Florida Educational Risk Management Association Inc in Gainesville, Florida (FL)

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Florida Educational Risk Management Association Inc
Employer Identification Number (EIN)260177250
Name of OrganizationFlorida Educational Risk Management Association Inc
In Care of NameTed J Pafundi
Address4500 Nw 27 Ave, Gainesville, FL 32606-7010
SubsectionCharitable Organization, Educational Organization
Ruling Date09/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$105,310
Amount of Income$99,057
Form 990 Revenue Amount$99,057
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2013: $99,057
Florida Educational Risk Management Association Inc: 

 $99,057
Other organizations performing similar types of work: 

 $41,680

Assets in 2013: $105,310
This organization: 

 $105,310
Other organizations performing similar types of work: 

 $65,579

Expenses in 2013: $73,073
This organization: 

 $73,073
Other organizations performing similar types of work: 

 $24,470

Income to expenses ratio in 2013: 1.4
Florida Educational Risk Management Association Inc: 

 1.4
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2013: 91.8%
Florida Educational Risk Management Association Inc: 

 91.8%
Other organizations performing similar types of work: 

 9.0%

Financial snapshot for 2013 ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$99,057
Contributions, gifts, grants, and similar amounts received$90,921
Program service revenue including government fees and contracts$8,130
Membership dues and assessments$0
Investment income$6
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$73,073
Total net assets$105,310
Excess/Deficit for the year$25,984
Net assets or fund balances at beginning of year$79,326
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$105,310
Balance Sheets
2013
Total assets$105,310
Total liabilities$0
Net assets or fund balances$105,310
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?Yes
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$240,166
Subtotal Support$240,166
Gifts, grants, contributions, and membership fees received$240,166
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$240,258
Public Support$240,166
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$92
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$39,508
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3Tom Mcmahon Construction Scholarship Fund4441 S Abilene Cir, Aurora, CO 80015-1047CO2006-11$18,033
4Archie S Wingfield Jr Charitable Tr Under Ex A Para E Of Archie S W, Charles E Garris Ttee819 Beachland Blvd, Vero Beach, FL 32963-1606FL2010-09$6,406,313
5Wilkes-Desmond Educational FoundationC/O J Cole Cpa 2211 S Flagler Dr, West Palm Beach, FL 33401FL2000-02$6,277,962
6Calvin A King And Jean C King Charitable Foundation Inc110 Byrsonima Cir, Homosassa, FL 34446-4601FL2012-10$4,291,422
7Mary & Bob Sierra Family Foundation Inc509 Guisando De Avila Ste 200, Tampa, FL 33613-5235FL1989-01$3,336,549
8Brightenbroke IncPO BOX 669, High Springs, FL 32655-0669FL2008-06$2,516,476
9Universal Orlando Foundation Inc1000 Universal Studios Plz, Orlando, FL 32819-7601FL1999-06$2,473,648
10The Lee Perelstine Kagan Charitable Trust, Harris Elliott Ttee111 Sw 3rd St 6th Fl, Miami, FL 33130-1926FL2000-03$1,603,222
11Shawn Carter Scholarship Fund1450 Brickell Avenue 18th Floor, Miami, FL 33131-3444FL2003-07$1,233,869
12Andrews Research & Education Institute LlcPO BOX 17500, Pensacola, FL 32522-7500FL2011-10$1,225,082
13Nutter Family Foundation For Education, W Lee Nutter Ttee2749 Forest Cir, Jacksonville, FL 32257-5613FL2012-08$1,122,942
14Ryan Wells Foundation Inc3636 Woodridge Pl, Palm Harbor, FL 34684-2425FL2005-12$930,464
15College For Kids Inc2200 North Florida Mango Road Suite 303, West Palm Beach, FL 33409FL2007-03$849,770
16The Remember To Share Foundation Corporation1926 South Patrick Dr, Indn Hbr Bch, FL 32937-4417FL1999-03$744,398
17Scholarship Assistance Foundation1700 N State Road 7, Lauderhill, FL 33313-5006FL2003-06$711,660
18Sigma Alpha Lambda Inc501 Village Green Pkwy Ste 1, Bradenton, FL 34209-3401FL2004-12$669,045
19Tsic Of Sarasota County IncBldg 14 Room 107, Sarasota, FL 34234FL2003-09$543,779
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Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,083
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,481

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