Florida Keys Educational Foundation Inc

Organization Overview

Florida Keys Educational Foundation Inc, operating under the name Cfk Foundation, is located in Key West, FL. The organization was established in 1966. 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. Cfk Foundation 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 03/2024, Cfk Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $681.8k during the year ending 03/2024. While expenses have increased by 4.8% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

FINANCIAL AND OTHER SUPPORT TO FURTHER THE MISSION AND GOALS OF THE COLLEGE OF THE FLORIDA KEYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FLORIDA KEYS EDUCATIONAL FOUNDATION ASSISTS IN THE ACHIEVEMENT OF THE CFK'S MISSION BY SOLICITING, ADMINISTERING, AND OPTIMIZING THROUGH MATCHING PROGRAMS THE PRIVATE GIFTS, BEQUESTS, AND DONATIONS TO SUPPORT CFK'S STUDENTS AND TO ENHANCE TEACHING AND LEARNING AT THE CFK.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica Losardo
Recording Secretary
$0
Rachel Oropeza
Recording Secretary
$0
Bruce Halle
Treasurer
$0
Robert Stoky
Chair
$0
Lisa Ferringo
Vice Chair
$0
Alan Beaubien
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$75,243
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,510,297
Noncash contributions included in lines 1a–1f $63,495
Total Revenue from Contributions, Gifts, Grants & Similar$1,585,540
Total Program Service Revenue$0
Investment income $212,147
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $11,714
Net Income from Fundraising Events $34,428
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,846,783

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