AIG Technologies Florida Chapter EIN 59-2540784

AIG Technologies Florida Chapter

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Educates chemists on current trends and industry developments through symposia. For fiscal year 2024 it reported $190K in revenue, $124K in expenses, and $595K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Weston, FL
Filings
5 on file (2020–2024)
Revenue
$190KFY2024
Expenses
$124K
Net assets
$595K
People
5
Filings
5
Updates
0
More identity details & actions ⌄
EIN  59-2540784 Public charity (501(c)(3)) Weston, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Educates chemists on current trends and industry developments through symposia.
Leadership
Teresa Fleming · Chairperson
Money in and out
$190K revenue, $124K expenses
Bottom line
0.8% program efficiency
Where the money goes · FY2024
Total revenue
$190K
Pt VIII · Ln 12
Total expenses
$124K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $66K
Where spending went · Part IX cols B–D
Program services $0.01 Management & general $0.99
Program efficiency
0.8%
of spending reaches programs▲ +35% vs prior filing year
Operating runway
57.5mo
months of highly liquid reserves at operating expense rate▲ +423% vs prior filing year
Surplus margin
+35%
revenue over expenses, this year▲ +683% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$190K
FY2024▼ -68%
Expenses
$124K
FY2024▼ -78%
Total assets
$595K
FY2024▲ +13%
Total liabilities
$0
FY2024
Total revenue
$190K
Pt VIII · Ln 12
Total expenses
$124K
Pt IX · Ln 25
Net assets
$595K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$66K
Total assetsPt X · Ln 16$595K
Program-expense ratioPt IX · col B0.8%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

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

To promote professional standards among chemists. To hold symposiums for educating members of current trends and industry developments

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAIG Technologies Florida Chapter
EINHdr · item D59-2540784
Principal addressHdr · item CWeston, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFApr 1986

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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
Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Treasurer-El
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$146K · 76%
Program service revenue$34K · 18%
Investment income$11K · 6%
Other revenue76%$146K
Program service revenue18%$34K
Investment income6%$11K
Total revenueLn 12$190K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.01 Management & general $0.99
Program services1%$1K
Management & general99%$123K
Total functional expensesLn 25$124K

Balance Sheet

Part X · end of year
CashLn 1$595K
Total assetsLn 16$595K
Total liabilitiesLn 26$0
Total net assetsLn 32$595K
Months of cash on handcomputed57.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $595K · Operating expenses/yr $124K
57.5 months
Where the money goes
Program services
Program services $1K · Total expenses $124K
0.8%
Management & General
Management & general $123K · Total expenses $124K
99%
Fundraising
Fundraising $0 · Total expenses $124K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $190K
0%
Government reliance
Government grants — · Total revenue $190K
Earned-income share
Program service revenue $34K · Total revenue $190K
18%
Investment reliance
Investment income $11K · Total revenue $190K
+6%
Program self-sufficiency
Program service revenue $34K · Total expenses $124K
27%
Growth & trend
Revenue growth (YoY)
This year $190K · Prior year $603K
-68%
Revenue CAGR
FY2020 $27K · FY2024 $190K
+63%
Net-asset trend (YoY)
End of year $595K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $190K · Expenses $124K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $595K
Net-asset ratio
Net assets $595K · Total assets $595K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $595K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Teresa Fleming · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $124K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $124K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 0.8%
Overhead ratio 99%
Revenue growth -68%
Accounting fee ratio 0.7%

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.

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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)$190K revenue · viewing · ⤓ 990 PDF
FY2023$603K revenue · ⤓ 990 PDF
FY2022$53K revenue · ⤓ 990 PDF
FY2021$464K revenue · ⤓ 990 PDF
FY2020$27K 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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