Citrus Research And Education Foundation Inc is located in Lake Alfred, FL. The organization was established in 2002. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. Citrus Research And Education 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 12/2019, Citrus Research And Education Foundation Inc generated $171.1k 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 (23.6%) each year. All expenses for the organization totaled $413.2k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
DIRECT SUPPORT ORGANIZATION FOR THE UNIVERSITY OF FLORIDA. IT SUPPORTS CITRUS RESEARCH FOR THE UNIVERSITY'S COLLEGE OF AGRICULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED EXPERIMENTAL CITRUS GROVES
OPERATED TEST LABS AND PROVIDED OTHER DIRECT SUPPORT TO UNIVERSITY RESEARCH ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Michael Rogers Executive Di | Officer | $0 | |
Dr Nick Place Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $100 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $100 |
Total Program Service Revenue | $166,617 |
Investment income | $4,316 |
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 | $171,057 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $138,411 |
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 | $14,461 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,796 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $55 |
Office expenses | $965 |
Information technology | $50 |
Royalties | $0 |
Occupancy | $7,581 |
Travel | $574 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,815 |
Insurance | $0 |
All other expenses | $103,259 |
Total functional expenses | $413,238 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $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 | $0 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $0 |
Organization Name | Assets | Revenue |
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Justworld International Inc Wellington, FL | $628,475 | $1,109,531 |
International Consortium Of Universities For Drug Demand Reduc Tampa, FL | $418,987 | $733,299 |
Charter Educational Services & Resources Inc Alpharetta, GA | $435,219 | $822,828 |
Citrus Research And Education Foundation Inc Lake Alfred, FL | $0 | $171,057 |
American Association Of Hispanics In Higher Education Inc Fort Lauderdale, FL | $360,755 | $438,784 |
Foundation For The Art And Science Of Learning Pinson, AL | $105,318 | $381,578 |
Georgia Families For Public Virtual Education Inc Atlanta, GA | $45,267 | $0 |
Ps27 Empowerment Jacksonville, FL | $114,203 | $0 |
Coras Angels Ponte Vedra Beach, FL | $155,517 | $0 |
One Community United Inc Rome, GA | $78,030 | $0 |
Southwest Florida Research And Educ Ation Foundation Inc Immokalee, FL | $89,199 | $0 |