Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $10,550

• 1f · All other contributions, gifts and grants

  $83,650

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $84,981 · excluded $84,981

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $127,047

• 7c · Gain or loss

  securities $127,047 · other assets $0

• 7d · Net gain or loss

  total $127,047 · excluded $127,047

• 8a · Fundraising events: gross income

  $5,395

• 8a · Fundraising events: contributions included on line 1c

  $10,550

• 8b · Fundraising events: direct expenses

  $4,307

• 8c · Net income from fundraising events

  total $1,088 · excluded $1,088

• 11a · Other revenue: Other Revenue

  total $9 · excluded $9

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $9

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $11,500 · program services $11,500

• 5 · Compensation of officers, directors and key employees

  total $90,018 · program services $90,018

• 10 · Payroll taxes

  total $5,197 · program services $5,197

• 11c · Fees: accounting

  total $13,500 · management and general $13,500

• 11f · Fees: investment management

  total $23,795 · management and general $23,795

• 11g · Fees: other

  total $0 · program services $0 · management and general $0 · fundraising $0

• 13 · Office expenses

  total $1,093 · management and general $1,093

• 16 · Occupancy

  total $6,131 · management and general $6,131

• 22 · Depreciation, depletion and amortization

  total $600 · management and general $600

• 23 · Insurance

  total $2,095 · management and general $2,095

• 24a · Other expenses: PROVISION FOR LOANS

  total $17,359 · program services $17,359

• 24b · Other expenses: FBA Expense ALLOCATION

  total $3,600 · management and general $3,600

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $43,899 · end of year $34,839

• 4 · Accounts receivable

  beginning of year $3,718 · end of year $3,593

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,671 · end of year $1,666

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

  $1,800

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

  $950

• 10c · Land, buildings and equipment, net

  beginning of year $1,450 · end of year $850

• 11 · Investments: publicly traded securities

  beginning of year $3,157,771 · end of year $3,380,011

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $45,202 · end of year $31,857

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $0 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $3,023,307 · end of year $3,249,102

• 28 · Net assets with donor restrictions

  beginning of year $140,000 · end of year $140,000

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

THE FOUNDATION COMPENSATION PACKAGES ARE APPROVED BY THE CEO OF FLORIDA THE FOUNDATION'S ANNUAL BUDGET IS APPROVED EACH YEAR BY THE BOARD OF BANKERS ASSOCIATION AND INCLUDED IN THE ANNUAL BUDGET OF THE ORGANIZATION. TRUSTEES.