South Gate Community Association I

Nonprofit profile at a glance

EIN
590864549
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Sarasota, FL, USA
Phone
9419534585
Rating
93
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$149,240
Expenses
$125,177
Assets
$342,921
Liabilities
$31,799

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

Leadership & pay

7 people listed

Executive titles in this filing

  • VICKIE LAWSON (PRESIDENT)

People named in this filing

  • VICKIE LAWSON (PRESIDENT)
  • STEVE LEWIS (TREASURER)
  • KELLY MORGAN (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Form 990 - ez, part iii - primary exempt purpose the association was formed to bring property owners in south gate community together for social and recreational activites, to stimulate interest in civic and cultural affairs, such as beautification, maintaining property values, compliance with deed restrictions, to promote and engage in affairs that benefit the members.

What it reported doing in 2025

Rental of association facilities for business, civic, educational, recreational, religious, social and general activities of the association members and the greater community.

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 100
  • Sustainability: 67
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.9%; rating input score 84
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 16.1%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 2.74; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 21; 21st percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 36th percentile among comparable filings

Details

  • Where the money goes: 83.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $125K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 14 filing years from 2010 to 2025
  • 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.

  • High — Sustainability: Liabilities to assets ratio scored 21/100.