Civic Intelligence

Florida Foundation Seed Producers Inc.

990 • Fiscal year 2018 • EIN 59-0931036

Jul 01, 2017 to Jun 30, 2018 • Filed on Dec 19, 2018

PO Box 309Greenwood, FL 32443

(850) 594-4721

Siviq Scores

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

Liabilities / Assets

69th percentile

0.44x

Higher debt load relative to assets than 69% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

92nd percentile

3.61x

Higher debt load relative to revenue than 92% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

37th percentile

$141,158

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

73rd percentile

9.2%

Faster asset growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

65th percentile

9.7%

Faster revenue growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$16,350,700

Up $1,382,228 (+9.2%) from 2017

Net Assets

Up

$9,101,315

Up $1,339,031 (+17%) from 2017

Liabilities

Up

$7,249,385

Up $43,197 (+0.6%) from 2017

Revenue

Up

$2,006,288

Up $177,403 (+9.7%) from 2017

Expenses

Up

$667,256

Up $19,615 (+3.0%) from 2017

Net Income

Up

$1,339,032

Up $157,788 (+13%) from 2017

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $6,247,414Liabilities 2011: $2,484,868Net Assets 2011: $3,762,5462011Assets 2012: $7,327,958Liabilities 2012: $3,015,270Net Assets 2012: $4,312,6882012Assets 2013: $8,391,778Liabilities 2013: $3,701,745Net Assets 2013: $4,690,0332013Assets 2014: $10,268,732Liabilities 2014: $5,102,679Net Assets 2014: $5,166,0532014Assets 2015: $11,116,052Liabilities 2015: $5,367,675Net Assets 2015: $5,748,3772015Assets 2016: $13,058,339Liabilities 2016: $6,477,299Net Assets 2016: $6,581,0402016Assets 2017: $14,968,472Liabilities 2017: $7,206,188Net Assets 2017: $7,762,2842017Assets 2018: $16,350,700Liabilities 2018: $7,249,385Net Assets 2018: $9,101,3152018Assets 2019: $19,045,887Liabilities 2019: $8,043,293Net Assets 2019: $11,002,5942019Assets 2020: $20,864,794Liabilities 2020: $8,578,986Net Assets 2020: $12,285,8082020Assets 2021: $23,088,073Liabilities 2021: $9,737,395Net Assets 2021: $13,350,6782021Assets 2022: $24,869,112Liabilities 2022: $10,385,835Net Assets 2022: $14,483,2772022Assets 2023: $23,628,224Liabilities 2023: $8,845,372Net Assets 2023: $14,782,8522023Assets 2024: $23,974,960Liabilities 2024: $8,539,867Net Assets 2024: $15,435,0932024

Highlighted filing

2018

Assets$16,350,700
Liabilities$7,249,385
Net Assets$9,101,315

Operations Trend

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

$30M$20M$10M$0Revenue 2011: $1,048,513Expenses 2011: $925,907Net Income 2011: $122,6062011Revenue 2012: $1,068,678Expenses 2012: $521,350Net Income 2012: $547,3282012Revenue 2013: $797,444Expenses 2013: $425,485Net Income 2013: $371,9592013Revenue 2014: $922,253Expenses 2014: $446,505Net Income 2014: $475,7482014Revenue 2015: $1,103,629Expenses 2015: $521,305Net Income 2015: $582,3242015Revenue 2016: $1,440,976Expenses 2016: $608,313Net Income 2016: $832,6632016Revenue 2017: $1,828,885Expenses 2017: $647,641Net Income 2017: $1,181,2442017Revenue 2018: $2,006,288Expenses 2018: $667,256Net Income 2018: $1,339,0322018Revenue 2019: $2,058,325Expenses 2019: $724,958Net Income 2019: $1,333,3672019Revenue 2020: $2,033,403Expenses 2020: $750,189Net Income 2020: $1,283,2142020Revenue 2021: $1,978,821Expenses 2021: $913,951Net Income 2021: $1,064,8702021Revenue 2022: $18,438,101Expenses 2022: $17,305,502Net Income 2022: $1,132,5992022Revenue 2023: $16,336,909Expenses 2023: $16,037,334Net Income 2023: $299,5752023Revenue 2024: $20,059,103Expenses 2024: $19,406,862Net Income 2024: $652,2412024

Highlighted filing

2018

Revenue$2,006,288
Expenses$667,256
Net Income$1,339,032
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Dec 19, 2018
Return Version
2017v2.3
Gross Receipts
$3,707,816
Mission and Program Overview

Mission

Florida foundation seed producers, inc. (ffsp), is a not-for-profit corporation and direct support organization of the florida agricultural experiment station (faes), an agricultural and natural resources research program of the university of florida's institute of food and agricultural sciences (uf/ifas). Ffsp was organized for the following purposes: to ensure foundation seed and nursery stocks of the best- known varieties adaptable to the florida climate and soils are available annually to florida farmers and producers in adequate quantities and at reasonable prices. To cooperate with faes in making available new and improved crop seed and nursery stocks by purchase, barter, lease, or gift to florida farmers and producers; to propagate and increase the same through any agency, and particularly by contracting with producers and institutions and to disseminate such increased stocks to its members and others.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,691,404$12,990,765▲ $1,299,361
Land, Buildings, and Equipment, Net$2,805,858$2,788,954▼ $16,904
Accounts Receivable$178,959$247,331▲ $68,372
Cash and Non-Interest-Bearing Accounts$126,747$142,150▲ $15,403
Inventories for Sale or Use$139,338$130,329▼ $9,009
Prepaid Expenses and Deferred Charges$26,166$51,171▲ $25,005
Total Assets$14,968,472$16,350,700▲ $1,382,228
Liabilities
Escrow Account Liability$7,014,198$7,062,509▲ $48,311
Accounts Payable and Accrued Expenses$191,991$186,876▼ $5,115
Total Liabilities$7,206,189$7,249,385▲ $43,196
Net Assets / Fund Balance
Unrestricted Net Assets$7,762,283$9,101,315▲ $1,339,032
Total Net Assets Fund Balance$7,762,283$9,101,315▲ $1,339,032
Total Liabilities and Net Assets / Fund Balance$14,968,472$16,350,700▲ $1,382,228

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,830,156$1,760,605$3,590,761
Buildings$450,717$830,755$1,281,472
Land$448,266-$448,266
Other Land Buildings$59,815$57,497$117,312
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BeuttenmullerEd/sec/treasFT$129,635$11,523$141,158
John BeuttenmullerEd/sec/treasurer-$129,635$35,257$141,158

Board Members and Trustees

NameTitle
Ricky HartleyPresident
Anthony AdamsBoard Member
Bill BullardBoard Member
Jacqueline BurnsBoard Member
Jared ForresterBoard Member
Jim MillerBoard Member
John SizemoreBoard Member
Kevin MorganBoard Member
Nate JamesonBoard Member
Nick PlaceBoard Member
Scott RobinsonBoard Member
Ty StrodeBoard Member
Wes WoodBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Adam BaggettContract Grower1719 HWY 71 SOUTH, Marianna, FL 32448$216,465
Revenue and Support

Revenue Composition

Contributions and Grants
$2,425
Program Service Revenue
$1,544,878
Investment Income
$58,823
Other Revenue
$400,162
Change in Net Assets
$1,339,032

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,006,288
Total Revenue per Audited Statements
$2,006,288
Total Revenue per Form 990
$2,006,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$410,039
Grants and Similar Amounts Paid$135,882
Other Expenses$121,335
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$170,138$33,510-$203,648
Current Officers, Directors, Trustees, and Key Employees$116,642$49,989-$166,631
Grants to Domestic Orgs$135,882--$135,882
Conferences and Meetings$26,333$8,044-$34,377
Pension Plan Contributions$17,002$8,001-$25,003
Office Expenses$13,920$6,460-$20,380
Depreciation Depletion$13,531$6,281-$19,812
Fees for Services Accounting-$15,534-$15,534
Occupancy$8,388$3,893-$12,281
Payroll Taxes$7,986$3,758-$11,744
Other Employee Benefits$2,049$964-$3,013
Other Expenses$1,986$922-$2,908
Insurance$1,678$780-$2,458
Advertising$1,829--$1,829
Total Functional Expenses$525,394$141,862$0$667,256

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$667,256
Total Expenses per Audited Statements$667,256
Total Expenses per Form 990$667,256
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of Florida FoundationGainesville, FL3Endowment$125,000
University of FloridaGainesville, FLGovResearch Support-

International Summary

Spending
$35,011

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaProgram ServiceAg Product Licensing--$22,006
EuropeProgram ServiceAg Product Licensing--$11,609
East Asia and the PacificProgram ServiceAg Product Licensing--$1,039
AfricaProgram ServiceAg Product Licensing--$357
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
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
Yes
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Any person, or the duly appointed representative of a firm, partnership, corporation or association engaged in the production of agricultural seeds or nursery stock of improved varieties for planting purpose, agreeing to abide by the bylaws of ffsp may, subject to the approval of the board of directors, become a member upon payment of a membership fee as determined by the board of directors. Regular members of ffsp elect the board of directors and are entitled to vote. Any person, or the duly appointed representative of a firm, partnership, corporation or association who is interested in patronizing the ffsp but who are otherwise not eligible for membership, agreeing to abide by the bylaws of ffsp may, subject to the approval of the board of directors, become an associate member upon payment of an associate membership fee as determined by the board of directors. Associate members of ffsp shall not be entitled to vote or serve as an officer and/or director of ffsp.

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

Members of the board of directors are approved at the annual meeting of the membership.

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

The form 990 is prepared with the assistance of the independent auditor and then reviewed by the executive director and office manager.

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

No director, officer, employee or agent shall have a material personal interest in conflict with the interests of ffsp or be engaged to provide goods or other services to ffsp for remuneration, unless such arrangement is the result of a competitive bidding process or, after disclosure of the conflict, the board of directors or its executive committee approves such arrangement, which approval shall specifically include procedures for addressing the conflict. All conflicts of interest are required to be disclosed in writing. Failure to follow the disclosure or other requirements of this policy shall be grounds for removal and/or disciplinary action against a director, officer, employee, or agent.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Florida Foundation
EIN
59-0931036
Phone
8505944721
Address
PO BOX 309, GREENWOOD, FL 32443

Signing Officer

Name
John Beuttenmuller
Title
Ed/sec/treasurer
Phone
8505944721
Signed
2018-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Beuttenmuller
Formed
1943
Legal Domicile
Fl
Voting Board Members
13
Independent Board Members
13
Employees
14
Volunteers
13

Preparer

Firm
Kattell & Company Pl
Address
808B NW 16TH AVE, GAINESVILLE, FL 32601
Preparer
Stephen H Kattell CPA
Phone
3523956565
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Florida foundation seed producers, inc. (ffsp), is a not-for-profit corporation and direct support organization of the florida agricultural experiment station (faes), an agricultural and natural resources research program of the university of florida's institute of food and agricultural sciences (uf/ifas). Ffsp was organized for the following purposes: to ensure foundation seed and nursery stocks of the best- known varieties adaptable to the florida climate and soils are available annually to florida farmers and producers in adequate quantities and at reasonable prices. To cooperate with faes in making available new and improved crop seed and nursery stocks by purchase, barter, lease, or gift to florida farmers and producers; to propagate and increase the same through any agency, and particularly by contracting with producers and institutions and to disseminate such increased stocks to its members and others.

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

The organization receieves royalties from licensees and pays a portion to the university of florida and inventors. Amounts reported on line 21 of form 990, part x are amounts yet to be distributed.

Schedule D, Page 3, Part X

The organization holds no uncertain tax positions and, therefore, has no policy for evaluating them.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13ED/SEC/TREAS
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01943
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt010650
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0129732
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0135882
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0135882
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt010650
IRS990/GrossReceiptsAmt03707816
IRS990/GrossRentsGrp/RealAmt011150
IRS990/GrossSalesOfInventoryAmt02090540
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0780
IRS990/InsuranceGrp/ProgramServicesAmt01678
IRS990/InsuranceGrp/TotalAmt02458
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0139338
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0130329
IRS990/InvestmentIncomeGrp/ExclusionAmt048173
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048173
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt069
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02648857
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02805858
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02788954
IRS990/LandBldgEquipCostOrOtherBssAmt05437811
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt02425
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FLORIDA FOUNDATION SEED PRODUCERS, INC. (FFSP), IS A NOT-FOR-PROFIT CORPORATION AND DIRECT SUPPORT ORGANIZATION OF THE FLORIDA AGRICULTURAL EXPERIMENT STATION (FAES), AN AGRICULTURAL AND NATURAL RESOURCES RESEARCH PROGRAM OF THE UNIVERSITY OF FLORIDA'S INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES (UF/IFAS). FFSP WAS ORGANIZED FOR THE FOLLOWING PURPOSES: TO ENSURE FOUNDATION SEED AND NURSERY STOCKS OF THE BEST- KNOWN VARIETIES ADAPTABLE TO THE FLORIDA CLIMATE AND SOILS ARE AVAILABLE ANNUALLY TO FLORIDA FARMERS AND PRODUCERS IN ADEQUATE QUANTITIES AND AT REASONABLE PRICES. TO COOPERATE WITH FAES IN MAKING AVAILABLE NEW AND IMPROVED CROP SEED AND NURSERY STOCKS BY PURCHASE, BARTER, LEASE, OR GIFT TO FLORIDA FARMERS AND PRODUCERS; TO PROPAGATE AND INCREASE THE SAME THROUGH ANY AGENCY, AND PARTICULARLY BY CONTRACTING WITH PRODUCERS AND INSTITUTIONS AND TO DISSEMINATE SUCH INCREASED STOCKS TO ITS MEMBERS AND OTHERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt07762283
IRS990/NetAssetsOrFundBalancesEOYAmt09101315
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt010650
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt010650
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0389012
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0389012
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt011150
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt011150
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt03893
IRS990/OccupancyGrp/ProgramServicesAmt08388
IRS990/OccupancyGrp/TotalAmt012281
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06460
IRS990/OfficeExpensesGrp/ProgramServicesAmt013920
IRS990/OfficeExpensesGrp/TotalAmt020380
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0964
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02049
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03013
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1DUES & MEMBERSHIP
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03726
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1922
IRS990/OtherExpensesGrp/ProgramServicesAmt08030
IRS990/OtherExpensesGrp/ProgramServicesAmt11986
IRS990/OtherExpensesGrp/TotalAmt011756
IRS990/OtherExpensesGrp/TotalAmt12908
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033510
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0170138
IRS990/OtherSalariesAndWagesGrp/TotalAmt0203648
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03758
IRS990/PayrollTaxesGrp/ProgramServicesAmt07986
IRS990/PayrollTaxesGrp/TotalAmt011744
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08001
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt017002
IRS990/PensionPlanContributionsGrp/TotalAmt025003
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026166
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051171
IRS990/PrincipalOfficerNm0JOHN BEUTTENMULLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ROYALTIES COLLECTION FEE
IRS990/ProgramServiceRevenueGrp/Desc1USDA/FSA INCOME
IRS990/ProgramServiceRevenueGrp/Desc2LICENSE INCOME
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01465044
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt176339
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22294
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31201
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01465044
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt176339
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22294
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31201
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION WORKS WITH THE INSTITUTE OF FOOD AND AGRICULTURAL SCIENCES OF THE UNIVERSITY OF FLORIDA FOR THE PURPOSES OF INCREASING FOUNDATION SEED FROM THE POINT AT WHICH A VARIETY IS DEVELOPED BY A TRAINED PLANT BREEDER TO THE STATE WHERE AMPLE STOCKS ARE MADE AVAILABLE TO QUALIFIED SEED PRODUCERS. THE ORGANIZATION OWNS 500 ACRES OF LAND NEAR MARIANNA, FLORIDA. THE ORGANIZATION OWNS FARMING EQUIPMENT, PROCESSING EQUIPMENT AND STORAGE FACILITIES THAT IT USES TO GROW, HARVEST AND PROCESS FOUNDATION SEED PRODUCTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0135234
IRS990/ProgSrvcAccomActy2Grp/GrantAmt06150
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0488352
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02525
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0101000
IRS990/PYInvestmentIncomeAmt023256
IRS990/PYOtherExpensesAmt0142109
IRS990/PYOtherRevenueAmt0546603
IRS990/PYProgramServiceRevenueAmt01256501
IRS990/PYRevenuesLessExpensesAmt01181244
IRS990/PYSalariesCompEmpBnftPaidAmt0404532
IRS990/PYTotalExpensesAmt0647641
IRS990/PYTotalRevenueAmt01828885
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01339032
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt011150
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01467338
IRS990/SavingsAndTempCashInvstGrp/BOYAmt011691404
IRS990/SavingsAndTempCashInvstGrp/EOYAmt012990765
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02425
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt048173
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023256
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt039507
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt033169
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt017081
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0161186
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06733142
IRS990ScheduleA/PublicSupportTotal170Amt012925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02425
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02525
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02725
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012925
IRS990ScheduleA/TotalSupportAmt0174111
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0450717
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0830755
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01281472
IRS990ScheduleD/EquipmentGrp/BookValueAmt01830156
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01760605
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03590761
IRS990ScheduleD/ExpensesSubtotalAmt0667256
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0448266
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0448266
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt059815
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt057497
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0117312
IRS990ScheduleD/RevenueSubtotalAmt02006288
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIEVES ROYALTIES FROM LICENSEES AND PAYS A PORTION TO THE UNIVERSITY OF FLORIDA AND INVENTORS. AMOUNTS REPORTED ON LINE 21 OF FORM 990, PART X ARE AMOUNTS YET TO BE DISTRIBUTED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HOLDS NO UNCERTAIN TAX POSITIONS AND, THEREFORE, HAS NO POLICY FOR EVALUATING THEM.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02788954
IRS990ScheduleD/TotalExpensesPerForm990Amt0667256
IRS990ScheduleD/TotalRevenuePerForm990Amt02006288
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02006288
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0667256
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt022006
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1357
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt21039
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt311609
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2EAST ASIA AND THE PACIFIC
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0AG PRODUCT LICENSING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1AG PRODUCT LICENSING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2AG PRODUCT LICENSING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3AG PRODUCT LICENSING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICE
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$8.54$15.4$20.1$19.4$0.65
2023Summary only. Only limited summary data is available for this year.$23.6$8.85$14.8$16.3$16.0$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.9$10.4$14.5$18.4$17.3$1.13
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.1$9.74$13.4$1.98$0.91$1.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$8.58$12.3$2.03$0.75$1.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$8.04$11.0$2.06$0.72$1.33
2018Detailed filing. Detailed filing data is available for this year.$16.4$7.25$9.10$2.01$0.67$1.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.0$7.21$7.76$1.83$0.65$1.18
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.1$6.48$6.58$1.44$0.61$0.83
2015Detailed filing. Detailed filing data is available for this year.$11.1$5.37$5.75$1.10$0.52$0.58
2014Detailed filing. Detailed filing data is available for this year.$10.3$5.10$5.17$0.92$0.45$0.48
2013Summary only. Only limited summary data is available for this year.$8.39$3.70$4.69$0.80$0.43$0.37
2012Summary only. Only limited summary data is available for this year.$7.33$3.02$4.31$1.07$0.52$0.55
2011Summary only. Only limited summary data is available for this year.$6.25$2.48$3.76$1.05$0.93$0.12