JACKSONVILLE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)STEP UP FOR STUDENTS - FLORIDA INC, founded in 2000, is a major nonprofit in the Education sector that reported $904.6M in total revenue in fiscal year 2023. Expenses of $1.2B exceeded revenue, resulting in a 37% operating deficit.
STEP UP FOR STUDENTS EMPOWERS FAMILIES TO PURSUE AND ENGAGE IN THE MOST APPROPRIATE LEARNING OPTIONS FOR THEIR CHILDREN, WITH AN EMPHASIS ON FAMILIES WHO LACK THE INFORMATION AND FINANCIAL RESOURCES TO ACCESS THESE OPTIONS. BY PURSUING THIS MISSION, WE HELP PUBLIC EDUCATION FULFILL THE PROMISE OF EQUAL OPPORTUNITY.
FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM: IN THE 2023-24 SCHOOL YEAR, 132,180 STUDENTS ATTENDED 2,090 PRIVATE SCHOOLS ON A STEP UP FOR STUDENTS' TAX CREDIT SCHOLARSHIP. THE K-12 SCHOLARSHIP PROGRAM WAS...
FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM: IN THE 2023-24 SCHOOL YEAR, 132,180 STUDENTS ATTENDED 2,090 PRIVATE SCHOOLS ON A STEP UP FOR STUDENTS' TAX CREDIT SCHOLARSHIP. THE K-12 SCHOLARSHIP PROGRAM WAS CREATED IN 2001 TO HELP ALLEVIATE THE ENORMOUS EDUCATIONAL CHALLENGES FACED BY CHILDREN WHO LIVE IN POVERTY, AND IT IS NOW THE LARGEST SUCH SCHOLARSHIP IN THE NATION. IN 2023, THE FLORIDA STATE LEGISLATURE OPENED THE SCHOLARSHIP TO ALL ELIGIBLE RESIDENTS OF FLORIDA. QUALIFIED STUDENTS COULD RECEIVE A MAXIMUM SCHOLARSHIP OF $11,223 DEPENDING ON GRADE LEVEL AND COUNTY RESIDENCE, FOR PRIVATE SCHOOL TUITION AND FEES OR A MAXIMUM OF $2,232 IN TRANSPORTATION COSTS TO ATTEND AN OUT-OF-DISTRICT PUBLIC SCHOOL. FLORIDA TAX CREDIT PERSONAL EDUCATION PROGRAM (FTC PEP): K-12 FLORIDA STUDENTS WHO ARE NOT ENROLLED IN PUBLIC SCHOOL OR A HOME EDUCATION PROGRAM CAN QUALIFY FOR A PERSONALIZED EDUCATION PROGRAM THROUGH THE FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM. THE PROGRAM ALLOWS STUDENTS TO RECEIVE A MAXIMUM SCHOLARSHIP OF $11,223, REGARDLESS OF HOUSEHOLD INCOME, TO RECEIVE PARENT-DIRECTED EDUCATION. THE FUNDS ARE PLACED INTO AN EDUCATION SAVINGS ACCOUNT (ESA) AND CAN BE USED TO PAY FOR INSTRUCTIONAL MATERIALS/CURRICULUM, CONTRACTED SERVICES PROVIDED BY A PUBLIC SCHOOL (INCLUDING CLASSES), TUITION FOR AN ELIGIBLE HOME EDUCATION INSTRUCTION PROGRAM, FEES FOR STANDARDIZED TESTING, PRIVATE TUTORING, POST-SECONDARY EDUCATION AND DIGITAL MATERIALS EXCLUSIVE OF DIGITAL DEVICES.
THE FAMILY EMPOWERMENT SCHOLARSHIP PROGRAM WAS ESTABLISHED IN 2019 TO PROVIDE CHILDREN AND FAMILIES IN THE STATE OF FLORIDA WHICH HAVE LIMITED RESOURCES WITH EDUCATIONAL OPTIONS TO ACHIEVE SUCCESS IN...
THE FAMILY EMPOWERMENT SCHOLARSHIP PROGRAM WAS ESTABLISHED IN 2019 TO PROVIDE CHILDREN AND FAMILIES IN THE STATE OF FLORIDA WHICH HAVE LIMITED RESOURCES WITH EDUCATIONAL OPTIONS TO ACHIEVE SUCCESS IN THEIR EDUCATION. THE FAMILY EMPOWERMENT SCHOLARSHIP WAS EXPANDED INTO TWO BRANCHES: FAMILY EMPOWERMENT SCHOLARSHIP FOR EDUCATIONAL OPTIONS AND FOR STUDENTS WITH UNIQUE ABILITIES (FORMERLY KNOWN AS GARDINER SCHOLARSHIP). FAMILY EMPOWERMENT SCHOLARSHIP EDUCATIONAL OPTIONS: THIS SCHOLARSHIP IS INTENDED TO HELP REDUCE THE WAIT LIST FOR THE TAX CREDIT SCHOLARSHIP PROGRAM AND SIMILARILY SERVES STUDENTS FROM LOW-INCOME AND WORKING-CLASS HOUSEHOLDS. STEP UP FOR STUDENTS-FLORIDA, AS AN APPROVED SFO, ADMINISTERED THIS SCHOLARSHIP AND SERVED 145,155 K-12 STUDENTS FOR THE 2023-2024 SCHOOL YEAR. IN 2023, THE FLORIDA STATE LEGISLATURE OPENED THE SCHOLARSHIP TO ALL ELIGIBLE RESIDENTS OF FLORIDA. QUALIFIED STUDENTS COULD RECEIVE UP TO A MAXIMUM SCHOLARSHIP OF $11,223 DEPENDING ON GRADE LEVEL AND COUNTY RESIDENCE, FOR PRIVATE SCHOOL TUITION AND FEES OR UP TO $2,232 IN TRANSPORTATION COSTS TO ATTEND AN OUT-OF-DISTRICT PUBLIC SCHOOL.FAMILY EMPOWERMENT SCHOLARSHIP FOR STUDENTS WITH UNIQUE ABILITIES (FORMALLY KNOWN AS GARDINER SCHOLARSHIP): IN THE 2023-24 SCHOOL YEAR, STEP UP FOR STUDENTS-FLORIDA ADMINISTERED THIS SCHOLARSHIP PROGRAM FOR STUDENTS WITH UNIQUE ABILITIES WITH SPECIFIC DIABILITIES THAT INCLUDE: AUTISM, CEREBRAL PALSY, DOWN SYNDROME, SPINA BIFIDA, INTELLECTUAL DISABILITY, WILLIAMS SYNDROME, AND MORE. THROUGH THIS SCHOLARSHIP PROGRAM, 96,678 ELIGIBLE STUDENTS RECEIVED A SCHOLARSHIP FOR THE 2023-24 SCHOOL YEAR AT AN AVERAGE OF $9,990 EACH. THE PROGRAM EMPOWERS FAMILIES TO CHOOSE THE EDUCATIONAL SERVICES THAT BEST MEET THE NEEDS OF THEIR STUDENT, AND THE MONEY CAN BE SPENT FOR SCHOOLS, THERAPISTS, SPECIALISTS, CURRICULUM, TECHNOLOGY EVEN A COLLEGE SAVINGS ACCOUNT.
HOPE SCHOLARSHIP PROGRAM: STEP UP FOR STUDENTS-FLORIDA ADMINISTERS THE HOPE SCHOLARSHIP, WHICH WAS CREATED IN 2018 TO PROVIDE THE OPTION OF PRIVATE SCHOOL SCHOLARSHIPS TO STUDENTS IN PUBLIC SCHOOLS...
HOPE SCHOLARSHIP PROGRAM: STEP UP FOR STUDENTS-FLORIDA ADMINISTERS THE HOPE SCHOLARSHIP, WHICH WAS CREATED IN 2018 TO PROVIDE THE OPTION OF PRIVATE SCHOOL SCHOLARSHIPS TO STUDENTS IN PUBLIC SCHOOLS WHO HAVE EXPERIENCED ACTS OF BULLYING AND INTIMIDATION. THE SCHOLARSHIPS ARE FINANCED BY CONTRIBUTIONS FROM AUTOMOBILE BUYERS, WHO ARE ALLOWED UNDER THE LAW TO REDIRECT UP TO $105 OF THEIR STATE TAXES ON EACH PURCHASE. THOSE CONTRIBUTIONS ARE USED TO PROVIDE TUITION SCHOLARSHIPS TO PARTICIPATING PRIVATE SCHOOLS. QUALIFIED STUDENTS COULD RECEIVE A MAXIMUM SCHOLARSHIP OF $11,223 DEPENDING ON GRADE LEVEL AND COUNTY RESIDENCE, FOR PRIVATE SCHOOL TUITION AND FEES OR A MAXIMUM OF $2,232 IN TRANSPORTATION COSTS TO ATTEND AN OUT-OF-DISTRICT PUBLIC SCHOOL. THE SCHOLARSHIP BEGAN IN 2018 AND SERVED 893 STUDENTS DURING THE 2023-24 SCHOOL YEAR. UP TO 95% OF UNUSED FUNDS IN THE HOPE SCHOLARSHIP PROGRAM CAN BE USED TO FUND SCHOLARSHIPS TO STUDENTS ON THE FLORIDA TAX CREDIT SCHOLARSHIP PROGRAM IN THE NEXT STATE OF FLORIDA FISCAL YEAR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $904,611,188 | $913,033,619 | 0.0% |
| Expenses | $1,241,338,513 | $755,297,200 | +0.6% |
| Net Income | $-336,727,325 | $157,736,419 | -3.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN F KIRTLEY | BOARD CHAIR | 36.00 |
Director
|
$0 | $0 | $0 |
| ALFRED AL LAWSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RICHARD OUTRAM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CURTIS STOKES | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TERRY JOVE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN LEGG | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DENISHA MERRIWEATHER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LINH LAM | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BARON CONCORS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KAREN HOBBS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DOUG TUTHILL | PRESIDENT | 36.00 |
Officer
|
$312,563 | $40,244 | $387,537 |
| JOE PFOUNTZ | TREASURER & CFO | 36.00 |
Officer
|
$237,608 | $39,456 | $303,464 |
| LESLEY SEARCY | SECRETARY & CGO | 36.00 |
Officer
|
$241,973 | $13,211 | $282,070 |
| SHAFAYET IMAM | CIO, SUFS (THRU 05/24) | 36.00 |
Officer
|
$233,821 | $46,525 | $306,326 |
| JILL LAROSE | CHIEF CULTURE OFFICER | 36.00 |
Officer
|
$193,861 | $20,645 | $236,046 |
| ALEXANDER J MANGAN | CHIEF PRODUCT OFFICER | 36.00 |
Officer
|
$132,845 | $26,176 | $173,781 |
| RUTH ROSE | CHIEF CUST. EXP. OFFICER(THRU 09/24) | 36.00 |
Officer
|
$103,307 | $13,038 | $127,823 |
| SAMANTHA ESPINOSA | CHIEF HUMAN RESOURCES OFFICER | 36.00 |
Officer
|
$123,619 | $19,390 | $156,745 |
| ASHA DESHPANDE | SR DIR ENT DATA OP STG(THRU 08/24) | 36.00 |
Highest
|
$192,272 | $11,721 | $225,360 |
| SUSAN DUGAN | VP OF FINANCE (THRU 12/23) | 36.00 |
Highest
|
$172,044 | $10,288 | $201,448 |
| CRAIG GONSALVES | VP OF IT SOLUTIONS | 36.00 |
Highest
|
$156,316 | $42,871 | $216,555 |
| JILLIAN METZ | VP OF EXTERNAL RELATIONS | 36.00 |
Highest
|
$150,365 | $28,677 | $195,750 |
| SEAN K CHARTIER | ARCHITECT, DATA | 36.00 |
Highest
|
$155,621 | $18,473 | $191,386 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $904,611,188 | $1,241,338,513 | $1,488,205,086 | $-336,727,325 |
| 2023 | $913,033,619 | $755,297,200 | $1,519,328,624 | $157,736,419 |
| 2022 | $821,870,206 | $612,990,184 | $1,207,920,053 | $208,880,022 |
| 2021 | $988,357,974 | $699,663,403 | $918,219,749 | $288,694,571 |
| 2020 | $620,704,672 | $720,174,387 | $590,867,275 | $-99,469,715 |
| 2019 | $717,949,667 | $654,788,551 | $697,130,640 | $63,161,116 |
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