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Nonprofit · EIN 23-7424052

INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC

Tax-exempt · TALLAHASSEE, FL 32301

Financials

$1.7M$1.6M2023$1.6M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990$1,601,424$1,649,540-$48,116$1,150,130$143,298$1,006,832
May 31, 2024990$1,707,292$1,606,318$100,974$1,190,137$135,189$1,054,948
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$1,463,659
Membership dues
$1,463,659
Program service revenue
$0
Investment income
$57,970
Other revenue
$79,795

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$707,518
Salaries, compensation and benefits (total)
$908,834
Professional fundraising fees
$0
Legal fees
$54,000
Accounting fees
$11,200
Travel
$32,633
Depreciation
$12,670

Balance sheet and other

Total assets, start of year
$1,190,137
Total assets, end of year
$1,150,130
Total liabilities, end of year
$143,298
Net assets, end of year
$1,006,832
Land, buildings and equipment
$421,392
Gross receipts
$1,601,424
Employees
5
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended May 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ROBERT J BOYDPRESIDENT AN
Officer
40$362,023$34,921
990 for the year ended May 31, 2024: 1 people
NameTitleHours / weekCompensationOther / benefits
ROBERT J BOYDPRESIDENT AN
Officer
40$351,915$33,418

Address and contacts

Address (IRS master file)
542 E PARK AVE, TALLAHASSEE, FL 32301-2589
Principal officer (990 for 2024)
ROBERT J BOYD, 542 E PARK AVENUE, TALLAHASSEE, FL 32301
Signed the 990
ROBERT J BOYD, PRESIDENT AND CEO
Phone
(850) 681-3188
Return prepared by
TIMOTHY D SCOTT CPA PA

Mission

ADVANCE THE CAUSE OF INDEPENDENT COLLEGES AND UNIVERSITIES IN THE STATE OF FLORIDA.

990 for the year ended May 31, 2025

Program accomplishments

  • ADVANCE THE CAUSE OF INDEPENDENT COLLEGES AND UNIVERSITIES IN THE STATE OF FLORIDA.
  • ADVANCE THE CAUSE OF INDEPENDENT COLLEGES AND UNIVERSITIES IN THE STATE OF FLORIDA.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
23-7424052
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1975
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,150,130
Income (IRS master file)
$1,601,424

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025$1,601,424$1,649,540$1,150,130XML
990May 2024$1,707,292$1,606,318$1,190,137XML
990May 2023$1,492,426$1,574,393$1,039,909IRS
990May 2022–––IRS
990May 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7424052).

Questions about INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC

What is the EIN of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC?
The employer identification number (EIN) of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC is 23-7424052.
Is INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
Are donations to INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC?
The 990 for the year ended May 31, 2025 names ROBERT J BOYD.
Who are the officers and directors of INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC?
The 990 for the year ended May 31, 2025 lists 1 person; 1 received compensation from the organization, the highest $362,023 (ROBERT J BOYD, PRESIDENT AN).
How much revenue does INDEPENDENT COLLEGES AND UNIVERSITIES OF FLORIDA INC have?
On its 990 for the year ended May 31, 2025 it reported revenue of $1,601,424, expenses of $1,649,540 and total assets of $1,150,130 at year end.

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