Civic Intelligence

The Bay Park Conservancy Inc.

990 • Fiscal year 2021 • EIN 81-4653473

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 06, 2022

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

39th percentile

0.09x

Higher debt load relative to assets than 39% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.09x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

78th percentile

34%

Higher net margin than 78% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

94th percentile

72%

Faster asset growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

173%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets39th percentile

Assets

Up

$16,645,209

Up $6,985,724 (+72%) from 2020

Net Assets

Up

$15,087,467

Up $6,219,169 (+70%) from 2020

Liabilities

Up

$1,557,742

Up $766,555 (+97%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin78th percentile

Revenue

Up

$18,178,827

Up $11,523,628 (+173%) from 2020

Expenses

Up

$11,975,267

Up $6,423,339 (+116%) from 2020

Net Income

Up

$6,203,560

Up $5,100,289 (+462%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth94th 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

2021

Assets$16,645,209
Liabilities$1,557,742
Net Assets$15,087,467
Open 2021 Filing

Operations Trend

Revenue Growth93rd 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

2021

Revenue$18,178,827
Expenses$11,975,267
Net Income$6,203,560
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 6, 2022
Return Version
2021v4.1
Gross Receipts
$18,178,827
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$8,331,452$8,755,360▲ $423,908
Pledges and Grants Receivable$1,301,929$7,580,125▲ $6,278,196
Investments in Publicly Traded Securities-$273,825-
Cash and Non-Interest-Bearing Accounts$24,879$24,227▼ $652
Prepaid Expenses and Deferred Charges$1,225$11,672▲ $10,447
Total Assets$9,659,485$16,645,209▲ $6,985,724
Liabilities
Accounts Payable and Accrued Expenses$791,187$1,557,742▲ $766,555
Total Liabilities$791,187$1,557,742▲ $766,555
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,628,298$12,475,833▲ $3,847,535
Net Assets With Donor Restrictions$240,000$2,611,634▲ $2,371,634
Total Net Assets Fund Balance$8,868,298$15,087,467▲ $6,219,169
Total Liabilities and Net Assets / Fund Balance$9,659,485$16,645,209▲ $6,985,724

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$240,000$2,312,788--$2,552,788
2020$240,000---$240,000
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
William WaddillChief Implementation OfficerFT$173,268$37,462$210,730
William Waddill--$173,268$37,462$210,730

Board Members and Trustees

NameTitle
Cathy LaytonBoard Chair
Carlos de QuesadaDirector
Charles HinesDirector
E Keith DuBoseDirector
Emily WalshDirector
Leslie TurnerDirector
Michael KlauberDirector
AG LafleyFounding CEO
Jennifer ComptonSecretary
Robert LaneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$18,150,925
Program Service Revenue
$0
Investment Income
$27,902
Other Revenue
$0
All Other Contributions
$15,486,422
Change in Net Assets
$6,203,560

Audited Revenue Reconciliation

Revenue per Audited Statements
$18,178,827
Revenue Not Reported on Form 990
$62,424
Total Revenue per Audited Statements
$18,241,251
Total Revenue per Form 990
$18,178,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,559,852
Salaries, Compensation, and Employee Benefits$415,415
Total Fundraising Expense$166,852
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,048,164$34,615$56,792$2,139,571
Other Salaries and Wages$226,363$32,434$72,716$331,513
Other Employee Benefits$43,028$6,165$13,822$63,015
Fees for Services Accounting$20,192$20,721$0$40,913
Office Expenses$22,989$6,623$9,351$38,963
Other Expenses$32,102$0$0$32,102
Occupancy$17,872$5,150$7,270$30,292
Payroll Taxes$14,262$2,044$4,581$20,887
Insurance$5,702$1,643$2,320$9,665
Fees for Services Legal$1,457$1,495$0$2,952
Total Functional Expenses$11,697,525$110,890$166,852$11,975,267

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$12,022,082
Expenses per Audited Statements$11,975,267
Total Expenses per Form 990$11,975,267
Expenses Not Reported on Form 990$46,815
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
2022-10-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
AG Lafley
Formed
2016
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
7
Employees
3
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

“Professional Services 53394. 26351. 27043. 0.”

Form 990, Part IX, Line 11G

“Design and Plan Consultants 1561244. 1561244. 0. 0.”

Form 990, Part IX, Line 11G

“Advancement Consultant 75722. 11358. 7572. 56792.”

Form 990, Part IX, Line 11G

“Other Consultants 449211. 449211. 0. 0.”

Financial Statement Notes

Pt V, Line 4

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

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, 2021 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/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt08852002
IRS990/OtherExpensesGrp/ProgramServicesAmt1123861
IRS990/OtherExpensesGrp/ProgramServicesAmt2289531
IRS990/OtherExpensesGrp/ProgramServicesAmt332102
IRS990/OtherExpensesGrp/TotalAmt08852002
IRS990/OtherExpensesGrp/TotalAmt1123861
IRS990/OtherExpensesGrp/TotalAmt2289531
IRS990/OtherExpensesGrp/TotalAmt332102
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt072716
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt032434
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0226363
IRS990/OtherSalariesAndWagesGrp/TotalAmt0331513
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt04581
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02044
IRS990/PayrollTaxesGrp/ProgramServicesAmt014262
IRS990/PayrollTaxesGrp/TotalAmt020887
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01301929
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07580125
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01225
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011672
IRS990/PrincipalOfficerNm0AG Lafley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt06575582
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt046426
IRS990/PYOtherExpensesAmt05241922
IRS990/PYOtherRevenueAmt033191
IRS990/PYRevenuesLessExpensesAmt01103271
IRS990/PYSalariesCompEmpBnftPaidAmt0310006
IRS990/PYTotalExpensesAmt05551928
IRS990/PYTotalRevenueAmt06655199
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt06203560
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08331452
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08755360
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Miscellaneous revenue 2020: 33191.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018150925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06575582
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08842220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01613362
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0544760
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt035726849
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt027902
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt046426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0176
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt074525
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt033191
IRS990ScheduleA/OtherIncome170Grp/TotalAmt033191
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99700
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt035726849
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018150925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06575582
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08842220
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01613362
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0544760
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt035726849
IRS990ScheduleA/TotalSupportAmt035834565
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/ContributionsAmt02312788
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02552788
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0240000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0240000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt046815
IRS990ScheduleD/DonatedServicesUseFcltsAmt046815
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt046815
IRS990ScheduleD/ExpensesSubtotalAmt011975267
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt015609
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt062424
IRS990ScheduleD/RevenueSubtotalAmt018178827
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Bay's endowment currently consists of funds established for wetlands, bayou and mangrove restoration, as well as unrestricted operations.
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, 2021 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/TotalExpensesPerForm990Amt011975267
IRS990ScheduleD/TotalRevenuePerForm990Amt018178827
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt018241251
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012022082
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0173268
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt05670
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt031792
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0William Waddill
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0210730
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/ExplanationTxt5Professional Services 53394. 26351. 27043. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Design and Plan Consultants 1561244. 1561244. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Advancement Consultant 75722. 11358. 7572. 56792.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other Consultants 449211. 449211. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,645,209
Liabilities
$1,557,742
Net assets
$15,087,467
Revenue
$18,178,827
Expenses
$11,975,267
Net income
$6,203,560
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