Civic Intelligence

Function Collective Inc

990EZ • Fiscal year 2022 • EIN 84-3653059

Jan 01, 2022 to Dec 31, 2022 • Filed on May 29, 2023

Organization Profilehttps//function.vc
1900 SW 2nd AveMiami, FL 33129

(305) 491-5768

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

6th percentile

-70%

Higher net margin than 6% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

86th percentile

$18,422

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 76.1% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

2nd percentile

-85%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

2nd percentile

-83%

Faster revenue growth than 2% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$3,113

Down $16,982 (-85%) from 2021

Net Assets

Down

$3,113

Down $16,982 (-85%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin6th percentile

Revenue

Down

$24,201

Down $115,316 (-83%) from 2021

Expenses

Down

$41,183

Down $93,891 (-70%) from 2021

Net Income

Down

-$16,982

Down $21,425 (-482%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$30K$20K$10K$0Assets 2019: $1Liabilities 2019: $02019Assets 2020: $15,652Liabilities 2020: $02020Assets 2021: $20,095Liabilities 2021: $0Net Assets 2021: $20,0952021Assets 2022: $3,113Liabilities 2022: $0Net Assets 2022: $3,1132022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$3,113
Liabilities$0
Net Assets$3,113
Open 2022 Filing

Operations Trend

Revenue Growth2nd percentile

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

$150K$100K$50K$0-$50KRevenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $97,205Expenses 2020: $81,553Net Income 2020: $15,6522020Revenue 2021: $139,517Expenses 2021: $135,074Net Income 2021: $4,4432021Revenue 2022: $24,201Expenses 2022: $41,183Net Income 2022: -$16,9822022Revenue 2023: $0Expenses 2023: $3,113Net Income 2023: -$3,1132023

Highlighted filing

2022

Revenue$24,201
Expenses$41,183
Net Income-$16,982
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 29, 2023
Return Version
2022v5.0
Gross Receipts
$24,201
Mission and Program Overview

Mission

Improve the conditions for the business of early stage investing in Miami

Improve the conditions for the business of early stage investing

Program Services

DescriptionGrantsExpenses
Improve the conditions for the business of early stage investing in Miami--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Monica Simo BlackPresidentPT$18,422-$18,422
Filing and Contact Details

Filer

Filer Name
Function Collective Inc
EIN
84-3653059
In Care Of
% Monica Simo Black
Phone
3054915768
Address
1900 SW 2nd Ave, Miami, FL 33129

Signing Officer

Name
Monica Simo Black
Title
President
Phone
3054915768
Signed
2023-05-29
Discuss with paid preparer
No
Supplemental Narrative

Additional Explanations

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

“Supplies 11,605”

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

“Legal 73”

Raw XML Appendix90 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/PersonNm0Monica Simo Black
IRS990EZ/BooksInCareOfDetail/PhoneNum03054915768
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01900 SW 2nd Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Miami
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033129
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt020095
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03113
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt018801
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-16982
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt020095
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03113
IRS990EZ/GrossReceiptsAmt024201
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt05400
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt020095
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03113
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt020095
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03113
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt018422
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Monica Simo Black
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt011678
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Improve the conditions for the business of early stage investing
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Improve the conditions for the business of early stage investing in Miami
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt029505
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt041183
IRS990EZ/TotalRevenueAmt024201
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https//function.vc
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Supplies 11,605
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Legal 73
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Monica Simo Black
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum03054915768
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Function Collective Inc
ReturnHeader/Filer/BusinessNameControlTxt0FUNC
ReturnHeader/Filer/EIN0843653059
ReturnHeader/Filer/InCareOfNm0% Monica Simo Black
ReturnHeader/Filer/PhoneNum03054915768
ReturnHeader/Filer/USAddress/AddressLine1Txt01900 SW 2nd Ave
ReturnHeader/Filer/USAddress/CityNm0Miami
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033129
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/ReturnTs02023-06-06T02:04:36-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Monica Simo
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Black
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,113
Liabilities
$0
Net assets
$3,113
Revenue
$24,201
Expenses
$41,183
Net income
-$16,982
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.03$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.24$0.41$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$1.40$1.35$0.04
2020Summary only. Only limited summary data is available for this year.$0.16$0.00$0.97$0.82$0.16
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00