Civic Intelligence

Alvin a Dubin Alzheimer'S Resource

EIN 65-0580633 • 501(c)3 • Fort Myers, FL

Profile

Provide educational, informational, and supportive resources for individuals with alzheimer's disease and related disorders and their caregivers in lee county, florida.

12685 New Brittany BoulevardFort Myers, FL 33907

www.dubincenter.com

Siviq Scores

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

Liabilities / Assets

65th percentile

0.18x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.39x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$83,277

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 11.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

44th percentile

1.5%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

18%

Faster revenue growth than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,576,342

Up $23,240 (+1.5%) from 2023

Liabilities

Down

$278,814

Down $72,139 (-21%) from 2023

Net Assets

Up

$1,297,528

Up $95,379 (+7.9%) from 2023

Revenue

Up

$719,043

Up $111,537 (+18%) from 2023

Expenses

Up

$633,242

Up $63,942 (+11%) from 2023

Net Income

Up

$85,801

Up $47,595 (+125%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,435,526Liabilities 2011: $2,094Net Assets 2011: $1,433,4322011Assets 2012: $1,517,129Liabilities 2012: $9,006Net Assets 2012: $1,508,1232012Assets 2013: $1,474,310Liabilities 2013: $5,110Net Assets 2013: $1,469,2002013Assets 2014: $1,345,941Liabilities 2014: $10,433Net Assets 2014: $1,335,5082014Assets 2015: $1,216,426Liabilities 2015: $6,524Net Assets 2015: $1,209,9022015Assets 2016: $1,421,859Liabilities 2016: $1,632Net Assets 2016: $1,420,2272016Assets 2017: $1,289,375Liabilities 2017: $0Net Assets 2017: $1,289,3752017Assets 2018: $1,101,350Liabilities 2018: $3,548Net Assets 2018: $1,097,8022018Assets 2019: $944,439Liabilities 2019: $25,121Net Assets 2019: $919,3182019Assets 2020: $1,046,308Liabilities 2020: $164,117Net Assets 2020: $882,1912020Assets 2021: $1,053,423Liabilities 2021: $163,078Net Assets 2021: $890,3452021Assets 2022: $1,467,373Liabilities 2022: $427,066Net Assets 2022: $1,040,3072022Assets 2023: $1,553,102Liabilities 2023: $350,953Net Assets 2023: $1,202,1492023Assets 2024: $1,576,342Liabilities 2024: $278,814Net Assets 2024: $1,297,5282024

Highlighted filing

2024

Assets$1,576,342
Liabilities$278,814
Net Assets$1,297,528

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $459,700Expenses 2011: $344,553Net Income 2011: $115,1472011Revenue 2012: $489,537Expenses 2012: $414,846Net Income 2012: $74,6912012Revenue 2013: $403,380Expenses 2013: $442,303Net Income 2013: -$38,9232013Revenue 2014: $326,370Expenses 2014: $460,062Net Income 2014: -$133,6922014Revenue 2015: $332,586Expenses 2015: $458,192Net Income 2015: -$125,6062015Revenue 2016: $665,067Expenses 2016: $482,737Net Income 2016: $182,3302016Revenue 2017: $301,224Expenses 2017: $468,858Net Income 2017: -$167,6342017Revenue 2018: $291,582Expenses 2018: $511,133Net Income 2018: -$219,5512018Revenue 2019: $251,725Expenses 2019: $455,338Net Income 2019: -$203,6132019Revenue 2020: $341,751Expenses 2020: $402,508Net Income 2020: -$60,7572020Revenue 2021: $449,174Expenses 2021: $449,320Net Income 2021: -$1462021Revenue 2022: $774,415Expenses 2022: $517,049Net Income 2022: $257,3662022Revenue 2023: $607,506Expenses 2023: $569,300Net Income 2023: $38,2062023Revenue 2024: $719,043Expenses 2024: $633,242Net Income 2024: $85,8012024

Highlighted filing

2024

Revenue$719,043
Expenses$633,242
Net Income$85,801

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.58$0.28$1.30$0.72$0.63$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.55$0.35$1.20$0.61$0.57$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.47$0.43$1.04$0.77$0.52$0.26
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.16$0.89$0.45$0.45$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.05$0.16$0.88$0.34$0.40$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.94$0.03$0.92$0.25$0.46$0.20
2018Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.29$0.51$0.22
2017Summary only. Only limited summary data is available for this year.$1.29$0.00$1.29$0.30$0.47$0.17
2016Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$0.67$0.48$0.18
2015Summary only. Only limited summary data is available for this year.$1.22$0.01$1.21$0.33$0.46$0.13
2014Summary only. Only limited summary data is available for this year.$1.35$0.01$1.34$0.33$0.46$0.13
2013Summary only. Only limited summary data is available for this year.$1.47$0.01$1.47$0.40$0.44$0.04
2012Summary only. Only limited summary data is available for this year.$1.52$0.01$1.51$0.49$0.41$0.07
2011Summary only. Only limited summary data is available for this year.$1.44$0.00$1.43$0.46$0.34$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 3, 2025
Return Version
2024v5.0
Gross Receipts
$994,763
Mission and Program Overview

Mission

Provide educational, informational, and supportive resources for individuals with alzheimer's disease and related disorders and their caregivers in lee county, florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,342,013$1,357,302▲ $15,289
Cash and Non-Interest-Bearing Accounts$56,173$104,952▲ $48,779
Prepaid Expenses and Deferred Charges$25,864$17,367▼ $8,497
Land, Buildings, and Equipment, Net$6,005$3,740▼ $2,265
Total Assets$1,553,102$1,576,342▲ $23,240
Other Assets Total$123,047$92,981▼ $30,066
Liabilities
Mortgage Notes Payable Secured by Investment Property$143,008$139,995▼ $3,013
Other Liabilities$116,283$85,472▼ $30,811
Accounts Payable and Accrued Expenses$43,676$51,386▲ $7,710
Deferred Revenue$47,986$1,961▼ $46,025
Total Liabilities$350,953$278,814▼ $72,139
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,195,711$1,291,090▲ $95,379
Net Assets With Donor Restrictions$6,438$6,438→ $0
Total Net Assets Fund Balance$1,202,149$1,297,528▲ $95,379
Total Liabilities and Net Assets / Fund Balance$1,553,102$1,576,342▲ $23,240

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,878$20,583$23,461
Other Land Buildings$862$10,830$11,692
Other Assets Org$16,614--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lynne ThorpExecutive DiFT$68,122$15,155$83,277
Christine LoconteExecutive DiFT$43,232$2,785$46,017

Board Members and Trustees

NameTitle
Danielle DyerPresident
Jo StecherV. President
Britton SwankDirector
Carl ScharfenbergDirector
Dawn MooreDirector
Troy ChurchillDirector
Candace ThieleAdvisory COU
Jamie SenecaMember at La
Halcyon St HillSecretary
AL O'DONNELLTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$560,938
Program Service Revenue
$0
Investment Income
$172,938
Other Revenue
$-14,833
All Other Contributions
$384,767
Change in Net Assets
$85,801

Audited Revenue Reconciliation

Revenue per Audited Statements
$711,650
Revenue Not Reported on Financial Statements
$7,393
Revenue Not Reported on Form 990
$28,142
Total Revenue per Audited Statements
$739,792
Total Revenue per Form 990
$719,043
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$462,850
Other Expenses$170,392
Total Fundraising Expense$28,106
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$226,024$12,511$12,511$251,046
Current Officers, Directors, Trustees, and Key Employees$100,255$5,549$5,549$111,353
Other Employee Benefits$59,236$6,627$6,628$72,491
Occupancy$40,169$6,633-$46,802
Fees for Services Other$29,799$12,857-$42,656
Payroll Taxes$25,211$1,375$1,374$27,960
Office Expenses$18,125$5,625-$23,750
Advertising$18,594-$855$19,449
Insurance$6,915$1,740-$8,655
Fees for Service Investment Mgmnt Fees-$7,393-$7,393
Travel$4,654$116-$4,770
Interest-$4,149-$4,149
Depreciation Depletion$2,266--$2,266
Other Expenses$280$1,692$1,189$280
Total Functional Expenses$536,778$68,358$28,106$633,242

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$644,413
Total Expenses per Form 990$633,242
Expenses per Audited Statements$625,849
Expenses Not Reported on Form 990$18,564
Expenses Not Reported on Financial Statements$7,393
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,564
Fundraising Gross Income$1,564
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Brushstrokes$68,718$1,564$3,195$-1,631
Total Events$68,718$1,564$18,564$-17,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$85,472
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 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 7A

The board of trustees shall be elected by a majority vote of the members present at the annual meeting. At the annual meeting held after the adoption of these by-laws, an election of the board of trustees shall be held by the members: one-third (1/3) shall be elected for a term of one (1) year; one-third (1/3) for a term of two (2) years; and on-third (1/3) for a term of three (3) years. If there should be a number of trustees which cannot be divided by three(3), then the extra number of trustees shall serve (3) year terms. At each subsequent annual meeting a number of trustees shall be elected for the term of three (3) years to replace those trustees whose terms have expired.

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

Upon completion by cpa preparer,the board of trustees of the alvin a. Dubin alzheimer's resource center will review the form 990 prior to filing the form with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Trustee conflicts of interest: all members of the board shall scrupulously avoid any conflict between their own respective individual interests and the interests of the corporation in any and all actions taken by them in their capacities as trustees. In any matter pending before the board, the trustees shall advise that a conflict of interest exists, shall refrain from voting on any matters pertaining to such issue, shall not be counted for the purpose of determining a quorum as to such issue, and this shall be so noted in the minutes by the secretary. The foregoing requirements, however, should not be constructed to prevent a particular trustee from answering pertinent factual questions to the other trustees in reaching their decision. An individual cannot serve on the board of trustees if that individual serves on the board of trustees or directors or the advisory board of an organization similar in purpose to alvin a. Dubin alzheimer's resource center, inc. Advisory council member conflicts of interest: an individual cannot serve on the advisory council if that individual serves on the board of trustees or directors or the advisory board council of an organization similar in purpose to alvin a. Dubin alzheimer's resource center, inc. Employee conflicts of interest and outside activities: the center prohibits its employees from engaging in any activity in conflict with the interest of the center or its clients. Employees are also prohibited from taking an active part in political campaigns during working hours, or from using their official office to secure support for a political candidate or issue in public election. Outside employment is not prohibited so long as the outside employment does not adversely affect the employee's work at the center or compete in any way with the center's business. Involvement in unrelated jobs or interests on company time will not be tolerated. An employee engaging in outside activity shall not use the center facilities, equipment, or supplies in conjuction with such outside activity without prior approval from the executive director. Any request for such activity should be submitted in writing to the executive director.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation for ed and employees is through an annual evaluation which is completed by management and the employee which results in a score and smart goals for the upcoming year. The increase in salary (if awarded) is determined by the finance committee during the budgeting process the preceding year. The base salary for staff is determined through local market research with organiziations who hire similar positions (namely lee healthy and cypress cove) where the dubin center aims to achieve the mid-point of these competing salary ranges all else being equal.

Form 990, Page 6, Part VI, Line 15B

It is the objective of the dubin alzheimer's resource center to establish and maintain a compensation program that will: - attract and retain qualified employees at all levels of responsibility who perform in a manner that permits the center to achieve its objectivies and goals; - reflect the relative value of jobs; - be externally competitive and internally consistent and fair; - provide flexibility (based upon availability of funds) toward employees on the basis of individual performance and contribution to the achievement of the center's goals; - foster good employeess understanding and relationships; - reward employees for their knowledge and contributions to the center; and - comply with the state and federal laws and regulations. With respect to levels of pay, based on the availability of funds, it is the goal of the dubin alzheimer's resource center, inc. To: - maintain levels of pay and benefits that are competitive with the average compensation of employers offering similar employment and competing in the same labor market; and - establish pay levels based on availibility of funds, timely surveys of pay rates and benefits of similar organizations. With respect to all positions except that of the executive director, it is the duty of the executive director to evaluate each position to determine its worth relative to the market and other positions in the organization, based on the objectives set forth above. Comparable salary information may be obtained using consultants, published national surveys, local research, or by relying on guidestar for posted irs 990s. The executive director then reports this information to the board of trustees for discussion and vote in the budgeting process. When due to limited funds, the financial benefits of employment must be limited, the board of trustees may consider a more flexible working environment and opportunities for professional development for all employees.

Form 990, Page 6, Part VI, Line 19

Governing documents disclosure explanation: the alvin a. Dubin alzheimer's resource center makes its governing documents, conflict of interest policy, and financial statements available to the public at the center's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
ALVIN A DUBIN ALZHEIMER'S RESOURCE
EIN
65-0580633
Phone
2394373007
Address
12685 NEW BRITTANY BOULEVARD, FORT MYERS, FL 33907

Signing Officer

Name
Christine Loconte
Title
Executive Director
Phone
2394373007
Signed
2025-07-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christine Loconte
Formed
1995
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
8
Volunteers
35

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

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

The dubin center provided free support and educational services to caregivers and individuals impacted by dementia-related conditions throughout 2024. We served 630 individual clients through 2,990 interactions, offering personalized, compassionate assistance tailored to each family's needs. Our services included a wide range of in-person and virtual support groups, addressing unique caregiving situations such as early-stage dementia, frontotemporal dementia (ftd), grief, and male caregivers, as well as general caregiver discussion groups. These groups offered caregivers a space for shared learning, emotional support, and community connection. We delivered evidence-based caregiver education through the 6-week savvy caregiver program and dealing with dementia, empowering caregivers with practical skills, strategies, and confidence to navigate the complex demands of dementia care. Additionally, we became certified in late 2024 to offer the 3-week savvy caregiver express course, with implementation set to begin in 2025, expanding access and convenience for busy caregivers. Our "out and about" program provided dementia-friendly outings to local community venues, offering participants joyful, meaningful experiences while promoting social engagement. A key benefit of this program was its role in fostering greater public understanding and acceptance of dementia by partnering with local businesses and cultural institutions to create more inclusive environments. The memory caf offered caregivers and their loved ones a relaxed, failure-free space to enjoy social, creative, and recreational activities together, helping reduce isolation and strengthen relationships. We offered the virtual dementia tour to caregivers, professionals, and community members, providing an immersive experience that simulated the sensory and cognitive challenges of dementia. This powerful program increased empathy and understanding, with social workers providing one-on- one debrief sessions afterward to deepen learning. Our licensed social workers conducted free memory screenings using validated tools and provided one-on-one consultations to help caregivers understand available services, access referrals, and plan their next steps. These individualized consultations were a critical resource for families seeking guidance at every stage of the dementia journey.

Form 990, Part XI, Line 9

Fund raise expense 18,564 fund raise expense -18,564

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has determined that the organization is exempt from federal income taxes under section 501(c)3 of the internal revenue code. The organization is a not-for-profit florida corporation and therefore is not subject to state income tax taxes. The internal revenue code provides for taxation of unrelated business income under certain circumstances. The organization reports no unrelated business taxable income, however, such status is subject to final determination upon examination of the related tax returns by the appropriate taxing authorities. The organization's tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the organization remain open to examination by these government agencies. The organization follows asc topic 740, "income taxes" in accounting for uncertain tax positions. The organization has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that the organization has taken no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expense, if required.

Schedule D, Page 4, Part XI, Line 2D

Fund raise expense 18,564

Schedule D, Page 4, Part XII, Line 2D

Fund raise expense 18,564

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IRS990/ActivityOrMissionDesc0PROVIDE EDUCATIONAL, INFORMATIONAL, AND SUPPORTIVE RESOURCES FOR INDIVIDUALS WITH ALZHEIMER'S DISEASE AND RELATED DISORDERS AND THEIR CAREGIVERS IN LEE COUNTY, FLORIDA.
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IRS990/Desc0THE DUBIN CENTER PROVIDED FREE SUPPORT AND EDUCATIONAL SERVICES TO CAREGIVERS AND INDIVIDUALS IMPACTED BY DEMENTIA-RELATED CONDITIONS THROUGHOUT 2024. WE SERVED 630 INDIVIDUAL CLIENTS THROUGH 2,990 INTERACTIONS, OFFERING PERSONALIZED, COMPASSIONATE ASSISTANCE TAILORED TO EACH FAMILY'S NEEDS. OUR SERVICES INCLUDED A WIDE RANGE OF IN-PERSON AND VIRTUAL SUPPORT GROUPS, ADDRESSING UNIQUE CAREGIVING SITUATIONS SUCH AS EARLY-STAGE DEMENTIA, FRONTOTEMPORAL DEMENTIA (FTD), GRIEF, AND MALE CAREGIVERS, AS WELL AS GENERAL CAREGIVER DISCUSSION GROUPS. THESE GROUPS OFFERED CAREGIVERS A SPACE FOR SHARED LEARNING, EMOTIONAL SUPPORT, AND COMMUNITY CONNECTION. WE DELIVERED EVIDENCE-BASED CAREGIVER EDUCATION THROUGH THE 6-WEEK SAVVY CAREGIVER PROGRAM AND DEALING WITH DEMENTIA, EMPOWERING CAREGIVERS WITH PRACTICAL SKILLS, STRATEGIES, AND CONFIDENCE TO NAVIGATE THE COMPLEX DEMANDS OF DEMENTIA CARE. ADDITIONALLY, WE BECAME CERTIFIED IN LATE 2024 TO OFFER THE 3-WEEK SAVVY CAREGIVER EXPRESS COURSE, WITH IMPLEMENTATION SET TO BEGIN IN 2025, EXPANDING ACCESS AND CONVENIENCE FOR BUSY CAREGIVERS. OUR "OUT AND ABOUT" PROGRAM PROVIDED DEMENTIA-FRIENDLY OUTINGS TO LOCAL COMMUNITY VENUES, OFFERING PARTICIPANTS JOYFUL, MEANINGFUL EXPERIENCES WHILE PROMOTING SOCIAL ENGAGEMENT. A KEY BENEFIT OF THIS PROGRAM WAS ITS ROLE IN FOSTERING GREATER PUBLIC UNDERSTANDING AND ACCEPTANCE OF DEMENTIA BY PARTNERING WITH LOCAL BUSINESSES AND CULTURAL INSTITUTIONS TO CREATE MORE INCLUSIVE ENVIRONMENTS. THE MEMORY CAF OFFERED CAREGIVERS AND THEIR LOVED ONES A RELAXED, FAILURE-FREE SPACE TO ENJOY SOCIAL, CREATIVE, AND RECREATIONAL ACTIVITIES TOGETHER, HELPING REDUCE ISOLATION AND STRENGTHEN RELATIONSHIPS. WE OFFERED THE VIRTUAL DEMENTIA TOUR TO CAREGIVERS, PROFESSIONALS, AND COMMUNITY MEMBERS, PROVIDING AN IMMERSIVE EXPERIENCE THAT SIMULATED THE SENSORY AND COGNITIVE CHALLENGES OF DEMENTIA. THIS POWERFUL PROGRAM INCREASED EMPATHY AND UNDERSTANDING, WITH SOCIAL WORKERS PROVIDING ONE-ON- ONE DEBRIEF SESSIONS AFTERWARD TO DEEPEN LEARNING. OUR LICENSED SOCIAL WORKERS CONDUCTED FREE MEMORY SCREENINGS USING VALIDATED TOOLS AND PROVIDED ONE-ON-ONE CONSULTATIONS TO HELP CAREGIVERS UNDERSTAND AVAILABLE SERVICES, ACCESS REFERRALS, AND PLAN THEIR NEXT STEPS. THESE INDIVIDUALIZED CONSULTATIONS WERE A CRITICAL RESOURCE FOR FAMILIES SEEKING GUIDANCE AT EVERY STAGE OF THE DEMENTIA JOURNEY.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS A NOT-FOR-PROFIT FLORIDA CORPORATION AND THEREFORE IS NOT SUBJECT TO STATE INCOME TAX TAXES. THE INTERNAL REVENUE CODE PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. THE ORGANIZATION REPORTS NO UNRELATED BUSINESS TAXABLE INCOME, HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION OF THE RELATED TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITIES. THE ORGANIZATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. CERTAIN INCOME TAX RETURNS FILED BY THE ORGANIZATION REMAIN OPEN TO EXAMINATION BY THESE GOVERNMENT AGENCIES. THE ORGANIZATION FOLLOWS ASC TOPIC 740, "INCOME TAXES" IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND ANY ESTIMATES UTILIZED IN ITS TAX RETURNS, AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS WILL BE RECOGNIZED IN INCOME TAX EXPENSE, IF REQUIRED.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 2D
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