Florida Opportunity Fund Inc

Community development organization based in Orlando, FL.0 Exempt under §501(c)(3).

MissionTHE FUND WAS CREATED BECAUSE THE FLORIDA LEGISLATURE FOUND THERE WAS A NEED TO INCREASE THE AVAILABILITY OF SEED CAPITAL AND EARLY STAGE VENTURE EQUITY CAPITAL FOR EMERGING COMPANIES IN THE STATE, INCLUDING, WITHOUT LIMITATION, ENTERPRISES IN LIFE SCIENCES, INFORMATION

EIN
41-2262408
State
FL
Sector
Community development
Budget band
$25M–$50M
Latest filing
TY 2022
Records
1 officers · 2 years

Financial snapshot · TY 2022

$33.3M
Total revenue
$2.9M
Total expenses
$129.3M
Net assets

Financial health · TY 2023

80
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
167.5 months of expenses
Program efficiency
100
98.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Merdith Pelton
EXECUTIVE DIR UNTIL 8/12/22
$73,772
3th percentile vs. peers

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Florida Opportunity Fund Inc Executive Compensation | 990 Data | DoubleNine