Florida Education Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 592718509 ✦ Tallahassee, FL ✦ Designated as a 501(c)(3)

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Overview

What is Florida Education Foundation Inc?

Florida Education Foundation Inc, based in Tallahassee, Florida, is a dedicated nonprofit organization that supports public education from pre-kindergarten to 12th grade. With a focus on Florida's future workforce, the foundation invests in high achievement for all students. They receive funds, manage investments, and make expenditures to benefit this educational sector. A significant initiative, the Florida Civics and Debate Initiative (FCDI), aims to enhance civic literacy skills in middle and high school students through programs like speech and debate, made possible by a generous grant from the Bernie Marcus Foundation. This three-year initiative aims to incorporate civics programs in every Florida school district.


Official website here: www.floridaeducationfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

Florida Education Foundation Inc has received a strong rating of 95% from Charity Navigator, indicating a high level of accountability and financial health. The organization boasts an impressive score of 100% for having an entirely independent board, which is crucial for unbiased decision-making. Additionally, their financial oversight mechanisms are solid, with no noted material diversion of assets and a favorable liabilities to assets ratio.

Strengths include an excellent program expense ratio of 85.17%, demonstrating that a significant portion of their budget is directed towards their programs rather than administrative costs. However, the organization has been noted to lack a whistleblower policy, which could be a potential area for improvement in fostering transparency and protection for staff reporting any concerns.

Overall, Florida Education Foundation Inc shows a commitment to maintaining high standards of governance and operational efficiency, although addressing the absence of a whistleblower policy could enhance their accountability framework further.


This AI summary has been generated from information found on Charity Navigator.

Is Florida Education Foundation Inc legitimate?

Florida Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Education Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.floridaeducationfoundation.org

What is the mission statement of Florida Education Foundation Inc?

The Florida Education Foundation Inc, serving as a partner in public education and a direct support organization for the Florida Department of Education, invests in the pursuit of high achievement for every student. This organization contributes to Florida's globally competitive workforce by receiving, holding, investing, and administering resources for the benefit of pre-kindergarten to 12th grade education within the state. The mission of Florida Education Foundation Inc is to support public education, aiming to enhance the educational opportunities and outcomes for students across Florida.


Official website here: www.floridaeducationfoundation.org

Who is the CEO of Florida Education Foundation Inc?

Lindsey Zander is the Chair of Florida Education Foundation Inc.


Official website here: www.floridaeducationfoundation.org

What is the revenue of Florida Education Foundation Inc?

Florida Education Foundation Inc's revenue in 2022 was $2,752,665.


Official website here: www.floridaeducationfoundation.org

Who are the executives of Florida Education Foundation Inc and what are their salaries?

There 15 volunteers at Florida Education Foundation Inc.


Here are 16 key members and their salaries:


Charles Hokanson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Velma Monteiro-Tribble (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Matthews (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raquel Egusquiza (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Brise (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Chartrand (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Crawford-Whitaker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dorworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Gaetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Merlino (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tara Tedrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Wilt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Chance (Ex-Officio Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Painter (Ex-Officio Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Piccolo (Executive Director)
  • Compensation: $0
  • Related: $79,181
  • Other: $9,005


Official website here: www.floridaeducationfoundation.org

Where can I find the form 990 for Florida Education Foundation Inc?

Florida Education Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.floridaeducationfoundation.org

Learn more at the official website: www.floridaeducationfoundation.org

Mission Statement of Florida Education Foundation Inc

Florida Education Foundation Inc, as a key partner in public education and a direct support organization for the Florida Department of Education, has a mission to invest in high achievement for every student. This nonprofit organization plays a vital role in contributing to Florida's globally competitive workforce by receiving, holding, investing, and administering property, and making expenditures for the benefit of public pre-kindergarten through 12th grade education in Florida. By doing so, Florida Education Foundation Inc aims to support public education and enhance the learning experience for students across the state, ultimately fostering their growth and development into future contributors to society.

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Impact




July, 2024

Florida Education Foundation Inc's impact is significant in supporting public pre-kindergarten through 12th-grade education in Florida. One key initiative, the Florida Civics and Debate Initiative (FCDI), funded by a substantial grant from the Bernie Marcus Foundation, aims to enhance civic literacy skills among middle and high school students. The FCDI implements programs like speech and debate to prepare students for active civic participation. Through its partnerships and investments, the Foundation plays a crucial role in fostering high achievement for every student, ultimately contributing to Florida's globally competitive workforce.




This information is meant to be a general summary of Florida Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,752,665 (2022)
Expenses
$2,357,369 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $307,215
  • Program Service Revenue: $586,482
  • Gross Receipts: $4,812,113

Assets and Liabilities:

  • Total Assets: $7,578,427
  • Total Liabilities: $1,804,652
  • Net Assets: $5,773,775

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REGISTRATION FEES

Revenue

$462,119

ADMINISTRATIVE FEES

Revenue

$124,363

Organization Details

Founding Year

1985

Principal Officer

Lindsey Zander

Main Address

325 W GAINES ST 1524, TALLAHASSEE, FL, 32399

NTEE Category

Code: B90 - Education

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