Civic Intelligence

Rex & Brody Foundation Inc

EIN 86-3921566 • 501(c)3 • Gainesville, FL

Profile

The mission of the rex & brody foundation is to educate, empower, and equip our youth, through the game of baseball, to positively impact our communities.

Refreshing map…

1522 SW 112th StGainesville, FL 32607-1217

rexandbrody.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

100th percentile

917%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

12th percentile

-88%

Faster asset growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2023 to 2024

Assets

Down

$58,899

Down $15,480 (-21%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$58,899

Down $15,480 (-21%) from 2021

Revenue

Down

-$52,151

Down $134,373 (-163%) from 2021

Expenses

Up

$426,205

Up $418,362 (+5334%) from 2021

Net Income

Down

-$478,356

Down $552,735 (-743%) from 2021

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2021: $74,379Liabilities 2021: $0Net Assets 2021: $74,3792021Assets 2024: $58,899Liabilities 2024: $0Net Assets 2024: $58,8992024

Highlighted filing

2024

Assets$58,899
Liabilities$0
Net Assets$58,899

Operations Trend

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

$500K$0-$500KRevenue 2021: $82,222Expenses 2021: $7,843Net Income 2021: $74,3792021Revenue 2024: -$52,151Expenses 2024: $426,205Net Income 2024: -$478,3562024

Highlighted filing

2024

Revenue-$52,151
Expenses$426,205
Net Income-$478,356

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 20, 2025
Return Version
2024v5.2
Gross Receipts
$34,588
Mission and Program Overview

Mission

The mission of the rex & brody foundation is to educate, empower, and equip our youth, through the game of baseball, to positively impact our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$506,755$58,899▼ $447,856
Rtn Earn Endowment Incm Other Fnds$506,755$58,899▼ $447,856
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$506,755$58,899▼ $447,856
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$506,755$58,899▼ $447,856
Total Liabilities and Net Assets / Fund Balance$506,755$58,899▼ $447,856
Compensation and Service Providers

Board Members and Trustees

NameTitle
MINDE O'SULLIVANPresident
Mike PrinceVice President
Stacy JoynerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,689
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-57,840
All Other Contributions
$5,689
Change in Net Assets
$-478,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$377,488
Other Expenses$48,717
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$316,310--$316,310
Grants to Domestic Orgs$61,178--$61,178
Advertising-$12,919-$12,919
Fees for Services Accounting-$2,700-$2,700
Office Expenses-$1,483-$1,483
Other Expenses$30,615$1,000-$1,000
Total Functional Expenses$408,103$18,102$0$426,205
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Egret Landing Condominium Association IncNewberry, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Horseshoe Cove Condominium Association IncHorseshoe Beach, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Marina Buckley LLCOrmond Beach, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Redfish Market LLCSuwannee, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Sower of the Seed Food PantrySteinhatchee, FL501c(3)Food, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Suwannee Cove Condominium Association IncSuwannee, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,730
Salt Creek RestaurantSuwannee, FLN/aFood, Shelter, Clothing and Other Materials Necessary for Rebuilding Homes Impacted by Hurricane Idalia$6,370
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$83,288
Fundraising Gross Income$19,870
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Friends of Nature Coast$19,870$19,870$9,582$10,288
Total Events$19,870$19,870$83,289$-63,419
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Minde o'sullivan and mike prince have a familial relationship.

Form 990, Part VI, Section B, Line 11B

The form 990 is currently not reviewed by the board before filing. The president of the organization reviews the form 990 before signing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statement available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Rex & Brody Foundation Inc
EIN
86-3921566
Phone
3522153349
Address
1522 SW 112TH ST, GAINESVILLE, FL 32607-1217

Signing Officer

Name
MINDE O'SULLIVAN
Title
President
Phone
3522153349
Signed
2025-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
MINDE O'SULLIVAN
Formed
2021
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
James Moore & Co Pl
Address
5931 NW 1ST PL, GAINESVILLE, FL 32607-2063
Preparer
Stacy Joyner
Phone
3523781331
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In 2023, the rex & brody foundation volunteered to host the friends of the nature coast event for jeep beach, inc., another 501(c)(3) organization. This event provided a unique opportunity to raise funds to positively impact the local community that the organization serves, including the affected youth in the community. In 2024, using the proceeds from this event, the organization distributed $363,420 in emergency financial assistance to individuals and organizations impacted by hurricane idalia. This activity was a one-time event for the foundation and will not recur in the future.

Raw XML Appendix397 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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SUWANNEE COVE CONDOMINIUM ASSOCIATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4HORSESHOE COVE CONDOMINIUM ASSOCIATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5EGRET LANDING CONDOMINIUM ASSOCIATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SALT CREEK RESTAURANT
IRS990ScheduleI/RecipientTable/RecipientEIN0854084680
IRS990ScheduleI/RecipientTable/RecipientEIN1464120176
IRS990ScheduleI/RecipientTable/RecipientEIN2465296068
IRS990ScheduleI/RecipientTable/RecipientEIN3202742272
IRS990ScheduleI/RecipientTable/RecipientEIN4202337814
IRS990ScheduleI/RecipientTable/RecipientEIN5270077492
IRS990ScheduleI/RecipientTable/RecipientEIN6593683484
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01650 PINE TREE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11037 N HALIFAX DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt273 SOUTHEAST 228TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt354 SE 910 AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4502 MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt514260 W NEWBERRY RD 192
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt623458 SE 349 HWY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STEINHATCHEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ORMOND BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm2SUWANNEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3SUWANNEE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4HORSESHOE BEACH
IRS990ScheduleI/RecipientTable/USAddress/CityNm5NEWBERRY
IRS990ScheduleI/RecipientTable/USAddress/CityNm6SUWANNEE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5FL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd032359
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd132176
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd232692
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd332692
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd432648
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd532669
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd632692
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WHEN THE ORGANIZATION RECEIVES REQUESTS FOR GRANTS, THE ELIGIBILITY OF EACH ORGANIZATION OR INDIVIDUAL IS ANALYZED. THIS IS ACCOMPLISHED BY ANALYZING THE EXEMPT STATUS AND FINANCIALS OF AN ORGANIZATION, OR IN THE CASE OF AN INDIVIDUAL, REQUIRING PROOF OF AFFILIATION WITH A MEMBER CLASS SERVICED BY THE REX AND BRODY FOUNDATION. THE PURPOSE OF THE FUND REQUEST IS THEN REVIEWED TO ENSURE THAT THE FUNDS WILL BE USED IN A MANNER THAT FULFILLS THE MISSION OF THE REX AND BRODY FOUNDATION OR BENEFITS THE COMMUNITY THAT THE REX AND BRODY FOUNDATION SERVES. DURING THE GRANT CYCLE, THE REX AND BRODY FOUNDATION WILL CONTINUE TO VERIFY THE GRANTEES ARE UTILIZING THE FUNDS IN ACCORDANCE WITH THE PURPOSE FOR WHICH THE FUNDS WERE PROVIDED. THIS MAY BE ACCOMPLISHED USING RECEIPTS OR A HOLISTIC REVIEW OF THE ORGANIZATION'S SPENDING AND ACCOMPLISHMENT OF ITS MISSION. THE ORGANIZATION HAS ESTABLISHED PROCEDURES TO ENSURE THAT HURRICANE ASSISTANCE GRANT FUNDS ARE USED IN ACCORDANCE WITH THEIR INTENDED CHARITABLE PURPOSE. GRANT RECIPIENTS WERE REQUIRED TO SUBMIT APPLICATIONS DESCRIBING THEIR SPECIFIC NEEDS AND INTENDED USES OF FUNDS RELATED TO HURRICANE RELIEF.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt06
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IN 2023, THE REX & BRODY FOUNDATION VOLUNTEERED TO HOST THE FRIENDS OF THE NATURE COAST EVENT FOR JEEP BEACH, INC., ANOTHER 501(C)(3) ORGANIZATION. THIS EVENT PROVIDED A UNIQUE OPPORTUNITY TO RAISE FUNDS TO POSITIVELY IMPACT THE LOCAL COMMUNITY THAT THE ORGANIZATION SERVES, INCLUDING THE AFFECTED YOUTH IN THE COMMUNITY. IN 2024, USING THE PROCEEDS FROM THIS EVENT, THE ORGANIZATION DISTRIBUTED $363,420 IN EMERGENCY FINANCIAL ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS IMPACTED BY HURRICANE IDALIA. THIS ACTIVITY WAS A ONE-TIME EVENT FOR THE FOUNDATION AND WILL NOT RECUR IN THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MINDE O'SULLIVAN AND MIKE PRINCE HAVE A FAMILIAL RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS CURRENTLY NOT REVIEWED BY THE BOARD BEFORE FILING. THE PRESIDENT OF THE ORGANIZATION REVIEWS THE FORM 990 BEFORE SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0506755
IRS990/TotalAssetsEOYAmt058899
IRS990/TotalAssetsGrp/BOYAmt0506755
IRS990/TotalAssetsGrp/EOYAmt058899
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt05689
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018102
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0408103
IRS990/TotalFunctionalExpensesGrp/TotalAmt0426205
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0506755
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt058899
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0408103
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-57840
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-52151
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0506755
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt058899
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01522 SW 112TH ST
IRS990/USAddress/CityNm0GAINESVILLE
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd0326071217
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HTTPS://REXANDBRODY.COM/
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MINDE O'SULLIVAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03522153349
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REX & BRODY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0REX&
ReturnHeader/Filer/EIN0863921566
ReturnHeader/Filer/PhoneNum03522153349
ReturnHeader/Filer/USAddress/AddressLine1Txt01522 SW 112TH ST
ReturnHeader/Filer/USAddress/CityNm0GAINESVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd0326071217
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0593204548
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JAMES MOORE & CO PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05931 NW 1ST PL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GAINESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0326072063
ReturnHeader/PreparerPersonGrp/PhoneNum03523781331
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STACY JOYNER
ReturnHeader/ReturnTs02025-10-23T09:45:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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