Recreation & Sports
(N32I)
IRS Verified
DX Registered
990 on File
FLORIDA STATE PARKS FOUNDATION INC
Financial strength (30%)
93/100
Reliability (20%)
55/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Founded in 1993, The Friends of Florida State Parks, a 501(c)(3) non-profit corporation, became the Florida State Parks Foundation in 2018. Our mission is to support the entire Florida State Park System of 175 parks and trails through programs and projects that preserve and protect state parks, educate visitors and decision-makers about their value, encourage community engagement and active use of state parks, and collaborate with others to provide financial support to supplement state funding.
Financial Overview — FY 2024
$3.2M
Total Revenue
$2.3M
Total Expenses
$23.0M
Net Assets
6
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
74.3%
Fundraising Efficiency
N/A
Operating Reserve
120.56x
Liability-to-Asset
1.2%
Revenue Diversification
69.3%
Executive Compensation
$225K
Compared with Peers
FY 2024
Compared with 1,615 similar organizations
(United States, Recreation & Sports, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.3% | 87.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.5% | 9.7% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
13.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
120.6 mo | 8.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.2% | 11.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.3% | 89.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
80.1% | 9.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
39.0% | 9.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.7% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $3.2M | $2.3M | $23.0M | 74.3% | 6 |
| 2023 | $1.8M | $1.6M | $21.1M | 68.1% | 5 |
| 2022 | $1.5M | $1.5M | $18.8M | 64.8% | 7 |
| 2021 | $2.6M | $1.4M | N/A | — | 3 |
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