TRIUMPH GULF COAST INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TRIUMPH GULF COAST INC (EIN 82-1840264)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202423209349304262
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T08:31:41-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN454084437PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WARREN AVERETT LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1350 W CEDAR STREET SUITE 400AddressLine1Txt
CityPENSACOLACityNm
State AbbreviationFLStateAbbreviationCd
ZIP32502ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN821840264EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRIUMPH GULF COAST INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTRIUBusinessNameControlTxt
Phone8503879405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 12007AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32317ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonREYNOLDS HENDERSONPersonNm
Person TitleTREASURERPersonTitleTxt
Phone8503879405PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCLAIRE C DUREN CPAPreparerPersonNm
PTINP01577924PTIN
Phone8504357400PhoneNum
Preparation2024-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID M BEARPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 12007AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32317ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$96,800,588GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.MYFLORIDATRIUMPH.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTRIUMPH GULF COAST, INC. IS A NONPROFIT CORPORATION ORGANIZED TO OVERSEE THE EXPENDITURE OF 75 PERCENT OF ALL FUNDS RECOVERED BY THE FLORIDA ATTORNEY GENERAL FOR ECONOMIC DAMAGES TO THE STATE THAT RESULTED FROM THE 2010 DEEPWATER HORIZON OIL SPILL. TRIUMPH GULF COAST, INC., IS REQUIRED TO ADMINISTER THE DISTRIBUTION OF THE FUNDS TO BE USED FOR THE RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE EIGHT NORTHWEST FLORIDA COUNTIES DISPROPORTIONATELY AFFECTED BY THE OIL SPILL. THOSE COUNTIES INCLUDE ESCAMBIA, SANTA ROSA, OKALOOSA, WALTON, BAY, GULF, FRANKLIN AND WAKULLA.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$85,000,000PYContributionsGrantsAmt
CY Contributions Grants$80,000,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$16,800,588CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$85,000,000PYTotalRevenueAmt
CY Total Revenue$96,800,588CYTotalRevenueAmt
PY Grants And Similar Paid$34,917,894PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$51,894,713CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$105,211PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$118,415CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$759,898PYOtherExpensesAmt
CY Other Expenses$821,646CYOtherExpensesAmt
PY Total Expenses$35,783,003PYTotalExpensesAmt
CY Total Expenses$52,834,774CYTotalExpensesAmt
PY Revenues Less Expenses$49,216,997PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$43,965,814CYRevenuesLessExpensesAmt
Total Assets BOY$544,199,482TotalAssetsBOYAmt
Total Assets EOY$592,362,789TotalAssetsEOYAmt
Total Liabilities BOY$2,029,194TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,491,366TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$542,170,288NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$579,871,423NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTRIUMPH GULF COAST, INC. IS A NONPROFIT CORPORATION ORGANIZED TO OVERSEE THE EXPENDITURE OF 75 PERCENT OF ALL FUNDS RECOVERED BY THE FLORIDA ATTORNEY GENERAL FOR ECONOMIC DAMAGES TO THE STATE THAT RESULTED FROM THE 2010 DEEPWATER HORIZON OIL SPILL. TRIUMPH GULF COAST, INC., IS REQUIRED TO ADMINISTER THE DISTRIBUTION OF THE FUNDS TO BE USED FOR THE RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE EIGHT NORTHWEST FLORIDA COUNTIES DISPROPORTIONATELY AFFECTED BY THE OIL SPILL. THOSE COUNTIES INCLUDE ESCAMBIA, SANTA ROSA, OKALOOSA, WALTON, BAY, GULF, FRANKLIN AND WAKULLA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$52,687,600ExpenseAmt
Grant$51,894,713GrantAmt
DescTRIUMPH GULF COAST, INC., SHALL MAKE AWARDS FROM AVAILABLE FUNDS TO PROJECTS OR PROGRAMS THAT MEET THE PRIORITIES FOR ECONOMIC RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE DISPROPORTIONATELY AFFECTED COUNTIES. TRIUMPH OPENED THE APPLICATION PROCESS FOR THESE FUNDS IN NOVEMBER 2017. THE FIRST GRANTS WERE AWARDED IN 2018. AWARDS MAY BE PROVIDED FOR: (1) AD VALOREM TAX RATE REDUCTION WITHIN DISPROPORTIONATELY AFFECTED COUNTIES; (2) LOCAL MATCH REQUIREMENTS OF FLORIDA S. 288.0655 FOR PROJECTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES; (3) PUBLIC INFRASTRUCTURE PROJECTS FOR CONSTRUCTION, EXPANSION, OR MAINTENANCE WHICH ARE SHOWN TO ENHANCE ECONOMIC RECOVERY, DIVERSIFICATION, AND ENHANCEMENT OF THE DISPROPORTIONATELY AFFECTED COUNTIES; (4) GRANTS TO LOCAL GOVERNMENTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES TO ESTABLISH AND MAINTAIN EQUIPMENT AND TRAINED PERSONNEL FOR LOCAL ACTION PLANS OF RESPONSE TO RESPOND TO DISASTERS; (5) GRANTS TO SUPPORT PROGRAMS THAT PREPARE STUDENTS FOR FUTURE OCCUPATIONS AND CAREERS AT K-20 INSTITUTIONS THAT HAVE CAMPUSES IN DISPROPORTIONATELY AFFECTED COUNTIES. ELIGIBLE PROGRAMS INCLUDE THOSE THAT INCREASE STUDENTS' TECHNOLOGY SKILLS AND KNOWLEDGE; ENCOURAGE INDUSTRY CERTIFICATIONS; PROVIDE RIGOROUS, ALTERNATIVE PATHWAYS FOR STUDENTS TO MEET HIGH SCHOOL GRADUATION REQUIREMENTS; STRENGTHEN CAREER READINESS INITIATIVES; FUND HIGH-DEMAND PROGRAMS OF EMPHASIS AT THE BACHELOR'S AND MASTER'S LEVEL DESIGNATED BY THE BOARD OF GOVERNORS; AND, SIMILAR TO OR THE SAME AS TALENT RETENTION PROGRAMS CREATED BY THE CHANCELLOR OF THE STATE UNIVERSITY SYSTEM AND THE COMMISSION OF EDUCATION, ENCOURAGE STUDENTS WITH INTEREST OR APTITUDE FOR SCIENCE, TECHNOLOGY, ENGINEERING,MATHEMATICS, AND MEDICAL DISCIPLINES TO PURSUE POSTSECONDARY EDUCATION AT A STATE UNIVERSITY OF A FLORIDA COLLEGE SYSTEM INSTITUTION WITHIN THE DISPROPORTIONATELY AFFECTED COUNTIES; (6) GRANTS TO SUPPORT PROGRAMS THAT PROVIDE PARTICIPANTS IN THE DISPROPORTIONATELY AFFECTED COUNTIES WITH TRANSFERABLE, SUSTAINABLE WORKFORCE SKILLS THAT ARE NOT CONFINED TO A SINGLE EMPLOYER; AND (7) GRANTS TO THE TOURISM ENTITY CREATED UNDER FLORIDA S. 288.1226 FOR THE PURPOSE OF ADVERTISING AND PROMOTING TOURISM AND FRESH FROM FLORIDA, AND GRANTS TO PROMOTE WORKFORCE AND INFRASTRUCTURE, ON BEHALF OF ALL OF THE DISPROPORTIONATELY AFFECTED COUNTIES.Desc
Total Program Service Expenses$52,687,600TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document6IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8503879405PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 12007AddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32317ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
DAVID M BEAR
CHAIR5.00Yes (X)Yes (X)$0$0$0
J COLLIER MERRILL
VICE CHAIR5.00Yes (X)Yes (X)$0$0$0
REYNOLDS HENDERSON
TREASURER5.00Yes (X)Yes (X)$0$0$0
BRYAN A CORR SR
BOARD MEMBER5.00Yes (X)$0$0$0
DAVID L HUMPHREYS
BOARD MEMBER5.00Yes (X)$0$0$0
JAY TRUMBULL SR
BOARD MEMBER5.00Yes (X)$0$0$0
LESLIE WEISS
BOARD MEMBER5.00Yes (X)$0$0$0
SUSAN SKELTON
EXECUTIVE DIRECTOR40.00Yes (X)$110,000$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$110,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CLARK PARTINGTON HART LARRY BOND AND
125 WEST ROMANA STREET SUITE 800PENSACOLAFL32502LEGAL SERVICES$200,000
TIPTON MARLER GARNER & CHASTAIN
501 W 19TH STPANAMA CITYFL32405ACCOUNTING SERVICES$191,501
RICK HARPER PHD INC
516 ZARAGOSSA STREETPENSACOLAFL32502ECONOMIC ADVISOR/CONSULTING SERVICES$118,526
HENDERSON PUBLIC AFFAIRS
2809 ABERDEEN DRTALLAHASSEEFL32312PUBLIC RELATIONS$104,463
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$80,000,000GovernmentGrantsAmt
Total Contributions$80,000,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,800,588TotalRevenueColumnAmt
Exclusion$16,800,588ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$96,800,588TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$16,800,588ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$51,894,713TotalAmt
Program Services$51,894,713ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$110,000TotalAmt
Program Services$88,000ProgramServicesAmt
Management And General$22,000ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$8,415TotalAmt
Program Services$6,732ProgramServicesAmt
Management And General$1,683ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$200,000TotalAmt
Program Services$160,000ProgramServicesAmt
Management And General$40,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$104,224TotalAmt
Program Services$83,379ProgramServicesAmt
Management And General$20,845ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$127,026TotalAmt
Program Services$127,026ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$14,270TotalAmt
Management And General$14,270ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$28,196TotalAmt
Management And General$28,196ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,916TotalAmt
Program Services$2,916ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,899TotalAmt
Management And General$19,899ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
GRANTS EVALUATION COSTS$221,246$221,246
PROGRAM ADMINISTRATION$103,563$103,563
BANK FEES$281$281
MISCELLANEOUS EXPENSE$25$25

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$52,834,774TotalAmt
Program Services$52,687,600ProgramServicesAmt
Management And General$147,174ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$386,859BOYAmt
EOY$329,910EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$543,796,024BOYAmt
EOY$589,026,190EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$16,599BOYAmt
EOY$3,006,689EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$544,199,482BOYAmt
EOY$592,362,789EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$39,961BOYAmt
EOY$32,334EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
EOY$12,459,032EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,989,233BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,029,194BOYAmt
EOY$12,491,366EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$382,244,115BOYAmt
EOY$445,801,998EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$159,926,173BOYAmt
EOY$134,069,425EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$542,170,288BOYAmt
EOY$579,871,423EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$544,199,482BOYAmt
EOY$592,362,789EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$43,965,814ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$6,264,679PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$80,000,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,000,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$80,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$85,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$80,000,000CurrentTaxYearAmt
Total$405,000,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$80,000,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$80,000,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$80,000,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$85,000,000CurrentTaxYearMinus1YearAmt
Current Tax Year$80,000,000CurrentTaxYearAmt
Total$405,000,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$405,000,000PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year$16,800,588CurrentTaxYearAmt
Total$16,800,588TotalAmt
FieldValueIRS element (for citing)
Total Support$421,800,588TotalSupportAmt
Public Support CY1700.96020PublicSupportCY170Pct
Public Support PY1700.98660PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$96,800,588TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$96,800,588RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$96,800,588TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$52,834,774TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$52,834,774ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$52,834,774TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE ORGANIZATION.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (17 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
WAKULLA COUNTY SCHOOL BOARD
69 ARRAN ROADCRAWFORDVILLEFL32327596000892$5,273,403$0THE GRANT WILL PROVIDE FUNDING FOR THE WAKULLA COUNTY SCHOOL BOARD'S (WCSB) PROJECT TO CONSTRUCT A BUS GARAGE FOR STUDENT TRANSPORTATION AND TO RENOVATE THE CURRENT BUS GARAGE FOR THE NEW CAREER AND TECHNICAL CENTER (CTE). 2 NEW PROGRAMS WILL INITIALLY BE HOUSED IN THE WAKULLA CTE, IN THE AUTOMOTIVE AND HVAC INDUSTRIES. THESE NEW PROGRAMS WILL BOLSTER THE AVAILABILITY FOR THE WCSB STUDENTS TO RECEIVE INDUSTRY CERTIFICATIONS.
PANAMA CITY PORT AUTHORITY
ONE SEAPORT DRIVEPANAMA CITYFL32401591114009$1,076,149$0THE GRANT WILL ASSIST IN PANAMA CITY PORT AUTHORITY'S PROJECT FOR THE FIRST PHASE OF THE EAST TERMINAL DEVELOPMENT WHICH INCLUDES THE CONSTRUCTION OF A 260,000 SQUARE FOOT MODERN FOREST PRODUCTS WAREHOUSE, THE CONSTRUCTION OF A NEW 900-FOOT BULKHEAD WALL TO SUPPORT THE DEEPENING OF THE CHANNEL AND BERTH, IMPROVEMENTS TO THE BERTH APRON, THE CONSTRUCTION OF A 40-CAR RAIL YARD, THE CONSTRUCTION OF INTERNAL ROADS, THE CONSTRUCTION OF OUTSIDE STORAGE AREAS, THE INSTALLATION OF SECURITY FENCES, GATES, OUTDOOR LIGHTING, AND EMPLOYEE PARKING.
NORTHWEST FLORIDA STATE COLLEGE
100 E COLLEGE BLVDNICEVILLEFL32578591214054$2,766,939$0THE GRANT WILL PROVIDE FUNDING TO ESTABLISH THE WALTON WORKS TRAINING CENTER OF EXCELLENCE TO INCREASE NORTHWEST FLORIDA STATE COLLEGE'S ABILITY TO PROVIDE INDUSTRY-RECOGNIZED CREDENTIALS AND EXPAND PROGRAMS THAT ADDRESS THE UNMET HIRING NEEDS OF EMPLOYERS IN THE REGION. ADDITIONAL FUNDING IS REQUESTED TO CREAT THE AVIATION CENTER OF EXCELLENCE TO ESTABLISH WORKFORCE TRAINING PROGRAMS AT THE CRESTVIEW TECHNOLOGY AIR PARK IN OKALOOSA COUNTY.
GULF DISTRICT SCHOOLS
150 MIDDLE SCHOOL ROADPORT ST JOEFL32456596000626$53,454$0THE GRANT WILL PROVIDE FUNDING FOR SEVERAL DIFFERENT PROJECTS. ONE PROJECT WOULD ALLOW FOR WORKFORCE TRAINING AND WELDING INSTRUCTION FOR HIGH SCHOOL STUDENTS AT WEWAHITCHKA HIGH SCHOOL. THE UNMANNED SYSTEM PROJECT WOULD IMPLEMENT UNMANNED AIRCRAFT SYSTEMS PROGRAMS AT BOTH AREA HIGH SCHOOLS TO PREPARE STUDENTS FOR EMPLOYMENT AND ADVANCED EDUCATIONAL TRAINING IN AN EMERGING INDUSTRY. THE WELDING PROJECT AT WEWAHITCHKA HIGH SCHOOL WOULD PROVIDE INDUSTRY CERTIFICATION FOR STUDENTS IN THE AREA OF WELDING.
FSU MARINE LAB
3012 WESTCOTT NORTH ANNEX 222 STALLAHASSEEFL323061330591961248$440,335$0THE GRANT WILL PROVIDE FUNDING FOR THE APALACHICOLA BAY SYSTEM INITIATIVE (ABSI) AND ITS EFFORTS TO OBTAIN SOLUTIONS TO THE ECOSYSTEM DECLINE AND TO DEVELOP THE STRATEGIC AND IMPLEMENTATION PLANS NEEDED FOR MOVING TOWARDS RECOVERY. THE ABSI IS A MULTIDISCIPLINARY EFFORT DESIGNED TO GAIN AN UNDERSTANDING OF THE CURRENT DISTRIBUTION AND PRODUCTIVITY OF OYSTER POPULATIONS THROUGHOUT FRANKLIN COUNTY, THE FORCES ACTING ON ECOSYSTEM HEALTH, AND THE BEST PRACTICES FOR RESTORATION AND RECOVERY THAT WILL IMPROVE OPPORTUNITIES FOR WILD HARVEST AND AQUACULTURE OF OYSTERS AND OTHER ECONOMICALLY IMPORTANT SPECIES.COPELAND ST
FRANKLIN COUNTY SCHOOL BOARD
85 SCHOOL RDEASTPOINTFL32328596000611$559,195$0THE GRANT WILL FUND THE FIRST AND SECOND PHASES OF FCSB'S ENIRONMENTAL, CAREER AND TECHNICAL TRAINING PROGRAM, ALLOWING FCSB TO OFFER 4 DIGITAL TOOL CERTIFICATIONS TO ITS 4TH AND 5TH GRADE STUDENTS. THIS OPPORTUNITY WILL AFFORD THE STUDENTS EVERY OPPORTUNITY FOR SUCCESS IN THEIR PATHWAY IN SECONDARY SCHOOL. THE GRANT WILL ALSO FUND THE FRANKLIN ENVIRONMENTAL, CAREER AND TECHNICAL TRAINING CENTER, WHICH WILL ENCOURAGE STUDENTS TO REMAIN IN SCHOOL TO GRADUATE.
PENSACOLA STATE COLLEGE
1000 COLLEGE BLVDPENSACOLAFL32504591207555$9,203,752$0THIS GRANT WILL ASSIST IN HELPING MEET THE UNMET JOB DEMANDS OF LOCAL AND REGIONAL EMPLOYERS BY INCREASING THE CAPACITY OF PENSACOLA STATE COLLEGE'S COMMERCIAL VHEICLE DRIVING PROGRAM THROUGH SCHOLARSHIPS AND THE USE OF SIMULATION. THE TRUCK DRIVING PROGRAM WAS STARTED IN DECEMBER 2019 AND ENABLES STUDENTS TO ACHIEVE ECONOMIC SELF-SUFFICIENY AS WELL AS HELP THE LOCAL BUSINESS THAT ARE SEEKING TO HIRE QUALIFIED AND CREDENTIALED TRUCK DRIVERS.
SANTA ROSA COUNTY BOARD OF COUNTY COMMISSIONERS
6491 CAROLINE STREET SUITE 4MILTONFL32570596000842$9,843,433$0THE GRANT WOULD PROVIDE FUNDING FOR PROPOSED INFRASTRUCTURE CONSTRUCTION TO THE I-10 INDUSTRIAL PARK THAT WILL HOUSE A PHARMACEUTICAL AND MEDICAL DEVICE DISTRIBUTION COMPANY.
IHMC CENTER
40 S ALCANIZ STPENSACOLAFL32502200760849$6,834,087$0IMHC PROPOSES TO ESTABLISH A CENTER OF EXCELLENCE FOCUSED ON EXPANDING WORK INTO THE CUTTING-EDGE FIELD OF HUMAN HEALTHSPAN, RESILIENCE AND PERFORMANCE. THE GRANT WILL ASSIST IN OPERATIONS, PURCHASING NEW EQUIPMENT, AND IN TURN, ATTRACT MORE RENOWNED SCIENTISTS AND RESEARCHERS.
CITY OF PANAMA CITY
221 MCKENZIE AVEPANAMA CITYFL32401596000404$1,996,296$0THIS GRANT WILL ASSIST IN INCREASING EMPLOYMENT OPPORTUNITIES THROUGH A PUBLIC/PRIVATE PARTNERSHIP BETWEEN PANAMA CITY AND EASTERN SHIPBUILDING GROUP, PROVIDING EMPLOYMENT FOR THE MANUFACTURING, LAUNCHING AND OUTFITTING OF TEN TO TWENTY-FIVE UNITED STATES COAST GUARD OFFSHORE PATROL CUTTERS AT ITS SHIPYARDS IN PANAMA CITY.
BAY ECONOMIC DEVELOPMENT ALLIANCE
5230 W HIGHWAY 98PANAMA CITYFL32401596000512$5,070,887$0THIS GRANT WILL BE USED TO ASSIST THE BAY COUNTY COMMISSION IN PURCHASING ONE OF THE ~60,000 SQFT BUILDINGS WHICH THE COUNTY WILL THEN LEASE THE FACILITY TO THE COMPANY AT AN AGREED UPON MARKET LEASE RATE. BY THE END OF THE LEASE, THE COMPANY WILL HAVE THE OPTION TO PURCHASE THE BUILDING OR EXTEND THE LEASE. THIS PROJECT WILL GENERATE 105 NEW MANUFACTURING AND SUPPORT JOBS.
WALTON COUNTY SHERIFF'S OFFICE
752 TRIPLE G ROADDEFUNIAK SPRINGSFL32433596000897$1,155,488$0THIS GRANT WILL PROVIDE FUNDING TO EXPAND ON A CURRENT PROGRAM TO PROVIDE THE TECHNICAL EDUCATION AND CERTIFICATION FOR A CLASS B COMMERCIAL DRIVERS LICENSE (CDL) TO INMATES POST INCARCERATION.
FLORIDA'S GREAT NORTHWEST
PO BOX 370NICEVILLEFL32588593685250$96,000$0THIS GRANT WILL ASSIST IN THE CREATION IN JOBS FOR THE EIGHT COUNTIES ALONG THE GULF COAST, BY FUNDING LABOR MARKET DEMAND RESEARCH. THIS WOULD CREATE A BETTER UNDERSTANDING OF EDUCATIONAL AND TRAINING PROGRAMS THAT WOULD HELP ARTICULATE THE SKILLS OF OUR WORKFORCE NOW AND OUR PROJECTED TALENT PIPELINE. THIS PROGRAM PROVIDES A MORE ACCURATE RESPONSE AND DETAILED PROPOSAL INFORMATION TO COMPANIES CONSIDERING NORTHWEST FLORIDA AS A POTENTIAL BUSINESS LOCATION.
OKALOOSA COUNTY BOARD OF COUNTY COMMISSIONERS
1250 NORTH EGLIN PARKWAY SUITE 102SHALIMARFL32579596000765$6,058,390$0THIS GRANT WILL PROVIDE FUNDING TO ADDRESS DRASTIC TRAFFIC ISSUES AND CONCERNS BY CREATING A BYPASS AROUND CRESTVIEW TO DIVERT TRAFFIC FROM STATE ROAD (SR) 85 TO AREAS IN AND AROUND CRESTVIEW TO THE WEST.
AMIKIDS PANAMA CITY MARINE INSTITUTE
200 E BEACH DRPANAMA CITYFL32401591546202$355,120$0THIS GRANT WILL PROVIDE ASSISTANCE WITH CONTINUATION AND SUSTAINABILITY OF CAREER & TECHNICAL PROGRAMMING WITH INDUSTRY RECOGNIZED CERTIFICATIONS UNDER THE NEW CHARTER MODEL UNTIL THE STUDENT POPULATION REACHES THE FULL PROPOSED 150 SLOTS AND IS FINANCIALLY SELF-SUPPORTING.
EMERALD COAST TECHNICAL COLLEGE
145 PARK STREET SUITDEFUNIAK SPRINGSFL32435596000893$144,000$0THIS GRANT WOULD PROVIDE FUNDING TO STUDENTS WITH CAREER EDUCATION AND TRAINING IN THE SKILLED LABOR CATEGORY, PROVIDING THEM WITH CAPE CERTIFICATION TRAINING, WHICH IN TURN WILL MOVE WORKERS' WAGES TOWARDS THE NATIONAL AVERAGE.
OKALOOSA COUNTY SCHOOL DISTRICT
202A HWY 85NNICEVILLEFL32578596000764$967,785$0THIS GRANT WILL ASSIST WITH THE EDUCATION OF K-12 IN THE FIELD OF ARTIFICIAL INTELLIGENCE, BY DEVELOPING A TRANSFORMATIONAL PROGRAM THAT PRODUCES STUDENTS WITH INDUSTRY-RECOGNIZED CREDENTIALS IN AI AND RELATED FIELDS THAT WILL PROVIDE THEM WITH MORE ACCESS TO CAREERS THAT ARE EVOLVING FASTER THAN EVER BEFORE.

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION USES A SMARTSHEET PLATFORM FOR GRANTEES TO PROVIDE SUPPORTING DOCUMENTATION BEFORE, DURING, AND AFTER RECEIVING AN AWARD. BEFORE AWARD ISSUANCE, MONITORING OFTEN INCLUDES THE USE OF INVOICE COPIES, QUOTES, OR CONTRACTS. AFTER AN AWARD IS MADE, SUPPORT MONITORING INCLUDES THE USE OF CANCELLED CHECKS, QUALIFIED REVIEW OF PURCHASES/CONSTRUCTION, AND FINANCIAL STATEMENT/AUDIT SUBMISSIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATRIUMPH GULF COAST, INC. IS GOVERNED BY A SEVEN MEMBER BOARD OF DIRECTORS CONSISTING OF ONE MEMBER APPOINTED BY EACH OF THE TRUSTEES OF THE FLORIDA STATE BOARD OF ADMINISTRATION, THE PRESIDENT OF THE FLORIDA SENATE, AND THE SPEAKER OF THE FLORIDA HOUSE OF REPRESENTATIVES. THE PRESIDENT OF THE SENATE AND THE SPEAKER OF THE HOUSE OF REPRESENTATIVES SHALL ALSO APPOINT ONE MEMBER EACH FROM RESIDENTS OF ONE OF THE FOUR LEAST POPULOUS DISPROPORTIONATELY AFFECTED COUNTIES, BUT NOT THE SAME COUNTY. EACH OF THE SEVEN APPOINTEES SHALL BE FROM THE PRIVATE SECTOR. VACANCIES ON THE BOARD SHALL BE FILLED BY THE OFFICER WHO ORIGINALLY APPOINTED THE MEMBER.
FORM 990, PART VI, SECTION A, LINE 7BTHE GOVERNANCE DECISION TO REMOVE A MEMBER OF THE BOARD OF DIRECTORS SHALL BE MADE BY THE OFFICER OF THE STATE OF FLORIDA THAT APPOINTED THE MEMBER TO THE BOARD.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS ARE PROHIBITED FROM PARTICIPATING IN ANY MATTER WHICH WOULD INURE TO THE BOARD MEMBER'S SPECIAL PRIVATE GAIN OR LOSS OR THE SPECIAL PRIVATE GAIN OR LOSS OF HIS OR HER RELATIVE, BUSINESS ASSOCIATE, OR PRINCIPAL. IF THE BOARD MEMBER'S PARTICIPATION IN ANY MATTER WOULD GIVE RISE TO A CONFLICT OF INTEREST, THE MEMBER MUST DISCLOSE TO THE BOARD IN WRITING THE NATURE OF THE CONFLICT OF INTEREST. BOARD MEMBERS MUST ALSO FILE ALL MANDATORY FINANCIAL DISCLOSURES IN COMPLIANCE WITH SECTION 112.3145, FLORIDA STATUTES. EACH DIRECTOR, OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THE PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. PERIODIC REVIEWS WILL ALSO BE CONDUCTED TO ENSURE TRIUMPH OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND RESULT IN PRIVATE INUREMENT TO ANY BOARD MEMBER OR EMPLOYEE.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE BOARD. THE BOARD OF DIRECTORS WILL APPOINT AN EVALUATION COMMITTEE CONSISTING OF THREE PERSONS, AT LEAST TWO OF WHOM WILL BE DIRECTORS WHICH HAVE SERVED AT LEAST ONE YEAR WITH THE EXECUTIVE DIRECTOR, TO EVALUATE THE EXECUTIVE DIRECTOR'S PERFORMANCE AND MAKE RECOMMENDATIONS FOR SALARY INCREASES TO THE BOARD. THERE WERE NO OTHER EMPLOYEES OF THE ORGANIZATION IN 2022.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2CTHE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1STATE OF FLORIDABusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 S MONROE STAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32399ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesSTATE GOVERNMENTPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1STATE OF FLORIDABusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeRTransactionTypeTxt
Involved$15,886,768InvolvedAmt
Method Of Amount DeterminationINTEREST INCOME TRANSFERMethodOfAmountDeterminationTxt

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