Flotteron Family Foundation
- Assets
- $97.3k
- Revenue
- $16.9k
- Investments
- $80.8k
- Employees
- 0
- Location
- Vero Beach, FL
- Founding
- 03/2006
- Data as of
- 12/2023
- EIN
- 20-3983073
Organization Overview
Flotteron Family Foundation is located in Vero Beach, FL. The organization was established in 2006. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. Flotteron Family Foundation 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 12/2023, Flotteron Family Foundation generated $16.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.9% each year . All expenses for the organization totaled $3.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Flotteron Trustee | 0.01 | $0 | |
Nora Flotteron Trustee | 0.01 | $0 | |
Nicole Flotteron Trustee | 0.01 | $0 | |
Joey Flotteron Trustee | 0.01 | $0 | |
Matthew Flotteron Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,127 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,797 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,533 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $620 |
| Contributions, gifts, grants paid | $2,900 |
| Total expenses and disbursements | $3,520 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,497 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $67,656 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $97,275 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Flotteron Family Foundation has awarded $2,900 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VILLANOVA UNIVERSITY PURPOSE: EDUCATION | $500 |
SALLY WILKEY FOUNDATION PURPOSE: CHILDREN'S FOUNDATION | $500 |
SALVATION ARMY PURPOSE: CHARITY | $100 |
ST JUDE CHILDREN'S HOSPITAL PURPOSE: MEDICAL | $500 |
QUAIL VALLEY CHARITITES PURPOSE: CHARITY | $300 |
ENVIRONMENTAL LEARNING CENTRE PURPOSE: EDUCATION | $1,000 |