Emerald Coast Foundation INC EIN 55-0796930

Emerald Coast Foundation INC

EIN  55-0796930 Public foundation / grantmaker Ft Walton Bch, FL
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Raises funds for youth charities through sponsorships and coordinated activities.
Leadership
Donna Tashik · President
Money in and out
$0 revenue, $0 expenses

Raises funds for youth charities through sponsorships and coordinated activities. For fiscal year 2024 it reported $0 in revenue, $0 in expenses, and $28K in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$28K
Pt X · Ln 32

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$0
FY2024▼ -100%
Expenses
$0
FY2024▼ -100%
Total assets
$28K
FY20240%
Total liabilities
$0
FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$0
Pt IX · Ln 25
Net assets
$28K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$0
Total assetsPt X · Ln 16$28K
Program-expense ratioPt IX · col B
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2024.
01

The emerald coast foundation organized and performed community fundraising events, including the poker run. The funds raised at these events were distributed to the 501(c)(3) organizations.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CEmerald Coast Foundation INC
EINHdr · item D55-0796930
Principal addressHdr · item CFt Walton Bch, FL
WebsiteHdr · item Jwww.emeraldcoastpokerrun.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFJun 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Marketing Chair
$0Pt VII · Sec A
Charities Chair
$0Pt VII · Sec A
Safety Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Nicole Nabors’s $900 as Treasurer is at the 2nd percentile of top reported officer pay among 129 <$100K 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 · 1 named individual · Part VII

NameFY2021FY2020
Nicole Nabors$900$1,200

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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Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$28K
Total liabilitiesLn 26$0
Total net assetsLn 32$28K

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $0
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $0 · Total expenses $0
Management & General
Management & general $0 · Total expenses $0
Fundraising
Fundraising $0 · Total expenses $0
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $37K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $0
Government reliance
Government grants — · Total revenue $0
Earned-income share
Program service revenue $0 · Total revenue $0
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
Program service revenue $0 · Total expenses $0
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $119K
-100%
Net-asset trend (YoY)
End of year $28K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $0
Liabilities-to-Assets
Total liabilities — · Total assets $28K
Net-asset ratio
Net assets $28K · Total assets $28K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $28K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Donna Tashik · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $0
Total expenses not reported — showing dollar figure only
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $0
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -100%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 18 grants · $445K · 2020–2023

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$119K revenue · ⤓ 990 PDF
FY2022$121K revenue · ⤓ 990 PDF
FY2021$155K revenue · ⤓ 990 PDF
FY2020$81K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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