Nonprofit · EIN 23-7037528
FLORIDA BOARD OF GOVERNORS FOUNDATION INC
Tax-exempt · TALLAHASSEE, FL 32399
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,735,786 | $1,537,625 | $198,161 | $13,371,766 | $6,003,952 | $7,367,814 |
| December 31, 2023 | 990 | $1,602,962 | $1,784,139 | -$181,177 | $12,268,699 | $5,452,723 | $6,815,976 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,398,339
- of which government grants
- $345,000
- Program service revenue
- $0
- Investment income
- $337,447
- Net gain from sales of assets
- $156,374
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,488,732
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,100
- Program services (functional)
- $1,514,848
- Management and general (functional)
- $22,777
Balance sheet and other
- Total assets, start of year
- $12,268,699
- Total assets, end of year
- $13,371,766
- Total liabilities, end of year
- $6,003,952
- Net assets, end of year
- $7,367,814
- Publicly traded securities
- $6,257,451
- Net assets without donor restrictions
- $635,533
- Net assets with donor restrictions
- $6,732,281
- Gross receipts
- $1,949,508
- Employees
- 0
- Volunteers
- 18
- Year formed
- 1969
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM CERIO | DIRECTOR Trustee or director | 0.1 | $0 |
| ASHLEY BELL BARNETT | DIRECTOR Trustee or director | 0.1 | $0 |
| PATRICIA FROST | DIRECTOR Trustee or director | 0.1 | $0 |
| MANNY DIAZ JR | DIRECTOR Trustee or director | 0.1 | $0 |
| AUBREY EDGE | DIRECTOR Trustee or director | 0.1 | $0 |
| CARSON GOOD | DIRECTOR Trustee or director | 0.1 | $0 |
| BRIAN LAMB | CHAIR Trustee or director, Officer | 0.1 | $0 |
| JOHN BRINKMAN | DIRECTOR Trustee or director | 0.1 | $0 |
| KEN JONES | DIRECTOR Trustee or director | 0.1 | $0 |
| ALAN LEVINE | DIRECTOR Trustee or director | 0.1 | $0 |
| ERIC SILAGY | DIRECTOR Trustee or director | 0.1 | $0 |
| CHARLES LYDECKER | DIRECTOR Trustee or director | 0.1 | $0 |
| RACHEL KAMOUTSAS | SECRETARY Officer | 0.1 | $0 |
| TIM JONES | TREASURER Officer | 0.1 | $0 |
| AMANDA PHALIN | DIRECTOR Trustee or director | 0.1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG MATEER | DIRECTOR Trustee or director | 0.1 | $0 |
| EDWARD HADDOCK | DIRECTOR Trustee or director | 0.1 | $0 |
| JOSE OLIVIA | DIRECTOR Trustee or director | 0.1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM CERIO | DIRECTOR Trustee or director | 0.1 | $0 |
| ASHLEY BELL BARNETT | DIRECTOR Trustee or director | 0.1 | $0 |
| PATRICIA FROST | DIRECTOR Trustee or director | 0.1 | $0 |
| MANNY DIAZ JR | DIRECTOR Trustee or director | 0.1 | $0 |
| AUBREY EDGE | DIRECTOR Trustee or director | 0.1 | $0 |
| CARSON GOOD | DIRECTOR Trustee or director | 0.1 | $0 |
| BRIAN LAMB | CHAIR Trustee or director, Officer | 0.1 | $0 |
| JOHN BRINKMAN | DIRECTOR Trustee or director | 0.1 | $0 |
| KEN JONES | DIRECTOR Trustee or director | 0.1 | $0 |
| ALAN LEVINE | DIRECTOR Trustee or director | 0.1 | $0 |
| ERIC SILAGY | DIRECTOR Trustee or director | 0.1 | $0 |
| CHARLES LYDECKER | DIRECTOR Trustee or director | 0.1 | $0 |
| VICKI SHIRLEY | SECRETARY Officer | 0.1 | $0 |
| TIM JONES | TREASURER Officer | 0.1 | $0 |
| AMANDA PHALIN | DIRECTOR Trustee or director | 0.1 | $0 |
| CRAIG MATEER | DIRECTOR Trustee or director | 0.1 | $0 |
| EDWARD HADDOCK | DIRECTOR Trustee or director | 0.1 | $0 |
| JOSE OLIVIA | DIRECTOR Trustee or director | 0.1 | $0 |
Address and contacts
- Address (IRS master file)
- 325 WEST GAINES STREET, TALLAHASSEE, FL 32399-0400
- In care of
- % FLORIDA EDUCATION CENTER
- Principal officer (990 for 2024)
- BRIAN LAMB, 325 W GAINES ST STE 1614, TALLAHASSEE, FL 32399
- Signed the 990
- Sarah deNagy, TREASURER
- Phone
- (850) 245-9397
- Return prepared by
- CHARLES J REED & ASSOCIATES CPA'S
Mission
PROMOTE FLORIDAS HIGHER EDUCATION SYSTEM
Program accomplishments
- TO PROVIDE SCHOLARSHIPS TO OUTSTANDING STUDENTS AS SPECIFIED BY CONTRIBUTORS AND SUPPORT OTHER EDUCATIONAL ACTIVITIES.Expenses $1,298,996 · grants $1,284,459 · revenue $1,312,354
- TO PROVIDE FINANCIAL ASSISTANCE TO THE STATE OF FLORIDA FOR THE COMPENSATION OF THE CHANCELLOR AND VICE CHANCELLOR OF THE FLORIDA BOARD OF GOVERNORS.Expenses $215,852 · grants $204,273 · revenue $503,339
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7037528
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B00D)
- Assets (IRS master file)
- $18,621,716
- Income (IRS master file)
- $2,645,144
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,735,786 | $1,537,625 | $13,371,766 | XML |
| 990 | December 2023 | $1,602,962 | $1,784,139 | $12,268,699 | XML |
| 990 | December 2022 | $1,458,582 | $1,876,391 | $11,271,114 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7037528).
Questions about FLORIDA BOARD OF GOVERNORS FOUNDATION INC
- What is the EIN of FLORIDA BOARD OF GOVERNORS FOUNDATION INC?
- The employer identification number (EIN) of FLORIDA BOARD OF GOVERNORS FOUNDATION INC is 23-7037528.
- Is FLORIDA BOARD OF GOVERNORS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to FLORIDA BOARD OF GOVERNORS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORIDA BOARD OF GOVERNORS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FLORIDA BOARD OF GOVERNORS FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORIDA BOARD OF GOVERNORS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FLORIDA BOARD OF GOVERNORS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names BRIAN LAMB.
- Who are the officers and directors of FLORIDA BOARD OF GOVERNORS FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
- How much revenue does FLORIDA BOARD OF GOVERNORS FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,735,786, expenses of $1,537,625 and total assets of $13,371,766 at year end.
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