New Florida Majority Inc
- Assets
- $8.9m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 722
- Location
- Miami, FL
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 27-0167620
Organization Overview
New Florida Majority Inc is located in Miami, FL. The organization was established in 2009. According to its NTEE Classification (R05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, New Florida Majority Inc employed 722 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Florida Majority Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, New Florida Majority Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 29.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FLORIDA RISING, INC., IS AN INDEPENDENT MULTIRACIAL, RACIAL JUSTICE POLITCAL POWER ORGANIZAION WORKING TO INCREASE THE VOTING AND POLITICAL POWER AND INFLUENCE OF MARGINALIZED AND EXCLUDED CONSTITUENCIES TOWARD AN INCLUSIVE, EQUITABLE, AND JUST FLORIDA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ORGANIZING - CONNECTING TO OUR COMMUNITY VIA COMMUNITY EVENTS THROUGHOUT THE STATE OF FLORIDA, LOCAL PEOPLE'S ASSEMBLIES AND AN ANNUAL STATEWIDE ASSEMBLY THROUGHOUT THE STATE OF FLORIDA.
FLORIDA FOR ALL - AN ALLIANCE OF SEVEN ORGANIZATIONS THAT AIM TO COLLABORATIVE EFFORT IN ORDER TO BUILD LONG-TERM STRENGTH AND POWER OF OUR COLLECTIVE MEMBERSHIP, CAPACITIES, AND LEADERSHIP TO SHIFT POWER IN THE STATE OF FLORIDA
ELECTORAL RACES - ENDORSEMENT OF 12 CANDIDATES IN MUNICIPAL ELECTIONS IN MIAMI-DADE, BROWARD, ORANGE, HILLSBOROUGH AND PINELLAS COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Porta Coexecutive | Trustee | 40 | $127,106 |
Andrea Mercado Executive Di | OfficerTrustee | 40 | $120,056 |
Chevalier Lovett Chief Operat | Trustee | 40 | $113,737 |
Victricia Simmons Chief Of Sta | Trustee | 40 | $107,483 |
Mone Holder North Region | Trustee | 40 | $106,702 |
Coy Jones Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,132,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,132,168 |
| Total Program Service Revenue | $0 |
| Investment income | $207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,147,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,005 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $575,084 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $875,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $106,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $214,024 |
| Fees for services: Accounting | $30,345 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $36,839 |
| Office expenses | $36,588 |
| Information technology | $230,450 |
| Royalties | $0 |
| Occupancy | $171,853 |
| Travel | $35,537 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $82,773 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,566 |
| Insurance | $7,645 |
| All other expenses | $0 |
| Total functional expenses | $2,502,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,286,686 |
| Savings and temporary cash investments | $3,036,006 |
| Pledges and grants receivable | $459,889 |
| Accounts receivable, net | $4,004,563 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,431 |
| Net Land, buildings, and equipment | $1,362 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $66,654 |
| Total assets | $8,856,591 |
| Accounts payable and accrued expenses | $1,043,830 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,043,830 |
| Net assets without donor restrictions | $7,812,761 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,856,591 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that New Florida Majority Inc has recieved totaling $2,320,000.
| Awarding Organization | Amount |
|---|---|
Open Society Policy Center Inc New York, NY PURPOSE: SUPPORT POLICY ADVOCACY | $1,000,000 |
Sixteen Thirty Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $280,000 |
All Hands On Deck Network Inc Northampton, MA PURPOSE: UNRESTRICTED | $250,000 |
All Hands On Deck Network Inc Northampton, MA PURPOSE: UNRESTRICTED | $250,000 |
Center For Popular Democracy Brooklyn, NY PURPOSE: CAMPAIGNS - (STATES) | $200,000 |
Women Donors Network Action San Francisco, CA PURPOSE: GENERAL SUPPORT | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Florida Majority Inc Miami, FL | $8,856,591 | $3,147,708 |
Liberty Guard Inc Atlanta, GA | $382,767 | $3,012,102 |
Stono Institute For Freedom Justice And Security Orlando, FL | $51,613 | $38,694 |
Georgiaforward Inc Atlanta, GA | $109,336 | $300,125 |
Ben Marion Institute For Social Justice Inc Atlanta, GA | $38,953 | $0 |
North American Strasbourg Osteosynthesis Research Group Inc Jacksonville, FL | $43,778 | $47,440 |
Miami Freedom Project Inc Miami, FL | $57,448 | $0 |
Academy Of Critical Thinking Inc Atlanta, GA | $4,240 | $2,500 |
Nations In Action Globally Lifting Up Fund Pompano Beach, FL | $206 | $0 |