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Nonprofiteer
← BONNET SPRINGS PARK INC

Form 990 for tax year 2025

Filed by BONNET SPRINGS PARK INC.

Totals

Total revenue
$16,647,112
Total expenses
$15,115,917
Contributions and grants received
$12,398,793
Grants paid
$0
Program service revenue
$0
Investment income
$2,081,435
Other revenue
$2,166,884
Total assets, end of year
$158,153,267
Total liabilities, end of year
$711,671
Net assets or fund balances, end of year
$157,441,596
Program services expenses (Part IX)
$12,548,559
Management and general expenses
$1,876,659
Fundraising expenses
$690,699
Program service expenses (Part III)
$12,548,559

Program services were 83.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $5,785

  • 1c · Fundraising events

    $38,046

  • 1e · Government grants (contributions)

    $1,254,062

  • 1f · All other contributions, gifts and grants

    $11,100,900

  • 1g · Noncash contributions included above

    $2,475

  • 3 · Investment income

    total $1,274,583 · excluded $1,274,583

  • 6a · Gross rents

    real property $1,052,989

  • 6b · Less rental expenses

    real property $62,477

  • 6c · Rental income or loss

    real property $990,512

  • 6d · Net rental income or loss

    total $990,512 · related or exempt $990,512

  • 7a · Gross sales of assets other than inventory

    securities $3,015,087

  • 7b · Less cost or other basis and sales expenses

    securities $2,208,235

  • 7c · Gain or loss

    securities $806,852

  • 7d · Net gain or loss

    total $806,852 · excluded $806,852

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $38,046

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $1,796,830

  • 10b · Cost of goods sold

    $664,494

  • 10c · Net income from sales of inventory

    total $1,132,336 · excluded $1,132,336

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $44,036 · excluded $44,036

  • 11e · Other revenue, total

    $44,036

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $470,838 · program services $380,510 · management and general $58,470 · fundraising $31,858

  • 7 · Other salaries and wages

    total $4,596,653 · program services $3,714,814 · management and general $570,823 · fundraising $311,016

  • 8 · Pension plan contributions

    total $99,691 · program services $74,693 · management and general $16,722 · fundraising $8,276

  • 9 · Other employee benefits

    total $275,982 · program services $206,777 · management and general $46,293 · fundraising $22,912

  • 10 · Payroll taxes

    total $381,716 · program services $285,997 · management and general $64,029 · fundraising $31,690

  • 11b · Fees: legal

    total $7,055 · management and general $7,055

  • 11c · Fees: accounting

    total $42,057 · management and general $42,057

  • 11f · Fees: investment management

    total $191,477 · fundraising $191,477

  • 11g · Fees: other

    total $1,207,311 · program services $825,558 · management and general $339,253 · fundraising $42,500

  • 12 · Advertising and promotion

    total $292,484 · program services $252,338 · fundraising $40,146

  • 13 · Office expenses

    total $196,929 · program services $174,727 · management and general $20,569 · fundraising $1,633

  • 14 · Information technology

    total $80,005 · program services $46,435 · management and general $33,045 · fundraising $525

  • 16 · Occupancy

    total $464,908 · program services $415,126 · management and general $49,782

  • 17 · Travel

    total $3,985 · program services $1,972 · management and general $2,013

  • 19 · Conferences, conventions and meetings

    total $10,663 · management and general $10,130 · fundraising $533

  • 22 · Depreciation, depletion and amortization

    total $4,760,516 · program services $4,667,648 · management and general $92,868

  • 23 · Insurance

    total $510,764 · program services $58,290 · management and general $451,653 · fundraising $821

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $615,473 · program services $611,489 · management and general $3,984

  • 24b · Other expenses: PROGRAMMING EXPENSES

    total $369,873 · program services $369,873

  • 24c · Other expenses: EMPLOYEE EXPENSES

    total $55,855 · management and general $55,855

  • 24e · All other expenses

    total $481,682 · program services $462,312 · management and general $12,058 · fundraising $7,312

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $315,778 · end of year $380,658

  • 2 · Savings and temporary cash investments

    beginning of year $962,965 · end of year $864,394

  • 3 · Pledges and grants receivable

    beginning of year $12,306,103 · end of year $7,549,291

  • 8 · Inventories for sale or use

    beginning of year $79,362 · end of year $59,193

  • 9 · Prepaid expenses and deferred charges

    beginning of year $434,103 · end of year $364,257

  • 10a · Land, buildings and equipment: cost or other basis

    $120,075,542

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,883,655

  • 10c · Land, buildings and equipment, net

    beginning of year $106,772,243 · end of year $105,191,887

  • 11 · Investments: publicly traded securities

    beginning of year $4,680,717 · end of year $3,820,199

  • 13 · Investments: program-related

    beginning of year $28,931,111 · end of year $39,746,696

  • 14 · Intangible assets

    beginning of year $191,729 · end of year $176,692

  • 17 · Accounts payable and accrued expenses

    beginning of year $988,687 · end of year $443,083

  • 19 · Deferred revenue

    end of year $268,588

  • 25 · Other liabilities

    beginning of year $2,007 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $133,975,915 · end of year $142,723,662

  • 28 · Net assets with donor restrictions

    beginning of year $19,707,502 · end of year $14,717,934

Listed in Part VII

  • JOHN ATTAWAY

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • HOYT R BARNEY BARNETT

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    10

  • WESLEY BARNETT

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • JEAN BUNCH

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • HAROLD W TINSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • DAVID BUNCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • MARCY BENTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARTHA TINSLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • KIMBERLY ELMHORST

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • WILLIAM VASS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • NICHOLAS BARNETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • DONNA HENRICKS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • JEFFREY COX SR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • MARTHA SANTIAGO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JUSTIN HOLLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • SARA ROBERTS MCCARLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • KATHLEEN MUNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • TIM RICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • TINA HARRELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • ASHLEY LINK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JOSHUA HENDERSON

    CEO

    Total calculated
    $364,208
    From this org
    $323,484
    From related orgs
    $0
    Other
    $40,724
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $323,484
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $40,724
    Filer's total
    $364,208

  • JENNIFER ROYAL

    VP OF FINANCE

    Total calculated
    $185,635
    From this org
    $147,353
    From related orgs
    $0
    Other
    $38,282
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,353
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,282
    Filer's total
    $185,635

  • KIRSTEN HEIN

    VP OF ENGAGEMENT

    Total calculated
    $179,587
    From this org
    $160,699
    From related orgs
    $0
    Other
    $18,888
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,699
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $18,888
    Filer's total
    $179,587

  • WENDY STEPHENS

    SENIOR DIRECTOR OF HR

    Total calculated
    $149,877
    From this org
    $141,212
    From related orgs
    $0
    Other
    $8,665
    Hours/week
    40

  • BARRETT MATTHEW BYERS

    VP OF OPERATIONS

    Total calculated
    $162,573
    From this org
    $143,363
    From related orgs
    $0
    Other
    $19,210
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,816
    Bonus
    $0
    Other
    $15,547
    Deferred
    $0
    Nontaxable benefits
    $19,210
    Filer's total
    $162,573

  • KELLIE A PHILLIPS

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $119,983
    From this org
    $110,617
    From related orgs
    $0
    Other
    $9,366
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ROUNDHOUSE HOLDING LLC

    ACQUISITION OF REAL PROPERTY FOR DEVELOPMENT OF PARK · FL · income $968 · assets $104,292,566

    Directly controlled by BONNET SPRINGS PARK INC

  • LAKE WIRE DEVELOPMENT COMPANY LLC

    SALE OF REAL PROPERTY · FL · income $4,963 · assets $6,781,088

    Directly controlled by BONNET SPRINGS PARK INC

Provenance

Return type
form_990
Tax year
2025
IRS schema version
2025v4.2
Source object
202612449349300731

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