Florida Endowment Foundation For Floridas Graduates Inc
- Assets
- $149.0k
- Revenue
- $657.9k
- Investments
- $0.0
- Employees
- 11
- Location
- Flagler Beach, FL
- Founding
- 04/2000
- Data as of
- 06/2023
- EIN
- 59-3580979
Organization Overview
Florida Endowment Foundation For Floridas Graduates Inc is located in Flagler Beach, FL. The organization was established in 2000. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2023, Florida Endowment Foundation For Floridas Graduates Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Endowment Foundation For Floridas Graduates 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 06/2023, Florida Endowment Foundation For Floridas Graduates Inc generated $657.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $1.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUED ON PROVIDING EDUCATION, WORKFORCE DEVELOPMENT, AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S GRADUATES INC WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUSED ON PROVIDING EDUACATION, WORKFORCE DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS. THE FOUNDATION IS CURRENTLY MADE UP OF THREE PROGRAMS THAT OPERATE BOTH INDEPENDENTLY AND COOPERATIVELY, DEPENDING ON THE NEEDS OF THE EXTERNAL PARTNERS CARRYING OUT THE FOUNDATION'S MISSION. JOBS FOR FLORIDA'S GRADUATES (JFG) IS THE MAIN PROGRAM OF THE FOUNDATION. JFG IS A COMPETENCY BASED WORK AND LIFE SKILLS PROGRAM FOR FLORIDA STUDENTS THAT IS DELVIERED BY LICENSED EDUCATORS FOR MIDDLE SCHOOLS, HIGH SCHOOLS, COMMUNITY COLLEGES, JUVENILE JUSTICE FACILITIES AND COMMUNITY BASED ORGANIZATIONS. THIS PROGRAM IS AFFILIATED WITH THE NATIONAL JOBS FOR AMERICA'S GRADUATES, WHICH OPERATES IN 28 STATES. GIRLS GET IT (GGIT) WAS CREATED TO DEVELOP A STATEWIDE NETWORK THAT OFFERS YOUNG WOMEN OPPORTUNITIES TO CONNECT AND EXPLORE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND INFORMATION TECHNOLOGY LEADING TO REWARDING CAREERS. GGIT WAS CREATED BY THE FLORIDA DISTANCE LEARNING CONSORTIUM AND CISCO SYSTEMS, INC. IN 2005. GGIT WORKS WITH MIDDLE AND HIGH SCHOOLS TO INCREASE FEMALE STUDENT PARTICIPATION AND GRADUATION RATES IN STEM AND ITS COURSEWORK, PROVIDE STEM AND IT CAREER EXPLORATION OPPORTUNITIES, AND ULTIMATELY INCREASE THE NUMBER OF WOMEN EMPLOYED IN THE STEM AND IT FIELDS ACROSS THE STATE OF FLORIDA. VICTORY OVER INSTABILITY BY CHOOSING EDUCATION (VOICE) IS A MULTI-MEDIA YOUTH CENTER CONCEPT DESIGNED TO GIVE YOUNG PEOPLE REAL WORLD, WORK BASED LEARNING OPPORTUNITIES IN JOURNALISM, POETRY, SONG WRITING, COMPOSING, GRAPHIC DESIGN, AND PUBLISHING.
THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S GRADUATES INC WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUSED ON PROVIDING EDUACATION, WORKFORCE DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS. THE FOUNDATION IS CURRENTLY MADE UP OF THREE PROGRAMS THAT OPERATE BOTH INDEPENDENTLY AND COOPERATIVELY, DEPENDING ON THE NEEDS OF THE EXTERNAL PARTNERS CARRYING OUT THE FOUNDATION'S MISSION. JOBS FOR FLORIDA'S GRADUATES (JFG) IS THE MAIN PROGRAM OF THE FOUNDATION. JFG IS A COMPETENCY BASED WORK AND LIFE SKILLS PROGRAM FOR FLORIDA STUDENTS THAT IS DELVIERED BY LICENSED EDUCATORS FOR MIDDLE SCHOOLS, HIGH SCHOOLS, COMMUNITY COLLEGES, JUVENILE JUSTICE FACILITIES AND COMMUNITY BASED ORGANIZATIONS. THIS PROGRAM IS AFFILIATED WITH THE NATIONAL JOBS FOR AMERICA'S GRADUATES, WHICH OPERATES IN 28 STATES. GIRLS GET IT (GGIT) WAS CREATED TO DEVELOP A STATEWIDE NETWORK THAT OFFERS YOUNG WOMEN OPPORTUNITIES TO CONNECT AND EXPLORE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND INFORMATION TECHNOLOGY LEADING TO REWARDING CAREERS. GGIT WAS CREATED BY THE FLORIDA DISTANCE LEARNING CONSORTIUM AND CISCO SYSTEMS, INC. IN 2005. GGIT WORKS WITH MIDDLE AND HIGH SCHOOLS TO INCREASE FEMALE STUDENT PARTICIPATION AND GRADUATION RATES IN STEM AND ITS COURSEWORK, PROVIDE STEM AND IT CAREER EXPLORATION OPPORTUNITIES, AND ULTIMATELY INCREASE THE NUMBER OF WOMEN EMPLOYED IN THE STEM AND IT FIELDS ACROSS THE STATE OF FLORIDA. VICTORY OVER INSTABILITY BY CHOOSING EDUCATION (VOICE) IS A MULTI-MEDIA YOUTH CENTER CONCEPT DESIGNED TO GIVE YOUNG PEOPLE REAL WORLD, WORK BASED LEARNING OPPORTUNITIES IN JOURNALISM, POETRY, SONG WRITING, COMPOSING, GRAPHIC DESIGN, AND PUBLISHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather M Beaven CEO | OfficerTrustee | $0 | |
Miguel Brito Director | Trustee | $0 | |
Keri Moore Director | Trustee | $0 | |
Danielle Scoggins Director | Trustee | $0 | |
Paul Seago Director | Trustee | $0 | |
Morgan Gibbons Watson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $593,186 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,705 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $657,891 |
| Total Program Service Revenue | $0 |
| Investment income | $42 |
| 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 | $657,933 |
| 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 | $518,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,528 |
| Payroll taxes | $44,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $154,100 |
| Fees for services: Accounting | $6,003 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,475 |
| Advertising and promotion | $1,971 |
| Office expenses | $2,776 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $26,228 |
| Travel | $34,140 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,564 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $13,142 |
| All other expenses | $0 |
| Total functional expenses | $1,253,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,858 |
| Savings and temporary cash investments | $84,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,911 |
| 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 | $30,183 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,012 |
| Accounts payable and accrued expenses | $124,604 |
| 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 | $161,014 |
| Total liabilities | $285,618 |
| Net assets without donor restrictions | -$136,606 |
| 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 | $149,012 |