Civic Intelligence

Miami River Fund Inc.

990 • Fiscal year 2023 • EIN 65-0867648

Jul 01, 2022 to Jun 30, 2023 • Filed on May 02, 2024

Organization ProfileMIAMIRIVERCOMMISSION.ORG
1407 NW 7th Street Suite DMiami, FL 33125

(305) 644-0544

Siviq Scores

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

Liabilities / Assets

68th percentile

0.10x

Higher debt load relative to assets than 68% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

68th percentile

0.10x

Higher debt load relative to revenue than 68% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

39th percentile

-0.5%

Higher net margin than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

88th percentile

$103,746

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 12.6% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

50th percentile

3.6%

Faster asset growth than 50% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

77%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$823,443

Up $28,374 (+3.6%) from 2022

Net Assets

Down

$740,624

Down $3,959 (-0.5%) from 2022

Liabilities

Up

$82,819

Up $32,333 (+64%) from 2022

Revenue And Expenses
Liabilities / Revenue68th percentileNet Margin39th percentile

Revenue

Up

$824,361

Up $358,826 (+77%) from 2022

Expenses

Up

$828,320

Up $315,650 (+62%) from 2022

Net Income

Up

-$3,959

Up $43,176 (+92%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$1.0M$500K$0Assets 2011: $741,390Liabilities 2011: $1,000Net Assets 2011: $740,3902011Assets 2012: $837,636Liabilities 2012: $0Net Assets 2012: $837,6362012Assets 2013: $871,189Liabilities 2013: $0Net Assets 2013: $871,1892013Assets 2014: $841,146Liabilities 2014: $0Net Assets 2014: $841,1462014Assets 2015: $783,981Liabilities 2015: $0Net Assets 2015: $783,9812015Assets 2016: $822,641Liabilities 2016: $0Net Assets 2016: $822,6412016Assets 2017: $799,833Liabilities 2017: $0Net Assets 2017: $799,8332017Assets 2018: $779,107Liabilities 2018: $0Net Assets 2018: $779,1072018Assets 2019: $743,933Liabilities 2019: $0Net Assets 2019: $743,9332019Assets 2020: $704,704Liabilities 2020: $20,058Net Assets 2020: $684,6462020Assets 2021: $837,881Liabilities 2021: $46,163Net Assets 2021: $791,7182021Assets 2022: $795,069Liabilities 2022: $50,486Net Assets 2022: $744,5832022Assets 2023: $823,443Liabilities 2023: $82,819Net Assets 2023: $740,6242023Assets 2024: $777,266Liabilities 2024: $42,776Net Assets 2024: $734,4902024

Highlighted filing

2023

Assets$823,443
Liabilities$82,819
Net Assets$740,624
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $272,7292011Expenses 2012: $213,2822012Expenses 2013: $216,3932013Revenue 2014: $201,765Expenses 2014: $224,894Net Income 2014: -$23,1292014Revenue 2015: $270,842Expenses 2015: $328,007Net Income 2015: -$57,1652015Revenue 2016: $403,391Expenses 2016: $364,731Net Income 2016: $38,6602016Revenue 2017: $412,269Expenses 2017: $435,077Net Income 2017: -$22,8082017Revenue 2018: $262,031Expenses 2018: $282,758Net Income 2018: -$20,7272018Revenue 2019: $305,448Expenses 2019: $340,622Net Income 2019: -$35,1742019Revenue 2020: $416,314Expenses 2020: $475,599Net Income 2020: -$59,2852020Revenue 2021: $492,351Expenses 2021: $441,765Net Income 2021: $50,5862021Revenue 2022: $465,535Expenses 2022: $512,670Net Income 2022: -$47,1352022Revenue 2023: $824,361Expenses 2023: $828,320Net Income 2023: -$3,9592023Revenue 2024: $1,403,594Expenses 2024: $1,409,728Net Income 2024: -$6,1342024

Highlighted filing

2023

Revenue$824,361
Expenses$828,320
Net Income-$3,959
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 2, 2024
Return Version
2022v5.0
Gross Receipts
$824,361
Mission and Program Overview

Mission

The miami river commission was created by state of florida legislation as the official clearinghouse for all public policy and projects related to the miami river and to unite all governmental agencies, businesses and residents in the area to speak with one voice on river issues. The commission is to assist in the development of plans, programs, projects and budgets that might substantially improve the river area. The commission is the principle advocate and watchdog to ensure that river projects are funded and implemented in a proper and timely manner.the miami river fund, inc. Was established to be the financial arm of the miami river commission in order to receive governmental and private grants to further the substantial improvement of the miami river.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$735,646$488,011▼ $247,635
Pledges and Grants Receivable$41,323$315,732▲ $274,409
Accounts Receivable$18,100$19,700▲ $1,600
Total Assets$795,069$823,443▲ $28,374
Liabilities
Accounts Payable and Accrued Expenses$28,486$82,819▲ $54,333
Deferred Revenue$22,000--
Total Liabilities$50,486$82,819▲ $32,333
Net Assets / Fund Balance
Net Assets With Donor Restrictions$708,132$460,497▼ $247,635
Net Assets Without Donor Restrictions$36,451$280,127▲ $243,676
Total Net Assets Fund Balance$744,583$740,624▼ $3,959
Total Liabilities and Net Assets / Fund Balance$795,069$823,443▲ $28,374
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brett BibeauExecutive DiFT$103,746$103,746

Board Members and Trustees

NameTitle
Phil EveringhamPresident
John Michael CornellTreasurer
Luis GarciaVice-preside
Mark BaileyVice-preside
SANDY O'NEILLVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$822,861
Program Service Revenue
$0
Investment Income
$1,500
Other Revenue
$0
All Other Contributions
$79,330
Change in Net Assets
$-3,959

Audited Revenue Reconciliation

Revenue per Audited Statements
$824,361
Total Revenue per Audited Statements
$824,361
Total Revenue per Form 990
$824,361
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$710,992
Salaries, Compensation, and Employee Benefits$117,328
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$99,183$9,809-$108,992
Office Expenses$26,584$1,804-$28,388
Other Expenses$15,033--$15,033
Fees for Services Accounting$10,750$1,750-$12,500
Payroll Taxes$7,586$750-$8,336
Insurance$4,233--$4,233
Travel-$3,556-$3,556
Information Technology$876$106-$982
Total Functional Expenses$810,545$17,775$0$828,320

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$828,320
Total Expenses per Audited Statements$828,320
Total Expenses per Form 990$828,320
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
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
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

“The executive director reviews the return with the accounting firm and advises the board on the review.”

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

“The board members review and vote on any changes to compensation of the executive director.”

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

“The board members review and vote on any changes to compensation of the executive director.”

Form 990, Page 6, Part VI, Line 19

“The commission makes available on its website a transcript of the board minutes. Financial statement information is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Miami River Fund Inc
EIN
65-0867648
Address
1407 NW 7TH STREET SUITE D, MIAMI, FL 33125

Signing Officer

Name
Brett Bibeau
Title
Executive Director
Signed
2024-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brett Bibeau
Formed
1998
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
1
Volunteers
120

Preparer

Firm
Gutierrez Madariaga CPA Pa
Address
8025 NW 162ND ST, MIAMI LAKES, FL 33016
Preparer
John-paul Madariaga
Phone
3057781899
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The miami river commission was created by state of florida legislation as the official clearinghouse for all public policy and projects related to the miami river and to unite all governmental agencies, businesses and residents in the area to speak with one voice on river issues. The commission is to assist in the development of plans, programs, projects and budgets that might substantially improve the river area. The commission is the principle advocate and watchdog to ensure that river projects are funded and implemented in a proper and timely manner.the miami river fund, inc. Was established to be the financial arm of the miami river commission in order to receive governmental and private grants to further the substantial improvement of the miami river.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization has adopted the provision of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statement if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 6/30/23, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year end 2020.”

Raw XML Appendix355 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt028486
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt082819
IRS990/AccountsReceivableGrp/BOYAmt018100
IRS990/AccountsReceivableGrp/EOYAmt019700
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MIAMI RIVER COMMISSION WAS CREATED BY STATE OF FLORIDA LEGISLATION AS THE OFFICIAL CLEARINGHOUSE FOR ALL PUBLIC POLICY AND PROJECTS RELATED TO THE MIAMI RIVER AND TO UNITE ALL GOVERNMENTAL AGENCIES, BUSINESSES AND RESIDENTS IN THE AREA TO SPEAK WITH ONE VOICE ON RIVER ISSUES. THE COMMISSION IS TO ASSIST IN THE DEVELOPMENT OF PLANS, PROGRAMS, PROJECTS AND BUDGETS THAT MIGHT SUBSTANTIALLY IMPROVE THE RIVER AREA. THE COMMISSION IS THE PRINCIPLE ADVOCATE AND WATCHDOG TO ENSURE THAT RIVER PROJECTS ARE FUNDED AND IMPLEMENTED IN A PROPER AND TIMELY MANNER.THE MIAMI RIVER FUND, INC. WAS ESTABLISHED TO BE THE FINANCIAL ARM OF THE MIAMI RIVER COMMISSION IN ORDER TO RECEIVE GOVERNMENTAL AND PRIVATE GRANTS TO FURTHER THE SUBSTANTIAL IMPROVEMENT OF THE MIAMI RIVER.
IRS990/AllOtherContributionsAmt079330
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0BRETT BIBEAU
IRS990/BooksInCareOfDetail/PhoneNum03056440544
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01407 NW 7TH STREET SUITE D
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033125
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0735646
IRS990/CashNonInterestBearingGrp/EOYAmt0488011
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt09809
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt099183
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0108992
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0822861
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01500
IRS990/CYOtherExpensesAmt0710992
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-3959
IRS990/CYSalariesCompEmpBnftPaidAmt0117328
IRS990/CYTotalExpensesAmt0828320
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0824361
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt022000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0RIVER MAP: PRODUCED THE 20TH ANNUAL MIAMI RIVER MAPPING GUIDE.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0708132
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0460497
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt027798
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01750
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010750
IRS990/FeesForServicesAccountingGrp/TotalAmt012500
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt050.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0BRETT BIBEAU
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOHN MICHAEL CORNELL
IRS990/Form990PartVIISectionAGrp/PersonNm3PHIL EVERINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm4LUIS GARCIA
IRS990/Form990PartVIISectionAGrp/PersonNm5SANDY O'NEILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0103746
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE-PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0743531
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0824361
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0106
IRS990/InformationTechnologyGrp/ProgramServicesAmt0876
IRS990/InformationTechnologyGrp/TotalAmt0982
IRS990/InsuranceGrp/ProgramServicesAmt04233
IRS990/InsuranceGrp/TotalAmt04233
IRS990/InvestmentIncomeGrp/ExclusionAmt01500
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01500
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MIAMI RIVER COMMISSION WAS CREATED BY STATE OF FLORIDA LEGISLATION AS THE OFFICIAL CLEARINGHOUSE FOR ALL PUBLIC POLICY AND PROJECTS RELATED TO THE MIAMI RIVER AND TO UNITE ALL GOVERNMENTAL AGENCIES, BUSINESSES AND RESIDENTS IN THE AREA TO SPEAK WITH ONE VOICE ON RIVER ISSUES. THE COMMISSION IS TO ASSIST IN THE DEVELOPMENT OF PLANS, PROGRAMS, PROJECTS AND BUDGETS THAT MIGHT SUBSTANTIALLY IMPROVE THE RIVER AREA. THE COMMISSION IS THE PRINCIPLE ADVOCATE AND WATCHDOG TO ENSURE THAT RIVER PROJECTS ARE FUNDED AND IMPLEMENTED IN A PROPER AND TIMELY MANNER.THE MIAMI RIVER FUND, INC. WAS ESTABLISHED TO BE THE FINANCIAL ARM OF THE MIAMI RIVER COMMISSION IN ORDER TO RECEIVE GOVERNMENTAL AND PRIVATE GRANTS TO FURTHER THE SUBSTANTIAL IMPROVEMENT OF THE MIAMI RIVER.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0744583
IRS990/NetAssetsOrFundBalancesEOYAmt0740624
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt036451
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0280127
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01804
IRS990/OfficeExpensesGrp/ProgramServicesAmt026584
IRS990/OfficeExpensesGrp/TotalAmt028388
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0EVENTS LOGISTICS
IRS990/OtherExpensesGrp/Desc1RIVER DAY
IRS990/OtherExpensesGrp/Desc2RIVER BOAT TOURS
IRS990/OtherExpensesGrp/ProgramServicesAmt0614826
IRS990/OtherExpensesGrp/ProgramServicesAmt131474
IRS990/OtherExpensesGrp/ProgramServicesAmt215033
IRS990/OtherExpensesGrp/TotalAmt0614826
IRS990/OtherExpensesGrp/TotalAmt131474
IRS990/OtherExpensesGrp/TotalAmt215033
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0750
IRS990/PayrollTaxesGrp/ProgramServicesAmt07586
IRS990/PayrollTaxesGrp/TotalAmt08336
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt041323
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0315732
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0BRETT BIBEAU
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ANNUAL MIAMI RIVER DAY: PRODUCED THE FREE 25TH ANNUAL MIAMI RIVER DAY ON APRIL 1, 2023.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt063966
IRS990/ProgSrvcAccomActy3Grp/Desc0INTERGOVERNMENTAL COORDINATION: REMOVAL OF 750,000 POUNDS OF GARBAGE FROM THE MIAMI RIVER, RAISED 824,361 AND SPENT 828,320 TO IMPROVE THE MIAMI RIVER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0718781
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0465206
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0329
IRS990/PYOtherExpensesAmt0404623
IRS990/PYRevenuesLessExpensesAmt0-47135
IRS990/PYSalariesCompEmpBnftPaidAmt0108047
IRS990/PYTotalExpensesAmt0512670
IRS990/PYTotalRevenueAmt0465535
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-3959
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0822861
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0465206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0471863
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0419304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0304620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02483854
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0329
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0430
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0828
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03197
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99870
IRS990ScheduleA/PublicSupportPY170Pct00.99250
IRS990ScheduleA/PublicSupportTotal170Amt02483854
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0822861
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0465206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0471863
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0419304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0304620
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02483854
IRS990ScheduleA/TotalSupportAmt02487051
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/ExpensesSubtotalAmt0828320
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0824361
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISION OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENT IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/23, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR END 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0828320
IRS990ScheduleD/TotalRevenuePerForm990Amt0824361
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0824361
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0828320
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MIAMI RIVER COMMISSION WAS CREATED BY STATE OF FLORIDA LEGISLATION AS THE OFFICIAL CLEARINGHOUSE FOR ALL PUBLIC POLICY AND PROJECTS RELATED TO THE MIAMI RIVER AND TO UNITE ALL GOVERNMENTAL AGENCIES, BUSINESSES AND RESIDENTS IN THE AREA TO SPEAK WITH ONE VOICE ON RIVER ISSUES. THE COMMISSION IS TO ASSIST IN THE DEVELOPMENT OF PLANS, PROGRAMS, PROJECTS AND BUDGETS THAT MIGHT SUBSTANTIALLY IMPROVE THE RIVER AREA. THE COMMISSION IS THE PRINCIPLE ADVOCATE AND WATCHDOG TO ENSURE THAT RIVER PROJECTS ARE FUNDED AND IMPLEMENTED IN A PROPER AND TIMELY MANNER.THE MIAMI RIVER FUND, INC. WAS ESTABLISHED TO BE THE FINANCIAL ARM OF THE MIAMI RIVER COMMISSION IN ORDER TO RECEIVE GOVERNMENTAL AND PRIVATE GRANTS TO FURTHER THE SUBSTANTIAL IMPROVEMENT OF THE MIAMI RIVER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR REVIEWS THE RETURN WITH THE ACCOUNTING FIRM AND ADVISES THE BOARD ON THE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD MEMBERS REVIEW AND VOTE ON ANY CHANGES TO COMPENSATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD MEMBERS REVIEW AND VOTE ON ANY CHANGES TO COMPENSATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMMISSION MAKES AVAILABLE ON ITS WEBSITE A TRANSCRIPT OF THE BOARD MINUTES. FINANCIAL STATEMENT INFORMATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0795069
IRS990/TotalAssetsEOYAmt0823443
IRS990/TotalAssetsGrp/BOYAmt0795069
IRS990/TotalAssetsGrp/EOYAmt0823443
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0822861
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017775
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0810545
IRS990/TotalFunctionalExpensesGrp/TotalAmt0828320
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt050486
IRS990/TotalLiabilitiesEOYAmt082819
IRS990/TotalLiabilitiesGrp/BOYAmt050486
IRS990/TotalLiabilitiesGrp/EOYAmt082819
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0744583
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0740624
IRS990/TotalProgramServiceExpensesAmt0810545
IRS990/TotalReportableCompFromOrgAmt0103746
IRS990/TotalRevenueGrp/ExclusionAmt01500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0824361
IRS990/TotalVolunteersCnt0120
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0795069
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0823443
IRS990/TravelGrp/ManagementAndGeneralAmt03556
IRS990/TravelGrp/TotalAmt03556
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01407 NW 7TH STREET SUITE D
IRS990/USAddress/CityNm0MIAMI
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033125
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0MIAMIRIVERCOMMISSION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETT BIBEAU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIAMI RIVER FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MIAM
ReturnHeader/Filer/EIN0650867648
ReturnHeader/Filer/USAddress/AddressLine1Txt01407 NW 7TH STREET SUITE D
ReturnHeader/Filer/USAddress/CityNm0MIAMI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033125
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0943458074
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GUTIERREZ MADARIAGA CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08025 NW 162ND ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI LAKES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033016
ReturnHeader/PreparerPersonGrp/PhoneNum03057781899
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN-PAUL MADARIAGA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-05-11T18:29:38-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BRETT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BIBEAU
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$823,443
Liabilities
$82,819
Net assets
$740,624
Revenue
$824,361
Expenses
$828,320
Net income
-$3,959
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.78$0.04$0.73$1.40$1.41$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.82$0.08$0.74$0.82$0.83$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.05$0.74$0.47$0.51$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.84$0.05$0.79$0.49$0.44$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.68$0.42$0.48$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.31$0.34$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.26$0.28$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.41$0.44$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.40$0.36$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.78$0.00$0.78$0.27$0.33$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.20$0.22$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.00$0.84$0.21
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.00$0.74$0.27