Civic Intelligence

Bradenton Area Edc Foundation Inc.

990EZ • Fiscal year 2020 • EIN 83-0754354

Oct 01, 2019 to Sep 30, 2020 • Filed on Jul 15, 2021

4215 Concept CourtBradenton, FL 34211

(941) 803-9035

Siviq Scores

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

Liabilities / Assets

70th percentile

0.05x

Higher debt load relative to assets than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

96th percentile

81%

Higher net margin than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

6336%

Faster asset growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2018 to 2020

Assets

Up

$6,243

Up $6,146 (+6336%) from 2019

Net Assets

Up

$5,926

Up $8,068 (+377%) from 2019

Liabilities

Down

$317

Down $1,922 (-86%) from 2019

Revenue

$10,000

No earlier filing loaded for comparison.

Expenses

Down

$1,932

Down $210 (-9.8%) from 2019

Net Income

$8,068

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0-$10KAssets 2018: $0Liabilities 2018: $02018Assets 2019: $97Liabilities 2019: $2,239Net Assets 2019: -$2,1422019Assets 2020: $6,243Liabilities 2020: $317Net Assets 2020: $5,9262020Assets 2021: $14,790Liabilities 2021: $600Net Assets 2021: $14,1902021Assets 2022: $22,679Liabilities 2022: $300Net Assets 2022: $22,3792022Assets 2023: $19,863Liabilities 2023: $300Net Assets 2023: $19,5632023Assets 2024: $27,922Liabilities 2024: $2,800Net Assets 2024: $25,1222024

Highlighted filing

2020

Assets$6,243
Liabilities$317
Net Assets$5,926

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Expenses 2019: $2,1422019Revenue 2020: $10,000Expenses 2020: $1,932Net Income 2020: $8,0682020Revenue 2021: $10,000Expenses 2021: $1,736Net Income 2021: $8,2642021Revenue 2022: $10,000Expenses 2022: $1,811Net Income 2022: $8,1892022Revenue 2023: $11,000Expenses 2023: $12,866Net Income 2023: -$1,8662023Revenue 2024: $10,100Expenses 2024: $4,541Net Income 2024: $5,5592024

Highlighted filing

2020

Revenue$10,000
Expenses$1,932
Net Income$8,068
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Jul 15, 2021
Return Version
2019v5.2
Gross Receipts
$10,000
Mission and Program Overview

Mission

Creation of entrepreneurship programs in middle school, high school, collelge and university levels in collaboration with educational partners in the region to develop and support programs that will provide technical assistance, mentorship and training to grow and nuture current and future entrepreneurs in key, high impact business sectors.

Program Services

DescriptionGrantsExpenses
DEVELOPMENT OF PROGRAMS, RESEARCH AND OTHER ACTIVITIES RELATED TO THE PURPOSE$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
VOLNER BRIANChair Elect-$0--
KIRK G BOYLSTONChair-$0--
ANDREW STULTZSecretary-$0--
RYAN MCINTYRETreasurer-$0--
SHARON HILLSTROMPresident And CEO-$0--
Filing and Contact Details

Filer

Filer Name
Bradenton Area Edc Foundation Inc
EIN
83-0754354
Phone
9418039035
Address
4215 CONCEPT COURT, BRADENTON, FL 34211

Signing Officer

Name
Sharon Hillstrom
Title
Officer
Phone
9418039035
Signed
2021-07-15
Discuss with paid preparer
Yes

Preparer

Firm
Cavanaugh & Co Llp
Address
2381 FRUITVILLE ROAD, SARASOTA, FL 34237
Preparer
Michael R Pender
Phone
9413662983
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: legal and accounting. Amount: 1,669. Description: miscellaneous. Amount: 78. Description: office expense. Amount: 185. Total to form 990-ez, line 16: 1,932.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to bradenton area edc. Beg. Of year amount: 2,239. End of year amount: 0. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 17. Description: due to others. Beg. Of year amount: 0. End of year amount: 300.

Raw XML Appendix147 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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IRS990EZ/BooksInCareOfDetail/PhoneNum09418039035
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04215 CONCEPT COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BRADENTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd034211
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR ELECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT AND CEO
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01932
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0CREATION OF ENTREPRENEURSHIP PROGRAMS IN MIDDLE SCHOOL, HIGH SCHOOL, COLLELGE AND UNIVERSITY LEVELS IN COLLABORATION WITH EDUCATIONAL PARTNERS IN THE REGION TO DEVELOP AND SUPPORT PROGRAMS THAT WILL PROVIDE TECHNICAL ASSISTANCE, MENTORSHIP AND TRAINING TO GROW AND NUTURE CURRENT AND FUTURE ENTREPRENEURS IN KEY, HIGH IMPACT BUSINESS SECTORS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FIRST YEAR WAS A SHORT-YEAR BEGINNING MAY 21, 2018.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: LEGAL AND ACCOUNTING. AMOUNT: 1,669. DESCRIPTION: MISCELLANEOUS. AMOUNT: 78. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 185. TOTAL TO FORM 990-EZ, LINE 16: 1,932.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE TO BRADENTON AREA EDC. BEG. OF YEAR AMOUNT: 2,239. END OF YEAR AMOUNT: 0. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 17. DESCRIPTION: DUE TO OTHERS. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 300.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON HILLSTROM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum09418039035
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRADENTON AREA EDC FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BRAD
ReturnHeader/Filer/EIN0830754354
ReturnHeader/Filer/PhoneNum09418039035
ReturnHeader/Filer/USAddress/AddressLine1Txt04215 CONCEPT COURT
ReturnHeader/Filer/USAddress/CityNm0BRADENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0591954606
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02381 FRUITVILLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SARASOTA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd034237
ReturnHeader/PreparerPersonGrp/PhoneNum09413662983
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R PENDER
ReturnHeader/ReturnTs02021-07-15T13:28:22-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-10-01
ReturnHeader/TaxPeriodEndDt02020-09-30
ReturnHeader/TaxYr02019

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Filings