Civic Intelligence

Florida Endowment Foundation For

EIN 59-3580979 • 501(c)3 • Flagler Beach, FL

Profile

The organization's mission is to bring academic, work, life and economic opportunities to students whose potential to contribute to a robust florida is largely untapped.

PO Box 1779Flagler Beach, FL 32136

www.flgraduates.org

Siviq Scores

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

Liabilities / Assets

98th percentile

2.41x

Higher debt load relative to assets than 98% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.67x

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

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

Net Margin

15th percentile

-22%

Higher net margin than 15% 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

4th percentile

-61%

Faster asset growth than 4% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

7th percentile

-44%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Up

$204,560

Up $55,548 (+37%) from 2023

Liabilities

Up

$493,256

Up $207,638 (+73%) from 2023

Net Assets

Down

-$288,696

Down $152,090 (-111%) from 2023

Revenue

Up

$735,124

Up $77,191 (+12%) from 2023

Expenses

Down

$896,114

Down $357,661 (-29%) from 2023

Net Income

Up

-$160,990

Up $434,852 (+73%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2010: $268,156Liabilities 2010: $70,269Net Assets 2010: $197,8872010Assets 2011: $616,069Liabilities 2011: $31,865Net Assets 2011: $584,2042011Assets 2012: $763,739Liabilities 2012: $41,544Net Assets 2012: $722,1952012Assets 2013: $662,380Liabilities 2013: $67,003Net Assets 2013: $595,3772013Assets 2014: $406,275Liabilities 2014: $33,214Net Assets 2014: $373,0612014Assets 2015: $1,148,301Liabilities 2015: $865,800Net Assets 2015: $282,5012015Assets 2016: $636,153Liabilities 2016: $356,352Net Assets 2016: $279,8012016Assets 2017: $439,776Liabilities 2017: $98,389Net Assets 2017: $341,3872017Assets 2018: $300,643Liabilities 2018: $120,887Net Assets 2018: $179,7562018Assets 2019: $491,852Liabilities 2019: $364,241Net Assets 2019: $127,6112019Assets 2020: $872,168Liabilities 2020: $318,144Net Assets 2020: $554,0242020Assets 2021: $680,853Liabilities 2021: $772,613Net Assets 2021: -$91,7602021Assets 2022: $1,326,147Liabilities 2022: $979,761Net Assets 2022: $346,3862022Assets 2023: $149,012Liabilities 2023: $285,618Net Assets 2023: -$136,6062023Assets 2024: $204,560Liabilities 2024: $493,256Net Assets 2024: -$288,6962024

Highlighted filing

2024

Assets$204,560
Liabilities$493,256
Net Assets-$288,696

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,282,3972010Expenses 2011: $1,505,9542011Expenses 2012: $1,098,5652012Revenue 2013: $503,961Expenses 2013: $630,778Net Income 2013: -$126,8172013Revenue 2014: $538,291Expenses 2014: $760,607Net Income 2014: -$222,3162014Revenue 2015: $3,048,191Expenses 2015: $3,148,324Net Income 2015: -$100,1332015Revenue 2016: $1,564,889Expenses 2016: $1,567,589Net Income 2016: -$2,7002016Revenue 2017: $1,532,455Expenses 2017: $1,470,869Net Income 2017: $61,5862017Revenue 2018: $571,246Expenses 2018: $717,979Net Income 2018: -$146,7332018Revenue 2019: $1,613,946Expenses 2019: $1,556,332Net Income 2019: $57,6142019Revenue 2020: $1,762,674Expenses 2020: $1,335,759Net Income 2020: $426,9152020Revenue 2021: $1,044,128Expenses 2021: $1,688,278Net Income 2021: -$644,1502021Revenue 2022: $2,317,153Expenses 2022: $1,879,007Net Income 2022: $438,1462022Revenue 2023: $657,933Expenses 2023: $1,253,775Net Income 2023: -$595,8422023Revenue 2024: $735,124Expenses 2024: $896,114Net Income 2024: -$160,9902024

Highlighted filing

2024

Revenue$735,124
Expenses$896,114
Net Income-$160,990

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.20$0.49$0.29$0.74$0.90$0.16
2023Detailed filing. Detailed filing data is available for this year.$0.15$0.29$0.14$0.66$1.25$0.60
2022Detailed filing. Detailed filing data is available for this year.$1.33$0.98$0.35$2.32$1.88$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.68$0.77$0.09$1.04$1.69$0.64
2020Detailed filing. Detailed filing data is available for this year.$0.87$0.32$0.55$1.76$1.34$0.43
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.36$0.13$1.61$1.56$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.30$0.12$0.18$0.57$0.72$0.15
2017Detailed filing. Detailed filing data is available for this year.$0.44$0.10$0.34$1.53$1.47$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.64$0.36$0.28$1.56$1.57$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.15$0.87$0.28$3.05$3.15$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.37$0.54$0.76$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.07$0.60$0.50$0.63$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.04$0.72$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.03$0.58$1.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.07$0.20$1.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$735,124
Mission and Program Overview

Mission

The organization's mission is to bring academic, work, life and economic opportunities to students whose potential to contribute to a robust florida is largely untapped.

The organization was established to create a statewide organization focued on providing education, workforce development, and economic development for florida students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$9,911$169,788▲ $159,877
Land, Buildings, and Equipment, Net$30,183$30,183→ $0
Cash and Non-Interest-Bearing Accounts$24,858$3,589▼ $21,269
Savings and Temporary Cash Investments$84,060$1,000▼ $83,060
Total Assets$149,012$204,560▲ $55,548
Liabilities
Accounts Payable and Accrued Expenses$124,604$271,013▲ $146,409
Other Liabilities$161,014$222,243▲ $61,229
Total Liabilities$285,618$493,256▲ $207,638
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-136,606$-288,696▼ $152,090
Total Net Assets Fund Balance$-136,606$-288,696▼ $152,090
Total Liabilities and Net Assets / Fund Balance$149,012$204,560▲ $55,548

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,748$68,060-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Heather M BeavenCEOFT$99,882$99,882

Board Members and Trustees

NameTitle
Danielle ScogginsDirector
Keri MooreDirector
Miguel BritoDirector
Morgan Gibbons WatsonDirector
Paul SeagoDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$563,484
Program Service Revenue
$171,638
Investment Income
$2
Other Revenue
$0
Change in Net Assets
$-160,990
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$502,102
Other Expenses$394,012
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$438,361--$438,361
Fees for Services Legal$68,591--$68,591
Payroll Taxes$36,380--$36,380
Other Employee Benefits$27,361--$27,361
Occupancy$12,770$1,419-$14,189
Fees for Services Other$13,735$177-$13,912
Insurance$10,563$1,090-$11,653
Interest$5,388--$5,388
Fees for Services Accounting-$3,138-$3,138
Travel$2,267--$2,267
Office Expenses$2,040$63-$2,103
Other Expenses$540$60-$600
Total Functional Expenses$890,167$5,947$0$896,114
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Douglas BeavenHusband of CEOCompensationNo-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$150,000
Credit Cards$72,243
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
Yes
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
Yes
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 11B

When form 990 is finalized the form is submitted for review to the board of directors prior to filing.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board meeting while the determination of a conflict of interest is discussed and voted upon. If the board has reasonable cause to believe a member has failed to disclose actual or possible conflict of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the director's response and after making further investigation as warranted by the circumstances, the board determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate corrective action as voted on by the board.

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

The compensation of the organization's ceo and top management officials is approved by the board of directors and monitored as part of the budgeting process.

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

The compensation of the organization's ceo and top management officials is approved by the board of directors and monitored as part of the budgeting process.

Form 990, Page 6, Part VI, Line 19

Organization's governing documents and financial statements are available for public inspection upon request at their office in flagler beach at 306 s oceanshore blvd flagler beach fl 32136.

Filing and Contact Details

Filer

Filer Name
Florida Endowment Foundation for
EIN
59-3580979
Phone
3864395730
Address
PO BOX 1779, FLAGLER BEACH, FL 32136

Signing Officer

Name
Heather M Beaven
Title
CEO
Phone
3864395730
Signed
2025-05-13

Organization Details

Principal Officer
Heather M Beaven
Formed
1998
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
11

Preparer

Firm
Jonathan Convery LLC
Address
50 LEANNI WAY STE C2, PALM COAST, FL 32137-4755
Preparer
Sara Bailey CPA
Phone
3864454375
Supplemental Narrative

Additional Explanations

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

The florida endowment foundation for florida's graduates inc was established to create a statewide organization focused on providing eduacation, workforce development and economic development for florida students. The foundation is currently made up of three programs that operate both independently and cooperatively, depending on the needs of the external partners carrying out the foundation's mission. Jobs for florida's graduates (jfg) is the main program of the foundation. Jfg is a competency based work and life skills program for florida students that is delviered by licensed educators for middle schools, high schools, community colleges, juvenile justice facilities and community based organizations. This program is affiliated with the national jobs for america's graduates, which operates in 28 states. Girls get it (ggit) was created to develop a statewide network that offers young women opportunities to connect and explore science, technology, engineering, and math and information technology leading to rewarding careers. Ggit was created by the florida distance learning consortium and cisco systems, inc. In 2005. Ggit works with middle and high schools to increase female student participation and graduation rates in stem and its coursework, provide stem and it career exploration opportunities, and ultimately increase the number of women employed in the stem and it fields across the state of florida. Victory over instability by choosing education (voice) is a multi-media youth center concept designed to give young people real world, work based learning opportunities in journalism, poetry, song writing, composing, graphic design, and publishing.

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

The florida endowment foundation for florida's graduates inc was established to create a statewide organization focused on providing eduacation, workforce development and economic development for florida students. The foundation is currently made up of three programs that operate both independently and cooperatively, depending on the needs of the external partners carrying out the foundation's mission. Jobs for florida's graduates (jfg) is the main program of the foundation. Jfg is a competency based work and life skills program for florida students that is delviered by licensed educators for middle schools, high schools, community colleges, juvenile justice facilities and community based organizations. This program is affiliated with the national jobs for america's graduates, which operates in 28 states. Girls get it (ggit) was created to develop a statewide network that offers young women opportunities to connect and explore science, technology, engineering, and math and information technology leading to rewarding careers. Ggit was created by the florida distance learning consortium and cisco systems, inc. In 2005. Ggit works with middle and high schools to increase female student participation and graduation rates in stem and its coursework, provide stem and it career exploration opportunities, and ultimately increase the number of women employed in the stem and it fields across the state of florida. Victory over instability by choosing education (voice) is a multi-media youth center concept designed to give young people real world, work based learning opportunities in journalism, poetry, song writing, composing, graphic design, and publishing.

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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/ProgSrvcAccomActyOtherGrp/Desc0THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S GRADUATES INC WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUSED ON PROVIDING EDUACATION, WORKFORCE DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS. THE FOUNDATION IS CURRENTLY MADE UP OF THREE PROGRAMS THAT OPERATE BOTH INDEPENDENTLY AND COOPERATIVELY, DEPENDING ON THE NEEDS OF THE EXTERNAL PARTNERS CARRYING OUT THE FOUNDATION'S MISSION. JOBS FOR FLORIDA'S GRADUATES (JFG) IS THE MAIN PROGRAM OF THE FOUNDATION. JFG IS A COMPETENCY BASED WORK AND LIFE SKILLS PROGRAM FOR FLORIDA STUDENTS THAT IS DELVIERED BY LICENSED EDUCATORS FOR MIDDLE SCHOOLS, HIGH SCHOOLS, COMMUNITY COLLEGES, JUVENILE JUSTICE FACILITIES AND COMMUNITY BASED ORGANIZATIONS. THIS PROGRAM IS AFFILIATED WITH THE NATIONAL JOBS FOR AMERICA'S GRADUATES, WHICH OPERATES IN 28 STATES. GIRLS GET IT (GGIT) WAS CREATED TO DEVELOP A STATEWIDE NETWORK THAT OFFERS YOUNG WOMEN OPPORTUNITIES TO CONNECT AND EXPLORE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND INFORMATION TECHNOLOGY LEADING TO REWARDING CAREERS. GGIT WAS CREATED BY THE FLORIDA DISTANCE LEARNING CONSORTIUM AND CISCO SYSTEMS, INC. IN 2005. GGIT WORKS WITH MIDDLE AND HIGH SCHOOLS TO INCREASE FEMALE STUDENT PARTICIPATION AND GRADUATION RATES IN STEM AND ITS COURSEWORK, PROVIDE STEM AND IT CAREER EXPLORATION OPPORTUNITIES, AND ULTIMATELY INCREASE THE NUMBER OF WOMEN EMPLOYED IN THE STEM AND IT FIELDS ACROSS THE STATE OF FLORIDA. VICTORY OVER INSTABILITY BY CHOOSING EDUCATION (VOICE) IS A MULTI-MEDIA YOUTH CENTER CONCEPT DESIGNED TO GIVE YOUNG PEOPLE REAL WORLD, WORK BASED LEARNING OPPORTUNITIES IN JOURNALISM, POETRY, SONG WRITING, COMPOSING, GRAPHIC DESIGN, AND PUBLISHING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S GRADUATES INC WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUSED ON PROVIDING EDUACATION, WORKFORCE DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS. THE FOUNDATION IS CURRENTLY MADE UP OF THREE PROGRAMS THAT OPERATE BOTH INDEPENDENTLY AND COOPERATIVELY, DEPENDING ON THE NEEDS OF THE EXTERNAL PARTNERS CARRYING OUT THE FOUNDATION'S MISSION. JOBS FOR FLORIDA'S GRADUATES (JFG) IS THE MAIN PROGRAM OF THE FOUNDATION. JFG IS A COMPETENCY BASED WORK AND LIFE SKILLS PROGRAM FOR FLORIDA STUDENTS THAT IS DELVIERED BY LICENSED EDUCATORS FOR MIDDLE SCHOOLS, HIGH SCHOOLS, COMMUNITY COLLEGES, JUVENILE JUSTICE FACILITIES AND COMMUNITY BASED ORGANIZATIONS. THIS PROGRAM IS AFFILIATED WITH THE NATIONAL JOBS FOR AMERICA'S GRADUATES, WHICH OPERATES IN 28 STATES. GIRLS GET IT (GGIT) WAS CREATED TO DEVELOP A STATEWIDE NETWORK THAT OFFERS YOUNG WOMEN OPPORTUNITIES TO CONNECT AND EXPLORE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND INFORMATION TECHNOLOGY LEADING TO REWARDING CAREERS. GGIT WAS CREATED BY THE FLORIDA DISTANCE LEARNING CONSORTIUM AND CISCO SYSTEMS, INC. IN 2005. GGIT WORKS WITH MIDDLE AND HIGH SCHOOLS TO INCREASE FEMALE STUDENT PARTICIPATION AND GRADUATION RATES IN STEM AND ITS COURSEWORK, PROVIDE STEM AND IT CAREER EXPLORATION OPPORTUNITIES, AND ULTIMATELY INCREASE THE NUMBER OF WOMEN EMPLOYED IN THE STEM AND IT FIELDS ACROSS THE STATE OF FLORIDA. VICTORY OVER INSTABILITY BY CHOOSING EDUCATION (VOICE) IS A MULTI-MEDIA YOUTH CENTER CONCEPT DESIGNED TO GIVE YOUNG PEOPLE REAL WORLD, WORK BASED LEARNING OPPORTUNITIES IN JOURNALISM, POETRY, SONG WRITING, COMPOSING, GRAPHIC DESIGN, AND PUBLISHING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S GRADUATES INC WAS ESTABLISHED TO CREATE A STATEWIDE ORGANIZATION FOCUSED ON PROVIDING EDUACATION, WORKFORCE DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR FLORIDA STUDENTS. THE FOUNDATION IS CURRENTLY MADE UP OF THREE PROGRAMS THAT OPERATE BOTH INDEPENDENTLY AND COOPERATIVELY, DEPENDING ON THE NEEDS OF THE EXTERNAL PARTNERS CARRYING OUT THE FOUNDATION'S MISSION. JOBS FOR FLORIDA'S GRADUATES (JFG) IS THE MAIN PROGRAM OF THE FOUNDATION. JFG IS A COMPETENCY BASED WORK AND LIFE SKILLS PROGRAM FOR FLORIDA STUDENTS THAT IS DELVIERED BY LICENSED EDUCATORS FOR MIDDLE SCHOOLS, HIGH SCHOOLS, COMMUNITY COLLEGES, JUVENILE JUSTICE FACILITIES AND COMMUNITY BASED ORGANIZATIONS. THIS PROGRAM IS AFFILIATED WITH THE NATIONAL JOBS FOR AMERICA'S GRADUATES, WHICH OPERATES IN 28 STATES. GIRLS GET IT (GGIT) WAS CREATED TO DEVELOP A STATEWIDE NETWORK THAT OFFERS YOUNG WOMEN OPPORTUNITIES TO CONNECT AND EXPLORE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH AND INFORMATION TECHNOLOGY LEADING TO REWARDING CAREERS. GGIT WAS CREATED BY THE FLORIDA DISTANCE LEARNING CONSORTIUM AND CISCO SYSTEMS, INC. IN 2005. GGIT WORKS WITH MIDDLE AND HIGH SCHOOLS TO INCREASE FEMALE STUDENT PARTICIPATION AND GRADUATION RATES IN STEM AND ITS COURSEWORK, PROVIDE STEM AND IT CAREER EXPLORATION OPPORTUNITIES, AND ULTIMATELY INCREASE THE NUMBER OF WOMEN EMPLOYED IN THE STEM AND IT FIELDS ACROSS THE STATE OF FLORIDA. VICTORY OVER INSTABILITY BY CHOOSING EDUCATION (VOICE) IS A MULTI-MEDIA YOUTH CENTER CONCEPT DESIGNED TO GIVE YOUNG PEOPLE REAL WORLD, WORK BASED LEARNING OPPORTUNITIES IN JOURNALISM, POETRY, SONG WRITING, COMPOSING, GRAPHIC DESIGN, AND PUBLISHING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN FORM 990 IS FINALIZED THE FORM IS SUBMITTED FOR REVIEW TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. IF THE BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE DIRECTOR'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE CORRECTIVE ACTION AS VOTED ON BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION OF THE ORGANIZATION'S CEO AND TOP MANAGEMENT OFFICIALS IS APPROVED BY THE BOARD OF DIRECTORS AND MONITORED AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION OF THE ORGANIZATION'S CEO AND TOP MANAGEMENT OFFICIALS IS APPROVED BY THE BOARD OF DIRECTORS AND MONITORED AS PART OF THE BUDGETING PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THEIR OFFICE IN FLAGLER BEACH AT 306 S OCEANSHORE BLVD FLAGLER BEACH FL 32136.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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