Civic Intelligence

Florida Trucking Association Inc

990 • Fiscal year 2020 • EIN 59-0248607

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 14, 2021

350 E College AvenueTallahassee, FL 32301

(850) 222-9900

Siviq Scores

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

Liabilities / Assets

38th percentile

0.09x

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

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

54th percentile

0.23x

Higher debt load relative to revenue than 54% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Net Margin

15th percentile

-10%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

78th percentile

$238,792

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2020

Asset Growth

41st percentile

2.5%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

8th percentile

-47%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,967,046

Up $47,283 (+2.5%) from 2019

Net Assets

Up

$1,798,620

Up $6,957 (+0.4%) from 2019

Liabilities

Up

$168,426

Up $40,326 (+31%) from 2019

Revenue

Down

$723,730

Down $641,086 (-47%) from 2019

Expenses

Down

$796,588

Down $481,588 (-38%) from 2019

Net Income

Down

-$72,858

Down $159,498 (-184%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,703,120Liabilities 2010: $47,879Net Assets 2010: $1,655,2412010Assets 2011: $1,568,342Liabilities 2011: $44,508Net Assets 2011: $1,523,8342011Assets 2012: $1,587,057Liabilities 2012: $88,923Net Assets 2012: $1,498,1342012Assets 2013: $1,402,482Liabilities 2013: $44,617Net Assets 2013: $1,357,8652013Assets 2014: $1,373,992Liabilities 2014: $98,517Net Assets 2014: $1,275,4752014Assets 2015: $1,480,103Liabilities 2015: $192,789Net Assets 2015: $1,287,3142015Assets 2016: $1,442,042Liabilities 2016: $137,288Net Assets 2016: $1,304,7542016Assets 2017: $1,577,175Liabilities 2017: $119,901Net Assets 2017: $1,457,2742017Assets 2018: $1,694,582Liabilities 2018: $114,670Net Assets 2018: $1,579,9122018Assets 2019: $1,919,763Liabilities 2019: $128,100Net Assets 2019: $1,791,6632019Assets 2020: $1,967,046Liabilities 2020: $168,426Net Assets 2020: $1,798,6202020Assets 2021: $2,122,799Liabilities 2021: $112,084Net Assets 2021: $2,010,7152021Assets 2022: $2,203,488Liabilities 2022: $118,911Net Assets 2022: $2,084,5772022Assets 2023: $2,986,935Liabilities 2023: $205,853Net Assets 2023: $2,781,0822023Assets 2024: $3,510,422Liabilities 2024: $143,320Net Assets 2024: $3,367,1022024

Highlighted filing

2020

Assets$1,967,046
Liabilities$168,426
Net Assets$1,798,620

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $843,0982010Revenue 2011: $722,227Expenses 2011: $823,026Net Income 2011: -$100,7992011Expenses 2012: $820,4092012Revenue 2013: $687,479Expenses 2013: $787,588Net Income 2013: -$100,1092013Revenue 2014: $855,595Expenses 2014: $933,403Net Income 2014: -$77,8082014Revenue 2015: $952,541Expenses 2015: $971,024Net Income 2015: -$18,4832015Revenue 2016: $1,117,822Expenses 2016: $1,142,393Net Income 2016: -$24,5712016Revenue 2017: $1,263,545Expenses 2017: $1,177,006Net Income 2017: $86,5392017Revenue 2018: $1,363,193Expenses 2018: $1,182,624Net Income 2018: $180,5692018Revenue 2019: $1,364,816Expenses 2019: $1,278,176Net Income 2019: $86,6402019Revenue 2020: $723,730Expenses 2020: $796,588Net Income 2020: -$72,8582020Revenue 2021: $1,359,455Expenses 2021: $1,130,081Net Income 2021: $229,3742021Revenue 2022: $1,430,962Expenses 2022: $1,054,042Net Income 2022: $376,9202022Revenue 2023: $1,917,441Expenses 2023: $1,386,138Net Income 2023: $531,3032023Revenue 2024: $2,066,313Expenses 2024: $1,552,913Net Income 2024: $513,4002024

Highlighted filing

2020

Revenue$723,730
Expenses$796,588
Net Income-$72,858
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 14, 2021
Return Version
2020v4.0
Gross Receipts
$912,204
Mission and Program Overview

Mission

Promoting the interests, image, and safety of florida's trucking community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,357,898$1,652,316▲ $294,418
Cash and Non-Interest-Bearing Accounts$189,999$109,814▼ $80,185
Savings and Temporary Cash Investments$243,337$75,709▼ $167,628
Accounts Receivable$56,385$53,379▼ $3,006
Prepaid Expenses and Deferred Charges$43,230$53,310▲ $10,080
Land, Buildings, and Equipment, Net$28,914$21,670▼ $7,244
Total Assets$1,919,763$1,967,046▲ $47,283
Other Assets Total-$848-
Liabilities
Deferred Revenue$119,832$166,380▲ $46,548
Accounts Payable and Accrued Expenses$8,268$2,046▼ $6,222
Total Liabilities$128,100$168,426▲ $40,326
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,791,663$1,798,620▲ $6,957
Total Net Assets Fund Balance$1,791,663$1,798,620▲ $6,957
Total Liabilities and Net Assets / Fund Balance$1,919,763$1,967,046▲ $47,283

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,657$226,954$244,611
Equipment$4,013$76,302$80,315
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenneth S Armstrong JrPresident &FT$238,792-$238,792
Kenneth S Armstrong JrPresident & CEO-$208,080$30,712$238,792

Board Members and Trustees

NameTitle
Terry BorglundChairman/imm
Philip FulmerVice-chair/c
Cary WatkinsDirector
Denis RossDirector
James SadlerDirector
Jeff DayDirector
Jw TaylorDirector
Mark ShallarDirector
Matt PenlandDirector
Morris ValenzuelaDirector
N Terry DicksDirector
NICK D'ANDREADirector
Ray LloydDirector
Richard MohrDirector
Robert SandlinDirector
Ryan WalpoleDirector
Sarah WellmanDirector
Scott MacdonaldDirector
Scott PerryDirector
Stephanie SlivanikDirector
Mike CobbDirector/sec
Carlos CurrlinSec/treasure
Melissa ErnstTreas/2nd Vi
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$574,825
Investment Income
$88,337
Other Revenue
$60,568
Change in Net Assets
$-72,858
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$524,095
Other Expenses$261,130
Grants and Similar Amounts Paid$11,363
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$238,792
Other Salaries and Wages---$218,216
Fees for Services Lobbying---$45,539
Office Expenses---$36,862
Other Employee Benefits---$31,133
Information Technology---$29,832
Payroll Taxes---$26,821
Conferences and Meetings---$24,932
Occupancy---$23,763
Insurance---$17,988
Advertising---$9,501
Pension Plan Contributions---$9,133
Depreciation Depletion---$8,194
Grants to Domestic Orgs---$8,163
Fees for Service Investment Mgmnt Fees---$7,448
Travel---$7,282
Fees for Services Accounting---$5,072
Grants to Domestic Individuals---$3,200
Fees for Services Other---$2,858
Other Expenses---$2,439
All Other Expenses---$2,278
Fees for Services Legal---$1,250
Total Functional Expenses$0$0$0$796,588
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Total Nondeductible Lobbying and Political Cost$52,158
Current Year Nondeductible Lobbying and Political Cost$49,264
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 6

The board of directors is the governing/managing body of the organization and includes the officers of the organization. All members of the board of directors provide advice and support to the organization and are elected annually by the membership of the organization.

Form 990, Page 6, Part VI, Line 7A

The officers and board of directors are elected annually by the membership of the organization.

Form 990, Page 6, Part VI, Line 11B

The board of directors will receive a copy of the 990 to review at the october 2021 board meeting.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Each year every board member signs a conflict of interest policy statement.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed by the board of directors each year. Ceo compensation surveys are provided by taec and available.

Form 990, Page 6, Part VI, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Florida Trucking Association Inc
EIN
59-0248607
Phone
8502229900
Address
350 E COLLEGE AVENUE, TALLAHASSEE, FL 32301

Signing Officer

Name
Alix P Miller
Title
President & CEO
Phone
8502229900
Signed
2021-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alix P Miller
Formed
1966
Legal Domicile
Fl
Voting Board Members
19
Independent Board Members
19
Employees
5
Volunteers
200

Preparer

Firm
Carroll and Company Cpas
Address
2640-A MITCHAM DRIVE, TALLAHASSEE, FL 32308
Preparer
Kathleen E Brothers
Phone
8508771099
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers participate in safety-related activities such as our truck driving championships, truck driver appreciation day, joint vehicle inspection, safety education, the super-tech competition, and technical training, as well as help the fta with membership development efforts and fundraising activities, such as golf tournaments. Board members provide governance to the organization.

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

The florida truck driving championships and supertech competition were cancelled in 2020 due to covid. Florida truck driving championships - this program is one of the association's most recognized safety-oriented educational events. This annual event provides fta's best truck drivers an opportunity to demonstrate their knowledge of safe driving practices and their skills in handling their big rig. More than 300 professional truck drivers having an accident-free record for one year in advance of the competition competed in the 2019 florida truck driving championships. Out of all the competitors, one top winner emerges and is recognized with the grand champion award. Supertech competition - the supertech competition provides an opportunity for trucking technicians to showcase their technical knowledge and skills in the area of maintenance and technology. The winner represents florida in the national supertech competition.

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

Annual conference - this event is the largest and most prominent educational forum held by the association on an annual basis. The conference provides a unique opportunity for more than 200 leaders from florida's trucking industry to assemble and take advantage of the opportunity to learn about important issues affecting florida's trucking and transportation industry. The mission of the conference is to recharge the members and help them prepare to meet the many challenges, as well as opportunities, that lie ahead for the trucking industry. This event was cancelled in 2020 due to covid. Fta fall round-up - this one-day meeting provides educational programs covering safety issues, regulatory updates, legal updates, and technical training for fta members in a professional networking environment. This event was cancelled in 2020 due to covid.

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

Safety management council (smc) - safety is paramount in the business of trucking in florida, making highway and driver safety a top priority of the association's safety management council. The council is made up of safety professionals from the organization's member companies. The council's primary goal is simple: make trucking in florida safe. The smc offers a wide range of programs to increase industry and public awareness of the importance of trucking safety in the state. The smc has regularly scheduled meetings which include presentations and key discussions on critically important safety issues and the sharing of best practices. The council supports annual awards events that honor and recognize safety professionals of the organization's member companies. Important smc activities and programs include the florida professional truck driving championships, driver of the year, no-zone/share the road, and voluntary roadside inspections, all supported by the association's safety professionals. Smc works closely with the various regulatory agencies in florida and nationwide, and has been recognized by the federal highway administration for its efforts to increase safety levels in florida. Technology & maintenance council (tmc) - the maintenance and servicing of equipment are important to safe trucking operations. The technology & maintenance council focuses on professional development of service technicians and managers through various in-depth training opportunities and skills competitions.

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

The tour was cancelled in 2020 due to covid. Florida teacher trucking tour - this event is designed to draw educators across grade levels, including elementary, middle school and high school. The aim for the tour is three-fold: 1. To enhance and elevate the overall image of florida's trucking industry as safe, essential, and honorable in the minds of students, parents, educators and the general public. 2.to produce a collection of classroom-ready, florida standards-aligned lesson plans developed by florida-based professional educators and have them use those lesson plans in their classrooms during the year. 3.to give educators a behind-the-scenes look at the highway transportation/logistics industry and show them how it is essential for modern life.

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IRS990/Form990PartVIISectionAGrp/PersonNm22NICK D'ANDREA
IRS990/Form990PartVIISectionAGrp/PersonNm23KENNETH S ARMSTRONG JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt23PRESIDENT &
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IRS990/ProgSrvcAccomActy2Grp/Desc0ANNUAL CONFERENCE - THIS EVENT IS THE LARGEST AND MOST PROMINENT EDUCATIONAL FORUM HELD BY THE ASSOCIATION ON AN ANNUAL BASIS. THE CONFERENCE PROVIDES A UNIQUE OPPORTUNITY FOR MORE THAN 200 LEADERS FROM FLORIDA'S TRUCKING INDUSTRY TO ASSEMBLE AND TAKE ADVANTAGE OF THE OPPORTUNITY TO LEARN ABOUT IMPORTANT ISSUES AFFECTING FLORIDA'S TRUCKING AND TRANSPORTATION INDUSTRY. THE MISSION OF THE CONFERENCE IS TO RECHARGE THE MEMBERS AND HELP THEM PREPARE TO MEET THE MANY CHALLENGES, AS WELL AS OPPORTUNITIES, THAT LIE AHEAD FOR THE TRUCKING INDUSTRY. THIS EVENT WAS CANCELLED IN 2020 DUE TO COVID. FTA FALL ROUND-UP - THIS ONE-DAY MEETING PROVIDES EDUCATIONAL PROGRAMS COVERING SAFETY ISSUES, REGULATORY UPDATES, LEGAL UPDATES, AND TECHNICAL TRAINING FOR FTA MEMBERS IN A PROFESSIONAL NETWORKING ENVIRONMENT. THIS EVENT WAS CANCELLED IN 2020 DUE TO COVID.
IRS990/ProgSrvcAccomActy3Grp/Desc0SAFETY MANAGEMENT COUNCIL (SMC) - SAFETY IS PARAMOUNT IN THE BUSINESS OF TRUCKING IN FLORIDA, MAKING HIGHWAY AND DRIVER SAFETY A TOP PRIORITY OF THE ASSOCIATION'S SAFETY MANAGEMENT COUNCIL. THE COUNCIL IS MADE UP OF SAFETY PROFESSIONALS FROM THE ORGANIZATION'S MEMBER COMPANIES. THE COUNCIL'S PRIMARY GOAL IS SIMPLE: MAKE TRUCKING IN FLORIDA SAFE. THE SMC OFFERS A WIDE RANGE OF PROGRAMS TO INCREASE INDUSTRY AND PUBLIC AWARENESS OF THE IMPORTANCE OF TRUCKING SAFETY IN THE STATE. THE SMC HAS REGULARLY SCHEDULED MEETINGS WHICH INCLUDE PRESENTATIONS AND KEY DISCUSSIONS ON CRITICALLY IMPORTANT SAFETY ISSUES AND THE SHARING OF BEST PRACTICES. THE COUNCIL SUPPORTS ANNUAL AWARDS EVENTS THAT HONOR AND RECOGNIZE SAFETY PROFESSIONALS OF THE ORGANIZATION'S MEMBER COMPANIES. IMPORTANT SMC ACTIVITIES AND PROGRAMS INCLUDE THE FLORIDA PROFESSIONAL TRUCK DRIVING CHAMPIONSHIPS, DRIVER OF THE YEAR, NO-ZONE/SHARE THE ROAD, AND VOLUNTARY ROADSIDE INSPECTIONS, ALL SUPPORTED BY THE ASSOCIATION'S SAFETY PROFESSIONALS. SMC WORKS CLOSELY WITH THE VARIOUS REGULATORY AGENCIES IN FLORIDA AND NATIONWIDE, AND HAS BEEN RECOGNIZED BY THE FEDERAL HIGHWAY ADMINISTRATION FOR ITS EFFORTS TO INCREASE SAFETY LEVELS IN FLORIDA. TECHNOLOGY & MAINTENANCE COUNCIL (TMC) - THE MAINTENANCE AND SERVICING OF EQUIPMENT ARE IMPORTANT TO SAFE TRUCKING OPERATIONS. THE TECHNOLOGY & MAINTENANCE COUNCIL FOCUSES ON PROFESSIONAL DEVELOPMENT OF SERVICE TECHNICIANS AND MANAGERS THROUGH VARIOUS IN-DEPTH TRAINING OPPORTUNITIES AND SKILLS COMPETITIONS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE TOUR WAS CANCELLED IN 2020 DUE TO COVID. FLORIDA TEACHER TRUCKING TOUR - THIS EVENT IS DESIGNED TO DRAW EDUCATORS ACROSS GRADE LEVELS, INCLUDING ELEMENTARY, MIDDLE SCHOOL AND HIGH SCHOOL. THE AIM FOR THE TOUR IS THREE-FOLD: 1. TO ENHANCE AND ELEVATE THE OVERALL IMAGE OF FLORIDA'S TRUCKING INDUSTRY AS SAFE, ESSENTIAL, AND HONORABLE IN THE MINDS OF STUDENTS, PARENTS, EDUCATORS AND THE GENERAL PUBLIC. 2.TO PRODUCE A COLLECTION OF CLASSROOM-READY, FLORIDA STANDARDS-ALIGNED LESSON PLANS DEVELOPED BY FLORIDA-BASED PROFESSIONAL EDUCATORS AND HAVE THEM USE THOSE LESSON PLANS IN THEIR CLASSROOMS DURING THE YEAR. 3.TO GIVE EDUCATORS A BEHIND-THE-SCENES LOOK AT THE HIGHWAY TRANSPORTATION/LOGISTICS INDUSTRY AND SHOW THEM HOW IT IS ESSENTIAL FOR MODERN LIFE.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.51$0.14$3.37$2.07$1.55$0.51
2023Detailed filing. Detailed filing data is available for this year.$2.99$0.21$2.78$1.92$1.39$0.53
2022Detailed filing. Detailed filing data is available for this year.$2.20$0.12$2.08$1.43$1.05$0.38
2021Detailed filing. Detailed filing data is available for this year.$2.12$0.11$2.01$1.36$1.13$0.23
2020Detailed filing. Detailed filing data is available for this year.$1.97$0.17$1.80$0.72$0.80$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.92$0.13$1.79$1.36$1.28$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.69$0.11$1.58$1.36$1.18$0.18
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.12$1.46$1.26$1.18$0.09
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.14$1.30$1.12$1.14$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.48$0.19$1.29$0.95$0.97$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.10$1.28$0.86$0.93$0.08
2013Detailed filing. Detailed filing data is available for this year.$1.40$0.04$1.36$0.69$0.79$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.59$0.09$1.50$0.82
2011Summary only. Only limited summary data is available for this year.$1.57$0.04$1.52$0.72$0.82$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.05$1.66$0.84