Civic Intelligence

The Bay Park Conservancy Inc.

990 • Fiscal year 2020 • EIN 81-4653473

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 26, 2021

Organization Profilewww.thebaysarasota.org
655 N Tamiami TrailSarasota, FL 34236

(941) 203-5316

Siviq Scores

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

Liabilities / Assets

38th percentile

0.08x

Higher debt load relative to assets than 38% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.12x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

72nd percentile

17%

Higher net margin than 72% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

75th percentile

21%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-29%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$9,659,485

Up $1,663,207 (+21%) from 2019

Net Assets

Up

$8,868,298

Up $1,103,271 (+14%) from 2019

Liabilities

Up

$791,187

Up $559,936 (+242%) from 2019

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin72nd percentile

Revenue

Down

$6,655,199

Down $2,656,793 (-29%) from 2019

Expenses

Up

$5,551,928

Up $3,732,603 (+205%) from 2019

Net Income

Down

$1,103,271

Down $6,389,396 (-85%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2017: $198,996Liabilities 2017: $0Net Assets 2017: $198,9962017Assets 2018: $272,714Liabilities 2018: $354Net Assets 2018: $272,3602018Assets 2019: $7,996,278Liabilities 2019: $231,251Net Assets 2019: $7,765,0272019Assets 2020: $9,659,485Liabilities 2020: $791,187Net Assets 2020: $8,868,2982020Assets 2021: $16,645,209Liabilities 2021: $1,557,742Net Assets 2021: $15,087,4672021Assets 2022: $5,269,856Liabilities 2022: $5,993,192Net Assets 2022: -$723,3362022Assets 2023: $8,915,150Liabilities 2023: $1,325,698Net Assets 2023: $7,589,4522023Assets 2024: $15,937,875Liabilities 2024: $1,978,614Net Assets 2024: $13,959,2612024

Highlighted filing

2020

Assets$9,659,485
Liabilities$791,187
Net Assets$8,868,298
Open 2020 Filing

Operations Trend

Revenue Growth15th percentile

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

$30M$20M$10M$0-$10M-$20MRevenue 2017: $544,780Expenses 2017: $345,784Net Income 2017: $198,9962017Revenue 2018: $1,613,550Expenses 2018: $1,540,186Net Income 2018: $73,3642018Revenue 2019: $9,311,992Expenses 2019: $1,819,325Net Income 2019: $7,492,6672019Revenue 2020: $6,655,199Expenses 2020: $5,551,928Net Income 2020: $1,103,2712020Revenue 2021: $18,178,827Expenses 2021: $11,975,267Net Income 2021: $6,203,5602021Revenue 2022: $4,409,974Expenses 2022: $20,182,419Net Income 2022: -$15,772,4452022Revenue 2023: $13,615,624Expenses 2023: $5,374,923Net Income 2023: $8,240,7012023Revenue 2024: $15,890,710Expenses 2024: $9,828,610Net Income 2024: $6,062,1002024

Highlighted filing

2020

Revenue$6,655,199
Expenses$5,551,928
Net Income$1,103,271
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 26, 2021
Return Version
2020v4.1
Gross Receipts
$6,655,199
Mission and Program Overview

Mission

The organizations mission is to present a vibrant, comprehensive, long-term master plan for the City of Sarasota and its community that is financially feasible, operationally viable and environmentally sustainable.

The Bay Park Conservancy supports the creation and implementation of a long-term master plan for the Sarasota bayfront area that will establish a cultural and economic legacy for the region while ensuring open, public access for all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$7,537,866$8,331,452▲ $793,586
Pledges and Grants Receivable$406,400$1,301,929▲ $895,529
Cash and Non-Interest-Bearing Accounts$49,898$24,879▼ $25,019
Prepaid Expenses and Deferred Charges$2,114$1,225▼ $889
Total Assets$7,996,278$9,659,485▲ $1,663,207
Liabilities
Accounts Payable and Accrued Expenses$231,251$791,187▲ $559,936
Total Liabilities$231,251$791,187▲ $559,936
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,118,627$8,628,298▲ $1,509,671
Net Assets With Donor Restrictions$646,400$240,000▼ $406,400
Total Net Assets Fund Balance$7,765,027$8,868,298▲ $1,103,271
Total Liabilities and Net Assets / Fund Balance$7,996,278$9,659,485▲ $1,663,207

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$240,000---$240,000
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
William WaddillChief Implementation OfficerFT$172,948$32,082$205,030
William Waddill--$172,948$32,082$205,030

Board Members and Trustees

NameTitle
Cathy LaytonBoard Chair
Carlos de QuesadaDirector
Cynthia McCagueDirector
E Keith DuBoseDirector
Emily WalshDirector
Leslie TurnerDirector
Liz AlpertDirector
Michael KlauberDirector
Steven CoverDirector
AG LafleyFounding CEO
Jennifer ComptonSecretary
Robert LaneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Veronica BradyDirector of AdvancementPO Box 3585, Sarasota, FL 34230$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,575,582
Program Service Revenue
$0
Investment Income
$46,426
Other Revenue
$33,191
All Other Contributions
$5,311,960
Change in Net Assets
$1,103,271

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,655,199
Total Revenue per Audited Statements
$6,655,199
Total Revenue per Form 990
$6,655,199
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,241,922
Salaries, Compensation, and Employee Benefits$310,006
Total Fundraising Expense$128,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,978,981$38,245$109,116$2,126,342
Other Salaries and Wages$210,784$35,952$12,978$259,714
Other Expenses$213,535$0$0$213,535
Occupancy$31,309$6,913$2,440$40,662
Other Employee Benefits$27,809$4,743$1,713$34,265
Fees for Services Accounting$0$28,977$0$28,977
Office Expenses$14,948$3,300$1,165$19,413
Payroll Taxes$13,008$2,219$800$16,027
Insurance$9,379$2,071$731$12,181
Total Functional Expenses$5,300,565$122,420$128,943$5,551,928

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,551,928
Total Expenses per Audited Statements$5,551,928
Total Expenses per Form 990$5,551,928
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 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
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

Filer Name
The Bay Park Conservancy Inc
EIN
81-4653473
Phone
9412035316
Address
655 N Tamiami Trail, Sarasota, FL 34236

Signing Officer

Name
AG Lafley
Title
Founding CEO
Phone
9412035316
Signed
2021-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
AG Lafley
Formed
2016
Legal Domicile
Fl
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
100

Preparer

Firm
Fontana CPAS
Address
13007 W Linebaugh Ave, Tampa, FL 33626
Preparer
Eric Fontana
Phone
7277999533
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The completed Form 990 will be reviewed by the Finance Committee, then forwarded to the Board Members for review before filing.”

Pt VI, Line 19

“The Bay Park Conservancy Inc f.k.a. Sarasota Bayfront Planning Organization operates under the Florida Public Meetings and Open Records laws. All board meetings are publicaly noticed, documents are posted on The Bay Park Conservancy Inc website and all applicable records are open for public review.”

Pt VI, Line 12C

“Annual process completed at September board meeting.”

Pt VI, Line 15A

“The members of the Resource Committee, consisting of community volunteers, in consultation with subject matter experts in master planning, design, urban planning, human resource management and not-for-profit management, participated in a review of position descriptions and compensation. Subsequent approval by Executive Committee.”

Pt VI, Line 15B

“The members of the Resource Committee, consisting of community volunteers, in consultation with subject matter experts in master planning, design, urban planning, human resource management and not-for-profit management, participated in a review of position descriptions and compensation. Subsequent approval by Executive Committee.”

Form 990, Part IX, Line 11G

“Design and plan consultants 1386751. 1386751. 0. 0.”

Form 990, Part IX, Line 11G

“Advancement consultant 196763. 51352. 36353. 109058.”

Form 990, Part IX, Line 11G

“Professional services 2884. 934. 1892. 58.”

Form 990, Part IX, Line 11G

“Other consultants 539944. 539944. 0. 0.”

Financial Statement Notes

Pt V, Line 4

“The Bay's endowment currently consists of funds established for wetlands, bayou and mangrove restoration.”

Pt X, Line 2

“The Bay is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to The Bay's tax-exempt purpose is subject to taxation as unrelated business income. For the year ended December 31, 2020 there was no income tax expense from these activities. The Bay follows the provisions of ASC Topic 740, Implementation Guidance on Accounting for Uncertainity in Income Taxes and Disclosure Amendments for Nonpublic Entities (ASC Topic 740), in conjunction with its adoption of Financial Accounting Standards Board (FASB) Interpretation No. 48, Accounting for Uncertainity in Income Taxes (now included in Accounting Standards Codification (ASC) Subtopic 740-10, Income Taxes - Overall). The Bay recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Income generated from activities unrelated to the Bay's exempt purpose is subject to tax.”

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IRS990/OfficeExpensesGrp/ProgramServicesAmt014948
IRS990/OfficeExpensesGrp/TotalAmt019413
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01713
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04743
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027809
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034265
IRS990/OtherExpensesGrp/Desc0Construction costs
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Communications and outreach
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt02721145
IRS990/OtherExpensesGrp/ProgramServicesAmt179667
IRS990/OtherExpensesGrp/ProgramServicesAmt2213535
IRS990/OtherExpensesGrp/TotalAmt02721145
IRS990/OtherExpensesGrp/TotalAmt179667
IRS990/OtherExpensesGrp/TotalAmt2213535
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0PPP Loan Proceeds
IRS990/OtherRevenueMiscGrp/ExclusionAmt033191
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt033191
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt033191
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt012978
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035952
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0210784
IRS990/OtherSalariesAndWagesGrp/TotalAmt0259714
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0800
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02219
IRS990/PayrollTaxesGrp/ProgramServicesAmt013008
IRS990/PayrollTaxesGrp/TotalAmt016027
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0406400
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01301929
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02114
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01225
IRS990/PrincipalOfficerNm0AG Lafley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt09248550
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt063372
IRS990/PYOtherExpensesAmt01643703
IRS990/PYOtherRevenueAmt070
IRS990/PYRevenuesLessExpensesAmt07492667
IRS990/PYSalariesCompEmpBnftPaidAmt0175622
IRS990/PYTotalExpensesAmt01819325
IRS990/PYTotalRevenueAmt09311992
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01103271
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07537866
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08331452
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Miscellaneous revenue 2020: 33191.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06575582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt08842220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01613362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0544760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt017575924
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt046426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt046623
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033191
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033191
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt016875754
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0700170
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06575582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt08842220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01613362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0544760
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt017575924
IRS990ScheduleA/TotalSupportAmt017655738
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0240000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0240000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt05551928
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueSubtotalAmt06655199
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Bay's endowment currently consists of funds established for wetlands, bayou and mangrove restoration.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Bay is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities not directly related to The Bay's tax-exempt purpose is subject to taxation as unrelated business income. For the year ended December 31, 2020 there was no income tax expense from these activities. The Bay follows the provisions of ASC Topic 740, Implementation Guidance on Accounting for Uncertainity in Income Taxes and Disclosure Amendments for Nonpublic Entities (ASC Topic 740), in conjunction with its adoption of Financial Accounting Standards Board (FASB) Interpretation No. 48, Accounting for Uncertainity in Income Taxes (now included in Accounting Standards Codification (ASC) Subtopic 740-10, Income Taxes - Overall). The Bay recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Income generated from activities unrelated to the Bay's exempt purpose is subject to tax.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt X, Line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt05551928
IRS990ScheduleD/TotalRevenuePerForm990Amt06655199
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06655199
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05551928
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0172948
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt032082
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0William Waddill
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0205030
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The completed Form 990 will be reviewed by the Finance Committee, then forwarded to the Board Members for review before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Bay Park Conservancy Inc f.k.a. Sarasota Bayfront Planning Organization operates under the Florida Public Meetings and Open Records laws. All board meetings are publicaly noticed, documents are posted on The Bay Park Conservancy Inc website and all applicable records are open for public review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annual process completed at September board meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The members of the Resource Committee, consisting of community volunteers, in consultation with subject matter experts in master planning, design, urban planning, human resource management and not-for-profit management, participated in a review of position descriptions and compensation. Subsequent approval by Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The members of the Resource Committee, consisting of community volunteers, in consultation with subject matter experts in master planning, design, urban planning, human resource management and not-for-profit management, participated in a review of position descriptions and compensation. Subsequent approval by Executive Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Design and plan consultants 1386751. 1386751. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Advancement consultant 196763. 51352. 36353. 109058.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Professional services 2884. 934. 1892. 58.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other consultants 539944. 539944. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,659,485
Liabilities
$791,187
Net assets
$8,868,298
Revenue
$6,655,199
Expenses
$5,551,928
Net income
$1,103,271
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.9$1.98$14.0$15.9$9.83$6.06
2023Detailed filing. Detailed filing data is available for this year.$8.92$1.33$7.59$13.6$5.37$8.24
2022Detailed filing. Detailed filing data is available for this year.$5.27$5.99$0.72$4.41$20.2$15.8
2021Detailed filing. Detailed filing data is available for this year.$16.6$1.56$15.1$18.2$12.0$6.20
2020Detailed filing. Detailed filing data is available for this year.$9.66$0.79$8.87$6.66$5.55$1.10
2019Detailed filing. Detailed filing data is available for this year.$8.00$0.23$7.77$9.31$1.82$7.49
2018Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$1.61$1.54$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.54$0.35$0.20