Bartow Economic Development Council Inc

Nonprofit profile at a glance

EIN
812002042
IRS 990-EZ coverage
2017–2023
Forms available
Form 990-EZ 2023
Location
Bartow, FL, USA
Phone
8633315188
Rating confidence
Limited

Reported finances

Revenue
$171,587
Expenses
$191,076
Assets
$154,973

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

16 people listed

People named in this filing

  • BRIAN HINTON (CHAIRMAN)
  • LINDA HOLCOMB (DIRECTOR)
  • PATRICK CARROLL (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To meet the devlopment goals and challenges of the community for growing the economic opportunity for the bartow, Florida community and the businesses that serve the community.

What it reported doing in 2023

Growing the communitys financial base, preservation of thecommunitys historic nature and assisting new and existing businesswith locations or expansions.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 100
  • Sustainability: 30
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -11.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0.81; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 16.5% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 5.9% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2017 to 2023
  • Contacts: How to reach this organization
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.