Civic Intelligence

Florida Bankers Educational Foundation

990 • Fiscal year 2014 • EIN 59-6139568

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 16, 2014

Organization Profilewww.floridabankers.com
PO Box 1360SuiteTallahassee, FL 32302-1360

(850) 224-2265

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.03x

Higher debt load relative to assets than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

59th percentile

0.17x

Higher debt load relative to revenue than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

66%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$223,702

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 74.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

84%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$2,032,174

Up $218,103 (+12%) from 2013

Net Assets

Up

$1,980,612

Up $218,363 (+12%) from 2013

Liabilities

Down

$51,562

Down $260 (-0.5%) from 2013

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin95th percentile

Revenue

Up

$302,240

Up $137,889 (+84%) from 2013

Expenses

Down

$104,202

Down $1,641 (-1.6%) from 2013

Net Income

Up

$198,038

Up $139,530 (+238%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,728,000Liabilities 2011: $50,477Net Assets 2011: $1,677,5232011Assets 2012: $1,696,108Liabilities 2012: $39,411Net Assets 2012: $1,656,6972012Assets 2013: $1,814,071Liabilities 2013: $51,822Net Assets 2013: $1,762,2492013Assets 2014: $2,032,174Liabilities 2014: $51,562Net Assets 2014: $1,980,6122014Assets 2015: $2,073,612Liabilities 2015: $54,681Net Assets 2015: $2,018,9312015Assets 2016: $2,017,678Liabilities 2016: $48,202Net Assets 2016: $1,969,4762016Assets 2017: $2,094,009Liabilities 2017: $38,806Net Assets 2017: $2,055,2032017Assets 2018: $2,208,494Liabilities 2018: $35,322Net Assets 2018: $2,173,1722018Assets 2019: $2,301,856Liabilities 2019: $31,451Net Assets 2019: $2,270,4052019Assets 2020: $2,342,752Liabilities 2020: $36,347Net Assets 2020: $2,306,4052020Assets 2021: $2,843,325Liabilities 2021: $35,651Net Assets 2021: $2,807,6742021Assets 2022: $2,598,215Liabilities 2022: $41,744Net Assets 2022: $2,556,4712022Assets 2023: $2,762,765Liabilities 2023: $44,623Net Assets 2023: $2,718,1422023Assets 2024: $3,208,509Liabilities 2024: $45,202Net Assets 2024: $3,163,3072024Assets 2025: $3,420,959Liabilities 2025: $31,857Net Assets 2025: $3,389,1022025

Highlighted filing

2014

Assets$2,032,174
Liabilities$51,562
Net Assets$1,980,612
Open 2014 Filing

Operations Trend

Revenue Growth92nd percentile

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

$400K$200K$0-$200KExpenses 2011: $113,0562011Expenses 2012: $103,3402012Revenue 2013: $164,351Expenses 2013: $105,843Net Income 2013: $58,5082013Revenue 2014: $302,240Expenses 2014: $104,202Net Income 2014: $198,0382014Revenue 2015: $343,888Expenses 2015: $115,543Net Income 2015: $228,3452015Revenue 2016: $45,325Expenses 2016: $133,172Net Income 2016: -$87,8472016Revenue 2017: $126,200Expenses 2017: $133,539Net Income 2017: -$7,3392017Revenue 2018: $102,096Expenses 2018: $108,279Net Income 2018: -$6,1832018Revenue 2019: $157,212Expenses 2019: $112,678Net Income 2019: $44,5342019Revenue 2020: $248,797Expenses 2020: $130,848Net Income 2020: $117,9492020Revenue 2021: $297,922Expenses 2021: $135,998Net Income 2021: $161,9242021Revenue 2022: $191,302Expenses 2022: $153,250Net Income 2022: $38,0522022Revenue 2023: $269,932Expenses 2023: $353,559Net Income 2023: -$83,6272023Revenue 2024: $203,397Expenses 2024: $149,369Net Income 2024: $54,0282024Revenue 2025: $307,325Expenses 2025: $174,888Net Income 2025: $132,4372025

Highlighted filing

2014

Revenue$302,240
Expenses$104,202
Net Income$198,038
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 16, 2014
Return Version
2013v3.1
Gross Receipts
$1,188,319
Mission and Program Overview

Mission

It is the mission of the florida bankers educational foundation to serve as a financial resource for florida college students seeking a career in banking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,731,280$1,970,540▲ $239,260
Savings and Temporary Cash Investments$61,943$39,285▼ $22,658
Cash and Non-Interest-Bearing Accounts$11,467$4,652▼ $6,815
Accounts Receivable$0$2,130▲ $2,130
Prepaid Expenses and Deferred Charges$325$301▼ $24
Pledges and Grants Receivable$556$266▼ $290
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$1,814,071$2,032,174▲ $218,103
Other Assets Total$8,500$15,000▲ $6,500
Liabilities
Accounts Payable and Accrued Expenses$51,822$51,562▼ $260
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$51,822$51,562▼ $260
Net Assets / Fund Balance
Unrestricted Net Assets$1,662,249$1,880,612▲ $218,363
Temporarily Rstr Net Assets$100,000$100,000→ $0
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$1,762,249$1,980,612▲ $218,363
Total Liabilities and Net Assets / Fund Balance$1,814,071$2,032,174▲ $218,103

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,357,252-▲ $1,274-$1,358,526
2012$1,315,724$40,000▲ $1,528-$1,357,252
2011$1,313,899-▲ $1,825-$1,315,724
2010$1,312,468-▲ $1,431-$1,313,899
2009$1,293,216$19,252--$1,312,468
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Leticia NewtonExecutive DirectorFT$45,565$202,175$247,740
Mary M MitchellDirector--$138,021$138,021

Board Members and Trustees

NameTitle
William ValentiChairman
Daniel LipeDirector
Donnie GayDirector
Emory MayfieldDirector
Joseph DorseyDirector
W Ben FlowersDirector
William PenneyDirector
Pam RiccoStaff Liason
Lesley JordanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$36,526
Program Service Revenue
$0
Investment Income
$255,066
Other Revenue
$10,648
All Other Contributions
$36,526
Change in Net Assets
$198,038

Audited Revenue Reconciliation

Revenue per Audited Statements
$302,240
Revenue Not Reported on Form 990
$26,658
Total Revenue per Audited Statements
$328,898
Total Revenue per Form 990
$302,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$62,629
Other Expenses$24,732
Grants and Similar Amounts Paid$16,841
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$43,548$14,515$0$58,063
Grants to Domestic Individuals$16,841--$16,841
Fees for Services Accounting-$9,635-$9,635
Occupancy$4,275$1,425-$5,700
Fees for Service Investment Mgmnt Fees-$3,748-$3,748
Payroll Taxes$2,732$911-$3,643
Insurance$724$241-$965
Other Employee Benefits$560$186-$746
Office Expenses$559$184-$743
Pension Plan Contributions$134$43-$177
Other Expenses$2,700$77-$77
Total Functional Expenses$72,073$32,129$0$104,202

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$110,535
Expenses per Audited Statements$104,202
Total Expenses per Form 990$104,202
Expenses Not Reported on Form 990$6,333
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$16,810
Fundraising Direct Expenses$6,333
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$8,760$8,760$2,700$6,060
Event 1$8,050$8,050$3,233$4,817
Total Events$16,810$16,810$6,333$10,477
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
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

PART VI: Governance, Management, & Disclosure

“Section A, Line 4 The foundation made a change to section 3.1 and 4.3 of the foundation's governing documents. The Chairman/Vice Chairman's term in office has been changed from a one year term in office to a two year term in office. Line 7A THE FLORIDA BANKERS ASSOCIATION, INC., A RELATED ORGANIZATION, APPROVES THE BOARD OF DIRECTORS FOR THE FLORIDA BANKERS EDUCATIONAL FOUNDATION. Section B, Line 11B The form 990 and accompanying schedules are prepared by an independent accounting firm. The foundation reviews the form 990 and accompanying schedules. All questions and issues are resolved with the independent accounting firm prior to filing with the internal revenue service center. Line 12C THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES THE BOARD OF DIRECTORS TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS OF THEMSELVES AND THEIR FAMILY MEMBERS ON A FORM DISTRIBUTED BY THE FOUNDATION. THE CHIEF FINANCIAL OFFICER ENSURES THAT ALL FORMS ARE COMPLETED, REVIEWS THEM FOR CONFLICTS, AND SUBMITS ACTUAL OR POTENTIAL CONFLICTS TO THE BOARD FOR REVIEW. Lines 15a & 15b THERE IS A COMPENSATION COMMITEE THAT REVIEWS AND APPROVES COMPENSATION. Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.”

Filing and Contact Details

Filer

EIN
59-6139568
In Care Of
% LESLEY JORDAN
Phone
8502242265

Signing Officer

Name
Lesley Jordan
Title
CFO
Phone
8502242265
Signed
2014-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leticia Newton
Formed
1956
Legal Domicile
Fl
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Preparer
Stacey T Kolka
Phone
8502242265
Supplemental Narrative

Additional Explanations

PART V: Statements Regarding Other IRS Filings & Tax Compliance

“Line 2a per irc section 3121, if two or more related corporations concurrently employ the same individual and compensate such individual through a common payment each corporation shall be considered to have paid as remuneration to such individual only the amounts actually disbursed.”

Financial Statement Notes

Part V, Line 4

“The endowed scholarships benefit current and future generations of bankers seeking to complete their college degree in florida. Receipients must be enrolled at one of the florida bankers educational foundation's participating universities or colleges and pursue a banking-related major. Following graduation, students must complete one year of continuous full-time employment with a florida bank.”

Part X, Line 2

“With few exceptions, the foundation is no longer subject to examinations by major tax jurisdictions for years ended June 30, 2010 and prior.”

Part XI, Line 2D

“FUNDRAISING EXPENSES: $6,333 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII. Part XII, Line 2D FUNDRAISING EXPENSES: $6,333 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII.”

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IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0241
IRS990/InsuranceGrp/ProgramServicesAmt0724
IRS990/InsuranceGrp/TotalAmt0965
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt032263
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt032263
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01731280
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01970540
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0879746
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0IT IS THE MISSION OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION TO SERVE AS A FINANCIAL RESOURCE FOR FLORIDA COLLEGE STUDENTS SEEKING A CAREER IN BANKING.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt01762249
IRS990/NetAssetsOrFundBalancesEOYAmt01980612
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0222803
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0222803
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt010477
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt010477
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt020325
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt01425
IRS990/OccupancyGrp/ProgramServicesAmt04275
IRS990/OccupancyGrp/TotalAmt05700
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0184
IRS990/OfficeExpensesGrp/ProgramServicesAmt0559
IRS990/OfficeExpensesGrp/TotalAmt0743
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08500
IRS990/OtherAssetsTotalGrp/EOYAmt015000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0186
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0560
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0746
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TAXES
IRS990/OtherExpensesGrp/Desc2COLLECTIONS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0900
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1264
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt277
IRS990/OtherExpensesGrp/ProgramServicesAmt02700
IRS990/OtherExpensesGrp/TotalAmt03600
IRS990/OtherExpensesGrp/TotalAmt1264
IRS990/OtherExpensesGrp/TotalAmt277
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0171
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0171
IRS990/OtherRevenueTotalAmt0171
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0911
IRS990/PayrollTaxesGrp/ProgramServicesAmt02732
IRS990/PayrollTaxesGrp/TotalAmt03643
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt043
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0134
IRS990/PensionPlanContributionsGrp/TotalAmt0177
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0556
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0266
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0325
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0301
IRS990/PrincipalOfficerNm0Leticia Newton
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt065142
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt022094
IRS990/PYInvestmentIncomeAmt090436
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt023793
IRS990/PYOtherRevenueAmt08773
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt058508
IRS990/PYSalariesCompEmpBnftPaidAmt059956
IRS990/PYTotalExpensesAmt0105843
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0164351
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0198038
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt036526
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061943
IRS990/SavingsAndTempCashInvstGrp/EOYAmt039285
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd0false
IRS990ScheduleA/ContributionControllerInd0false
IRS990ScheduleA/ContributionFamilyInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0591398673
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc004
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt073623
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10FLORIDA BANKERS ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0true
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt073623
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01357252
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01358526
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01274
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01315724
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt040000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01357252
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01528
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01313899
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01315724
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01825
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01312468
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01313899
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01431
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01293216
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt019252
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01312468
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt06333
IRS990ScheduleD/ExpensesSubtotalAmt0104202
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt020325
IRS990ScheduleD/OtherExpensesIncludedAmt06333
IRS990ScheduleD/OtherRevenueAmt06333
IRS990ScheduleD/RevenueNotReportedAmt026658
IRS990ScheduleD/RevenueSubtotalAmt0302240
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWED SCHOLARSHIPS BENEFIT CURRENT AND FUTURE GENERATIONS OF BANKERS SEEKING TO COMPLETE THEIR COLLEGE DEGREE IN FLORIDA. RECEIPIENTS MUST BE ENROLLED AT ONE OF THE FLORIDA BANKERS EDUCATIONAL FOUNDATION'S PARTICIPATING UNIVERSITIES OR COLLEGES AND PURSUE A BANKING-RELATED MAJOR. FOLLOWING GRADUATION, STUDENTS MUST COMPLETE ONE YEAR OF CONTINUOUS FULL-TIME EMPLOYMENT WITH A FLORIDA BANK.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1With few exceptions, the foundation is no longer subject to examinations by major tax jurisdictions for years ended June 30, 2010 and prior.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EXPENSES: $6,333 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII. Part XII, Line 2D FUNDRAISING EXPENSES: $6,333 Fundraising Expenses are recorded as expenses on the audited financial statements. However, for tax return presentation purposes, these fundraising expenses reduce fundraising income and are recorded on the statement of revenues, part VIII.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt0104202
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt0302240
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0328898
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0110535
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0400
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0400
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt08050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016810
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt08050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08760
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt016810
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Golf Tournament

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,032,174
Liabilities
$51,562
Net assets
$1,980,612
Revenue
$302,240
Expenses
$104,202
Net income
$198,038
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.42$0.03$3.39$0.31$0.17$0.13
2024Detailed filing. Detailed filing data is available for this year.$3.21$0.05$3.16$0.20$0.15$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.76$0.04$2.72$0.27$0.35$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.60$0.04$2.56$0.19$0.15$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.84$0.04$2.81$0.30$0.14$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.34$0.04$2.31$0.25$0.13$0.12
2019Detailed filing. Detailed filing data is available for this year.$2.30$0.03$2.27$0.16$0.11$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.21$0.04$2.17$0.10$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.09$0.04$2.06$0.13$0.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.02$0.05$1.97$0.05$0.13$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.07$0.05$2.02$0.34$0.12$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.05$1.98$0.30$0.10$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.81$0.05$1.76$0.16$0.11$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.04$1.66$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.05$1.68$0.11