Civic Intelligence

Central Florida Hotel & Lodging Association Foundation Inc.

990 • Fiscal year 2023 • EIN 26-4207486

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 21, 2024

6675 Westwood Blvd Suite 210Orlando, FL 32821

(407) 313-5000

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

46th percentile

0.9%

Higher net margin than 46% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

99th percentile

$194,177

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 73.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

35th percentile

-7.0%

Faster asset growth than 35% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

77th percentile

40%

Faster revenue growth than 77% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$177,057

Down $13,423 (-7.0%) from 2022

Net Assets

Up

$177,057

Up $2,428 (+1.4%) from 2022

Liabilities

Down

$0

Down $15,851 (-100%) from 2022

Revenue

Up

$265,339

Up $76,033 (+40%) from 2022

Expenses

Up

$262,911

Up $58,454 (+29%) from 2022

Net Income

Up

$2,428

Up $17,579 (+116%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $125,061Liabilities 2011: $0Net Assets 2011: $125,0612011Assets 2016: $295,590Liabilities 2016: $43,480Net Assets 2016: $252,1102016Assets 2017: $233,723Liabilities 2017: $38,421Net Assets 2017: $195,3022017Assets 2018: $238,355Liabilities 2018: $37,577Net Assets 2018: $200,7782018Assets 2019: $216,136Liabilities 2019: $113,684Net Assets 2019: $102,4522019Assets 2020: $157,356Liabilities 2020: $127,404Net Assets 2020: $29,9522020Assets 2021: $212,873Liabilities 2021: $23,093Net Assets 2021: $189,7802021Assets 2022: $190,480Liabilities 2022: $15,851Net Assets 2022: $174,6292022Assets 2023: $177,057Liabilities 2023: $0Net Assets 2023: $177,0572023Assets 2024: $155,804Liabilities 2024: $0Net Assets 2024: $155,8042024

Highlighted filing

2023

Assets$177,057
Liabilities$0
Net Assets$177,057

Operations Trend

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

$400K$200K$0-$200KExpenses 2011: $16,6302011Revenue 2016: $127,418Expenses 2016: $184,558Net Income 2016: -$57,1402016Revenue 2017: $175,766Expenses 2017: $232,574Net Income 2017: -$56,8082017Revenue 2018: $319,800Expenses 2018: $314,324Net Income 2018: $5,4762018Revenue 2019: $235,535Expenses 2019: $333,861Net Income 2019: -$98,3262019Revenue 2020: $139,006Expenses 2020: $211,506Net Income 2020: -$72,5002020Revenue 2021: $345,531Expenses 2021: $185,703Net Income 2021: $159,8282021Revenue 2022: $189,306Expenses 2022: $204,457Net Income 2022: -$15,1512022Revenue 2023: $265,339Expenses 2023: $262,911Net Income 2023: $2,4282023Revenue 2024: $291,166Expenses 2024: $312,419Net Income 2024: -$21,2532024

Highlighted filing

2023

Revenue$265,339
Expenses$262,911
Net Income$2,428
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 21, 2024
Return Version
2023v5.1
Gross Receipts
$363,748
Mission and Program Overview

Mission

To enrich an environment where the hospitality community in central florida can grow and thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$184,005$177,057▼ $6,948
Accounts Receivable$4,090$0▼ $4,090
Total Assets$190,480$177,057▼ $13,423
Other Assets Total$2,385$0▼ $2,385
Liabilities
Other Liabilities$15,851$0▼ $15,851
Total Liabilities$15,851$0▼ $15,851
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$174,629$177,057▲ $2,428
Total Net Assets Fund Balance$174,629$177,057▲ $2,428
Total Liabilities and Net Assets / Fund Balance$190,480$177,057▼ $13,423
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sonja GiselbrechtChair
Robert AgrusaPresident/CEO/staff Liason
John MccrackenVice-chair
Barbara KenneyDirector
Beatriz DominguezDirector
Curt TaylorDirector
Dennis BementDirector
Duane WinjumDirector
Erin SimsDirector
Gerald UrquiolaDirector
Jay LeonardDirector
Jesse MartinezDirector
Jill CooperDirector
Louis RobbinsDirector
Mark CartottoDirector
Michael HanleyDirector
Paul JosephDirector
Peter KacherisDirector
Ron CaimanoDirector
Ryan GarroDirector
Fred SawyersSecretary
Brian ComesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$265,339
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$2,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$232,977
Other Expenses$29,934
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$124,000--$124,000
Grants to Domestic Orgs$108,977--$108,977
Payments to Affiliates-$13,905-$13,905
Fees for Services Legal-$7,800-$7,800
Other Expenses-$318-$318
Total Functional Expenses$232,977$29,934$0$262,911
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ucf Foundation IncOrlando, FL501(c)(3)The Amount of Cash Grant Is Used as the Jeff Weinland Memorial Scholarship Fund for Hospitality Students. Scholarships Are Rewarded to Students Pursuing Careers in Hospitality and Whose Family Member(s) Also Work in the Field of Hospitality. Amounts Are Paid Directly to the School.$36,000
Dr Phillips Center for the Performing ArtsOrlando, FL501(c)(3)Support for the Coffee Bar Naming Rights$25,000
Orange County Public Schools FoundationOrlando, FL501(c)(3)Sponsorship of Cte Hospitality and Culinary Competition$7,000
Wekiva High SchoolApopka, FL501(c)(3)Supoort for Bakery Installation for the Culinary Program$6,900
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$98,409
Fundraising Gross Income$98,409
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
ENGINEERS' CHARITY$60,086-$58,558-
Cfhla Gives$183,750$52,500$13,773$38,727
Total Events$307,888$52,500$112,182$-59,682
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the director of finance. It is then provided to the executive committee of the board of directors for their inspection prior to filing.

Form 990, Part VI, Section B, Line 12C

Board members are required to sign an annual statement. Any conflicts are presented to the board for resolution.

Form 990, Part VI, Section B, Line 15

Compensation is determined by the compensation committee of the board of directors using comparable service study data. The organization's top management official is not involved in determining his compensation.

Form 990, Part VI, Section C, Line 19

The request is made to the director of finance. The director will arrange for an appointment with the individual to go to the taxpayer's office and inspect the requested documents.

Filing and Contact Details

Filer

Filer Name
Central Florida Hotel & Lodging Assoc
EIN
26-4207486
Phone
4073135000
Address
6675 WESTWOOD BLVD SUITE 210, ORLANDO, FL 32821

Signing Officer

Name
Robert Agrusa
Title
President/CEO
Phone
4073135000
Signed
2024-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Agrusa
Formed
2009
Legal Domicile
Fl
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
74

Preparer

Firm
Rehmann Robson LLC
Address
201 E PINE ST STE 801, ORLANDO, FL 32801
Preparer
Deborah a Crum CPA
Phone
4078434433
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

This process has not changed since the prior year

Financial Statement Notes

PART X, LINE 2:

The foundation complies with the provisions of fasb asc 740-10, accounting for uncertainty in income taxes. Under fasb asc 740-10, the foundation is required to evaluate each of its tax positions to determine if they more likely than not would not be sustained if the taxing authority examines the respective position. A tax position includes an entity's status, including its status as a tax-exempt entity, and a decision not to file a tax return. The foundation has evaluated each of its tax positions and has determined that no provision or liability for income taxes is necessary.

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IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENRICH AN ENVIRONMENT WHERE THE HOSPITALITY COMMUNITY IN CENTRAL FLORIDA CAN GROW AND THRIVE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0174629
IRS990/NetAssetsOrFundBalancesEOYAmt0177057
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0174629
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0177057
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02385
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0OTHER
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13911
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2318
IRS990/OtherExpensesGrp/TotalAmt04000
IRS990/OtherExpensesGrp/TotalAmt13911
IRS990/OtherExpensesGrp/TotalAmt2318
IRS990/OtherLiabilitiesGrp/BOYAmt015851
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherOrganizationDsc0FOUNDATION
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IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt013905
IRS990/PaymentsToAffiliatesGrp/TotalAmt013905
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT AGRUSA
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0189306
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0185792
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt0204457
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IRS990/QuidProQuoContributionsInd01
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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
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IRS990/ReportInvestmentsOtherSecInd00
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IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0352592
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153022
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01298315
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0630
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0286153
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01298315
IRS990ScheduleA/TotalSupportAmt01298315
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION COMPLIES WITH THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER FASB ASC 740-10, THE FOUNDATION IS REQUIRED TO EVALUATE EACH OF ITS TAX POSITIONS TO DETERMINE IF THEY MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED IF THE TAXING AUTHORITY EXAMINES THE RESPECTIVE POSITION. A TAX POSITION INCLUDES AN ENTITY'S STATUS, INCLUDING ITS STATUS AS A TAX-EXEMPT ENTITY, AND A DECISION NOT TO FILE A TAX RETURN. THE FOUNDATION HAS EVALUATED EACH OF ITS TAX POSITIONS AND HAS DETERMINED THAT NO PROVISION OR LIABILITY FOR INCOME TAXES IS NECESSARY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0255388
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0131250
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt060086
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt064052
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0112182
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CFHLA GIVES
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ENGINEERS' CHARITY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0183750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt060086
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt052500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052500
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-59682
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt039851
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0124000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0DIRECT STUDENT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt056
IRS990ScheduleI/RecipientTable/CashGrantAmt025000
IRS990ScheduleI/RecipientTable/CashGrantAmt136000
IRS990ScheduleI/RecipientTable/CashGrantAmt27000
IRS990ScheduleI/RecipientTable/CashGrantAmt36900
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT FOR THE COFFEE BAR NAMING RIGHTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1THE AMOUNT OF CASH GRANT IS USED AS THE JEFF WEINLAND MEMORIAL SCHOLARSHIP FUND FOR HOSPITALITY STUDENTS. SCHOLARSHIPS ARE REWARDED TO STUDENTS PURSUING CAREERS IN HOSPITALITY AND WHOSE FAMILY MEMBER(S) ALSO WORK IN THE FIELD OF HOSPITALITY. AMOUNTS ARE PAID DIRECTLY TO THE SCHOOL.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2SPONSORSHIP OF CTE HOSPITALITY AND CULINARY COMPETITION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SUPOORT FOR BAKERY INSTALLATION FOR THE CULINARY PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DR PHILLIPS CENTER FOR THE PERFORMING ARTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1UCF FOUNDATION INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ORANGE COUNTY PUBLIC SCHOOLS FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3WEKIVA HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0200695917
IRS990ScheduleI/RecipientTable/RecipientEIN1596211832
IRS990ScheduleI/RecipientTable/RecipientEIN2592788435

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