Civic Intelligence

Panthers Lax Srq Inc

990 • Fiscal year 2019 • EIN 83-3904734

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 15, 2020

690 Tropical CircleSarasota, FL 34242

(941) 554-5981

Siviq Scores

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

Liabilities / Assets

89th percentile

0.46x

Higher debt load relative to assets than 89% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.20x

Higher debt load relative to revenue than 88% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$7,031

No earlier filing loaded for comparison.

Net Assets

$3,793

No earlier filing loaded for comparison.

Liabilities

$3,238

No earlier filing loaded for comparison.

Revenue

$15,961

No earlier filing loaded for comparison.

Expenses

$12,168

No earlier filing loaded for comparison.

Net Income

$3,793

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.

$8.0K$6.0K$4.0K$2.0K$0Assets 2019: $7,031Liabilities 2019: $3,238Net Assets 2019: $3,7932019Assets 2020: $1,356Liabilities 2020: $989Net Assets 2020: $3672020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2019

Assets$7,031
Liabilities$3,238
Net Assets$3,793

Operations Trend

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

$20K$15K$10K$5.0K$0-$5.0KRevenue 2019: $15,961Expenses 2019: $12,168Net Income 2019: $3,7932019Revenue 2020: $904Expenses 2020: $4,330Net Income 2020: -$3,4262020Revenue 2021: $0Expenses 2021: $367Net Income 2021: -$3672021

Highlighted filing

2019

Revenue$15,961
Expenses$12,168
Net Income$3,793
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 15, 2020
Return Version
2019v5.1
Gross Receipts
$15,961
Mission and Program Overview

Mission

Our mission is to facilitate the transition of our high school club teams to FHSAA varsity teams in a rational and fiscal manner as well as to grow the number of lacrosse FHSAA sanctioned teams in Sarasota County

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$7,031-
Total Assets$0$7,031▲ $7,031
Liabilities
Accounts Payable and Accrued Expenses-$3,238-
Total Liabilities$0$3,238▲ $3,238
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$3,793-
Total Net Assets Fund Balance$0$3,793▲ $3,793
Total Liabilities and Net Assets / Fund Balance$0$7,031▲ $7,031
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dan RobbinsBoard Member
Philip MeyerBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$15,961
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$3,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,168
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$840$93-$933
Interest$339$38-$377
Advertising$180$20-$200
Other Expenses$13$2-$15
Total Functional Expenses$11,993$175$0$12,168
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
Backup withholding compliance
No
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

Governance Explanations

Form 990, Part VI, Section B, Line 12C

Conflict of interest are dealt with as they arise.

Form 990, Part VI, Section B, Line 15A 15B

There is no compensation

Filing and Contact Details

Filer

Filer Name
Panthers Lax Srq Inc
EIN
83-3904734
Address
690 TROPICAL CIRCLE, SARASOTA, FL 34242

Signing Officer

Name
Danny Robbins
Title
Board Member
Signed
2020-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Philip Meyer
Formed
2019
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
James M La MannaCPA PA
Address
822 62nd St Circle E 105, Bradenton, FL 34208
Preparer
James La Manna CPA
Phone
9414873653
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ReturnHeader/TaxYr02019

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