Corrections Foundation INC EIN 59-3440417

Corrections Foundation INC

EIN  59-3440417 Supporting organization Tallahassee, FL
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 9/2/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Corrections Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Funds and partners with corrections departments to improve public safety.
Leadership
Chris Akins · Executive Director · $79K
Money in and out
$2.5M revenue, $1.8M expenses
Bottom line
+25% net inflow

Funds and partners with corrections departments to improve public safety. For fiscal year 2025 it reported $2.5M in revenue, $1.8M in expenses, and $4.7M in net assets.Pt I

Money in and out · FY2025
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$1.8M
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $628K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Net inflow
+25%
revenue over expenses, this year▼ -41% vs prior filing year
Pass-through gifts
90%
of revenue from contributions▼ -4% vs prior filing year
Program spending
91%
of expenses reach stated programs▲ +2% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$2.5M
FY2025▲ +34%
Expenses
$1.8M
FY2025▲ +75%
Total assets
$4.7M
FY2025▲ +13%
Total liabilities
$31K
FY2025▼ -73%
Total revenue
$2.5M
Pt VIII · Ln 12
Total expenses
$1.8M
Pt IX · Ln 25
Net assets
$4.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$628K
Total assetsPt X · Ln 16$4.7M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

2 program services account for $1.7M of program spending, described in the organization's own filed words · FY2024.
01

Provide emergency financial assistance to D.C. Employees during crisis such as critical health, death, accident, fire, natural disasters, etc.

$1.2Mprogram expense
02

Support the programs of the state of florida department of corrections, including dog obedience training programs, wellness, chaplaincy, disaster relief, troop assistance, k-9 drug interdiction and k-9 tracking units, membership recruitment and recognition, FDC leadership summit, support to park house museum and fallen officer memorial.

$445Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCorrections Foundation INC
EINHdr · item D59-3440417
Principal addressHdr · item CTallahassee, FL
WebsiteHdr · item Jwww.correctionsfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCrime & Legal (I40Z)
Ruling yearIRS BMFFeb 1998

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$79,269Pt VII · Sec A
Secretary & Administrative Director
$68,205Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Chris Akins’s $79K as Executive Director is at the 11th percentile of top reported officer pay among 1146 $1–10M crime & legal 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chris Akins$79,269$79,703$74,227$79,099$77,625$51,462
Sheri Logue$68,205$70,915$61,211$60,854$58,438$60,904

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.

See Corrections Foundation INC executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$2.2M · 90%
Investment income$122K · 5%
Program service revenue$97K · 4%
Other revenue$24K · 1%
Contributions & grants90%$2.2M
Investment income5%$122K
Program service revenue4%$97K
Other revenue1%$24K
Total revenueLn 12$2.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.06 Fundraising $0.03
Program services91%$1.7M
Management & general6%$110K
Fundraising3%$59K
Total functional expensesLn 25$1.8M

Balance Sheet

Part X · end of year
CashLn 1$4.4M
Total assetsLn 16$4.7M
Total liabilitiesLn 26$31K
Total net assetsLn 32$4.7M
Months of cash on handcomputed28.9

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.7M · Operating expenses/yr $1.8M
30.8 months
Where the money goes
Program services
Program services $1.7M · Total expenses $1.8M
91%
Management & General
Management & general $110K · Total expenses $1.8M
6%
Fundraising
Fundraising $59K · Total expenses $1.8M
3%
Cost to raise $1
Fundraising expense (3-yr avg) $26K · Solicited contributions (3-yr avg) $1.8M
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $2.2M · Total revenue $2.5M
90%
Government reliance
Government grants — · Total revenue $2.5M
Earned-income share
Program service revenue $97K · Total revenue $2.5M
4%
Investment reliance
Investment income $122K · Total revenue $2.5M
+5%
Program self-sufficiency
Program service revenue $97K · Total expenses $1.8M
5%
Growth & trend
Revenue growth (YoY)
This year $2.5M · Prior year $1.8M
+34%
Revenue CAGR
FY2019 $1.3M · FY2024 $2.5M
+14%
Net-asset trend (YoY)
End of year $4.7M · Beginning of year $4.1M
+15%
Balance sheet
Surplus Margin
Revenue $2.5M · Expenses $1.8M
+25%
Liabilities-to-Assets
Total liabilities $31K · Total assets $4.7M
1%
Net-asset ratio
Net assets $4.7M · Total assets $4.7M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $283K · Total assets (Pt X, ln 16) $4.7M
6%
People & payroll
Highest Reported Total Compensation
Individual Chris Akins · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $79K · Total expenses $1.8M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $241K · Total expenses $1.8M
13%
Fundraising vendors
Fundraiser cost ratio
Paid to fundraisers $29K · Gross raised $256K
11%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 6%
Fundraising cost ratio 3%
Revenue growth 34%
Accounting fee ratio 1%
Fundraising fee ratio 2%

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 · FY2022
TkcaresFY2022$300
Total grants receivedfrom 3 funders$160K
See all 3 funders →
Grants paid · 2 grants · $139K · 2022–2024
Unitemized GrantFY2024$9,000
Florida Department of CorrectionsFY2022$129,976

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$2.5M revenue · viewing · ⤓ 990 PDF
FY2024$1.8M revenue · ⤓ 990 PDF
FY2023$1.6M revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$1.3M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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

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 peer-cohort and compensation comparisons above.