Civic Intelligence

Flcf Holdings Inc

990 • Fiscal year 2019 • EIN 81-3049765

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 20, 2020

139 Bulldog WayFrostproof, FL 33843

(863) 635-4500

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

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

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

20th percentile

0.00x

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

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Net Margin

97th percentile

100%

Higher net margin than 97% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

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

2019 filings • 501(c)2 • $1M-$5M nonprofits • Source year 2019

Asset Growth

74th percentile

3.8%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)2 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Up

$1,090,008

Up $40,003 (+3.8%) from 2018

Net Assets

Up

$1,090,008

Up $40,003 (+3.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$3

Up $3 from 2018

Expenses

Flat

$0

Flat from 2018

Net Income

Up

$3

Up $3 from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $25,000Liabilities 2016: $02016Assets 2017: $25,000Liabilities 2017: $0Net Assets 2017: $25,0002017Assets 2018: $1,050,005Liabilities 2018: $0Net Assets 2018: $1,050,0052018Assets 2019: $1,090,008Liabilities 2019: $0Net Assets 2019: $1,090,0082019Assets 2020: $1,119,715Liabilities 2020: $0Net Assets 2020: $1,119,7152020Assets 2021: $1,154,725Liabilities 2021: $0Net Assets 2021: $1,154,7252021Assets 2022: $1,176,038Liabilities 2022: $0Net Assets 2022: $1,176,0382022Assets 2023: $1,213,104Liabilities 2023: $0Net Assets 2023: $1,213,1042023Assets 2024: $1,221,667Liabilities 2024: $0Net Assets 2024: $1,221,6672024Assets 2025: $1,270,837Liabilities 2025: $0Net Assets 2025: $1,270,8372025

Highlighted filing

2019

Assets$1,090,008
Liabilities$0
Net Assets$1,090,008

Operations Trend

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

$10K$5.0K$0Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $3Expenses 2019: $0Net Income 2019: $32019Revenue 2020: $7Expenses 2020: $0Net Income 2020: $72020Revenue 2021: $10Expenses 2021: $0Net Income 2021: $102021Revenue 2022: $13Expenses 2022: $0Net Income 2022: $132022Revenue 2023: $66Expenses 2023: $0Net Income 2023: $662023Revenue 2024: $8,563Expenses 2024: $0Net Income 2024: $8,5632024Revenue 2025: $0Expenses 2025: $0Net Income 2025: $02025

Highlighted filing

2019

Revenue$3
Expenses$0
Net Income$3
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 20, 2020
Return Version
2019v5.0
Gross Receipts
$3
Mission and Program Overview

Mission

Hold assets of a nonprofit corp.

It holds the assets of a nonprofit corp

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,050,005$1,090,008▲ $40,003
Land, Buildings, and Equipment, Net$1,015,000$1,055,000▲ $40,000
Savings and Temporary Cash Investments$35,005$35,008▲ $3
Total Assets$1,050,005$1,090,008▲ $40,003
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,050,005$1,090,008▲ $40,003
Total Liabilities and Net Assets / Fund Balance$1,050,005$1,090,008▲ $40,003

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$892,000--
Other Land Buildings$3,000--
Land$110,000--
Equipment$50,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly GalatiPresident
Wiston MartinSecretary
William a BrewnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$3
Other Revenue
$0
Change in Net Assets
$3
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Flcf Holdings Inc
EIN
81-3049765
Phone
8636354500
Address
139 BULLDOG WAY, FROSTPROOF, FL 33843

Signing Officer

Name
Kelly Galati
Title
President
Phone
8636354500
Signed
2020-03-20

Organization Details

Principal Officer
Kelly Galati
Formed
2019
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Diane B Stephens
Address
1165 Stokes Rd, Lake Wales, FL 33898-9143
Preparer
Diane B Stephens
Phone
8636321851
Supplemental Narrative

Additional Explanations

Pt XI

Assets increased in fair market value of building #2

Pt VI, Line 11B

Distrubuted to and reviewed by all board members at a scheduled meeting prior to filing

Raw XML Appendix247 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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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/ReturnTs02020-04-03T13:42:19-07:00
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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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