Civic Intelligence

Shirley Proctor Puller Foundation Inc

EIN 46-4930592 • 501(c)3 • Saint Petersburg, FL

Profile

The mission is to advance literacy and help close the achievement gap for students in South St.Petersburg. The vision is a fully engaged, highly literate youth population who have achieved excellence in reading, math science, resulting in unlimited postgraduate opportunities.

4133 Cortez Way SouthSaint Petersburg, FL 33712

www.sppf.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

78th percentile

26%

Higher net margin than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

93rd percentile

72%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

45%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,791,368

Up $752,726 (+72%) from 2023

Liabilities

Up

$38,784

Up $15,734 (+68%) from 2023

Net Assets

Up

$1,752,584

Up $736,992 (+73%) from 2023

Revenue

Up

$2,888,279

Up $891,150 (+45%) from 2023

Expenses

Up

$2,151,287

Up $483,989 (+29%) from 2023

Net Income

Up

$736,992

Up $407,161 (+123%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2016: $12,817Liabilities 2016: $1,4942016Assets 2017: $27,559Net Assets 2017: $27,5592017Assets 2018: $11,867Net Assets 2018: $11,8672018Assets 2019: $93,840Liabilities 2019: $131,521Net Assets 2019: -$37,6812019Assets 2020: $128,233Liabilities 2020: $21,464Net Assets 2020: $106,7692020Assets 2021: $560,012Liabilities 2021: $15,373Net Assets 2021: $544,6392021Assets 2022: $704,793Liabilities 2022: $19,032Net Assets 2022: $685,7612022Assets 2023: $1,038,642Liabilities 2023: $23,050Net Assets 2023: $1,015,5922023Assets 2024: $1,791,368Liabilities 2024: $38,784Net Assets 2024: $1,752,5842024

Highlighted filing

2024

Assets$1,791,368
Liabilities$38,784
Net Assets$1,752,584

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $168,546Expenses 2016: $174,931Net Income 2016: -$6,3852016Revenue 2017: $129,377Expenses 2017: $115,144Net Income 2017: $14,2332017Revenue 2018: $125,578Expenses 2018: $141,270Net Income 2018: -$15,6922018Revenue 2019: $178,533Expenses 2019: $227,485Net Income 2019: -$48,9522019Revenue 2020: $706,714Expenses 2020: $562,264Net Income 2020: $144,4502020Revenue 2021: $1,341,658Expenses 2021: $903,788Net Income 2021: $437,8702021Revenue 2022: $1,519,984Expenses 2022: $1,378,862Net Income 2022: $141,1222022Revenue 2023: $1,997,129Expenses 2023: $1,667,298Net Income 2023: $329,8312023Revenue 2024: $2,888,279Expenses 2024: $2,151,287Net Income 2024: $736,9922024

Highlighted filing

2024

Revenue$2,888,279
Expenses$2,151,287
Net Income$736,992

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 4, 2025
Return Version
2024v5.2
Gross Receipts
$2,888,279
Mission and Program Overview

Mission

Provide free books to kids, one on one tutoring and a stem summer camp program.

The mission is to advance literacy and help close the achievement gap for students in South St.Petersburg. The vision is a fully engaged, highly literate youth population who have achieved excellence in reading, math science, resulting in unlimited postgraduate opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$173,866$688,063▲ $514,197
Land, Buildings, and Equipment, Net$487,070$413,076▼ $73,994
Cash and Non-Interest-Bearing Accounts$126,509$325,128▲ $198,619
Savings and Temporary Cash Investments$117,467$250,515▲ $133,048
Prepaid Expenses and Deferred Charges$112,277$85,542▼ $26,735
Investments in Publicly Traded Securities$21,453$29,044▲ $7,591
Total Assets$1,038,642$1,791,368▲ $752,726
Liabilities
Accounts Payable and Accrued Expenses$14,300$38,784▲ $24,484
Deferred Revenue$8,750--
Other Liabilities$0$0→ $0
Total Liabilities$23,050$38,784▲ $15,734
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$965,592$900,707▼ $64,885
Net Assets With Donor Restrictions$50,000$851,877▲ $801,877
Total Net Assets Fund Balance$1,015,592$1,752,584▲ $736,992
Total Liabilities and Net Assets / Fund Balance$1,038,642$1,791,368▲ $752,726

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$265,614$199,293$464,907
Leasehold Improvements$142,711$57,149$199,860
Equipment$4,751$0$4,751
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mario FariasBoard Chair
Lisset HanewiczVice Chair
Cosey Proctor JrBoard Member
Donna CothronBoard Member
Kaley JohnsonBoard Member
LaTasha BarnesBoard Member
Linda LernerBoard Member
Paul SteinhauserBoard Member
Virginia ValenoteBoard Member
Vivian FueyoBoard Member
Bridgette HellerCEO
Laura AskewSecretary
William PullerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,854,468
Program Service Revenue
$26,170
Investment Income
$7,638
Other Revenue
$3
All Other Contributions
$1,554,470
Change in Net Assets
$736,992

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table999$22,657fair market value
Food Inventory999$13,725fair market value
Other Non Cash Contri Table999$2,348fair market value
Total Noncash Contributions2,997$38,730-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,888,279
Revenue Not Reported on Form 990
$246,287
Total Revenue per Audited Statements
$3,134,566
Total Revenue per Form 990
$2,888,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,350,868
Other Expenses$793,715
Grants and Similar Amounts Paid$6,704
Total Fundraising Expense$2,582
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,113,334$98,175$0$1,211,509
All Other Expenses$211,470$29,359$1,509$242,338
Depreciation Depletion$109,245$0$0$109,245
Payroll Taxes$86,476$7,436$0$93,912
Insurance$85,090$6,524$0$91,614
Occupancy$51,965$1,095$0$53,060
Other Employee Benefits$20,527$10,776$0$31,303
Other Expenses$30,644$0$0$30,644
Office Expenses$5,675$22,466$660$28,801
Fees for Services Accounting$0$22,654$0$22,654
Information Technology$18,821$1,996$0$20,817
Pension Plan Contributions$11,958$2,186$0$14,144
Grants to Domestic Individuals$6,704--$6,704
Advertising$718$3,677$13$4,408
Total Functional Expenses$1,912,296$236,409$2,582$2,151,287

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,397,574
Expenses per Audited Statements$2,151,287
Total Expenses per Form 990$2,151,287
Expenses Not Reported on Form 990$246,287
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
None$0
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 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
Filing and Contact Details

Filer

Filer Name
Shirley Proctor Puller Foundation Inc
EIN
46-4930592
Phone
7274908687
Address
4133 Cortez Way South, Saint Petersburg, FL 33712

Signing Officer

Name
Bridgette Heller
Title
CEO
Phone
7274908687
Signed
2025-04-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bridgette Heller
Formed
2014
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
88
Volunteers
30

Preparer

Firm
Ellen Fontana CPA LLC
Address
2451 Mcmullen Booth Road 309, Clearwater, FL 33759
Preparer
Ellen Fontana
Phone
7274310354
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Board member William Puller is the father of CEO Bridgette Heller. Board member Cosey Proctor, Jr. is the brother of CEO Bridgette Heller and son of board member William Puller.

Pt VI, Line 11B

Form 990 is emailed to all Board Members for review prior to filing.

Pt VI, Line 12C

The CEO monitors all spending to stay below level of materiality with any organization. The CEO informs the Board of any sizable new vendor or relationship (e.g. banks, food providers, etc.) to enable conflict of interest disclosure. At each Board meeting, all potential conflicts of interest are addressed by the Board with appropriate action taken in accordance with policy.

Pt VI, Line 15A

No key employees or compensated officers.

Pt VI, Line 15B

No key employees or compensated officers.

Pt VI, Line 18

Form 1023 and Form 990 available upon request. 990 also available on Guidestar.

Pt VI, Line 19

Governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Other

Part III - Statement of Program Service Accomplishments Improving academic achievement contributes to breaking the cycle of generational poverty and economic immobility, which in turn leads to better long-term health outcomes. The Shirley Proctor Puller Foundation offers a continuum of educational interventions designed to ensure that students in the at-risk community of south St. Petersburg reach grade level reading and math proficiency, successfully navigate the transition from middle school to high school and learn critical career, financial literacy and life skills. These academic supports are offered in a safe environment that benefits both the students and their families and includes healthy meals and snacks, transportation, connections to community resources and health/wellness programming. SPPF has a measurable history of success helping students improve literacy and in 2023 launched a new initiative, the High School M.A.S.T.R. Plan to further support middle school students as they prepare for the challenges of high school and beyond. SPPF has proven expertise and success in securing academic improvements among the diverse students in the community. Since inception, 65%-80% of SPPF M.A.S.T.R. Kids Program scholars have avoided the summer slide each summer. For the academic year ending July 2024, 137 scholars completed pre- and post- i-Ready assessments, with the following results: Total population: 42% improved by 1 grade level and 18% improved by 2 or more grade levels - Scholars starting below grade level (n=110): 42% increased by 1 grade level and 21% increased by 2 or more grade levels Scholars in the program for 12 months (n=73): grade-level reading increased from 27% to 70% (i-Ready pre- and post-assessments) 70% of scholars avoided summer learning loss (i-Ready pre-and post-assessments) In addition, all middle school students participating regularly in the SPPF High School M.A.S.T.R. Plan program remained actively engaged in school with an average GPA of 3.4 From 1/1/24 - 12/31/24: SPPF provided academically focused out-of-school time programming to 233 scholars across two program locations in After School and Summer sessions. Those 233 scholars collectively attended 23,271 days and were present for 34,824 hours of instructional time. Approximately 150 unduplicated scholars and families participated in group mental health activities facilitated by our partner Great Reach Alliance of Counselors and Educators (GRACE), with 840 interactions. We provided transportation from more than 20 community schools. Our academic enrichment services were provided to students in the South St. Petersburg Community Redevelopment Area, with a focus on the 33705, 33711 and 33712 zip codes. In our most recent academic year: 83% of students resided in the 3 target zip codes 51% Female, 49% Male - 86% ages 5 - 12, 14% ages 13 - 16 - 69% of scholars were from Female Single Parent Households - 36% of households reported income at or below the poverty level, 52% were within ALICE thresholds, meaning they are working families who do not earn enough to cover basic necessities in our region.

Form 990, Part IX, Line 24E

Training and conferences 29775. 8418. 21098. 259.

Form 990, Part IX, Line 24E

Participant transportation 16348. 16348. 0. 0.

Form 990, Part IX, Line 24E

Printing and postage 5352. 4477. 437. 438.

Form 990, Part IX, Line 24E

Website 1557. 0. 1557. 0.

Form 990, Part IX, Line 24E

Curriculum 98688. 98688. 0. 0.

Form 990, Part IX, Line 24E

Food & snacks 25791. 25791. 0. 0.

Form 990, Part IX, Line 24E

Other supplies 26064. 23760. 1492. 812.

Form 990, Part IX, Line 24E

In-kind food 13725. 13725. 0. 0.

Form 990, Part IX, Line 24E

In-kind software 22657. 19633. 3024. 0.

Form 990, Part IX, Line 24E

In-kind other 2348. 630. 1718. 0.

Form 990, Part IX, Line 24E

Other 33. 0. 33. 0.

Financial Statement Notes

Pt X, Line 2

SPPF is a nonprofit organization as defined in Section 501(c)(3) of the Internal Revenue Code and therefore has made no provision for federal income taxes in the accompanying financial statements. SPPFs evaluation on December 31, 2024 and 2023, revealed no uncertain tax positions that would have a material impact on the financial statements. SPPF does not believe that any reasonably possible changes in tax positions will occur within the next twelve months that will have a material impact on the financial statements.

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IRS990/MissionDesc0The mission is to advance literacy and help close the achievement gap for students in South St.Petersburg. The vision is a fully engaged, highly literate youth population who have achieved excellence in reading, math science, resulting in unlimited postgraduate opportunities.
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IRS990/PrincipalOfficerNm0Bridgette Heller
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: Adjustment on loan balance 2021: 3280. Description: Payroll tax credit 2022: 73112. Description: Insurance proceeds on car repair 2022: 1124. Description: Miscellaneous 2022: 281. 2023: 2. 2024: 3.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
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