Form 990 for tax year 2022
Filed by FOUNDATION FOR SEMINOLE STATE COLLEGE OF FLORIDA INC.
Totals
- Total revenue
- $3,394,711
- Total expenses
- $3,199,671
- Contributions and grants received
- $2,158,407
- Grants paid
- $2,586,617
- Program service revenue
- $431,414
- Investment income
- $603,251
- Other revenue
- $201,639
- Total assets, end of year
- $34,727,967
- Total liabilities, end of year
- $185,515
- Net assets or fund balances, end of year
- $34,542,452
- Program services expenses (Part IX)
- $2,627,726
- Management and general expenses
- $571,945
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,627,726
Program services were 82.1% 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.
-
1c · Fundraising events
$196,071
-
1e · Government grants (contributions)
$103,209
-
1f · All other contributions, gifts and grants
$1,859,127
-
1g · Noncash contributions included above
$47,164
-
2a · Program service revenue: PROGRAM REVENUE
total $431,414 · related or exempt $431,414
-
3 · Investment income
total $879,835 · excluded $879,835
-
7a · Gross sales of assets other than inventory
securities $8,278,617 · other assets $2,600,000
-
7b · Less cost or other basis and sales expenses
securities $8,555,201 · other assets $2,600,000
-
7c · Gain or loss
securities -$276,584
-
7d · Net gain or loss
total -$276,584 · excluded -$276,584
-
8a · Fundraising events: gross income
$350,542
-
8a · Fundraising events: contributions included on line 1c
$196,071
-
8b · Fundraising events: direct expenses
$169,683
-
8c · Net income from fundraising events
total $180,859 · excluded $180,859
-
9a · Gaming: gross income
$20,780
-
9c · Net income from gaming
total $20,780 · excluded $20,780
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,347,050 · program services $1,347,050
-
2 · Grants to domestic individuals
total $1,239,567 · program services $1,239,567
-
11c · Fees: accounting
total $32,000 · management and general $32,000
-
11d · Fees: lobbying
total $144,000 · management and general $144,000
-
11f · Fees: investment management
total $112,184 · management and general $112,184
-
11g · Fees: other
total $82,002 · management and general $82,002
-
13 · Office expenses
total $5,683 · management and general $5,683
-
14 · Information technology
total $36,661 · management and general $36,661
-
17 · Travel
total $5,972 · management and general $5,972
-
19 · Conferences, conventions and meetings
total $41,942 · management and general $41,942
-
23 · Insurance
total $4,684 · management and general $4,684
-
24a · Other expenses: PUBLIC REL/COMM SUP
total $51,639 · management and general $51,639
-
24b · Other expenses: MEMBERSHIP DUES
total $48,280 · management and general $48,280
-
24c · Other expenses: MATERIALS & SUPPLIES
total $40,045 · program services $40,045
-
24d · Other expenses: FOOD
total $4,002 · management and general $4,002
-
24e · All other expenses
total $3,960 · program services $1,064 · management and general $2,896
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,455,312 · end of year $5,316,397
-
3 · Pledges and grants receivable
beginning of year $943,716 · end of year $206,914
-
10a · Land, buildings and equipment: cost or other basis
$1,472,171
-
10c · Land, buildings and equipment, net
beginning of year $4,072,171 · end of year $1,472,171
-
11 · Investments: publicly traded securities
beginning of year $25,349,139 · end of year $27,721,865
-
15 · Other assets
beginning of year $7,200 · end of year $10,620
-
17 · Accounts payable and accrued expenses
beginning of year $1,976
-
25 · Other liabilities
beginning of year $288,984 · end of year $185,515
-
27 · Net assets without donor restrictions
beginning of year $6,668,123 · end of year $11,762,289
-
28 · Net assets with donor restrictions
beginning of year $25,868,455 · end of year $22,780,163
Mission and programs · 2022
Mission
TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS. THE FOUNDATION PROVIDES RESOURCES THAT SUPPORT ACADEMIC EXCELLENCE, INCREASED ACCESS, AND VITAL COMMUNITY OUTREACH WHICH ASSIST IN THE ADVANCEMENT OF THE INSTITUTION, STUDENTS, FACULTY AND STAFF.
Activities or mission (Part I)
TO ENHANCE SEMINOLE STATE COLLEGE OF FLORIDA'S PROGRAMS AND SERVICES THROUGH THE DEVELOPMENT AND MANAGEMENT OF PRIVATE CONTRIBUTIONS AND COMMUNITY PARTNERSHIPS
-
PROVIDE MERIT AND NEED BASED SCHOLARSHIPS, IN ACCORDANCE WITH DONOR CRITERIA, TO SEMINOLE STATE COLLEGE STUDENTS FOR THE YEAR ENDED JUNE 30, 2023. THE FOUNDATION AWARDED 1,612 SCHOLARSHIPS TO STUDENTS IN FISCAL YEAR 2023. THE AVERAGE SCHOLARSHIP AWARD WAS 769.
Expenses $1,239,567 · Grants $1,239,567
-
PROVIDE FINANCIAL SUPPORT TO SEMINOLE STATE COLLEGE FOR MANY ACADEMIC UNITS, INCLUDING FINE AND PERFORMING ARTS, HONORS, SMALL BUSINESS SERVICES, NURSING, AUTOMOTIVE, CONSTRUCTION PROGRAM, ATHLETICS, SCIENCES, PUBLIC SAFETY, STUDENT SERVICES AND MANY OTHERS.
Expenses $740,976 · Grants $699,867 · Revenue $431,414
-
PROVIDE GRANTS TO SEMINOLE STATE COLLEGE TO SUPPORT FACULTY THROUGH ENDOWED TEACHING CHAIRS, MINI-GRANT AWARDS, STAFF DEVELOPMENT AND PERSONNEL COSTS FOR NURSING PROFESSORS AND FOR ADVISORS FOR FIRST TIME IN COLLEGE STUDENTS.
Expenses $647,183 · Grants $647,183
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
JOHN GYLLIN
EXECUTIVE DI
- Total calculated
- $192,375
- From this org
- $0
- From related orgs
- $165,402
- Other
- $26,973
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- not reported + $156,502 related
- Bonus
- not reported + $3,500 related
- Other
- not reported + $5,400 related
- Deferred
- not reported + $19,622 related
- Nontaxable benefits
- not reported + $7,351 related
- Filer's total
- not reported + $192,375 related
-
TREY ABSHIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CARRALYCE BUFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EVELYN CARDENAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY COOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MELANIE CORNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PATRICIA D'ALESSANDRO
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER DAVID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN DOLAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DAN DONOVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAQUIE DUA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HARRY ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DANIEL GEBON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOMINIC GUNDACKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CATALINA HOYOS-NIPE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER JAMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TRICIA JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
C MIKE LLOYD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MAURIZIO MASO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LARRY MEADOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTY MOIST
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL MORGAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
JOSH MURDOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SAMUEL NELSON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
BENJAMIN NEWMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
NANCY NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE PIERCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
OLIVER PINNOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KEITH RAYMOND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
REBECCA RHODEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROB ROSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KENNETH ROSENFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CAITLIN SARAFIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIMOTHY SLATTERY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TIM SMITH
IMMEDIATE PA
- Total calculated
- $0
- Hours/week
- 1
-
NYEA STURMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KAREN SWEAT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT UTSEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PARDEEP VEDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JEFF VILLANUEVA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TOM WANNEN
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
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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
-
SEMINOLE STATE COLLEGE OF FLORIDA
$1,299,886
SEE PART IV
-
SEMINOLE STATE COLLEGE OF FLORIDA
no cash amount reported
SEE PART IV
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.
-
SEMINOLE STATE COLLEGE OF FLORIDA
GOVT · EDUCATION · FL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 21 September 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313199349318546
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.