Floyd Family Foundation Inc
- Assets
- $236.7k
- Revenue
- $250.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-3434144
Organization Overview
Floyd Family Foundation Inc is located in Orlando, FL. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floyd Family 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 12/2023, Floyd Family Foundation Inc generated $250.0k in total revenue. All expenses for the organization totaled $16.4k during the year ending 12/2023. While expenses have increased by 43.3% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION MAKES BENEVOLENT ASSISTANCE DISTRIBUTIONS TO INDIGENT INDIVIDUALS AND OTHER QUALIFYING NONPROFIT ORGANIZATIONS.
THE MANAGEMENT AND ADMINISTRATIVE COSTS INCURRED TO OPERATE THE FOUNDATION, DIRECTLY SUPPORT, AND ARE NECESSARY TO CARRY OUT THE CHARITABLE PROGRAMS AND ACTIVITIES CONDUCTED BY THE FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Veronica V Floyd President | 3 | $0 | |
Vincent M Floyd Treasurer | 3 | $0 | |
Vianne J Floyd Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $250,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,630 |
| Total operating and administrative expenses | $5,430 |
| Contributions, gifts, grants paid | $11,000 |
| Total expenses and disbursements | $16,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,661 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $236,661 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Floyd Family Foundation Inc has awarded $11,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MIDNIGHT GOLF PROGRAM PURPOSE: PROGRAM SUPPORT. | $3,500 |
UNITED FOUNDATION OF CENTRAL FLORID PURPOSE: PROGRAM SUPPORT. | $2,500 |
VOLUNTEER ALEXANDRIA PURPOSE: PROGRAM SUPPORT. | $1,500 |
BIG BROTHERS BIG SISTERS WASHINGTON PURPOSE: PROGRAM SUPPORT. | $2,500 |
BENEVOLENT GIVING UNDER REPORTING T PURPOSE: BENEVOLENT GIVING UNDER REPORTING THRESHOLD. | $1,000 |