Florida Foundation for Correctional Excellence Inc
Nonprofit profile at a glance
- EIN
- 844942278
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Location
- Tallahassee, FL, USA
- Phone
- 8505669941
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Rehabilitation Services for Offenders
Reported finances
- Revenue
- $827,258
- Expenses
- $826,128
- Assets
- $790,765
- Liabilities
- $708,276
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- ERICA SPIVEY (EXECUTIVE DIRECTOR)
Highest reported compensation
- ERICA SPIVEY (EXECUTIVE DIRECTOR): $140,900 total reported compensation
- NOELLE MANASCO (ASSOCIATE DIRECTOR/SECRETARY): $78,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the foundation is to serve as a catalyst to identify and address critical issues which impact public safety, programs, and the reentry of inmates and offenders who are under the supervision of the Florida department of corrections. The corporation will bridge the gap between community resources and reentry needs by connecting private and public partners, thereby increasing investment in public correctional re-entry and workforce training programs that support public safety and healthy Florida communities.
What it reported doing in 2024
Florida foundation for correctional excellence (ffce) supports and advances the mission of the Florida department of corrections (fdc) by enhancing programs that improve rehabilitation, reentry, and public safety outcomes.ffce invests in initiatives identified and prioritized by fdc to expand career readiness, job placement, industry credentialing, and educational opportunities for incarcerated and supervised individuals. The organization facilitates the development and delivery of certificate and training programs aligned with workforce needs and reentry success.at the request of fdc, ffce is further engaged in strengthening community and employer partnerships to enhance in-facility programming and create direct labor pipelines for reentry. Ffce also provides resources and material support for educational and technical training initiatives identified by the fdc as essential to workforce preparation and successful reintegration.
Operating model
- Revenue model
- Grant-funded. 83% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 48% for direct work, and 52% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 94
- Accountability: 86
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.5%; rating input score 82
- Program expense ratio: 81.2%; rating input score 81
- Fundraising efficiency: $323.59 raised per $1 spent on fundraising; rating input score 94; 94th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.1%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.9; rating input score 7; 7th percentile among comparable filings
- Officer compensation ratio: 26.5%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 20% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 26.6% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 35.6% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 81.5% of revenue deployed · 81.2% of spending went to programs
- Governance: 10 of 10 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $671K in reported program spending
- Leadership: top reported pay $141K · 14 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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 — Accountability: Governance controls: 3 of 9 not reported.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 7/100.
- High — Sustainability: Officer compensation ratio scored 9/100.