Floatarama Inc

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

EIN: 873441222 ✦ Fort lauderdale, FL ✦ Designated as a 501(c)(3)

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Overview

What is Floatarama Inc?

Floatarama Inc is a nonprofit organization that focuses on advocating for and supporting at-risk LGBTQ youth. Their main approach is through the FLoatarama Flotilla and related activities, aiming to increase awareness and collect funds for this cause. As evidence of their commitment, Floatarama Inc donated a substantial sum of $50,000 to the Floatarama LGBTQ Youth Fund, managed by The Our Fund Foundation. The organization's efforts extend beyond just financial support, as they strive to create a supportive environment for the LGBTQ community's youth.


Official website here: www.floatarama.org

Is Floatarama Inc legitimate?

Floatarama Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floatarama Inc submitted a form 990EZ, 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.


Official website here: www.floatarama.org

What is the mission statement of Floatarama Inc?

Floatarama Inc, as per its primary exempt purpose, focuses on raising awareness and garnering funds to support at-risk LGBTQ youth. This is achieved through the organization's annual FLoatarama Flotilla and related activities. One of the ways Floatarama Inc fulfills this mission is by donating funds, such as the $50,000 contribution to the Floatarama LGBTQ Youth Fund managed by The Our Fund Foundation. The organization's activities aim to provide essential support and resources for this vulnerable population.


Official website here: www.floatarama.org

Who is the CEO of Floatarama Inc?

Scott Schramm is the President of Floatarama Inc.


Official website here: www.floatarama.org

What is the revenue of Floatarama Inc?

Floatarama Inc's revenue in 2022 was $111,528.


Official website here: www.floatarama.org

Who are the executives of Floatarama Inc and what are their salaries?


Here are 3 key members and their salaries:


Scott Schramm (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roderick Mackenzie (Vice President And Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kennie Turner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.floatarama.org

Where can I find the form 990EZ for Floatarama Inc?

Floatarama Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.floatarama.org

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

Mission Statement of Floatarama Inc

Floatarama Inc, a nonprofit organization, is dedicated to raising awareness and generating funds for the well-being of at-risk LGBTQ youth. Their primary mission is achieved through the FLoatarama Flotilla and related activities. To further support this cause, Floatarama donated a substantial sum of $50,000 to the Floatarama LGBTQ Youth Fund, which is managed by The Our Fund Foundation. This fund serves as a testament to Floatarama's commitment to providing resources and opportunities for the marginalized LGBTQ youth community. By engaging in these activities and financial contributions, Floatarama Inc aims to make a significant impact in promoting the welfare and empowerment of these at-risk youth.

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Impact




October, 2024

Floatarama Inc plays a significant role in supporting at-risk LGBTQ youth by raising awareness and funds through the Floatarama Flotilla and related activities. Their initiatives have successfully directed substantial financial resources towards vital programs, exemplified by a generous donation of $50,000 to the Floatarama LGBTQ Youth Fund, which is managed by The Our Fund Foundation. This funding directly contributes to enhancing the well-being and opportunities for these young individuals in Fort Lauderdale, Florida. By fostering community engagement and highlighting the unique challenges faced by LGBTQ youth, Floatarama Inc not only provides essential financial support but also cultivates a more inclusive environment that promotes understanding and acceptance.




This information is meant to be a general summary of Floatarama 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
$111,528 (2022)
Expenses
$89,944 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $111,528

Assets and Liabilities:

  • Total Assets: $21,584
  • Total Liabilities: $0
  • Net Assets: $21,584

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Organization Details

Principal Officer

Scott Schramm

Main Address

2624 NE 34th Street, Fort Lauderdale, FL, 33306

NTEE Category

Code: T11 - Philanthropy

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