Florida Small Business Development Foundation Inc
- Assets
- $112.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pensacola, FL
- Founding
- 07/2004
- Data as of
- 12/2022
- EIN
- 20-0205132
Organization Overview
Florida Small Business Development Foundation Inc is located in Pensacola, FL. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Small Business Development Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Florida Small Business Development Foundation Inc generated $70.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $22.0k during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION FACILITATES PUBLIC AWARENESS OF THE NETWORK; ESTABLISHING LOCAL AND REGIONAL MEETINGS WITH OTHER POTENTIAL ECONOMIC STAKEHOLDERS; PROVIDING NETWORK GUIDANCE ON LEGISLATIVE PROCESSES AND SUNSHINE COMPLIANCE; FACILITATING CITY AND COUNTY PARTNERSHIPS THAT CAN LEAD TO FINANCIAL RELATIONSHIPS FOR DIRECT SERVICES TO SMALL BUSINESSES AND ENTREPRENEURS, AND PROVIDING GUIDANCE ON UNIVERSITY AND COMMUNITY COLLEGE SYSTEMS FUNDING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bridget Lacoste Secretary/tr | 0 | $0 | |
Greg Britton President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $188 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,188 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $700 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,277 |
| Total expenses | $21,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,359 |
| Other assets | $0 |
| Total assets | $112,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,359 |
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