Florida Foundation For Future Scientists University Of Florida
- Assets
- $322.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Goldenrod, FL
- Founding
- 10/1959
- Data as of
- 12/2021
- EIN
- 59-6155014
Organization Overview
Florida Foundation For Future Scientists University Of Florida is located in Goldenrod, FL. The organization was established in 1959. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Foundation For Future Scientists University Of Florida 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 12/2021, Florida Foundation For Future Scientists University Of Florida generated $71.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ANNUALLY, MORE THAN 250,000 KINDERGARTENS THROUGH TWELFTH GRADE STUDENTS STATEWIDE PARTICIPATE IN SCIENCE FAIR EVENTS LEADING TO REGIONAL SCIENCE AND ENGINEERING FAIR (RSEF) PARTICIPATION. EVENTS USUALLY ARE HELD IN JANUARY. FOR 2020 THE EVENTS WERE NOT HELD BE WILL CONTINUE IN 2021. THERE ARE 37 GEOGRAPHICALLY DELIMITED REGIONS INCORPORATING 67 FLORIDA COUNTIES. MORE THAN 20,000 STUDENTS FROM KINDERGARTEN THROUGH TWELFTH GRADE EXHIBIT AT RSEF USUALLY MEET DURING FEBRUARY AND MARCH.FOR 2020 THE EVENTS WERE NOT HELD BUT THE EVENTS WILL BE CONTINUED IN 2021.USUALLY IN MAY OF EACH YEAR, FLORIDA NINTH THROUGH TWELFTH GRADE STUDENTS COMPLETE ACROSS THE NATION AND AROUND THE WORLD. ADULTS ALSO ATTEND AS REGIONAL FAIR DIRECTORS, JUDGES AND PARENTS. THERE IS A REPRESENTATIVEFROM FLORIDA ON THE ADVISORY COUNCIL FOR THE INTERNATIONAL SCIENCE AND ENGINEERING FAIR AND THE EXECUTIVE DIRECTOR IS A MEMBER OF THE BEST PRACTICES COMMITTEE FOR ISEF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Vernetson Treasurer | 1 | $0 | |
Bill Herschleb Chairman | 1 | $0 | |
Claudia Rowe Member | 1 | $0 | |
Craig Gates Member | 1 | $0 | |
Charlotte Emerson Member | 1 | $0 | |
Danny Thomas Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,727 |
| Total Program Service Revenue | $56,715 |
| Membership dues | $0 |
| Investment income | $1,885 |
| Gain or Loss | $5,006 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,333 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $84 |
| Printing, publications, postage, and shipping | $1,625 |
| Other expenses | $30,147 |
| Total expenses | $46,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,622 |
| Other assets | $0 |
| Total assets | $322,662 |
| Total liabilities | $11,502 |
| Net assets or fund balances | $311,160 |
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