Florida Scholastic Press Association Inc
- Assets
- $139.1k
- Revenue
- $268.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Gainesville, FL
- Founding
- 07/1992
- Data as of
- 06/2022
- EIN
- 59-3106380
Organization Overview
Florida Scholastic Press Association Inc is located in Gainesville, FL. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Florida Scholastic Press Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Scholastic Press Association 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 06/2022, Florida Scholastic Press Association Inc generated $268.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $264.5k during the year ending 06/2022. While expenses have increased by 1.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND SUPPORT HIGH STANDARDS OF JOURNALISM IN FLORIDA'S MIDDLE AND HIGH SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A STATE CONVENTION WAS HELD IN APRIL 2021 TO PROVIDE TRAINING FOR STUDENT JOURNALISTS AND JOURNALISM TEACHERS AND TO RECOGNIZE STUDENT AND TEACHER ACCOMPLISHMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022 APPROXIMATELY 108 ADVISORS AND 1,008 STUDENTS ATTENDED.
THE ORGANIZATION PROVIDED CRITIQUE SERVICES FOR MEMBERS AND PROVIDED GUIDELINES ON HOW TO IMPROVE THEIR PUBLICATIONS. DURING THE FISCAL YEAR ENDING 6/30/2022, ABOUT 100 YEARBOOKS AND 28 OTHER STUDENT PUBLICATIONS AND ONLINE BROADCASTS WERE CRITIQUED. 531 INDIVIDUAL CONTESTS IN FALL 2021, 2,605 CONTESTS IN SPRING 2022 AND 478 CONTESTS AT THE ANNUAL CONVENTION WERE ALSO CRITIQUED.
DISTRICT DIRECTORS CONDUCTED WORKSHOPS TO PROVIDE JOURNALISM INSTRUCTION FOR STUDENTS AND ADVISORS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022 WORKHOPS WERE HELD IN 5 DISTRICTS. APPROXIMATELY 119 ADVISORS AND 1,274 STUDENTS ATTENDED.
THE ORGANIZATION AWARDS SCHOLARSHIPS TO STUDENT JOURNALISTS AND ADVISORS TO ENCOURAGE EDUCATION IN JOURNALISM. THE ORGANIZATION HAS AN ENDOWMENT FUND WHOSE REVENUES ARE USED TO HELP FUND THE SCHOLARSHIPS. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, 17 CASH SCHOLARSHIPS TOTALING 5,200 AND 2 CONVENTION REGISTRATIONS WERE AWARDED TO INDIVIDUALS, 1 GRANT OF 500 WAS MADE TO A SCHOOL, AND THE ORGANIZATION CONTRIBUTED NOTHING TO ITS ENDOWMENT FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Joanie Webster President | Officer | 3 | $0 |
Michael Bjorklund Vice Preside | Officer | 3 | $0 |
Adam Livesay Executive Di | Officer | 20 | $0 |
Britton Taylor Past Preside | Officer | 3 | $0 |
Kenneth Killam District 1 D | Trustee | 3 | $0 |
Denise Honey District 2 D | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,812 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $63,630 |
| Noncash contributions included in lines 1a–1f | $37,638 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,442 |
| Total Program Service Revenue | $195,296 |
| Investment income | $17 |
| 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 | $268,755 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $5,200 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $23,490 |
| Compensation of current officers, directors, key employees. | $4,698 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,197 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $223 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,000 |
| Advertising and promotion | $0 |
| Office expenses | $15,657 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,148 |
| Travel | $1,199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $168,739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $76 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $264,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,190 |
| Savings and temporary cash investments | $80,916 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $139,106 |
| Accounts payable and accrued expenses | $343 |
| 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 | $343 |
| Net assets without donor restrictions | $138,763 |
| 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 | $139,106 |
Endowment Analysis
| Beg. Balance | $72,711 |
| Earnings | -$10,388 |
| Ending Balance | $62,323 |
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