2023-08-16T10:09:44-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2022-01-01 811106879 BONNET SPRINGS PARK INC BONN 8637327000 400 BONNET SPRINGS BLVD LAKELAND FL 33815 JOSH HENDERSON CEO 8637327000 2023-08-14 1 JOSH HENDERSON 999009999 0 AMY CHAPMAN P00843460 4078021200 2023-08-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSH HENDERSON 400 BONNET SPRINGS BLVD LAKELAND FL 33815 57079986 0 X WWW.BONNETSPRINGSPARK.COM X 2015 FL TO ENRICH OUR COMMUNITY THROUGH NATURE, CULTURE, RECREATION, AND EDUCATION. 19 18 120 200 0 0 45753709 45193155 0 0 1450 5652794 22 1576886 45755181 52422835 0 1500 0 0 762349 2449217 0 0 2227100 853064 6390407 1615413 8841124 44139768 43581711 103869673 146735492 5026719 4392601 98842954 142342891 X TO ENRICH OUR COMMUNITY THROUGH NATURE, CULTURE, RECREATION, AND EDUCATION. 0 0 5335353 1500 BONNET SPRINGS PARK SERVES TO UNIFY THE CITY'S DIVERSE POPULATION, OFFERING PUBLIC SPACES THAT SERVE THE NEEDS OF MANY BY PROVIDING ENGAGING AND DIVERSE OPPORTUNITIES IN EDUCATION AND RECREATION TO RESIDENTS AND VISITORS. THE PARK IS WITHIN WALKING DISTANCE TO OUR CITY'S URBAN CORE WHERE ART, RECREATION, FUN, AND TRANQUILITY INTERSECT BY DESIGN. THIS BLENDED URBAN/NATURAL PARK WILL PROVIDE SPACES TO ESCAPE, ENGAGE, AND EXPLORE WITH ONE ANOTHER AND WITH NATURE WHILE EXPERIENCING AND LEARNING ABOUT THE BEAUTIFUL HISTORY OF CENTRAL FLORIDA.PARK MAINTENANCE AND OPERATIONS - THE UPKEEP AND MAINTENANCE OF BONNET SPRINGS PARK GROUNDS, FACILITIES, EQUIPMENT AND STRUCTURES. COMMUNITY OUTREACH AND EDUCATION - TO PROVIDE AWARENESS TO THE PARK THROUGH FREE EDUCATIONAL AND CULTURAL PROGRAMMING FOR VISITORS. PARK FOOD & BEVERAGE SERVICE 5335353 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 1 64 0 1 120 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X JENNIFER ROYAL 8637327000 400 BONNET SPRINGS BLVD LAKELAND FL 33815 JACK HARRELL JR CHAIRMAN 10.00 X X 0 0 0 HOYT R BARNEY BARNETT VICE CHAIRMAN 10.00 X X 0 0 0 HAROLD W TINSLEY PRESIDENT 5.00 X X 0 0 0 WILLIAM VASS TREASURER 10.00 X X 0 0 0 JEAN BUNCH SECRETARY 5.00 X X 0 0 0 DAVID BUNCH DIRECTOR 5.00 X 0 0 0 MARCY BENTON DIRECTOR 3.00 X 0 0 0 MARTHA TINSLEY DIRECTOR 3.00 X 0 0 0 KIMBERLY ELMHORST DIRECTOR 5.00 X 0 0 0 WESLEY BARNETT DIRECTOR 3.00 X 0 0 0 NICHOLAS BARNETT DIRECTOR 3.00 X 0 0 0 DONNA HENRICKS DIRECTOR 10.00 X 0 0 0 JOHN ATTAWAY DIRECTOR 10.00 X 0 0 0 JEFFREY COX SR DIRECTOR 3.00 X 0 0 0 DENISE CRENSHAW DIRECTOR 3.00 X 0 0 0 JUSTIN HOLLIS DIRECTOR 3.00 X 0 0 0 SARA ROBERTS MCCARLEY DIRECTOR 3.00 X 0 0 0 KATHLEEN MUNSON DIRECTOR 3.00 X 0 0 0 TIM RICE DIRECTOR 3.00 X 0 0 0 JOSHUA HENDERSON CEO 40.00 X 206472 0 12560 JENNIFER ROYAL TREASURER, VP OF FINANCE 40.00 X 129563 0 10923 336035 0 23483 2 0 1 0 CHRISTIAN LEE DESIGNS LLC 2920 SHOAL CREEK VILLAGE DR LAKELAND FL 33803 INTERIOR DESIGN SERVICES 249405 CREATIVE ARTISTS AGENCY LLC 401 COMMERCE ST NASHVILLE TN 37219 PERFORMERS 151600 THE YARDE LLC 4501 CLEMENTS RD LAKELAND FL 33811 CONSTRUCTION MANAGEMENT 145000 TRANSOL PRO LLC 5711 E 102ND ST TULSA OK 74137 TRANSPORTATION SERVICES 139833 4 23699 4000 45165456 90000 45193155 26405 26405 185372 76121 109251 109251 109251 27644 9925000 0 4326255 27644 5598745 5626389 5626389 640910 254775 386135 386135 MISCELLANEOUS REVENUE 900099 1081500 1081500 1081500 52422835 109251 0 7120429 1500 1500 359511 54732 218831 85948 1867332 1638811 192972 35549 30570 7056 23514 43902 12540 31362 147902 123319 15572 9011 99884 99884 35643 35643 16186 16186 852963 759771 44276 48916 309666 163540 146126 89978 4791 79323 5864 84959 1214 83235 510 571810 520461 51349 13993 6923 7070 7053 6714 339 815766 786268 29498 291055 132112 158943 PROGRAMMING EXPENSE 1119158 1119158 PLEDGE RECEIVABLE DISCO 970404 970404 BAD DEBT EXPENSE 893177 893177 TAXES AND LICENSES 6672 6672 212040 3157 193813 15070 8841124 5335353 1278671 2227100 1034598 1229448 3401622 6303858 18512659 4403 86658 20346 337358 114854196 852190 95319064 114002006 1133686 8943935 221806 53718 0 103869673 146735492 5019111 4265624 93776 7608 33201 5026719 4392601 X 92539096 123617592 6303858 18725299 98842954 142342891 103869673 146735492 43581711 -81774 0 X 0 1 X 1 0 X 3733818 15873803 27737164 45753709 45193155 138291649 3733818 15873803 27737164 45753709 45193155 138291649 65683736 72607913 10566 2350 1450 135656 150022 94 22 1081500 1081616 139523287 646601 0.52040 0.41200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 94. 2021 AMOUNT: $ 22. 2022 AMOUNT: $ 1,081,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42063463 42063463 37835535 218528 37617007 31898184 378266 31519918 2468216 151230 2316986 588798 104166 484632 114002006 BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 8943935 F 8943935 CAPITAL LEASE LIABILITY 33201 33201 X PART X, LINE 2: BSP IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. RH, LWDC, AND FBSP ARE DISREGARDED ENTITIES FOR INCOME TAX PURPOSES. FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (ASC 740), CLARIFIES THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S INCOME TAX RETURNS. THE ORGANIZATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY TAXING AUTHORITIES AND FILINGS FOR PERIOD AFTER FISCAL YEAR 2018 ARE OPEN FOR EXAMINATION. THE ORGANIZATION DOES NOT BELIEVE IT HAS ANY UNRECOGNIZED EXPOSURE RELATING TO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2022. 0 0 0 0 0 0 0 0 0 JOSHUA HENDERSON CEO 206472 0 0 0 0 0 6772 0 5788 0 219032 0 0 0 HAROLD TINSLEY OWNER OF YARDE LLC, PRESIDENT OF ORGANIZATION 145000 CONSTRUCTION MANAGEMENT 0 DONOVAN TINSLEY OWNER OF TINSLEY CREATIVE 207797 ADVERTISING AND MARKETING 0 X ELECTRIC MOTOR TRAM 3 90000 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, SO FAR AS MAY BE PERMITTED BY LAW, THE FULL POWERS OF THE BOARD OF DIRECTORS AND THE ACTION TAKEN BY THE EXECUTIVE COMMITTEE MAY BE RELIED ON BY THIRD PARTIES AS THE ACTIONS OF THE BOARD; PROVIDED, HOWEVER, THAT THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWER TO HIRE OR FIRE THE CHIEF EXECUTIVE OFFICER, AMEND THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION, MERGE OR DISSOLVE THE CORPORATION OR APPROVE THE SALE OF ALL OR ANY MATERIAL PORTION OF ITS ASSETS, OR TAKE ANY OTHER ACTION THE BOARD OF DIRECTORS SHALL SPECIFICALLY RESERVE TO ITSELF. FORM 990, PART VI, SECTION A, LINE 2 HAROLD TINSLEY AND MARTHA TINSLEY HAVE A FAMILY RELATIONSHIP. HOYT "BARNEY" BARNETT, WESLEY BARNETT AND NICHOLAS BARNETT HAVE A FAMILY RELATIONSHIP. DAVID BUNCH AND JEAN BUNCH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS ARE PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT ISN'T REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A A SEARCH COMMITTEE COMPRISED OF BONNET SPRINGS PARK BOARD MEMBERS WAS RESPONSIBLE FOR THE HIRING AND COMPENSATION DETERMINATION OF THE CEO. AN INDEPENDENT SALARY SURVEY WAS CONDUCTED, USING COMPARABLE ORGANIZATIONS FROM AROUND THE US, IN ORDER TO DETERMINE A COMPETITIVE COMPENSATION LEVEL. THE SEARCH COMMITTEE REVIEWED AND APPROVED FINAL COMPENSATION DETERMINATION, AND DOCUMENTED ALL DELIBERATION AND DECISIONS IN THE MINUTES OF MEETINGS HELD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S MAILING ADDRESS. ROUNDHOUSE HOLDINGS LLC 400 BONNET SPRINGS BLVD LAKELAND FL 33815 814622460 ACQUISITION OF REAL PROPERTY FOR DEVELOPMENT OF PARK FL 523334 112977684 BONNET SPRINGS PARK INC LAKE WIRE DEVELOPMENT COMPANY LLC 400 BONNET SPRINGS BLVD LAKELAND FL 33815 814148156 SALE OF REAL PROPERTY FL 5935293 3519313 BONNET SPRINGS PARK INC FRIENDS OF BONNET SPRINGS PARK LLC 400 BONNET SPRINGS BLVD LAKELAND FL 33815 833977566 FUNDRAISE FINANCIAL SUPPORT FOR PARK FL 22918 24067 BONNET SPRINGS PARK INC