$0$239$0$239
Total Functional Expenses$0$713,711$0$713,711
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
No
Audit committee
No
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
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
Filing and Contact Details

Filer

Filer Name
Collins Center For Public Policy Inc
EIN
65-0397159
Phone
3058420393
Address
PO Box 8850, Pompano Beach, FL 33071

Signing Officer

Name
Ismael Diaz
Title
Liquidating Trustee
Phone
3058420393
Signed
2016-04-26

Organization Details

Formed
1994
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
0

Preparer

Firm
Manuel A Hernandez CPA
Address
10770 NW 66th street apt 509, Doral, FL 33178
Preparer
Manuel a Hernandez
Supplemental Narrative

Additional Explanations

Pt III, Line 3

The organization ceased operations December 2014 and the remaining assets (cash $565,790.78)was transferred to The Leroy Collins Legacy Group Inc. (ID number 47-1786674). This organization is exempt under section 501(c)(3)

Pt VI, Line 8A

Meetings of the governing body are documented.

Pt VI, Line 8B

Each committee is authorized to act on behalf of the governing body.

Pt VI, Line 11B

The form 990 is reviewed by all members of the governing body before it is filed.

Pt VI, Line 18

The organization makes all governing documents, polices, and financial statements available upon request.

Pt VI, Line 19

The organization has not had any request for any of its documents during the fiscal year ended 6/30/2015.

Pt X

Line 17 liability is contains reserve($2,930,105) pertaining to the Collins Center Alternative Resolution Program effectively ended January 31st 2013. Since the liablity reserve was made in good faith, has never been contested on its own or through our dissolution notice and has been stagnant for 6 years, the executive committee unanimously believe that the Collins Center is no longer obligated to this liability reserve.

Pt X

Line 17 This liability also contains ($1,158,988)of the cancellations of office leases, consistant with the trustee's decision to proceed withdissolution. The Center's liability dissipates when the vacated office space is re-leased. The Collin Center has not been sued for this liability, and the landlords have not claimed nor communicated for more than three years. The executive commttee unanimously believe tha the Collins Center is no longer obligated for this liability.

Pt XI

Other changes in net assets to record transfer of assets and the liquidation of all debt.

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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0As part of the orderly liquidation and dissolution of the Collins Center for Public Policy Inc. the remaining assets (cash) were temporarily transferred to Collins Center Liquidating Trust Corp (EIN 47-1885064). This company is owned by Leroy Collins Legacy Group Inc.(EIN 47-1786674)and has exempt status under section 501(c)(3). On November 23rd 2015 all the assets of the Liquidating Trust were transferred to Leroy Collins Legacy Group Inc. Mr. Diaz, under the direction of the executive board, managed the dissolution of the Colliins Center and the ultimate transfer to Leroy Collins Legacy Group Inc.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization ceased operations December 2014 and the remaining assets (cash $565,790.78)was transferred to The Leroy Collins Legacy Group Inc. (ID number 47-1786674). This organization is exempt under section 501(c)(3)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Meetings of the governing body are documented.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each committee is authorized to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The form 990 is reviewed by all members of the governing body before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes all governing documents, polices, and financial statements available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization has not had any request for any of its documents during the fiscal year ended 6/30/2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Line 17 liability is contains reserve($2,930,105) pertaining to the Collins Center Alternative Resolution Program effectively ended January 31st 2013. Since the liablity reserve was made in good faith, has never been contested on its own or through our dissolution notice and has been stagnant for 6 years, the executive committee unanimously believe that the Collins Center is no longer obligated to this liability reserve.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Line 17 This liability also contains ($1,158,988)of the cancellations of office leases, consistant with the trustee's decision to proceed withdissolution. The Center's liability dissipates when the vacated office space is re-leased. The Collin Center has not been sued for this liability, and the landlords have not claimed nor communicated for more than three years. The executive commttee unanimously believe tha the Collins Center is no longer obligated for this liability.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other changes in net assets to record transfer of assets and the liquidation of all debt.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
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ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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