Civic Intelligence

Florida Prosperity Partnership Inc

990 • Fiscal year 2015 • EIN 27-0905144

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 09, 2016

250 W LAKE MARY BLVD No 289Sanford, FL 32773

(904) 940-0296

Siviq Scores

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

Liabilities / Assets

86th percentile

0.34x

Higher debt load relative to assets than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.09x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

24th percentile

-9.4%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

84th percentile

$24,167

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

23rd percentile

-16%

Faster asset growth than 23% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

51st percentile

1.8%

Faster revenue growth than 51% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$85,406

Down $16,521 (-16%) from 2014

Net Assets

Down

$56,460

Down $30,254 (-35%) from 2014

Liabilities

Up

$28,946

Up $13,733 (+90%) from 2014

Revenue

Up

$321,006

Up $5,584 (+1.8%) from 2014

Expenses

Up

$351,260

Up $35,357 (+11%) from 2014

Net Income

Down

-$30,254

Down $29,773 (-6190%) from 2014

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $71,612Liabilities 2011: $0Net Assets 2011: $71,6122011Assets 2012: $61,605Liabilities 2012: $0Net Assets 2012: $61,6052012Assets 2013: $89,344Liabilities 2013: $2,149Net Assets 2013: $87,1952013Assets 2014: $101,927Liabilities 2014: $15,213Net Assets 2014: $86,7142014Assets 2015: $85,406Liabilities 2015: $28,946Net Assets 2015: $56,4602015Assets 2016: $104,795Liabilities 2016: $27,736Net Assets 2016: $77,0592016Assets 2020: $95,691Liabilities 2020: $0Net Assets 2020: $95,6912020Assets 2021: $167,862Liabilities 2021: $0Net Assets 2021: $167,8622021Assets 2022: $49,751Liabilities 2022: $0Net Assets 2022: $49,7512022

Highlighted filing

2015

Assets$85,406
Liabilities$28,946
Net Assets$56,460

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $170,706Expenses 2011: $163,969Net Income 2011: $6,7372011Expenses 2012: $245,7382012Revenue 2013: $292,251Expenses 2013: $266,661Net Income 2013: $25,5902013Revenue 2014: $315,422Expenses 2014: $315,903Net Income 2014: -$4812014Revenue 2015: $321,006Expenses 2015: $351,260Net Income 2015: -$30,2542015Revenue 2016: $376,855Expenses 2016: $356,256Net Income 2016: $20,5992016Revenue 2020: $322,167Expenses 2020: $241,894Net Income 2020: $80,2732020Revenue 2021: $459,354Expenses 2021: $387,183Net Income 2021: $72,1712021Revenue 2022: $489,256Expenses 2022: $607,367Net Income 2022: -$118,1112022

Highlighted filing

2015

Revenue$321,006
Expenses$351,260
Net Income-$30,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$321,006
Mission and Program Overview

Mission

The Mission of FPP is providing pathways to economic security through a statewide coalition of organizations.

The Mission of FPP is providing pathways to economic security through a statewide coalition of organizations.FPP includes nearly 1000 partner organizations from all sectors of Florida, including but not limited to nonprofits, for-profits, government agencies, educational institutions and faith based organizations. FPP interacts with groups working with low to moderate income individuals and families in various ways including acting as a catalyst, advocate, educator, convener, leader, and partner. FPP seeks to work with these organizations to move beyond crisis management and into helping people become more financially secure and prosperous.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$90,344$72,323▼ $18,021
Land, Buildings, and Equipment, Net$9,583$7,583▼ $2,000
Pledges and Grants Receivable$2,000$5,500▲ $3,500
Total Assets$101,927$85,406▼ $16,521
Liabilities
Accounts Payable and Accrued Expenses$15,213$28,946▲ $13,733
Total Liabilities$15,213$28,946▲ $13,733
Net Assets / Fund Balance
Unrestricted Net Assets$86,714$52,460▼ $34,254
Temporarily Rstr Net Assets-$4,000-
Total Net Assets Fund Balance$86,714$56,460▼ $30,254
Total Liabilities and Net Assets / Fund Balance$101,927$85,406▼ $16,521

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$7,583$2,417$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William E Mills IIICEOFT$24,167$24,167

Board Members and Trustees

NameTitle
Janet HamerBoard Chair/Executive Comm
Joyce OdongoBoard Vice Chair
Audrey LjungBoard Member
David KrepchoBoard Member
Doug BrownBoard Member
Frank RodriguezBoard Member
George OwenBoard Member
Iris JonesBoard Member
Kamalah FletcherBoard Member
Katie MetzBoard Member
Lars GilbertsBoard Member
Leonard W Parkhurst JrBoard Member
Michael S Gutter PhDBoard Member
Sandra Bernard-BastienBoard Member
Sharon HackneyBoard Member
Sherod HalliburtonBoard Member
Valeria Perez-FerreiroBoard Member
Joan NelsonSecretary
Felipe PinzonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$320,871
Program Service Revenue
$0
Investment Income
$135
Other Revenue
$0
All Other Contributions
$311,878
Change in Net Assets
$-30,254

Audited Revenue Reconciliation

Revenue per Audited Statements
$321,006
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$321,006
Total Revenue per Form 990
$321,006
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$247,736
Salaries, Compensation, and Employee Benefits$103,524
Total Fundraising Expense$51,619
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$78,675$6,042$11,450$96,167
Conferences and Meetings$54,113--$54,113
Travel$16,395$2,831$3,664$22,890
Office Expenses$3,131$5,814-$8,945
Fees for Services Other$1,500$7,100-$8,600
Payroll Taxes$6,851$92$414$7,357
All Other Expenses$2,639$3,111-$5,750
Other Expenses$2,393$2,393$36,091$4,786
Advertising$3,000$1,000-$4,000
Depreciation Depletion$2,000--$2,000
Total Functional Expenses$240,288$59,353$51,619$351,260

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$351,260
Total Expenses per Audited Statements$351,260
Total Expenses per Form 990$351,260
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Manager of special projects is President's Mother-in- Law this fact was disclosed on conflict of interest form and board approved.

Form 990, Part VI, Section B, line 11

Completed return will be emailed to the board for review. Approval will be either from email vote or special meeting.

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

Forms are sent out annually and board returns signed certification documents, EO records return and ensures 100% complilance.

Form 990, Part VI, Section B, line 15

Guidestar data reviewed, compensation change proposed by EO, board votes to accept or reject

Form 990, Part VI, Section C, line 19

Upon request documents requested to be provided to the person requesting them

Filing and Contact Details

Filer

Filer Name
Florida Prosperity Partnership Inc
EIN
27-0905144
Phone
9049400296
Address
250 W LAKE MARY BLVD No 289, SANFORD, FL 32773

Signing Officer

Name
William E Mills III
Title
CEO
Phone
3212094377
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William E Mills III
Formed
2009
Legal Domicile
Fl
Voting Board Members
19
Independent Board Members
19
Employees
3
Volunteers
50

Preparer

Firm
Masters Smith & Wisby PA
Address
4811 Beach Blvd Ste 300, Jacksonville, FL 32207
Preparer
David Howie CPA
Phone
9043962202
Supplemental Narrative

Additional Explanations

Form 990, Part III, line 2

We started C4E to improve college success, career preparation and college completion in Hardee, Highlands and Polk counties.

Form 990, Part XII, Line 2C:

Finance Committee oversees and assumes responsibility for the audit.

Financial Statement Notes

Part X, Line 2:

The Organization takes tax positions which it feels adhere to the laws established by the taxing authorities. The Organization does not believe it has taken any uncertain tax positions which would subject it to penalties or interest; therefore, none have been accrued in the accompanying financial statements. The taxing authorities have the right to audit the Organization's tax returns for the last three open tax years and the current year.

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IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt09583
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07583
IRS990/LandBldgEquipCostOrOtherBssAmt010000
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt08993
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Mission of FPP is providing pathways to economic security through a statewide coalition of organizations.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt086714
IRS990/NetAssetsOrFundBalancesEOYAmt056460
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05814
IRS990/OfficeExpensesGrp/ProgramServicesAmt03131
IRS990/OfficeExpensesGrp/TotalAmt08945
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Stipends
IRS990/OtherExpensesGrp/Desc1Public Relations
IRS990/OtherExpensesGrp/Desc2Education Programs
IRS990/OtherExpensesGrp/Desc3Website/Graphics
IRS990/OtherExpensesGrp/FundraisingAmt036091
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt024873
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16097
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22393
IRS990/OtherExpensesGrp/ProgramServicesAmt064434
IRS990/OtherExpensesGrp/ProgramServicesAmt15157
IRS990/OtherExpensesGrp/ProgramServicesAmt22393
IRS990/OtherExpensesGrp/TotalAmt0125398
IRS990/OtherExpensesGrp/TotalAmt16097
IRS990/OtherExpensesGrp/TotalAmt25157
IRS990/OtherExpensesGrp/TotalAmt34786
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011450
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06042
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt078675
IRS990/OtherSalariesAndWagesGrp/TotalAmt096167
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0414
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt092
IRS990/PayrollTaxesGrp/ProgramServicesAmt06851
IRS990/PayrollTaxesGrp/TotalAmt07357
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt05500
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0William E Mills III
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The annual training conference
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt095748
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt082098
IRS990/ProgSrvcAccomActy3Grp/Desc0Financial education Train and Trainers
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt020000
IRS990/ProgSrvcAccomActyOtherGrp/Desc0Other Program Services activities conducted during the year.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt014540
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt08993
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0292238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0235731
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0170706
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01334853
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0250
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0250
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.99990
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0315307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0292238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0235731
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0170706
IRS990ScheduleA/Total509Grp/TotalAmt01334853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0321006
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0315422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0292238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0235731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0170706
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01335103
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0351260
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07583
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02417
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt010000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0321006
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization takes tax positions which it feels adhere to the laws established by the taxing authorities. The Organization does not believe it has taken any uncertain tax positions which would subject it to penalties or interest; therefore, none have been accrued in the accompanying financial statements. The taxing authorities have the right to audit the Organization's tax returns for the last three open tax years and the current year.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07583
IRS990ScheduleD/TotalExpensesPerForm990Amt0351260
IRS990ScheduleD/TotalRevenuePerForm990Amt0321006
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0321006
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0351260
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We started C4E to improve college success, career preparation and college completion in Hardee, Highlands and Polk counties.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Manager of special projects is President's Mother-in- Law this fact was disclosed on conflict of interest form and board approved.

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