Florida Engineering Society Inc
- Assets
- $3.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 14
- Location
- Tallahassee, FL
- Founding
- 04/1952
- Data as of
- 06/2022
- EIN
- 59-0651891
Organization Overview
Florida Engineering Society Inc is located in Tallahassee, FL. The organization was established in 1952. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. As of 06/2022, Florida Engineering Society Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Engineering Society Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Florida Engineering Society Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE PUBLIC WELFARE AND TO PROMOTE THE PROFESSIONAL, SOCIAL AND ECONOMIC INTERESTS OF THE ENGINEERING PROFESSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATIONS OF JOURNAL - FLORIDA ENGINEERING SOCIETY: PUBLISHED MONTHLY AND DISTRIBUTED TO APPROXIMATELY 2,470 MEMBERS AND 7 SUBSCRIBERS. THE JOURNAL WAS DISCONTINUED DURING THIS PERIOD.
CONDUCTING CONVENTIONS, SEMINARS AND MEETINGS: ANNUAL MEETING ATTENDED BY APPROXIMATELY 429 PERSONS PROVIDING MEMBERS WITH EDUCATION IN ADMINISTRATIVE, LEGISLATIVE AND TECHNICAL MATTERS.
PROVIDES ADMINISTRATIVE AND FINANCIAL SUPPORT FOR SIX PRACTICE SECTIONS, 19 LOCAL CHAPTERS, AND 37 COMMITTEES, COMPRISED OF VOLUNTEER MEMBERS, ADDRESSING VARIOUS ISSUES AND CONCERNS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Douglas Executive Di | Officer | 19 | $69,633 |
Adam Schildmeier Pe Past Preside | Trustee | 0.5 | $0 |
Amber L Gartner Pe VP Region Ii | Trustee | 0.5 | $0 |
Carlos A Penin Pe President | OfficerTrustee | 0.5 | $0 |
Gregory S Stevens Pe VP Region Vi | Trustee | 0.5 | $0 |
Jamie M Graham Pe VP Region I | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $63,142 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,991 |
| Total Program Service Revenue | $1,163,946 |
| Investment income | $10,637 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,744 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $60,980 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,417,421 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $42,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,611 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $270,961 |
| Pension plan accruals and contributions | $14,792 |
| Other employee benefits | $0 |
| Payroll taxes | $24,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,000 |
| Fees for services: Accounting | $16,357 |
| Fees for services: Lobbying | $49,600 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,711 |
| Advertising and promotion | $9,036 |
| Office expenses | $89,648 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,622 |
| Travel | $37,601 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $379,547 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,706 |
| Insurance | $3,814 |
| All other expenses | $0 |
| Total functional expenses | $1,288,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $923,279 |
| Savings and temporary cash investments | $1,739,621 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $632 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $20,289 |
| Net Land, buildings, and equipment | $475,551 |
| Investments—publicly traded securities | $694,997 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $11,543 |
| Other assets | $4,450 |
| Total assets | $3,870,362 |
| Accounts payable and accrued expenses | $48,950 |
| Grants payable | $0 |
| Deferred revenue | $349,280 |
| 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 | $1,516,560 |
| Total liabilities | $1,914,790 |
| Net assets without donor restrictions | $1,821,809 |
| Net assets with donor restrictions | $133,763 |
| 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 | $3,870,362 |