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Florida Fund For Minority Teachers Inc

Organization summary

Type of Nonprofit

Designated as a 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 / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$930k (2022)

Expenses
$960k (2022)

Total Assets
$373k (2022)

Total Liabilities
$187k (2022)

Source: Form 990 tax filings from 2011 to 2022

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
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$930,146
Expenses
$959,709
Net Income
-$29,563
Net Assets
$185,785
Notable Sources of Revenue Percent of Total Revenue
Contributions $919,284
98.8%
Program Services $0
Investment Income $3
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,859
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $130,265
13.6%
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $372,899
Total Liabilities $187,114
Net Assets $185,785
Compensation
Key Employees and Officers Compensation Related Other
Cheryl Williams (Interim Executive Director) $86,952 $0 $0
Dr Glenn Good (Chair) $0 $0 $0
Dr Ulysees Gilbert Ii (Vice Chair) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Dr Evelyn Cartright (Director) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,102,321
Expenses
$1,138,239
Net Income
-$35,918
Net Assets
$215,348
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,091,355
99.0%
Program Services $0
Investment Income $1,046
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,920
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $32,647
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $94,857
8.3%
Assets/Debt
Total Assets $349,759
Total Liabilities $134,411
Net Assets $215,348
Compensation
Key Employees and Officers Compensation Related Other
Cheryl Williams (Interim Executive Director Effective May 2021) $5,175 $40,872 $16,727
Dr Michael Bowie (Executive Director Until April 2021) $0 $104,874 $8,673
Dr Glenn Good (Chair) $0 $0 $0
Dr Ulysees Gilbert Ii (Vice Chair) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Dr Evelyn Cartright (Director) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$966,980
Expenses
$1,071,878
Net Income
-$104,898
Net Assets
$251,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $959,465
99.2%
Program Services $0
Investment Income $7,501
0.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $29,952
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $86,932
8.1%
Assets/Debt
Total Assets $367,737
Total Liabilities $116,471
Net Assets $251,266
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $0 $99,447 $8,818
Dr Glenn Good (Chair) $0 $0 $0
Dr Ulysees Gilbert Ii (Vice Chair) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Dr Evelyn Cartright (Director) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,036,377
Expenses
$1,082,261
Net Income
-$45,884
Net Assets
$356,164
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,017,798
98.2%
Program Services $0
Investment Income $12,059
1.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,520
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $31,170
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $86,368
8.0%
Assets/Debt
Total Assets $552,081
Total Liabilities $195,917
Net Assets $356,164
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $0 $100,825 $9,978
Dr Glenn Good (Chairperson) $0 $0 $0
Dr Evelyn Cartright (Director) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Dr Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,118,039
Expenses
$1,083,842
Net Income
$34,197
Net Assets
$402,048
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,017,798
91.0%
Program Services $0
Investment Income $23,534
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $76,707
6.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $34,333
3.2%
Professional Fundraising Fees $0
Other Salaries and Wages $78,720
7.3%
Assets/Debt
Total Assets $665,716
Total Liabilities $263,668
Net Assets $402,048
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $4,000 $88,330 $10,423
Dr Kenneth Dose (Director) $0 $0 $0
Dr Glenn Good (Chairperson) $0 $0 $0
Dr Evelyn Cartright (Director) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Dr Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,237,634
Expenses
$1,102,282
Net Income
$135,352
Net Assets
$367,851
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,167,798
94.4%
Program Services $0
Investment Income $62,039
5.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,797
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $52,157
4.7%
Professional Fundraising Fees $0
Other Salaries and Wages $83,741
7.6%
Assets/Debt
Total Assets $2,598,294
Total Liabilities $2,230,443
Net Assets $367,851
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $10,000 $87,051 $9,048
Dr Kenneth Dose (Director) $0 $0 $0
Dr Glenn E Good (Chairperson) $0 $0 $0
Dr Evelyn D Cartright (Director) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Dr Piyush Agrawal (Director) $0 $0 $0
Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Dr Benjamin Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda Hogans (Director) $0 $0 $0
Dr Charles P Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,085,867
Expenses
$1,092,344
Net Income
-$6,477
Net Assets
$232,499
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,017,798
93.7%
Program Services $0
Investment Income $62,595
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,474
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $40,090
3.7%
Professional Fundraising Fees $0
Other Salaries and Wages $104,083
9.5%
Assets/Debt
Total Assets $2,816,103
Total Liabilities $2,583,604
Net Assets $232,499
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $10,000 $86,777 $7,698
Dr Kenneth Dose (Director) $0 $0 $0
Dr Glenn E Good (Chairperson) $0 $0 $0
Dr Evelyn D Cartright (Director) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Dr Piyush C Agrawal (Director) $0 $0 $0
Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Dr Benjamin B Cowins (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda L Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,191,381
Expenses
$1,140,100
Net Income
$51,281
Net Assets
$195,790
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,100,000
92.3%
Program Services $0
Investment Income $87,028
7.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,353
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $33,548
2.9%
Professional Fundraising Fees $0
Other Salaries and Wages $103,634
9.1%
Assets/Debt
Total Assets $2,869,933
Total Liabilities $2,674,143
Net Assets $195,790
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $5,000 $84,691 $7,591
Dr Kenneth Dose (Director) $0 $0 $0
Dr Glenn E Good (Chairperson) $0 $0 $0
Dr Evelyn D Cartright (Director) $0 $0 $0
William Spiers (Treasurer) $0 $0 $0
Dr Piyush C Agrawal (Director) $0 $0 $0
Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Dr Benjamin Cowins Sr (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda L Hogans (Director) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Samuel Wright (Director) $0 $0 $0
Teri Jones (Secretary) $0 $0 $0
Yul Anderson (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,080,702
Expenses
$1,022,343
Net Income
$58,359
Net Assets
$144,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $985,468
91.2%
Program Services $0
Investment Income $95,234
8.8%
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 $28,390
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $107,488
10.5%
Assets/Debt
Total Assets $3,113,011
Total Liabilities $2,968,552
Net Assets $144,459
Compensation
Key Employees and Officers Compensation Related Other
Dr Michael Bowie (Executive Director) $0 $81,463 $7,067
Dr Kenneth Dose (Director) $0 $0 $0
Dr Glenn E Good (Chairperson) $0 $0 $0
Dr Evelyn D Cartright (Director) $0 $0 $0
Dr Diane Briscoe (Director) $0 $0 $0
Mr William Spires (Treasurer) $0 $0 $0
Dr Piyush C Agrawal (Director) $0 $0 $0
Mr Ulysees Gilbert (Vice Chairperson) $0 $0 $0
Delores Smiley (Director) $0 $0 $0
Dr Benjamin Cowins Sr (Director) $0 $0 $0
Dr David Kumar (Director) $0 $0 $0
Dr Linda L Hogans (Secretary) $0 $0 $0
Dr Charles Ervin (Director) $0 $0 $0
Dr Antionette Wilcox (Director) $0 $0 $0
Dr Samuel Wright Sr (Director) $0 $0 $0
Teri Jones (Director) $0 $0 $0
Dr Diane Briscoe (Director) $0 $0 $0
Iana L Harris (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,140,207
Expenses
$1,028,246
Net Income
$111,961
Net Assets
$86,100
Notable Sources of Revenue Percent of Total Revenue
Contributions $985,468
86.4%
Program Services $0
Investment Income $154,589
13.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $150
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $35,280
3.4%
Professional Fundraising Fees $0
Other Salaries and Wages $105,647
10.3%
Assets/Debt
Total Assets $3,518,449
Total Liabilities $3,432,349
Net Assets $86,100

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,245,784
Expenses
$1,225,636
Net Income
$20,148
Net Assets
-$25,861
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,085,468
87.1%
Program Services $0
Investment Income $155,275
12.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,041
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $32,683
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $171,136
14.0%
Assets/Debt
Total Assets $3,462,103
Total Liabilities $3,487,964
Net Assets -$25,861

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,632,065
Expenses
$1,999,569
Net Income
-$367,504
Net Assets
-$46,009
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,543,624
94.6%
Program Services $0
Investment Income $56,331
3.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $32,110
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $53,732
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $208,103
10.4%
Assets/Debt
Total Assets $3,349,403
Total Liabilities $3,395,412
Net Assets -$46,009

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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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.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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