Civic Intelligence

Potomac Place Condominium Association Inc

EIN 65-0998586 • 501(c)3 • Miami, FL

Profile

CONDO ASSOCIATION

12895 SW 132 St APT 103Miami, FL 33186

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

1328.75x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

0.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-51%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-14%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$24

Down $74,831 (-100%) from 2022

Liabilities

Down

$31,890

Down $42,022 (-57%) from 2022

Net Assets

Down

-$31,866

Down $32,809 (-3479%) from 2022

Revenue

Down

$64,155

Down $10,700 (-14%) from 2022

Expenses

Up

$96,964

Up $23,052 (+31%) from 2022

Net Income

Down

-$32,809

Down $33,752 (-3579%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0-$50KAssets 2022: $74,855Liabilities 2022: $73,912Net Assets 2022: $9432022Assets 2023: $24Liabilities 2023: $31,890Net Assets 2023: -$31,8662023

Highlighted filing

2023

Assets$24
Liabilities$31,890
Net Assets-$31,866

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2022: $74,855Expenses 2022: $73,912Net Income 2022: $9432022Revenue 2023: $64,155Expenses 2023: $96,964Net Income 2023: -$32,8092023

Highlighted filing

2023

Revenue$64,155
Expenses$96,964
Net Income-$32,809

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 25, 2024
Return Version
2023v5.1
Gross Receipts
$64,155
Mission and Program Overview

Mission

CONDO ASSOCIATION

Program Services

DescriptionGrantsExpenses
NON PROFIT HOMEOWNER ORGANIZATION--
N/A--
N/A--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT SUCOV President-$0--
SIGLINDA FLORESSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Potomac Place Condominium Association Inc
EIN
65-0998586
Phone
3058035613
Address
12895 SW 132 St APT 103, Miami, FL 33186

Signing Officer

Name
Jameida Lopez
Title
President
Phone
3058035613
Signed
2024-10-25
Discuss with paid preparer
Yes

Preparer

Firm
Jimenez Accounting Inc
Address
8150 SW 8TH STREET 203, MIAMI, FL 33144
Preparer
Ana Maria Mainegra-jimenez
Phone
3052664153
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Late fee income 150

Form 990-EZ, Part I, Line 8, Other Revenue

Returned check fee 40

Form 990-EZ, Part I, Line 8, Other Revenue

Utility income 3,465

Form 990-EZ, Part I, Line 16, Other Expenses

Bank fees 420

Form 990-EZ, Part I, Line 16, Other Expenses

Insurance 55,026

Form 990-EZ, Part I, Line 16, Other Expenses

Lanwscaping 9,500

Form 990-EZ, Part I, Line 16, Other Expenses

Management services 6,655

Form 990-EZ, Part I, Line 16, Other Expenses

Licenses and permits 656

Form 990-EZ, Part II, Line 26, Liabilities

Loan Payable Beginning of year 0, End of year 31,890

Raw XML Appendix164 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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IRS990EZ/BooksInCareOfDetail/PersonNm0FLORIDA ADVANCED PROPERTIES
IRS990EZ/BooksInCareOfDetail/PhoneNum03052335959
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt012895 SW 132 ST SUITE 103
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033186
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0943
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IRS990EZ/CompensationHighestPaidEmplGrp/ExpenseAccountAmt20
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IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm1ROBERT SUCO
IRS990EZ/CompensationHighestPaidEmplGrp/PersonNm2SIGLINDA FLORES
IRS990EZ/CompensationHighestPaidEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0943
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-31866
IRS990EZ/OccupancyRentUtltsAndMaintAmt023433
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT SUCO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SIGLINDA FLORES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0V PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0true
IRS990EZ/OtherExpensesTotalAmt072257
IRS990EZ/OtherRevenueTotalAmt03655
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CONDO ASSOCIATION
IRS990EZ/PrintingPublicationsPostageAmt0174
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1N/A
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2N/A
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt031890
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt096964
IRS990EZ/TotalRevenueAmt064155
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt060500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt074855
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0135355
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97370
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt060500
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IRS990ScheduleA/Total509Grp/TotalAmt0135355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt074855
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0139010
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Late fee income 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Returned check fee 40
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Utility income 3,465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Bank fees 420
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance 55,026
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Lanwscaping 9,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Management services 6,655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Licenses and permits 656
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Loan Payable Beginning of year 0, End of year 31,890
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMEIDA LOPEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03058035613
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POTOMAC PLACE CONDOMINIUM ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0POTO
ReturnHeader/Filer/EIN0650998586
ReturnHeader/Filer/PhoneNum03058035613
ReturnHeader/Filer/USAddress/AddressLine1Txt012895 SW 132 St APT 103
ReturnHeader/Filer/USAddress/CityNm0Miami
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033186
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0592806542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JIMENEZ ACCOUNTING INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08150 SW 8TH STREET 203
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033144
ReturnHeader/PreparerPersonGrp/PhoneNum03052664153
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANA MARIA MAINEGRA-JIMENEZ
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-10-25T04:15:04-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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