Florida Beef Council INC

Not tax-deductible

Kissimmee, FL501(c)(5)EIN 59-2805820

To strengthen the beef industry through promotion and research.

70¢ of each $1 spent went to programs.
Run by 20 volunteers.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $34K a year · 7% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
5 mo
of spending, in cash
Looks good: 4.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $15K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$117K
25% of total assets
Looks good: liabilities are 25% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$640K
+19% vs prior year
Spent
$665K
To programs
70%
Net assets
$358K
By yearFY2020–FY2024
Revenue
$640K
FY2024▲ +19%
Revenue by fiscal year
FY2020$445K
FY2021$406K
FY2022$508K
FY2023$538K
FY2024$640K
Expenses
$665K
FY2024▲ +22%
Expenses by fiscal year
FY2020$468K
FY2021$461K
FY2022$566K
FY2023$545K
FY2024$665K
Net assets
$358K
FY2024▼ -6%
Net assets by fiscal year
FY2020$503K
FY2021$449K
FY2022$391K
FY2023$383K
FY2024$358K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1987.

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

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $462K Management & general 30% · $203K

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

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Florida Beef Council INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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 15aNo

Programs and updates

Promotes and researches to strengthen the beef industry.

Provided by the organization

This section is blank until Florida Beef Council INC claims this page.

Know this organization? Claim it to add your story

2 program services, described in the organization's own filed words · FY2024.
01

Support of national beef industry programs. Started in 2021 the organization entered into an agreement with the kansas & nebraska beef councils to promote beef and beef nutrition.

Pt IX · col B
02

Distribution of food service information regarding beef preparation and use.

Pt IX · col B

Run this program? Claim this org to tell your story

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 1 funder$15K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$640K
Ln 12
Gifts and grantsLn 1h$331K
Fees for servicesLn 2g$298K
Investment incomeLn 3$7K
Money outPt IX
$665K
Ln 25
Programscol B$462K
Managementcol C$203K
Owns and owesPt X
$358K
net assets · Ln 32
Cash and savingsLn 1–2$269K
Total assetsLn 16$475K
LiabilitiesLn 26$117K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$331K
Fees for servicesLn 2g$298K
Investment incomeLn 3$7K
Other incomeLn 4–11$3K
Total revenueLn 12$640K
Assets in detailPt X, end of year
CashLn 1$138K
SavingsLn 2$130K
Cash and savings togetherLn 1–2$269K
Land, buildings, equipmentLn 10c$1K
Total assetsLn 16$475K
LiabilitiesLn 26$117K
Net assetsLn 32$358K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$456K$269K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$501K$475K
LiabilitiesLn 26$118K$117K
Net assetsLn 32$383K$358K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$15K$15K
Other fees for servicesLn 11g$96K$96K
Advertising and promotionLn 12$24K$24K
Office expensesLn 13$15K$15K
OccupancyLn 16$34K$34K
TravelLn 17$12K$12K
Conferences, conventions and meetingsLn 19$3K$3K
Depreciation, depletion and amortizationLn 22$510$510
Other expenses (24a–d)Ln 24$416K$399K$17K
All other expensesLn 24e$49K$39K$10K
Total functional expensesLn 25$665K$462K$203K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $640K$665K−$25K$358K 990 PDF
FY2023 $538K$545K−$8K$383K 990 PDF
FY2022 $508K$566K−$58K$391K 990 PDF
FY2021 $406K$461K−$55K$449K 990 PDF
FY2020 $445K$468K−$23K$503K 990 PDF

Want to add your own materials alongside these filings? 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 FY2024 990 (4 parts)
Part VIII · Statement of revenue $639,709 across 6 lines filed
Lines not itemized here account for $3,001 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$331,443
VIII-1h Total contributions, gifts and grants$331,443
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $298,389$298,389
VIII-3 Investment incomeExcluded from tax $6,844$6,844
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $32$32
VIII-12 Total revenueRelated to mission $301,422 · Excluded from tax $6,844$639,709
Part IX · Statement of functional expenses $664,583 across 10 lines filed
IX-11c Accounting feesManagement $14,542$14,542
IX-11g Other fees for servicesManagement $96,446$96,446
IX-12 Advertising and promotionPrograms $24,187$24,187
IX-13 Office expensesManagement $14,866$14,866
IX-16 OccupancyManagement $33,822$33,822
IX-17 TravelManagement $12,209$12,209
IX-19 Conferences, conventions and meetingsManagement $2,870$2,870
IX-22 Depreciation, depletion and amortizationManagement $510$510
IX-24 Other expenses (24a–d)Programs $398,839 · Management $16,907$415,746
IX-24e All other expensesPrograms $38,885 · Management $10,500$49,385
IX-25 Total functional expensesPrograms $461,911 · Management $202,672 · Fundraising $0$664,583
Part X · Balance sheet $475,482 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $121,992$138,278
X-2 Savings and temporary cash investmentsStart of year $333,994$130,482
X-4 Accounts receivableStart of year $28,099$198,678
X-8 Inventories for sale or useStart of year $9,362$5,568
X-9 Prepaid expenses and deferred chargesStart of year $5,629$1,455
X-10c Land, buildings and equipment, netStart of year $1,531$1,021
X-16 Total assetsStart of year $500,607$475,482
X-17 Accounts payable and accrued expensesStart of year $90,585$116,464
X-19 Deferred revenueStart of year $27,000$870
X-26 Total liabilitiesStart of year $117,585$117,334
X-27 Net assets without donor restrictionsStart of year $383,022$358,148
X-32 Total net assets or fund balancesStart of year $383,022$358,148
X-33 Total liabilities and net assetsStart of year $500,607$475,482
Part XI · Reconciliation of net assets $358,148 net assets at year end
XI-1 Total revenue$639,709
XI-2 Total expenses$664,583
XI-3 Revenue less expenses−$24,874
XI-4 Net assets at start of year$383,022
XI-10 Net assets at end of year$358,148

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.