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ENTERPRISE FLORIDA INC

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Public IRS 990 nonprofit record

ENTERPRISE FLORIDA INC

EIN 59-3165226 · Community Improvement & Capacity Building (S110)

What they do

ENTERPRISE FLORIDA, INC. ("EFI") ACCOMPLISHES ITS MISSION of FACILITATING JOB GROWTH for FLORIDAS BUSINESSES and CITIZENS BY FOCUSING ON A WIDE RANGE of INDUSTRY SECTORS, INCLUDING CLEAN ENERGY, LIFE SCIENCES, INFORMATION TECHNOLOGY, AVIATION/AEROSPACE, HOMELAND SECURITY/DEFENSE, FINANCIAL/PROFESSIONAL SERVICES and MANUFACTURING. IN COLLABORATION WITH A STATEWIDE NETWORK of REGIONAL and LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS, EFI HELPS to IMPROVE FLORIDAS BUSINESS CLIMATE, ENSURING THE STATES GLOBAL COMPETITIVENESS. EFI is COMMITTED to ASSISTING COMPANIES CONFIDENTIALLY WITH THEIR EXPANSION and LOCATION PLANS. EFI PROVIDES SITE SELECTION SERVICES, DEMOGRAPHIC INFORMATION, INCENTIVE INFORMATION, TRADE LEADS and MUCH MORE. WE ALSO COORDINATE INTRODUCTIONS to OUR NETWORK of ECONOMIC DEVELOPMENT PARTNERS LOCATED THROUGHOUT THE STATE.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $76.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders1 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

460.90%of revenue went to mission work76.1% of expenses · Program services
1.14%of revenue went to fundraising0.2% of expenses
$605.47spent for every $100 of revenueSpending was higher than revenue this year.
143.43%of revenue went to management and office costs23.7% of expenses
$0.29in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $11,503,349 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,275,761
Mission workProgram services$10,489,092460.90% of revenue76.1% of expenses
ManagementOffice and general costs$3,264,090143.43% of revenue23.7% of expenses
FundraisingAsking for donations$25,9281.14% of revenue0.2% of expenses
Total expenses$13,779,110605.47% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 76.1% mission · 23.7% management · 0.2% fundraisingTotal expenses: 605.47% of revenue
2022Expense mix: 71.2% mission · 28.2% management · 0.7% fundraisingTotal expenses: 127.93% of revenue
2021Expense mix: 50.5% mission · 48.9% management · 0.6% fundraisingTotal expenses: 164.54% of revenue
2020Expense mix: 52.0% mission · 47.0% management · 1.0% fundraisingTotal expenses: 65.53% of revenue
2019Expense mix: 67.3% mission · 31.9% management · 0.9% fundraisingTotal expenses: 84.01% of revenue
2018Expense mix: 70.5% mission · 28.8% management · 0.8% fundraisingTotal expenses: 89.12% of revenue
2017Expense mix: 81.7% mission · 18.3% management · 0.0% fundraisingTotal expenses: 127.41% of revenue
2016Expense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 89.50% of revenue

Money in and money out

Revenue$2,275,761
Expenses$13,779,110
Annual shortfall $11,503,349 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,489,092 · 76.1% of expenses
Management and office costs$3,264,090 · 23.7% of expenses
Fundraising$25,928 · 0.2% of expenses
See all reported dollar amounts
Revenue$2,275,761
Expenses$13,779,110
Assets$3,946,424
Income$26,160,707
Mission work (program services)$10,489,092
Fundraising$25,928
Grants given$29,214,006
Average grant$36,426
Management and general$3,264,090
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (1)

MATT SWANSONSENIOR VP/CFO

About this charity

Recognized since
October 1994
Location
800 NORTH MAGNOLIA AVE SUITE 1100, ORLANDO, FL 32803
County
Orange
In care of
MATT SWANSON
Primary officer
MATT SWANSON, SENIOR VP/CFO

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
July 1, 2023
Return type
990
Tax preparer
CHERRY BEKAERT ADVISORY LLC
NTEE classification
Community Improvement & Capacity Building (S110)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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