2026-04-14T14:42:23-05:00 2025-05-31 332621854 CRI CAPIN CROUSE ADVISORS LLC 345 MASSACHUSETTS AVE STE 300 INDIANAPOLIS IN 46204 990 2024-06-01 590737882 FLORIDA COLLEGE INC FLOR 8139885131 119 N GLEN ARVEN AVE TEMPLE TERRACE FL 33617 DORSITY M COLE INTERIM VP OF FINANCE 8139885131 2026-04-14 1 0 ASHLEY PEABODY P01385870 5055022746 2026-04-11 2024 2025-03-06 01:10:19Z JOHN WEAVER 119 N GLEN ARVEN AVE TEMPLE TERRACE FL 33617 33860455 0 X WWW.FLORIDACOLLEGE.EDU X 1946 FL A FULLY ACCREDITED FOUR YEAR LIBERAL ARTS COLLEGE AND ACADEMY FOR GRADES K-9. 17 17 438 18 106427 0 7443675 8114819 19230083 22392831 3050937 1246889 152573 258207 29877268 32012746 4692710 4679302 0 0 11332898 13529695 0 0 924468 11549817 12129574 27575425 30338571 2301843 1674175 76921499 80035713 7880880 7607331 69040619 72428382 X FLORIDA COLLEGE, AS A PRIVATE, INDEPENDENT LIBERAL ARTS COLLEGE, PROVIDES A COMPREHENSIVE UNDERGRADUATE EXPERIENCE DESIGNED TO DEVELOP STUDENTS SPIRITUALLY, MENTALLY, PHYSICALLY, AND SOCIALLY; TO INTEGRATE INTO THE STUDENTS' LIVES THE BIBLE AS THE REVEALED WILL OF GOD; AND TO PREPARE STUDENTS FOR LIVES OF SERVICE TO THEIR CREATOR AND HUMANITY. 0 0 23969844 4679302 22481274 OPERATION AND MAINTENANCE OF A FULLY ACCREDITED FOUR YEAR LIBERAL ARTS COLLEGE AND ACADEMY FOR GRADES K-12. 23969844 1 1 0 0 0 0 1 1 0 1 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 884 0 1 438 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X DORSITY M COLE 8139885131 119 N GLEN ARVEN AVE TEMPLE TERRACE FL 33617 S CRAIG HODGES CHAIRMAN 1.00 X X 0 0 0 JOSEPH P HAMMONTREE VICE CHAIRMAN 1.00 X X 0 0 0 JIM SMITHERMAN TREASURER 1.00 X X 0 0 0 DAVID C ROBERTS SECRETARY 1.00 X X 0 0 0 TODD COX ASST. TREASURER 1.00 X X 0 0 0 C DANIEL KINGLSEY ASST. SECRETARY 1.00 X X 0 0 0 KEVIN E HYDE LEGAL LIAISON 1.00 X X 0 0 0 OLEN E BRITNELL DIRECTOR 1.00 X 0 0 0 J BRADLEY CAVENDER DIRECTOR 1.00 X 0 0 0 ANNETTE COX DIRECTOR 1.00 X 0 0 0 A WALLACE HAYES DIRECTOR 1.00 X 0 0 0 CHARLES F NOWLIN SR DIRECTOR 1.00 X 0 0 0 ROBERT L TAYLOR DIRECTOR 1.00 X 0 0 0 TIM A SLONE DIRECTOR 1.00 X 0 0 0 PAM STEWART DIRECTOR 1.00 X 0 0 0 BRENT ROMINE DIRECTOR 1.00 X 0 0 0 MORGAN E THARP DIRECTOR 1.00 X 0 0 0 OLIVER D GILLIAM DIRECTOR (PART YEAR) 1.00 X 0 0 0 JOHN WEAVER PRESIDENT 40.00 X 163839 0 38941 JAMES LEWIS VP OF FINANCE (PART YEAR) 40.00 X 118906 0 36694 RUSTY COPELAND PRINCIPAL 40.00 X 95275 0 2434 DORSITY M COLE INTERIM VP OF FINANCE (PART YEAR)/CONTROLLER 40.00 X 64279 0 27577 SCOTT GROGAN VP OF FINANCE 40.00 X 0 0 0 442299 0 105646 2 0 1 0 MMI DINING SYSTEMS LLC 1000 RED FERN PLACE FLOWOOD MS 39232 FOOD SERVICES 1770789 GRACE CONSTRUCTION GROUP INC 13014 N DALE MABRY SUITE 137 TAMPA FL 33618 RENOVATION CONTRACTOR 622940 DAVID NELSON CONSTRUCTION CO 3483 ALTERNATE 19 PALM HARBOR FL 34683 RENOVATION CONTRACTOR 434507 INTERNATIONAL SERVICES G & FAMILY LLC 9096 IRON OAK AVE TAMPA FL 33647 CLEANING & JANITORIAL 402620 JENZABAR PO BOX 845588 BOSTON MA 022845588 SYSTEM IMPLEMENTATION 341445 8 256251 32745 7825823 171536 8114819 TUITION & FEES 611310 17104447 17104447 RESIDENCE HALL RENTALS 611310 3238077 3238077 FOOD SERVICE 611310 2050307 2050307 22392831 1245704 1245704 30585 600 29985 29985 29985 1118291 1117106 1185 1185 1185 16000 256251 318290 -302290 -302290 606583 411713 194870 88443 106427 335642 335642 335642 32012746 22481274 106427 1310226 4679302 4679302 510689 359758 122942 27989 10387203 7317329 2500596 569278 271627 191349 65391 14887 1642478 1157054 395407 90017 717698 505587 172777 39334 14542 14542 378824 328419 50405 102514 102514 2096612 2096612 46784 46784 151852 32118 110250 9484 653309 69533 583776 728174 728174 632489 350630 227821 54038 560950 478693 58662 23595 320527 320527 2467218 2121539 318193 27486 541537 498379 43158 MAINTENANCE/SECURITY 1677748 1509003 168745 INSTRUCTIONAL SUPPLIES 882544 882544 EQUIPMENT RENTAL/MAINTE 317330 166738 150592 PERIODICAL/SUBSCRIPTION 147063 146569 175 319 409557 311622 80299 17636 30338571 23969844 5444259 924468 5681061 2246780 2181368 8226021 5664082 400826 507845 60036 242957 306548 685415 710886 53936838 20549642 32103779 33387196 29083061 33722763 779830 438343 528415 76921499 80035713 1406674 1375428 419624 455634 151597 5467495 5231548 435490 544721 7880880 7607331 X 22899320 25207343 46141299 47221039 69040619 72428382 76921499 80035713 1674175 1713588 0 X 0 1 X 1 1 1 X 4645200 8178011 15650808 7443675 8114819 44032513 4645200 8178011 15650808 7443675 8114819 44032513 4054276 39978237 250745 429884 320288 1141680 1276289 3418886 1896444 1629954 46350 124254 335642 4032644 51484043 91033904 0.77650 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 1,896,444. 2021 AMOUNT: $ 1,629,954. 2022 AMOUNT: $ 46,350. 2023 AMOUNT: $ 124,254. 2024 AMOUNT: $ 335,642. SCHEDULE A, PART II: THE ORGANIZATION IS A SCHOOL AS DESCRIBED UNDER 170(B)(1)(A)(II) AND IS NOT REQUIRED TO COMPLETE A PUBLIC SUPPORT SCHEDULE. SCHEDULE A, PART II IS COMPLETED TO VERIFY THE SCHOOL CAN QUALIFY UNDER PUBLIC CHARITY STATUS SECTION 170(B)(1)(A)(VI) AND, THEREFORE, QUALIFIES TO USE THE FIRST LISTED SPECIAL RULE FOR SCHEDULE B REPORTING. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 30.00 0 0 1 1 6.00 0 0 150000 X X X 0 0 0 38408920 1939166 2773222 2915575 102514 40103219 30067031 891206 10533308 523076 2511520 48029 38408920 29236284 2599561 -302873 443155 981188 41598 30067031 32049979 662928 -934160 486537 1996927 58999 29236284 26406205 332504 6212470 391466 490963 18771 32049979 0.00000 1.00000 0.00000 0 0 171696 171696 47764175 18212957 29551218 4003452 1295726 2707726 1997515 1040959 956556 33387196 FINANCE LEASE RIGHT-OF-USE OBLIGATIONS 544721 544721 29675121 1713588 730603 2444191 27230930 102514 4679302 4781816 32012746 26287358 730603 730603 25556755 102514 4679302 4781816 30338571 PART II, LINE 5: THE ORGANIZATION TAKES AND REPORTS MONTHLY SOUTHWEST FLORIDA WATER MANAGEMENT DISTRICT (SWFTMD) METER READINGS ON THE EASEMENT. PART II, LINE 9: THE COLLEGE DOES NOT REPORT CONSERVATION EASEMENTS ON ITS BALANCE SHEET, AND SINCE THE CONSERVATION EASEMENT DOES NOT CURRENTLY GENERATE REVENUE OR EXPENSES, THE UNIVERSITY DOES NOT REPORT SUCH ITEMS ON ITS CONSOLIDATED STATEMENT OF ACTIVITIES. PART III, LINE 4: THE ORGANIZATION'S COLLECTION CONSISTS OF HISTORICAL BOOKS AND LITERATURE IN THE LIBRARY THAT IS AVAILABLE FOR PUBLIC EXHIBITION AND AIDS BIBLICAL AND SCHOLARLY RESEARCH. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR OPERATING ACTIVITES AND SCHOLARSHIPS. SCHEDULE D, PART V, LINE 1C: A PRIOR PERIOD ADJUSTMENT WAS MADE TO NET INVESTMENT EARNINGS, GAINS, AND LOSSES IN LINE 1C, COLUMN B TO CORRECT ENDOWMENT REPORTING. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE ORGANIZATION CURRENTLY ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS CONSISTENT WITH THE PUBLICITY EXCEPTION FOUND IN REV. PROC. 75-50 SECTION 4.03(2)(B). SCHEDULE E, PART I, LINE 6 STUDENT FINANCIAL AID SUCH AS FEDERAL DIRECT LOANS, PELL GRANTS, SUPPLEMENTAL EDUCATION OPPORTUNITY, FEDERAL WORK STUDY, PLUS LOANS AND VARIOUS FLORIDA STATE SCHOLARSHIPS IMPACT GALA 272251 256251 16000 38500 105757 113732 28740 31561 272251 256251 16000 38500 105757 113732 28740 31561 318290 -302290 1 STUDENT SCHOLARSHIPS 595 4679302 PART I, LINE 2: SCHOLARSHIPS ARE AWARDED TO STUDENTS BASED ON NEED, ACADEMIC PERFORMANCE, AND/OR ENROLLMENT STATUS. SATISFACTORY ACADEMIC PROGRESS (SAP) IS THE MEANS USED TO MONITOR THE SCHOLARSHIPS AWARDED. SAP MEASURES BOTH QUALITATIVE AND QUANTITATIVE PROGRESS. THE AWARDS ARE USED FOR TUITION, ROOM, AND BOARD. X X X 0 0 0 0 0 0 0 0 0 JOHN WEAVER PRESIDENT 163515 0 0 0 324 0 6122 0 32819 0 202780 0 0 0 JAMES LEWIS VP OF FINANCE (PART YEAR) 118813 0 0 0 93 0 4544 0 32150 0 155600 0 0 0 X 1195 COST X 676 COST X 699 149989 FMV X SYSTEM LICENSE - KINESIOLOGY 1 19385 COST X MEALS 1 291 COST 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS REPRESENT THE NUMBER OF CONTRIBUTIONS RECEIVED, NOT THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT TAX PREPARER AND REVIEWED IN DETAIL BY THE ORGANIZATION'S TOP MANAGEMENT. THE REVIEWED FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C SECTION 2.2 OF THE POLICY REQUIRES EACH DIRECTOR AND PRINCIPAL OFFICER TO COMPLETE AND SIGN ANNUALLY A CONFLICT OF INTEREST QUESTIONNAIRE AND SUBMIT THAT TO THE CHAIRMAN OF THE BOARD. IN ADDITION, EACH DIRECTOR OR PRINCIPAL OFFICER SHALL DISCLOSE TO THE BOARD OF DIRECTORS ANY CONFLICT OF INTEREST AT ANY TIME SUCH INTEREST BECOMES A MATTER OF BOARD ACTION. SHOULD ANY POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED, THE BOARD MEMBER OR OFFICER WOULD BE ASKED TO REFRAIN FROM PARTICIPATION IN ANY DELIBERATION OR DECISION WITH REGARD TO MATTERS AFFECTED BY THE RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: THE PRESIDENT'S COMPENSATION IS DETERMINED AND APPROVED BY THE CFO AND INDEPENDENT BOARD OF DIRECTORS USING COMPENSATION SURVEYS AND COMPARISON TO FORM 990'S OF SIMILAR ORGANIZATIONS. THE DETERMINATION AND APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES. LINE 15B: THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED AND APPROVED BY THE INDEPENDENT BOARD OF DIRECTORS USING COMPENSATION SURVEYS AND COMPARISON TO FORM 990'S OF SIMILAR ORGANIZATIONS. THE DETERMINATION AND APPROVAL PROCESS IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.