Civic Intelligence

Florida Economic Development Council Foundation

990EZ • Fiscal year 2022 • EIN 87-4015607

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 13, 2022

3551 Blair Stone Rd Ste 105-138Tallahassee, FL 32301-8826

(850) 212-1056

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Assets

$1

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$0

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$0

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2022: $1Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $78,729Liabilities 2023: $51,828Net Assets 2023: $26,9012023Assets 2024: $167,454Liabilities 2024: $0Net Assets 2024: $167,4542024

Highlighted filing

2022

Assets$1
Liabilities$0
Net Assets$0

Operations Trend

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

$600K$400K$200K$0Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $231,980Expenses 2023: $205,079Net Income 2023: $26,9012023Revenue 2024: $466,739Expenses 2024: $326,186Net Income 2024: $140,5532024

Highlighted filing

2022

Revenue$0
Expenses$0
Net Income$0
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 13, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

The florida economic development council foundation (organization) will conduct charitable, educational, research, literary, and scientific activities on a variety of economic development and workforce issues facing the state of florida. Through its research, the organization will aim to identify the skill deficiencies in the state's workforce and other barriers to economic growth, including but not limited to infrastructure and business climate, and examine what factors affect the economic prosperity of florida residents. The activities will focus on understanding the need of businesses and industries in the state of florida including conducting research for the purpose of aiding florida communities to attract new industry or to encourage the development of, or retention of, businesses and industries within these communities. The organization will also conduct activities to understand the needs of unemployed, underemployed and underserved residents in florida in order to increase empl

Program Services

DescriptionGrantsExpenses
THE FEDC FOUNDATION CURRENT PROGRAM SERVICES INCLUDE AN ANNUAL PROFESSIONAL DEVELOPMENT CONFERENCE PRODUCED BY THE FOUNDATION AND A VARIETY OF PROFESSIONAL DEVELOPMENT SCHOLARSHIPS TO OTHER ECONOMIC, WORKFORCE AND COMMUNITY DEVELOPMENT TRAINING PROGRAMS DEEMED APPROPRIATE TO STRENGTHEN CAPACITY FOR FLORIDA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETH CICCHETTIExecutive Di-$0--
MARC HOENSTINEChair-$0--
SUZANNE CHRISTMANVice Chair-$0--
MICHELLE BAUERVc Of Financ-$0--
Filing and Contact Details

Filer

Filer Name
Florida Economic Development
EIN
87-4015607
Address
3551 BLAIR STONE RD STE 105-138, TALLAHASSEE, FL 32301-8826

Signing Officer

Name
Beth Cicchetti
Title
Executive Director
Signed
2022-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Wadsworth Humphress & Hollar Pa
Address
1040 E PARK AVE, TALLAHASSEE, FL 32301-2677
Preparer
James B Wadsworth Jr CPA
Phone
8502243129
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

The florida economic development council foundation (organization) will conduct charitable, educational, research, literary, and scientific activities on a variety of economic development and workforce issues facing the state of florida. Through its research, the organization will aim to identify the skill deficiencies in the state's workforce and other barriers to economic growth, including but not limited to infrastructure and business climate, and examine what factors affect the economic prosperity of florida residents. The activities will focus on understanding the need of businesses and industries in the state of florida including conducting research for the purpose of aiding florida communities to attract new industry or to encourage the development of, or retention of, businesses and industries within these communities. The organization will also conduct activities to understand the needs of unemployed, underemployed and underserved residents in florida in order to increase employment opportunities and to generate a workforce with more specialized skills that are conducive to employment in the specific industries that exist in florida.

Form 990-ez, Part III, Line 28

The fedc foundation current program services include an annual professional development conference produced by the foundation and a variety of professional development scholarships to other economic, workforce and community development training programs deemed appropriate to strengthen capacity for florida.

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