PENSACOLA SPORTS ASSOCIATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PENSACOLA SPORTS ASSOCIATION INC (EIN 59-0767953)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-04-17
- IRS object ID
- 201321079349300312
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-04-17T11:47:02-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARLSON & COMPANY CHARTERED | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7100 PLANTATION ROAD BUILDING 21 | AddressLine1 |
| City | PENSACOLA | City |
| State | FL | State |
| ZIP Code | 32504 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590767953 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PENSACOLA SPORTS ASSOCIATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PENS | NameControl |
| Phone | 8504342800 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12463 | AddressLine1 |
| City | PENSACOLA | City |
| State | FL | State |
| ZIP Code | 32591 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RAY PALMER | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 8504342800 | Phone |
| Date Signed | 2013-03-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN J CARLSON | Name |
| Phone | 8504766900 | Phone |
| Date Prepared | 2013-03-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | RAY PALMER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST MAIN STREET | AddressLine1 |
| City | PENSACOLA | City |
| State | FL | State |
| ZIP Code | 32501 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1003840 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PENSACOLASPORTS.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1959 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | TO WORK WITH INTERNATIONAL, NATIONAL, STATE AND LOCAL GOVERNMENTS AND OTHER PUBLIC AND PRIVATE ENTITIES IN THE DEVELOPMENT, ORGANIZATION, BIDDING, ADVERTISING, PROMOTION, ENCOURAGEMENT, HOSTING AND THE OPERATION OF AMATEUR AND PROFESSIONAL SPORTS IN NORTHWEST FLORIDA FOR THE PURPOSE OF REGIONAL ECONOMIC DEVELOPMENT (SPORTS ECONOMIC DEVELOPMENT). | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 178759 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 175481 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 673471 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 794952 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 23476 | InvestmentIncomePriorYear |
| Investment Income Current Year | 28607 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 4800 | OtherRevenuePriorYear |
| Other Revenue Current Year | 4800 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 880506 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1003840 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 242256 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 250583 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 11176 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 656556 | OtherExpensePriorYear |
| Other Expenses Current Year | 738428 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 898812 | TotalExpensesPriorYear |
| Total Expenses Current Year | 989011 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -18306 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 14829 | RevenuesLessExpensesCY |
| Total Assets BOY | 628829 | TotalAssetsBOY |
| Total Assets EOY | 683132 | TotalAssetsEOY |
| Total Liabilities BOY | 69087 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 84702 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 559742 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 598430 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO WORK WITH INTERNATIONAL, NATIONAL, STATE AND LOCAL GOVERNMENTS AND OTHER PUBLIC AND PRIVATE ENTITIES IN THE DEVELOPMENT, ORGANIZATION, BIDDING, ADVERTISING, PROMOTION, ENCOURAGEMENT, HOSTING AND THE OPERATION OF AMATEUR AND PROFESSIONAL SPORTS IN NORTHWEST FLORIDA FOR THE PURPOSE OF REGIONAL ECONOMIC DEVELOPMENT (SPORTS ECONOMIC DEVELOPMENT). | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 426878 | Expense |
| Revenue | 426347 | Revenue |
| Description | SPORTS MARKETING ACTIVITIES - ACCOMPLISHED THE GOAL OF ATTRACTING OTHER REGIONAL AND NATIONAL EVENTS TO THE PENSACOLA AREA WHICH WILL BENEFIT THE ENTIRE COMMUNITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 90901 | Expense |
| Revenue | 135706 | Revenue |
| Description | THE DOUBLE BRIDGE RUN BROUGHT MANY VISITORS TO THE AREA. RUNNERS PARTICIPATED IN A 15K OR 5K RUN WHICH STARTED IN DOWNTOWN PENSACOLA AND FINISHED ON PENSACOLA BEACH. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 231504 | Expense |
| Revenue | 232898 | Revenue |
| Description | VARIOUS EVENTS WERE HELD TO PROMOTE LOCAL SPORTING EVENTS THAT BROUGHT PLAYERS AND SPECTATORS TO THE LOCAL AREA AND CREATED OPPORTUNITIES FOR LOCAL ATHLETES TO BE RECOGNIZED. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 749283 | TotalProgramServiceExpense |
| Described In501 C3 | false | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Subject To Proxy Tax | true | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | true | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | RAY PALMER | NamePerson |
| Telephone Number | 8504342800 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 WEST MAIN STREET | AddressLine1 |
| City | PENSACOLA | City |
| State | FL | State |
| ZIP Code | 32501 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| TED GUND | ||||||
| VP - FINANCE | 1.00 | X | X | 0 | 0 | 0 |
| NORM ROSS | ||||||
| VICE PRESIDE | 1.00 | X | X | 0 | 0 | 0 |
| JODIE WEBB | ||||||
| PRESIDENT-EL | 1.00 | X | X | 0 | 0 | 0 |
| JOHN PANYKO | ||||||
| VP-COMMUNITY | 1.00 | X | X | 0 | 0 | 0 |
| JACKIE BROWN | ||||||
| VP - EVENTS | 1.00 | X | X | 0 | 0 | 0 |
| DAVID STAFFORD | ||||||
| PAST PRESIDE | 1.00 | X | 0 | 0 | 0 | |
| CHARLES C SHERRIL JR | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| DAVE SCOTT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHAD BONNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MIKE EDDINS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL CAPPS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BUDDY CONNELLY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BOBBY BEHR | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL BURROUGHS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHRISTIAN GARMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CHARLES GHEEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RORY CASSEDY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BUDDY HINOTE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JEHAN CLARK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICK JOHNSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BILL HAMILTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID KELLNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PATTI MOHAN | ||||||
| VP - MEMBERS | 1.00 | X | X | 0 | 0 | 0 |
| EDDIE PITMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAKE RENFROE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL RHODES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVE ROBINSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TED ROY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RON PULLEY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JEFF VANNOY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MONROE WATLEY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILL CONDON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KEVIN DOYLE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ADAM RUSSELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PHIL KRAUS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAY PATEL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RAY PALMER | ||||||
| EXECUTIVE DI | 40.00 | X | 68361 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 68361 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Membership Dues | 26375 | MembershipDues |
| All Other Contributions | 149106 | AllOtherContributions |
| Total Contributions | 175481 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| PROGRAM REVENUES | 368605 | 368605 |
| ESAMBIA CO TOURIST DEVELOPMEN | 316869 | 316869 |
| BP TOURISM PROGRAM REVENUE | 109478 | 109478 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 794952 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28607 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28607 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 4800 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 4800 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4800 | TotalRevenueColumn |
| Exclusion | $4,800 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1003840 | TotalRevenueColumn |
| Related Or Exempt Function Income | 823559 | RelatedOrExemptFunctionIncome |
| Exclusion | $4,800 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68361 | Total |
| Program Services | 51271 | ProgramServices |
| Management And General | 17090 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144316 | Total |
| Program Services | 74729 | ProgramServices |
| Management And General | 69587 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27196 | Total |
| Management And General | 27196 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10710 | Total |
| Management And General | 10710 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8000 | Total |
| Program Services | 8000 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30697 | Total |
| Management And General | 30697 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23280 | Total |
| Program Services | 12104 | ProgramServices |
| Fundraising | 11176 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11686 | Total |
| Management And General | 11686 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1556 | Total |
| Management And General | 1556 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27770 | Total |
| Program Services | 20000 | ProgramServices |
| Management And General | 7770 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13538 | Total |
| Program Services | 12325 | ProgramServices |
| Management And General | 1213 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24440 | Total |
| Program Services | 1069 | ProgramServices |
| Management And General | 23371 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20796 | Total |
| Management And General | 20796 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| BP TOURISM PROGRAM EXPENS | 109477 | 109477 |
| BRIDGE RUN | 90899 | 90899 |
| SPT MKT-HOSTING & BIDS | 82668 | 82668 |
| MARATHON EXPENSES | 58764 | 58764 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 234857 | Total |
| Program Services | 227977 | ProgramServices |
| Management And General | 6880 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 989011 | Total |
| Program Services | 749283 | ProgramServices |
| Management And General | 228552 | ManagementAndGeneral |
| Fundraising | 11176 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 300 | BOY |
| EOY | 100 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62433 | BOY |
| EOY | 71766 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37615 | BOY |
| EOY | 34167 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10491 | BOY |
| EOY | 11090 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 477594 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 385994 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 116040 | BOY |
| EOY | 91600 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 401950 | BOY |
| EOY | 474409 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 628829 | BOY |
| EOY | 683132 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19211 | BOY |
| EOY | 3508 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37458 | BOY |
| EOY | 70144 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12418 | BOY |
| EOY | 11050 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69087 | BOY |
| EOY | 84702 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 559742 | BOY |
| EOY | 598430 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 559742 | BOY |
| EOY | 598430 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 628829 | BOY |
| EOY | 683132 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 14829 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 23859 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed4955 Tax | false | Form4720Filed4955Tax |
| Correction Made | false | CorrectionMade |
| Form1120 Pol Filed | false | Form1120PolFiled |
| Form4720 Filed | false | Form4720Filed |
| Volunteers | false | Volunteers |
| Paid Staff Or Management | false | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | false | GrantsOtherOrganizations |
| Direct Contact Legislators | false | DirectContactLegislators |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
| Substantially All Dues Nondeduct | true | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | true | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | false | AgreeToCarryoverPriorYear |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 423757 | OtherCostOrOtherBasis |
| Depreciation | 342532 | Depreciation |
| Book Value | 81225 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 53835 | OtherCostOrOtherBasis |
| Depreciation | 43459 | Depreciation |
| Book Value | 10376 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 91601 | TotalOfBookValueLandBuildings |
| Total Revenue | 1003840 | TotalRevenue |
| Total Expenses | 989011 | TotalExpenses |
| Excess Or Deficit For Year | 14829 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 23859 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 23859 | TotalAdjustments |
| Excess Or Deficit Per FS | 38688 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1108417 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 23859 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 80718 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 104577 | RevenueNotRptdF990 |
| Revenue Subtotal | 1003840 | RevenueSubtotal |
| Total Revenue Per Form990 | 1003840 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1069729 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 80718 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 80718 | ExpensesNotRptdF990 |
| Expenses Subtotal | 989011 | ExpensesSubtotal |
| Total Expenses Per Form990 | 989011 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ESCROW LIABILITY ARRANGEMENT EXPLANATION | Identifier |
| Return Reference | SCHEDULE D, PAGE 2, PART IV, LINE 2B | ReturnReference |
| Explanation | PART X LINE 21 CONSISTS OF ESCROW FUNDS HELD FOR STUDENT SCHOLARSHIPS AWARDED ANNUALLY. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| JAMES CURRIE | |||
| FORMER OFFICER | 13500 | EVENT PLANNING | false |
| LOGO MOTION LLC | |||
| CURRENT OFFICER | 43700 | PROMOTIONAL ITEMS | false |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | TO WORK WITH INTERNATIONAL, NATIONAL, STATE AND LOCAL GOVERNMENTS AND OTHER PUBLIC AND PRIVATE ENTITIES IN THE DEVELOPMENT, ORGANIZATION, BIDDING, ADVERTISING, PROMOTION, ENCOURAGEMENT, HOSTING AND THE OPERATION OF AMATEUR AND PROFESSIONAL SPORTS IN NORTHWEST FLORIDA FOR THE PURPOSE OF REGIONAL ECONOMIC DEVELOPMENT (SPORTS ECONOMIC DEVELOPMENT). |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, ACCOUNTANT, AND VICE PRESIDENT OF FINANCE PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE CONFLICT OF INTEREST POLICY WAS DISCUSSED WITH THE BOARD MEMBERS AT THE 7/19/12 BOARD MEETING. THE ORGANIZATION'S BYLAWS INCLUDE A CONFLICT OF INTEREST POLICY RELATED TO ANY CONTRACTS OR OTHER TRANSACTIONS WHICH REQUIRES DISCLOSURE BY ITS DIRECTORS OR ANY OTHER CORPORATION, FIRM, ASSOCIATION OR ENTITY IN WHICH ONE OR MORE OF THE DIRECTORS ARE DIRECTORS OR OFFICERS OR ARE FINANCIALLY INTERESTED. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR ALL OFFICERS AND EMPLOYEES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE FORM 990, GOVERNING DOCUMENTS, AND MOST RECENTLY ISSUED AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST DURING NORMAL OFFICE HOURS. |
| OTHER EXPENSES | FORM 990, PART IX, LINE 24E | SPT MKT MAJOR EVENTS EXP 47,447 HIGH SCHOOL ALL STARS 37,755 FUTURES TENNIS 31,703 FCCAA SOFTBALL 30,614 SENIOR SCHOLAR 20,793 AWARDS BANQUET 19,145 CYCLING EVENT 11,676 BUD TENNIS 9,957 OTHER PROGRAM EXPENSES 8,631 DONATIONS 6,880 SPT MKT OFFICE SUPPLIES 4,500 SPT MKT DUES/SUBSCRIPTION 3,288 RACQUET ROUNDUP 2,468 |
Comments