Shoe Event Committee Corp of Horseshoe

Nonprofit profile at a glance

EIN
880974721
IRS 990-EZ coverage
2025–2025
Forms available
Form 990-EZ 2025
Location
Horseshoe Beach, FL, USA
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$111,350
Expenses
$87,014
Assets
$70,576

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Wendy Cushman (President)
  • Rhonda Serra Nobles (Vice President - Treasurer)
  • Deborah Dotson (Vice President)

People named in this filing

  • Wendy Cushman (President)
  • Rhonda Serra Nobles (Vice President - Treasurer)
  • Deborah Dotson (Vice President)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our primary exempt purpose is to improve the town and provide events and activities to the community.

What it reported doing in 2025

Other program expenses include - toys for the community Kids Christmas event candy for the community Trunk or Treat event new playground equipment for the local Kiddie Park a donation to the First Baptist Church of Horseshoe Beach booking bands for the Horseshoe Beach Music Festival new picnic tables for the local park and various repair and maintenance projects around the town.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.1%; rating input score 78
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 21.9%; rating input score 73; 73rd 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: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 78.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $87K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • 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.

  • Review — Sustainability: Total-asset coverage ratio scored 52/100.