Foundation of Associated Industries of Florida
Nonprofit profile at a glance
- EIN
- 800277629
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- Tallahassee, FL, USA
- Phone
- 8502247173
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $136,006
- Expenses
- $36,289
- Assets
- $329,050
- Liabilities
- $54
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
People named in this filing
- STEPHEN B TRICKEY (EXECUTIVE D)
- JOSE L GONZALEZ (CHAIRMAN)
- STEPHEN SHIVER (VICE CHAIRMA)
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 foundation of associated industries of Florida promotes and advances principles of a free market enterprise; educates individual and corporate citizens about business principles that lead to continued and greater economic strength and prosperity through programs, scholarships, studies and recognition activities.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 100
- Sustainability: 88
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.4%; rating input score 13
- Program expense ratio: 50.3%; rating input score 50
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: 73.3%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 9.07; rating input score 98; 98th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -1.2% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: -6.5% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 13.4% of revenue deployed · 50.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules
- Filing history: 9 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Related organizations: 12 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.
- High — Financial Efficiency: Mission deployment rate scored 13/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.