Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2015.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
93 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
11 people listed on the 990; $232K paid to officers and key staff.
Sadaf Knight’s $121K as Chief Executive Officer is at the 34th percentile of top reported officer pay among 731 $1–10M public & societal benefit 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 · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sadaf Knight | $121,375 | $105,263 | $103,214 | $100,248 | $95,780 |
| Holly Bullard | $110,283 | $95,016 | $92,867 | $83,235 | $78,221 |
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.
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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
Advocates for state policies boosting Florida's economic mobility and quality of life.
Questions for Florida Policy Institute INC
Your first name shows with your question. Florida Policy Institute INC answers here, for everyone.
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Fpi's Activities in 2024 Consisted of the Following
Conducting high quality, credible research; analyzing public policy and developing policy recommendations; educating policymakers, the public, and the media; building strategic partnerships with organizations and coalitions; and advocating for smart public policies.
The florida policy summit brought together 188 partners from across the state, including leading policy experts, grassroots organizers, community advocates, foundations, educators, students and community members, to celebrate their collective impact and envision an equitable future for florida.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $2.4M | $1.3M |
| InvestmentsLn 11–13 | $98K | $1.0M |
| Land, buildings, equipmentLn 10c | $33K | $18K |
| Total assetsLn 16 | $3.1M | $3.1M |
| LiabilitiesLn 26 | $134K | $154K |
| Net assetsLn 32 | $2.9M | $3.0M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $225K | $225K | ||
| Pay of current officers, directors and key staffLn 5 | $313K | $291K | $12K | $9K |
| Other salaries and wagesLn 7 | $790K | $745K | $27K | $18K |
| Other employee benefitsLn 9 | $86K | $84K | $1K | $515 |
| Payroll taxesLn 10 | $78K | $74K | $3K | $2K |
| Legal feesLn 11b | $2K | $2K | ||
| Accounting feesLn 11c | $34K | $34K | ||
| Lobbying feesLn 11d | $60K | $60K | ||
| Other fees for servicesLn 11g | $67K | $52K | $15K | $5 |
| Advertising and promotionLn 12 | $21K | $20K | $527 | $623 |
| Office expensesLn 13 | $6K | $6K | $192 | $147 |
| Information technologyLn 14 | $30K | $28K | $767 | $905 |
| OccupancyLn 16 | $12K | $11K | $406 | $271 |
| TravelLn 17 | $41K | $37K | $2K | $2K |
| Conferences, conventions and meetingsLn 19 | $7K | $6K | $386 | $319 |
| Depreciation, depletion and amortizationLn 22 | $20K | $19K | $508 | $600 |
| InsuranceLn 23 | $7K | $7K | $257 | $171 |
| Other expenses (24a–d)Ln 24 | $108K | $108K | $132 | $157 |
| All other expensesLn 24e | $2K | $2K | $44 | $47 |
| Total functional expensesLn 25 | $1.9M | $1.8M | $100K | $34K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $2.0M | $1.9M | $50K | $3.0M | 990 PDF |
| FY2023 | $1.7M | $1.6M | $131K | $2.9M | 990 PDF |
| FY2022 | $2.0M | $1.4M | $688K | $2.8M | 990 PDF |
| FY2021 | $1.5M | $1.1M | $419K | $2.1M | 990 PDF |
| FY2020 | $1.5M | $838K | $681K | $1.7M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $1,959,473 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $1,959,473 across 5 lines filed
Part IX · Statement of functional expenses $1,909,526 across 19 lines filed
Part X · Balance sheet $3,134,191 assets, 14 lines filed
Part XI · Reconciliation of net assets $2,979,706 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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