Civic Intelligence

Florida Press Foundation Inc

EIN 59-2449377 • 501(c)3 • Lake Mary, FL

Profile

The florida press foundation is a non-profit organization affiliated with the florida press association. The foundation's mission is to create and promote lifelong educational programs that begin in elementary school promoting literacy and encouraging the use of media, continue through college with internship programs, and then culminate in career training and development forums for industry professionals.

1025 Greenwood Blvd 121Lake Mary, FL 32746

floridapressfoundation.org

Siviq Scores

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

Liabilities / Assets

75th percentile

0.21x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.69x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$546,544

Up $264,742 (+94%) from 2012

Liabilities

Up

$115,048

Up $104,360 (+976%) from 2012

Net Assets

Up

$431,496

Up $160,382 (+59%) from 2012

Operations
Liabilities / Revenue89th percentileNet Margin13th percentile

Revenue

Up

$166,667

Up $126,433 (+314%) from 2012

Expenses

Up

$209,828

Up $164,818 (+366%) from 2012

Net Income

Down

-$43,161

Down $38,385 (-804%) from 2012

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600K$400K$200K$0Assets 2010: $285,443Liabilities 2010: $1,2502010Assets 2011: $279,736Liabilities 2011: $3,845Net Assets 2011: $275,8912011Assets 2012: $281,802Liabilities 2012: $10,688Net Assets 2012: $271,1142012Assets 2024: $546,544Liabilities 2024: $115,048Net Assets 2024: $431,4962024

Highlighted filing

2024

Assets$546,544
Liabilities$115,048
Net Assets$431,496
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2010: $55,523Expenses 2010: $35,836Net Income 2010: $19,6872010Revenue 2011: $35,819Expenses 2011: $44,121Net Income 2011: -$8,3022011Revenue 2012: $40,234Expenses 2012: $45,010Net Income 2012: -$4,7762012Revenue 2024: $166,667Expenses 2024: $209,828Net Income 2024: -$43,1612024

Highlighted filing

2024

Revenue$166,667
Expenses$209,828
Net Income-$43,161
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$546,544
Liabilities
$115,048
Net assets
$431,496
Revenue
$166,667
Expenses
$209,828
Net income
-$43,161
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$1.15$4.31$1.67$2.10$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.11$2.71$0.40$0.45$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.04$2.76$0.36$0.44$0.08
2010Summary only. Only limited summary data is available for this year.$2.85$0.01$0.56$0.36$0.20
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$166,667
Mission and Program Overview

Mission

The florida press foundation is a non-profit organization affiliated with the florida press association. The foundation's mission is to create and promote lifelong educational programs that begin in elementary school promoting literacy and encouraging the use of media, continue through college with internship programs, and then culminate in career training and development forums for industry professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$337,210$399,822▲ $62,612
Savings and Temporary Cash Investments$118,477$119,008▲ $531
Accounts Receivable$56,780$21,808▼ $34,972
Pledges and Grants Receivable$9,853$0▼ $9,853
Prepaid Expenses and Deferred Charges$5,064$5,000▼ $64
Total Assets$528,290$546,544▲ $18,254
Other Assets Total$906$906→ $0
Liabilities
Other Liabilities$119,324$112,453▼ $6,871
Deferred Revenue$4,000$0▼ $4,000
Accounts Payable and Accrued Expenses$0$2,595▲ $2,595
Total Liabilities$123,324$115,048▼ $8,276
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$404,966$431,496▲ $26,530
Total Net Assets Fund Balance$404,966$431,496▲ $26,530
Total Liabilities and Net Assets / Fund Balance$528,290$546,544▲ $18,254
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Karen TowersDirectorPT$34,852$34,852

Board Members and Trustees

NameTitle
Gerry MulliganPresident
David Dunn-rankinTrustee
Glen NickersonTrustee
Jodi BellTrustee
Joe DelucaTrustee
Sandy KempTrustee
Sl FrisbeeTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$17,356
Program Service Revenue
$148,630
Investment Income
$681
Other Revenue
$0
All Other Contributions
$17,356
Change in Net Assets
$-43,161
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$154,389
Salaries, Compensation, and Employee Benefits$42,799
Total Fundraising Expense$7,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$137,935--$137,935
Other Salaries and Wages-$34,852-$34,852
Benefits to Members$12,640--$12,640
Other Expenses--$7,500$7,500
Fees for Services Management-$5,000-$5,000
Pension Plan Contributions-$4,031-$4,031
All Other Expenses$3,818--$3,818
Payroll Taxes-$2,732-$2,732
Other Employee Benefits-$1,184-$1,184
Advertising-$75-$75
Fees for Services Accounting-$61-$61
Total Functional Expenses$154,393$47,935$7,500$209,828
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
Rankin Leadership Program Fund$38,005
Due to Fps$37,279
Community News Fund$35,484
Uf Scholarship Fund$1,685
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 is reviewed by the organization's president and chief financial officer for accuracy.”

Form 990, Part VI, Section C, Line 19

“The organization does not have a conflict of interest policy. The 990 and governing documents are available to the general public upon request.”

Filing and Contact Details

Filer

Filer Name
Florida Press Foundation Inc
EIN
59-2449377
Phone
3212835264
Address
1025 GREENWOOD BLVD 121, LAKE MARY, FL 32746

Signing Officer

Name
Gerry Mulligan
Title
President
Phone
3212835264
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerry Mulligan
Formed
1984
Legal Domicile
Fl
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
1

Preparer

Firm
Purvis Gray & Company Llp
Address
507 N NEW YORK AVE 200, WINTER PARK, FL 32789
Preparer
David Lee CPA
Phone
3215944112
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt135484
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21685
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt338005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO FPS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1COMMUNITY NEWS FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UF SCHOLARSHIP FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RANKIN LEADERSHIP PROGRAM FUND
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S PRESIDENT AND CHIEF FINANCIAL OFFICER FOR ACCURACY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. THE 990 AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROTECT THE PRESS OF FLORIDA
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IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GERRY MULLIGAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-11
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