Florida Technology Council Inc
Nonprofit profile at a glance
- EIN
- 471625184
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2017
- Location
- Tallahassee, FL, USA
- Phone
- 8508038324
- Rating
- 44
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $179,663
- Expenses
- $269,106
- Assets
- $46,158
- Liabilities
- $285,187
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JAMES TAYLOR (CEO)
People named in this filing
- JAMES TAYLOR (CEO)
- MATTHEW HANSARD (TREASURER)
- MICHELLE GAINES (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization operates as a business league to foster growth in Florida's technology industry
What it reported doing in 2024
To foster growth in Florida's technology industry
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 1
- Transparency & Controls: 100
- Sustainability: 7
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 1.7%; rating input score 2
- Program expense ratio: Limited
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: -49.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 6.18; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 30%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 4.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 1.7% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 2/100.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 11/100.