Civic Intelligence

Solutions to Avoid Red Tide Inc.

990 • Fiscal year 2023 • EIN 65-0688476

Jan 01, 2023 to Dec 31, 2023 • Filed on Jan 25, 2024

P O Box 642Tallevast, FL 34270

(941) 351-7719

Siviq Scores

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

Liabilities / Assets

85th percentile

0.24x

Higher debt load relative to assets than 85% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

0.28x

Higher debt load relative to revenue than 89% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

61st percentile

9.9%

Higher net margin than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.1%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

-3.0%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$240,080

Flat from 2023

Net Assets

Flat

$182,163

Flat from 2023

Liabilities

Flat

$57,917

Flat from 2023

Revenue

Flat

$208,608

Flat from 2023

Expenses

Flat

$187,866

Flat from 2023

Net Income

Flat

$20,742

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $90,826Liabilities 2010: $1,996Net Assets 2010: $88,8302010Assets 2011: $119,352Liabilities 2011: $259Net Assets 2011: $119,0932011Assets 2012: $146,091Liabilities 2012: $02012Assets 2013: $138,052Liabilities 2013: $0Net Assets 2013: $138,0522013Assets 2014: $179,605Liabilities 2014: $1,8562014Assets 2015: $155,935Liabilities 2015: $02015Assets 2016: $87,303Liabilities 2016: $1,2332016Assets 2017: $17,456Liabilities 2017: $02017Assets 2018: $34,427Liabilities 2018: $1,024Net Assets 2018: $33,4032018Assets 2019: $18,894Liabilities 2019: $171Net Assets 2019: $18,7232019Assets 2020: $41,413Liabilities 2020: $0Net Assets 2020: $41,4132020Assets 2021: $97,257Liabilities 2021: $02021Assets 2022: $239,869Liabilities 2022: $78,448Net Assets 2022: $161,4212022Assets 2023: $240,080Liabilities 2023: $57,917Net Assets 2023: $182,1632023Assets 2023: $240,080Liabilities 2023: $57,917Net Assets 2023: $182,1632023Assets 2025: $299,914Liabilities 2025: $192,719Net Assets 2025: $107,1952025

Highlighted filing

2023

Assets$240,080
Liabilities$57,917
Net Assets$182,163

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $88,971Expenses 2010: $138,678Net Income 2010: -$49,7072010Revenue 2011: $111,044Expenses 2011: $80,781Net Income 2011: $30,2632011Revenue 2012: $92,065Expenses 2012: $65,067Net Income 2012: $26,9982012Revenue 2013: $55,736Expenses 2013: $63,775Net Income 2013: -$8,0392013Revenue 2014: $85,126Expenses 2014: $45,429Net Income 2014: $39,6972014Revenue 2015: $52,480Expenses 2015: $74,294Net Income 2015: -$21,8142015Revenue 2016: $65,632Expenses 2016: $135,497Net Income 2016: -$69,8652016Revenue 2017: $42,160Expenses 2017: $110,774Net Income 2017: -$68,6142017Revenue 2018: $65,312Expenses 2018: $49,364Net Income 2018: $15,9482018Revenue 2019: $44,819Expenses 2019: $58,262Net Income 2019: -$13,4432019Revenue 2020: $52,606Expenses 2020: $30,087Net Income 2020: $22,5192020Revenue 2021: $110,999Expenses 2021: $55,156Net Income 2021: $55,8432021Revenue 2022: $215,051Expenses 2022: $150,977Net Income 2022: $64,0742022Revenue 2023: $208,608Expenses 2023: $187,866Net Income 2023: $20,7422023Revenue 2023: $208,608Expenses 2023: $187,866Net Income 2023: $20,7422023Revenue 2025: $248,208Expenses 2025: $276,086Net Income 2025: -$27,8782025

Highlighted filing

2023

Revenue$208,608
Expenses$187,866
Net Income$20,742
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jan 25, 2024
Return Version
2023v4.0
Gross Receipts
$208,608
Mission and Program Overview

Mission

Working to reduce excess nutrients in our waterways that feed red tide and other harmful algal blooms.

Reduce excess nutrients in our coastal waterways and increase public awareness about the importance of preserving our marine environmentr

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$237,127$214,456▼ $22,671
Rtn Earn Endowment Incm Other Fnds$161,421--
Savings and Temporary Cash Investments-$21,479-
Prepaid Expenses and Deferred Charges$1,562$2,496▲ $934
Land, Buildings, and Equipment, Net$1,180$768▼ $412
Receivables From Officers Etc$0--
Total Assets$239,869$240,080▲ $211
Other Assets Total-$881-
Liabilities
Deferred Revenue$77,000$56,000▼ $21,000
Accounts Payable and Accrued Expenses$1,448$1,917▲ $469
Total Liabilities$78,448$57,917▼ $20,531
Net Assets / Fund Balance
Total Net Assets Fund Balance$161,421$182,163▲ $20,742
Total Liabilities and Net Assets / Fund Balance$239,869$240,080▲ $211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Land$0--
Equipment$768$4,894-
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023----$0
2022----$0
2021----$0
2020----$0
2019----$0
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$208,606
Program Service Revenue
$0
Investment Income
$2
Other Revenue
$0
All Other Contributions
$194,106
Change in Net Assets
$20,742

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$137,788
Other Expenses$36,127
Salaries, Compensation, and Employee Benefits$13,951
Total Fundraising Expense$1,407
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$137,788--$137,788
Other Salaries and Wages-$12,960-$12,960
All Other Expenses$24,684$-18,275$944$7,353
Fees for Services Accounting-$2,500-$2,500
Information Technology-$2,350-$2,350
Travel$1,720$515-$2,235
Insurance$232$1,593-$1,825
Office Expenses$88$1,626-$1,714
Payroll Taxes-$991-$991
Conferences and Meetings-$531-$531
Other Expenses$164$492$30$492
Occupancy$443--$443
Depreciation Depletion-$412-$412
Advertising-$400-$400
Fees for Services Legal-$99-$99
Total Functional Expenses$179,163$7,296$1,407$187,866

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$56,000
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 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
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
Filing and Contact Details

Filer

Filer Name
Solution to Avoid Red Tide Inc
EIN
65-0688476
Phone
9413517719
Address
P O BOX 642, Tallevast, FL 34270
Doing Business As
Solution to Avoid Red Tide Inc

Signing Officer

Name
Sherry a Coles
Title
Treasurer
Phone
2036091671
Signed
2024-01-25
Discuss with paid preparer
No

Organization Details

Formed
1996
Voting Board Members
7
Independent Board Members
7
Employees
1

Preparer

Firm
Diane C Vernamonti
Address
4370 Turnberry Circle, North Port, FL 34288
Preparer
Dee Vernamonti
Phone
8137316011
Supplemental Narrative

Additional Explanations

990 Part IX Ln 1 Pond Restoration Sarasota County

$111,200

990 Part IX Ln 1 Water Quality Project

$10,000

990 Part IX Ln 1 Pond Restoration Manatee County

$33,000

990 Part IX Ln 1 Microforest Restoration

$17,940

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IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0208606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0215049
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110997
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt059947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt044177
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0638776
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0638776
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0208606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0215049
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110997
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt059947
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt044177
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0638776
IRS990ScheduleA/TotalSupportAmt0638776
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/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0768
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04894
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05662
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt056000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt00
IRS990ScheduleD/Section170hRqrStsfdInd0false
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0768
IRS990ScheduleD/TotalBookValueOtherAssetsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt056000
IRS990ScheduleD/TotalRevenuePerForm990Amt00
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0$111,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1$10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2$33,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3$17,940
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0990 PART IX LN 1 POND RESTORATION SARASOTA COUNTY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990 PART IX LN 1 WATER QUALITY PROJECT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2990 PART IX LN 1 POND RESTORATION MANATEE COUNTY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3990 PART IX LN 1 MICROFOREST RESTORATION
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.00$1.93$1.07$2.48$2.76$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.40$0.58$1.82$2.09$1.88$0.21
2023Summary only. Only limited summary data is available for this year.$2.40$0.58$1.82$2.09$1.88$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.40$0.78$1.61$2.15$1.51$0.64
2021Summary only. Only limited summary data is available for this year.$0.97$0.00$1.11$0.55$0.56
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.53$0.30$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.00$0.19$0.45$0.58$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.01$0.33$0.65$0.49$0.16
2017Summary only. Only limited summary data is available for this year.$0.17$0.00$0.42$1.11$0.69
2016Summary only. Only limited summary data is available for this year.$0.87$0.01$0.66$1.35$0.70
2015Summary only. Only limited summary data is available for this year.$1.56$0.00$0.52$0.74$0.22
2014Summary only. Only limited summary data is available for this year.$1.80$0.02$0.85$0.45$0.40
2013Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.56$0.64$0.08
2012Summary only. Only limited summary data is available for this year.$1.46$0.00$0.92$0.65$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$1.11$0.81$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.02$0.89$0.89$1.39$0.50