FICPA SCHOLARSHIP FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

FICPA SCHOLARSHIP FOUNDATION INC

EIN 59-6152454 · Chambers of Commerce & Business Leagues (S41)

What they do

OUR MISSION is to PROVIDE SUPPORT and FOSTER SUCCESS for CURRENT and FUTURE CPAS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.80 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 2024The charity has a recent tax report to read.

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

They name their leaders26 people are listed in the latest report.

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

Money made simple

30.25%of revenue went to mission work72.8% of expenses · Program services

3.59%of revenue went to fundraising8.7% of expenses

$41.54spent for every $100 of revenueRevenue covered expenses this year.

7.70%of revenue went to management and office costs18.5% of expenses

$14.74in assets for every $1 spent this yearSome assets cannot be spent right away.

55.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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

Pay context: The highest compensation shown in this filing is $51,689 for SHELLY WEIR (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

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 2024

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.

$100revenue

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$663,250

Mission workProgram services$200,62430.25% of revenue72.8% of expenses

ManagementOffice and general costs$51,0677.70% of revenue18.5% of expenses

FundraisingAsking for donations$23,8423.59% of revenue8.7% of expenses

Revenue left after expensesReported annual surplus$387,71758.46% of revenueShown in gray on the chart

Total expenses$275,53341.54% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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

2024CurrentExpense mix: 72.8% mission · 18.5% management · 8.7% fundraisingTotal expenses: 41.54% of revenue

2023Expense mix: 73.8% mission · 16.1% management · 10.1% fundraisingTotal expenses: 81.03% of revenue

2022Expense mix: 74.0% mission · 15.2% management · 10.9% fundraisingTotal expenses: 29.07% of revenue

2021Expense mix: 76.4% mission · 18.8% management · 4.8% fundraisingTotal expenses: 83.53% of revenue

2020Expense mix: 87.9% mission · 12.1% management · 0.0% fundraisingTotal expenses: 84.95% of revenue

2019Expense mix: 78.3% mission · 21.7% management · 0.0% fundraisingTotal expenses: 102.77% of revenue

2018Expense mix: 84.6% mission · 13.6% management · 1.8% fundraisingTotal expenses: 98.94% of revenue

2017Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 115.11% of revenue

Money in and money out

Revenue$663,250

Expenses$275,533

Annual surplus $387,717 Revenue was higher than expenses 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)$200,624 · 72.8% of expenses

Management and office costs$51,067 · 18.5% of expenses

Fundraising$23,842 · 8.7% of expenses

See all reported dollar amounts

Revenue$663,250

Expenses$275,533

Assets$4,060,121

Income$776,704

Contributions$364,757

Mission work (program services)$200,624

Fundraising$23,842

Management and general$51,067

Stocks and bonds$3,518,205

Accounting fees$21,892

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

SHELLY WEIRPRESIDENT/CEO · 1 hrs/week $51,689Base · Other $51,689

IVEY ROSE SMITHVP OF MEMBERSHIP · 1 hrs/week $39,940Base · Other $39,940

PAUL BROWNVP OF PROF & TECH STANDARDS · 1 hrs/week $33,661Base · Other $33,661

KRISTIN HIGHCHIEF FINANCIAL OFFICER · 1 hrs/week $33,158Base · Other $33,158

KAREN DOWREGIONAL DIRECTOR · 1 hrs/week $24,207Base · Other $24,207

MAGGIE DUNNDIRECTOR OF MARKETING STRATEGY · 1 hrs/week $19,292Base · Other $19,292

CARRIE SUMMERLINCHIEF GROWTH & INNOVAT OFFICER · 1 hrs/week $18,119Base · Other $18,119

JASON HARRELLCHIEF EXTERNAL AFFAIRS OFFICER · 1 hrs/week $9,587Base · Other $9,587

JIM GUROWKACHIEF GROWTH OFFICER · 1 hrs/week $2,871Base · Other $2,871

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

SHELLY WEIRPRESIDENT/CEO

IVEY ROSE SMITHVP OF MEMBERSHIP

PAUL BROWNVP OF PROF & TECH STANDARDS

KRISTIN HIGHCHIEF FINANCIAL OFFICER

KAREN DOWREGIONAL DIRECTOR

MAGGIE DUNNDIRECTOR OF MARKETING STRATEGY

CARRIE SUMMERLINCHIEF GROWTH & INNOVAT OFFICER

JASON HARRELLCHIEF EXTERNAL AFFAIRS OFFICER

JIM GUROWKACHIEF GROWTH OFFICER

RUMMESA ABRARTRUSTEE (EFF. 7/1/2024)

RICHARD LAVINATRUSTEE (EFF. 7/1/2024)

SILVANA CAPALDIEXECUTIVE CHAIR

PAOLA SUAREZTRUSTEE

STEVE KENNEDYTRUSTEE (EFF. 7/1/2024)

ALAN WESTTRUSTEE

NANCY JURONTRUSTEE

STEVE MORRISONNOMINATING COMMITTEE CHAIR

LORIE GLEIMTRUSTEE

JENNIFER KELLERFUNDRAISING COMMITTEE CHAIR

JASON KLEINFINANCE COMMITTEE CHAIR

CHRIS BAGWELLTRUSTEE (EFF. 7/1/2024)

CARSHENA ALLISONTRUSTEE

BINITA MEHTAPROGRAMS COMMITTEE CHAIR

ASHLYN VANDENDRIESSCHETRUSTEE (EFF. 7/1/2024)

ANA DEL CERRO-FALSTRUSTEE (EFF. 7/1/2024)

AMANDA PORUPSKITRUSTEE

About this charity

Recognized since: January 1960
Location: 250 S ORANGE AVE SUITE 300P, ORLANDO, FL 32801-3441
County: Orange
In care of: % SHELLY WEIR
Primary officer: SHELLY WEIR, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailfoundation@ficpa.org Phone(800) 342-3197 Officer phone(850) 224-2727

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: WITHUMSMITHBROWNPC
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues