Florida Achievement Support Trust
Also known as Florida Victorious Foundation
Florida Achievement Support Trust reported $18.4 million in revenue and $14.9 million in expenses for calendar year 2024. Of every $100 it spent, $91.45 went to program services, $8.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 99.7% of the total. The highest compensation it reported for one person was $400,000 (CEO). 1 person received more than $100,000 in reportable compensation. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 212 covered youth development charities: $83.69 programs, $11.78 management, $4.53 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 91.5% | 82.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 8.5% | 11.6% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 4.5% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.07 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 99.7% | 80.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 5.5% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 6.6% |
| Highest reported compensation Part VII-A, columns D–F | $400,000 | $274,234 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.68% | 1.76% |
| People paid over $100,000 Part VII, line 2 | 1 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 4.0 | 15.4 |
| Independent voting board members Part VI 1a–1b | 3 of 3 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseFlorida Achievement Support Trust began operations in the summer of 2022. In 2024, Florida Achievement Support Trust worked with and promoted 16 different charitable organizations through over 2,000 hours of service work and thousands of social media posts. Florida Achievement Support Trust also held multiple financial literacy meetings for 160+ participants. Our organization is proud to make such a significant impact on the community. We are raising awareness of the impactful work that our partners are doing in the community and making a difference in the lives of people via financial…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here1 people received more than $100,000 in reportable compensation from Florida Achievement Support Trust (Part VII, line 2). Compensation of current officers, directors and key employees totaled $400K (Part IX, line 5).
3 filings since FY2022 (7 mo.)
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b3 · 3 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aNo
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52
- Volunteers Part I, line 625
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 38 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to Florida Achievement Support Trust totaling $580K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Florida Achievement Support Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Florida Achievement Support Trust, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Florida Achievement Support Trust spent in 2024, $91.45 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Boys & Girls Clubs of Central FloridaOrlando, FL · revenue $18M · programs 75.5% · FY2025
- Michigan Masonic Charitable FoundationAlma, MI · revenue $18M · programs 82.6% · FY2026
- Boys & Girls Clubs of Central and Northern NhConcord, NH · revenue $18M · programs 81.3% · 2025
- Boy Scouts of America 92 Atlanta Area CouncilAtlanta, GA · revenue $19M · programs 92.1% · 2024
- Big Brothers Big Sisters Lone StarDallas, TX · revenue $18M · programs 81.4% · 2025
All youth development charities · Largest charities in Florida
Questions people ask
How much of Florida Achievement Support Trust's spending goes to programs?
In calendar year 2024, Florida Achievement Support Trust reported that 91.5% of its $14.9 million in expenses went to program services, 8.5% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Florida Achievement Support Trust pay its top executive?
The largest total compensation Florida Achievement Support Trust reported for one person in calendar year 2024 was $400,000, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Florida Achievement Support Trust get its money?
Of $18.4 million in revenue in calendar year 2024, 99.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Florida Achievement Support Trust a registered charity?
The IRS lists EIN 88-2588991 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513079349302956 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202423039349301907 · read the filing
- FY2022 (7 mo.): Form 990 for the 7-month short period ending December 31, 2022, object 202313069349301726 · read the filing
All filings for EIN 88-2588991: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.