Florida Tomato Exchange FY2020 filing

Not tax-deductible

Maitland, FL501(c)(6)Since 1974EIN 59-1564849Revenue $680K in FY2020

On file with the IRSfloridatomatoes.org800 Trafalgar CT Ste 300, 32751-7135 · Maitland, FLTax-exempt since Jul 1975

Tell your story. Claim this org

The Florida Tomato Exchange was formed in 1974 under the provisions of chapter 619, Florida statutes. Its members are first handlers of tomatoes in central and south Florida. The Exchange was established to complement the activities of the Florida Tomato committee by managing government relations and legal matters on behalf of the industry. The Exchange also orchestrates many of the industry's food safety related initiatives.

95¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
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
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
4 of 6
filings with a surplus
Average deficit $73K a year · 7% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
10 mo
of spending, in cash
Looks good: 10.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$30
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 9 voting members
Concern: none of 9 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$680K
Spent
$916K
To programs
95%
Net assets
$806K
By yearFY2020–FY2025
Revenue
$680K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$680K
FY2021$1.0M
FY2022$1.1M
FY2023$1.3M
FY2024$1.1M
FY2025$1.0M
Expenses
$916K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$916K
FY2021$795K
FY2022$1.0M
FY2023$1.1M
FY2024$892K
FY2025$1.9M
Net assets
$806K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$806K
FY2021$1.0M
FY2022$1.1M
FY2023$1.3M
FY2024$1.5M
FY2025$603K

From the FY2020 Form 990 (year ending July 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 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 Jul 1975.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $867K Management & general 5% · $49K

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

Something off? Claim to fix it

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Alternate Di
$0Pt VII · Sec A
$0Pt VII · Sec A
Alternate Di
$0Pt VII · Sec A
Alternate Di
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Associate Me
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Florida Tomato Exchange executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for the Florida tomato industry by lobbying and hiring legal counsel.

Questions for Florida Tomato Exchange

Tap to ask. Florida Tomato Exchange sees how many people are interested.

Your first name shows with your question. Florida Tomato Exchange answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2019
01

Conduct regular board meetings to establish annual assessments and programs to assist the continuation and development of the florida tomato industry.

Pt IX · col B

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$680K
Ln 12
Gifts and grantsLn 1h$673K
Investment incomeLn 3$7K
Money outPt IX
$916K
Ln 25
Programscol B$867K
Managementcol C$49K
Owns and owesPt X
$806K
net assets · Ln 32
Cash and savingsLn 1–2$790K
Total assetsLn 16$807K
LiabilitiesLn 26$30
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$673K
Investment incomeLn 3$7K
Total revenueLn 12$680K
Assets in detailPt X, end of year
CashLn 1$162K
SavingsLn 2$628K
Cash and savings togetherLn 1–2$790K
Total assetsLn 16$807K
LiabilitiesLn 26$30
Net assetsLn 32$806K
OperationsPt I, VI
EmployeesI 50
VolunteersI 614
Fiscal year endsHeaderJuly
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.4M$790K
Total assetsLn 16$1.4M$807K
LiabilitiesLn 26$333K$30
Net assetsLn 32$1.0M$806K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$54K$45K$9K
Legal feesLn 11b$753K$753K
Accounting feesLn 11c$25K$25K
Advertising and promotionLn 12$19K$15K$3K
Office expensesLn 13$564$465$99
TravelLn 17$39K$32K$7K
Conferences, conventions and meetingsLn 19$3K$3K$603
InsuranceLn 23$3K$2K$471
Other expenses (24a–d)Ln 24$20K$17K$4K
Total functional expensesLn 25$916K$867K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.0M$1.9M−$913K$603K 990 PDF
FY2024 $1.1M$892K$218K$1.5M 990 PDF
FY2023 $1.3M$1.1M$168K$1.3M 990 PDF
FY2022 $1.1M$1.0M$102K$1.1M 990 PDF
FY2021 $1.0M$795K$222K$1.0M 990 PDF
FY2020 Viewing $680K$916K−$236K$806K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $680,307 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $588,984$673,499
I-9 Program service revenue$0
I-10 Investment incomePrior year $19,665$6,808
I-11 Other revenue$0
I-12 Total revenuePrior year $608,649$680,307
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,630,018$915,999
I-18 Total expensesPrior year $1,630,018$915,999
I-19 Revenue less expensesPrior year −$1,021,369−$235,692
Part VI · Governance 0 of 9 board members independent, 5 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members0
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
Part VIII · Statement of revenue $680,307 across 5 lines filed
VIII-1b Membership dues$672,499
VIII-1f All other contributions, gifts and grants$1,000
VIII-1h Total contributions, gifts and grants$673,499
VIII-3 Investment incomeExcluded from tax $6,808$6,808
VIII-12 Total revenueExcluded from tax $6,808$680,307
Part IX · Statement of functional expenses $915,999 across 9 lines filed
IX-11a Management feesPrograms $44,550 · Management $9,450$54,000
IX-11b Legal feesPrograms $753,072$753,072
IX-11c Accounting feesManagement $24,862$24,862
IX-12 Advertising and promotionPrograms $15,381 · Management $3,263$18,644
IX-13 Office expensesPrograms $465 · Management $99$564
IX-17 TravelPrograms $31,852 · Management $6,757$38,609
IX-19 Conferences, conventions and meetingsPrograms $2,842 · Management $603$3,445
IX-23 InsurancePrograms $2,223 · Management $471$2,694
IX-24 Other expenses (24a–d)Programs $16,590 · Management $3,519$20,109
IX-25 Total functional expensesPrograms $866,975 · Management $49,024 · Fundraising $0$915,999
Part X · Balance sheet $806,516 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $85,666$162,426
X-2 Savings and temporary cash investmentsStart of year $1,285,000$628,000
X-4 Accounts receivableStart of year $1,546$13,396
X-9 Prepaid expenses and deferred chargesStart of year $2,694$2,694
X-16 Total assetsStart of year $1,374,906$806,516
X-17 Accounts payable and accrued expensesStart of year $310,274$30
X-26 Total liabilitiesStart of year $332,728$30
X-27 Net assets without donor restrictionsStart of year $1,042,178$806,486
X-32 Total net assets or fund balancesStart of year $1,042,178$806,486
X-33 Total liabilities and net assetsStart of year $1,374,906$806,516
Part XI · Reconciliation of net assets $806,486 net assets at year end
XI-1 Total revenue$680,307
XI-2 Total expenses$915,999
XI-3 Revenue less expenses−$235,692
XI-4 Net assets at start of year$1,042,178
XI-10 Net assets at end of year$806,486

Form 990 e-file (XML) FY2020 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.