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Nonprofiteer
← FLORIDA POLICY INSTITUTE INC

Form 990 for tax year 2023

Filed by FLORIDA POLICY INSTITUTE INC.

Totals

Total revenue
$1,687,165
Total expenses
$1,555,880
Contributions and grants received
$1,680,187
Grants paid
$90,000
Program service revenue
$0
Investment income
$6,978
Other revenue
$0
Total assets, end of year
$3,063,511
Total liabilities, end of year
$133,752
Net assets or fund balances, end of year
$2,929,759
Program services expenses (Part IX)
$1,446,345
Management and general expenses
$76,930
Fundraising expenses
$32,605
Program service expenses (Part III)
$1,446,345

Program services were 93.0% 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

    $1,680,187

  • 3 · Investment income

    total $6,978 · excluded $6,978

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $90,000 · program services $90,000

  • 5 · Compensation of officers, directors and key employees

    total $245,943 · program services $229,933 · management and general $9,455 · fundraising $6,555

  • 7 · Other salaries and wages

    total $667,024 · program services $628,542 · management and general $23,089 · fundraising $15,393

  • 8 · Pension plan contributions

    total $8,217 · program services $8,076 · management and general $112 · fundraising $29

  • 9 · Other employee benefits

    total $84,281 · program services $80,906 · management and general $2,148 · fundraising $1,227

  • 10 · Payroll taxes

    total $69,492 · program services $65,483 · management and general $2,405 · fundraising $1,604

  • 11b · Fees: legal

    total $412 · management and general $412

  • 11c · Fees: accounting

    total $30,388 · management and general $30,388

  • 11d · Fees: lobbying

    total $85,000 · program services $85,000

  • 11g · Fees: other

    total $107,008 · program services $103,788 · management and general $2,152 · fundraising $1,068

  • 12 · Advertising and promotion

    total $15,602 · program services $14,822 · fundraising $780

  • 13 · Office expenses

    total $7,313 · program services $6,891 · management and general $253 · fundraising $169

  • 14 · Information technology

    total $40,610 · program services $38,267 · management and general $1,406 · fundraising $937

  • 16 · Occupancy

    total $11,288 · program services $10,637 · management and general $391 · fundraising $260

  • 17 · Travel

    total $45,643 · program services $41,362 · management and general $2,179 · fundraising $2,102

  • 19 · Conferences, conventions and meetings

    total $6,920 · program services $5,562 · management and general $1,179 · fundraising $179

  • 22 · Depreciation, depletion and amortization

    total $21,971 · program services $19,386 · management and general $712 · fundraising $1,873

  • 23 · Insurance

    total $7,149 · program services $6,737 · management and general $247 · fundraising $165

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $8,062 · program services $7,597 · management and general $279 · fundraising $186

  • 24b · Other expenses: PROFESSIONAL DEVELOPMEN

    total $1,558 · program services $1,468 · management and general $54 · fundraising $36

  • 24c · Other expenses: SPONSORSHIP FEES

    total $1,018 · program services $959 · management and general $35 · fundraising $24

  • 24d · Other expenses: LICENSES AND PERMITS

    total $567 · program services $534 · management and general $20 · fundraising $13

  • 24e · All other expenses

    total $414 · program services $395 · management and general $14 · fundraising $5

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $161,703 · end of year $154,039

  • 2 · Savings and temporary cash investments

    beginning of year $1,984,742 · end of year $2,215,079

  • 3 · Pledges and grants receivable

    beginning of year $713,000 · end of year $551,501

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,088 · end of year $10,017

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

    $85,375

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

    $52,073

  • 10c · Land, buildings and equipment, net

    beginning of year $49,301 · end of year $33,302

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $98,473

  • 15 · Other assets

    beginning of year $1,100 · end of year $1,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,151 · end of year $54,949

  • 19 · Deferred revenue

    beginning of year $66,309 · end of year $78,803

  • 27 · Net assets without donor restrictions

    beginning of year $90,596 · end of year $1,358,330

  • 28 · Net assets with donor restrictions

    beginning of year $2,707,878 · end of year $1,571,429

Mission and programs · 2023

Mission

FPI'S MISSION IS TO ADVANCE STATE POLICIES AND BUDGETS THAT IMPROVE THE ECONOMIC MOBILITY AND QUALITY OF LIFE FOR ALL FLORIDIANS. OUR VISION IS THAT OF A STATE WHERE EVERY FLORIDIAN HAS AN EQUAL OPPORTUNITY TO THRIVE (CONTINUED ON SCHEDULE O)

Activities or mission (Part I)

TO ADVANCE STATE POLICIES THAT IMPROVE THE ECONOMIC MOBILITY AND QUALITY OF LIFE FOR ALL FLORIDIANS

  • FPI'S ACTIVITIES IN 2023 CONSISTED OF THE FOLLOWING: CONDUCTING HIGH QUALITY, CREDIBLE RESEARCH; ANALYZING PUBLIC POLICY AND DEVELOPING POLICY RECOMMENDATIONS; EDUCATING POLICYMAKERS, THE PUBLIC, AND THE MEDIA; BUILDING STRATEGIC PARTNERSHIPS WITH ORGANIZATIONS AND COALITIONS; AND ADVOCATING FOR SMART PUBLIC POLICIES. OUR GOAL IS TO BE AN ACCURATE, TRUSTED SOURCE OF INFORMATION FOR POLICYMAKERS, ADVOCATES, THE MEDIA, AND THE PUBLIC AT LARGE. FPI'S MISSION IS TO ADVANCE STATE POLICIES AND BUDGETS THAT IMPROVE THE ECONOMIC MOBILITY AND QUALITY OF LIFE FOR ALL FLORIDIANS. OUR VISION IS THAT OF A STATE WHERE EVERY FLORIDIAN HAS AN EQUAL OPPORTUNITY TO THRIVE; A STATE WHERE EVERYONE HAS EQUITABLE ACCESS TO HEALTH CARE, EDUCATION, HOUSING, AND JOBS WITH NO BARRIERS BASED ON RACE OR ETHNICITY.

    Expenses $1,446,345 · Grants $90,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sadaf Knight

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $121,541
    From this org
    $105,263
    From related orgs
    $0
    Other
    $16,278
    Hours/week
    40

  • Holly Bullard

    CHIEF STRAT. & DEV. OFFICE

    Total calculated
    $124,403
    From this org
    $95,016
    From related orgs
    $0
    Other
    $29,387
    Hours/week
    40

  • Brent Schillinger

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Braulio Colon

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.25

  • Jasmine Gebon

    TREASURER

    Total calculated
    $0
    Hours/week
    0.23

  • Naim Kapucu

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.25

  • Alison Debelder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Cindy Arenberg Seltzer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Howard Simon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

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

  • FLORIDA IMMIGRANT COALITION

    $60,000

    SUPPORT ADVOCACY AND OUTREACH RELATING TO ANTI-IMMIGRANT INITIATIVES IN FLORIDA.

  • NEW VENTURE FUND

    $20,000

    SUPPORT ADVOCACY AND OUTREACH RELATING TO ANTI-IMMIGRANT INITIATIVES IN FLORIDA. NEW VENTURE FUND IS THE FISCAL SPONSOR OF THEDREAM.US, WHO WAS THE PARTNER ORGANIZATION RECEIVING THE GRANT.

  • FAMILIES FOR STRONG PUBLIC SCHOOLS

    $10,000

    SUPPORT EFFORTS TO PRESERVE FUNDING FOR K-12 EDUCATION IN FLORIDA.

Provenance

Return type
form_990
Tax year
2023
Filed
30 September 2024
IRS schema version
2023v5.1
Source object
202432769349301618

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