Civic Intelligence

Gwen Cherry Park Foundation Inc.

990 • Fiscal year 2013 • EIN 65-0690643

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 05, 2014

1017 NW 9 CTSuite33136

(305) 324-1845

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

50th percentile

$1,800

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

46th percentile

0.9%

Faster asset growth than 46% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$710,111

Up $6,071 (+0.9%) from 2012

Net Assets

Up

$710,111

Up $6,071 (+0.9%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$55,353

No earlier filing loaded for comparison.

Expenses

Down

$94,289

Down $12,035 (-11%) from 2012

Net Income

-$38,936

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $674,341Liabilities 2010: $0Net Assets 2010: $674,3412010Assets 2011: $684,303Liabilities 2011: $0Net Assets 2011: $684,3032011Assets 2012: $704,040Liabilities 2012: $0Net Assets 2012: $704,0402012Assets 2013: $710,111Liabilities 2013: $0Net Assets 2013: $710,1112013Assets 2014: $679,987Liabilities 2014: $0Net Assets 2014: $679,9872014Assets 2015: $621,414Liabilities 2015: $0Net Assets 2015: $621,4142015Assets 2016: $658,843Liabilities 2016: $0Net Assets 2016: $658,8432016Assets 2017: $705,138Liabilities 2017: $0Net Assets 2017: $705,1382017Assets 2018: $677,800Liabilities 2018: $0Net Assets 2018: $677,8002018Assets 2019: $711,802Liabilities 2019: $0Net Assets 2019: $711,8022019Assets 2020: $756,100Liabilities 2020: $0Net Assets 2020: $756,1002020Assets 2021: $837,114Liabilities 2021: $0Net Assets 2021: $837,1142021Assets 2022: $779,585Liabilities 2022: $0Net Assets 2022: $779,5852022Assets 2023: $819,461Liabilities 2023: $0Net Assets 2023: $819,4612023Assets 2024: $812,049Liabilities 2024: $0Net Assets 2024: $812,0492024Assets 2025: $1,208,295Liabilities 2025: $0Net Assets 2025: $1,208,2952025

Highlighted filing

2013

Assets$710,111
Liabilities$0
Net Assets$710,111

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $580,5472010Expenses 2011: $496,2852011Expenses 2012: $106,3242012Revenue 2013: $55,353Expenses 2013: $94,289Net Income 2013: -$38,9362013Revenue 2014: $34,405Expenses 2014: $80,468Net Income 2014: -$46,0632014Revenue 2015: $15,326Expenses 2015: $60,628Net Income 2015: -$45,3022015Revenue 2016: $42,966Expenses 2016: $27,606Net Income 2016: $15,3602016Revenue 2017: $34,480Expenses 2017: $45,264Net Income 2017: -$10,7842017Revenue 2018: $46,597Expenses 2018: $51,355Net Income 2018: -$4,7582018Revenue 2019: $142,939Expenses 2019: $108,937Net Income 2019: $34,0022019Revenue 2020: $128,528Expenses 2020: $84,230Net Income 2020: $44,2982020Revenue 2021: $138,374Expenses 2021: $76,082Net Income 2021: $62,2922021Revenue 2022: $36,165Expenses 2022: $93,694Net Income 2022: -$57,5292022Revenue 2023: $158,430Expenses 2023: $118,554Net Income 2023: $39,8762023Revenue 2024: $93,827Expenses 2024: $101,239Net Income 2024: -$7,4122024Revenue 2025: $522,713Expenses 2025: $126,467Net Income 2025: $396,2462025

Highlighted filing

2013

Revenue$55,353
Expenses$94,289
Net Income-$38,936
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 5, 2014
Return Version
2013v3.1
Gross Receipts
$55,353
Mission and Program Overview

Mission

To provide financial support to the academic,health,cultural,social and athletic programming at the Youth Education Town in Miami.

To provide financial support to the academic, health, cultural, social, and athletic programming at the youth education town in miami

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$190,950$0▼ $190,950
Cash and Non-Interest-Bearing Accounts$29,780$186,425▲ $156,645
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$704,040$710,111▲ $6,071
Other Assets Total$483,310$523,686▲ $40,376
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$704,040$710,111▲ $6,071
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$704,040$710,111▲ $6,071
Total Liabilities and Net Assets / Fund Balance$704,040$710,111▲ $6,071

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$523,686--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ht SmithPresident/trusteePT$1,800$1,800

Board Members and Trustees

NameTitle
Elaine BlackSecretary/trustee
Erica N WrightTreasurer/trustee
Jerry SawyerTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$53,795
Program Service Revenue
$0
Investment Income
$1,558
Other Revenue
$0
All Other Contributions
$36,295
Change in Net Assets
$-38,936
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$71,524
Grants and Similar Amounts Paid$20,965
Salaries, Compensation, and Employee Benefits$1,800
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$38,159--$38,159
Grants to Domestic Orgs$20,965--$20,965
Office Expenses-$12,801-$12,801
Fees for Service Investment Mgmnt Fees-$4,631-$4,631
Fees for Services Accounting-$2,400-$2,400
Information Technology-$2,100-$2,100
Current Officers, Directors, Trustees, and Key Employees$1,800--$1,800
Conferences and Meetings-$1,230-$1,230
Other Expenses$6,991$78-$78
Total Functional Expenses$71,049$23,240$0$94,289
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
65-0140488-501(c)(3)Educational and Recreational Oppurtunities$11,149
59-0879227-501(c)(3)Educational and Recreational Oppurtunities$9,816
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
HT SmithPresidentOffice rentNo$1,800

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Governance Explanations

Part VI, Section B, Line 11

A pdf copy of the 990 is given to all board members for review and comments before 990 is filed

Part VI, Section B, Line 12B-C

The policy is monitored by requesting trustees, directors, officers, and key employees to disclose if there are any conflict of interest annually.

Part VI, Section C, Line 19

The governing documents are made available in the following manner: form 990 is available upon request and can be retrieved using guidestar. The organization's governing documents and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

EIN
65-0690643
In Care Of
% ERICA N WRIGHT
Phone
3053241845

Signing Officer

Name
Erica N Wright
Title
Treasurer
Phone
3059959600
Signed
2014-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ht Smith
Formed
1996
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Preparer
Donald Butler
Phone
3059959600
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 10

During 2012, the Organization was not able to determine the amount of unrealized gains included with investment income. In 2013, we were provided a better breakdown between realized income and unrealized income for the year. For this reason there is a significant decrease in investment income reported in 2013, as the amount reported in 2012 included unrealized gains.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04147
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063787
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08739
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt05017
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IRS990ScheduleA/PublicSupportPY170Pct00.89236
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014817
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01175820
IRS990ScheduleA/TotalSupportAmt01310954
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
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0523686
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DADE COMMUNITY FOUNDATION FUND
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0523686
IRS990ScheduleI/RecipientTable/CashGrantAmt011149
IRS990ScheduleI/RecipientTable/CashGrantAmt19816
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL AND RECREATIONAL OPPURTUNITIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATIONAL AND RECREATIONAL OPPURTUNITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10COMMUNITIES IN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11BOYS & GIRLS CLUB OF MIAMI-DADE
IRS990ScheduleI/RecipientTable/RecipientEIN0650140488
IRS990ScheduleI/RecipientTable/RecipientEIN1590879227
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1011965 SW 142nd Terrace
IRS990ScheduleI/RecipientTable/USAddress/AddressLine112805 SW 32 Ave
IRS990ScheduleI/RecipientTable/USAddress/City0MIAMI
IRS990ScheduleI/RecipientTable/USAddress/City1MIAMI
IRS990ScheduleI/RecipientTable/USAddress/State0FL
IRS990ScheduleI/RecipientTable/USAddress/State1FL
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0HT Smith
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0President
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01800
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Office rent
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A PDF COPY OF THE 990 IS GIVEN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS BEFORE 990 IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS MONITORED BY REQUESTING TRUSTEES, DIRECTORS, OFFICERS, AND KEY EMPLOYEES TO DISCLOSE IF THERE ARE ANY CONFLICT OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS ARE MADE AVAILABLE IN THE FOLLOWING MANNER: FORM 990 IS AVAILABLE UPON REQUEST AND CAN BE RETRIEVED USING GUIDESTAR. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3During 2012, the Organization was not able to determine the amount of unrealized gains included with investment income. In 2013, we were provided a better breakdown between realized income and unrealized income for the year. For this reason there is a significant decrease in investment income reported in 2013, as the amount reported in 2012 included unrealized gains.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, SECTION B, LINE 12B-C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART I, LINE 10
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IRS990/TerminateOperationsInd0false
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt071049
IRS990/TotalFunctionalExpensesGrp/TotalAmt094289
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0710111
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt071049
IRS990/TotalProgramServiceRevenueAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt01558
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt055353
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0710111
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101017 NW 9 CT
IRS990/USAddress/City0MIAMI
IRS990/USAddress/State0FL
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IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.gwencherryparkfoundation.org

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.52$0.13$0.40
2024Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.09$0.10$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.16$0.12$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.04$0.09$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.14$0.08$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.13$0.08$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.14$0.11$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.05$0.05$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.03$0.05$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.04$0.03$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.02$0.06$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.03$0.08$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$0.06$0.09$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.00$0.68$0.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.58