Civic Intelligence

Florida Redevelopment Association Inc

990 • Fiscal year 2023 • EIN 59-2088898

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 13, 2024

Organization ProfileWWW.REDEVELOPMENT.NET
301 S Bronough Street 300Tallahassee, FL 32301

(850) 222-9684

Siviq Scores

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

Liabilities / Assets

81st percentile

0.36x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

0.56x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Net Margin

87th percentile

24%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

49th percentile

$2,000

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2023

Asset Growth

85th percentile

25%

Faster asset growth than 85% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

46th percentile

6.0%

Faster revenue growth than 46% of similar nonprofits.

2023 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$892,534

Up $181,210 (+25%) from 2022

Net Assets

Up

$574,729

Up $135,898 (+31%) from 2022

Liabilities

Up

$317,805

Up $45,312 (+17%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin87th percentile

Revenue

Up

$567,362

Up $32,006 (+6.0%) from 2022

Expenses

Up

$431,464

Up $5,490 (+1.3%) from 2022

Net Income

Up

$135,898

Up $26,516 (+24%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$1.0M$500K$0Assets 2011: $352,417Liabilities 2011: $165,873Net Assets 2011: $186,5442011Assets 2012: $306,429Liabilities 2012: $179,009Net Assets 2012: $127,4202012Assets 2013: $310,718Liabilities 2013: $137,757Net Assets 2013: $172,9612013Assets 2014: $524,893Liabilities 2014: $283,151Net Assets 2014: $241,7422014Assets 2015: $523,935Liabilities 2015: $187,209Net Assets 2015: $336,7262015Assets 2016: $625,511Liabilities 2016: $233,796Net Assets 2016: $391,7152016Assets 2017: $615,667Liabilities 2017: $197,896Net Assets 2017: $417,7712017Assets 2018: $600,571Liabilities 2018: $240,537Net Assets 2018: $360,0342018Assets 2019: $667,416Liabilities 2019: $329,257Net Assets 2019: $338,1592019Assets 2020: $447,946Liabilities 2020: $92,521Net Assets 2020: $355,4252020Assets 2021: $565,411Liabilities 2021: $235,962Net Assets 2021: $329,4492021Assets 2022: $711,324Liabilities 2022: $272,493Net Assets 2022: $438,8312022Assets 2023: $892,534Liabilities 2023: $317,805Net Assets 2023: $574,7292023Assets 2024: $915,130Liabilities 2024: $324,266Net Assets 2024: $590,8642024

Highlighted filing

2023

Assets$892,534
Liabilities$317,805
Net Assets$574,729
Open 2023 Filing

Operations Trend

Revenue Growth46th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $335,592Expenses 2011: $437,585Net Income 2011: -$101,9932011Revenue 2012: $307,117Expenses 2012: $366,241Net Income 2012: -$59,1242012Revenue 2013: $322,972Expenses 2013: $277,431Net Income 2013: $45,5412013Revenue 2014: $356,626Expenses 2014: $287,845Net Income 2014: $68,7812014Revenue 2015: $402,159Expenses 2015: $307,175Net Income 2015: $94,9842015Revenue 2016: $401,298Expenses 2016: $346,309Net Income 2016: $54,9892016Revenue 2017: $412,714Expenses 2017: $386,658Net Income 2017: $26,0562017Revenue 2018: $381,416Expenses 2018: $439,153Net Income 2018: -$57,7372018Revenue 2019: $445,917Expenses 2019: $467,792Net Income 2019: -$21,8752019Revenue 2020: $480,577Expenses 2020: $463,311Net Income 2020: $17,2662020Revenue 2021: $290,293Expenses 2021: $316,269Net Income 2021: -$25,9762021Revenue 2022: $535,356Expenses 2022: $425,974Net Income 2022: $109,3822022Revenue 2023: $567,362Expenses 2023: $431,464Net Income 2023: $135,8982023Revenue 2024: $582,440Expenses 2024: $566,305Net Income 2024: $16,1352024

Highlighted filing

2023

Revenue$567,362
Expenses$431,464
Net Income$135,898
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 13, 2024
Return Version
2022v5.0
Gross Receipts
$567,362
Mission and Program Overview

Mission

Founded in 1974, FRA is a not-for-profit organization dedicated to assisting Florida professionals and volunteers in community revitalization efforts. With its mission of transforming spaces, revitalizing places, FRA is committed to providing a forum for its more than 300 members to share knowledge and common experiences regarding revitalization opportunities and issues throughout Florida. FRA encourages adoption of legal and financial tools and programs favorable to community growth and serves as a statewide clearinghouse for redevelopment information.

Community revitalization. Clearinghouse for redevelopment information.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$528,644$733,439▲ $204,795
Savings and Temporary Cash Investments$138,337$144,712▲ $6,375
Prepaid Expenses and Deferred Charges$5,772$3,718▼ $2,054
Accounts Receivable$6,280$2,865▼ $3,415
Land, Buildings, and Equipment, Net$2,291$2,050▼ $241
Total Assets$711,324$892,534▲ $181,210
Other Assets Total$30,000$5,750▼ $24,250
Liabilities
Deferred Revenue$227,180$267,925▲ $40,745
Accounts Payable and Accrued Expenses$45,313$49,880▲ $4,567
Total Liabilities$272,493$317,805▲ $45,312
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$438,831$574,729▲ $135,898
Total Net Assets Fund Balance$438,831$574,729▲ $135,898
Total Liabilities and Net Assets / Fund Balance$711,324$892,534▲ $181,210

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$9,842-
Equipment$2,050$362-
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleBaseTotal
Elizee MichelDirector$2,000$2,000
Ken ThomasPresident$2,000$2,000

Board Members and Trustees

NameTitle
Jeff BurtonPast President
Brenda ThrowerPresident Elect
Alisa BurlesonDirector
Beneshea FrazierDirector
Bob IronsmithDirector
Charles RuddDirector
Evan JohnsonDirector
Jessica NewmanDirector
Kyle DudgeonDirector
Laura SmithDirector
Marc KleisleyDirector
Mark BennettDirector
Michele Hylton-terryDirector
Miles BalloggDirector
Sherri CurtisDirector
Daniel HenkelElected Official
Mary Estime-irvinElected Official
Peter AltmanElected Official
Veronica Edwards PhillipsElected Official
Renee JadusinghTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$214,395
Program Service Revenue
$346,592
Investment Income
$6,375
Other Revenue
$0
Change in Net Assets
$135,898

Audited Revenue Reconciliation

Revenue per Audited Statements
$567,362
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$567,362
Total Revenue per Form 990
$567,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$431,464
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$163,139
Fees for Services Lobbying---$60,664
Fees for Services Other---$47,380
Fees for Services Management---$43,075
Fees for Services Legal---$36,000
Information Technology---$15,925
Fees for Services Accounting---$8,940
Travel---$1,022
Other Expenses---$992
All Other Expenses---$715
Office Expenses---$295
Depreciation Depletion---$241
Total Functional Expenses$0$0$0$431,464

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$431,464
Total Expenses per Audited Statements$431,464
Total Expenses per Form 990$431,464
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Current Year Nondeductible Lobbying and Political Cost$60,664
Total Nondeductible Lobbying and Political Cost$60,664
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The membership structure of the fra uses a sliding scale for dues based on the operating or gross budgets of the applicant. There are 11 categories of membership ranging from $75,000 and under to $10,000,00 and over. There are also categories for individual, non-profit/main street community, economic development council, university and student.”

Form 990, Part VI, Section A, Line 7A

“The board is elected by the membership at their annual meeting. Leadership appointments, vacancies and changes to the by-laws are approved by the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The fra board of directors reviews the form 990 on an as-requested basis, at their quarterly board meetings.”

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

“The board of directors monitors and enforces compliance with their conflict of interest policy through their board meetings, on a quarterly basis. Any issues, discussion or questions are addressed in that forum.”

Form 990, Part VI, Section C, Line 19

“Fra makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Florida Redevelopment Association Inc
EIN
59-2088898
Phone
8502229684
Address
301 S BRONOUGH STREET 300, TALLAHASSEE, FL 32301

Signing Officer

Name
Brenda Thrower
Title
President
Phone
8502229684
Signed
2024-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ken Thomas Fra-ra
Formed
1974
Legal Domicile
Fl
Voting Board Members
22
Independent Board Members
22
Employees
0
Volunteers
0

Preparer

Firm
Shorstein & Shorstein Pa
Address
8265 BAYBERRY ROAD, JACKSONVILLE, FL 32256
Preparer
Marina Cunningham Pereira
Phone
9047391311
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“PUBLIC RELATIONS 47,380.”

Raw XML AppendixShowing 400 of 449 raw XML fields

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/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14ELECTED OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt15ELECTED OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt16ELECTED OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17ELECTED OFFICIAL
IRS990/Form990PartVIISectionAGrp/TitleTxt18PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
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IRS990/FormationYr01974
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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0567362
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt022
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt015925
IRS990/InvestmentIncomeGrp/ExclusionAmt06375
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06375
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02050
IRS990/LandBldgEquipCostOrOtherBssAmt012254
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0214395
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FRA IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ASSISTING FLORIDA PROFESSIONALS AND VOLUNTEERS IN COMMUNITY REVITALIZATION EFFORTS. WITH ITS MISSION OF TRANSFORMING SPACES, REVITALIZING PLACES, FRA IS COMMITTED TO PROVIDING A FORUM FOR ITS MORE THAN 300 MEMBERS TO SHARE KNOWLEDGE AND COMMON EXPERIENCES REGARDING REVITALIZATION OPPORTUNITIES AND ISSUES THROUGHOUT FLORIDA. FRA ENCOURAGES ADOPTION OF LEGAL AND FINANCIAL TOOLS AND PROGRAMS FAVORABLE TO COMMUNITY GROWTH AND SERVES AS A STATEWIDE CLEARINGHOUSE FOR REDEVELOPMENT INFORMATION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0438831
IRS990/NetAssetsOrFundBalancesEOYAmt0574729
IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0574729
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt0295
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030000
IRS990/OtherAssetsTotalGrp/EOYAmt05750
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0AWARDS PROGRAM
IRS990/OtherExpensesGrp/Desc1BANK AND CREDIT CARD FE
IRS990/OtherExpensesGrp/Desc2BOD MEETING EXPENSE
IRS990/OtherExpensesGrp/Desc3PRINTING AND DUPLICATIN
IRS990/OtherExpensesGrp/TotalAmt022663
IRS990/OtherExpensesGrp/TotalAmt118701
IRS990/OtherExpensesGrp/TotalAmt211712
IRS990/OtherExpensesGrp/TotalAmt3992
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05772
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03718
IRS990/PrincipalOfficerNm0KEN THOMAS FRA-RA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2611430
IRS990/ProgramServiceRevenueGrp/Desc0ANNUAL CONFERENCE
IRS990/ProgramServiceRevenueGrp/Desc1ACADEMY INCOME
IRS990/ProgramServiceRevenueGrp/Desc2AWARDS PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0198277
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1131265
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0198277
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1131265
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217050
IRS990/ProgSrvcAccomActy2Grp/Desc0REDEVELOPMENT ACADEMY - THE ACADEMY IS A UNIQUE EDUCATIONAL PROGRAM, DESIGNED TO PROMOTE A PREREQUISITE LEVEL OF KNOWLEDGE AND PROFESSIONALISM IN THE FIELD OF COMMUNITY REDEVELOPMENT. THE COURSES ARE OPEN TO ANYONE INTERESTED IN LEARNING MORE ABOUT REDEVELOPMENT PRACTICE IN FLORIDA. IF A MEMBER IS INTERESTED, THEY MAY TAKE ALL THE REQUIRED COURSES TO ACHIEVE A "DESIGNATION" - THERE ARE TWO DESIGNATIONS - "ADMINISTRATOR OR "PROFESSIONAL." ONLY FRA MEMBERS IN GOOD STANDING ARE ELIGIBLE FOR DESIGNATION. FIVE COURSES ARE REQUIRED FOR GRADUATION/DESIGNATION. THERE ARE THREE CORE COURSES - REDEVELOPMENT 101; BUDGETING, FUNDING AND REPORTING; OPERATIONS AND CAPACITY BUILDING. THE FIVE ELECTIVE COURSES ARE INCENTIVES, CAPITAL PROJECT MANAGEMENT, REDEVELOPMENT HOUSING, PROJECT MANAGEMENT AND STRATEGIC PLANNING. THE GRADUATION CEREMONY IS HELD AT THE FRA ANNUAL CONFERENCE, AND EACH GRADUATE RECEIVES AN OFFICIAL CERTIFICATE AND DESIGNATION. THE GRADUATE CAN THEN START USING THE CREDENTIALS OF "FRA-RA OR "FRA-RP" AFTER THEIR NAME. A TOTAL OF 182 INDIVIDUALS PARTICIPATED IN THE ACADEMY COURSES OFFERED THROUGHOUT THE YEAR.
IRS990/ProgSrvcAccomActy3Grp/Desc0THE FLORIDA REDEVELOPMENT ASSOCIATION AWARDS PROGRAM RECOGNIZES THE BEST IN REDEVELOPMENT IN FLORIDA. IT IS OPEN TO ANY MEMBER OF THE ASSOCIATION. TO RECOGNIZE THE PROJECTS AND PEOPLE INVOLVED IN REDEVELOPMENT THROUGHOUT THE STATE, THREE AWARDS SERIES HAVE BEEN ESTABLISHED. THE ROY F. KENZIE AND THOMAS J. MILLS AWARDS ARE GIVEN FOR OUTSTANDING EXAMPLES OF REDEVELOPMENT AND LEADERSHIP, RESPECTIVELY, IN FLORIDA. ADDITIONALLY, THE PRESIDENT'S AWARD IS GIVEN FOR THE "BEST OF THE BEST," TO HONOR THE TOP PROJECT ACROSS ALL CATEGORIES. A WINNING ENTRY ACKNOWLEDGES EXCELLENCE IN AN ORGANIZATION'S WORK. THERE ARE 13 AWARD CATEGORIES AND 67 ENTRIES WERE RECEIVED THIS YEAR. THE WINNERS ARE PUBLISHED IN THE BEST BOOK, WHICH HIGHLIGHTS THE QUALITY ENTRIES RECEIVED AS A CELEBRATION OF THE INNOVATIVE REDEVELOPMENT WORK THAT HAS TRANSFORMED FLORIDA.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0207155
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0926
IRS990/PYOtherExpensesAmt0425974
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0327275
IRS990/PYRevenuesLessExpensesAmt0109382
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0425974
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0535356
IRS990/ReconcilationRevenueExpnssAmt0135898
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0138337
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0144712
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AggregateReportedDuesNtcAmt0101838
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/DuesAssessmentsAmt0214395
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt060664
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt060664
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-41174
IRS990ScheduleD/EquipmentGrp/BookValueAmt02050
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0362
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02412
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0431464
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09842
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt09842
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0567362
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02050
IRS990ScheduleD/TotalExpensesPerForm990Amt0431464
IRS990ScheduleD/TotalRevenuePerForm990Amt0567362
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0567362
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0431464
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP STRUCTURE OF THE FRA USES A SLIDING SCALE FOR DUES BASED ON THE OPERATING OR GROSS BUDGETS OF THE APPLICANT. THERE ARE 11 CATEGORIES OF MEMBERSHIP RANGING FROM $75,000 AND UNDER TO $10,000,00 AND OVER. THERE ARE ALSO CATEGORIES FOR INDIVIDUAL, NON-PROFIT/MAIN STREET COMMUNITY, ECONOMIC DEVELOPMENT COUNCIL, UNIVERSITY AND STUDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS ELECTED BY THE MEMBERSHIP AT THEIR ANNUAL MEETING. LEADERSHIP APPOINTMENTS, VACANCIES AND CHANGES TO THE BY-LAWS ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FRA BOARD OF DIRECTORS REVIEWS THE FORM 990 ON AN AS-REQUESTED BASIS, AT THEIR QUARTERLY BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH THEIR BOARD MEETINGS, ON A QUARTERLY BASIS. ANY ISSUES, DISCUSSION OR QUESTIONS ARE ADDRESSED IN THAT FORUM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FRA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PUBLIC RELATIONS 47,380.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0711324
IRS990/TotalAssetsEOYAmt0892534
IRS990/TotalAssetsGrp/BOYAmt0711324
IRS990/TotalAssetsGrp/EOYAmt0892534
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0214395
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0431464
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0272493
IRS990/TotalLiabilitiesEOYAmt0317805
IRS990/TotalLiabilitiesGrp/BOYAmt0272493
IRS990/TotalLiabilitiesGrp/EOYAmt0317805
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438831
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0574729
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0346592

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$892,534
Liabilities
$317,805
Net assets
$574,729
Revenue
$567,362
Expenses
$431,464
Net income
$135,898
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.15$3.24$5.91$5.82$5.66$0.16
2023Detailed filing. Detailed filing data is available for this year.$8.93$3.18$5.75$5.67$4.31$1.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.11$2.72$4.39$5.35$4.26$1.09
2021Detailed filing. Detailed filing data is available for this year.$5.65$2.36$3.29$2.90$3.16$0.26
2020Detailed filing. Detailed filing data is available for this year.$4.48$0.93$3.55$4.81$4.63$0.17
2019Summary only. Only limited summary data is available for this year.$6.67$3.29$3.38$4.46$4.68$0.22
2018Summary only. Only limited summary data is available for this year.$6.01$2.41$3.60$3.81$4.39$0.58
2017Summary only. Only limited summary data is available for this year.$6.16$1.98$4.18$4.13$3.87$0.26
2016Summary only. Only limited summary data is available for this year.$6.26$2.34$3.92$4.01$3.46$0.55
2015Summary only. Only limited summary data is available for this year.$5.24$1.87$3.37$4.02$3.07$0.95
2014Summary only. Only limited summary data is available for this year.$5.25$2.83$2.42$3.57$2.88$0.69
2013Summary only. Only limited summary data is available for this year.$3.11$1.38$1.73$3.23$2.77$0.46
2012Summary only. Only limited summary data is available for this year.$3.06$1.79$1.27$3.07$3.66$0.59
2011Summary only. Only limited summary data is available for this year.$3.52$1.66$1.87$3.36$4.38$1.02