Civic Intelligence

Florida Polytechnic University Foundation Inc.

990 • Fiscal year 2017 • EIN 46-1426289

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 08, 2018

Organization ProfileWWW.FLORIDAPOLYTECHNIC.ORG
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

94th percentile

1.09x

Higher debt load relative to assets than 94% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

96th percentile

7.73x

Higher debt load relative to revenue than 96% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

1st percentile

-375%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

52nd percentile

4.3%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

2nd percentile

-73%

Faster revenue growth than 2% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$8,107,054

Up $335,762 (+4.3%) from 2016

Net Assets

Down

-$752,061

Down $4,239,177 (-122%) from 2016

Liabilities

Up

$8,859,115

Up $4,574,939 (+107%) from 2016

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin1st percentile

Revenue

Down

$1,146,276

Down $3,051,676 (-73%) from 2016

Expenses

Up

$5,444,677

Up $2,118,066 (+64%) from 2016

Net Income

Down

-$4,298,401

Down $5,169,742 (-593%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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 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

2017

Assets$8,107,054
Liabilities$8,859,115
Net Assets-$752,061
Open 2017 Filing

Operations Trend

Revenue Growth2nd percentile

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 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

2017

Revenue$1,146,276
Expenses$5,444,677
Net Income-$4,298,401
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 8, 2018
Return Version
2016v3.0
Gross Receipts
$1,859,418
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$4,720,713$6,364,404▲ $1,643,691
Pledges and Grants Receivable$2,619,494$1,340,139▼ $1,279,355
Cash and Non-Interest-Bearing Accounts$431,085$402,511▼ $28,574
Total Assets$7,771,292$8,107,054▲ $335,762
Liabilities
Unsecured Notes Loans Payable$1,300,000$4,698,053▲ $3,398,053
Deferred Revenue$2,750,000$2,750,000→ $0
Other Liabilities$233,374$1,207,763▲ $974,389
Accounts Payable and Accrued Expenses$802$203,299▲ $202,497
Total Liabilities$4,284,176$8,859,115▲ $4,574,939
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,115,986$840,397▼ $275,589
Permanently Rstr Net Assets$674,836$839,763▲ $164,927
Unrestricted Net Assets$1,696,294$-2,432,221▼ $4,128,515
Total Net Assets Fund Balance$3,487,116$-752,061▼ $4,239,177
Total Liabilities and Net Assets / Fund Balance$7,771,292$8,107,054▲ $335,762
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleOtherTotal
Steve Warner PhdDirector$145,485$145,485
Kathryn MizereckDirector$34,702$34,702

Board Members and Trustees

NameTitle
Loretta SandersChair
Alice HuntDirector
Blake PaulDirector
David MannDirector
Donna SlysterDirector
Dr Michael TolentinoDirector
Ford HeacockDirector
Gregory FancelliDirector
Lauren SchwenkDirector
Ralph AllenDirector
Rob KincartDirector
Sam DavidsonDirector
Seretha TinsleyDirector
Shelley RobinsonDirector
Sijo ParekattilDirector
Todd BaylisDirector
Vic StoryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,171,607
Program Service Revenue
$0
Investment Income
$94,649
Other Revenue
$-119,980
All Other Contributions
$690,680
Change in Net Assets
$-4,298,401

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,358,144
Revenue Not Reported on Financial Statements
$-211,868
Revenue Not Reported on Form 990
$258,575
Other Revenue Adjustments
$-211,868
Total Revenue per Audited Statements
$1,616,719
Total Revenue per Form 990
$1,146,276
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,095,192
Other Expenses$349,485
Total Fundraising Expense$40,065
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,095,192--$5,095,192
Fees for Services Other$280,349--$280,349
Office Expenses-$5,109$26,301$31,410
Fees for Services Accounting-$16,374-$16,374
Conferences and Meetings--$10,267$10,267
Travel-$4,016-$4,016
Insurance--$2,434$2,434
Information Technology-$2,138-$2,138
All Other Expenses-$1,434-$1,434
Advertising--$1,063$1,063
Total Functional Expenses$5,375,541$29,071$40,065$5,444,677

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,855,896
Expenses per Audited Statements$5,444,677
Total Expenses per Form 990$5,444,677
Expenses Not Reported on Form 990$411,219
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Florida Polytechnic UniversityLakeland, FLState of FloridaStudent Scholarships and University Salaries$5,090,192
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$211,868
Fundraising Gross Income$91,888
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pivot 2017$496,651$70,445$91,831$-21,386
Wise 2017$76,164$21,443$4,441$17,002
Total Events$572,815$91,888$211,868$-119,980
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Florida Polytechnic University$1,207,763
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 11B

“A complete copy of the 990 is provided to every member of the board of directors for review prior to being filed with the irs.”

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

“In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest and all material facts to the directors and members of committees with board-delegated powers considering the proposed transactions or arrangement. The remaining board or committee members shall decide whether a conflict of interest exists. An interested person may make a presentation at the board or committee meeting, but after such presentation, he or she shall be invited and allowed (but not required) to leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. The chair of the board or the committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or committee shall determine whether the foundation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors or members in attendance whether to enter into the transaction despite the conflict of interest.”

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
EIN
46-1426289
Phone
8638748416
Address
4700 RESEARCH WAY, LAKELAND, FL 33805

Signing Officer

Name
Derek Horton
Title
Foundation Treasurer
Phone
8638748416
Signed
2018-03-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Aspegren
Formed
2012
Legal Domicile
Fl
Voting Board Members
18
Independent Board Members
17
Employees
0
Volunteers
36

Preparer

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

Additional Explanations

FORM 990, PART XI, LINE 9:

“Write off of uncollectible pledges 59,224.”

Financial Statement Notes

PART X, LINE 2:

“The foundation adopted the income tax standard for uncertain tax positions on january 1, 2009. As a result of the implementation, the foundation determined there were no uncertain tax position for which either recognition or disclosure is required in the financial statements”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Write off of uncollectible pledges 59,224.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Direct fundraising event expenses -211,868.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct fundraising event expenses 211,868.”

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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/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0480927
IRS990/FundraisingDirectExpensesAmt0211868
IRS990/FundraisingGrossIncomeAmt091888
IRS990/GainOrLossGrp/SecuritiesAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt05095192
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt05095192
IRS990/GrantsToDomesticOrgsGrp/TotalAmt05095192
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0501274
IRS990/GrossReceiptsAmt01859418
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02138
IRS990/InformationTechnologyGrp/TotalAmt02138
IRS990/InsuranceGrp/FundraisingAmt02434
IRS990/InsuranceGrp/TotalAmt02434
IRS990/InvestmentIncomeGrp/ExclusionAmt094649
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094649
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04720713
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06364404
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0501274
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
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/NetAssetsOrFundBalancesBOYAmt03487116
IRS990/NetAssetsOrFundBalancesEOYAmt0-752061
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-119980
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-119980
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt026301
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05109
IRS990/OfficeExpensesGrp/TotalAmt031410
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt059224
IRS990/OtherLiabilitiesGrp/BOYAmt0233374
IRS990/OtherLiabilitiesGrp/EOYAmt01207763
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0674836
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0839763
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02619494
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01340139
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KEVIN ASPEGREN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04289043
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02969339
IRS990/PYInvestmentIncomeAmt071610
IRS990/PYOtherExpensesAmt0357272
IRS990/PYOtherRevenueAmt0-162701
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0871341
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03326611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04197952
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4298401
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01157618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04289043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03030406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt07028691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015505758
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt094649
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt071610
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0114768
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07846
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0288873
IRS990ScheduleA/PublicSupportCY170Pct00.82850
IRS990ScheduleA/PublicSupportTotal170Amt013085819
IRS990ScheduleA/SubstantialContributorsTotAmt02419939
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01157618
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04289043
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03030406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt07028691
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015505758
IRS990ScheduleA/TotalSupportAmt015794631
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
IRS990ScheduleC/DirectContactLegislatorsInd00
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind01
IRS990ScheduleC/OtherActivitiesAmt0246836
IRS990ScheduleC/OtherActivitiesInd01
IRS990ScheduleC/PaidStaffOrManagementInd00
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsInd00
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0PAYMENT TO LOBBYIST FOR REPRESENTATION WITH LEGISLATORS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0PART II-B, LINE 1:
IRS990ScheduleC/TotalLobbyingExpendituresAmt0246836
IRS990ScheduleC/VolunteersInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0199351
IRS990ScheduleD/DonatedServicesUseFcltsAmt0199351
IRS990ScheduleD/ExpensesNotReportedAmt0411219
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt05444677
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0211868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01207763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FLORIDA POLYTECHNIC UNIVERSITY
IRS990ScheduleD/OtherRevenueAmt059224
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-211868
IRS990ScheduleD/RevenueNotReportedAmt0258575
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-211868
IRS990ScheduleD/RevenueSubtotalAmt01358144
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS ON JANUARY 1, 2009. AS A RESULT OF THE IMPLEMENTATION, THE FOUNDATION DETERMINED THERE WERE NO UNCERTAIN TAX POSITION FOR WHICH EITHER RECOGNITION OR DISCLOSURE IS REQUIRED IN THE FINANCIAL STATEMENTS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1WRITE OFF OF UNCOLLECTIBLE PLEDGES 59,224.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT FUNDRAISING EVENT EXPENSES -211,868.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3DIRECT FUNDRAISING EVENT EXPENSES 211,868.
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/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt05444677
IRS990ScheduleD/TotalLiabilityAmt01207763
IRS990ScheduleD/TotalRevenuePerForm990Amt01146276
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01616719
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05855896
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0480927
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0426206
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt054721
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0211868
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt014500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt02500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt017000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PIVOT 2017
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WISE 2017
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt050976
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt016561
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt067537
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0496651
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt076164
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0572815

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,107,054
Liabilities
$8,859,115
Net assets
-$752,061
Revenue
$1,146,276
Expenses
$5,444,677
Net income
-$4,298,401
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$13.7$2.29$11.4$6.50$1.40$5.10
2022Summary only. Only limited summary data is available for this year.$9.13$2.78$6.34$3.45$1.30$2.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.50$2.78$5.72$2.25$1.04$1.21
2020Summary only. Only limited summary data is available for this year.$6.94$3.11$3.83$0.78$1.01$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.87$2.78$4.09$0.84$1.13$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$8.12$1.03$1.67$2.05$0.38
2017Detailed filing. Detailed filing data is available for this year.$8.11$8.86$0.75$1.15$5.44$4.30
2016Detailed filing. Detailed filing data is available for this year.$7.77$4.28$3.49$4.20$3.33$0.87
2015Summary only. Only limited summary data is available for this year.$5.26$2.98$2.28$3.10$3.30$0.19
2014Summary only. Only limited summary data is available for this year.$7.12$4.64$2.48$1.76$4.56$2.79
2013Detailed filing. Detailed filing data is available for this year.$5.28$0.01$5.27$5.27$0.00$5.27