FLORIDA FOUNDATION FOR CORRECTIONAL EXCELLENCE INC

EIN: 844942278 501(c)(3) Crime & Legal

TALLAHASSEE, FL

Total Revenue
$827,258
Total Expenses
$826,128
Total Assets
$790,765
Net Assets
$82,489
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
FL
Principal Officer
ERICA SPIVEY
Phone
8505669941
Tax Period
2024-07-01 to 2025-06-30

FLORIDA FOUNDATION FOR CORRECTIONAL EXCELLENCE INC, founded in 2020, is a small nonprofit in the Crime & Legal sector that reported $827K in total revenue in fiscal year 2024. Revenue surged 71% from the prior year, signaling strong growth momentum.

Mission

THE FLORIDA FOUNDATION FOR CORRECTIONAL EXCELLENCE, INC. (FFCE OR THE FOUNDATION) IS A NONPROFIT DIRECT SUPPORT ORGANIZATION (DSO) DESIGNED TO PROMOTE INNOVATIVE AND EFFECTIVE CAREER READINESS AND COMMUNITY RE-ENTRY PROGRAMS WITHIN FLORIDA'S CORRECTIONAL SYSTEM. FFCE WILL ENHANCE OPPORTUNITIES FOR FLORIDA'S RETURNING CITIZEN RE-ENTRY, JOB TRAINING PROGRAMS, ONLINE AND CLASSROOM ACADEMIC TRAINING AND WELLNESS PROGRAMS.THE FOUNDATION AIMS TO BRIDGE THE GAP BETWEEN COMMUNITY RESOURCES AND RE-ENTRY NEEDS BY CONNECTING PRIVATE AND PUBLIC PARTNERS, THEREBY INCREASING INVESTMENT IN PUBLIC CORRECTIONAL RE-ENTRY AND WORKFORCE TRAINING PROGRAMS SUPPORTING PUBLIC SAFETY AND HEALTHY FLORIDA COMMUNITIES.

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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 $808,973
Program Service Revenue $0
Investment Income $18,285
Other Revenue $0
TOTAL REVENUE $827,258

Expense Breakdown

Grants Paid $349,446
Salaries & Benefits $226,417
Fundraising Expenses $2,500
Program Expenses $670,956
Other Expenses $247,765
TOTAL EXPENSES $826,128

Year-over-Year Comparison

2024 2023 Change
Revenue $827,258 $485,052 +0.7%
Expenses $826,128 $413,803 +1.0%
Net Income $1,130 $71,249 -1.0%
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
10
Independent Members
10
Employees
2
Volunteers
12

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
$218,900
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN GAY CHAIR 1.00
Officer Director
$0 $0 $0
DENVER STUTLER PAST CHAIR/VICE CHAIR 1.00
Officer Director
$0 $0 $0
JON MCGAVIN TREASURER 1.00
Officer Director
$0 $0 $0
MARK REYNOLDS DIRECTOR 1.00
Director
$0 $0 $0
BREWSTER BEVIS DIRECTOR 1.00
Director
$0 $0 $0
DOUG DEASON DIRECTOR 1.00
Director
$0 $0 $0
MARK INCH DIRECTOR 1.00
Director
$0 $0 $0
VICKI LOPEZ DIRECTOR 1.00
Director
$0 $0 $0
NEWTON SANON DIRECTOR 1.00
Director
$0 $0 $0
ROB HARDWICK DIRECTOR 1.00
Director
$0 $0 $0
PRESTON SCOTT DIRECTOR UNTIL 4/23/2025 1.00
Director
$0 $0 $0
JOSH SMITH DIRECTOR UNTIL 7/9/2025 1.00
Director
$0 $0 $0
NOELLE MANASCO ASSOCIATE DIRECTOR/SECRETARY 40.00
Officer
$78,000 $0 $78,000
ERICA SPIVEY EXECUTIVE DIRECTOR 40.00
Officer
$132,200 $8,700 $140,900
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 $827,258 $826,128 $790,765 $1,130
2024 $485,052 $413,803 $707,299 $71,249
2023 $504,787 $497,103 $352,014 $7,684
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