Civic Intelligence

Conch Republic Marine Army Inc.

990 • Fiscal year 2021 • EIN 82-4673083

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

30335 Warbler LaneBig Pine Key, FL 33043

(804) 815-0655

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.19x

Higher debt load relative to assets than 82% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

81st percentile

0.13x

Higher debt load relative to revenue than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

75th percentile

31%

Higher net margin than 75% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$65,000

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 21.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

91st percentile

129%

Faster asset growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

334%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$207,041

Up $116,565 (+129%) from 2020

Net Assets

Up

$168,270

Up $93,639 (+125%) from 2020

Liabilities

Up

$38,771

Up $22,926 (+145%) from 2020

Revenue

Up

$301,469

Up $231,995 (+334%) from 2020

Expenses

Up

$207,829

Up $195,821 (+1631%) from 2020

Net Income

Up

$93,640

Up $36,174 (+63%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2018: $25,361Liabilities 2018: $14,7542018Assets 2019: $32,793Liabilities 2019: $15,6282019Assets 2020: $90,476Liabilities 2020: $15,845Net Assets 2020: $74,6312020Assets 2021: $207,041Liabilities 2021: $38,771Net Assets 2021: $168,2702021Assets 2022: $169,385Liabilities 2022: $13,581Net Assets 2022: $155,8042022Assets 2023: $211,126Liabilities 2023: $47,545Net Assets 2023: $163,5812023Assets 2024: $376,914Liabilities 2024: $50,105Net Assets 2024: $326,8092024

Highlighted filing

2021

Assets$207,041
Liabilities$38,771
Net Assets$168,270

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $26,704Expenses 2018: $16,097Net Income 2018: $10,6072018Revenue 2019: $23,937Expenses 2019: $17,379Net Income 2019: $6,5582019Revenue 2020: $69,474Expenses 2020: $12,008Net Income 2020: $57,4662020Revenue 2021: $301,469Expenses 2021: $207,829Net Income 2021: $93,6402021Revenue 2022: $197,923Expenses 2022: $210,387Net Income 2022: -$12,4642022Revenue 2023: $203,256Expenses 2023: $195,479Net Income 2023: $7,7772023Revenue 2024: $389,491Expenses 2024: $228,087Net Income 2024: $161,4042024

Highlighted filing

2021

Revenue$301,469
Expenses$207,829
Net Income$93,640
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$301,469
Mission and Program Overview

Mission

MARINE DEBRIS CLEANUP

A grassroots, volunteer organization dedicated to the cleanup and restoration of the mangrove habitats of the Florida Keys

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$74,630$168,270▲ $93,640
Cash and Non-Interest-Bearing Accounts$7,058$138,377▲ $131,319
Land, Buildings, and Equipment, Net$83,417$68,664▼ $14,753
Loans From Officers Directors-$19,742-
Total Assets$90,475$207,041▲ $116,566
Liabilities
Other Liabilities$15,845$19,029▲ $3,184
Total Liabilities$15,845$38,771▲ $22,926
Net Assets / Fund Balance
Total Net Assets Fund Balance$74,630$168,270▲ $93,640
Total Liabilities and Net Assets / Fund Balance$90,475$207,041▲ $116,566

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$68,664$14,753$83,417
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Brian VestPresidentFT$65,000$65,000

Board Members and Trustees

NameTitle
Mark ChandonetVice President
Ben KalkertBoard Member
Dolly GarloBoard Member
James WeiglBoard Member
Laura TalleyBoard Member
Robert KeeleyBoard Member
Matthew MolleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$301,469
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$39,219
Change in Net Assets
$93,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$136,059
Salaries, Compensation, and Employee Benefits$71,770
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$80,600--$80,600
Current Officers, Directors, Trustees, and Key Employees-$65,000-$65,000
Depreciation Depletion$14,753--$14,753
Insurance$10,593--$10,593
Payroll Taxes-$6,770-$6,770
Other Expenses$6,714--$6,714
Office Expenses-$4,178-$4,178
Advertising-$3,966-$3,966
Occupancy-$600-$600
Interest-$528-$528
Conferences and Meetings-$399-$399
Fees for Services Accounting-$399-$399
Total Functional Expenses$125,989$81,840$0$207,829
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$19,742-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$19,029
Payroll Liabilities-
Loan From Brian Vest-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Conch Republic Marine Army
EIN
82-4673083
Phone
8048150655
Address
30335 WARBLER LANE, BIG PINE KEY, FL 33043

Signing Officer

Name
Brian J Vest
Title
Executive Director
Phone
8048150655
Signed
2022-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian J Vest
Formed
2018
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
6
Employees
1
Volunteers
300

Preparer

Firm
Jrm Financial Associates LLC
Address
3710 N ROOSEVELT BLVD, KEY WEST, FL 33040
Preparer
Matthew P Molle
Phone
3055012766
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Section B, Line 15

Board Meeting

Form 990, Part IX, Section 1, Line 11G

80,600 for 1099 contract pay for county cleanup contract

Raw XML Appendix379 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/PreparerPersonGrp/PreparationDt02022-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Matthew P Molle
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ReturnHeader/ReturnTs02022-06-09T10:12:58-00:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-01
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ReturnHeader/TaxYr02021

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