Form 990 for tax year 2023
Filed by FLORIDA TRANSPORTATION BUILDERSASSOCIATION SCHOLARSHIP FUND INC.
Totals
- Total revenue
- $297,812
- Total expenses
- $240,626
- Contributions and grants received
- $275,473
- Grants paid
- $236,148
- Program service revenue
- $0
- Investment income
- $22,339
- Other revenue
- $0
- Total assets, end of year
- $642,540
- Total liabilities, end of year
- $7,500
- Net assets or fund balances, end of year
- $635,040
- Program services expenses (Part IX)
- $240,626
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $240,626
Program services were 100.0% 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
$275,473
-
3 · Investment income
total $17,429 · excluded $17,429
-
7a · Gross sales of assets other than inventory
securities $31,986
-
7b · Less cost or other basis and sales expenses
securities $27,076
-
7c · Gain or loss
securities $4,910
-
7d · Net gain or loss
total $4,910 · excluded $4,910
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $236,148 · program services $236,148
-
11f · Fees: investment management
total $4,478 · program services $4,478
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $14,768
-
2 · Savings and temporary cash investments
beginning of year $690,932 · end of year $609,272
-
3 · Pledges and grants receivable
beginning of year $2,750 · end of year $18,500
-
17 · Accounts payable and accrued expenses
beginning of year $141,500 · end of year $7,500
-
25 · Other liabilities
beginning of year $12,000 · end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $540,182 · end of year $635,040
Mission and programs · 2023
Mission
PROVIDE SCHOLARSHIP AID TO GRADUATING SENIORS OF FLORIDA TRANSPORTATION BUILDERS ASSOCIATION (FTBA) MEMBER COMPANY EMPLOYEES.
-
SCHOLARSHIPS AWARDED AND ADMINISTRATION OF AWARDING THE SCHOLARSHIPS
Expenses $240,626 · Grants $236,148
As filed on the 2023 return.
Listed in Part VII
-
Keith WaughKEITH WAUGH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Ananth PrasadANANTH PRASAD
DIRECTOR
- Total calculated
- $524,608
- From this org
- $0
- From related orgs
- $491,505
- Other
- $33,103
- Hours/week
- 1 + 45 related
Schedule J breakdown matched by us
- Base
- $0 + $441,505 related
- Bonus
- $0 + $50,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $33,103 related
- Filer's total
- $0 + $524,608 related
-
Bob BurlesonBOB BURLESON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rusty BirchallRUSTY BIRCHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
Bonnie RimelBONNIE RIMEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gene StricklandGENE STRICKLAND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Henry MayfieldHENRY MAYFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 5 related
-
John MorrisJOHN MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lou BuenaventuraLOU BUENAVENTURA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pete KelleyPETE KELLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Curtis LongCURTIS LONG
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 2 · Substantiation required before reimbursing expenses
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 1b · Written policy on the line-1a expenses
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- FTBA PAID FOR ANATH PRASAD'S GOVERNOR'S CLUB FEES ($1,870)
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FLORIDA TRANSPORTATION BUILDERS ASSOCIATION
501(C)(6) · TRANSPORTATION BUILDERS ASSOCIATION · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501359349311865
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