Civic Intelligence

Memory Lane Classic Cars Inc

EIN 86-1663797 • 501(c)3 • Vero Bech, FL

Profile

Operate a classic car museum for the benefit of local charitable organizations in towns county georgia and the surrounding counties.

925 Bay Oak LaneVero Bech, FL 32963

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $37,933 (-100%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $37,933 (-100%) from 2022

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$37,933

Down $42,065 (-53%) from 2022

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80K$60K$40K$20K$0Assets 2021: $69,749Net Assets 2021: $69,7492021Assets 2022: $37,933Net Assets 2022: $37,9332022Assets 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities-
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2021: $170,405Expenses 2021: $100,656Net Income 2021: $69,7492021Revenue 2022: $48,182Expenses 2022: $79,998Net Income 2022: -$31,8162022Expenses 2023: $37,9332023

Highlighted filing

2023

Revenue-
Expenses$37,933
Net Income-
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
-
Expenses
$37,933
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.38
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.38$0.48$0.80$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.70$1.70$1.01$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 28, 2024
Return Version
2023v5.0
Mission and Program Overview

Mission

Operate a classic car museum for the benefit of local charitable organizations in towns county georgia and the surrounding counties.

Program Services

DescriptionGrantsExpenses
OPERATE A CLASSIC CAR MUSEUM FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS IN TOWNS COUNTY GEORGIA AND THE SURROUNDING COUNTIES.$10,000$37,049
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
B JUNE SMITHChairman-$0--
Filing and Contact Details

Filer

Filer Name
Memory Lane Classic Cars Inc
EIN
86-1663797
Phone
7708614336
Address
925 BAY OAK LANE, VERO BECH, FL 32963

Signing Officer

Name
B June Smith
Title
Chairman
Phone
7708614336
Signed
2024-05-28
Discuss with paid preparer
Yes

Preparer

Firm
Barry H Franklin CPA LLC
Address
2130 TUCKER INDUSTRIAL RD SW, TUCKER, GA 30084-5016
Preparer
Barry H Franklin CPA
Phone
7704928700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Name: towns county sheriff's department address: 400 ga-339 young harris, ga 30582 cash contribution: 10,000”

Form 990-ez, Part I, Line 16

“Expenses bank and credit card 90 repairs & maint - museum 15,000 auto expense - repair 4,000 total 19,090”

Form 990-ez, Part III

“Operate a classic car museum for the benefit of local charitable organizations in towns county georgia and the surrounding counties.”

Raw XML Appendix134 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
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IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0B JUNE SMITH
IRS990EZ/BooksInCareOfDetail/PhoneNum07064537640
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt074 ABIGAIL LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HIWASSEE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0GA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd030546
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt037933
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-37933
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08843
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt037933
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt037933
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt037933
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0B JUNE SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt019090
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0OPERATE A CLASSIC CAR MUSEUM FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS IN TOWNS COUNTY GEORGIA AND THE SURROUNDING COUNTIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0OPERATE A CLASSIC CAR MUSEUM FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS IN TOWNS COUNTY GEORGIA AND THE SURROUNDING COUNTIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037049
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0GA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037933
IRS990EZ/TotalProgramServiceExpensesAmt037049
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0105595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0105595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt048182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt064810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0112992
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0218587
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt048182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0170405
IRS990ScheduleA/Total509Grp/TotalAmt0218587
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt048182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0170405
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0218587
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0TOWNS CO SHERIFF DEPT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-11-27
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt010000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0TOWNS COUNTY SHERIFF DEPARTMENT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0400 GA 339
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0YOUNG HARRIS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0GA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd030582
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE ENTITY WAS TERMINATED IN NOVEMBER 2023. CASH ON HAND WAS PAID OUT FOR EXPENSES INCURRED AND A 10,000 CHARITABLE CONTRIBUTION WAS MADE TO THE TOWNS COUNTY SHERIFF DEPARTMENT.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: TOWNS COUNTY SHERIFF'S DEPARTMENT ADDRESS: 400 GA-339 YOUNG HARRIS, GA 30582 CASH CONTRIBUTION: 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK AND CREDIT CARD 90 REPAIRS & MAINT - MUSEUM 15,000 AUTO EXPENSE - REPAIR 4,000 TOTAL 19,090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OPERATE A CLASSIC CAR MUSEUM FOR THE BENEFIT OF LOCAL CHARITABLE ORGANIZATIONS IN TOWNS COUNTY GEORGIA AND THE SURROUNDING COUNTIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0B JUNE SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum07708614336
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEMORY LANE CLASSIC CARS INC
ReturnHeader/Filer/BusinessNameControlTxt0MEMO
ReturnHeader/Filer/EIN0861663797
ReturnHeader/Filer/PhoneNum07708614336
ReturnHeader/Filer/USAddress/AddressLine1Txt0925 BAY OAK LANE
ReturnHeader/Filer/USAddress/CityNm0VERO BECH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032963
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200673620
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARRY H FRANKLIN CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02130 TUCKER INDUSTRIAL RD SW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TUCKER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0300845016
ReturnHeader/PreparerPersonGrp/PhoneNum07704928700
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY H FRANKLIN CPA
ReturnHeader/ReturnTs02024-05-28T17:44:30-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0B JUNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SMITH
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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