Civic Intelligence

Florida Polytechnic University Foundation Inc.

990 • Fiscal year 2015 • EIN 46-1426289

Jul 01, 2014 to Jun 30, 2015 • Filed on Sep 24, 2015

4700 Research WayLakeland, FL 33805

(863) 874-8416

Siviq Scores

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

Liabilities / Assets

78th percentile

0.57x

Higher debt load relative to assets than 78% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

80th percentile

0.96x

Higher debt load relative to revenue than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

22nd percentile

-6.3%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

3rd percentile

-26%

Faster asset growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

76%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Flat

$5,255,665

Flat from 2015

Net Assets

Flat

$2,276,610

Flat from 2015

Liabilities

Flat

$2,979,055

Flat from 2015

Revenue

Flat

$3,104,007

Flat from 2015

Expenses

Flat

$3,298,857

Flat from 2015

Net Income

Flat

-$194,850

Flat from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2013: $5,281,817Liabilities 2013: $7,604Net Assets 2013: $5,274,2132013Assets 2014: $7,117,652Liabilities 2014: $4,638,340Net Assets 2014: $2,479,3122014Assets 2015: $5,255,665Liabilities 2015: $2,979,055Net Assets 2015: $2,276,6102015Assets 2015: $5,255,665Liabilities 2015: $2,979,055Net Assets 2015: $2,276,6102015Assets 2016: $7,771,292Liabilities 2016: $4,284,176Net Assets 2016: $3,487,1162016Assets 2017: $8,107,054Liabilities 2017: $8,859,115Net Assets 2017: -$752,0612017Assets 2018: $7,091,332Liabilities 2018: $8,119,479Net Assets 2018: -$1,028,1472018Assets 2019: $6,869,877Liabilities 2019: $2,783,589Net Assets 2019: $4,086,2882019Assets 2020: $6,935,899Liabilities 2020: $3,105,631Net Assets 2020: $3,830,2682020Assets 2021: $8,498,685Liabilities 2021: $2,777,616Net Assets 2021: $5,721,0692021Assets 2022: $9,127,094Liabilities 2022: $2,782,144Net Assets 2022: $6,344,9502022Assets 2023: $13,652,470Liabilities 2023: $2,289,258Net Assets 2023: $11,363,2122023

Highlighted filing

2015

Assets$5,255,665
Liabilities$2,979,055
Net Assets$2,276,610

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2013: $5,274,213Expenses 2013: $0Net Income 2013: $5,274,2132013Revenue 2014: $1,762,324Expenses 2014: $4,557,225Net Income 2014: -$2,794,9012014Revenue 2015: $3,104,007Expenses 2015: $3,298,857Net Income 2015: -$194,8502015Revenue 2015: $3,104,007Expenses 2015: $3,298,857Net Income 2015: -$194,8502015Revenue 2016: $4,197,952Expenses 2016: $3,326,611Net Income 2016: $871,3412016Revenue 2017: $1,146,276Expenses 2017: $5,444,677Net Income 2017: -$4,298,4012017Revenue 2018: $1,671,478Expenses 2018: $2,051,526Net Income 2018: -$380,0482018Revenue 2019: $841,356Expenses 2019: $1,131,151Net Income 2019: -$289,7952019Revenue 2020: $775,918Expenses 2020: $1,010,137Net Income 2020: -$234,2192020Revenue 2021: $2,248,809Expenses 2021: $1,041,082Net Income 2021: $1,207,7272021Revenue 2022: $3,454,708Expenses 2022: $1,295,679Net Income 2022: $2,159,0292022Revenue 2023: $6,503,828Expenses 2023: $1,403,994Net Income 2023: $5,099,8342023

Highlighted filing

2015

Revenue$3,104,007
Expenses$3,298,857
Net Income-$194,850
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 24, 2015
Return Version
2014v5.0
Gross Receipts
$3,189,374
Mission and Program Overview

Mission

Established to help sustain the mission of florida polytechnic university to educate students emphasizing science, technology, engineering and mathematics (stem) in an innovative, technology-rich, and interdisciplinary learning environment.

Established to help sustain the mission of florida polytechnic university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,826,301$4,639,008▼ $1,187,293
Pledges and Grants Receivable$689,944$616,657▼ $73,287
Cash and Non-Interest-Bearing Accounts$601,407--
Total Assets$7,117,652$5,255,665▼ $1,861,987
Liabilities
Deferred Revenue$4,302,800$2,750,000▼ $1,552,800
Other Liabilities$250,000$210,534▼ $39,466
Accounts Payable and Accrued Expenses$85,540$18,521▼ $67,019
Total Liabilities$4,638,340$2,979,055▼ $1,659,285
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,820,341$1,300,424▼ $519,917
Unrestricted Net Assets$593,790$784,555▲ $190,765
Permanently Rstr Net Assets$65,181$191,631▲ $126,450
Total Net Assets Fund Balance$2,479,312$2,276,610▼ $202,702
Total Liabilities and Net Assets / Fund Balance$7,117,652$5,255,665▼ $1,861,987
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,030,406
Program Service Revenue
$0
Investment Income
$114,768
Other Revenue
$-41,167
All Other Contributions
$1,954,236
Change in Net Assets
$-194,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,096,155
Revenue Not Reported on Financial Statements
$7,852
Revenue Not Reported on Form 990
$85,367
Other Revenue Adjustments
$7,852
Total Revenue per Audited Statements
$3,181,522
Total Revenue per Form 990
$3,104,007
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,010,485
Other Expenses$288,372
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,010,485--$3,010,485
Fees for Services Other-$268,000-$268,000
Office Expenses-$7,624-$7,624
Travel-$4,188-$4,188
Fees for Services Legal-$4,029-$4,029
Insurance-$2,466-$2,466
Other Expenses-$845-$845
Total Functional Expenses$3,010,485$288,372$0$3,298,857

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,384,224
Expenses per Audited Statements$3,298,857
Total Expenses per Form 990$3,298,857
Expenses Not Reported on Form 990$85,367
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Florida Polytechnic UniversityLakeland, FL501(c)(1)Student Scholarships and University Salaries$3,010,485
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$85,367
Fundraising Gross Income$44,200
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scholarship Gala$1,120,370$44,200$7,052$37,148
Total Events$1,120,370$44,200$85,367$-41,167
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Bank Overdraft - See Explaination in Part Xiii$210,534
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Part VI, Section B, Line 11

The foundation board of directors reviews the form 990 at its monthly foundation board meeting that most closely follows the completion of the document. However, at the request of a donor, the copy of the 990 reviewed by the board of directors does not include the names and addresses of the contributors on schedule b.

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

The foundation board of directors addressess conflict of interest on an annual basis at a monthly foundation board meeting. Members are asked to complete the conflict of interest disclosure form. If conflicts arise, members abstain from voting on any issues related to the matter or relationship of conflict

Form 990, Part VI, Section C, Line 19

The organization makes its government documents, conflict of interest policy, and financial statements available upon request

Filing and Contact Details

Filer

Filer Name
Florida Polytechnic University Foundation Inc
EIN
46-1426289
Phone
8638748416
Address
4700 RESEARCH WAY, LAKELAND, FL 33805

Signing Officer

Name
Lindsay Zimmerman
Title
Interim Director
Phone
8638748416
Signed
2015-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lindsay Zimmerman
Formed
2012
Legal Domicile
Fl
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Cliftonlarsonallen Llp
Address
402 SOUTH KENTUCKY AVENUE SUITE 600, LAKELAND, FL 33801
Preparer
Michael Carter
Phone
8636805600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Allowance for uncollectible pledges -7,852.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the foundation's tax-exempt purpose is subject to taxation as unrelated business income. In addition, the foundation qualifies for the charitable contribution deduction under section 170(b)(1)(a)(iv).

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising event expenses 85,367.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Allowance for uncollectible pledges 7,852.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising event expenses 85,367.

Part X, Line 1 - Bank Overdraft

At june 30, 2015 the foundation's book balance of cash is $0 and there is an overdraft of 210,534. The overdraft is the result of an error in the university finance department's document processing and subquent late deposit resulting in a timing difference between the deposit of a check by the university on june 30, 2015 and the necessary sale foundation investments. On july 1, 2015 the foundation processed the needed sale of investments resulting in a positive cash balance.

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

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ESTABLISHED TO HELP SUSTAIN THE MISSION OF FLORIDA POLYTECHNIC UNIVERSITY TO EDUCATE STUDENTS EMPHASIZING SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) IN AN INNOVATIVE, TECHNOLOGY-RICH, AND INTERDISCIPLINARY LEARNING ENVIRONMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02479312
IRS990/NetAssetsOrFundBalancesEOYAmt02276610
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-41167
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-41167
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07624
IRS990/OfficeExpensesGrp/TotalAmt07624
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-7852
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01220
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1845
IRS990/OtherExpensesGrp/TotalAmt01220
IRS990/OtherExpensesGrp/TotalAmt1845
IRS990/OtherLiabilitiesGrp/BOYAmt0250000
IRS990/OtherLiabilitiesGrp/EOYAmt0210534
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt065181
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0191631
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0689944
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0616657
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LINDSAY ZIMMERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01754478
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04471539
IRS990/PYInvestmentIncomeAmt07846
IRS990/PYOtherExpensesAmt085686
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2794901
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt04557225
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01762324
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-194850
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION MADE A CHANGE IN ACCOUNTING PERIOD RESULTING IN A SECOND SHORT YEAR REPORTING PERIOD FOR THE 2013 FORM 990. THE 2013 COLUMN IN PART II INCLUDES REPORTABLE INCOME FROM JANUARY 1, 2013 THROUGH JUNE 30, 2014.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART IV
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03030406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07028691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010059097
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0114768
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt07846
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0122614
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt044200
IRS990ScheduleA/PublicSupportTotal170Amt08066365
IRS990ScheduleA/SubstantialContributorsTotAmt01992732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03030406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07028691
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010059097
IRS990ScheduleA/TotalSupportAmt010181711
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/ExpensesNotReportedAmt085367
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03298857
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt085367
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0210534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0BANK OVERDRAFT - SEE EXPLAINATION IN PART XIII
IRS990ScheduleD/OtherRevenueAmt085367
IRS990ScheduleD/OtherRevenuesNotIncludedAmt07852
IRS990ScheduleD/RevenueNotReportedAmt085367
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt07852
IRS990ScheduleD/RevenueSubtotalAmt03096155
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(IV).
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT FUNDRAISING EVENT EXPENSES 85,367.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2ALLOWANCE FOR UNCOLLECTIBLE PLEDGES 7,852.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DIRECT FUNDRAISING EVENT EXPENSES 85,367.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4AT JUNE 30, 2015 THE FOUNDATION'S BOOK BALANCE OF CASH IS $0 AND THERE IS AN OVERDRAFT OF 210,534. THE OVERDRAFT IS THE RESULT OF AN ERROR IN THE UNIVERSITY FINANCE DEPARTMENT'S DOCUMENT PROCESSING AND SUBQUENT LATE DEPOSIT RESULTING IN A TIMING DIFFERENCE BETWEEN THE DEPOSIT OF A CHECK BY THE UNIVERSITY ON JUNE 30, 2015 AND THE NECESSARY SALE FOUNDATION INVESTMENTS. ON JULY 1, 2015 THE FOUNDATION PROCESSED THE NEEDED SALE OF INVESTMENTS RESULTING IN A POSITIVE CASH BALANCE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART X, LINE 1 - BANK OVERDRAFT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03298857
IRS990ScheduleD/TotalLiabilityAmt0210534
IRS990ScheduleD/TotalRevenuePerForm990Amt03104007
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03181522
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03384224
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01076170
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt01076170
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt085367
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt042329
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt042329
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SCHOLARSHIP GALA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt021507
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt021507
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01120370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01120370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044200
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044200
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-41167
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07052
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07052
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014479
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014479
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt03010485
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(1)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0STUDENT SCHOLARSHIPS AND UNIVERSITY SALARIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FLORIDA POLYTECHNIC UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0460764837
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04700 RESEARCH WAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0LAKELAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0FL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd033805
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BOARD OF DIRECTORS REVIEWS THE FORM 990 AT ITS MONTHLY FOUNDATION BOARD MEETING THAT MOST CLOSELY FOLLOWS THE COMPLETION OF THE DOCUMENT. HOWEVER, AT THE REQUEST OF A DONOR, THE COPY OF THE 990 REVIEWED BY THE BOARD OF DIRECTORS DOES NOT INCLUDE THE NAMES AND ADDRESSES OF THE CONTRIBUTORS ON SCHEDULE B.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION BOARD OF DIRECTORS ADDRESSESS CONFLICT OF INTEREST ON AN ANNUAL BASIS AT A MONTHLY FOUNDATION BOARD MEETING. MEMBERS ARE ASKED TO COMPLETE THE CONFLICT OF INTEREST DISCLOSURE FORM. IF CONFLICTS ARISE, MEMBERS ABSTAIN FROM VOTING ON ANY ISSUES RELATED TO THE MATTER OR RELATIONSHIP OF CONFLICT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNMENT DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALLOWANCE FOR UNCOLLECTIBLE PLEDGES -7,852.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FLORIDA POLYTECHNIC UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0460764837
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNIVERSITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt04700 RESEARCH WAY
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033805
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00

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