FLORIDA FOUNDATION SEED PRODUCERS INC

As filed

Subsection

03

NTEE code

K05

Classification

2000

Street

PO BOX 309

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

• The Organization acts as an agent for the Florida Agricultural Experiment Station (FAES) and collects royalties on released and licensed cultivars. In the capacity of being an agent, the organization provides office space and personnel to handle the plant variety protection, trademark, plant patent breeders rights applications. The Organization facilitates the licensing and marketing of FAES released cultivars and is responsible for the negotiation, execution, and management of contracts.

  Expenses $19,150,469 · Grants $13,968,622

• The Organization works with the Institute of Food and Agricultural Sciences of the University of Florida for the purposes of increasing foundation seed from the point at which a variety is developed by a trained plant breeder to the state where ample stocks are made available to qualified seed producers. The Organization owns 500 acres of land near Mariana, Florida. The Organization owns farming equipment, processing equipment and storage facilities that it uses to grow, harvest and process foundation seed products. The majority of the costs incurred are included in the cost of goods sold, line 10b of Part VIII.

  Expenses $91,756

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2023

  Revenue

  $20,059,103

  Expenses

  $19,406,862

  Contributions

  $1,325

  Grants paid

  $13,968,622

• 2022

  Revenue

  $16,336,909

  Expenses

  $16,037,334

  Contributions

  $1,550

  Grants paid

  $11,768,484

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $18,438,101

  Expenses

  $17,305,502

  Assets (EOY)

  $24,869,112

• 2020 · 990

  Revenue

  $1,978,821

  Expenses

  $913,951

  Assets (EOY)

  $23,088,073

• 2019 · 990

  Revenue

  $2,033,403

  Expenses

  $750,189

  Assets (EOY)

  $20,864,794

• 2018 · 990

  Revenue

  $2,058,325

  Expenses

  $724,958

  Assets (EOY)

  $19,045,887

• 2017 · 990

  Revenue

  $2,006,288

  Expenses

  $667,256

  Assets (EOY)

  $16,350,700

• 2016 · 990

  Revenue

  $1,828,885

  Expenses

  $647,641

  Assets (EOY)

  $14,968,472

• 2015 · 990

  Revenue

  $1,440,976

  Expenses

  $608,313

  Assets (EOY)

  $13,058,339

• 2014 · 990

  Revenue

  $1,103,629

  Expenses

  $521,305

  Assets (EOY)

  $11,116,052

• 2013 · 990

  Revenue

  $922,253

  Expenses

  $446,505

  Assets (EOY)

  $10,268,732

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• University of Florida

  $13,341,755

  2023 · Research support

• University of Florida

  $11,312,304

  2022 · Research support

• University of Florida Foundation

  $623,665

  2023 · Endowment and Other Support

• University of Florida Foundation

  $456,180

  2022 · Endowment

• University of Florida

  $3,202

  2022 · Admin support

• University of Florida

  $3,202

  2023 · Admin support

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files