Florida Engineering Foundation Inc
- Assets
- $1.6m
- Revenue
- $303.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 06/1987
- Data as of
- 09/2021
- EIN
- 59-2741883
Organization Overview
Florida Engineering Foundation Inc is located in Tallahassee, FL. The organization was established in 1987. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Engineering Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Florida Engineering Foundation Inc generated $303.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $241.8k during the year ending 09/2021. While expenses have increased by 4.0% per year over the past 6 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
TO PROMOTE THE ENGINEERING PROFESSION BY SUPPORTING EDUCATIONAL PROGRAMS IN ENGINEERING AND PROVIDING SCHOLARSHIPS TO ENGINEERING STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING THE MATHCOUNTS PROGRAM - A MIDDLE SCHOOL MATHEMATICS COACHING COMPETITION AT LOCAL AND STATE LEVELS (3,000+ PARTICIPANTS)
CHAPTER & SPONSORSHIP AWARDS - TO PROMOTE THE PROFESSION AT THE LOCAL/CHAPTER AND ISSUE COMPETITION AWARDS
SCHOLARSHIPS - AWARD SCHOLARSHIPS TO FLORIDA STUDENTS PURSUING ENGINEERING DEGREES (22 AWARDED IN CURRENT FISCAL YEAR). SPONSOR 2 SCHOLARSHIPS FOR FLORIDA ENGINEERING LEADERSHIP INSTITUTE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Crump Treasurer | OfficerTrustee | 1 | $0 |
Andy Cummings Chair | OfficerTrustee | 1 | $0 |
Steve M Goldstein Secretary | OfficerTrustee | 1 | $0 |
Robert Trompke Vice-Chair | OfficerTrustee | 1 | $0 |
Lisa K Stone Former Treas | OfficerTrustee | 1 | $0 |
Ashley Anderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $14,235 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $269,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $283,278 |
| Total Program Service Revenue | $0 |
| Investment income | $10,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,911 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $52,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,953 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,190 |
| Advertising and promotion | $0 |
| Office expenses | $1,484 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,285 |
| Total functional expenses | $241,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,346 |
| Savings and temporary cash investments | $200,554 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $291 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,330,623 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,556,814 |
| Accounts payable and accrued expenses | $0 |
| 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 | $595,358 |
| Total liabilities | $595,358 |
| Net assets without donor restrictions | $540,227 |
| Net assets with donor restrictions | $421,229 |
| 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 | $1,556,814 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Florida Engineering Foundation Inc has recieved totaling $14,755.
| Awarding Organization | Amount |
|---|---|
Mathcounts Foundation Alexandria, VA PURPOSE: State Registration Fee Reimbursements | $8,755 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING/VARIOUS | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ductile Iron Pipe Research Assn Birmingham, AL | $1,195,921 | $5,407,671 |
American Council Of Engineering Companies Of Ga Atlanta, GA | $798,765 | $1,642,968 |
Florida Engineering Society Inc Tallahassee, FL | $3,195,211 | $906,061 |
International Union Of Operating Engineers O E U 474 Pooler, GA | $5,905,532 | $983,203 |
Construction Association Of Florida Inc Fort Lauderdale, FL | $2,796,235 | $745,414 |
International Union Of Operating Engineer 312 Birmingham, AL | $3,072,917 | $787,293 |
American Society Of Civil Engineers Lake Worth, FL | $852,858 | $713,075 |
Georgia Construction Aggregate Association Inc Duluth, GA | $666,579 | $485,142 |
American Council Of Engineering Companies Of Alabama Montgomery, AL | $318,800 | $519,240 |
International Union Of Operating Engineers Local No 653 Mobile, AL | $1,235,592 | $378,966 |
Florida Engineering Foundation Inc Tallahassee, FL | $1,556,814 | $303,719 |
Engineering Contractors Association Of South Florida Inc Pembroke Pines, FL | $844,054 | $367,966 |