Howard T Odum Florida Springs Institute Inc
- Assets
- $407.7k
- Revenue
- $555.3k
- Investments
- $0.0
- Employees
- 6
- Location
- High Springs, FL
- Founding
- 04/2013
- Data as of
- 12/2023
- EIN
- 46-1663401
Organization Overview
Howard T Odum Florida Springs Institute Inc is located in High Springs, FL. The organization was established in 2013. According to its NTEE Classification (C32) the organization is classified as: Water Resources, Wetlands Conservation & Management, under the broad grouping of Environment and related organizations. As of 12/2023, Howard T Odum Florida Springs Institute Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard T Odum Florida Springs Institute 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 12/2023, Howard T Odum Florida Springs Institute Inc generated $555.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 17.0% each year . All expenses for the organization totaled $334.2k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
FLORIDA SPRINGS INSTITUTE PROVIDES A FOCAL POINT FOR IMPROVING THE UNDERSTANDING OF SPRINGS ECOLOGY AND FOSTERS DEVELOPMENT OF SCIENCE-BASED EDUCATION AND MANAGEMENT ACTIONS NEEDED TO RESTORE AND PROTECT SPRINGS THROUGHOUT FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCIENTIFIC RESEARCH: FSI CONTINUES DATA COLLECTION AND ANALYSIS ON THE LOWER AND MIDDLE SUWANNEE RIVER AND SPRINGS, THE ICHETUCKNEE RIVER AND SPRINGS, RAINBOW RIVER AND SPRINGS, SILVER SPRINGS, VOLUSIA BLUE SPRING, LOWER SANTA FE RIVER AND SPRINGS, AND HOMOSASSA SPRINGS. FINDINGS WERE DISTRIBUTED THROUGH THE WEBSITE. A RESTORATION ACTION PLAN AND EXECUTIVE SUMMARY FOR THE MIDDLE SUWANNEE RIVER AND SPRINGS HAS BEEN COMPLETED AND PUBLISHED FOR DISTRUBUTION TO THE PUBLIC, LOCAL AND STATE LEADERS, AND KEY STAFF OF THE ENVIRONMENTAL AGENCIES. A RESTORATION ACTION PLAN AND EXECUTIVE SUMMARY FOR VOLUSIA BLUE SPRING HAS BEEN COMPLETED AND PUBLISHED. RESTORATION ACTION PLANS ADDRESS THE CURRENT HEALTH OF THE WATER BODIES AND PROVIDE RECOMMENDATIONS MOVING FORWARD TO IMPROVE THE HEALTH OF THE ECOSYSTEM.
EDUCATION : FSI CONDUCTS PRESENTATIONS TO SCHOOL CHILDREN AND ADULTS ON ECOLOGY, HYDROECOLOGY, GEOLOGY, SPRINGS PROBLEMS AND SOLUTIONS, AND STATE AND FEDERAL WATER LAW. FSI ALSO WORKS WITH LOCAL ORGANIZATIONS TO EDUCATE LOCAL GOVERNMENT AND STATE LEADERS ON ISSUES AFFECTING THE SPRINGS SO THEY MAY MAKE INFORMED DECISIONS TO PROTECT THE STATES WATER RESSOURCES. FSIS EXECUTIVE DIRECTOR PUBLISHES COLUMNS AND OP-EDS IN LOCAL NEWSPAPERS ON SPRING ISSUES AND CONDUCTS TV, RADIO, AND NEWSPAPER INTERVIEWS AS ONE OF THE STATES LEADING EXPERTS ON SPRINGS AND CURRENT TRENDS IN SPRINGS HEALTH. FSI CONDUCTS SHORT COURSES ON SPRINGS FOR ENVIRONMENT PROFESSIONALS, STUDENTS AND THE PUBLIC. FSI PUBLISHED A CHILDRENS ACTIVITY AND COLORING BOOK ENTITLED AQUATIC ADVENTURES: FLORIDA SPRINGS AND AQUAFER. OVER 400 COPIES HAVE BEEN DISTRIBUTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Haley Moody Director | Officer | 40 | $56,314 |
Jim Pruitt Board Member | Trustee | 1 | $0 |
Casey Fitzgerald Board Member | Trustee | 1 | $0 |
Steve Walsh Board Member | Trustee | 2 | $0 |
Mary Jane Angelo Board Member | Trustee | 3 | $0 |
Robert Ulanowicz Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,340 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $112,425 |
| All other contributions, gifts, grants, and similar amounts not included above | $398,086 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $522,851 |
| Total Program Service Revenue | $22,418 |
| Investment income | $864 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,202 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $555,335 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $56,315 |
| Compensation of current officers, directors, key employees. | $6,195 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $135,602 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,206 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,820 |
| Advertising and promotion | $2,097 |
| Office expenses | $18,293 |
| Information technology | $4,378 |
| Royalties | $0 |
| Occupancy | $47,351 |
| Travel | $3,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,078 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,248 |
| Insurance | $5,803 |
| All other expenses | $0 |
| Total functional expenses | $334,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $364,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,450 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,677 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $29,940 |
| Total assets | $407,716 |
| Accounts payable and accrued expenses | $3,449 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,449 |
| Net assets without donor restrictions | $202,037 |
| Net assets with donor restrictions | $202,230 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $407,716 |