Established in 1972, the Mount Dora Community Trust aims to enrich the quality of Mount Dora and northeast lake county by maximizing perpetual giving, promoting leadership in the Community, and pairing donors with the causes they are passionate about.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$632K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.3M a year · 51% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$632K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
11 mo
of spending, in cash
Plus $21.8M in investments, Pt X · Ln 11–13
Looks good: 11.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $1.1M
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.5M
+42% vs prior year
Spent
$3.3M
To programs
94%
Net assets
$25.3M
By yearFY2021–FY2025
Revenue
$5.5M
FY2024▲ +42%
Tap a bar for its year
Revenue by fiscal year
FY2021$4.1M
FY2022$4.2M
FY2023$3.9M
FY2024$5.5M
FY2025$4.9M
Expenses
$3.3M
FY2024▲ +40%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.2M
FY2022$1.9M
FY2023$2.3M
FY2024$3.3M
FY2025$2.3M
Net assets
$25.3M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2021$19.3M
FY2022$21.6M
FY2023$23.1M
FY2024$25.3M
FY2025$28.0M

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1975.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $3.1M Management & general 5% · $175K Fundraising 1% · $24K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990; $632K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$376,926Pt VII · Sec A
Executive Director
$106,731Pt VII · Sec A
Program Director
$79,250Pt VII · Sec A
Community Impact Coordinator
$47,936Pt VII · Sec A
Admin Assistant
$20,768Pt VII · Sec A
Distribution Committee
$0Pt VII · Sec A
Distribution Committee Vice C
$0Pt VII · Sec A
Distribution Committee Chairp
$0Pt VII · Sec A

First National Bank of Mt Dora’s $301K as Trustee is at the 96th percentile of top reported officer pay among 1690 $1–10M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
First National Bank of Mt Dora$301,264$376,926$332,976$328,231$259,355
Rob English$107,981$106,731$89,904$84,577—
Sarah Herrick$80,236$79,250$64,808——
Tabitha Moore$47,408$47,936$35,423——
Kim Deivernois$6,627$20,768———
Kim Delvernois——$17,909——
Teresa Lachut$14,976————
Emma Ferebee$3,934————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mount Dora Community Trust executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enriches community quality through perpetual giving, leadership, and donor-cause matching.

Questions for Mount Dora Community Trust

Tap to ask. Mount Dora Community Trust sees how many people are interested.

Your first name shows with your question. Mount Dora Community Trust answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $3.1M · in their own filed words · FY2023
01

Mount Dora Area Community Grants and Allocations

For benefit of organizations, governmental entities, and individuals selected by the distribution committee. This also includes expenses directly incurred by the mount dora community trust for public, educational, charitable, or benevolent needs of the mount dora area community.

$2.8Mprogram expense
02

Scholarships

109 mount dora area students were awarded scholarships during the year.

$287Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 123 grants · $3.4M · 2020–2024
Trout Lake Nature Center INCFL · FY2024$251,343
Unitemized GrantFY2024$187,888
Lake Care INCFL · FY2024$168,984
Hoffmeyer Animal Rescue INCFL · FY2024$65,258
City of Mount DoraFY2024$56,661
Forward Paths Foundation INCFL · FY2024$51,279
Special Hearts Farm INCFL · FY2024$30,240
Tavares Police DeptFY2024$29,845
Purple Heart Homes INCNC · FY2024$27,000
Find Feed & RestoreFL · FY2024$24,236
Villagers for Veterans INCFL · FY2024$23,832
Mount Dora High SchoolFY2024$23,381
Triangle Elementary SchoolFY2024$16,073
Bobby Rowe Ministries INCFL · FY2024$14,423
See all 123 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$5.5M
Ln 12
Gifts and grantsLn 1h$2.8M
Investment incomeLn 3$2.4M
Other incomeLn 4–11$295K
Money outPt IX
$3.3M
Ln 25
Programscol B$3.1M
Managementcol C$175K
Fundraisingcol D$24K
Owns and owesPt X
$25.3M
net assets · Ln 32
Cash and savingsLn 1–2$3.0M
Total assetsLn 16$25.3M
LiabilitiesLn 26$0
PeoplePt VI, VII
10
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.8M
Investment incomeLn 3$2.4M
Other incomeLn 4–11$295K
Gains on assetsLn 7$1.8M
Total revenueLn 12$5.5M
Assets in detailPt X, end of year
CashLn 1$13K
SavingsLn 2$3.0M
Cash and savings togetherLn 1–2$3.0M
InvestmentsLn 11–13$21.8M
Land, buildings, equipmentLn 10c$502K
Total assetsLn 16$25.3M
LiabilitiesLn 26$0
Net assetsLn 32$25.3M
OperationsPt I, VI
EmployeesI 56
VolunteersI 61
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$2.2M$3.0M
InvestmentsLn 11–13$20.3M$21.8M
Land, buildings, equipmentLn 10c$516K$502K
Total assetsLn 16$23.1M$25.3M
LiabilitiesLn 26$0$0
Net assetsLn 32$23.1M$25.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2.2M$2.2M
Grants to domestic individualsLn 2$287K$287K
Pay of current officers, directors and key staffLn 5$472K$354K$104K$14K
Other salaries and wagesLn 7$133K$100K$29K$4K
Payroll taxesLn 10$18K$13K$4K$532
Legal feesLn 11b$5K$3K$1K$138
Accounting feesLn 11c$3K$2K$670$91
OccupancyLn 16$123K$92K$27K$4K
Depreciation, depletion and amortizationLn 22$177$133$39$5
InsuranceLn 23$13K$9K$3K$377
Other expenses (24a–d)Ln 24$28K$21K$6K$836
Total functional expensesLn 25$3.3M$3.1M$175K$24K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $4.9M$2.3M$2.6M$28.0M 990 PDF
FY2024 Viewing $5.5M$3.3M$2.2M$25.3M 990 PDF
FY2023 $3.9M$2.3M$1.5M$23.1M 990 PDF
FY2022 $4.2M$1.9M$2.3M$21.6M 990 PDF
FY2021 $4.1M$1.2M$2.8M$19.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $5,513,740 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,525,575$2,782,616
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,247,008$2,436,411
I-11 Other revenuePrior year $110,332$294,713
I-12 Total revenuePrior year $3,882,915$5,513,740
I-13 Grants and similar amounts paidPrior year $1,547,976$2,474,357
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $581,642$623,075
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $212,238$170,934
I-18 Total expensesPrior year $2,341,856$3,268,366
I-19 Revenue less expensesPrior year $1,541,059$2,245,374
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,513,740 across 7 lines filed
VIII-1f All other contributions, gifts and grants$2,782,616
VIII-1h Total contributions, gifts and grants$2,782,616
VIII-3 Investment incomeExcluded from tax $613,544$613,544
VIII-6 Net rental income or lossExcluded from tax $25,442$25,442
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,822,867$1,822,867
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $269,271$269,271
VIII-12 Total revenueRelated to mission $269,271 · Unrelated business $0 · Excluded from tax $2,461,853$5,513,740
Part IX · Statement of functional expenses $3,268,366 across 11 lines filed
IX-1 Grants to domestic organizationsPrograms $2,187,651$2,187,651
IX-2 Grants to domestic individualsPrograms $286,706$286,706
IX-5 Pay of current officers, directors and key staffPrograms $354,306 · Management $103,930 · Fundraising $14,172$472,408
IX-7 Other salaries and wagesPrograms $99,691 · Management $29,243 · Fundraising $3,988$132,922
IX-10 Payroll taxesPrograms $13,309 · Management $3,904 · Fundraising $532$17,745
IX-11b Legal feesPrograms $3,442 · Management $1,010 · Fundraising $138$4,590
IX-11c Accounting feesPrograms $2,284 · Management $670 · Fundraising $91$3,045
IX-16 OccupancyPrograms $91,994 · Management $26,985 · Fundraising $3,680$122,659
IX-22 Depreciation, depletion and amortizationPrograms $133 · Management $39 · Fundraising $5$177
IX-23 InsurancePrograms $9,435 · Management $2,768 · Fundraising $377$12,580
IX-24 Other expenses (24a–d)Programs $20,912 · Management $6,135 · Fundraising $836$27,883
IX-25 Total functional expensesPrograms $3,069,863 · Management $174,684 · Fundraising $23,819$3,268,366
Part X · Balance sheet $25,339,281 assets, 10 lines filed
Asset lines not itemized here account for $25,287; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $302$12,768
X-2 Savings and temporary cash investmentsStart of year $2,226,269$3,000,667
X-10c Land, buildings and equipment, netStart of year $515,775$501,665
X-11 Publicly traded securitiesStart of year $20,318,588$21,798,894
X-16 Total assetsStart of year $23,093,907$25,339,281
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $6,581,860$6,357,332
X-28 Net assets with donor restrictionsStart of year $16,512,047$18,981,949
X-32 Total net assets or fund balancesStart of year $23,093,907$25,339,281
X-33 Total liabilities and net assetsStart of year $23,093,907$25,339,281
Part XI · Reconciliation of net assets $25,339,281 net assets at year end
XI-1 Total revenue$5,513,740
XI-2 Total expenses$3,268,366
XI-3 Revenue less expenses$2,245,374
XI-4 Net assets at start of year$23,093,907
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$25,339,281

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.