Civic Intelligence

Marine Industry Education Foundation of Palm Beach County Inc

990 • Fiscal year 2015 • EIN 65-0911214

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 21, 2015

Organization ProfileMIEFPBC.ORG
PO Box 14879North Palm Beach, FL 33408

(561) 625-6644

Siviq Scores

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

Liabilities / Assets

97th percentile

2.12x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

0.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-103%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

78th percentile

$7,200

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-66%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$44,821

Down $80,265 (-64%) from 2014

Net Assets

Down

-$49,987

Down $144,980 (-153%) from 2014

Liabilities

Up

$94,808

Up $64,715 (+215%) from 2014

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin4th percentile

Revenue

Down

$140,541

Down $268,291 (-66%) from 2014

Expenses

Down

$285,571

Down $55,314 (-16%) from 2014

Net Income

Down

-$145,030

Down $212,977 (-313%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$150K$100K$50K$0-$50K-$100KAssets 2011: $3,600Liabilities 2011: $5,121Net Assets 2011: -$1,5212011Assets 2012: $114,768Liabilities 2012: $114,166Net Assets 2012: $6022012Assets 2013: $37,342Liabilities 2013: $10,296Net Assets 2013: $27,0462013Assets 2014: $125,086Liabilities 2014: $30,093Net Assets 2014: $94,9932014Assets 2015: $44,821Liabilities 2015: $94,808Net Assets 2015: -$49,9872015Assets 2016: $34,960Liabilities 2016: $86,268Net Assets 2016: -$51,3082016Assets 2017: $41,990Liabilities 2017: $56,367Net Assets 2017: -$14,3772017Assets 2018: $75,738Liabilities 2018: $25,255Net Assets 2018: $50,4832018

Highlighted filing

2015

Assets$44,821
Liabilities$94,808
Net Assets-$49,987
Open 2015 Filing

Operations Trend

Revenue Growth6th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $21,319Expenses 2011: $69,780Net Income 2011: -$48,4612011Expenses 2012: $145,8722012Expenses 2013: $219,9082013Revenue 2014: $408,832Expenses 2014: $340,885Net Income 2014: $67,9472014Revenue 2015: $140,541Expenses 2015: $285,571Net Income 2015: -$145,0302015Revenue 2016: $104,261Expenses 2016: $105,582Net Income 2016: -$1,3212016Revenue 2017: $79,420Expenses 2017: $42,489Net Income 2017: $36,9312017Revenue 2018: $95,711Expenses 2018: $30,851Net Income 2018: $64,8602018

Highlighted filing

2015

Revenue$140,541
Expenses$285,571
Net Income-$145,030
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 21, 2015
Return Version
2014v5.0
Gross Receipts
$381,072
Mission and Program Overview

Mission

The mission of the marine industry educational foundation is to generate funds to support a wide array of enrichment endeavors, including educational, cultural, athletic and other related activities that benefit the students, teachers and staff of the riviera beach maritime academy. The mission of the riviera beach maritime academy is to provide students with a rigorous academic and hands-on education with career exploration in the maritime industries. And to promote rehabilitation to severely disabled veterans through sporting events.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$60,659$40,834▼ $19,825
Accounts Receivable$38,307--
Land, Buildings, and Equipment, Net$22,520$387▼ $22,133
Total Assets$125,086$44,821▼ $80,265
Other Assets Total$3,600$3,600→ $0
Liabilities
Unsecured Notes Loans Payable-$83,802-
Accounts Payable and Accrued Expenses$30,093$11,006▼ $19,087
Total Liabilities$30,093$94,808▲ $64,715
Net Assets / Fund Balance
Temporarily Rstr Net Assets$72,586$498▼ $72,088
Unrestricted Net Assets$22,407$-50,485▼ $72,892
Total Net Assets Fund Balance$94,993$-49,987▼ $144,980
Total Liabilities and Net Assets / Fund Balance$125,086$44,821▼ $80,265

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$387$124,486$124,873
Other Assets Org$3,600--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Andy FlackExecutive DiPT$7,200$7,200
Chuck HaythornSecretary-$6,150$6,150
Chuck CairnesTreasurer-$2,000$2,000

Board Members and Trustees

NameTitle
Bob HackneyPresident
Bruce MorganDirector
Dick MurrayDirector
Louis DanielloDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$81,457
Program Service Revenue
$5,170
Investment Income
$-4,033
Other Revenue
$57,947
All Other Contributions
$13,470
Change in Net Assets
$-145,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,500
Other Expenses$119,071
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$166,500--$166,500
All Other Expenses$22,255$1,392-$23,647
Other Expenses$7,601$1,770-$7,601
Fees for Services Other$6,808--$6,808
Fees for Services Accounting$4,800$1,200-$6,000
Insurance$4,139--$4,139
Occupancy$3,144$305-$3,449
Interest-$2,421-$2,421
Depreciation Depletion$1,350--$1,350
Office Expenses$389$68-$457
Travel$320$80-$400
Advertising$252$63-$315
Total Functional Expenses$242,914$42,657$0$285,571
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Cancer SocietyOklahoma City, OK501c3-$80,000
Cystic Fibrosis FoundationBethesda, MD501c3-$60,000
Riviera Beach Maritime AcademyRiviera Beach, FL501c3-$16,500
Veterns Adaptive Sports IncN Palm Beach, FL501c3-$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$277,645
Fundraising Direct Expenses$219,698
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winners Circle$345,632$277,645$109,666$167,979
Total Events$345,632$277,645$145,067$132,578
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
-Board MemberAccounting ServicesNo$2,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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

Form 990, Page 6, Part VI, Line 11B

“Cpa prepares return, it is given to the board members to review, the board votes to accept and file the return.”

Form 990, Page 6, Part VI, Line 12C

“4. Violations of the conflicts of interest policy a.if the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B.if, after hearing the member's response and after making further investigation as warranted by the circumstances the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest it shall take appropriate disciplinary and corrective action.”

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

“Board approves all payroll”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Marine Industry Education
EIN
65-0911214
Phone
5616256644
Address
PO BOX 14879, NORTH PALM BEACH, FL 33408

Signing Officer

Name
Charles W Cairnes
Title
CFO
Phone
5616256644
Signed
2015-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew J Flack
Formed
1999
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Bordeleau Cairnes & Coopersmith LLC
Address
840 US HIGHWAY 1 STE 100, NORTH PALM BEACH, FL 33408-3890
Preparer
Charles W Cairnes Jr
Phone
5616256644
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the marine industry educational foundation is to generate funds to support a wide array of enrichment endeavors, including educational, cultural, athletic and other related activities that benefit the students, teachers and staff of the riviera beach maritime academy. The mission of the riviera beach maritime academy is to provide students with a rigorous academic and hands-on education with career exploration in the maritime industries. And to promote rehabilitation to severely disabled veterans through sporting events.”

Form 990, Page 2, Part III, Line 4A

“Students. Clubs and competitions include scuba, rov, and sea scouts.”

Form 990, Page 2, Part III, Line 4D

“To promote rehabilitation to severely disabled veterans through sporting events.”

Form 990, Part XI, Line 9

“Book / tax depreciation difference 50”

Raw XML AppendixShowing 400 of 441 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/BOYAmt030093
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt011006
IRS990/AccountsReceivableGrp/BOYAmt038307
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE MARINE INDUSTRY EDUCATIONAL FOUNDATION IS TO GENERATE FUNDS TO SUPPORT A WIDE ARRAY OF ENRICHMENT ENDEAVORS, INCLUDING EDUCATIONAL, CULTURAL, ATHLETIC AND OTHER RELATED ACTIVITIES THAT BENEFIT THE STUDENTS, TEACHERS AND STAFF OF THE RIVIERA BEACH MARITIME ACADEMY. THE MISSION OF THE RIVIERA BEACH MARITIME ACADEMY IS TO PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC AND HANDS-ON EDUCATION WITH CAREER EXPLORATION IN THE MARITIME INDUSTRIES. AND TO PROMOTE REHABILITATION TO SEVERELY DISABLED VETERANS THROUGH SPORTING EVENTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt063
IRS990/AdvertisingGrp/ProgramServicesAmt0252
IRS990/AdvertisingGrp/TotalAmt0315
IRS990/AllOtherContributionsAmt013470
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01392
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022255
IRS990/AllOtherExpensesGrp/TotalAmt023647
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0CHARLES CAIRNES
IRS990/BooksInCareOfDetail/PhoneNum05616256644
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 14879
IRS990/BooksInCareOfDetail/USAddress/CityNm0N PALM BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033408
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/CashNonInterestBearingGrp/BOYAmt060659
IRS990/CashNonInterestBearingGrp/EOYAmt040834
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt067987
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt081457
IRS990/CYGrantsAndSimilarPaidAmt0166500
IRS990/CYInvestmentIncomeAmt0-4033
IRS990/CYOtherExpensesAmt0119071
IRS990/CYOtherRevenueAmt057947
IRS990/CYProgramServiceRevenueAmt05170
IRS990/CYRevenuesLessExpensesAmt0-145030
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0285571
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0140541
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01350
IRS990/DepreciationDepletionGrp/TotalAmt01350
IRS990/Desc0THE FOCUS OF THE MARINE INDUSTRY EDUCATIONAL FOUNDATION IS TO PROVIDE FINANCIAL SUPPORT TO THE RIVIERA BEACH MARITIME ACADEMY - A FREE, PUBLIC CHARTER HIGH SCHOOL WITH GRADES 9-12 WHICH IS LOCATED NEAR THE INTRACOASTAL WATERWAY IN THE CITY OF RIVIERA BEACH. RIVIERA BEACH MARITIME ACADEMY HAS HIGH ACADEMIC STANDARDS; AN ALL HONORS CURRICULUM, AND A HANDS-ON APPROACH TO EDUCATION AND TRAINING. CORE ACADEMIC SUBJECTS INCLUDE ENGLISH, HISTORY, MATH AND SCIENCE. SPECIALIZED MARITIME COURSES, SUCH AS SEAMANSHIP, ALLOW STUDENTS TO EXPLORE MARINE CAREERS. INTERNSHIPS AND JOB SHADOWING ARE AVAILABLE TO ALL STUDENTS. CLUBS AND COMPETITIONS INCLUDE SCUBA, ROV, AND SEA SCOUTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt072859
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01200
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt04800
IRS990/FeesForServicesAccountingGrp/TotalAmt06000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06808
IRS990/FeesForServicesOtherGrp/TotalAmt06808
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt616.00
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/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CHUCK HAYTHORN
IRS990/Form990PartVIISectionAGrp/PersonNm1CHUCK CAIRNES
IRS990/Form990PartVIISectionAGrp/PersonNm2BOB HACKNEY
IRS990/Form990PartVIISectionAGrp/PersonNm3LOUIS DANIELLO
IRS990/Form990PartVIISectionAGrp/PersonNm4DICK MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm5BRUCE MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm6ANDY FLACK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt06150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt67200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt067987
IRS990/FundraisingDirectExpensesAmt0219698
IRS990/FundraisingGrossIncomeAmt0277645
IRS990/GainOrLossGrp/OtherAmt0-4033
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt016500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0166500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0166500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt016800
IRS990/GrossReceiptsAmt0381072
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt04139
IRS990/InsuranceGrp/TotalAmt04139
IRS990/InterestGrp/ManagementAndGeneralAmt02421
IRS990/InterestGrp/TotalAmt02421
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0124486
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022520
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0387
IRS990/LandBldgEquipCostOrOtherBssAmt0124873
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt020833
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE MARINE INDUSTRY EDUCATIONAL FOUNDATION IS TO GENERATE FUNDS TO SUPPORT A WIDE ARRAY OF ENRICHMENT ENDEAVORS, INCLUDING EDUCATIONAL, CULTURAL, ATHLETIC AND OTHER RELATED ACTIVITIES THAT BENEFIT THE STUDENTS, TEACHERS AND STAFF OF THE RIVIERA BEACH MARITIME ACADEMY. THE MISSION OF THE RIVIERA BEACH MARITIME ACADEMY IS TO PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC AND HANDS-ON EDUCATION WITH CAREER EXPLORATION IN THE MARITIME INDUSTRIES. AND TO PROMOTE REHABILITATION TO SEVERELY DISABLED VETERANS THROUGH SPORTING EVENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt094993
IRS990/NetAssetsOrFundBalancesEOYAmt0-49987
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4033
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4033
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt058661
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt057947
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ManagementAndGeneralAmt0305
IRS990/OccupancyGrp/ProgramServicesAmt03144
IRS990/OccupancyGrp/TotalAmt03449
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt068
IRS990/OfficeExpensesGrp/ProgramServicesAmt0389
IRS990/OfficeExpensesGrp/TotalAmt0457
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03600
IRS990/OtherAssetsTotalGrp/EOYAmt03600
IRS990/OtherChangesInNetAssetsAmt050
IRS990/OtherExpensesGrp/Desc0BAD DEBTS
IRS990/OtherExpensesGrp/Desc1BOAT EXPENSES
IRS990/OtherExpensesGrp/Desc2CASUAL LABOR
IRS990/OtherExpensesGrp/Desc3BOAT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035358
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11770
IRS990/OtherExpensesGrp/ProgramServicesAmt018276
IRS990/OtherExpensesGrp/ProgramServicesAmt17080
IRS990/OtherExpensesGrp/ProgramServicesAmt27601
IRS990/OtherExpensesGrp/TotalAmt035358
IRS990/OtherExpensesGrp/TotalAmt118276
IRS990/OtherExpensesGrp/TotalAmt28850
IRS990/OtherExpensesGrp/TotalAmt37601
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ANDREW J FLACK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ADULT EDUCATION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05170
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05170
IRS990/ProgSrvcAccomActy2Grp/Desc0ADULT EDUCATION AND TRAINING FOR INDIVIDUALS SEEKING A CAPTAIN'S LICENSE COURSE, IS AVAILABLE THROUGH THE MARINE INDUSTRIES EDUCATION FOUNDATION. IT IS MORE COMMONLY CALLED THE OPERATOR OF UNINSPECTED PASSENGER VESSELS OF 6-PAK. THE WORD "UNINSPECTED" MEANS THAT THE EQUIPMENT REQUIRED AND THE DESIGN OF THE BOAT IS LESS REGULATED. THE PHRASE "6-PAK" REFERS TO THE 6 PASSENGER LIMITATION PLACED ON THE BOAT. THE 6-PAK LICENSE IS FULLY UPGRADEABLE TO A 100 TON MASTER COURSE, WHICH IS ALSO OFFERED BY THE FOUNDATION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06808
IRS990/ProgSrvcAccomActy3Grp/Desc0CHARTER ORGANIZATION OF SEA SCOUT SHIP 777
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt011129
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROMOTE REHABILITATION TO SEVERELY DISABLED VETERANS THROUGH SPORTING EVENTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0152118
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0150000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0247384
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0141000
IRS990/PYOtherExpensesAmt0182661
IRS990/PYOtherRevenueAmt0145928
IRS990/PYProgramServiceRevenueAmt015520
IRS990/PYRevenuesLessExpensesAmt067947
IRS990/PYSalariesCompEmpBnftPaidAmt017224
IRS990/PYTotalExpensesAmt0340885
IRS990/PYTotalRevenueAmt0408832
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-145030
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 1,028,294
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt081457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0247384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0226432
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt046971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt014770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0617014
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05170
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0277645
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0428275
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0244630
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0329269
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt026120
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01305939
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.32090
IRS990ScheduleA/PublicSupportPY170Pct00.37900
IRS990ScheduleA/PublicSupportTotal170Amt0617014
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt081457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0247384
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0226432
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt046971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt014770
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0617014
IRS990ScheduleA/TotalSupportAmt01922953
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EMPLOYMENT WEB SITE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0387
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0124486
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0124873
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0387
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt067987
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt067987
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0145067
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WINNERS CIRCLE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt026695
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt026695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0345632
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0345632
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0277645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0277645
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0132578
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt08306
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt08306
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0109666
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0109666
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt016500
IRS990ScheduleI/RecipientTable/CashGrantAmt160000
IRS990ScheduleI/RecipientTable/CashGrantAmt280000
IRS990ScheduleI/RecipientTable/CashGrantAmt310000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501C3
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIVIERA BEACH MARITIME ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CYSTIC FIBROSIS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AMERICAN CANCER SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3VETERNS ADAPTIVE SPORTS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0204325983
IRS990ScheduleI/RecipientTable/RecipientEIN1131930701
IRS990ScheduleI/RecipientTable/RecipientEIN2131788491
IRS990ScheduleI/RecipientTable/RecipientEIN3383811657
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0251 WEST 11TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt16931 ARLINGTON RD STE 200
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 22718
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 14879
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RIVIERA BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BETHESDA
IRS990ScheduleI/RecipientTable/USAddress/CityNm2OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm3N PALM BEACH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033404
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd120814
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd2731231718
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd333408
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0CHARLES W CAIRNES JR PA CPA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt02000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ACCOUNTING SERVICES
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE MARINE INDUSTRY EDUCATIONAL FOUNDATION IS TO GENERATE FUNDS TO SUPPORT A WIDE ARRAY OF ENRICHMENT ENDEAVORS, INCLUDING EDUCATIONAL, CULTURAL, ATHLETIC AND OTHER RELATED ACTIVITIES THAT BENEFIT THE STUDENTS, TEACHERS AND STAFF OF THE RIVIERA BEACH MARITIME ACADEMY. THE MISSION OF THE RIVIERA BEACH MARITIME ACADEMY IS TO PROVIDE STUDENTS WITH A RIGOROUS ACADEMIC AND HANDS-ON EDUCATION WITH CAREER EXPLORATION IN THE MARITIME INDUSTRIES. AND TO PROMOTE REHABILITATION TO SEVERELY DISABLED VETERANS THROUGH SPORTING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STUDENTS. CLUBS AND COMPETITIONS INCLUDE SCUBA, ROV, AND SEA SCOUTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROMOTE REHABILITATION TO SEVERELY DISABLED VETERANS THROUGH SPORTING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CPA PREPARES RETURN, IT IS GIVEN TO THE BOARD MEMBERS TO REVIEW, THE BOARD VOTES TO ACCEPT AND FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt44. VIOLATIONS OF THE CONFLICTS OF INTEREST POLICY A.IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B.IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD APPROVES ALL PAYROLL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BOOK / TAX DEPRECIATION DIFFERENCE 50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt072586
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0498
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0125086
IRS990/TotalAssetsEOYAmt044821
IRS990/TotalAssetsGrp/BOYAmt0125086
IRS990/TotalAssetsGrp/EOYAmt044821
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt081457
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt042657
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0242914
IRS990/TotalFunctionalExpensesGrp/TotalAmt0285571
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030093
IRS990/TotalLiabilitiesEOYAmt094808
IRS990/TotalLiabilitiesGrp/BOYAmt030093
IRS990/TotalLiabilitiesGrp/EOYAmt094808
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt094993
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-49987
IRS990/TotalOtherProgSrvcExpenseAmt0152118
IRS990/TotalOtherProgSrvcGrantAmt0150000
IRS990/TotalProgramServiceExpensesAmt0242914
IRS990/TotalProgramServiceRevenueAmt05170
IRS990/TotalReportableCompFromOrgAmt015350
IRS990/TotalRevenueGrp/ExclusionAmt058661
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01137
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0140541
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0125086
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt044821
IRS990/TravelGrp/ManagementAndGeneralAmt080
IRS990/TravelGrp/ProgramServicesAmt0320
IRS990/TravelGrp/TotalAmt0400
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,821
Liabilities
$94,808
Net assets
-$49,987
Revenue
$140,541
Expenses
$285,571
Net income
-$145,030
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.25$0.50$0.96$0.31$0.65
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.56$0.14$0.79$0.42$0.37
2016Summary only. Only limited summary data is available for this year.$0.35$0.86$0.51$1.04$1.06$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.45$0.95$0.50$1.41$2.86$1.45
2014Detailed filing. Detailed filing data is available for this year.$1.25$0.30$0.95$4.09$3.41$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.10$0.27$2.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$1.14$0.01$1.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.05$0.02$0.21$0.70$0.48