Fsu Financial Assistance Inc

Tallahassee, FL
Tax-exempt since Feb. 1985
EIN: 59-2477517

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Revenue

$15.8M (2023)

Expenses

$15.7M (2023)

Total Assets

$140M (2023)

Total Liabilities

$128M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$15,798,080

Expenses

$15,743,742

Net Income

$54,338

Net Assets

$11,801,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,777,486	23.9%
Program Services	$11,934,391	75.5%
Investment Income	$46,067	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$40,136	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$535,714	3.4%

Assets/Debt
Total Assets	$139,628,696
Total Liabilities	$127,826,850
Net Assets	$11,801,846

Compensation

Key Employees and Officers	Compensation	Related	Other
Stephen Ponder (President (Beg. 6/20/22))	$0	$326,744	$7,478
William O Bell (Secretary)	$0	$0	$0
Kyle Clark (Treasurer)	$0	$0	$0
Charlie Dudley (Director)	$0	$0	$0
Clif Curry (Director)	$0	$0	$0
Jimmy Graganella (Director)	$0	$0	$0
Peter Collins (Director)	$0	$0	$0
Scott Darling (Director)	$0	$0	$0
William Sweeney (Director)	$0	$0	$0
Warner Peacock (Director)	$0	$0	$0
Michael Alford (Director)	$0	$0	$0
Jp Sinclair Iii (Cfo)	$0	$133,408	$14,533

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990

Filed on May 15, 2024

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Fiscal Year Ending June
2022

Revenue

$16,927,919

Expenses

$15,457,817

Net Income

$1,470,102

Net Assets

$11,747,527

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,556,334	32.8%
Program Services	$11,371,073	67.2%
Investment Income	$512	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$525,455	3.4%

Assets/Debt
Total Assets	$143,799,866
Total Liabilities	$132,052,339
Net Assets	$11,747,527

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael Alford (President (Thru 1/2/22))	$0	$362,539	$7,204
Stephen Ponder (President (Starting 6/20/22))	$0	$0	$0
William O Bell (Secretary)	$0	$0	$0
Kyle Clark (Treasurer)	$0	$421,771	$47,616
Charlie Dudley (Director)	$0	$0	$0
Clif Curry (Director)	$0	$0	$0
Jimmy Graganella (Director)	$0	$0	$0
Peter Collins (Director)	$0	$0	$0
Scott Darling (Director)	$0	$0	$0
William Sweeney (Director)	$0	$151,610	$15,368
Jp Sinclair (Cfo)	$0	$127,791	$13,588

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990

Filed on May 11, 2023

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2021

Revenue

$12,995,500

Expenses

$12,903,292

Net Income

$92,208

Net Assets

$10,361,705

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$7,212,094	55.5%
Program Services	$5,780,005	44.5%
Investment Income	$385	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,016	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$643,825	5.0%

Assets/Debt
Total Assets	$147,384,832
Total Liabilities	$137,023,127
Net Assets	$10,361,705

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President (Thru 8/31/20))	$0	$940,565	$41,349
James Pitts (Secretary)	$0	$198,777	$36,882
Joseph Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$1,237,604	$310,024
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$153,062	$14,072
Kyle Clark (Treasurer)	$0	$433,666	$45,791
David Coburn (Director)	$0	$535,158	$30,860
Michael Alford (President (Starting 9/1/20))	$0	$80,095	$1,920
Jp Sinclair (Cfo)	$0	$125,742	$16,686

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990

Filed on May 13, 2022

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Fiscal Year Ending June
2020

Revenue

$14,595,271

Expenses

$15,478,621

Net Income

-$883,350

Net Assets

$10,269,497

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,464,397	23.7%
Program Services	$11,113,647	76.1%
Investment Income	$8,087	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$9,140	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$456,847	3.0%

Assets/Debt
Total Assets	$151,220,276
Total Liabilities	$140,950,779
Net Assets	$10,269,497

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$343,979	$45,705
James Pitts (Secretary)	$0	$191,411	$33,655
Joseph Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$709,574	$289,699
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$147,184	$12,186
Kyle Clark (Treasurer)	$0	$386,626	$43,574
David Coburn (Director)	$0	$549,625	$30,103
Jp Sinclair (Cfo)	$0	$124,851	$18,558

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990

Filed on May 12, 2021

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2019

Revenue

$13,137,178

Expenses

$15,583,167

Net Income

-$2,445,989

Net Assets

$6,514,087

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,107,351	99.8%
Investment Income	$11,783	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$18,044	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$236,975	1.5%

Assets/Debt
Total Assets	$159,140,435
Total Liabilities	$152,626,348
Net Assets	$6,514,087

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$341,744	$48,254
James Pitts (Secretary)	$0	$192,798	$31,940
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$975,060	$263,153
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$142,802	$11,554
Kyle Clark (Treasurer)	$0	$394,099	$42,373
Stan Wilcox (Director)	$0	$751,210	$215,602
Jp Sinclair (Cfo)	$0	$113,965	$18,995

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990

Filed on June 10, 2020

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2018

Revenue

$11,891,925

Expenses

$15,798,193

Net Income

-$3,906,268

Net Assets

$8,960,076

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$11,847,361	99.6%
Investment Income	$19,778	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$24,786	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$276,662	1.8%

Assets/Debt
Total Assets	$172,392,274
Total Liabilities	$163,432,198
Net Assets	$8,960,076

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$343,206	$47,260
James Pitts (Secretary)	$0	$185,223	$30,856
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$816,453	$244,195
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$139,415	$10,764
Kyle Clark (Treasurer)	$0	$363,700	$41,095
Stan Wilcox (Director)	$0	$853,841	$257,362
Jp Sinclair (Cfo)	$0	$107,748	$17,954

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990

Filed on May 15, 2019

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2017

Revenue

$11,990,488

Expenses

$12,812,670

Net Income

-$822,182

Net Assets

$12,912,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$11,734,536	97.9%
Investment Income	$201,869	1.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$54,083	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$136,265	1.1%

Assets/Debt
Total Assets	$183,476,908
Total Liabilities	$170,564,436
Net Assets	$12,912,472

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$316,291	$39,936
James Pitts (Secretary)	$0	$182,158	$28,747
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$615,320	$185,966
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$137,415	$10,156
Kyle Clark (Treasurer)	$0	$342,549	$38,704
Stan Wilcox (Director)	$0	$759,194	$197,547
Jp Sinclair (Cfo)	$0	$102,694	$17,805

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990

Filed on May 15, 2018

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2016

Revenue

$6,067,553

Expenses

$6,268,895

Net Income

-$201,342

Net Assets

$13,669,654

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,350,953	88.2%
Investment Income	$716,600	11.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$169,725,318
Total Liabilities	$156,055,664
Net Assets	$13,669,654

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$282,536	$44,211
James Pitts (Secretary)	$0	$177,303	$28,138
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
John Thrasher (Director)	$0	$547,951	$180,716
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$133,618	$9,774
David Coburn (Treasurer)	$0	$133,004	$5,441
Stan Wilcox (Director)	$0	$669,889	$109,270
Jp Sinclair (Cfo)	$0	$90,630	$11,808

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990

Filed on May 5, 2017

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2015

Revenue

$5,252,983

Expenses

$5,286,835

Net Income

-$33,852

Net Assets

$13,870,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$460,000	8.8%
Program Services	$4,793,022	91.2%
Investment Income	$229	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$268

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$91,375,976
Total Liabilities	$77,504,980
Net Assets	$13,870,996

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$270,304	$27,654
James Pitts (Secretary)	$0	$0	$0
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
Garnett Stokes (Director)	$0	$424,547	$23,264
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$129,841	$9,284
David Coburn (Treasurer)	$0	$34,484	$4,065
Stan Wilcox (Director)	$0	$680,751	$107,363
Sanford Lovingood (Comptroller( 07/01/14 10/1/14))	$0	$75,410	$13,526
Jp Sinclair (Cfo)	$0	$78,773	$5,878

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990

Filed on May 12, 2016

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2014

Revenue

$6,145,994

Expenses

$5,996,455

Net Income

$149,539

Net Assets

$13,904,848

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$860,848	14.0%
Program Services	$5,246,722	85.4%
Investment Income	$38,424	0.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$89,041,745
Total Liabilities	$75,136,897
Net Assets	$13,904,848

Compensation

Key Employees and Officers	Compensation	Related	Other
Robert A Miller (President)	$0	$307,452	$65,965
James Pitts (Secretary)	$0	$0	$0
Joe Camps (Director)	$0	$0	$0
W Russell Morcom (Director)	$0	$0	$0
Dr Eric Barron (Director (7/1/13 3/31/14))	$0	$645,922	$83,400
William O Bell (Director)	$0	$0	$0
Kathy Atkins Gunter (Director)	$0	$0	$0
William Sweeney (Director)	$0	$126,861	$7,685
Garnett Stokes (Director (4/1/14 6/30/14))	$0	$338,562	$17,303
David Coburn (Treasurer)	$0	$194,106	$17,764
Stan Wilcox (Director)	$0	$367,659	$92,664
Sanford Lovingood (Cfo)	$0	$105,005	$17,043

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990

Filed on May 13, 2015

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2013

Revenue

$5,486,203

Expenses

$5,509,890

Net Income

-$23,687

Net Assets

$14,274,201

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$830,401	15.1%
Program Services	$4,566,980	83.2%
Investment Income	$85,032	1.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,790	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$92,980,937
Total Liabilities	$78,706,736
Net Assets	$14,274,201

990

Filed on March 19, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

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Fiscal Year Ending June
2012

Revenue

$5,198,279

Expenses

$5,584,594

Net Income

-$386,315

Net Assets

$14,297,888

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$444,250	8.5%
Program Services	$4,751,195	91.4%
Investment Income	$223	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,611	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$80,117,508
Total Liabilities	$65,819,620
Net Assets	$14,297,888

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Revenue

$5,803,678

Expenses

$5,755,198

Net Income

$48,480

Net Assets

$14,684,203

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,000,000	17.2%
Program Services	$4,803,478	82.8%
Investment Income	$200	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$81,330,365
Total Liabilities	$66,646,162
Net Assets	$14,684,203

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

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Fsu Financial Assistance Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $15.8M (2023)

Expenses $15.7M (2023)

Total Assets $140M (2023)

Total Liabilities $128M (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

990-T

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$15.8M (2023)

Expenses

$15.7M (2023)

Total Assets

$140M (2023)

Total Liabilities

$128M (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending Jan.
2006

Fiscal Year Ending Jan.
2005

Fiscal Year Ending Jan.
2004

Fiscal Year Ending Jan.
2003

Fiscal Year Ending Jan.
2002

Fiscal Year Ending Jan.
2001