Polk Sheriffs Charities INC FY2020 filing

Tax-deductible

Winter Haven, FL501(c)(3)Foundations & GrantmakersEIN 20-8219397Revenue $845K in FY2020

On file with the IRSpolksheriff.org1891 Jim Keene Blvd, 33880-8000 · Winter Haven, FLTax-exempt since Jan 2008Publicly supported charity — 170(b)(1)(A)(vi)

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Support Polk countys law enforcement community

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $132K a year · 17% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
28 mo
of spending, in cash
Looks good: 28.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$395
0.03% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$845K
Spent
$503K
To programs
95%
Net assets
$1.2M
By yearFY2020–FY2024
Revenue
$845K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$845K
FY2021$751K
FY2022$868K
FY2023$750K
FY2024$729K
Expenses
$503K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$503K
FY2021$552K
FY2022$863K
FY2023$699K
FY2024$664K
Net assets
$1.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.4M
FY2023$1.5M
FY2024$1.6M

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $480K Management & general 0% · $2K Fundraising 4% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Polk Sheriffs Charities INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports Polk County's law enforcement community.

Questions for Polk Sheriffs Charities INC

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Provided by the organization

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1 program · $480K · in their own filed words · FY2020
01

A supported members of polk countys law enforcement community by assisting families of fallen heroes and giving scholarships to the children of law enforcement employees. B provided financial assistance to victims of violent crime. C assisted members of the community with specific needs identified by sheriffs deputies.

$480Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$30K
Grants paid · 59 grants · $2.2M · 2020–2024
Unitemized GrantFY2024$103,399
Polk County Sheriff's OfficeFY2024$78,026
Unitemized GrantFY2024$34,551
The Freedom Tour INCFL · FY2024$31,500
Refuge on the RidgeFL · FY2024$29,880
Hope Equine RescueFL · FY2024$13,556
Women and Youth Center INCFL · FY2024$10,000
Unitemized GrantFY2024$9,954
Polk County Public SchoolsFY2024$6,000
Unitemized GrantFY2023$93,618
Unitemized GrantFY2023$70,152
Gods Hands Farm INCFL · FY2023$60,893
The Salvation ArmyGA · FY2023$54,400
Refuge on the RidgeFL · FY2023$30,000
Good Shepherd Hospice INCFL · FY2023$15,000
See all 59 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$845K
Ln 12
Gifts and grantsLn 1h$588K
Other incomeLn 4–11$254K
Investment incomeLn 3$3K
Money outPt IX
$503K
Ln 25
Programscol B$480K
Managementcol C$2K
Fundraisingcol D$21K
Owns and owesPt X
$1.2M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$395
PeoplePt VI, VII
8
listed · VII A
PaidVII A0
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$588K
Noncash giftsLn 1g$45K
Fundraising eventsLn 1c$147K
Investment incomeLn 3$3K
Other incomeLn 4–11$254K
Total revenueLn 12$845K
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$395
Net assetsLn 32$1.2M
OperationsPt I, VI
EmployeesI 50
VolunteersI 6150
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$887K$1.2M
Total assetsLn 16$892K$1.2M
LiabilitiesLn 26$403$395
Net assetsLn 32$892K$1.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$103K$103K
Grants to domestic individualsLn 2$262K$262K
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$875$875
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$136K$115K$186$21K
All other expensesLn 24e$0
Total functional expensesLn 25$503K$480K$2K$21K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $729K$664K$65K$1.6M 990 PDF
FY2023 $750K$699K$52K$1.5M 990 PDF
FY2022 $868K$863K$5K$1.4M 990 PDF
FY2021 $751K$552K$199K$1.4M 990 PDF
FY2020 Viewing $845K$503K$342K$1.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $844,552 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $295,279$588,474
I-9 Program service revenue$0
I-10 Investment incomePrior year $6,277$2,543
I-11 Other revenuePrior year $107,713$253,535
I-12 Total revenuePrior year $409,269$844,552
I-13 Grants and similar amounts paidPrior year $255,711$364,905
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $85,909$137,758
I-18 Total expensesPrior year $341,620$502,663
I-19 Revenue less expensesPrior year $67,649$341,889
Part VI · Governance 8 of 8 board members independent, 3 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $844,552 across 8 lines filed
Lines not itemized here account for $19,992 of total revenue; see the IRS return.
VIII-1c Fundraising events$147,287
VIII-1f All other contributions, gifts and grants$441,187
VIII-1g Noncash contributions (included above)$44,990
VIII-1h Total contributions, gifts and grants$588,474
VIII-3 Investment incomeExcluded from tax $2,543$2,543
VIII-8 Net income from fundraising eventsExcluded from tax $233,509$233,509
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $34$34
VIII-12 Total revenueExcluded from tax $256,078$844,552
Part IX · Statement of functional expenses $502,663 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $102,668$102,668
IX-2 Grants to domestic individualsPrograms $262,237$262,237
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $875$875
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $1,152$1,152
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $114,840 · Management $186 · Fundraising $20,705$135,731
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $479,745 · Management $2,213 · Fundraising $20,705$502,663
Part X · Balance sheet $1,234,274 assets, 8 lines filed
X-1 Cash, non-interest-bearing$2,750
X-2 Savings and temporary cash investmentsStart of year $886,949$1,191,876
X-8 Inventories for sale or useStart of year $5,444$39,648
X-16 Total assetsStart of year $892,393$1,234,274
X-17 Accounts payable and accrued expensesStart of year $403$395
X-26 Total liabilitiesStart of year $403$395
X-32 Total net assets or fund balancesStart of year $891,990$1,233,879
X-33 Total liabilities and net assetsStart of year $892,393$1,234,274
Part XI · Reconciliation of net assets $1,233,879 net assets at year end
XI-1 Total revenue$844,552
XI-2 Total expenses$502,663
XI-3 Revenue less expenses$341,889
XI-4 Net assets at start of year$891,990
XI-10 Net assets at end of year$1,233,879

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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