FLORIDA VETERANS FOUNDATION INC

EIN: 262748811 501(c)(3) Public & Societal Benefit

TALLAHASSEE, FL

Total Revenue
$1,675,627
Total Expenses
$675,926
Total Assets
$2,215,822
Net Assets
$2,149,274
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
RAYMOND MILLER
Phone
8504884181
Tax Period
2024-07-01 to 2025-06-30

FLORIDA VETERANS FOUNDATION INC, founded in 2008, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $1000K, a strong 60% operating margin.

Mission

TO SERVE, SUPPORT, AND ADVOCATE FOR FLORIDA VETERANS TO IMPROVE THEIR QUALITY OF LIFE. THE FLORIDA VETERANS FOUNDATION SERVES AS THE STATEWIDE LEAD ORGANIZATION FOR FLORIDA VETERANS AND THEIR FAMILIES BY PROVIDING DIRECT SERVICES AND PARTNERING WITH STATE AND LOCAL GOVERNMENTS, VETERAN SERVICE ORGANIZATIONS, AND EDUCATIONAL INSTITUTIONS TO IMPROVE THEIR PHYSICAL, FINANCIAL, MENTAL, EMOTIONAL, AND SOCIAL WELL-BEING. THE FOUNDATION ALSO SUPPORTS THE FLORIDA DEPARTMENT OF VETERANS AFFAIRS' MISSION OF ADVOCACY; AND, ADVOCATES FOR FLORIDA VETERANS THROUGH LOCAL AND STATEWIDE OUTREACH TO EDUCATE THE PUBLIC AND GOVERNMENTAL ENTITIES, INCREASING AWARENESS ON VETERAN-RELATED ISSUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,661,901
Program Service Revenue $0
Investment Income $13,726
Other Revenue $0
TOTAL REVENUE $1,675,627

Expense Breakdown

Grants Paid $292,312
Salaries & Benefits $86,500
Fundraising Expenses $0
Program Expenses $559,630
Other Expenses $297,114
TOTAL EXPENSES $675,926

Year-over-Year Comparison

2024 2023 Change
Revenue $1,675,627 $1,555,083 +0.1%
Expenses $675,926 $1,076,067 -0.4%
Net Income $999,701 $479,016 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$85,500
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DON LANMAN VICE CHAIRMAN 4.00
Officer Director
$0 $0 $0
ADAM HOOKER TREASURER 2.00
Officer Director
$0 $0 $0
BEATRICE LOVE-MOORE DIRECTOR 2.00
Director
$0 $0 $0
DR PIA WOODLEY CHAIR 6.00
Officer Director
$0 $0 $0
JOAN COLOSIMO DIRECTOR 2.00
Director
$0 $0 $0
ANGEL FIGUEROA DIRECTOR 2.00
Director
$0 $0 $0
BRUCE THOMPSON DIRECTOR 2.00
Director
$0 $0 $0
DR DAMON FRIEDMAN DIRECTOR 2.00
Director
$0 $0 $0
ROBERT DOYLE DIRECTOR 2.00
Director
$0 $0 $0
RAYMOND MILLER COO 40.00
Officer
$85,500 $0 $85,500
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,675,627 $675,926 $2,215,822 $999,701
2024 $1,555,083 $1,076,067 $1,147,557 $479,016
2023 $1,084,326 $671,406 $669,107 $412,920
2022 $656,227 $551,653 $226,993 $104,574
2021 $252,210 $246,695 $121,409 $5,515
2020 $241,022 $315,825 $115,979 $-74,803
2019 $746,874 $579,157 $196,964 $167,717
2018 $224,249 $557,614 $25,787 $-333,365
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