Florida is for Veterans Inc

Your Pursuit - Our Power

aka Veterans Florida | Tallahassee, FL | www.veteransflorida.org

GuideStar Charity Check

EIN: 47-2327385

Contributions tax deductible
as of May 2023

IRS BMF 509(a)(1)
as of May 08, 2023

View summary

Charity Check report

Mission

Florida is for Veterans, Inc. is a non-profit corporation created by the State of Florida in 2014 to help veterans fully transition to civilian life in the Sunshine State. Our mission is to attract and retain veterans to our great state and to make Florida their permanent residence. House Bill 435 furthered that mission by designating Veterans Florida as the state’s principal Department of Defense SkillBridge assistance organization. Establishing the nation’s first statewide SkillBridge initiative is a major milestone that creates unprecedented opportunities for transitioning servicemembers, builds a talent pipeline for employers, and firmly plants Florida’s flag as the top destination for military families.

Ruling year info

2014

Executive Director

Mr Joe Marino

Main address

930 Thomasville Rd Ste 100

Tallahassee, FL 32303 USA

Show more contact info

EIN

47-2327385

Subject area info

Economic development

Special population support

Population served info

Military personnel

Veterans

NTEE code info

Military/Veterans' Organizations (W30)

Employment, Job Related N.E.C. (J99)

Economic Development (S30)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Blog

Programs and results

Reports and documents

What we aim to solve

SOURCE: Self-reported by organization

Military veterans being under employed or searching for employment.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Career Services Program

Veterans Florida's Career Services Program educates Florida employers on the value of hiring veterans, assist employers with recruiting qualified veterans, and provides access to grants funds for employers to reimburse for job related training costs for veteran employees. Veterans Florida provides veterans, servicemembers, and family members with employment services such as resume assistance, interview preparation, career matching and additional resources available.

Population(s) Served

Military personnel

Veterans

Entrepreneurship Program

The Veterans Florida Entrepreneurship Program several opportunities to meet the needs of veteran entrepreneurs at different stages of their entrepreneurial journey.

The program provides three pathways of instruction. The first pathway, consists of topical workshops and networking opportunities designed to introduce veterans to their local veteran entrepreneurial ecosystems and assist with specific training topics to assist them in their business. The next pathway consists of cohorts designed to assist veteran entrepreneurs with starting their business or growing their early stage business after startup. The final pathway offers coworking and incubator space to assist veterans with early stage startup companies in establishing and growing their company.

Population(s) Served

Military personnel

Veterans

SkillBridge Program

The Department of Defense (DOD) SkillBridge program allows transitioning servicemembers, with commander approval and within their last six months of military service, the opportunity to work for a civilian employer. The program affords servicemembers the opportunity to sharpen critical job skills and obtain specialized training, while retaining their full pay and allowances. The goal is to minimize the employment gap between military separation and beginning their civilian career. In 2021, Governor DeSantis signed legislation to create the nation’s first statewide SkillBridge Initiative. Veterans FLorida is the principal organization to execute the initiative. Veterans Florida began assisting transitioning servicemembers with matching Florida opportunities. Veterans Florida works with employers to expand opportunities for training and internships throughout the state.

Population(s) Served

Veterans

Military personnel

Agriculture Program

For fiscal years 2020-23, Veterans Florida received a $745,245.00 prime award from the United States Department of Agriculture National Institute of Food and Agriculture FY20 Enhancing Agricultural Opportunities for Military Veterans Competitive Grants Program to expand the Veterans Florida Agriculture Program building on the success of the prior Pilot Program. The Veterans Florida Agriculture Program is a six-month training fellowship that provides veterans and servicemembers a comprehensive, hands-on experience and equips them with the knowledge, skills, and abilities to be competitive for leading careers in Florida's $149B agriculture industry. Our objective was to put ten veterans through the program with support from the University of Florida, Institute of Food and Agricultural Sciences. All of the veterans who participated in the Program may either be placed into agriculture related employment, start their own farms, or further their education in an agriculture related degree.

Population(s) Served

Veterans

Military personnel

Where we work

Affiliations & memberships

US Department of Labor Hire Vets Gold Award 2019

US Department of Labor Hire Vets Gold Award 2020

US Department of Labor Hire Vets Gold Award 2022

External reviews

Videos

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of participants engaged in programs

Totals By Year

Population(s) Served

Veterans

Related Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

Goals & Strategy

SOURCE: Self-reported by organization

Reports and documents

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Military veterans transition to civilian life and to promote Florida’s status as the nation’s most veteran-friendly state.

What are the organization's key strategies for making this happen?

Job placement and entrepreneurship training for veterans and spouses. Information on various resources available for veterans.

What are the organization's capabilities for doing this?

We partner with various Florida companies to assist in veteran employment placement and training. We offer entrepreneurship education and resources.

What have they accomplished so far and what's next?

Our nationwide, veteran-focused marketing campaign brought more than 93,000 unique and repeat visitors to our website and provided them with information on the benefits and opportunities available to veterans in and interested in Florida. This year's campaign saw continued growth in social media followers and email newsletter subscribers, as well as attracting over 2,600 veterans seeking career assistance and job placement.

The Veterans Florida Workforce Training Grant program has seen steady growth and to date we have contracted with over 90 total businesses that have hired/trained more than 1,300 veterans. These veterans collectively have earned over $55 million in salary that is going directly back into Florida's economy.

Since the inception of the Veterans Florida Entrepreneurship Program in early 2016, it has received 4,827 applications from veterans across the state, served 3,361 veterans and provided assistance to 504 veteran owned businesses.

In 2021, Governor DeSantis signed a new law to create the nation's first statewide SkillBridge initiate and designating Veterans Florida as the principal organization to execute the initiative. In fiscal year 2022, Veterans Florida continued to expand the program working with more than 100 employers. This past year 35 servicemembers completed SkillBridge training and 32 servicemembers are actively participating in a SkillBridge
opportunity.

Financials

Florida is for Veterans Inc

Fiscal year: Jul 01 - Jun 30

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

3.11

Average of 1.65 over 8 years

Months of cash in 2022

SOURCE: IRS Form 990

2.7

Average of 4.6 over 8 years

Fringe rate in 2022

SOURCE: IRS Form 990

7%

Average of 11% over 8 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

Source: IRS Form 990

Digitizing IRS form 990 data

Florida is for Veterans Inc

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

Fiscal year ending: Download Data

Revenue
Contributions	$0
Government Grants	$541,425
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$541,425

Expenses
Program Services	$470,601
Administration	$70,824
Fundraising	$0
Total Expenses	$541,425
Net Gain/Loss	$0

Functional expenses
Accounting Fees	$4,853
Advertising & Promotion	$0
Information Technology Expenses	$9,684
Insurance Expenses	$1,488
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$1,338
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$1,053,167
Program Services	$0
Investments	$622
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,053,789

Expenses
Program Services	$910,021
Administration	$154,563
Fundraising	$0
Total Expenses	$1,064,584
Net Gain/Loss	($10,795)

Functional expenses
Accounting Fees	$14,105
Advertising & Promotion	$0
Information Technology Expenses	$1,440
Insurance Expenses	$3,472
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$15,545
Pension Plan Contributions	$256
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,600
Government Grants	$1,681,131
Program Services	$0
Investments	$294
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,683,025

Expenses
Program Services	$1,522,090
Administration	$159,863
Fundraising	$0
Total Expenses	$1,681,953
Net Gain/Loss	$1,072

Functional expenses
Accounting Fees	$15,250
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$3,616
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$261
Pension Plan Contributions	$4,102
Professional Fundraising Expenses	$0

Revenue
Contributions	$29,225
Government Grants	$1,944,836
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,974,061

Expenses
Program Services	$1,737,027
Administration	$231,239
Fundraising	$0
Total Expenses	$1,968,266
Net Gain/Loss	$5,795

Functional expenses
Accounting Fees	$14,250
Advertising & Promotion	$0
Information Technology Expenses	$1,423
Insurance Expenses	$5,155
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$615
Pension Plan Contributions	$10,204
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$2,436,586
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,436,586

Expenses
Program Services	$1,984,015
Administration	$418,268
Fundraising	$0
Total Expenses	$2,402,283
Net Gain/Loss	$34,303

Functional expenses
Accounting Fees	$13,500
Advertising & Promotion	$0
Information Technology Expenses	$9,613
Insurance Expenses	$5,393
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$775
Pension Plan Contributions	$18,706
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$3,471,334
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$3,471,334

Expenses
Program Services	$2,305,900
Administration	$494,057
Fundraising	$0
Total Expenses	$2,799,957
Net Gain/Loss	$671,377

Functional expenses
Accounting Fees	$13,800
Advertising & Promotion	$74,434
Information Technology Expenses	$5,033
Insurance Expenses	$6,716
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$212
Pension Plan Contributions	$28,515
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$2,405,023
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,405,023

Expenses
Program Services	$2,147,784
Administration	$363,540
Fundraising	$0
Total Expenses	$2,511,324
Net Gain/Loss	($106,301)

Functional expenses
Accounting Fees	$22,500
Advertising & Promotion	$108,733
Information Technology Expenses	$63
Insurance Expenses	$7,036
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$131
Pension Plan Contributions	$27,454
Professional Fundraising Expenses	$0

Revenue
Contributions	$0
Government Grants	$2,131,929
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,131,929

Expenses
Program Services	$1,717,411
Administration	$414,003
Fundraising	$0
Total Expenses	$2,131,414
Net Gain/Loss	$515

Functional expenses
Accounting Fees	$32,195
Advertising & Promotion	$170,741
Information Technology Expenses	$0
Insurance Expenses	$7,692
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$526
Pension Plan Contributions	$26,753
Professional Fundraising Expenses	$0

Florida is for Veterans Inc

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Nov 11, 2014	Jun 30, 2015	Change
Contributions	$0
Cash & Equivalents	$0	$157,124	$157,124
Accounts Receivable	$0	$68,988	$68,988
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$4,398	$4,398
Total Assets	$0	$230,510	$230,510

Liabilities	Nov 11, 2014	Jun 30, 2015	Change
Accounts Payable	$0	$226,112	$226,112
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$4,398	$4,398
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$230,510	$230,510

Fund balance	Nov 11, 2014	Jun 30, 2015	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	$0	$0
Net Assets	$0	$0	$0

Assets	Jul 01, 2015	Jun 30, 2016	Change
Contributions	$0
Cash & Equivalents	$157,124	$1,207,703	$1,050,579
Accounts Receivable	$68,988	$0	($68,988)
Pledges & Grants Receivable	$0	$118,909	$118,909
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$1,799	$1,799
Other	$4,398	$109,954	$105,556
Total Assets	$230,510	$1,438,365	$1,207,855

Liabilities	Jul 01, 2015	Jun 30, 2016	Change
Accounts Payable	$226,112	$528,035	$301,923
Grants Payable	$0	$0	$0
Deferred Revenue	$4,398	$921,125	$916,727
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$230,510	$1,449,160	$1,218,650

Fund balance	Jul 01, 2015	Jun 30, 2016	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$0	($10,795)	($10,795)
Net Assets	$0	($10,795)	($10,795)

Assets	Jul 01, 2016	Jun 30, 2017	Change
Contributions	$1,600
Cash & Equivalents	$1,207,703	$756,507	($451,196)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$118,909	$0	($118,909)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,799	$2,868	$1,069
Other	$109,954	$4,547	($105,407)
Total Assets	$1,438,365	$763,922	($674,443)

Liabilities	Jul 01, 2016	Jun 30, 2017	Change
Accounts Payable	$528,035	$243,954	($284,081)
Grants Payable	$0	$0	$0
Deferred Revenue	$921,125	$529,691	($391,434)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$1,449,160	$773,645	($675,515)

Fund balance	Jul 01, 2016	Jun 30, 2017	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($10,795)	($9,723)	$1,072
Net Assets	($10,795)	($9,723)	$1,072

Assets	Jul 01, 2017	Jun 30, 2018	Change
Contributions	$29,225
Cash & Equivalents	$756,507	$609,267	($147,240)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$3,410	$3,410
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$2,868	$5,956	$3,088
Other	$4,547	$18,188	$13,641
Total Assets	$763,922	$636,821	($127,101)

Liabilities	Jul 01, 2017	Jun 30, 2018	Change
Accounts Payable	$243,954	$133,732	($110,222)
Grants Payable	$0	$0	$0
Deferred Revenue	$529,691	$507,017	($22,674)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$773,645	$640,749	($132,896)

Fund balance	Jul 01, 2017	Jun 30, 2018	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($9,723)	($3,928)	$5,795
Net Assets	($9,723)	($3,928)	$5,795

Assets	Jul 01, 2018	Jun 30, 2019	Change
Contributions	$0
Cash & Equivalents	$609,267	$509,518	($99,749)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$3,410	$218,735	$215,325
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$5,956	$11,417	$5,461
Other	$18,188	$16,935	($1,253)
Total Assets	$636,821	$756,605	$119,784

Liabilities	Jul 01, 2018	Jun 30, 2019	Change
Accounts Payable	$133,732	$189,701	$55,969
Grants Payable	$0	$0	$0
Deferred Revenue	$507,017	$536,529	$29,512
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$640,749	$726,230	$85,481

Fund balance	Jul 01, 2018	Jun 30, 2019	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	($3,928)	$30,375	$34,303
Net Assets	($3,928)	$30,375	$34,303

Assets	Jul 01, 2019	Jun 30, 2020	Change
Contributions	$0
Cash & Equivalents	$509,518	$442,440	($67,078)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$218,735	$389,679	$170,944
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$11,417	$11,419	$2
Other	$16,935	$20,762	$3,827
Total Assets	$756,605	$864,300	$107,695

Liabilities	Jul 01, 2019	Jun 30, 2020	Change
Accounts Payable	$189,701	$155,453	($34,248)
Grants Payable	$0	$0	$0
Deferred Revenue	$536,529	$7,095	($529,434)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$726,230	$162,548	($563,682)

Fund balance	Jul 01, 2019	Jun 30, 2020	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$0	$652,905	$652,905
Unrestricted Net Assets	$30,375	$48,847	$18,472
Net Assets	$30,375	$701,752	$671,377

Assets	Jul 01, 2020	Jun 30, 2021	Change
Contributions	$0
Cash & Equivalents	$442,440	$663,929	$221,489
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$389,679	$130,408	($259,271)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$11,419	$8,674	($2,745)
Other	$20,762	$22,395	$1,633
Total Assets	$864,300	$825,406	($38,894)

Liabilities	Jul 01, 2020	Jun 30, 2021	Change
Accounts Payable	$155,453	$105,639	($49,814)
Grants Payable	$0	$0	$0
Deferred Revenue	$7,095	$124,316	$117,221
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$162,548	$229,955	$67,407

Fund balance	Jul 01, 2020	Jun 30, 2021	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$652,905	$520,130	($132,775)
Unrestricted Net Assets	$48,847	$75,321	$26,474
Net Assets	$701,752	$595,451	($106,301)

Assets	Jul 01, 2021	Jun 30, 2022	Change
Contributions	$0
Cash & Equivalents	$663,929	$483,936	($179,993)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$130,408	$245,810	$115,402
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$8,674	$6,069	($2,605)
Other	$22,395	$15,544	($6,851)
Total Assets	$825,406	$751,359	($74,047)

Liabilities	Jul 01, 2021	Jun 30, 2022	Change
Accounts Payable	$105,639	$71,875	($33,764)
Grants Payable	$0	$0	$0
Deferred Revenue	$124,316	$83,518	($40,798)
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$229,955	$155,393	($74,562)

Fund balance	Jul 01, 2021	Jun 30, 2022	Change
Temporarily Restricted Net Assets	N/A	N/A	N/A
Permanently Restricted Net Assets	N/A	N/A	N/A
Total Restricted Net Assets	$520,130	$527,432	$7,302
Unrestricted Net Assets	$75,321	$68,534	($6,787)
Net Assets	$595,451	$595,966	$515

Florida is for Veterans Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990

This snapshot of Florida is for Veterans Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	$6,614	$36,013	$20,770	$29,219	-$4,182
As % of expenses	0.3%	1.5%	0.7%	1.2%	-0.2%
Unrestricted surplus (deficit) after depreciation	$5,795	$34,303	$18,472	$26,474	-$6,787
As % of expenses	0.3%	1.4%	0.7%	1.1%	-0.3%

Revenue composition
Total revenue (unrestricted & restricted)	$1,974,061	$2,436,586	$3,471,334	$2,405,023	$2,131,929
Total revenue, % change over prior year	17.3%	23.4%	42.5%	-30.7%	-11.4%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%	0.0%
Government grants	98.5%	100.0%	100.0%	100.0%	100.0%
All other grants and contributions	1.5%	0.0%	0.0%	0.0%	0.0%
Other revenue	0.0%	0.0%	0.0%	0.0%	0.0%

Expense composition
Total expenses before depreciation	$1,967,447	$2,400,573	$2,797,659	$2,508,579	$2,128,809
Total expenses, % change over prior year	17.0%	22.0%	16.5%	-10.3%	-15.1%
Personnel	24.3%	33.0%	34.2%	34.5%	40.1%
Professional fees	33.4%	25.8%	1.8%	1.4%	1.6%
Occupancy	1.7%	2.4%	2.1%	2.4%	2.8%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	31.0%	30.7%	52.8%	51.8%	34.5%
All other expenses	9.5%	8.1%	9.0%	9.9%	21.0%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$1,968,266	$2,402,283	$2,799,957	$2,511,324	$2,131,414
One month of savings	$163,954	$200,048	$233,138	$209,048	$177,401
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$3,907	$7,171	$2,300	$0	$0
Total full costs (estimated)	$2,136,127	$2,609,502	$3,035,395	$2,720,372	$2,308,815

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	3.7	2.5	1.9	3.2	2.7
Months of cash and investments	3.7	2.5	1.9	3.2	2.7
Months of estimated liquid unrestricted net assets	-0.1	0.1	0.2	0.3	0.4

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$609,267	$509,518	$442,440	$663,929	$483,936
Investments	$0	$0	$0	$0	$0
Receivables	$3,410	$218,735	$389,679	$130,408	$245,810
Gross land, buildings, equipment (LBE)	$7,457	$14,628	$16,928	$16,928	$16,928
Accumulated depreciation (as a % of LBE)	20.1%	22.0%	32.5%	48.8%	64.1%
Liabilities (as a % of assets)	100.6%	96.0%	18.8%	27.9%	20.7%
Unrestricted net assets	-$3,928	$30,375	$48,847	$75,321	$68,534
Temporarily restricted net assets	$0	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$0	$0	$652,905	$520,130	$527,432
Total net assets	-$3,928	$30,375	$701,752	$595,451	$595,966

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Executive Director

Mr Joe Marino

Joe has been active in Florida Legislative policy regarding military, Veteran and defense economic development issues since 2002. He founded a trade association in 2010 for Florida defense businesses working to improve their business climate in Florida and to connect defense businesses for opportunities all across the state. Joe is a West Point graduate and former US Army officer. During his time in the Army, he was a commissioned Air Defense Artillery Officer. Following his military service, Joe spent eight years working for the State of Florida in various capacities. From 2008 to 2010, he was the Governor’s Office liaison to the state’s military installations and communities. From 2006 to 2008, he was Deputy Legislative Affairs Director for the Florida Department of Veterans Affairs, advocating for Veterans issues and the departmental budget. From 2002 to 2006, he also worked as legislative analyst on the Florida House of Representative’s Military and Veterans Affairs Committee.

Number of employees

Source: IRS Form 990

Florida is for Veterans Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Florida is for Veterans Inc

Board of directors
as of 04/25/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board co-chair

Mr Warren "Rocky" McPherson

Board co-chair

Mr. Robert Kirila

Thomas Rice

Magnolia Grill

Mark Harden

Navy Marine Corps Relief Society

Jerry Neff

Jeff Cathey

Angela Drzewiecki

GrayRobinson

Lynda Weatherman

Economic Development Commission of Florida's Space Coast

Alan Suskey

Shumaker Advisors

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 4/25/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity

Male

Sexual orientation

Decline to state

Disability status

Decline to state

Race & ethnicity

No data

Gender identity

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending

There are no fundraisers recorded for this organization.

Florida is for Veterans Inc

Your Pursuit - Our Power

Mission

Is this your nonprofit?

Programs and results

Reports and documents

What we aim to solve

Our programs

Career Services Program

Entrepreneurship Program

SkillBridge Program

Agriculture Program

Where we work

Affiliations & memberships

Our results

Evaluation documents

Number of participants engaged in programs

Totals By Year

Population(s) Served

Related Program

Type of Metric

Direction of Success

Context Notes

Goals & Strategy

Reports and documents

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

3.11

Months of cash in 2022 info

2.7

Fringe rate in 2022 info

7%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Florida is for Veterans Inc

Florida is for Veterans Inc

Florida is for Veterans Inc

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Mr Joe Marino

Number of employees

Florida is for Veterans Inc

Compensation data

Florida is for Veterans Inc

Board of directors data

Mr Warren "Rocky" McPherson

Mr. Robert Kirila

Board leadership practices

Board orientation and education

CEO oversight

Ethics and transparency

Board composition

Board performance

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Contractors

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities