Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,441,753

• 1g · Noncash contributions included above

  $695,528

• 2a · Program service revenue: ADMINISTRATIVE FEE REVENUE

  total $757,639 · related or exempt $757,639

• 3 · Investment income

  total $46,151 · excluded $46,151

• 7a · Gross sales of assets other than inventory

  securities $47,747,730

• 7b · Less cost or other basis and sales expenses

  securities $45,314,408

• 7c · Gain or loss

  securities $2,433,322

• 7d · Net gain or loss

  total $2,433,322 · excluded $2,433,322

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,110,866 · program services $4,110,866

• 5 · Compensation of officers, directors and key employees

  total $246,918 · program services $190,127 · management and general $56,791

• 7 · Other salaries and wages

  total $144,375 · program services $111,169 · management and general $33,206

• 8 · Pension plan contributions

  total $4,193 · program services $3,228 · management and general $965

• 9 · Other employee benefits

  total $14,618 · program services $11,256 · management and general $3,362

• 10 · Payroll taxes

  total $28,717 · program services $22,112 · management and general $6,605

• 11b · Fees: legal

  total $4,500 · management and general $4,500

• 11c · Fees: accounting

  total $18,650 · management and general $18,650

• 11f · Fees: investment management

  total $897,182 · program services $647,116 · management and general $250,066

• 11g · Fees: other

  total $1,929 · management and general $1,929

• 13 · Office expenses

  total $15,836 · program services $8,880 · management and general $4,124 · fundraising $2,832

• 14 · Information technology

  total $20,271 · program services $15,609 · management and general $4,662

• 16 · Occupancy

  total $69,024 · program services $53,148 · management and general $15,876

• 19 · Conferences, conventions and meetings

  total $11,369 · program services $5,036 · management and general $6,333

• 22 · Depreciation, depletion and amortization

  total $9,133 · management and general $9,133

• 23 · Insurance

  total $8,436 · program services $6,496 · management and general $1,940

• 24a · Other expenses: DONOR DEVELOPMENT

  total $24,803 · fundraising $24,803

• 24b · Other expenses: MEMBERSHIP DUES

  total $13,410 · program services $10,326 · management and general $3,084

• 24c · Other expenses: LICENSES AND FEES

  total $559 · management and general $559

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $3,337,328 · end of year $2,729,031

• 3 · Pledges and grants receivable

  beginning of year $8,300 · end of year $0

• 4 · Accounts receivable

  beginning of year $48 · end of year $160

• 9 · Prepaid expenses and deferred charges

  beginning of year $6,097 · end of year $24,808

• 10a · Land, buildings and equipment: cost or other basis

  $128,199

• 10b · Land, buildings and equipment: accumulated depreciation

  $122,176

• 10c · Land, buildings and equipment, net

  beginning of year $15,156 · end of year $6,023

• 11 · Investments: publicly traded securities

  end of year $14,804

• 12 · Investments: other securities

  beginning of year $105,281,384 · end of year $93,497,227

• 15 · Other assets

  beginning of year $681,650 · end of year $313,409

• 17 · Accounts payable and accrued expenses

  beginning of year $1,057 · end of year $2,145

• 21 · Escrow or custodial account liability

  beginning of year $7,806,932 · end of year $6,808,893

• 27 · Net assets without donor restrictions

  beginning of year $99,758,489 · end of year $88,452,773

• 28 · Net assets with donor restrictions

  beginning of year $1,763,485 · end of year $1,321,651

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION OF THE PRESIDENT (EXECUTIVE DIRECTOR) IS DETERMINED BY A REVIEW PROCESS WHICH IS CONDUCTED BY THE EXECUTIVE COMMITTEE (COMPENSATION COMMITTEE). A WRITTEN JOB DESCRIPTION AND EVALUATION FORM ARE USED BY THE BOARD IN THE REVIEW PROCESS IN ADDITION TO SALARY DATA FROM THE COMMUNITY FOUNDATION FIELD, LOCAL NONPROFIT AND FOUNDATION EXECUTIVE COMPENSATION, AND OPEN DISCUSSION.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• CFNF REAL ESTATE I LLC

  RE CONTRIBUTION · FL · income $0 · assets $0

  Directly controlled by THE COMMUNITY FOUNDATION OF NORTH FLORIDA INC