FLORIDA POOL & SPA ASSOCIATION INC Parent

Advancing Florida's Swimming Pool Industry.

aka Florida Swimming Pool Association | Sarasota, FL | www.floridapoolpro.com

GuideStar Charity Check

FLORIDA POOL & SPA ASSOCIATION INC

EIN: 59-1679812

Not included in the latest Pub 78
as of September 2023

View summary

Charity Check report

Mission

Advancing Florida's swimming pool industry.

Ruling year info

1990

Executive Director

Elizabeth McMurray

Main address

2555 Porter Lake Drive Suite 106

Sarasota, FL 34240 USA

Show more contact info

Formerly known as

National Spa & Pool Institute - Florida

EIN

59-1679812

Subject area info

Vocational secondary education

Continuing education

Job training

Job creation and workforce development

Business and industry

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

Show Forms 990

Communication

Affiliations

See related organizations info

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

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.

Education & Workforce Development

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.

Where we work

External reviews

Financials

FLORIDA POOL & SPA ASSOCIATION INC

Fiscal year: Jan 01 - Dec 31

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 2021

SOURCE: IRS Form 990

1.42

Average of 1.83 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

6.7

Average of 9.3 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

17%

Average of 13% over 10 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 POOL & SPA ASSOCIATION INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$388,958
Government Grants	$0
Program Services	$1,009,164
Investments	$42,714
Special Events	$0
Sales	$0
Other	$145,479
Total Revenue	$1,586,315

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,587,696
Net Gain/Loss	($1,381)

Functional expenses
Accounting Fees	$11,221
Advertising & Promotion	$650
Information Technology Expenses	$0
Insurance Expenses	$9,979
Interest Expenses	$31,626
Investment Management Fees	$0
Legal Fees	$8,191
Pension Plan Contributions	$1,081
Professional Fundraising Expenses	$0

Revenue
Contributions	$315,676
Government Grants	$0
Program Services	$799,444
Investments	$27,703
Special Events	$0
Sales	$0
Other	$134,456
Total Revenue	$1,277,279

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,255,469
Net Gain/Loss	$21,810

Functional expenses
Accounting Fees	$4,203
Advertising & Promotion	$74,994
Information Technology Expenses	$0
Insurance Expenses	$16,848
Interest Expenses	$25,884
Investment Management Fees	$0
Legal Fees	$2,105
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$328,743
Government Grants	$0
Program Services	$742,547
Investments	$21,973
Special Events	$0
Sales	$0
Other	$96,092
Total Revenue	$1,189,355

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,152,744
Net Gain/Loss	$36,611

Functional expenses
Accounting Fees	$4,016
Advertising & Promotion	$142,458
Information Technology Expenses	$7,252
Insurance Expenses	$14,241
Interest Expenses	$27,555
Investment Management Fees	$0
Legal Fees	$2,470
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$312,205
Government Grants	$0
Program Services	$796,865
Investments	$24,576
Special Events	$0
Sales	$0
Other	$62,709
Total Revenue	$1,196,355

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,157,467
Net Gain/Loss	$38,888

Functional expenses
Accounting Fees	$10,892
Advertising & Promotion	$148,324
Information Technology Expenses	$8,371
Insurance Expenses	$13,865
Interest Expenses	$21,171
Investment Management Fees	$0
Legal Fees	$18,802
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$328,278
Government Grants	$0
Program Services	$871,023
Investments	$140,354
Special Events	$0
Sales	$0
Other	$76,683
Total Revenue	$1,416,338

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,131,498
Net Gain/Loss	$284,840

Functional expenses
Accounting Fees	$2,736
Advertising & Promotion	$131,749
Information Technology Expenses	$7,296
Insurance Expenses	$12,422
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$3,818
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$347,875
Government Grants	$0
Program Services	$846,928
Investments	($13,662)
Special Events	$0
Sales	$0
Other	$104,312
Total Revenue	$1,285,453

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,167,419
Net Gain/Loss	$118,034

Functional expenses
Accounting Fees	$2,309
Advertising & Promotion	$145,619
Information Technology Expenses	$10,165
Insurance Expenses	$13,641
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$2,869
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$353,325
Government Grants	$0
Program Services	$899,479
Investments	$17,928
Special Events	$0
Sales	$0
Other	$124,257
Total Revenue	$1,394,989

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,257,229
Net Gain/Loss	$137,760

Functional expenses
Accounting Fees	$2,360
Advertising & Promotion	$151,141
Information Technology Expenses	$25,119
Insurance Expenses	$11,003
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$2,548
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$372,717
Government Grants	$0
Program Services	$658,707
Investments	($3,013)
Special Events	$0
Sales	$0
Other	$109,825
Total Revenue	$1,138,236

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,215,492
Net Gain/Loss	($77,256)

Functional expenses
Accounting Fees	$2,555
Advertising & Promotion	$130,074
Information Technology Expenses	$6,228
Insurance Expenses	$14,376
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$388,622
Government Grants	$0
Program Services	$854,461
Investments	$24,761
Special Events	$0
Sales	$0
Other	$113,419
Total Revenue	$1,381,263

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,444,027
Net Gain/Loss	($62,764)

Functional expenses
Accounting Fees	$2,543
Advertising & Promotion	$117,982
Information Technology Expenses	$13,235
Insurance Expenses	$16,189
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$2,331
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$407,779
Government Grants	$0
Program Services	$837,489
Investments	$32,292
Special Events	$0
Sales	$0
Other	$119,820
Total Revenue	$1,397,380

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,407,624
Net Gain/Loss	($10,244)

Functional expenses
Accounting Fees	$3,320
Advertising & Promotion	$130,826
Information Technology Expenses	$11,752
Insurance Expenses	$16,253
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$6,044
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$463,352
Government Grants	$0
Program Services	$829,229
Investments	$23,982
Special Events	$0
Sales	$0
Other	$191,787
Total Revenue	$1,508,350

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,463,897
Net Gain/Loss	$44,453

Functional expenses
Accounting Fees	$3,606
Advertising & Promotion	$136,440
Information Technology Expenses	$15,382
Insurance Expenses	$15,056
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$25,548
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$417,477
Government Grants	$0
Program Services	$915,852
Investments	$12,927
Special Events	$0
Sales	$0
Other	$202,650
Total Revenue	$1,548,906

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,636,932
Net Gain/Loss	($88,026)

Functional expenses
Accounting Fees	$11,000
Advertising & Promotion	$126,049
Information Technology Expenses	$19,294
Insurance Expenses	$17,167
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$31,761
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$613,048
Government Grants	$0
Program Services	$904,801
Investments	$1,563
Special Events	$0
Sales	$0
Other	$208,057
Total Revenue	$1,727,469

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,645,776
Net Gain/Loss	$81,693

Functional expenses
Accounting Fees	$3,500
Advertising & Promotion	$116,869
Information Technology Expenses	$8,057
Insurance Expenses	$17,819
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$24,087
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$560,586
Government Grants	$0
Program Services	$627,943
Investments	$11,531
Special Events	$0
Sales	$0
Other	$185,987
Total Revenue	$1,386,047

Expenses
Program Services	$0
Administration	$0
Fundraising	$0
Total Expenses	$1,407,299
Net Gain/Loss	($21,252)

Functional expenses
Accounting Fees	$3,500
Advertising & Promotion	$53,885
Information Technology Expenses	$8,790
Insurance Expenses	$9,728
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$7,606
Pension Plan Contributions	$7,265
Professional Fundraising Expenses	$0

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: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$388,958
Cash & Equivalents	$1,227,170	$1,066,925	($160,245)
Accounts Receivable	$32,722	$37,722	$5,000
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)	$919,880	$878,188	($41,692)
Other	$121,068	$135,781	$14,713
Total Assets	$2,300,840	$2,118,616	($182,224)

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$4,717	$6,763	$2,046
Grants Payable	$0	$0	$0
Deferred Revenue	$601,685	$430,345	($171,340)
Loans and Notes	$414,160	$403,423	($10,737)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$29,591	$27,814	($1,777)
Total Liabilities	$1,050,153	$868,345	($181,808)

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$44,248	$40,461	-$3,787
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$44,248	$40,461	($3,787)
Unrestricted Net Assets	$1,206,439	$1,209,810	$3,371
Net Assets	$1,250,687	$1,250,271	($416)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$315,676
Cash & Equivalents	$1,066,925	$1,044,623	($22,302)
Accounts Receivable	$37,722	$2,095	($35,627)
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)	$878,188	$840,604	($37,584)
Other	$135,781	$132,543	($3,238)
Total Assets	$2,118,616	$2,019,865	($98,751)

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$6,763	$70	($6,693)
Grants Payable	$0	$0	$0
Deferred Revenue	$430,345	$358,319	($72,026)
Loans and Notes	$403,423	$392,768	($10,655)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$27,814	$39,130	$11,316
Total Liabilities	$868,345	$790,287	($78,058)

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$40,461	$17,578	-$22,883
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$40,461	$17,578	($22,883)
Unrestricted Net Assets	$1,209,810	$1,212,000	$2,190
Net Assets	$1,250,271	$1,229,578	($20,693)

Assets	Jan 01, 2010	Dec 31, 2010	Change
Contributions	$328,743
Cash & Equivalents	$1,010,499	$1,074,222	$63,723
Accounts Receivable	$2,095	$885	($1,210)
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$34,124	$102,133	$68,009
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$840,604	$810,297	($30,307)
Other	$132,543	$114,915	($17,628)
Total Assets	$2,019,865	$2,102,452	$82,587

Liabilities	Jan 01, 2010	Dec 31, 2010	Change
Accounts Payable	$70	$150	$80
Grants Payable	$0	$0	$0
Deferred Revenue	$358,319	$413,929	$55,610
Loans and Notes	$392,768	$380,462	($12,306)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$39,130	$41,722	$2,592
Total Liabilities	$790,287	$836,263	$45,976

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.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$28,692	$55,940	$23,067	$174,927	-$285,731
As % of expenses	2.1%	3.9%	1.4%	11.1%	-21.0%
Unrestricted surplus (deficit) after depreciation	-$10,241	$18,120	-$18,015	$105,301	-$333,714
As % of expenses	-0.7%	1.2%	-1.1%	6.4%	-23.7%

Revenue composition
Total revenue (unrestricted & restricted)	$1,397,380	$1,508,350	$1,548,906	$1,727,469	$1,386,047
Total revenue, % change over prior year	1.2%	7.9%	2.7%	11.5%	-19.8%
Program services revenue	59.9%	55.0%	59.1%	52.4%	45.3%
Membership dues	29.2%	28.4%	26.9%	35.3%	40.4%
Investment income	2.0%	0.7%	0.7%	0.1%	0.8%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	0.0%	2.3%	0.1%	0.2%	0.0%
Other revenue	8.9%	13.6%	13.3%	12.1%	13.5%

Expense composition
Total expenses before depreciation	$1,368,691	$1,426,077	$1,595,850	$1,576,150	$1,359,316
Total expenses, % change over prior year	-2.3%	4.2%	11.9%	-1.2%	-13.8%
Personnel	33.4%	32.3%	35.2%	37.4%	32.5%
Professional fees	2.5%	5.5%	8.6%	7.0%	2.4%
Occupancy	0.6%	0.7%	1.0%	0.7%	3.1%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	0.6%	0.6%	0.5%	2.6%	3.0%
All other expenses	62.9%	61.0%	54.7%	52.3%	58.9%

Full cost components (estimated)	2017	2018	2019	2020	2021
Total expenses (after depreciation)	$1,407,624	$1,463,897	$1,636,932	$1,645,776	$1,407,299
One month of savings	$114,058	$118,840	$132,988	$131,346	$113,276
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$270,652	$0	$116,697	$0	$0
Total full costs (estimated)	$1,792,334	$1,582,737	$1,886,617	$1,777,122	$1,520,575

Capital structure indicators

Liquidity	2017	2018	2019	2020	2021
Months of cash	7.8	8.5	5.0	4.6	6.7
Months of cash and investments	11.3	11.7	8.2	8.1	11.0
Months of estimated liquid unrestricted net assets	7.1	7.3	5.8	6.7	4.9

Balance sheet composition	2017	2018	2019	2020	2021
Cash	$885,700	$1,007,013	$663,040	$603,642	$761,563
Investments	$398,602	$389,079	$432,011	$456,620	$482,295
Receivables	$0	$360	$49,153	$1,449	$6,735
Gross land, buildings, equipment (LBE)	$1,188,133	$1,183,152	$1,280,339	$1,345,533	$1,353,529
Accumulated depreciation (as a % of LBE)	28.0%	30.6%	30.0%	33.6%	34.4%
Liabilities (as a % of assets)	26.6%	26.7%	23.5%	16.1%	37.7%
Unrestricted net assets	$1,670,912	$1,689,032	$1,671,017	$1,776,318	$1,442,604
Temporarily restricted net assets	$12,513	$37,748	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$12,513	$37,748	$10,669	$11,669	$0
Total net assets	$1,683,425	$1,726,780	$1,681,686	$1,787,987	$1,442,604

Key data checks

Key data checks	2017	2018	2019	2020	2021
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

Executive Director

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

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 POOL & SPA ASSOCIATION INC

Board of directors
as of 08/28/2023

SOURCE: Self-reported by organization

Board of directors data

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

Board chair

Maurice Bushroe

Blue Ribbon Pools

Term: 2020 - 2021

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? No
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? No
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? No
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 10/27/2021

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:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender (cisgender)

Sexual orientation

Decline to state

Disability status

Decline to state

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

Related organizations & associated domestic grants

Show data for fiscal year

FLORIDA POOL & SPA ASSOCIATION INC Parent

Advancing Florida's Swimming Pool Industry.

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Government Relations

Education & Workforce Development

Where we work

Financials

Revenue vs. expenses: breakdown

Liquidity in 2021 info

1.42

Months of cash in 2021 info

6.7

Fringe rate in 2021 info

17%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

FLORIDA POOL & SPA ASSOCIATION INC

FLORIDA POOL & SPA ASSOCIATION INC

FLORIDA POOL & SPA ASSOCIATION INC

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Director

Elizabeth McMurray

Number of employees

FLORIDA POOL & SPA ASSOCIATION INC

Compensation data

FLORIDA POOL & SPA ASSOCIATION INC

Board of directors data

Maurice Bushroe

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

Related organizations & associated domestic grants

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities