THE FLORIDA ENDOWMENT FOUNDATION FOR VOCATIONAL REHABILITATION INC

EIN: 593052307 501(c)(3) Philanthropy & Grantmaking

TALLAHASSEE, FL

Total Revenue
$5,907,795
Total Expenses
$5,112,446
Total Assets
$26,767,835
Net Assets
$25,286,759
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
FL
Principal Officer
ALLISON CHASE
Phone
8502244493
Tax Period
2024-07-01 to 2025-06-30

THE FLORIDA ENDOWMENT FOUNDATION FOR VOCATIONAL REHABILITATION INC, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.9M in total revenue in fiscal year 2024. Revenue surged 113% from the prior year, signaling strong growth momentum. Expenses of $5.1M left a modest 13% surplus.

Mission

TO BE A KEY LEADER IN PROVIDING FLORIDIANS WITH DISABILITIES OPPORTUNITIES FOR SUCCESSFUL EMPLOYMENT.

Program Service Accomplishments

Program 1
Expenses: $1,891,765 Revenue: $25,696

THE ORGANIZATION ASSISTS FLORIDIANS WITH DISABILITIES IN ACHIEVING EMPLOYMENT AND PROVIDES GRANTS TO SUPPORT VOCATIONAL REHABILITATION PROGRAMS AND SERVICES LEADING TO THE EMPLOYMENT OF FLORIDA...

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THE ORGANIZATION ASSISTS FLORIDIANS WITH DISABILITIES IN ACHIEVING EMPLOYMENT AND PROVIDES GRANTS TO SUPPORT VOCATIONAL REHABILITATION PROGRAMS AND SERVICES LEADING TO THE EMPLOYMENT OF FLORIDA CITIZENS WITH DISABILITIES. IT ALSO FUNDS YOUTH PROGRAMS AND RETREATS THAT ADDRESS COMMUNITY, ACADEMIC AND EMPLOYMENT LEADERSHIP.

Program 2
Expenses: $694 Revenue: $0

DISABILITY EMPLOYMENT AWARENESS MONTH (DEAM) IS COMMEMORATED EACH OCTOBER AND PAIRS STUDENTS WITH DISABILITIES WITH EMPLOYERS FOR A ONE-ON-ONE JOB SHADOWING EXPERIENCE. DEAM IS DESIGNED TO EXPOSE...

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DISABILITY EMPLOYMENT AWARENESS MONTH (DEAM) IS COMMEMORATED EACH OCTOBER AND PAIRS STUDENTS WITH DISABILITIES WITH EMPLOYERS FOR A ONE-ON-ONE JOB SHADOWING EXPERIENCE. DEAM IS DESIGNED TO EXPOSE YOUNG ADULTS TO A VARIETY OF CAREER OPTIONS AND PROVIDE THEM WITH A BETTER UNDERSTANDING OF THE WORKPLACE ENVIRONMENT. PARTICIPANTS ARE GIVEN A CHANCE TO LEARN ABOUT A TYPICAL WORK DAY AS WELL AS THE SKILLS AND EDUCATION NEEDED FOR THE SPECIFIC CAREER. EMPLOYERS BENEFIT FROM DEAM BY UNDERSTANDING WHAT PEOPLE WITH DISABILITIES HAVE TO OFFER TO THE WORKPLACE.

Program 3
Expenses: $2,357,608 Revenue: $1,018,000

THROUGH THE HIGH SCHOOL HIGH TECH PROGRAM, STUDENTS WITH ALL TYPES OF DISABILITES ARE ENCOURAGED TO SET THEIR SIGHTS ON POST-SECONDARY EDUCATION AND A CAREER IN FIELDS WHICH ARE IN-DEMAND IN THE...

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THROUGH THE HIGH SCHOOL HIGH TECH PROGRAM, STUDENTS WITH ALL TYPES OF DISABILITES ARE ENCOURAGED TO SET THEIR SIGHTS ON POST-SECONDARY EDUCATION AND A CAREER IN FIELDS WHICH ARE IN-DEMAND IN THE STATE OF FLORIDA. MORE THAN 1,250 STUDENTS PARTICIPATE IN HIGH SCHOOL HIGH TECH EACH YEAR, WHERE THEY HAVE AN OPPORTUNITY TO TOUR COLLEGE CAMPUSES AND INDUSTRY OPERATIONS, AND MEET WITH FLORIDA BUSINESS LEADERS. THEY ARE OFFERED CAREER EXPERIENCES THROUGH JOB SHADOWING, INTERNSHIPS, AND VOLUNTEER POSITIONS DURING THEIR INVOLVEMENT IN THE PROGRAM.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,581,406
Program Service Revenue $1,018,000
Investment Income $1,232,519
Other Revenue $75,870
TOTAL REVENUE $5,907,795

Expense Breakdown

Grants Paid $1,938,537
Salaries & Benefits $1,032,115
Fundraising Expenses $0
Program Expenses $4,250,067
Other Expenses $2,141,794
TOTAL EXPENSES $5,112,446

Year-over-Year Comparison

2024 2023 Change
Revenue $5,907,795 $2,767,392 +1.1%
Expenses $5,112,446 $3,381,289 +0.5%
Net Income $795,349 $-613,897 -2.3%
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
9
Independent Members
9
Employees
8
Volunteers
N/A

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
$186,491
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BYERS SECRETARY 1.00
Officer Director
$0 $0 $0
LAURIE SALLARULO CHAIR 1.00
Officer Director
$0 $0 $0
MAVARA AGRAWAL VICE-CHAIR 1.00
Officer Director
$0 $0 $0
DOUG HILLIARD TREASURER 1.00
Officer Director
$0 $0 $0
LORI FAHEY DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE WESTERMAN DIRECTOR 1.00
Director
$0 $0 $0
TODD JENNINGS DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS DOYLE DIRECTOR 1.00
Director
$0 $0 $0
KELLY ROGERS DIRECTOR 0.00
Director
$0 $0 $0
ALLISON CHASE PRESIDENT & CEO 50.00
Officer
$166,404 $20,087 $186,491
JOSEPH D'SOUZA VP-EXTERNAL ENGAGEMENT 40.00
Highest
$128,105 $13,945 $142,050
DONNA WRIGHT VP-DEVELOPMENT & MARKETING 40.00
Highest
$126,158 $15,071 $141,229
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 $5,907,795 $5,112,446 $26,767,835 $795,349
2024 No data No data No data No data
2023 $1,841,977 $2,929,189 $23,738,731 $-1,087,212
2022 $2,610,649 $2,808,838 $23,761,376 $-198,189
2021 $2,621,580 $2,653,958 $28,817,434 $-32,378
2020 $6,730,979 $3,299,541 $25,045,138 $3,431,438
2019 $2,469,130 $6,338,394 $23,010,675 $-3,869,264
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