2023-05-02T10:21:55-05:00 2022-06-30 721396621 CARR RIGGS & INGRAM LLC 2633 CENTENNIAL BLVD STE 200 TALLAHASSEE FL 32308 990 2021-07-01 593201445 LEADERSHIP FLORIDA STATEWIDE COMMUNITY FOUNDATION INC LEAD 8505211220 3500 FINANCIAL PLAZA 300 TALLAHASSEE FL 32312 CHRISTINE LUCAS VICE PRES. & CHIEF OF STAFF 8505211220 2023-04-25 1 CHRISTINE LUCAS 999009999 MICHAEL C CARTER P00292302 8508788777 2023-04-25 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z WENDY SPENCER 3500 FINANCIAL PLAZA 300 TALLAHASSEE FL 32312 4357101 0 X WWW.LEADERSHIPFLORIDA.ORG X 1982 FL SEE SCHEDULE O. 21 21 15 127 7500 0 541228 890995 414801 1865928 193617 158031 562195 802951 1711841 3717905 0 0 0 0 1071621 1156683 0 0 38265 437597 2266916 1509218 3423599 202623 294306 5772949 5040287 1469256 964994 4303693 4075293 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 1017066 485557 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: THIS YEAR TWO ANNUAL MEETINGS WERE HELD. IN ADDITION TO OUR USUAL ANNUAL MEETING IN JUNE, A SECOND ONE WAS HELD IN NOVEMBER. 840744 708722 OBJECTIVE: TO PROVIDE INTENSIVE LEADERSHIP TRAINING AND NONPARTISAN INFORMATION ON CRITICAL ISSUES FACING FLORIDA. THIS OBJECTIVE IS OBTAINED BY THE CREATION OF FOUR DIVERSE CLASSES (CORNERSTONE, EXECUTIVE, CONNECT, AND EDUCATION.) CLASS PARTICIPANTS ENGAGE IN MULTI-MONTH CURRICULA WITH SESSIONS TAKING PLACE IN SEVERAL CITIES ACROSS THE STATE. ACCOMPLISHMENTS: OVER 50 INDIVIDUALS PARTICIPATED IN LEADERSHIP FLORIDA CORNERSTONE CLASS, OVER 40 PROFESSIONALS UNDER AGE 40 PARTICIPATED IN CONNECT CLASS, AND OVER 40 EDUCATORS AND EDUCATION PROFESSIONALS PARTICIPATED IN EDUCATION CLASS. ADDITIONALLY, LEADERSHIP FLORIDA PROVIDED PROGRAMMING TO OVER 100 MAYORS THROUGH ITS PARTNERSHIP WITH THE FLORIDA LEAGUE OF MAYORS. 140527 437436 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. 1189972 1029664 OTHER PROGRAMS RELATED TO ORGANIZATION'S EXEMPT PURPOSE. 1189972 1029664 3188309 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 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 32 0 1 15 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 AT-LARGE MEMBER 0.75 X 0 0 0 AUDREY RING REGION COUNCIL CHAIR 0.75 X 0 0 0 AUNDRA WALLACE AT-LARGE MEMBER 0.75 X 0 0 0 BARBARA SHIRLEY EDUCATION CLASS CHAIR 0.75 X 0 0 0 CHARLEY CAULKINS FLORIDA CHAMBER REPRESENTA 0.75 X 0 0 0 CHARLES HOKANSON FINANCE CHAIR 2.00 X X 0 0 0 DANIELLE SHULL CONNECT CLASS CHAIR 0.75 X 0 0 0 DOUG BARTEL CORNERSTONE CLASS CHAIR 0.75 X 0 0 0 GEORGE FORMAN DEVELOPMENT CHAIR 0.75 X 0 0 0 GREG HAILE PAST CHAIR 0.75 X X 0 0 0 JOHN HORNE CHAIR 2.00 X X 0 0 0 KAM PATTON CHAIR-ELECT 2.00 X X 0 0 0 MARK WILSON FLORIDA CHAMBER REPRESENTA 0.75 X 0 0 0 MONE BROWN CORNERSTONE CLASS PRESIDENT 0.75 X 0 0 0 NICOLE WASHINGTON CONNECT CLASS PRESIDENT 0.75 X 0 0 0 PAT KILBANE REGION COUNCIL CHAIR 0.75 X 0 0 0 PAUL BURNS EDUCATION CLASS PRESIDENT 0.75 X 0 0 0 RON CHRISTALDI AUDIT CHAIR 0.75 X 0 0 0 TERESA RAWE REGION COUNCIL CHAIR 0.75 X 0 0 0 TIM HOGANS GOVERNANCE CHAIR 0.75 X 0 0 0 CHRISTINE LUCAS VP & CHIEF OF STAFF (NON-B 37.50 X 107908 0 12640 WENDY SPENCER PRESIDENT & CEO 37.50 X 262359 0 36281 370267 0 48921 2 0 1 0 0 308790 582205 890995 CONFERENCE REGISTRATIO 900099 729309 729309 ANNUAL CLASS PROGRAM T 900099 703722 703722 MEMBERSHIP DUES 900099 294865 294865 PROGRAM REVENUE 900099 138032 138032 1865928 42120 42120 755107 639196 115911 115911 115911 SPONSORSHIPS 900099 795451 795451 ADVERTISING 541800 7500 7500 802951 3717905 2661379 7500 158031 485431 461159 9709 14563 512075 486471 10242 15362 95940 91143 1919 2878 63237 60075 1265 1897 16664 9071 7593 181595 179302 2293 176698 106731 69934 33 54361 28287 22542 3532 80782 43972 36810 150031 144056 5975 1547872 1541122 6750 32454 17666 14788 13148 7157 5991 GIFTS & CONTRIBUTIONS 5842 5842 EDUCATION 5524 5196 328 DUES & SUBSCRIPTIONS 1945 1059 886 3423599 3188309 197025 38265 X 345261 377899 2649551 1670551 315769 1021082 396821 108231 178109 47519 69914 130590 1995633 1731934 5772949 5040287 175755 219287 1111211 745707 182290 0 1469256 964994 X 1979680 1751740 2324013 2323553 4303693 4075293 5772949 5040287 294306 -522706 0 X X 0 1 X 1 0 X 1009827 1418154 1597737 1103423 1686446 6815587 1061151 1411548 881540 414801 1865928 5634968 2070978 2829702 2479277 1518224 3552374 12450555 0 0 0 12450555 69800 67475 61716 56528 42120 297639 69800 67475 61716 56528 42120 297639 52400 27500 31875 7500 119275 2193178 2924677 2572868 1574752 3601994 12867469 0.96760 0.96380 0.02310 0.02650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2675396 -364675 3776 2306945 2118160 1200 559148 3112 2675396 2093227 1200 24710 977 2118160 1963931 2000 148501 21205 2093227 1745265 141325 97461 20120 1963931 0.40000 0.59000 0.01000 0 0 178109 47519 130590 130590 3208399 -522706 13200 -509506 3717905 0 3717905 3436799 13200 13200 3423599 0 3423599 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 228308 0 25651 0 8400 0 22831 0 13450 0 298640 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 WOULD BE REFERRED TO PRO BONO LEGAL COUNSEL WHO WOULD RECOMMEND 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 38 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 X, LINE 25 & SCHEDULE D, PART X, LINE 2: IN JANUARY OF 2021, LEADERSHIP FLORIDA OBTAINED A LOAN TOTALING $182,290 THROUGH THE PAYCHECK PROTECTION PROGRAM ADMINISTERED BY THE U.S. SMALL BUSINESS ADMINISTRATION (PPP LOAN). THE LOAN IS HELD BY A COMMERCIAL BANK. UNDER THE TERMS OF THE LOAN, THE LEADERSHIP FLORIDA IS REQUIRED TO MAKE PAYMENTS OF PRINCIPAL AND INTEREST ON THE UNPAID PORTION OF THE LOAN BEGINNING MARCH 2021, BASED ON AN INTEREST RATE OF 1%, WITH MATURITY IN APRIL 2022. A PORTION OR ALL OF THE BORROWED AMOUNT MAY BE FORGIVEN BASED ON THE USE OF PROCEEDS BY LEADERSHIP FLORIDA IN ACCORDANCE WITH THE REQUIREMENTS OF THE PAYCHECK PROTECTION PROGRAM, INCLUDING THE PROVISIONS OF SECTION 1106 OF THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT) (P.L. 116136) DURING THE 8 WEEK PERIOD BEGINNING ON THE DATE OF THE FIRST DISBURSEMENT. MANAGEMENT EXPECTS FOR 100% OF THE OUTSTANDING BORROWINGS TO BE FORGIVEN IN THE SUBSEQUENT YEAR, THEREFORE THE LOAN IS CONSIDERED A CONDITIONAL GOVERNMENT GRANT AND IT HAS BEEN PRESENTED AS A REFUNDABLE ADVANCE ON THE BALANCE SHEET. FORM 990 PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.