Civic Intelligence

Florida Prosperity Partnership Inc

990 • Fiscal year 2022 • EIN 27-0905144

Jan 01, 2022 to Dec 31, 2022 • Filed on Jan 08, 2024

250 West Lake Mary Blvd Suite 289Sanford, FL 32773

(321) 209-4377

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

17th percentile

-24%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

6th percentile

-70%

Faster asset growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

6.5%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$49,751

Down $118,111 (-70%) from 2021

Net Assets

Down

$49,751

Down $118,111 (-70%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$489,256

Up $29,902 (+6.5%) from 2021

Expenses

Up

$607,367

Up $220,184 (+57%) from 2021

Net Income

Down

-$118,111

Down $190,282 (-264%) from 2021

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

2022

Assets$49,751
Liabilities$0
Net Assets$49,751

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

2022

Revenue$489,256
Expenses$607,367
Net Income-$118,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jan 8, 2024
Return Version
2022v5.0
Gross Receipts
$489,256
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 to elevate financial capability for all

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$167,862$45,447▼ $122,415
Land, Buildings, and Equipment, Net$0$4,304▲ $4,304
Total Assets$167,862$49,751▼ $118,111
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$167,862$49,751▼ $118,111
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$167,862$49,751▼ $118,111
Total Liabilities and Net Assets / Fund Balance$167,862$49,751▼ $118,111

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,304$11,759$16,063
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$465,137
Program Service Revenue
$23,631
Investment Income
$488
Other Revenue
$0
All Other Contributions
$362,447
Change in Net Assets
$-118,111

Audited Revenue Reconciliation

Revenue per Audited Statements
$489,256
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$489,256
Total Revenue per Form 990
$489,256
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$406,515
Other Expenses$200,852
Total Fundraising Expense$49,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$283,720$36,374$43,650$363,744
Other Expenses$65,855$0$0$65,855
Payroll Taxes$22,426$2,875$3,448$28,749
Occupancy$18,757$4,606$0$23,363
Conferences and Meetings$0$14,457$0$14,457
Other Employee Benefits$10,939$1,402$1,681$14,022
All Other Expenses$7,541$3,550$1,160$12,251
Office Expenses$0$9,911$0$9,911
Insurance$0$2,791$0$2,791
Depreciation Depletion$0$1,076$0$1,076
Total Functional Expenses$430,933$126,495$49,939$607,367

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$607,367
Total Expenses per Audited Statements$607,367
Total Expenses per Form 990$607,367
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Conference$99,369$99,369$0$99,369
Total Events$99,369$99,369$0$99,369
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
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

Each board member has an opportunity to review the form 990 and resolve and questions before remittance to irs.

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

Forms are sent out annually and board members return signed certification documents. The executive director, executive director records return and ensures 100% compliance.

Form 990, Part VI, Section B, Line 15

Guidestar data reviewed compensation change proposed by executive director board votes to accept

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements on their website.

Filing and Contact Details

Filer

Filer Name
Florida Prosperity Partnership Inc
EIN
27-0905144
Phone
3212094377
Address
250 WEST LAKE MARY BLVD SUITE 289, SANFORD, FL 32773

Signing Officer

Name
Bill Mills
Title
Executive Director
Phone
3212094377
Signed
2024-01-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William E Mills Iii
Formed
2009
Legal Domicile
Fl
Voting Board Members
20
Independent Board Members
20
Employees
12
Volunteers
0

Preparer

Firm
Stephanie L Hartnett CPA PA
Address
14595 Crystal View Lane, Jacksonville, FL 32250
Preparer
Stephanie Hartnett
Phone
9043059806
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The organization is a coalition of 3900+ partners and members in and beyond florida who primarily serve low- and moderate-income individuals and households. The coalition is comprised of florida-based, domestic and international organization and practitioners representing non-profits, financial institutions, academia, government agencies, for-proft enterprises and more all committed to generating a collective impact. Through coalition engagement, fpp's financial capability practitioners build knowledge, skill and understanding to elevate people and communities from financial crisis to stability, security, well-being and prosperity

Form 990, Part XII, Line 2C

The finance committee oversees and assumes responsibility for the audit.

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IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt00
IRS990/GrantAmt0362447
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0489256
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
IRS990/IncmFromInvestBondProceedsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IncmFromInvestBondProceedsGrp/UnrelatedBusinessRevenueAmt00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02791
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt02791
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0488
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0488
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011759
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04304
IRS990/LandBldgEquipCostOrOtherBssAmt016063
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt03321
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ANNUAL FINANCIAL CAPABILITY TRAINING CONFERENCE BRINGS TOGETHER LEADERS AND PRACTITIONERS OF ALL LEVELS REPRESENTING NON-PROFIT ORGANIZATIONS LARGE AND SMALL, FINANCIAL INSTITUTIONS, ACADEMIC CIRCLES, FOR-PROFIT ORGANIZATIONS AND GOVERNMENT ENTITIES TO WORK TOWARD THE FPP COALITION MISSION, TO ELEVATE FINANCIAL CAPABILITY FOR ALL PARTICIPANTS CONVENE SEEKING WAYS TO COLLABORATE WITH OTHERS FROM THEIR OWN REGION AND FROM ACROSS FLORIDA AND THE ENTIRE NATION, FINANCIAL CAPABILITY PRACTITIONERS THEIR AND FROM ACROSS FLORIDA AND THE ENTIRE NATION, FINANCIAL CAPABILITY PRACTITIONERS SHARE THEIR MODEL PRACTICIES AND WORK TOGETHER TO GENERATE EXPONENTIAL IMPACT FOR OTHERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0167862
IRS990/NetAssetsOrFundBalancesEOYAmt049751
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0167862
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt049751
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt04606
IRS990/OccupancyGrp/ProgramServicesAmt018757
IRS990/OccupancyGrp/TotalAmt023363
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09911
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt09911
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01681
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01402
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010939
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014022
IRS990/OtherExpensesGrp/Desc0PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc1BOARD MEETING EXPENSES
IRS990/OtherExpensesGrp/Desc2GRAPHICS/WEBSITE
IRS990/OtherExpensesGrp/Desc3CONFERENCE EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12117
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt247336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt021695
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt365855
IRS990/OtherExpensesGrp/TotalAmt021695
IRS990/OtherExpensesGrp/TotalAmt12117
IRS990/OtherExpensesGrp/TotalAmt247336
IRS990/OtherExpensesGrp/TotalAmt365855
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt043650
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036374
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0283720
IRS990/OtherSalariesAndWagesGrp/TotalAmt0363744
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03448
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02875
IRS990/PayrollTaxesGrp/ProgramServicesAmt022426
IRS990/PayrollTaxesGrp/TotalAmt028749
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM E MILLS III
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ANNUAL FINANCIAL CAPABILITY TRAINING CONFERENCE BRINGS TOGETHER LEADERS AND PRACTITIONERS OF ALL LEVELS REPRESENTING NON-PROFIT ORGANIZATIONS LARGE AND SMALL, FINANCIAL INSTITUTIONS, ACADEMIC CIRCLES, FOR-PROFIT ORGANIZATIONS AND GOVERNMENT ENTITIES TO WORK TOWARD THE FPP COALITION MISSION, TO ELEVATE FINANCIAL CAPABILITY FOR ALL. PARTICIPANTS CONVENE SEEKING WAYS TO COLLABORATE WITH OTHERS FROM THEIR OWN REGION, AND FROM ACROSS FLORIDA AND THE ENTIRE NATION. FINANCIAL CAPABILITY PRACTITIONERS SHARE THEIR MODEL PRACTICES AND WORK TOGETHER TO GENERATE EXPONENTIAL IMPACT FOR OTHERS!
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0115799
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0489256
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0313076
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01953
IRS990/PYOtherExpensesAmt0117723
IRS990/PYOtherRevenueAmt0120929
IRS990/PYProgramServiceRevenueAmt023396
IRS990/PYRevenuesLessExpensesAmt072171
IRS990/PYSalariesCompEmpBnftPaidAmt0269460
IRS990/PYTotalExpensesAmt0387183
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0459354
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-118111
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0489256
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0488768

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