Civic Intelligence

Mariner Sands Foundation Inc.

990EZ • Fiscal year 2019 • EIN 80-0037474

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

6500 SE Mariner Sands DriveStuart, FL 34997

(772) 287-6751

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

36th percentile

-4.2%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

22nd percentile

-23%

Faster revenue growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$214,045

Down $9,389 (-4.2%) from 2018

Net Assets

Down

$214,045

Down $9,389 (-4.2%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$35,741

Down $10,567 (-23%) from 2018

Expenses

Down

$45,130

Down $641 (-1.4%) from 2018

Net Income

Down

-$9,389

Down $9,926 (-1848%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $85,598Liabilities 2011: $0Net Assets 2011: $85,5982011Assets 2012: $103,416Liabilities 2012: $0Net Assets 2012: $103,4162012Assets 2013: $172,407Liabilities 2013: $0Net Assets 2013: $172,4072013Assets 2014: $188,307Liabilities 2014: $0Net Assets 2014: $188,3072014Assets 2015: $199,738Liabilities 2015: $0Net Assets 2015: $199,7382015Assets 2016: $255,595Liabilities 2016: $0Net Assets 2016: $255,5952016Assets 2017: $222,897Liabilities 2017: $0Net Assets 2017: $222,8972017Assets 2018: $223,434Liabilities 2018: $0Net Assets 2018: $223,4342018Assets 2019: $214,045Liabilities 2019: $0Net Assets 2019: $214,0452019Assets 2020: $227,310Liabilities 2020: $0Net Assets 2020: $227,3102020Assets 2021: $224,808Liabilities 2021: $0Net Assets 2021: $224,8082021Assets 2022: $187,981Liabilities 2022: $0Net Assets 2022: $187,9812022Assets 2023: $188,611Liabilities 2023: $0Net Assets 2023: $188,6112023Assets 2024: $217,778Liabilities 2024: $0Net Assets 2024: $217,7782024

Highlighted filing

2019

Assets$214,045
Liabilities$0
Net Assets$214,045

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $50,299Expenses 2011: $40,281Net Income 2011: $10,0182011Expenses 2012: $26,5522012Revenue 2013: $104,175Expenses 2013: $35,184Net Income 2013: $68,9912013Revenue 2014: $46,069Expenses 2014: $31,542Net Income 2014: $14,5272014Revenue 2015: $45,348Expenses 2015: $33,917Net Income 2015: $11,4312015Revenue 2016: $94,043Expenses 2016: $39,435Net Income 2016: $54,6082016Revenue 2017: $46,407Expenses 2017: $79,105Net Income 2017: -$32,6982017Revenue 2018: $46,308Expenses 2018: $45,771Net Income 2018: $5372018Revenue 2019: $35,741Expenses 2019: $45,130Net Income 2019: -$9,3892019Revenue 2020: $47,015Expenses 2020: $39,750Net Income 2020: $7,2652020Revenue 2021: $51,685Expenses 2021: $54,452Net Income 2021: -$2,7672021Revenue 2022: $57,985Expenses 2022: $94,812Net Income 2022: -$36,8272022Revenue 2023: $110,834Expenses 2023: $110,204Net Income 2023: $6302023Revenue 2024: $144,544Expenses 2024: $115,377Net Income 2024: $29,1672024

Highlighted filing

2019

Revenue$35,741
Expenses$45,130
Net Income-$9,389
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$42,951
Mission and Program Overview

Mission

To provide community and financial support to individuals, primarily employees of mariner sands country club, inc, and their families. The foundation was established in 2001 by a group of residents of mariner sands country club, inc., a residential community of approximately 770 households in stuart, florida. Grants and interest-free loans are made to assist individuals for a variety of needs, such as legal, medical and dental expense, shelter and transportation costs, such as rent, repairs and purchase assistance, and educational costs, including tuition, books and tools. The foundation also provides advocacy and counseling endeavors at no cost, such as for immigration matters, educational opportunities, finances, medical costs and other creditor matters. It also funds from time to time instruction and materials for an english as a second language program for the employees of mariner sands, such program was not conducted in 2019.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION HAS GIVEN GRANTS TO 16 INDIVIDUALS FOR MEDICAL, LEGAL, AND EDUCATION EXPENSES$33,005$33,005
THE FOUNDATION AWARDED GRANTS UNDER ITS COMMUNITY GRANT PROGRAM TO INDIAN RIVER STATE COLLAGE FOUNDATION. SUCH FOUNDATION ASSISTS THE LOW INCOME POPULATION OF MARTIN COUNTY WITH EDUCATION GRANTS.$9,000$9,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GEORGE FORSYTHDirector, President, TreasurerPT$0--
LAWRENCE DUANEDirector, VP Of OperationsPT$0--
THOMAS COTEDirector. Vice President-$0--
ALFRED KIRCHNERDirector. Vice President-$0--
DANIEL MCDONALDDirector-$0--
SHEPPARD SPEERDirector, Secretary-$0--
SANDY HADIXAsst. Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Mariner Sands Foundation Inc
EIN
80-0037474
Phone
7722876751
Address
6500 SE MARINER SANDS DRIVE, STUART, FL 34997

Signing Officer

Name
George Forsyth
Title
President
Phone
7722876751
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Andersen Tax LLC
Address
1177 AVENUE OF THE AMERICAS 18TH, FLOOR, NEW YORK, NY 10036
Preparer
Benjamin Maldonado
Phone
6462135100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 51.

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

Description: insurance and regulatory fees. Amount: 1,355.

Form 990-ez, Part II, Line 24 - Other Assets

Description: notes receivable. Beg. Of year amount: 82,963. End of year amount: 87,255.

Form 990-ez, Part V, Line 33

While there has been no changes in activity with respect to exempt purpose, the foundation in 2019 assumed financial and administrative responsibility for a helicopter ball drop event, which may be deemed a gaming activity. Such responsibility was formerly undertaken by another charitable organization.

Form 990-ez, Part V, Line 35

At the mariner sands community there is annually held a charity week primarily administered by another charitable organization. During such week various sporting events, raffles, dinners, concerts and other events are held with widespread community participation to raise funds for local charities. Culminating the week is a golf tournament and golf contests, a helicopter golf ball drop and a closing dinner. The ball drop is an important fund raising activity for the foundation. It is held once a year and is a highlight of the closing day. It is administered by a team of unpaid volunteers from the community. Community members participate by purchasing golf balls and the winners are determined by the positions of the dropped golf balls. Participants and other members of the community witness the ball drop and prizes are awarded at the closing dinner. The ball drop serves to highlight the foundation and to encourage further participation in the foundation as donors and volunteers. Apart from the charity week, the foundation solicits donations throughout the year from members of the community by means of letters, emails and reports to community members.

Raw XML Appendix220 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR, PRESIDENT, TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR, VP OF OPERATIONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR. VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR. VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR, SECRETARY
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE COMMUNITY AND FINANCIAL SUPPORT TO INDIVIDUALS, PRIMARILY EMPLOYEES OF MARINER SANDS COUNTRY CLUB, INC, AND THEIR FAMILIES. THE FOUNDATION WAS ESTABLISHED IN 2001 BY A GROUP OF RESIDENTS OF MARINER SANDS COUNTRY CLUB, INC., A RESIDENTIAL COMMUNITY OF APPROXIMATELY 770 HOUSEHOLDS IN STUART, FLORIDA. GRANTS AND INTEREST-FREE LOANS ARE MADE TO ASSIST INDIVIDUALS FOR A VARIETY OF NEEDS, SUCH AS LEGAL, MEDICAL AND DENTAL EXPENSE, SHELTER AND TRANSPORTATION COSTS, SUCH AS RENT, REPAIRS AND PURCHASE ASSISTANCE, AND EDUCATIONAL COSTS, INCLUDING TUITION, BOOKS AND TOOLS. THE FOUNDATION ALSO PROVIDES ADVOCACY AND COUNSELING ENDEAVORS AT NO COST, SUCH AS FOR IMMIGRATION MATTERS, EDUCATIONAL OPPORTUNITIES, FINANCES, MEDICAL COSTS AND OTHER CREDITOR MATTERS. IT ALSO FUNDS FROM TIME TO TIME INSTRUCTION AND MATERIALS FOR AN ENGLISH AS A SECOND LANGUAGE PROGRAM FOR THE EMPLOYEES OF MARINER SANDS, SUCH PROGRAM WAS NOT CONDUCTED IN 2019.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION HAS GIVEN GRANTS TO 16 INDIVIDUALS FOR MEDICAL, LEGAL, AND EDUCATION EXPENSES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION AWARDED GRANTS UNDER ITS COMMUNITY GRANT PROGRAM TO INDIAN RIVER STATE COLLAGE FOUNDATION. SUCH FOUNDATION ASSISTS THE LOW INCOME POPULATION OF MARTIN COUNTY WITH EDUCATION GRANTS.
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IRS990ScheduleG/ExplanationIfNoTxt0NOT SUBJECT TO LICENSING DUE TO NATURE OF ACTIVITIES
IRS990ScheduleG/ExplanationIfYesTxt0N/A
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IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt06500 SE MARINER SANDS DRIVE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 51.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE AND REGULATORY FEES. AMOUNT: 1,355.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: NOTES RECEIVABLE. BEG. OF YEAR AMOUNT: 82,963. END OF YEAR AMOUNT: 87,255.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WHILE THERE HAS BEEN NO CHANGES IN ACTIVITY WITH RESPECT TO EXEMPT PURPOSE, THE FOUNDATION IN 2019 ASSUMED FINANCIAL AND ADMINISTRATIVE RESPONSIBILITY FOR A HELICOPTER BALL DROP EVENT, WHICH MAY BE DEEMED A GAMING ACTIVITY. SUCH RESPONSIBILITY WAS FORMERLY UNDERTAKEN BY ANOTHER CHARITABLE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AT THE MARINER SANDS COMMUNITY THERE IS ANNUALLY HELD A CHARITY WEEK PRIMARILY ADMINISTERED BY ANOTHER CHARITABLE ORGANIZATION. DURING SUCH WEEK VARIOUS SPORTING EVENTS, RAFFLES, DINNERS, CONCERTS AND OTHER EVENTS ARE HELD WITH WIDESPREAD COMMUNITY PARTICIPATION TO RAISE FUNDS FOR LOCAL CHARITIES. CULMINATING THE WEEK IS A GOLF TOURNAMENT AND GOLF CONTESTS, A HELICOPTER GOLF BALL DROP AND A CLOSING DINNER. THE BALL DROP IS AN IMPORTANT FUND RAISING ACTIVITY FOR THE FOUNDATION. IT IS HELD ONCE A YEAR AND IS A HIGHLIGHT OF THE CLOSING DAY. IT IS ADMINISTERED BY A TEAM OF UNPAID VOLUNTEERS FROM THE COMMUNITY. COMMUNITY MEMBERS PARTICIPATE BY PURCHASING GOLF BALLS AND THE WINNERS ARE DETERMINED BY THE POSITIONS OF THE DROPPED GOLF BALLS. PARTICIPANTS AND OTHER MEMBERS OF THE COMMUNITY WITNESS THE BALL DROP AND PRIZES ARE AWARDED AT THE CLOSING DINNER. THE BALL DROP SERVES TO HIGHLIGHT THE FOUNDATION AND TO ENCOURAGE FURTHER PARTICIPATION IN THE FOUNDATION AS DONORS AND VOLUNTEERS. APART FROM THE CHARITY WEEK, THE FOUNDATION SOLICITS DONATIONS THROUGHOUT THE YEAR FROM MEMBERS OF THE COMMUNITY BY MEANS OF LETTERS, EMAILS AND REPORTS TO COMMUNITY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART V, LINE 33
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART V, LINE 35
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01177 AVENUE OF THE AMERICAS 18TH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010036
ReturnHeader/PreparerPersonGrp/PhoneNum06462135100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BENJAMIN MALDONADO
ReturnHeader/ReturnTs02020-11-16T12:00:50-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$1.45$1.15$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$1.11$1.10$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.58$0.95$0.37
2021Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.52$0.54$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.47$0.40$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.36$0.45$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.46$0.46$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.46$0.79$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$0.94$0.39$0.55
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.45$0.34$0.11
2014Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.46$0.32$0.15
2013Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$1.04$0.35$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.27
2011Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.50$0.40$0.10