Association Of Florida Colleges Inc
- Assets
- $531.4k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Tallahassee, FL
- Founding
- 01/1975
- Data as of
- 06/2022
- EIN
- 59-1423380
Organization Overview
Association Of Florida Colleges Inc is located in Tallahassee, FL. The organization was established in 1975. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Association Of Florida Colleges Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Florida Colleges 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, Association Of Florida Colleges Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $864.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.9%) 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 SUPPORT FLORIDA'S COLLEGES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES WORKSHOPS AND SEMINARS TO ASSOCIATION MEMBERS AND PROVIDE EDUCATIONAL OPPORTUNITIES TO COLLEGES AND THEIR EMPLOYEES.
SUPPORT TO FLORIDA COLLEGES AND ITS MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray Coulter Past President | OfficerTrustee | 2 | $0 |
Melonie Miner Vice President | OfficerTrustee | 2 | $0 |
Sharon Walker Vice President - Elect | OfficerTrustee | 2 | $0 |
Gregory Williams President-Elect | OfficerTrustee | 2 | $0 |
Mark Ross Vice President | OfficerTrustee | 2 | $0 |
Matt Wetzel Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $827,262 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $827,262 |
| Total Program Service Revenue | $209,071 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,036,333 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $258,551 |
| Pension plan accruals and contributions | $9,975 |
| Other employee benefits | $50,587 |
| Payroll taxes | $17,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,264 |
| Fees for services: Lobbying | $90,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $19 |
| Office expenses | $39,778 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,051 |
| Travel | $2,704 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $46,740 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,510 |
| Insurance | $8,397 |
| All other expenses | $88,153 |
| Total functional expenses | $864,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,404 |
| Savings and temporary cash investments | $286,676 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $197,824 |
| 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 | $0 |
| Net Land, buildings, and equipment | $20,529 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $531,433 |
| Accounts payable and accrued expenses | $17,974 |
| 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 | $74,882 |
| Total liabilities | $92,856 |
| Net assets without donor restrictions | $438,577 |
| Net assets with donor restrictions | $0 |
| 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 | $531,433 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Colleges & Universities Benefits Association Inc Orlando, FL | $55,882,543 | $98,817,940 |
Early Learning Coalition Of Indian River Martin & Okeechobee Counties Stuart, FL | $1,642,203 | $20,708,038 |
Early Learning Coalition Of Marion County Inc Ocala, FL | $2,959,241 | $19,272,035 |
Eastern States Veterinary Association Inc Orlando, FL | $24,266,314 | $20,705,177 |
Alabama Education Association Inc Montgomery, AL | $11,369,391 | $16,688,773 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Downtown Miami Charter School Inc Miami, FL | $1,756,433 | $6,102,697 |
Florida Education Association Orlando, FL | $1,972,513 | $5,719,056 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |