GOLD2024

FLORIDA POOL & SPA ASSOCIATION INC Parent

Advancing Florida's Swimming Pool Industry.

aka Florida Swimming Pool Association   |   Sarasota, FL   |  www.fspa.com
GuideStar Charity Check

FLORIDA POOL & SPA ASSOCIATION INC

EIN: 59-1679812


Mission

Advancing Florida's swimming pool industry.

Ruling year info

1990

CEO

Elizabeth McMurray

Main address

2555 Porter Lake Drive Suite 106

Sarasota, FL 34240 USA

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Formerly known as

National Spa & Pool Institute - Florida

EIN

59-1679812

Subject area info

Business and industry

Job training

Job creation and workforce development

Continuing education

Vocational secondary education

Population served info

Work status and occupations

NTEE code info

Professional Societies, Associations (Y03)

IRS subsection

501(c)(6) Business Leagues, etc.

IRS filing requirement

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

Tax forms

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

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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?

Government Relations

Representing and advocating for our members' and the pool industry's interests with our local and state wide legislators and other governing bodies.

Population(s) Served

Providing continuing education to licensed pool and spa industry professionals as well as workforce development programs such as our state apprenticeship program, 60 Hour Course path to licensure, and more.

Population(s) Served

Where we work

Financials

FLORIDA POOL & SPA ASSOCIATION INC
Fiscal year: Jan 01 - Dec 31
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

1.35

Average of 1.75 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

5.1

Average of 8.4 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

18%

Average of 13% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

FLORIDA POOL & SPA ASSOCIATION INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

FLORIDA POOL & SPA ASSOCIATION INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

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: cloud_download Download Data

FLORIDA POOL & SPA ASSOCIATION INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of FLORIDA POOL & SPA ASSOCIATION 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.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $55,940 $23,067 $174,927 -$285,731 -$27,648
As % of expenses 3.9% 1.4% 11.1% -21.0% -1.6%
Unrestricted surplus (deficit) after depreciation $18,120 -$18,015 $105,301 -$333,714 -$77,490
As % of expenses 1.2% -1.1% 6.4% -23.7% -4.2%
Revenue composition info
Total revenue (unrestricted & restricted) $1,508,350 $1,548,906 $1,727,469 $1,386,047 $1,808,215
Total revenue, % change over prior year 7.9% 2.7% 11.5% -19.8% 30.5%
Program services revenue 55.0% 59.1% 52.4% 45.3% 58.3%
Membership dues 28.4% 26.9% 35.3% 40.4% 30.7%
Investment income 0.7% 0.7% 0.1% 0.8% 0.8%
Government grants 0.0% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 2.3% 0.1% 0.2% 0.0% 0.0%
Other revenue 13.6% 13.3% 12.1% 13.5% 10.2%
Expense composition info
Total expenses before depreciation $1,426,077 $1,595,850 $1,576,150 $1,359,316 $1,780,544
Total expenses, % change over prior year 4.2% 11.9% -1.2% -13.8% 31.0%
Personnel 32.3% 35.2% 37.4% 32.5% 36.1%
Professional fees 5.5% 8.6% 7.0% 2.4% 2.7%
Occupancy 0.7% 1.0% 0.7% 3.1% 2.3%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.6% 0.5% 2.6% 3.0% 2.8%
All other expenses 61.0% 54.7% 52.3% 58.9% 56.1%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $1,463,897 $1,636,932 $1,645,776 $1,407,299 $1,830,386
One month of savings $118,840 $132,988 $131,346 $113,276 $148,379
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $116,697 $0 $0 $0
Total full costs (estimated) $1,582,737 $1,886,617 $1,777,122 $1,520,575 $1,978,765

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 8.5 5.0 4.6 6.7 5.1
Months of cash and investments 11.7 8.2 8.1 11.0 8.0
Months of estimated liquid unrestricted net assets 7.3 5.8 6.7 4.9 3.4
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $1,007,013 $663,040 $603,642 $761,563 $757,736
Investments $389,079 $432,011 $456,620 $482,295 $434,547
Receivables $360 $49,153 $1,449 $6,735 $16,028
Gross land, buildings, equipment (LBE) $1,183,152 $1,280,339 $1,345,533 $1,353,529 $1,374,314
Accumulated depreciation (as a % of LBE) 30.6% 30.0% 33.6% 34.4% 37.4%
Liabilities (as a % of assets) 26.7% 23.5% 16.1% 37.7% 39.2%
Unrestricted net assets $1,689,032 $1,671,017 $1,776,318 $1,442,604 $1,365,114
Temporarily restricted net assets $37,748 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $37,748 $10,669 $11,669 $0 $0
Total net assets $1,726,780 $1,681,686 $1,787,987 $1,442,604 $1,365,114

Key data checks

Key data checks info 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 is not available for this organization
Form 1023/1024 is not available for this organization

CEO

Elizabeth McMurray

Number of employees

Source: IRS Form 990

FLORIDA POOL & SPA ASSOCIATION INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

FLORIDA POOL & SPA ASSOCIATION INC

Board of directors
as of 06/25/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Deidre Bedford

West Coast Pools

Term: 2024 - 2024

Organizational demographics

SOURCE: Self-reported; last updated 10/27/2021

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:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data