HOWARD T ODUM FLORIDA SPRINGS INSTITUTE

EIN: 461663401 501(c)(3) Environment

High Springs, FL

Total Revenue
$556,578
Total Expenses
$430,163
Total Assets
$545,484
Net Assets
$533,272
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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
FL
Principal Officer
Robert L Knight
Phone
3864549369
Tax Period
2024-01-01 to 2024-12-31

HOWARD T ODUM FLORIDA SPRINGS INSTITUTE, founded in 2013, is a small nonprofit in the Environment sector that reported $557K in total revenue in fiscal year 2024. The organization ran a surplus of $126K, a strong 23% operating margin.

Mission

Florida Springs Institute provides a focal point for improving the understanding of springs ecology and fosters development of science-based education and management actions needed to restore and protect springs throughout Florida.

Program Service Accomplishments

Program 1
Expenses: $228,639 Revenue: $43,510

SCIENTIFIC RESEARCH: FSI continues data collection and analysis on the lower and middle Suwannee River and Springs, the Ichetucknee River and Springs, Rainbow River and Springs, Silver Springs...

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SCIENTIFIC RESEARCH: FSI continues data collection and analysis on the lower and middle Suwannee River and Springs, the Ichetucknee River and Springs, Rainbow River and Springs, Silver Springs, Volusia Blue Spring, Lower Santa Fe River and Springs, and Homosassa Springs. Findings were distributed through the website. A restoration action plan and executive summary for the middle Suwannee River and Springs has been completed and published for distrubution to the public, local and state leaders, and key staff of the environmental agencies. A restoration action plan and executive summary for Volusia Blue Spring has been completed and published. Restoration action plans address the current health of the water bodies and provide recommendations moving forward to improve the health of the ecosystem.

Program 2
Expenses: $138,136

EDUCATION : FSI Conducts presentations to school children and adults on ecology, hydroecology, geology, springs problems and solutions, and state and federal water law. FSI also works with local...

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EDUCATION : FSI Conducts presentations to school children and adults on ecology, hydroecology, geology, springs problems and solutions, and state and federal water law. FSI also works with local organizations to educate local government and state leaders on issues affecting the springs so they may make informed decisions to protect the States water ressources. FSIs executive director publishes columns and op-eds in local newspapers on spring issues and conducts TV, radio, and newspaper interviews as one of the states leading experts on Springs and current trends in Springs health. FSI conducts short courses on Springs for environment professionals, students and the public. FSI published a childrens activity and coloring book entitled Aquatic Adventures: Florida Springs and Aquafer. Over 400 copies have been distributed.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $502,087
Program Service Revenue $43,510
Investment Income $2,683
Other Revenue $8,298
TOTAL REVENUE $556,578

Expense Breakdown

Grants Paid $0
Salaries & Benefits $282,723
Fundraising Expenses $22,649
Program Expenses $366,775
Other Expenses $147,440
TOTAL EXPENSES $430,163

Year-over-Year Comparison

2024 2023 Change
Revenue $556,578 $555,335 +0.0%
Expenses $430,163 $334,207 +0.3%
Net Income $126,415 $221,128 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
180

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
5
$59,465
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Haley Moody Director 40.00
Officer
$59,465 $0 $59,465
Jim Pruitt Board Member 0.50
Director
$0 $0 $0
Casey Fitzgerald Board Member 0.50
Director
$0 $0 $0
Mary Jane Angelo Board Member 1.00
Director
$0 $0 $0
Steve Walsh Board Member 0.50
Director
$0 $0 $0
Christine Denny Board Member 0.30
Director
$0 $0 $0
Karen Lanese Board Member 1.00
Director
$0 $0 $0
Robert L Knight President 30.00
Officer Director
$0 $0 $0
Tedd Greenwald Vice President 4.00
Officer Director
$0 $0 $0
Mary Odum Secretary 0.50
Officer Director
$0 $0 $0
Robert Palmer Treasurer 0.50
Officer Director
$0 $0 $0
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
2024 $556,578 $430,163 $545,484 $126,415
2023 $555,335 $334,207 $407,716 $221,128
2022 $274,082 $287,106 $186,507 $-13,024
2021 $269,091 $258,441 $207,053 $10,650
2020 $354,494 $347,421 $189,961 $7,073
2019 $475,720 $417,070 $184,252 $58,650
2018 $380,847 $500,714 $122,191 $-119,867
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