2024-04-24T11:34:40-05:00 2023-06-30 721396621 CARR RIGGS & INGRAM LLC 2633 CENTENNIAL BLVD STE 200 TALLAHASSEE FL 32308 990 2022-07-01 593201445 LEADERSHIP FLORIDA STATEWIDE COMMUNITY FOUNDATION INC LEAD 8505211220 3500 FINANCIAL PLAZA 300 TALLAHASSEE FL 32312 CHRISTINE LUCAS VICE PRES. & CHIEF OF STAFF 8505211220 2024-04-23 1 CHRISTINE LUCAS 999009999 0 MICHAEL C CARTER P00292302 8508788777 2024-04-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WENDY SPENCER 3500 FINANCIAL PLAZA 300 TALLAHASSEE FL 32312 3128719 0 X WWW.LEADERSHIPFLORIDA.ORG X 1982 FL SEE SCHEDULE O. 21 21 16 125 7500 0 890995 479179 1865928 1284747 158031 81918 802951 925124 3717905 2770968 0 0 0 0 1156683 1310602 0 0 27547 2266916 1595717 3423599 2906319 294306 -135351 5040287 5480313 964994 1265509 4075293 4214804 X WE CONTINUALLY CONVENE A STATEWIDE COMMUNITY OF COMMITTED LEADERS TO ENHANCE AND RECHARGE THEIR LEADERSHIP SKILLS AND TO EDUCATE AND INSPIRE THEM TO WORK ACROSS THEIR STRENGTHS AND DIVERSITIES FOR A BETTER FLORIDA. WE ENGAGE FLORIDIANS BY PROVIDING MEANINGFUL FORUMS FOR SHARING ESSENTIAL INFORMATION AND VIEWPOINTS, AND WE CREATE OPPORTUNITIES FOR SHARED EXPERIENCES THAT ARE INVITING, INSPIRING AND OF LASTING VALUE. 0 0 529189 254746 OBJECTIVE: THE ANNUAL MEETING IS THE LARGEST EVENT FOR ALL LEADERSHIP FLORIDA GRADUATES, DRAWING A DIVERSE GROUP OF HUNDREDS OF LEADERS FROM ACROSS THE STATE FOR A MEETING DESIGNED TO PROVIDE NONPARTISAN EDUCATION ON KEY ISSUES FACING FLORIDA, INSPIRE DIALOGUE, AND KEEP OUR MEMBERSHIP ENGAGED. ACCOMPLISHMENTS: OVER 800 MEMBERS AND GUESTS ASSEMBLED IN BOCA RATON TO HEAR WORLD-CLASS SPEAKERS AND RECONNECT WITH THEIR FELLOW LEADERSHIP FLORIDA CLASSMATES AND MEMBERS. 699504 550165 OBJECTIVE: TO PROVIDE INTENSIVE LEADERSHIP TRAINING AND NONPARTISAN INFORMATION ON CRITICAL ISSUES FACING FLORIDA. THIS OBJECTIVE IS OBTAINED BY THE CREATION OF THREE DIVERSE CLASSES (CORNERSTONE, CONNECT, AND EDUCATION.) CLASS PARTICIPANTS ENGAGE IN MULTI-MONTH CURRICULA WITH SESSIONS TAKING PLACE IN SEVERAL CITIES ACROSS THE STATE. ACCOMPLISHMENTS: OVER 55 INDIVIDUALS PARTICIPATED IN LEADERSHIP FLORIDA CORNERSTONE CLASS 40, OVER 50 PROFESSIONALS UNDER AGE 40 PARTICIPATED IN CONNECT CLASS 13, AND 45 EDUCATORS AND EDUCATION PROFESSIONALS PARTICIPATED IN EDUCATION CLASS. 218892 498753 OBJECTIVE: TO CONTINUE TO ENGAGE GRADUATES OF LEADERSHIP FLORIDA PROGRAMS IN POST-CLASS ACTIVITIES, INCLUDING OUR ANNUAL MEETING, INSPIRING THEM TO REMAIN ACTIVE LEADERS FOR FLORIDA AND PROVIDING THEM WITH CONTINUING EDUCATION OPPORTUNITIES. ACCOMPLISHMENTS: OVER 1,500 GRADUATES OF LEADERSHIP FLORIDA PROGRAMS CONNECTED AND INTERACTED WITH ONE ANOTHER IN MEANINGFUL FORUMS AND ACTIVITIES IN NINE ACTIVE REGIONS ACROSS THE STATE, FURTHER EXPANDING THE IMPACT OF THE ORGANIZATION. 1096441 898707 OTHER PROGRAMS RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. 1096441 898707 2544026 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 16 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X THE ORGANIZATION 8505211220 3500 FINANCIAL PLAZA 300 TALLAHASSEE FL 32312 ALBERTO PADRON AT-LARGE MEMBER 0.75 X 0 0 0 AMY MANGAN CHAIR-ELECT 2.00 X 0 0 0 NOELLE GOULART REGION CHAIR REPRESENTATIVE 0.75 X 0 0 0 KEITH HOSKINS AT-LARGE MEMBER 0.75 X 0 0 0 BRANDON JOHNSON EDUCATION CLASS CHAIR 0.75 X 0 0 0 KAREN MOORE FLORIDA CHAMBER REPRESENTA 0.75 X 0 0 0 MACK BERNARD SECRETARY/TREASURER 2.00 X X 0 0 0 TIM HOGANS CONNECT CLASS CHAIR 0.75 X 0 0 0 ASHLEY BROWN CORNERSTONE CLASS CHAIR 0.75 X 0 0 0 KAREN ARNOLD DEVELOPMENT CHAIR 0.75 X 0 0 0 DOMINIC CALABRO AUDIT CHAIR 0.75 X X 0 0 0 JOHN HORNE PAST CHAIR 0.75 X X 0 0 0 KAM PATTON CHAIR 2.00 X X 0 0 0 MARK WILSON FLORIDA CHAMBER REPRESENTA 0.75 X 0 0 0 MICHELLE ALBAN CORNERSTONE CLASS PRESIDEN 0.75 X 0 0 0 ROSIE NWAKANMA CONNECT CLASS PRESIDENT 0.75 X 0 0 0 JEANETTE YAEGER REGION CHAIR REPRESENTATIVE 0.75 X 0 0 0 EDRICK HAMILTON EDUCATION CLASS PRESIDENT 0.75 X 0 0 0 RON CHRISTALDI AT-LARGE MEMBER 0.75 X 0 0 0 IMRAN SIDDIQUI REGION CHAIR REPRESENTATIVE 0.75 X 0 0 0 MICHAEL WYNN GOVERNANCE CHAIR 0.75 X 0 0 0 CHRISTINE LUCAS VP & CHIEF OF STAFF (NON-B 37.50 X 115510 0 13400 WENDY SPENCER PRESIDENT & CEO 37.50 X 315724 0 43703 431234 0 57103 2 0 1 0 0 125000 354179 479179 ANNUAL CLASS PROGRAM T 900099 542500 542500 CONFERENCE REGISTRATIO 900099 392907 392907 MEMBERSHIP DUES 900099 260580 260580 PROGRAM REVENUE 900099 88760 88760 1284747 100749 100749 338920 357751 -18831 -18831 -18831 SPONSORSHIPS 900099 870329 870329 ONE TIME REVENUE 900099 47295 47295 ADVERTISING 541800 7500 7500 925124 2770968 2202371 7500 81918 546354 497182 38245 10927 558531 508263 39097 11171 137254 124901 9608 2745 68463 62302 4792 1369 18295 7758 10537 81245 75800 5105 340 169476 103452 65509 515 45274 19556 25718 95896 40665 55231 105425 90862 14088 475 1022898 987034 35864 41307 17516 23791 7656 3246 4410 EDUCATION 3165 2649 516 DUES & SUBSCRIPTIONS 2802 1188 1614 GIFTS & CONTRIBUTIONS 2793 1870 918 5 OPERATING:RECONCILIATIO -515 -218 -297 2906319 2544026 334746 27547 X 377899 1163985 1670551 1038141 1021082 1000049 108231 48283 199497 88826 130590 110671 1731934 1895905 0 223279 5040287 5480313 219287 475073 745707 645785 0 144651 964994 1265509 X 1751740 2687627 2323553 1527177 4075293 4214804 5040287 5480313 X -135351 174862 100000 0 X X 0 1 X 1 0 X 1418154 1597737 1103423 1686446 1349508 7155268 1411548 881540 414801 1865928 1284747 5858564 2829702 2479277 1518224 3552374 2634255 13013832 0 0 0 13013832 67475 61716 56528 42120 100749 328588 67475 61716 56528 42120 100749 328588 27500 31875 7500 7500 74375 47295 47295 2924677 2572868 1574752 3601994 2789799 13464090 0.96660 0.96760 0.02440 0.02310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2306945 256780 2194 2561531 2675396 -364675 3776 2306945 2118160 1200 559148 3112 2675396 2093227 1200 24710 977 2118160 1963931 2000 148501 21205 2093227 0.47140 0.51690 0.01167 0 0 199497 88826 110671 110671 LEASE LIABILITY 144651 144651 2945830 174862 174862 2770968 0 2770968 2906319 0 2906319 0 2906319 PART V, LINE 4: THE ALUMNI ENDOWMENT INTEREST GENERATED IS USED TO SUPPORT THE MEMBER NETWORK (UNRESTRICTED). THE SCHOLARSHIP ENDOWMENT INTEREST GENERATED IS KEPT IN THE CLASS TUITION SCHOLARSHIP FUND (TEMP RESTRICTED). FROM THERE, IT IS USED TO OFFSET CLASS PROGRAM TUITION FOR THOSE WHO CANNOT AFFORD TO PAY LEADERSHIP FLORIDA. ENDOWMENT INTEREST GENERATED IS USED TO SUPPORT THE ANNUAL LEADERSHIP FLORIDA (UNRESTRICTED). X X X X 0 0 0 0 0 0 0 0 0 WENDY SPENCER PRESIDENT & CEO 302527 0 4797 0 8400 0 30253 0 13450 0 359427 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE COMPOSITION OF THE BOARD OF DIRECTORS IS OUTLINED IN ARTICLE V OF THE ORGANIZATION'S BYLAWS. A NOMINATING COMMITTEE SOLICITS NOMINATIONS OF MEMBERS WILLING TO SERVE ON THE BOARD. AT-LARGE DIRECTORS AND THE CHAIR-ELECT ARE ELECTED BY A MAJORITY OF THOSE CLASS B VOTING MEMBERS PRESENT AND VOTING AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE ONLY DECISION SUBJECT TO APPROVAL BY THE MEMBERSHIP ("OTHER PERSONS") IS AMENDMENT OF THE BYLAWS OF THE GOVERNING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE SHALL REVIEW IN DETAIL THE DRAFT OF THE ANNUAL INTERNAL REVENUE SERVICE FORM 990 AND RECOMMEND ANY NECESSARY CHANGES TO MANAGEMENT. A COPY OF THE FORM SHALL BE SUBMITTED TO THE DIRECTORS PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C A DISCLOSURE FORM MUST BE COMPLETED, SIGNED, AND RETURNED ANNUALLY. IF A CONFLICT OF INTEREST IS DISCLOSED, IT IS REFERRED TO PRO BONO LEGAL COUNSEL WHO RECOMMENDS APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE ORGANIZATION'S BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE AND COMPENSATION OF THE PRESIDENT AND CEO. THE COMMITTEE IS COMPOSED OF THE BOARD OF DIRECTORS' CHAIRMAN, IMMEDIATE PAST CHAIR, CHAIR DESIGNEE, SECRETARY-TREASURER AND ONE DIRECTOR APPOINTED BY THE CHAIRMAN. THE COMMITTEE CONSIDERS, AMONG OTHER THINGS, PERFORMANCE COMPARED TO THE OBJECTIVES ESTABLISHED FOR THE PREVIOUS YEAR AND GENERAL ECONOMIC CONDITIONS. A WRITTEN EVALUATION OF THE PRESIDENT AND CEO IS PROVIDED. COMPENSATION ADJUSTMENTS RECOMMENDED BY THE COMMITTEE, IF ANY, ARE RATIFIED BY THE ORGANIZATION'S FULL BOARD OF DIRECTORS AT A REGULAR MEETING PRIOR TO IMPLEMENTATION. THE PRESIDENT AND CEO HAS THE AUTHORITY TO ESTABLISH COMPENSATION FOR ALL OTHER EMPLOYEES. THE LAST COMPENSATION STUDY WAS PERFORMED IN JANUARY 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THREE MOST CURRENT YEARS OF FINANCIAL STATEMENTS AND FORM 990S AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART X, LINE 9: EXPLANATION OF PREPAID EXPENSES AND DEFERRED CHARGES. MOST OF THE PREPAID EXPENSES ARE RELATED TO "BUT FOR" TRIPS AND THE LAST SESSIONS OF CORNERSTONE CLASS AND CONNECT CLASS 10 WHICH WERE MOVED TO THE SUBSEQUENT FISCAL YEAR. FORM 990, PART X, LINE 19: EXPLANATION OF DEFERRED REVENUE INCLUDES CONTRACT LIABILITIES. TUITION, EVENT AND TRIP REGISTRATIONS, MEMBER NETWORK REGISTRATIONS, ADVERTISING SALES, AND OTHER FEES FOR SERVICE ARE ACCOUNTED FOR UNDER ASC TOPIC 606, REVENUE FROM CONTRACTS WITH CUSTOMERS (ASC 606), RECOGNIZING REVENUE WHEN PERFORMANCE OBLIGATIONS UNDER THE TERMS OF THE CONTRACTS WITH CUSTOMERS ARE SATISFIED. PRIOR TO THE ADOPTION OF ASC 606, THE ASSOCIATION RECOGNIZED REVENUE WHEN PERSUASIVE EVIDENCE OF AN ARRANGEMENT EXISTED, DELIVERY OF PRODUCTS HAD OCCURRED, THE SALES PRICE WAS FIXED OR DETERMINABLE AND COLLECTABILITY WAS REASONABLY ASSURED. REVENUE COLLECTED IN ADVANCE HAS BEEN INCLUDED IN CONTRACT LIABILITIES. SUCH CONTRACT LIABILITIES ARE SUBSTANTIALLY RECOGNIZABLE WITHIN ONE YEAR. FORM 990 PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 PART XI LINE 8: THE FINANCIAL STATEMENTS FOR FISCAL YEAR 2022 HAVE BEEN RESTATED TO CORRECT AN ERROR RELATED TO REVENUE RECOGNITION FOR GRANT REVENUE IN FISCAL YEAR 2021. THE EFFECT OF THE RESTATEMENT WAS TO INCREASE BOTH BEGINNING NET ASSETS AND ACCOUNTS RECEIVABLE FOR THE YEAR ENDED JUNE 30, 2022 BY $100,000.