Nonprofit · EIN 59-6173174
FLORIDA KEYS EDUCATIONAL FOUNDATION INC
Tax-exempt · KEY WEST, FL 33040
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $3,101,368 | $747,592 | $2,353,776 | $10,902,273 | $34,549 | $10,867,724 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $2,754,358
- Program service revenue
- $0
- Investment income
- $332,871
- Net gain from sales of assets
- $21,198
- Net income from fundraising events
- $14,139
- Other revenue
- $14,139
Expenses
- Grants and similar amounts paid
- $579,536
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $220
- Accounting fees
- $36,105
- Program services (functional)
- $678,426
- Management and general (functional)
- $69,166
Balance sheet and other
- Total assets, start of year
- $8,715,752
- Total assets, end of year
- $10,902,273
- Total liabilities, end of year
- $34,549
- Net assets, end of year
- $10,867,724
- Land, buildings and equipment
- $43,774
- Publicly traded securities
- $8,474,839
- Net assets without donor restrictions
- $1,424,385
- Net assets with donor restrictions
- $9,443,339
- Gross receipts
- $5,466,177
- Employees
- 0
- Volunteers
- 13
- Year formed
- 1966
- 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 March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LANA GASPARI | EXECUTIVE DIRECTOR Officer | 0.91 | $0 | $109,530 | $23,005 |
| JESSICA LOSARDO | RECORDING SECRETARY Trustee or director, Officer | 1.32 | $0 | $0 | $0 |
| BRUCE HALLE | TREASURER Trustee or director, Officer | 0.13 | $0 | $0 | $0 |
| ROBERT STOKY | CHAIR Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| LISA FERRINGO | VICE CHAIR Trustee or director, Officer | 0.13 | $0 | $0 | $0 |
| KIM FOWLER | DIRECTOR (AS OF 10/24) Trustee or director, Officer | 0.05 | $0 | $0 | $0 |
| MARISSA OWENS | DIRECTOR Trustee or director, Officer | 0.12 | $0 | $0 | $0 |
| ALAN BEAUBIEN | DIRECTOR Trustee or director | 0.06 | $0 | $0 | $0 |
| DALE CHASTEEN | DIRECTOR Trustee or director | 0.09 | $0 | $0 | $0 |
| CARRIE GROOMES | DIRECTOR Trustee or director | 0.05 | $0 | $0 | $0 |
| WILLIAM LAY | DIRECTOR Trustee or director | 0 | $0 | $0 | $0 |
| DEBRA LEONARD | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| MIKE PUTO | DIRECTOR Trustee or director | 0.11 | $0 | $0 | $0 |
| JOHN PARCE | DIRECTOR (THRU 04/24) Trustee or director | 0.19 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 5901 COLLEGE RD, KEY WEST, FL 33040-4315
- Principal officer (990 for 2024)
- LANA GASPARI, 5901 COLLEGE ROAD, KEY WEST, FL 33040
- Signed the 990
- LANA GASPARI, EXECUTIVE DIRECTOR
- Phone
- (305) 809-3214
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
TO PROVIDE FINANCIAL AND OTHER ESSENTIAL SUPPORT TO FURTHER THE MISSION AND GOALS OF THE COLLEGE OF THE FLORIDA KEYS (CFK).
Program accomplishments
- FLORIDA KEYS EDUCATIONAL FOUNDATION ASSISTS IN THE ACHIEVEMENT OF THE CFK'S MISSION BY SOLICITING, ADMINISTERING, AND OPTIMIZING THROUGH MATCHING PROGRAMS THE PRIVATE GIFTS, BEQUESTS, AND DONATIONS TO SUPPORT CFK'S STUDENTS AND TO ENHANCE TEACHING AND LEARNING AT THE CFK.Expenses $678,426 · grants $579,536
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 59-6173174
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1966
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,902,273
- Income (IRS master file)
- $5,466,177
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | – | – | – | IRS |
| 990 | March 2024 | $1,846,783 | $681,768 | $8,715,752 | IRS |
| 990 | March 2023 | $749,474 | $1,063,846 | $6,581,784 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990 | March 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about FLORIDA KEYS EDUCATIONAL FOUNDATION INC
- What is the EIN of FLORIDA KEYS EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of FLORIDA KEYS EDUCATIONAL FOUNDATION INC is 59-6173174.
- Is FLORIDA KEYS EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to FLORIDA KEYS EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLORIDA KEYS EDUCATIONAL FOUNDATION 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 FLORIDA KEYS EDUCATIONAL FOUNDATION INC due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FLORIDA KEYS EDUCATIONAL FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of FLORIDA KEYS EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended March 31, 2025 names LANA GASPARI.
- Who are the officers and directors of FLORIDA KEYS EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended March 31, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does FLORIDA KEYS EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $3,101,368, expenses of $747,592 and total assets of $10,902,273 at year end.
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