Civic Intelligence

Womens Fund - Southwest Florida

990 • Fiscal year 2023 • EIN 45-2514055

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 04, 2024

9160 Forum Corporate Pkwy Ste 321Fort Myers, FL 33905

(239) 789-4714

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

7th percentile

-51%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

1st percentile

-100%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

86th percentile

60%

Faster revenue growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $2,073,858 (-100%) from 2022

Net Assets

Down

$0

Down $1,904,524 (-100%) from 2022

Liabilities

Down

$0

Down $169,334 (-100%) from 2022

Revenue

Up

$987,376

Up $371,898 (+60%) from 2022

Expenses

Up

$1,492,653

Up $731,853 (+96%) from 2022

Net Income

Down

-$505,277

Down $359,955 (-248%) from 2022

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $3,825Liabilities 2011: $02011Assets 2013: $56,843Liabilities 2013: $16,008Net Assets 2013: $40,8352013Assets 2014: $209,277Liabilities 2014: $119,312Net Assets 2014: $89,9652014Assets 2015: $142,073Liabilities 2015: $119,044Net Assets 2015: $23,0292015Assets 2016: $352,768Liabilities 2016: $2,109Net Assets 2016: $350,6592016Assets 2017: $1,171,168Liabilities 2017: $785,961Net Assets 2017: $385,2072017Assets 2018: $1,223,985Liabilities 2018: $871,735Net Assets 2018: $352,2502018Assets 2019: $1,812,391Liabilities 2019: $878,912Net Assets 2019: $933,4792019Assets 2020: $2,035,697Liabilities 2020: $39,497Net Assets 2020: $1,996,2002020Assets 2021: $2,378,000Liabilities 2021: $87,531Net Assets 2021: $2,290,4692021Assets 2022: $2,073,858Liabilities 2022: $169,334Net Assets 2022: $1,904,5242022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $3,825Expenses 2011: $0Net Income 2011: $3,8252011Revenue 2013: $62,802Expenses 2013: $34,522Net Income 2013: $28,2802013Revenue 2014: $145,485Expenses 2014: $94,500Net Income 2014: $50,9852014Revenue 2015: $119,550Expenses 2015: $184,504Net Income 2015: -$64,9542015Revenue 2016: $369,775Expenses 2016: $143,573Net Income 2016: $226,2022016Revenue 2017: $303,259Expenses 2017: $265,803Net Income 2017: $37,4562017Revenue 2018: $402,503Expenses 2018: $374,019Net Income 2018: $28,4842018Revenue 2019: $862,854Expenses 2019: $397,172Net Income 2019: $465,6822019Revenue 2020: $1,522,169Expenses 2020: $551,711Net Income 2020: $970,4582020Revenue 2021: $851,451Expenses 2021: $742,340Net Income 2021: $109,1112021Revenue 2022: $615,478Expenses 2022: $760,800Net Income 2022: -$145,3222022Revenue 2023: $987,376Expenses 2023: $1,492,653Net Income 2023: -$505,2772023

Highlighted filing

2023

Revenue$987,376
Expenses$1,492,653
Net Income-$505,277
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 4, 2024
Return Version
2023v4.0
Gross Receipts
$1,875,378
Mission and Program Overview

Mission

To identify and encourage, through strategic use of resources, initiatives that will create a better future for women and girls in southwest florida and to educate women and other donors about using their personal philanthropy to make a difference in the lives of women and girls.

The organization envisions a world without barriers to higher education to ensure that florida's students graduate on time, career ready, and with minimal student loan debt.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$812,883--
Cash and Non-Interest-Bearing Accounts$316,643--
Pledges and Grants Receivable$145,459--
Prepaid Expenses and Deferred Charges$20,794--
Total Assets$2,073,858$0▼ $2,073,858
Other Assets Total$778,079--
Liabilities
Deferred Revenue$140,482--
Accounts Payable and Accrued Expenses$28,852--
Total Liabilities$169,334$0▼ $169,334
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$979,030--
Net Assets With Donor Restrictions$925,494--
Total Net Assets Fund Balance$1,904,524$0▼ $1,904,524
Total Liabilities and Net Assets / Fund Balance$2,073,858$0▼ $2,073,858

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$5,810-▲ $498$6,245-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa SimingtonChair
John SlavikDirector
Kimberly DyeDirector
Brenda TateCEO
Lori MonserratSecretary
Nancy MerollaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$904,513
Program Service Revenue
$0
Investment Income
$82,831
Other Revenue
$32
All Other Contributions
$841,460
Change in Net Assets
$-505,277
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,135,068
Other Expenses$310,859
Salaries, Compensation, and Employee Benefits$46,726
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,135,068--$1,135,068
Fees for Services Other$93,570$67,758-$161,328
Other Salaries and Wages$33,861$1,047-$34,908
Payroll Taxes$8,903$275-$9,178
Other Expenses$8,425--$8,425
Fees for Service Investment Mgmnt Fees-$7,060-$7,060
Office Expenses$2,074$4,169-$6,243
All Other Expenses$5,698--$5,698
Occupancy$3,508$614-$4,122
Information Technology$2,649$74-$2,723
Insurance$1,546$1,137-$2,683
Other Employee Benefits$2,561$79-$2,640
Fees for Services Legal$342$1,441-$1,783
Travel-$1,340-$1,340
Total Functional Expenses$1,407,659$84,994$0$1,492,653
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
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 board of directors prior to filing with the irs.

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

A statement is signed annually by each board member stating that they have reviewed and accepted the organization's conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

Governing documents and annual tax returns are available to the general public upon request and may be available online.

Filing and Contact Details

Filer

Filer Name
Earn to Learn Fl Inc
EIN
45-2514055
Phone
2397894714
Address
9160 FORUM CORPORATE PKWY STE 321, FORT MYERS, FL 33905

Signing Officer

Name
Brenda Tate
Title
CEO
Phone
2397894714
Signed
2024-03-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brenda Tate
Formed
2011
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
28
Volunteers
6

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
Marc Whitfield CPA
Phone
2394331002
Supplemental Narrative

Additional Explanations

Form 990

Written consent of board of directors in lieu of meeting. The board of directors of the corporation determined it to be advisable and in the best interests of the corporation, and consistent with its purposes, to dissolve the corporation effective october 31, 2023.

Form 990, Page 2, Part III, Line 4A

Matched savings for education: students and their families who income- qualify are eligible to apply for a 1,3,or 4-year tuition scholarship upon completing personal finance training and opening a florida 529 savings account. The funds - etlfl matched savings for education scholarship plus florida 529 savings account - are used for tuition, books, fees, and other approved educational related expenses at a florida state university, college, or career and technical education center. Earn to learn fl leveraged a modest 100,000 u.s. Department of health & human resources (assets for independence) grant in 2016 into a viable and scalable program. Since then, etlfl has raised over 1.8 million in individual corporate, and academic institution philanthropy in florida to provide annually renewable matched savings for education scholarships to 125+ eligible students, with additional future student scholarships in inventory purchased and leveraged through partnership with the florida prepaid college foundation. In addition to scholarship funding, the eligible etlfl students will aim to save over 250,000 to invest in their education through fl 529 accounts, with additional 529 savings increasing with future scholarship recipients. Additional funding allows etlfl to further continue its strong success in leveraging funds, supporting sustainability and broadening the current program's scope to florida's other universities, colleges and career and technical education centers.

Form 990, Page 2, Part III, Line 4B

Near peer coaching for postsecondary success: etlfl trains and deploys near peer coaches to support income challenged students in the areas of postsecondary access, personal finance training, and career planning. Near peer coaches support student preparation and success strategies to successfully pursue their higher education. Etlfl recruits, trains, and deploys near peer success coaches (americorps members) to provide near-peer interventions to disadvantaged high school students and first-generation college students. By the end of each program year (august 1 - july 31), the near peer success coaches are responsible for providing individual higher education advisory interventions to students to successfully complete 1) personal finance training, 2) career plan development, 3) college and majors list development, 4) postsecondary application strategy, and 5) scholarship and financial aid strategy. The near peer success coaches also leverage career guidance counselors engaged in implementing college and career fairs, conducting group workshops, and facilitating college visits to a broader population of students at each partner service site. Each year, opportunities to earn etlfl matched savings for education scholarships are offered to high school seniors with priority given to students who have been near peer success coached. All scholarship recipients are required to complete personal finance training and open a fl 529 savings account prior to their scholarship award and to continue working with a near peer success coach after their scholarship award.

Form 990, Part IX, Line 11G

Payroll fees 1,075 779 0 professional fees 92,495 66,979 0 total 93,570 67,758 0

Form 990, Part XI, Line 9

Assets transferred to: 0 florida prepaid college -426,412 boys & girls club suncoast -972,835 total -1,399,247 assets were transferred to 2 non-profits under a plan of liquidation

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IRS990/ProgSrvcAccomActy2Grp/Desc0NEAR PEER COACHING FOR POSTSECONDARY SUCCESS: ETLFL TRAINS AND DEPLOYS NEAR PEER COACHES TO SUPPORT INCOME CHALLENGED STUDENTS IN THE AREAS OF POSTSECONDARY ACCESS, PERSONAL FINANCE TRAINING, AND CAREER PLANNING. NEAR PEER COACHES SUPPORT STUDENT PREPARATION AND SUCCESS STRATEGIES TO SUCCESSFULLY PURSUE THEIR HIGHER EDUCATION. ETLFL RECRUITS, TRAINS, AND DEPLOYS NEAR PEER SUCCESS COACHES (AMERICORPS MEMBERS) TO PROVIDE NEAR-PEER INTERVENTIONS TO DISADVANTAGED HIGH SCHOOL STUDENTS AND FIRST-GENERATION COLLEGE STUDENTS. BY THE END OF EACH PROGRAM YEAR (AUGUST 1 - JULY 31), THE NEAR PEER SUCCESS COACHES ARE RESPONSIBLE FOR PROVIDING INDIVIDUAL HIGHER EDUCATION ADVISORY INTERVENTIONS TO STUDENTS TO SUCCESSFULLY COMPLETE 1) PERSONAL FINANCE TRAINING, 2) CAREER PLAN DEVELOPMENT, 3) COLLEGE AND MAJORS LIST DEVELOPMENT, 4) POSTSECONDARY APPLICATION STRATEGY, AND 5) SCHOLARSHIP AND FINANCIAL AID STRATEGY. THE NEAR PEER SUCCESS COACHES ALSO LEVERAGE CAREER GUIDANCE COUNSELORS ENGAGED IN IMPLEMENTING COLLEGE AND CAREER FAIRS, CONDUCTING GROUP WORKSHOPS, AND FACILITATING COLLEGE VISITS TO A BROADER POPULATION OF STUDENTS AT EACH PARTNER SERVICE SITE. EACH YEAR, OPPORTUNITIES TO EARN ETLFL MATCHED SAVINGS FOR EDUCATION SCHOLARSHIPS ARE OFFERED TO HIGH SCHOOL SENIORS WITH PRIORITY GIVEN TO STUDENTS WHO HAVE BEEN NEAR PEER SUCCESS COACHED. ALL SCHOLARSHIP RECIPIENTS ARE REQUIRED TO COMPLETE PERSONAL FINANCE TRAINING AND OPEN A FL 529 SAVINGS ACCOUNT PRIOR TO THEIR SCHOLARSHIP AWARD AND TO CONTINUE WORKING WITH A NEAR PEER SUCCESS COACH AFTER THEIR SCHOLARSHIP AWARD.
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IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0NO AMOUNTS PAID IN PRIOR TO 2018.
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt1NO LOBBYING ACTIVITIES IN 2023
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE C, PART II-A
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE C, PART II-B, LINE 1
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21123750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS-COMMUNITY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SCHOLARSHIPS-AG/FGCU
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2SCHOLARSHIPS-FL PREPAID
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc3TRANSFER OF FUNDS
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt0COLLEGE FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12023-12-08
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22023-12-27
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501C(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501C(3)
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0BOYS GIRLS CLUB
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1BOYS GIRLS CLUB
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2BOYS GIRLS CLUB
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt14625 EAST BAY DRIVE STE 103
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt24625 EAST BAY DRIVE STE 103
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt34625 EAST BAY DRIVE STE 103
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