Florida Government Finance Officers Association Inc
- Assets
- $720.4k
- Revenue
- $461.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 11/2003
- Data as of
- 06/2021
- EIN
- 59-2343053
Organization Overview
Florida Government Finance Officers Association Inc is located in Tallahassee, FL. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is a parent organization of an affiliated group for tax-exemption purposes. Florida Government Finance Officers Association 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 06/2021, Florida Government Finance Officers Association Inc generated $461.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $225.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION, NETWORKING, LEADERSHIP AND INFORMATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANNUAL CONFERENCE WAS HELD VIRTUALLY THIS YEAR. THE CONFERENCE BROUGHT TOGETHER MEMBERS AND OTHER PUBLIC FINANCE PROFESSIONALS TO IMPROVE AND DEVELOP TECHNICAL AND MANAGERIAL SKILLS. EDUCATIONAL WORKSHOPS WERE HELD ON THE MOST CURRENT GOVERNMENTAL FINANCE TOPICS. MEMBERS HAD THE OPPORTUNITY TO EARN CONTINUING EDUCATION HOURS FOR THEIR CERTIFIED PUBLIC ACCOUNTANT LICENSES AND OTHER CERTIFICATIONS. THE VIRTUAL CONFERENCE HAD 960 PARTICIPANTS.
THE SCHOOL OF GOVERNMENTAL FINANCE WAS HELD VIRTUALLY THIS YEAR. THE SCHOOL ITSELF OFFERED EDUCATIONAL SESSIONS THAT WERE BROKEN INTO TWO SEGMENTS - BASIC/INTERMEDIATE SESSIONS AND INTERMEDIATE/ADVANCED SESSIONS. A PARTICIPANT COULD REGISTER FOR EITHER OR BOTH SESSIONS. THE BASIC/INTERMEDIATE COURSES WERE TAILORED FOR ALL FINANCIAL SUPPORT STAFF AND FOR THE STAFF PERSON JUST BEGINNING A CAREER IN GOVERNMENTAL FINANCE. THESE PARTICIPANTS WERE EXPOSED TO AN IN-DEPTH STUDY AND ANALYSIS OF BASIC GOVERNMENTAL FINANCE CONCEPTS AND PRINCIPLES. THE INTERMEDIATE/ADVANCED COURSES WERE TAILORED FOR SEASONED FINANCE PROFESSIONALS LOOKING FOR CURRENT INFORMATION ON COMPLEX ISSUES OF THE DAY. HELD IN CONJUNCTION WITH THE SCHOOL, IS THE CERTIFIED GOVERNMENT FINANCE OFFICER (CGFO) REVIEW COURSE AND TESTING. THE BEGINNER BOOT CAMP WAS ALSO HELD DURING THE SCHOOL. THE BEGINNER COURSE IS AN INTENSE HANDS-ON, WORKSHOP THAT WILL INTRODUCE THE VERY BASICS OF ACCOUNTING AND FINANCIAL REPORTING FOR STATE AND LOCAL GOVERNMENTS. CONTINUING PROFESSIONAL EDUCATION CREDIT FOR CPAS AND CGFOS WAS ALSO AVAILABLE FOR ATTENDEES OF THE SCHOOL OR ANY OF THE EDUCATIONAL EVENTS DURING THE SCHOOL. IN ADDITION TO THE VARIETY OF EDUCATIONAL TOPICS COVERED, THE SCHOOL PROVIDED SEVERAL NETWORKING OPPORTUNITIES. A TOTAL OF 348 REGISTRANTS PARTICIPATED IN THE VIRTUAL SCHOOL.
THE CERTIFIED GOVERNMENT FINANCE OFFICER (CGFO) PROGRAM IS DESIGNED TO ENCOURAGE A LEVEL OF KNOWLEDGE AND PROFESSIONALISM IN THE FIELD OF GOVERNMENT FINANCE. THE PROGRAM IS ALSO INTENDED TO ENCOURAGE DEVELOPMENT AND MAINTENANCE OF PROFESSIONAL COMPETENCE FOR PRACTICING GOVERNMENTAL FINANCE OFFICERS. FOR PURPOSES OF THE CGFO PROGRAM, A FINANCE OFFICER IS ANY INDIVIDUAL OCCUPYING A PROFESSIONAL LEVEL POSITION THAT INCLUDES OVERSIGHT AND/OR SUPERVISION OF ONE OR MORE FINANCIAL FUNCTIONS IN A GOVERNMENT ENTITY.A REVIEW COURSE FOR THE CGFO EXAMINATION AND THE EXAM WAS HELD IN THE FALL AND SPRING. 106 REGISTRANTS PARTICIPATED IN THE REVIEW COURSE AND 112 INDIVIDUALS COMPLETED THE EXAM. 13 INDIVIDUALS SUCCESSFULLY PASSED THE EXAM AND EARNED THEIR CGFO CERTIFICATION.
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 |
|---|---|---|---|
Jamie Roberson Cgfo President | Officer | 4 | $0 |
Shannon Ramsey-Chessman CPA Cgfo President - Elect | Officer | 4 | $0 |
Jonathan C Mckinney Cgfo Secretary-Treasurer | Officer | 4 | $0 |
Ken Burke CPA Immediate Past President | Officer | 4 | $0 |
Bryan E Cahen Mpa Director | Trustee | 2.38 | $0 |
Melissa Burns Director | Trustee | 2.38 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $141,050 |
| 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 | $141,050 |
| Total Program Service Revenue | $318,680 |
| Investment income | $1,502 |
| 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 | $461,232 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $125,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $158 |
| Information technology | $2,292 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,700 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $64,416 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $127 |
| Insurance | $3,957 |
| All other expenses | $0 |
| Total functional expenses | $225,225 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $462,242 |
| Savings and temporary cash investments | $211,743 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $552 |
| 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 | $37,927 |
| Net Land, buildings, and equipment | $191 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,750 |
| Total assets | $720,405 |
| Accounts payable and accrued expenses | $78,053 |
| Grants payable | $0 |
| Deferred revenue | $550 |
| 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 | $78,603 |
| Net assets without donor restrictions | $641,802 |
| 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 | $720,405 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Icamr Inc Neocity, FL | $16,807,579 | $18,482,877 |
Nassau-Paradise Island Promotion Board Ltd Plantation, FL | $7,848,897 | $14,831,769 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Osceola Convention And Visitors Bureau Inc Kissimmee, FL | $12,721,814 | $18,220,107 |