Civic Intelligence

Okeechobee Main Street Inc

990 • Fiscal year 2013 • EIN 65-0887929

Oct 01, 2012 to Sep 30, 2013 • Filed on Aug 14, 2014

55 South Parrott Avenue34974
Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

15th percentile

-29%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$72,486

Down $29,544 (-29%) from 2012

Net Assets

Down

$71,821

Down $29,684 (-29%) from 2012

Liabilities

Up

$665

Up $140 (+27%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$128,421

Up $19,983 (+18%) from 2012

Net Income

-

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.

$400K$300K$200K$100K$0Assets 2011: $96,276Liabilities 2011: $291Net Assets 2011: $95,9852011Assets 2012: $102,030Liabilities 2012: $525Net Assets 2012: $101,5052012Assets 2013: $72,486Liabilities 2013: $665Net Assets 2013: $71,8212013Assets 2014: $82,667Liabilities 2014: $0Net Assets 2014: $82,6672014Assets 2015: $109,591Liabilities 2015: $979Net Assets 2015: $108,6122015Assets 2016: $135,115Liabilities 2016: $1,555Net Assets 2016: $133,5602016Assets 2017: $116,222Liabilities 2017: $1,555Net Assets 2017: $114,6672017Assets 2018: $86,387Liabilities 2018: $1,408Net Assets 2018: $84,9792018Assets 2019: $180,561Liabilities 2019: $4,562Net Assets 2019: $175,9992019Assets 2020: $246,646Liabilities 2020: $9,242Net Assets 2020: $237,4042020Assets 2021: $349,971Liabilities 2021: $2,241Net Assets 2021: $347,7302021Assets 2022: $153,669Liabilities 2022: $4,159Net Assets 2022: $149,5102022Assets 2023: $138,935Liabilities 2023: $2,422Net Assets 2023: $136,5132023Assets 2024: $109,767Liabilities 2024: $138Net Assets 2024: $109,6292024

Highlighted filing

2013

Assets$72,486
Liabilities$665
Net Assets$71,821

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $79,162Expenses 2011: $75,621Net Income 2011: $3,5412011Revenue 2012: $113,958Expenses 2012: $108,438Net Income 2012: $5,5202012Expenses 2013: $128,4212013Revenue 2014: $89,838Expenses 2014: $78,992Net Income 2014: $10,8462014Revenue 2015: $88,855Expenses 2015: $88,413Net Income 2015: $4422015Revenue 2016: $77,756Expenses 2016: $72,596Net Income 2016: $5,1602016Revenue 2017: $51,115Expenses 2017: $70,008Net Income 2017: -$18,8932017Revenue 2018: $42,732Expenses 2018: $72,480Net Income 2018: -$29,7482018Revenue 2019: $66,322Expenses 2019: $66,663Net Income 2019: -$3412019Revenue 2020: $147,323Expenses 2020: $83,139Net Income 2020: $64,1842020Revenue 2021: $177,850Expenses 2021: $67,524Net Income 2021: $110,3262021Revenue 2022: $550,870Expenses 2022: $749,040Net Income 2022: -$198,1702022Revenue 2023: $194,339Expenses 2023: $207,336Net Income 2023: -$12,9972023Revenue 2024: $81,302Expenses 2024: $108,185Net Income 2024: -$26,8832024

Highlighted filing

2013

Revenue-
Expenses$128,421
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Aug 14, 2014
Return Version
2012v2.3
Gross Receipts
$112,822
Mission and Program Overview

Mission

Okeechobee main street is organized for the purpose of promoting the historical value, economic development, and social welfare of the downtown area of the city of okeechobee and okeechobee county as a whole.

Filing and Contact Details

Filer

EIN
65-0887929
Raw XML Appendix382 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.

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IRS990ScheduleO/GeneralExplanation/Explanation0THE MAIN STREET PROGRAM IS DESIGNED TO IMPROVE ALL ASPECTS OF THE DOWNTOWN OR CENTRAL BUSINESS DISTRICT, PRODUCING BOTH TANGIBLE AND INTANGIBLE BENEFITS. IMPROVING ECONOMIC MANAGEMENT, STRENGTHENING PUBLIC PARTICIPATION, AND MAKING DOWNTOWN A FUN PLACE TO VISIT ARE AS CRITICAL TO MAIN STREET'S FUTURE AS RECRUITING NEW BUSINESSES, REHABILITATING BUILDINGS, AND EXPANDING PARKING. BUILDING ON DOWNTOWN'S INHERENT ASSETS -- RICH ARCHITECTURE, PERSONAL SERVICE, AND TRADITIONAL VALUES AND MOST OF ALL, A SENSE OF PLACE -- THE MAIN STREET APPROACH HAS REKINDLED ENTREPRENEURSHIP, DOWNTOWN COOPERATION AND CIVIC CONCERN. IT HAS EARNED NATIONAL RECOGNITION AS A PRACTICAL STRATEGY APPROPRIATELY SCALED TO A COMMUNITY'S LOCAL RESOURCES AND CONDITIONS. AND BECAUSE IT IS A LOCALLY DRIVEN PROGRAM, ALL INITIATIVE STEMS FROM LOCAL ISSUES AND CONCERNS. HISTORIC OKEECHOBEE MAIN STREET UTILIZES PARTNERSHIPS, LOCAL RESOURCES AND INITIATIVE TO SUPPORT A COMPREHENSIVE, INCREMENTAL APPROACH TO REVITALIZATION BUILT AROUND OKEECHOBEE'S UNIQUE HERITAGE AND ATTRIBUTES TO DEVELOP LONG TERM ECONOMIC GROWTH AND PRIDE IN THE TRADITIONAL AREA OF DOWNTOWN OKEECHOBEE. INCORPORATING BUSINESS AND PROPERTY STAKEHOLDER INPUT, OKEECHOBEE MAIN STREET WILL DEVELOP PROJECTS THAT WILL IMPROVE ALL ASPECTS OF THE DOWNTOWN AND NORTH CENTRAL BUSINESS DISTRICT AROUND THE COURTHOUSE. THE OKEECHOBEE MAIN STREET APPROACH REKINDLES ENTREPRENEURSHIP, DOWNTOWN COOPERATION AND CIVIC CONCERN. BECAUSE IT IS A LOCALLY DRIVEN PROGRAM, ALL INITIATIVES STEM FROM LOCAL ISSUES AND CONCERNS. THE OKEECHOBEE MAIN STREET PROGRAM'S SUCCESS IS BASED ON A COMPREHENSIVE STRATEGY OF WORK, TAILORED TO LOCAL NEEDS AND OPPORTUNITIES, IN FOUR DISTINCTIVE AREAS, OFTEN REFERRED TO AS THE FOUR POINT APPROACH. EACH OF THE FOLLOWING APPROACHES HAS A RESPECTIVE WORK PLAN ASSOCIATED WITH IT. BY SELECTING THE HYPERLINK FOR EACH APPROACH, THE WORK PLAN CAN BE REVIEWED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE BOARD OF DIRECTORS MAY EMPLOY AN EXECUTIVE DIRECTOR TO PROVIDE PROFESSIONAL MANAGEMENT FOR MAIN STREET, AND IN SO DOING, SHALL FIX THE SALARY AND OTHER CONSIDERATIONS OF EMPLOYMENT.
IRS990ScheduleO/GeneralExplanation/Explanation2ELIGIBILITY ANY PERSON, ASSOCIATION, CORPORATION, PARTNERSHIP OR ESTATE HAVING AN INTEREST IN THE PURPOSE OF THE ORGANIZATION AS EXPRESSED IN ARTICLE I, SECTION 2 SHALL BE ELIGIBLE FOR MEMBERSHIP. ELECTION APPLICATIONS SHALL BE IN WRITING, ON FORMS PROVIDED FOR THAT PURPOSE, AND SIGNED BY THE APPLICANT. ANY APPLICANT SHALL BECOME A MEMBER UPON PAYMENT OF THE REGULARLY SCHEDULED DUES AS PROVIDED IN SECTION 3 OF ARTICLE II. DUES MEMBERSHIP DUES SHALL BE AT SUCH RATE OR RATES, SCHEDULE OR FORMULA AS MAY BE FROM TIME TO TIME PRESCRIBED BY THE BOARD OF DIRECTORS. TERMINATION ANY MEMBER MAY RESIGN FROM MAIN STREET UPON WRITTEN NOTICE TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/GeneralExplanation/Explanation3IN ANY PROCEEDING IN WHICH VOTING BY MEMBERS IS CALLED FOR, EACH MEMBER IN GOOD STANDING SHALL BE ENTITLED TO CAST ONE (1) VOTE. AT ANY DULY CALLED GENERAL MEETING OF MAIN STREET, 10% OF THE MEMBERS SHALL CONSTITUTE A QUORUM: AT BOARD MEETINGS, A MAJORITY OF DIRECTORS SHALL CONSTITUTE A QUORUM: AT COMMITTEE MEETINGS, A MAJORITY SHALL CONSTITUTE A QUORUM EXCEPT WHEN A COMMITTEE CONSISTS OF MORE THAN NINE (9) MEMBERS. IN THAT CASE, FIVE (5) SHALL CONSTITUTE A QUORUM. THE AFFIRMATIVE VOTE OF 51% OF THE GENERAL MEMBERSHIP, THE BOARD OF DIRECTORS AND COMMITTEE MEMBERS PRESENT AND ENTITLED TO VOTE, AS PROVIDED IN ARTICLE II, SECTION 5 SHALL BE, UNLESS OTHERWISE STATED IN THESE BYLAWS OR PROVIDED BY LAW, THE ACT OF EACH RESPECTIVE BODY.
IRS990ScheduleO/GeneralExplanation/Explanation4THE CURRENT EDITION OF ROBERT'S RULES OF ORDER SHALL BE THE FINAL SOURCE OF AUTHORITY IN ALL QUESTIONS OF PARLIAMENTARY PROCEDURES WHEN SUCH RULES ARE NOT INCONSISTENT WITH THE CHARTER OR BYLAWS OF MAIN STREET.
IRS990ScheduleO/GeneralExplanation/Explanation5NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/GeneralExplanation/Explanation6A CONFLICT OF INTEREST MAY EXIST WHEN THE INTERESTS OR CONCERNS OF ANY DIRECTOR, OFFICER OR STAFF MEMBER, OR SAID PERSON'S IMMEDIATE FAMILY, OR ANY PARTY, GROUP OR ORGANIZATION TO WHICH SAID PERSON HAS ALLEGIANCE, MAY BE SEEN AS COMPETING WITH THE INTERESTS OR CONCERNS OF THE CORPORATION. THE PERSON CONCERNED SHALL DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST TO THE BOARD OF DIRECTORS. WHEN ANY SUCH CONFLICT OF INTEREST IS RELEVANT TO A MATTER REQUIRING ACTION BY THE BOARD OF DIRECTORS, THE INTERESTED PERSON SHALL CALL IT TO THE ATTENTION OF THE BOARD OF DIRECTORS AND/OR ITS COMMITTEE, AS THE CASE MAY BE, AND SUCH PERSON SHALL NOT VOTE ON THE MATTER. MOREOVER, THE PERSON HAVING A CONFLICT SHALL RETIRE FROM THE ROOM IN WHICH THE BOARD AND/OR COMMITTEE IS MEETING AND SHALL NOT PARTICIPATE IN THE FINAL DELIBERATION OR DECISION REGARDING THE MATTER UNDER CONSIDERATION. HOWEVER, THAT PERSON SHALL PROVIDE THE BOARD AND/OR COMMITTEE WITH ANY AND ALL RELEVANT INFORMATION. THE MINUTES OF THE MEETING OF THE BOARD AND/OR COMMITTEE SHALL REFLECT THAT THE CONFLICT OF INTEREST WAS DISCLOSED AND THAT THE INTERESTED PERSON WAS NOT PRESENT DURING THE FINAL DISCUSSION OR VOTE AND DID NOT VOTE. WHEN THERE IS A DOUBT AS TO WHETHER A CONFLICT OF INTEREST EXISTS, THE MATTER SHALL BE RESOLVED BY A VOTE OF THE BOARD OF DIRECTORS AND/OR ITS COMMITTEE, EXCLUDING THE PERSON CONCERNING WHOSE SITUATION THE DOUBT HAS ARISEN.
IRS990ScheduleO/GeneralExplanation/Explanation7THE BOARD OF DIRECTORS MAY EMPLOY AN EXECUTIVE DIRECTOR TO PROVIDE PROFESSIONAL MANAGEMENT FOR MAIN STREET, AND IN SO DOING, SHALL FIX THE SALARY AND OTHER CONSIDERATIONS OF EMPLOYMENT.
IRS990ScheduleO/GeneralExplanation/Explanation8THE BOARD OF DIRECTORS SHALL RECEIVE NO COMPENSATION FOR THEIR SERVICES AND SHALL SERVE ON A STRICTLY VOLUNTARY BASIS.
IRS990ScheduleO/GeneralExplanation/Explanation9THE CORPORATION SHALL MAINTAIN, AT ITS REGISTERED OFFICE OR PRINCIPLE PLACE OF BUSINESS, A RECORD OF ITS MEMBERSHIP AND ALL CORPORATE BOOKS, RECORDS OF ACCOUNT AND MINUTES. ANY MEMBER SHALL, UPON WRITTEN DEMAND, STATING THE PURPOSE THEREOF, HAVE THE RIGHT TO EXAMINE, IN PERSON OR BY AGENT OR ATTORNEY, AT ANY REASONABLE TIME AND FOR PROPER PURPOSE, RELEVANT CORPORATE BOOKS, RECORDS OF ACCOUNT AND MINUTES AND SHALL HAVE THE RIGHT TO MAKE EXTRACTIONS THEREFROM.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1MANAGEMENT DELEGATED
IRS990ScheduleO/GeneralExplanation/Identifier2ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier3DECISIONS SUBJECT TO APPROVAL OF MEMBERS
IRS990ScheduleO/GeneralExplanation/Identifier4POLICIES AND PROCEDURES GOVERNING CHAPTERS
IRS990ScheduleO/GeneralExplanation/Identifier5ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier6ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier7COMPENSATION PROCESS FOR TOP OFFICIAL
IRS990ScheduleO/GeneralExplanation/Identifier8COMPENSATION PROCESS FOR OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier9GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 10B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference7FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/GeneralExplanation/ReturnReference8FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/GeneralExplanation/ReturnReference9FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/School0false
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0FL
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY012253
IRS990/TemporarilyRestrictedNetAssets/EOY011503
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1055 SOUTH PARROTT AVENUE
IRS990/TheBooksAreInCareOf/AddressUS/City0OKEECHOBEE
IRS990/TheBooksAreInCareOf/AddressUS/State0FL
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode034974
IRS990/TheBooksAreInCareOf/NamePerson0TERRY BURROUGHS
IRS990/TheBooksAreInCareOf/TelephoneNumber08633576246
IRS990/TotalAssets/BOY0102030
IRS990/TotalAssetsBOY0102030
IRS990/TotalAssets/EOY072486
IRS990/TotalAssetsEOY072486
IRS990/TotalCompGT150K0false
IRS990/TotalContributions027283
IRS990/TotalExpensesCurrentYear0128421
IRS990/TotalExpensesPriorYear0108438
IRS990/TotalFunctionalExpenses/Fundraising022277
IRS990/TotalFunctionalExpenses/ManagementAndGeneral046267
IRS990/TotalFunctionalExpenses/ProgramServices059877
IRS990/TotalFunctionalExpenses/Total0128421
IRS990/TotalFundrsngExpCurrentYear022277
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY0525
IRS990/TotalLiabilitiesBOY0525
IRS990/TotalLiabilities/EOY0665
IRS990/TotalLiabilitiesEOY0665
IRS990/TotalLiabNetAssetsFundBalances/BOY0102030
IRS990/TotalLiabNetAssetsFundBalances/EOY072486
IRS990/TotalNbrEmployees02
IRS990/TotalNetAssetsFundBalances/BOY0101505
IRS990/TotalNetAssetsFundBalances/EOY071821
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense059877
IRS990/TotalRevenueCurrentYear098737
IRS990/TotalRevenuePriorYear0113958
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome0897
IRS990/TotalRevenue/TotalRevenueColumn098737
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/Travel/ProgramServices0418
IRS990/Travel/Total0418
IRS990/TypeOfOrganizationCorporation0X
IRS990/UnrelatedBusinessIncome0false
IRS990/UnrestrictedNetAssets/BOY089252
IRS990/UnrestrictedNetAssets/EOY060318
IRS990/UponRequest0X
IRS990/WebSite0WWW.MAINSTREETOKEECHOBEE.COM
IRS990/WhistleblowerPolicy0false
IRS990/YearFormation01999
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/Filer/EIN0650887929
ReturnHeader/Filer/Name/BusinessNameLine10OKEECHOBEE MAIN STREET INC
ReturnHeader/Filer/NameControl0OKEE
ReturnHeader/Filer/Phone08633576246
ReturnHeader/Filer/USAddress/AddressLine1055 SOUTH PARROTT AVENUE
ReturnHeader/Filer/USAddress/City0OKEECHOBEE
ReturnHeader/Filer/USAddress/State0FL
ReturnHeader/Filer/USAddress/ZIPCode034974
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02014-08-14
ReturnHeader/Officer/Name0TERRY BURROUGHS
ReturnHeader/Officer/Phone08633576246
ReturnHeader/Officer/Title0TREASURER
ReturnHeader/Preparer/DatePrepared02014-08-14
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10SIMS MUNSON CPA PLLC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine10203 SE 2ND AVE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0OKEECHOBEE
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0FL
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0349744338
ReturnHeader/Preparer/Name0LAURA K SIMS CPA
ReturnHeader/Preparer/Phone08634673000
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02012-10-01
ReturnHeader/TaxPeriodEndDate02013-09-30
ReturnHeader/TaxYear02012
ReturnHeader/Timestamp02014-08-14T07:31:30-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.81$1.08$0.27
2023Detailed filing. Detailed filing data is available for this year.$1.39$0.02$1.37$1.94$2.07$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.04$1.50$5.51$7.49$1.98
2021Detailed filing. Detailed filing data is available for this year.$3.50$0.02$3.48$1.78$0.68$1.10
2020Detailed filing. Detailed filing data is available for this year.$2.47$0.09$2.37$1.47$0.83$0.64
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.05$1.76$0.66$0.67$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.01$0.85$0.43$0.72$0.30
2017Detailed filing. Detailed filing data is available for this year.$1.16$0.02$1.15$0.51$0.70$0.19
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.02$1.34$0.78$0.73$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.10$0.01$1.09$0.89$0.88$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.90$0.79$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.01$0.72$1.28
2012Summary only. Only limited summary data is available for this year.$1.02$0.01$1.02$1.14$1.08$0.06
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.79$0.76$0.04