Civic Intelligence

North Florida Economic Development

EIN 20-4360126 • 501(c)6 • Tallahassee, FL

Profile

Organized to coordinate and market regional assets and identify issues that serve as impediments to job creation and increased economic growth within the rural membership.

Refreshing map…

3200 Commonwealth Blvd Rm/Ste 7Tallahassee, FL 32303-3173

www.nflp.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.08x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.07x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

39th percentile

0.1%

Higher net margin than 39% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

37th percentile

-0.4%

Faster asset growth than 37% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

33%

Faster revenue growth than 87% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$567,131

Down $2,562 (-0.4%) from 2023

Liabilities

Up

$44,158

Up $1,634 (+3.8%) from 2023

Net Assets

Down

$522,973

Down $4,196 (-0.8%) from 2023

Operations
Liabilities / Revenue56th percentileNet Margin39th percentile

Revenue

Up

$623,904

Up $153,767 (+33%) from 2023

Expenses

Up

$623,100

Up $213,772 (+52%) from 2023

Net Income

Down

$804

Down $60,005 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $179,663Liabilities 2010: $0Net Assets 2010: $179,6632010Assets 2011: $220,641Liabilities 2011: $0Net Assets 2011: $220,6412011Assets 2012: $258,890Liabilities 2012: $0Net Assets 2012: $258,8902012Assets 2013: $209,959Liabilities 2013: $0Net Assets 2013: $209,9592013Assets 2014: $210,804Liabilities 2014: $26,000Net Assets 2014: $184,8042014Assets 2015: $221,815Liabilities 2015: $15,000Net Assets 2015: $206,8152015Assets 2016: $198,647Liabilities 2016: $12,500Net Assets 2016: $186,1472016Assets 2017: $236,444Liabilities 2017: $9,852Net Assets 2017: $226,5922017Assets 2018: $216,826Liabilities 2018: $0Net Assets 2018: $216,8262018Assets 2019: $266,140Liabilities 2019: $31,940Net Assets 2019: $234,2002019Assets 2020: $415,510Liabilities 2020: $42,645Net Assets 2020: $372,8652020Assets 2021: $380,970Liabilities 2021: $18,704Net Assets 2021: $362,2662021Assets 2022: $529,143Liabilities 2022: $62,783Net Assets 2022: $466,3602022Assets 2023: $569,693Liabilities 2023: $42,524Net Assets 2023: $527,1692023Assets 2024: $567,131Liabilities 2024: $44,158Net Assets 2024: $522,9732024

Highlighted filing

2024

Assets$567,131
Liabilities$44,158
Net Assets$522,973
Open 2024 Filing

Operations Trend

Revenue Growth87th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2010: $215,8712010Revenue 2011: $250,111Expenses 2011: $209,133Net Income 2011: $40,9782011Revenue 2012: $259,886Expenses 2012: $221,637Net Income 2012: $38,2492012Revenue 2013: $288,559Expenses 2013: $337,490Net Income 2013: -$48,9312013Revenue 2014: $426,979Expenses 2014: $439,634Net Income 2014: -$12,6552014Revenue 2015: $412,576Expenses 2015: $385,380Net Income 2015: $27,1962015Revenue 2016: $390,090Expenses 2016: $410,758Net Income 2016: -$20,6682016Revenue 2017: $396,249Expenses 2017: $355,804Net Income 2017: $40,4452017Revenue 2018: $358,311Expenses 2018: $368,077Net Income 2018: -$9,7662018Revenue 2019: $387,837Expenses 2019: $370,463Net Income 2019: $17,3742019Revenue 2020: $392,220Expenses 2020: $268,399Net Income 2020: $123,8212020Revenue 2021: $363,641Expenses 2021: $305,830Net Income 2021: $57,8112021Revenue 2022: $485,667Expenses 2022: $381,573Net Income 2022: $104,0942022Revenue 2023: $470,137Expenses 2023: $409,328Net Income 2023: $60,8092023Revenue 2024: $623,904Expenses 2024: $623,100Net Income 2024: $8042024

Highlighted filing

2024

Revenue$623,904
Expenses$623,100
Net Income$804
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$567,131
Liabilities
$44,158
Net assets
$522,973
Revenue
$623,904
Expenses
$623,100
Net income
$804
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.67$0.44$5.23$6.24$6.23$0.01
2023Summary only. Only limited summary data is available for this year.$5.70$0.43$5.27$4.70$4.09$0.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$0.63$4.66$4.86$3.82$1.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.19$3.62$3.64$3.06$0.58
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.16$0.43$3.73$3.92$2.68$1.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.66$0.32$2.34$3.88$3.70$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.00$2.17$3.58$3.68$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.10$2.27$3.96$3.56$0.40
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.13$1.86$3.90$4.11$0.21
2015Detailed filing. Detailed filing data is available for this year.$2.22$0.15$2.07$4.13$3.85$0.27
2014Detailed filing. Detailed filing data is available for this year.$2.11$0.26$1.85$4.27$4.40$0.13
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$2.89$3.37$0.49
2012Summary only. Only limited summary data is available for this year.$2.59$0.00$2.59$2.60$2.22$0.38
2011Summary only. Only limited summary data is available for this year.$2.21$0.00$2.21$2.50$2.09$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.00$1.80$2.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 5, 2025
Return Version
2024v5.0
Gross Receipts
$623,904
Mission and Program Overview

Mission

Organized to coordinate and market regional assets and identify issues that serve as impediments to job creation and increased economic growth within the rural membership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$391,458$472,735▲ $81,277
Accounts Receivable$174,182$88,681▼ $85,501
Prepaid Expenses and Deferred Charges$4,053$5,715▲ $1,662
Total Assets$569,693$567,131▼ $2,562
Liabilities
Accounts Payable and Accrued Expenses$11,004$22,733▲ $11,729
Deferred Revenue$31,520$21,425▼ $10,095
Total Liabilities$42,524$44,158▲ $1,634
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$527,169$522,973▼ $4,196
Total Net Assets Fund Balance$527,169$522,973▼ $4,196
Total Liabilities and Net Assets / Fund Balance$569,693$567,131▼ $2,562
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Jimmy NorrisChairman
Jennifer DanielsVice Chair
Amber ShepherdDirector
Chadd MathisDirector
Danny CollinsDirector
Darryl RegisterDirector
Desiree MillsDirector
Diane AndrewsDirector
Don HaleDirector
Donna CreamerDirector
Donnie WaldrepDirector
George BucknerDirector
James BennettDirector
Jim BushDirector
Jimmy MurphyDirector
Jimmy WilliamsDirector
Karen VanaernamDirector
Larry HarveyDirector
Lauren YeatterDirector
Lynne BuchananDirector
Mark HatchDirector
Mark LittenDirector
Mason ByrdDirector
Patrick WnekDirector
Robert CateDirector
Rocky FordDirector
Scott OsteenDirector
Shannon MettyDirector
Thomas DempsDirector
Tommy LangfordDirector
-Executive Di
Diane HeadSecretary
Doug BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fl Institute Of Government At FsuManagement Svcs3200 COMMONWEALTH BLVD STE 7, Tallahassee, FL 32303$207,000
Marketing AllianceMarketing1420 CELEBRATION BLVD STE 200, Celebration, FL 34747$114,200
Revenue and Support

Revenue Composition

Contributions and Grants
$495,634
Program Service Revenue
$128,270
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$556,329
Grants and Similar Amounts Paid$66,771
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other---$263,455
Fees for Services Management---$207,000
Conferences and Meetings---$59,657
Grants to Domestic Individuals---$44,286
Office Expenses---$22,820
Grants to Domestic Orgs---$22,485
Fees for Services Accounting---$2,200
Insurance---$1,105
Travel---$92
Total Functional Expenses$0$0$0$623,100
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Florida Rural Economic DevelopmentTallahassee, FL6Annual Support$15,000
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Letter of agreement in place with the institute of government and jeff hendry to plan and execute budgets and to supervise the organization.”

Form 990, Page 6, Part VI, Line 6

“Membership is open to all within the 14 county region as represented by published dues. Members elect the governing body and approve significant decisions.”

Form 990, Page 6, Part VI, Line 7A

“Cities, towns, counties, and organizations choose their representative for board representation. The full membership then votes to approve/disapprove their selection.”

Form 990, Page 6, Part VI, Line 7B

“All decisions are made through full membership or authorized executive committee vote.”

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

“The return is reviewed by the executive director and chairman.”

Form 990, Page 6, Part VI, Line 15A

“The annual letter of agreement is reviewed by the executive committee who recommends to the board - who votes to approve/disapprove.”

Form 990, Page 6, Part VI, Line 19

“All documents are available upon request. Financial reports are distributed at regular board meetings.”

Filing and Contact Details

Filer

Filer Name
North Florida Economic Development
EIN
20-4360126
Phone
8504871870
Address
3200 COMMONWEALTH BLVD RM/STE 7, TALLAHASSEE, FL 32303-3173

Signing Officer

Name
Jimmy Norris
Title
Chairman
Phone
8504871870
Signed
2025-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jimmy Norris
Formed
2006
Legal Domicile
Fl
Voting Board Members
32
Independent Board Members
32
Employees
0
Volunteers
32

Preparer

Firm
Carroll and Company Cpas
Address
2640-A MITCHAM DRIVE, TALLAHASSEE, FL 32308
Preparer
Kathleen E Brothers
Phone
8508771099
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Board members provide volunteer hours to the organization.”

Form 990, Part IX, Line 11G

“Professional fees- various pr 263,455 0 0”

Raw XML AppendixShowing 400 of 522 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt022733
IRS990/AccountsReceivableGrp/BOYAmt0174182
IRS990/AccountsReceivableGrp/EOYAmt088681
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ORGANIZED TO COORDINATE AND MARKET REGIONAL ASSETS AND IDENTIFY ISSUES THAT SERVE AS IMPEDIMENTS TO JOB CREATION AND INCREASED ECONOMIC GROWTH WITHIN THE RURAL MEMBERSHIP.
IRS990/BackupWthldComplianceInd0true
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0FLORIDA INSTITUTE OF GOVERNMENT
IRS990/BooksInCareOfDetail/PhoneNum08504871870
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03200 COMMONWEALTH BLVD STE 7
IRS990/BooksInCareOfDetail/USAddress/CityNm0TALLAHASSEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
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IRS990/CntrctRcvdGreaterThan100KCnt02
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0207000
IRS990/ContractorCompensationGrp/CompensationAmt1114200
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IRS990/ContractorCompensationGrp/ServicesDesc1MARKETING
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0495634
IRS990/CYGrantsAndSimilarPaidAmt066771
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0556329
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0128270
IRS990/CYRevenuesLessExpensesAmt0804
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0623100
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0623904
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt031520
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IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0TECHNICAL ASSISTANCE - PROVIDE AND/OR FACILITATE EXPERTISE TO INDIVIDUAL COUNTIES ON FEDERAL AND STATE INFRASTRUCTURE AND WORKFORCE DEVELOPMENT FUNDING OPPORTUNITIES, PROVIDE ASSISTANCE IN DATA COLLECTION AND GRANT DEVELOPMENT, AND PROVIDE EDUCATION AND TRAINING ON ECONOMIC AND COMMUNITY DEVELOPMENT ISSUES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt02200
IRS990/FeesForServicesManagementGrp/TotalAmt0207000
IRS990/FeesForServicesOtherGrp/TotalAmt0263455
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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