Civic Intelligence

Deerfield Beach Economic

990EZ • Fiscal year 2020 • EIN 82-2690110

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 11, 2021

Organization ProfileWWW.DEERFIELDBEACHEDC.COM
10 Fairway Dr Ste 125Deerfield Beach, FL 33441

(954) 547-5725

Siviq Scores

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

Liabilities / Assets

94th percentile

0.71x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

0.63x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

19th percentile

-25%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$80,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 95.5% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

74%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

41st percentile

-27%

Faster revenue growth than 41% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$73,994

Up $31,527 (+74%) from 2019

Net Assets

Down

$21,497

Down $20,870 (-49%) from 2019

Liabilities

Up

$52,497

Up $52,397 (+52397%) from 2019

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin19th percentile

Revenue

Down

$83,750

Down $31,250 (-27%) from 2019

Expenses

Down

$104,618

Down $970 (-0.9%) from 2019

Net Income

Down

-$20,868

Down $30,280 (-322%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth91st percentile

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

$100K$50K$0-$50KAssets 2018: $33,055Liabilities 2018: $100Net Assets 2018: $32,9552018Assets 2019: $42,467Liabilities 2019: $100Net Assets 2019: $42,3672019Assets 2020: $73,994Liabilities 2020: $52,497Net Assets 2020: $21,4972020Assets 2021: $36,255Liabilities 2021: $52,497Net Assets 2021: -$16,2422021Assets 2022: $1,203Liabilities 2022: $97Net Assets 2022: $1,1062022

Highlighted filing

2020

Assets$73,994
Liabilities$52,497
Net Assets$21,497
Open 2020 Filing

Operations Trend

Revenue Growth41st percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $84,000Expenses 2018: $51,045Net Income 2018: $32,9552018Revenue 2019: $115,000Expenses 2019: $105,588Net Income 2019: $9,4122019Revenue 2020: $83,750Expenses 2020: $104,618Net Income 2020: -$20,8682020Revenue 2021: $85,998Expenses 2021: $123,737Net Income 2021: -$37,7392021Revenue 2022: $114,000Expenses 2022: $96,652Net Income 2022: $17,3482022

Highlighted filing

2020

Revenue$83,750
Expenses$104,618
Net Income-$20,868
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 11, 2021
Return Version
2019v5.0
Gross Receipts
$83,750
Mission and Program Overview

Mission

To promote the city of deerfield beach as a business destination.

Program Services

DescriptionGrantsExpenses
A NON-PROFIT PRIVATE PUBLIC PARTNERSHIP TO PROMOTE THE CITY OF DEERFIELD BEACH AS A BUSINESS DESTINATION.--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID MIRANTZExecutive DiFT$80,000-$80,000
Filing and Contact Details

Filer

Filer Name
Deerfield Beach Economic
EIN
82-2690110
Phone
9545475725
Address
10 FAIRWAY DR STE 125, DEERFIELD BEACH, FL 33441

Signing Officer

Name
David Mirantz
Title
Executive Director
Phone
9545475725
Signed
2021-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Josephy & Co Pa CPA
Address
2405 N UNIVERSITY DR, CORAL SPRINGS, FL 33065-4006
Preparer
Kenneth Josephy CPA
Phone
9545757272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 755 office 153 information technology 4,234 insurance 1,027 dues & subscriptions 2,163 event expense 2,181 other 291 parking & tolls 80 professional fees 214 repairs & maintenance 85 taxes & licenses 61 total 11,244”

Form 990-ez, Part II, Line 26

“Due to dm 97 97 sba eidl loan 0 52,400”

Raw XML Appendix87 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID MIRANTZ
IRS990EZ/BooksInCareOfDetail/PhoneNum09545475725
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt07800 NW 87TH AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TAMARAC
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033321
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042462
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt073994
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt083750
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-20868
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt042462
IRS990EZ/Form990TotalAssetsGrp/EOYAmt073994
IRS990EZ/GrossReceiptsAmt083750
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt042365
IRS990EZ/NetAssetsOrFundBalancesEOYAmt021497
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt042365
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt021497
IRS990EZ/OccupancyRentUtltsAndMaintAmt05566
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt050.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt080000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID MIRANTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011244
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE CITY OF DEERFIELD BEACH AS A BUSINESS DESTINATION.
IRS990EZ/PrintingPublicationsPostageAmt0130
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0A NON-PROFIT PRIVATE PUBLIC PARTNERSHIP TO PROMOTE THE CITY OF DEERFIELD BEACH AS A BUSINESS DESTINATION.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt087678
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt097
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt052497
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0104618
IRS990EZ/TotalRevenueAmt083750
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.DEERFIELDBEACHEDC.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 755 OFFICE 153 INFORMATION TECHNOLOGY 4,234 INSURANCE 1,027 DUES & SUBSCRIPTIONS 2,163 EVENT EXPENSE 2,181 OTHER 291 PARKING & TOLLS 80 PROFESSIONAL FEES 214 REPAIRS & MAINTENANCE 85 TAXES & LICENSES 61 TOTAL 11,244
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DUE TO DM 97 97 SBA EIDL LOAN 0 52,400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID MIRANTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09545475725
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DEERFIELD BEACH ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0DEER
ReturnHeader/Filer/EIN0822690110
ReturnHeader/Filer/PhoneNum09545475725
ReturnHeader/Filer/USAddress/AddressLine1Txt010 FAIRWAY DR STE 125
ReturnHeader/Filer/USAddress/CityNm0DEERFIELD BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033441
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260368635
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOSEPHY & CO PA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02405 N UNIVERSITY DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORAL SPRINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0330654006
ReturnHeader/PreparerPersonGrp/PhoneNum09545757272
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KENNETH JOSEPHY CPA
ReturnHeader/ReturnTs02021-08-11T15:24:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$73,994
Liabilities
$52,497
Net assets
$21,497
Revenue
$83,750
Expenses
$104,618
Net income
-$20,868
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.14$0.97$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.36$0.52$0.16$0.86$1.24$0.38
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.52$0.21$0.84$1.05$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$1.15$1.06$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.84$0.51$0.33