Florida State Parks Foundation Inc
- Assets
- $18.9m
- Revenue
- $1.5m
- Investments
- $18.3m
- Employees
- 7
- Location
- Tallahassee, FL
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 59-3207818
Organization Overview
Florida State Parks Foundation Inc is located in Tallahassee, FL. The organization was established in 1995. According to its NTEE Classification (N32) the organization is classified as: Parks & Playgrounds, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Florida State Parks Foundation Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida State Parks Foundation 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 12/2022, Florida State Parks Foundation Inc generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Florida State Parks Foundation Inc has awarded 46 individual grants totaling $1,436,841. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FLORIDA STATE PARKS FOUNDATION PRESERVES, PROTECTS, SUSTAINS AND GROWS FLORIDA STATE PARKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FINANCIAL SUPPORT FOR PARK PROJECTS THAT SUPPLEMENT STATE AND FRIENDS GROUP FUNDING. THE FOUNDATION ACTS AS A PARTNER IN THIS MANNER BY SEEKING AND SOLICITING SUPPORT FROM OUTSIDE FUNDERS FOR PARK SPECIFIC PROGRAMS AND PROJECTS AS WELL AS GRANTING FUNDS FOR PROGRAMS, PROJECTS AND EQUIPMENT.
THE GREENER INITIATIVE IS DESIGNED TO EXPAND ENVIRONMENTALLY FRIENDLY PRACTICES IN STATE PARKS, REDUCE PARKS' ENERGY-RELATED EXPENSES AND ENCOURAGE PARK VISITORS TO MAKE ENVIRONMENTALLY-CONSCIOUS DECISIONS IN THE PARKS AND AT HOME.
DISASTER RELIEF FUNDS PROVIDE AID TO DISASTER VICTIMES AND THOSE FACING EMERGENCY HARDSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Gustafson President | OfficerTrustee | 5 | $0 |
Kathleen Brennan President-Elect | OfficerTrustee | 1 | $0 |
Gil Ziffer Immediate Past President | OfficerTrustee | 2 | $0 |
Emily Lewis Secretary | OfficerTrustee | 1 | $0 |
Audrine Finnerty Treasurer | OfficerTrustee | 2 | $0 |
Derek Bruce Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $33,115 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,010,159 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,043,274 |
| Total Program Service Revenue | $0 |
| Investment income | $667,774 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$200,573 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,510,475 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $794,935 |
| 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. | $183,883 |
| Compensation of current officers, directors, key employees. | $32,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,628 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,977 |
| Payroll taxes | $23,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,562 |
| Fees for services: Accounting | $64,382 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,700 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,562 |
| Office expenses | $3,879 |
| Information technology | $33,068 |
| Royalties | $0 |
| Occupancy | $5,704 |
| Travel | $3,783 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,788 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,244 |
| All other expenses | $1,777 |
| Total functional expenses | $1,477,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $542,708 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $7,736 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $18,255,040 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $108,200 |
| Total assets | $18,913,684 |
| Accounts payable and accrued expenses | $41,402 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $30,239 |
| 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 | $71,641 |
| Net assets without donor restrictions | $18,196,817 |
| Net assets with donor restrictions | $645,226 |
| 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 | $18,913,684 |
Grants Awarded
Over the last fiscal year, Florida State Parks Foundation Inc has awarded $716,767 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA PARK SERVICE RANGER ASSOCIATION PURPOSE: RANGER DISASTER RELIEF | $50,000 |
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION PURPOSE: STAFF PROFESSIONAL TRAINING | $19,965 |
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION PURPOSE: ALL-TERRAIN POWERED WHEELCHAIRS | $41,000 |
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION PURPOSE: ENVIRONMENTAL EDUCATION SUPPLIES | $19,863 |
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION PURPOSE: WHEELCHAIR ACCESSIBLE TRAM | $21,040 |
FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION PURPOSE: MANATEE FOOD | $25,000 |