Civic Intelligence

Treasure Coast Sports Commission Inc.

990 • Fiscal year 2014 • EIN 65-0908000

Oct 01, 2013 to Sep 30, 2014 • Filed on Aug 17, 2015

527 NW Peacock Blvd34986

(772) 871-5458

Siviq Scores

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

Liabilities / Assets

51st percentile

0.05x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

28th percentile

0.00x

Higher debt load relative to revenue than 28% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

44th percentile

1.1%

Higher net margin than 44% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

81st percentile

$78,400

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

9th percentile

-20%

Faster asset growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

52nd percentile

5.4%

Faster revenue growth than 52% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2014

Assets

Down

$31,763

Down $7,755 (-20%) from 2013

Net Assets

Up

$30,152

Up $5,644 (+23%) from 2013

Liabilities

Down

$1,611

Down $13,399 (-89%) from 2013

Revenue

$534,975

No earlier filing loaded for comparison.

Expenses

Up

$529,331

Up $63,084 (+14%) from 2013

Net Income

$5,644

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.

$200K$100K$0-$100K-$200KAssets 2010: $45,343Liabilities 2010: $7,703Net Assets 2010: $37,6402010Assets 2011: $43,361Liabilities 2011: $6,051Net Assets 2011: $37,3102011Assets 2012: $22,363Liabilities 2012: $10,568Net Assets 2012: $11,7952012Assets 2013: $39,518Liabilities 2013: $15,010Net Assets 2013: $24,5082013Assets 2014: $31,763Liabilities 2014: $1,611Net Assets 2014: $30,1522014Assets 2015: $31,124Liabilities 2015: $29,192Net Assets 2015: $1,9322015Assets 2016: $50,284Liabilities 2016: $36,179Net Assets 2016: $14,1052016Assets 2017: $111,394Liabilities 2017: $32,922Net Assets 2017: $78,4722017Assets 2018: $60,201Liabilities 2018: $13,978Net Assets 2018: $46,2232018Assets 2019: $83,997Liabilities 2019: $23,984Net Assets 2019: $60,0132019Assets 2020: $49,445Liabilities 2020: $50,724Net Assets 2020: -$1,2792020Assets 2021: $85,142Liabilities 2021: $85,142Net Assets 2021: $02021Assets 2022: $83,142Liabilities 2022: $83,142Net Assets 2022: $02022Assets 2023: $53,386Liabilities 2023: $168,838Net Assets 2023: -$115,4522023Assets 2024: $78,795Liabilities 2024: $164,238Net Assets 2024: -$85,4432024

Highlighted filing

2014

Assets$31,763
Liabilities$1,611
Net Assets$30,152

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $503,5672010Revenue 2011: $457,457Expenses 2011: $457,787Net Income 2011: -$3302011Expenses 2012: $519,7262012Expenses 2013: $466,2472013Revenue 2014: $534,975Expenses 2014: $529,331Net Income 2014: $5,6442014Revenue 2015: $559,148Expenses 2015: $587,368Net Income 2015: -$28,2202015Revenue 2016: $624,815Expenses 2016: $612,642Net Income 2016: $12,1732016Revenue 2017: $672,990Expenses 2017: $608,624Net Income 2017: $64,3662017Revenue 2018: $704,504Expenses 2018: $708,688Net Income 2018: -$4,1842018Revenue 2019: $721,068Expenses 2019: $707,278Net Income 2019: $13,7902019Revenue 2020: $642,883Expenses 2020: $681,097Net Income 2020: -$38,2142020Revenue 2021: $817,007Expenses 2021: $825,820Net Income 2021: -$8,8132021Revenue 2022: $679,745Expenses 2022: $611,982Net Income 2022: $67,7632022Revenue 2023: $933,942Expenses 2023: $919,566Net Income 2023: $14,3762023Revenue 2024: $815,892Expenses 2024: $794,442Net Income 2024: $21,4502024

Highlighted filing

2014

Revenue$534,975
Expenses$529,331
Net Income$5,644
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Aug 17, 2015
Return Version
2013v4.0
Gross Receipts
$534,975
Mission and Program Overview

Mission

Promote Sports Events and Increase Tourism CREATE SPORTS DEVELOPMENT PARTNERSHIPS WITH BUSINESSES, SCHOOLS, RECREATION DEPARTMENTS, AND OTHER ORGANIZATIONS.

Promote Sports Events and Increase Tourism CREATE SPORTS DEVELOPMENT PARTNERSHIPS WITH BUSINESSES, SCHOOLS, RECREATION DEPARTMENTS, AND OTHER ORGANIZATIONS. SUPPORT SOMMUNITY SPORTS EVENTS AND PROGRAMS.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$17,607$17,607→ $0
Cash and Non-Interest-Bearing Accounts$9,647$11,535▲ $1,888
Other Notes and Loans Receivable, Net$12,264$2,621▼ $9,643
Total Assets$39,518$31,763▼ $7,755
Liabilities
Accounts Payable and Accrued Expenses$15,010$1,611▼ $13,399
Total Liabilities$15,010$1,611▼ $13,399
Net Assets / Fund Balance
Unrestricted Net Assets$24,508$30,152▲ $5,644
Total Net Assets Fund Balance$24,508$30,152▲ $5,644
Total Liabilities and Net Assets / Fund Balance$39,518$31,763▼ $7,755
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tom ColucciExecutive DirectorFT$78,400$78,400
Rich NalbandianAsst Executive DirectorFT$58,400$58,400

Board Members and Trustees

NameTitle
Joseph Deross JrPresident
Rj CostelloVice President
Glenn RainsVice-president
Mike StutzkeVice-president
Allison McnealDirector
April PriceDirector
Becky DecesareDirector
Cathy MatosDirector
Charlotte BireleyDirector
Craig CallanDirector
Ed MatthewsDirector
Jacque LewisDirector
Joseph FlescherDirector
Mark CowlesDirector
Mike ZitoDirector
Missy DavisDirector
Nerissa OkiyeDirector
Nick RainsDirector
Philip BuschDirector
Scott KimmelmanDirector
Traer Van AllenDirector
Steve RipleySecretary
Gerald DibartolomeoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$489,889
Program Service Revenue
$40,765
Investment Income
$0
Other Revenue
$4,321
All Other Contributions
$31,473
Change in Net Assets
$5,644

Audited Revenue Reconciliation

Revenue per Audited Statements
$534,975
Total Revenue per Audited Statements
$534,975
Total Revenue per Form 990
$534,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$310,308
Salaries, Compensation, and Employee Benefits$219,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$262,428$4,291$0$266,719
Current Officers, Directors, Trustees, and Key Employees$126,009$54,005$0$180,014
Other Employee Benefits$18,314$7,849$0$26,163
Payroll Taxes$8,992$3,854$0$12,846
Advertising$5,085$2,180$0$7,265
Occupancy$2,101$4,901$0$7,002
Fees for Services Accounting$0$6,000$0$6,000
Fees for Services Legal$2,891$2,675$0$5,566
Travel$3,647$405$0$4,052
Office Expenses$1,789$767$0$2,556
Insurance$660$800$0$1,460
Other Expenses$0$310$0$310
Total Functional Expenses$438,822$90,509$0$529,331

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$529,331
Total Expenses per Audited Statements$529,331
Total Expenses per Form 990$529,331
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

EIN
65-0908000
Phone
7728715458

Signing Officer

Name
Joseph Deross Jr
Title
Officer
Phone
7728715458
Signed
2015-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Deross
Formed
1999
Legal Domicile
Fl
Voting Board Members
30
Independent Board Members
30
Employees
2
Volunteers
0

Preparer

Preparer
Gerald a Dibartolomeo
Phone
7724618833
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

AVALIABLE UPON REQUEST

Pt VI, Line 15A

Compensation is reviewed annually by board

Pt VI, Line 15B

Compensation is reviewed annually by board

Form 990EZ, Part II, Line 26

Advance from martin co. Hotel post

Form 990, Part IX, Line 24F

Program events 260362. 260362. 0. 0. Telephone 3972. 1986. 1986. 0. Postage and delivery 160. 80. 80. 0. Bad debt 2225. 0. 2225. 0.

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IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0800
IRS990/InsuranceGrp/ProgramServicesAmt0660
IRS990/InsuranceGrp/TotalAmt01460
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt024000
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote Sports Events and Increase Tourism
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt024508
IRS990/NetAssetsOrFundBalancesEOYAmt030152
IRS990/NoncashContributionsAmt012000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04901
IRS990/OccupancyGrp/ProgramServicesAmt02101
IRS990/OccupancyGrp/TotalAmt07002
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0767
IRS990/OfficeExpensesGrp/ProgramServicesAmt01789
IRS990/OfficeExpensesGrp/TotalAmt02556
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07849
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt018314
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026163
IRS990/OtherExpensesGrp/Desc0Automobile Expenses
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2BID FEES
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0602
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11870
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3310
IRS990/OtherExpensesGrp/ProgramServicesAmt02406
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt24500
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt03008
IRS990/OtherExpensesGrp/TotalAmt11870
IRS990/OtherExpensesGrp/TotalAmt24500
IRS990/OtherExpensesGrp/TotalAmt3310
IRS990/OtherRevenueMiscGrp/BusinessCd0711300
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04321
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04321
IRS990/OtherRevenueTotalAmt04321
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt012264
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02621
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03854
IRS990/PayrollTaxesGrp/ProgramServicesAmt08992
IRS990/PayrollTaxesGrp/TotalAmt012846
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt017607
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt017607
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOSEPH DEROSS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711300
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE FEES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt040765
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0432383
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02090
IRS990/PYOtherExpensesAmt0295083
IRS990/PYOtherRevenueAmt03000
IRS990/PYProgramServiceRevenueAmt041487
IRS990/PYRevenuesLessExpensesAmt012713
IRS990/PYSalariesCompEmpBnftPaidAmt0171164
IRS990/PYTotalExpensesAmt0466247
IRS990/PYTotalRevenueAmt0478960
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05644
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0521475
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0OTHER INCOME
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt1Description: OTHER INCOME
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt22009: 694.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt32010: 6767.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt42011: 1391.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt52012: 5090.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0Pt III Line 12
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc1Pt III Line 12
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc2Pt III Line 12
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc3Pt III Line 12
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc4Pt III Line 12
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc5Pt III Line 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0434416
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0432383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0413876
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0382114
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0472969
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02135758
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0100559
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt041487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt078944
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt068576
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt068028
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0357594
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01391
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt06767
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0694
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013942
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99440
IRS990ScheduleA/PublicSupportPY509Pct00.99340
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt02493352
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0534975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0473870
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0492820
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0450690
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0540997
IRS990ScheduleA/Total509Grp/TotalAmt02493352
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02507294
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0529331

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$1.64$0.85$8.16$7.94$0.21
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$1.69$1.15$9.34$9.20$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.83$0.00$6.80$6.12$0.68
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.85$0.00$8.17$8.26$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.51$0.01$6.43$6.81$0.38
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.24$0.60$7.21$7.07$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.60$0.14$0.46$7.05$7.09$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.33$0.78$6.73$6.09$0.64
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.36$0.14$6.25$6.13$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.29$0.02$5.59$5.87$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.32$0.02$0.30$5.35$5.29$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.15$0.25$4.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.11$0.12$5.20
2011Summary only. Only limited summary data is available for this year.$0.43$0.06$0.37$4.57$4.58$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.08$0.38$5.04