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Nonprofiteer
← FLOAT HOPE OF INDIAN RIVER COUNTY INC

Form 990 for tax year 2025

Filed by FLOAT HOPE OF INDIAN RIVER COUNTY INC.

Totals

Total revenue
$403,704
Total expenses
$333,989
Contributions and grants received
$375,832
Grants paid
$0
Program service revenue
$0
Investment income
$27,872
Other revenue
$0
Total assets, end of year
$1,195,272
Total liabilities, end of year
$2,542
Net assets or fund balances, end of year
$1,192,730
Program services expenses (Part IX)
$251,557
Management and general expenses
$36,171
Fundraising expenses
$46,261
Program service expenses (Part III)
$251,557

Program services were 75.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $375,832

  • 1g · Noncash contributions included above

    $17,431

  • 3 · Investment income

    total $22,061 · excluded $22,061

  • 7a · Gross sales of assets other than inventory

    securities $155,464

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

    securities $149,653

  • 7c · Gain or loss

    securities $5,811

  • 7d · Net gain or loss

    total $5,811 · excluded $5,811

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $50,871 · program services $10,174 · management and general $20,349 · fundraising $20,348

  • 10 · Payroll taxes

    total $3,966 · program services $793 · management and general $1,586 · fundraising $1,587

  • 11c · Fees: accounting

    total $6,961 · program services $67 · management and general $6,759 · fundraising $135

  • 11g · Fees: other

    total $238,892 · program services $238,892

  • 12 · Advertising and promotion

    total $18,310 · management and general $28 · fundraising $18,282

  • 13 · Office expenses

    total $4,262 · program services $720 · management and general $2,872 · fundraising $670

  • 23 · Insurance

    total $1,389 · management and general $1,389

  • 24a · Other expenses: PRINTING

    total $4,557 · program services $911 · management and general $2,692 · fundraising $954

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $3,157 · fundraising $3,157

  • 24c · Other expenses: POSTAGE AND SHIPPING

    total $1,128 · fundraising $1,128

  • 24d · Other expenses: OTHER

    total $496 · management and general $496

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $152,998 · end of year $161,515

  • 3 · Pledges and grants receivable

    end of year $26,000

  • 4 · Accounts receivable

    end of year $43,175

  • 9 · Prepaid expenses and deferred charges

    end of year $2,670

  • 11 · Investments: publicly traded securities

    beginning of year $2,748 · end of year $4,823

  • 15 · Other assets

    beginning of year $0 · end of year $957,089

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,994 · end of year $2,542

  • 27 · Net assets without donor restrictions

    beginning of year $153,752 · end of year $209,641

  • 28 · Net assets with donor restrictions

    end of year $983,089

Mission and programs · 2025

Mission

THE PURPOSE OF THE CORPORATION IS TO ADVANTAGE CHILDREN, ADOLESCENTS, AND TEENAGERS IN OUR COMMUNITY WITHOUT ADEQUATE FINANCIAL MEANS TO PARTICIPATE IN SWIMMING ON A YEAR-ROUND BASIS. THE CORPORATION SHALL FACILITATE WITH ITS FUNDS, PROGRAMS, INCLUDING (CONTINUED ON SCHEDULE O).

  • OVER 100 CHILDREN AND ADOLESCENTS THROUGHOUT INDIAN RIVER COUNTY WERE TAUGHT HOW TO SWIM AND WERE ABLE TO SWIM COMPETITIVELY ON A SWIM TEAM.

    Expenses $251,557

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeffrey R Powers

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Lucius Hill

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Susan Van Der Stricht

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Debra Duarte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lori Gonye

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mandy Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rennie Gibb

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • April Ensio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Freddie Woolfork

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2025
Filed
2 June 2026
IRS schema version
2025v4.1
Source object
202611569349301026

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