ST PETERSBURG COLLEGE FOUNDATION INC (EIN 591954362) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

JESSE TURTLE

Phone

7273413285

Tax Period

2023-04-01 to 2024-03-31

ST PETERSBURG COLLEGE FOUNDATION INC, founded in 1979, is a community nonprofit in the Education sector that reported $8.8M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

THE FOUNDATION PROMOTES THE PRACTICE OF PHILANTHROPY THROUGH PARTNERSHIPS WITH THE COMMUNITY FOR THE ADVOCACY OF HIGHER EDUCATION IN GENERAL AND SPECIFICALLY AT ST. PETERSBURG COLLEGE (SPC).

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,263,591

Program Service Revenue $701,468

Investment Income $1,799,875

Other Revenue $0

TOTAL REVENUE $8,764,934

Expense Breakdown

Grants Paid $5,480,828

Salaries & Benefits $0

Fundraising Expenses $495,806

Program Expenses $6,182,296

Other Expenses $1,905,510

TOTAL EXPENSES $7,386,338

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,764,934	$7,970,051	+0.1%
Expenses	$7,386,338	$6,109,549	+0.2%
Net Income	$1,378,596	$1,860,502	-0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$734,226

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA BOMSTEIN	CHAIRMAN	1.00	Director	$0	$0	$0
JOHNNY BOYKINS-ROTHEY	VICE CHAIR	1.00	Director	$0	$0	$0
MIKE MEIGS	TREASURER	1.00	Officer	$0	$26,505	$161,645
JESSE TURTLE	SECRETARY	40.00	Officer	$0	$34,584	$202,487
STEVEN SHEPARD	PAST CHAIR	1.00	Director	$0	$0	$0
NIKKI BARFIELD	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH BLANTON	DIRECTOR	1.00	Director	$0	$0	$0
BERTHA BURRUEZO	DIRECTOR	1.00	Director	$0	$0	$0
R MICHAEL CARROLL	DIRECTOR	1.00	Director	$0	$0	$0
TERESA HIBBARD	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS KIDWELL	DIRECTOR	1.00	Director	$0	$0	$0
KENNESHIA MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
MARCEL MASLOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE MUNRO	DIRECTOR	1.00	Director	$0	$0	$0
BEMETRA SIMMONS	DIRECTOR	1.00	Director	$0	$0	$0
ANN TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WARSHOF	DIRECTOR	1.00	Director	$0	$0	$0
DR TONJUA WILLIAMS	COLLEGE PRES	1.00	Officer	$0	$25,044	$370,094
RICHARD WINNING	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW WINKLER	DIRECTOR	1.00	Director	$0	$0	$0
THERESA MCFARLAND	ED ANNUAL GI	40.00	Highest	$0	$8,514	$120,304
DEBORAH SWINK	ED DEVELOPME	40.00	Highest	$0	$19,197	$122,449
NICOLE M STOTT	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$8,764,934	$7,386,338	$95,345,783	$1,378,596
2023	$7,970,051	$6,109,549	$77,743,250	$1,860,502
2022	$9,116,029	$20,897,513	$84,259,588	$-11,781,484
2021	$6,482,487	$5,929,622	$96,821,033	$552,865
2020	$4,722,116	$4,799,850	$69,002,218	$-77,734
2019	$6,128,267	$5,307,369	$76,035,631	$820,898

ST PETERSBURG COLLEGE FOUNDATION INC