Florida Endowment Foundation for Florida's Graduates Inc

Nonprofit profile at a glance

EIN
593580979
IRS 990-EZ coverage
2025–2025
Forms available
Form 990 2024, Form 990-EZ 2025
Location
Flagler Beach, FL, USA
Phone
3864395730
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Official website

Reported finances

Revenue
$167,433
Expenses
$231,274
Assets
$416
Liabilities
$172,243

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

Leadership & pay

1 person listed

Executive titles in this filing

  • HEATHER M BEAVEN (CEO)

People named in this filing

  • HEATHER M BEAVEN (CEO)

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

The organization's mission is to bring academic, work, life and economic opportunities to students whose potential to contribute to a robust Florida is largely untapped.

What it reported doing in 2025

The Florida endowment foundation for Florida's graduates inc was established to create a statewide organization focused on providing eduacation, workforce development and economic development for Florida students. The foundation is currently made up of three programs that operate both independently and cooperatively, depending on the needs of the external partners carrying out the foundation's mission. Jobs for Florida's graduates (jfg) is the main program of the foundation. Jfg is a competency based work and life skills program for Florida students that is delviered by licensed educators for middle schools, high schools, community colleges, juvenile justice facilities and community based organizations. This program is affiliated with the national jobs for america's graduates, which operates in 28 states. Girls get it (ggit) was created to develop a statewide network that offers young women opportunities to connect and explore science, technology, engineering, and math and information technology leading to rewarding careers. Ggit was created by the Florida distance learning consortium and cisco systems, inc. In 2005. Ggit works with middle and high schools to increase female student participation and graduation rates in stem and its coursework, provide stem and it career exploration opportunities, and ultimately increase the number of women employed in the stem and it fields across the state of Florida. Victory over instability by choosing education (voice) is a multi-media youth center concept designed to give young people real world, work based learning opportunities in journalism, poetry, song writing, composing, graphic design, and publishing.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 75
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.1%; rating input score 99

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 3rd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -38.1%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: 414.05; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -3.9% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -4.3% per year; rating input score 0; 16th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $229K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.