Civic Intelligence

Volunteer Florida Foundation Inc.

990 • Fiscal year 2020 • EIN 01-0973168

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 04, 2021

1545 Raymond Diehl Road Suite 250Tallahassee, FL 32308

(850) 414-7400

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

40th percentile

0.13x

Higher debt load relative to assets than 40% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

92nd percentile

3.83x

Higher debt load relative to revenue than 92% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

1st percentile

-1930%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

43rd percentile

$154,487

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 39.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

1st percentile

-38%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$11,217,388

Down $6,863,286 (-38%) from 2019

Net Assets

Down

$9,732,078

Down $8,195,599 (-46%) from 2019

Liabilities

Up

$1,485,310

Up $1,332,313 (+871%) from 2019

Revenue

Down

$387,872

Down $6,866,114 (-95%) from 2019

Expenses

Up

$7,874,329

Up $3,240,989 (+70%) from 2019

Net Income

Down

-$7,486,457

Down $10,107,103 (-386%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $2,867Net Assets 2011: $2,8672011Assets 2012: $5,495Net Assets 2012: $5,4952012Assets 2013: $364,516Liabilities 2013: $0Net Assets 2013: $364,5162013Assets 2014: $767,420Liabilities 2014: $32,551Net Assets 2014: $734,8692014Assets 2015: $625,623Liabilities 2015: $50,708Net Assets 2015: $574,9152015Assets 2016: $485,137Liabilities 2016: $26,474Net Assets 2016: $458,6632016Assets 2017: $657,552Liabilities 2017: $10,942Net Assets 2017: $646,6102017Assets 2018: $15,315,321Liabilities 2018: $8,290Net Assets 2018: $15,307,0312018Assets 2019: $18,080,674Liabilities 2019: $152,997Net Assets 2019: $17,927,6772019Assets 2020: $11,217,388Liabilities 2020: $1,485,310Net Assets 2020: $9,732,0782020Assets 2021: $3,555,557Liabilities 2021: $1,569,413Net Assets 2021: $1,986,1442021Assets 2022: $1,698,968Liabilities 2022: $188,685Net Assets 2022: $1,510,2832022Assets 2023: $35,780,764Liabilities 2023: $245,588Net Assets 2023: $35,535,1762023Assets 2024: $1,651,482Liabilities 2024: $239,126Net Assets 2024: $1,412,3562024Assets 2025: $15,831,710Liabilities 2025: $302,109Net Assets 2025: $15,529,6012025

Highlighted filing

2020

Assets$11,217,388
Liabilities$1,485,310
Net Assets$9,732,078

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $2,8672011Revenue 2012: $2,995Expenses 2012: $367Net Income 2012: $2,6282012Revenue 2013: $364,500Expenses 2013: $5,479Net Income 2013: $359,0212013Revenue 2014: $694,531Expenses 2014: $284,604Net Income 2014: $409,9272014Revenue 2015: $387,274Expenses 2015: $547,228Net Income 2015: -$159,9542015Revenue 2016: $314,930Expenses 2016: $431,182Net Income 2016: -$116,2522016Revenue 2017: $538,857Expenses 2017: $350,910Net Income 2017: $187,9472017Revenue 2018: $17,121,767Expenses 2018: $2,461,346Net Income 2018: $14,660,4212018Revenue 2019: $7,253,986Expenses 2019: $4,633,340Net Income 2019: $2,620,6462019Revenue 2020: $387,872Expenses 2020: $7,874,329Net Income 2020: -$7,486,4572020Revenue 2021: $776,377Expenses 2021: $8,522,311Net Income 2021: -$7,745,9342021Revenue 2022: $553,766Expenses 2022: $1,023,566Net Income 2022: -$469,8002022Revenue 2023: $64,415,008Expenses 2023: $30,390,114Net Income 2023: $34,024,8942023Revenue 2024: $5,609,830Expenses 2024: $39,732,650Net Income 2024: -$34,122,8202024Revenue 2025: $24,948,027Expenses 2025: $10,830,783Net Income 2025: $14,117,2442025

Highlighted filing

2020

Revenue$387,872
Expenses$7,874,329
Net Income-$7,486,457
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 4, 2021
Return Version
2019v5.0
Gross Receipts
$387,872
Mission and Program Overview

Mission

Direct support organization of the florida commission on community service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,951,970$11,204,773▼ $6,747,197
Inventories for Sale or Use$95,353$12,615▼ $82,738
Total Assets$18,080,674$11,217,388▼ $6,863,286
Other Assets Total$33,351--
Liabilities
Accounts Payable and Accrued Expenses$152,997$1,373,353▲ $1,220,356
Escrow Account Liability-$111,957-
Total Liabilities$152,997$1,485,310▲ $1,332,313
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,670,249$9,527,026▼ $8,143,223
Net Assets Without Donor Restrictions$257,428$205,052▼ $52,376
Total Net Assets Fund Balance$17,927,677$9,732,078▼ $8,195,599
Total Liabilities and Net Assets / Fund Balance$18,080,674$11,217,388▼ $6,863,286
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$231,861
Program Service Revenue
$0
Investment Income
$156,011
Other Revenue
$0
All Other Contributions
$231,861
Change in Net Assets
$-7,486,457

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,233,804
Revenue Not Reported on Financial Statements
$-5,845,932
Other Revenue Adjustments
$-5,845,932
Total Revenue per Audited Statements
$6,233,804
Total Revenue per Form 990
$387,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,566,117
Other Expenses$177,559
Salaries, Compensation, and Employee Benefits$130,653
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,557,117--$7,557,117
Other Salaries and Wages$56,386$28,189-$84,575
Other Employee Benefits$18,308$9,153-$27,461
Fees for Services Other$13,620$10,312-$23,932
Conferences and Meetings$19,771--$19,771
Office Expenses$8,262$4,130-$12,392
Information Technology$8,058$4,028-$12,086
Current Officers, Directors, Trustees, and Key Employees$7,554$3,777-$11,331
Travel$7,365$3,627-$10,992
Fees for Services Accounting-$9,000-$9,000
Grants to Domestic Individuals$9,000--$9,000
Occupancy$4,936$2,468-$7,404
Payroll Taxes$4,858$2,428-$7,286
Insurance$629$314-$943
Other Expenses$841$1,083-$841
Advertising$89$44-$133
All Other Expenses$-11,206--$-11,206
Total Functional Expenses$7,794,015$80,314$0$7,874,329

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$13,720,261
Total Expenses per Audited Statements$13,720,261
Total Expenses per Form 990$7,874,329
Expenses Not Reported on Financial Statements$-5,845,932
Other Expense Adjustments$-5,845,932
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Salvation ArmyPanama City, FL501c3Fl Disaster Fund$1,282,611
Gulf County School BoardPort St Joe, FL501c3Fl Disaster Fund$1,125,000
Bot of the Florida Annual ConferencLakeland, FL501c3Fl Disaster Fund$974,398
Catholic Charities of the ArchdioceWilton Manors, FL501c3Fl Disaster Fund$929,184
Alabama-west Flroida Annual ConfereMontgomery, AL501c3Fl Disaster Fund$664,106
Centro Campesino Farmworker CenterFlorida City, FL501c3Fl Disaster Fund$463,017
The St Bernard Project Inc Dba SbpNew Orleans, LA501c3Fl Disaster Fund$430,013
St Lucie Habitat for Humanity IncFort Pierce, FL501c3Fl Disaster Fund$368,964
Florida Regional InterfaithinteragMiami, FL501c3Fl Disaster Fund$198,715
Redlands Christian Migrant AssociatImmokalee, FL501c3Fl Disaster Fund$147,071
Rebuilding Together Broward CountyOakland Park, FL501c3Fl Disaster Fund$122,150
Disaster Services Corp Society ofIrving, TX501c3Fl Disaster Fund$91,753
Star of the Sea Foundation IncKey West, FL501c3Fl Disaster Fund$83,929
Town of AlfordAlford, FL501c3Fl Disaster Fund$83,480
Metropolitan Ministries IncTampa, FL501c3Fl Disaster Fund$82,465
SAMUEL'S HOUSE INCDBA KEYSTRONGKey West, FL501c3Fl Disaster Fund$70,759
Compass 82 IncToms River, NJ501c3Fl Disaster Fund$47,039
Recover PinellasPinellas Park, FL501c3Fl Disaster Fund$41,840
Rebuilding Together of Central FlAltamonte, FL501c3Fl Disaster Fund$38,422
United Way of Northwest FloridaPanama City, FL501c3Fl Disaster Fund$37,209
National Church Residences FndtnColumbus, OH501c3Fl Disaster Fund$36,374
Northside Naples Kiwanis FoundationNaples, FL501c3Fl Disaster Fund$27,542
Lions Foundation of Everglades IncEverglades City, FL501c3Fl Disaster Fund$25,673
The Business and Technology DevelopMiami, FL501c3Fl Disaster Fund$25,388
United Way of Palm Beach CountyWest Palm Beach, FL501c3Fl Disaster Fund$22,316
Lake and Sumter Emergency RecoveryMontverde, FL501c3Fl Disaster Fund$18,770
BracePensacola, FL501c3Fl Disaster Fund$16,918
Habitat for Humanity of Lee & HendrNorth Fort Myers, FL501c3Fl Disaster Fund$16,164
Catholic Charities of the Diocese OPalm Beach Gardens, FL501c3Fl Disaster Fund$14,548
Florida Presbyterian Disaster AssisLeesburg, FL501c3Fl Disaster Fund$14,063
NORTHEAST FLORIDA BUILDER'S ASSOCJacksonville, FL501c3Fl Disaster Fund$13,199
Nonprofit Center of Ne FlJacksonville, FL501c3Fl Disaster Fund$11,450
Flagler Volunteer ServicesPalm Coast, FL501c3Fl Disaster Fund$11,042
Avon Park Housing Development CorpoAvon Park, FL501c3Fl Disaster Fund$9,327
St Johns Housing Partnership IncSt Augustine, FL501c3Fl Disaster Fund$7,851
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by the cfo and the board of directors prior to filing.

Form 990, Page 6, Part VI, Line 12C

A certification of compliance with the conflict of interest policy by all directors, officers, and trustees, must be submitted to the state, annually.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Volunteer Florida Foundation Inc
EIN
01-0973168
Phone
8504147400
Address
1545 RAYMOND DIEHL ROAD SUITE 250, TALLAHASSEE, FL 32308

Signing Officer

Name
Jason Norris
Title
CFO
Phone
8504147400
Signed
2021-01-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corey Simon
Formed
2010
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Thomson Brock Luger & Company
Address
3375G CAPITAL CIR NE, TALLAHASSEE, FL 32308-3736
Preparer
Matthew R Hansard
Phone
8503857444
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fdf matching funds 5,845,932 program matching services -5,845,932

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

Florida gubernatorial fellows fund - the foundation acts in an agency capacity for the executive office of the governor who administers the program. Department of emergency management contribution fund - the foundation acts in an agency capacity for the florida division of emergency management ("the division"), where the foundation collects non-cash donations from organizations and directly remits them to the division for their use.

Schedule D, Page 2, Part IV, Line 2B

SEE EXPLANATION FOR 1B.

Schedule D, Page 4, Part XI, Line 4B

Fdf matching funds -5,845,932

Schedule D, Page 4, Part XII, Line 4B

Program matching services -5,845,932

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IRS990/MissionDesc0DIRECT SUPPORT ORGANIZATION OF THE FLORIDA COMMISSION ON COMMUNITY SERVICE.
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IRS990/OtherExpensesGrp/Desc0COMIC BOOK PROGRAM
IRS990/OtherExpensesGrp/Desc1DUES & FEES
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3AWARDS & RECOGNITION
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IRS990/OtherExpensesGrp/ProgramServicesAmt13523
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IRS990/OtherExpensesGrp/TotalAmt23249
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IRS990/PrincipalOfficerNm0COREY SIMON
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE FLORIDA DISASTER FUND IS THE STATE OF FLORIDAS OFFICIAL PRIVATE FUND ESTABLISHED TO ASSIST FLORIDAS COMMUNITIES AS THEY RESPOND TO AND RECOVER DURING TIMES OF EMERGENCY OR DISASTER. IN PARTNERSHIP WITH THE PUBLIC SECTOR, PRIVATE SECTOR AND OTHER NON-GOVERNMENTAL ORGANIZATIONS, THE FLORIDA DISASTER FUND SUPPORTS RESPONSE AND RECOVERY ACTIVITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07561886
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0VOLUNTEER FLORIDA FOUNDATION RAISES FUNDS TO SUPPORT VOLUNTEER FLORIDAS PROGRAMS, WHICH PUT NATIONAL SERVICE AND VOLUNTEERS TO WORK IN SCHOOLS AND COMMUNITIES ACROSS THE STATE. THE FOUNDATION ALSO SUPPORTS SPECIAL GOVERNORS INITIATIVES, INCLUDING FLORIDAS BLACK HISTORY MONTH AND HISPANIC HERITAGE MONTH CELEBRATIONS, AS WELL AS HONORING OUR STATES OUTSTANDING VOLUNTEERS, VETERANS, AND EDUCATORS. THE FOUNDATION FINANCIALLY SUPPORTED THE FOLLOWING GOVERNOR'S INITIATIVES DURING THE YEAR: FLORIDA BLACK HISTORY MONTH, AND FLORIDA HISPANIC HERITAGE MONTH. THE FLORIDA DISASTER FUND IS THE STATE OF FLORIDAS OFFICIAL PRIVATE FUND ESTABLISHED TO ASSIST FLORIDAS COMMUNITIES AS THEY RESPOND TO AND RECOVER DURING TIMES OF EMERGENCY OR DISASTER. IN PARTNERSHIP WITH THE PUBLIC SECTOR, PRIVATE SECTOR AND OTHER NON-GOVERNMENTAL ORGANIZATIONS, THE FLORIDA DISASTER FUND SUPPORTS RESPONSE AND RECOVERY ACTIVITIES. DONATIONS TO THE FLORIDA DISASTER FUND ARE MADE TO THE VOLUNTEER FLORIDA FOUNDATION WHICH DISTRIBUTES FUNDS TO SERVICE ORGANIZATIONS THAT WILL SERVE INDIVIDUALS WITHIN THEIR COMMUNITIES WITH DISASTER RESPONSE AND RECOVERY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6
IRS990ScheduleA/OtherSupportSumAmt0191052
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FLORIDA COMMISSION ON COMMUNITY SERVICE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0FLORIDA COMMISSION ON COMMUNITY SERVICE
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-5845932
IRS990ScheduleD/RevenueSubtotalAmt06233804
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FLORIDA GUBERNATORIAL FELLOWS FUND - THE FOUNDATION ACTS IN AN AGENCY CAPACITY FOR THE EXECUTIVE OFFICE OF THE GOVERNOR WHO ADMINISTERS THE PROGRAM. DEPARTMENT OF EMERGENCY MANAGEMENT CONTRIBUTION FUND - THE FOUNDATION ACTS IN AN AGENCY CAPACITY FOR THE FLORIDA DIVISION OF EMERGENCY MANAGEMENT ("THE DIVISION"), WHERE THE FOUNDATION COLLECTS NON-CASH DONATIONS FROM ORGANIZATIONS AND DIRECTLY REMITS THEM TO THE DIVISION FOR THEIR USE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SEE EXPLANATION FOR 1B.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FDF MATCHING FUNDS -5,845,932
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3PROGRAM MATCHING SERVICES -5,845,932
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 1B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3SCHEDULE D, PAGE 4, PART XII, LINE 4B
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0BLACK HISTORY CONTEST
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1HISPANIC HERITAGE CONTEST
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
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IRS990ScheduleI/RecipientTable/IRCSectionDesc6501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501C3

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.8$0.30$15.5$24.9$10.8$14.1
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.24$1.41$5.61$39.7$34.1
2023Detailed filing. Detailed filing data is available for this year.$35.8$0.25$35.5$64.4$30.4$34.0
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.19$1.51$0.55$1.02$0.47
2021Detailed filing. Detailed filing data is available for this year.$3.56$1.57$1.99$0.78$8.52$7.75
2020Detailed filing. Detailed filing data is available for this year.$11.2$1.49$9.73$0.39$7.87$7.49
2019Detailed filing. Detailed filing data is available for this year.$18.1$0.15$17.9$7.25$4.63$2.62
2018Detailed filing. Detailed filing data is available for this year.$15.3$0.01$15.3$17.1$2.46$14.7
2017Detailed filing. Detailed filing data is available for this year.$0.66$0.01$0.65$0.54$0.35$0.19
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.03$0.46$0.31$0.43$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.57$0.39$0.55$0.16
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.03$0.73$0.69$0.28$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.36$0.01$0.36
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.01$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00