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Selectflorida

Coral Gables, FL · EIN 93-1995847 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Selectflorida reported $8.8 million in revenue and $8.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.77 went to program services, $8.76 to management and general costs and $0.47 to fundraising. Its largest source of revenue was contributions and grants: 57.1% of the total. Government grants made up 57.1%. The highest compensation it reported for one person was $160,235 (VP OF INTERNATIONAL AFFAIRS (AS OF 10/9/23)). 3 people received more than $100,000 in reportable compensation. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $8.7M

For 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

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $8.8M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 212 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.8%82.4%
Management & general
Part IX 25(C) ÷ 25(A)
8.8%11.6%
Fundraising
Part IX 25(D) ÷ 25(A)
0.5%4.5%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.07
Contributions & grants share of revenue
Part VIII 1h ÷ 12
57.1%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
57.1%5.5%
Program service revenue share
Part VIII 2g ÷ 12
37.5%6.6%
Highest reported compensation
Part VII-A, columns D–F
$160,235$274,234
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.84%1.76%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
14.315.4
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$5.6M expenses · 70.8% of program spending · grants $319K · revenue $2.5M

Selectflorida provides international trade show and trade missions opportunities and support to businesses who seek to generate export sales growth abroad

$2.0M expenses · 25.3% of program spending

Selectflorida administers florida's international office program on behalf of the state. The organization manages 17 international office locations and maintains 11 full time contracts. Offices are responsible for providing in country support for florida businesses seeking to expand business opportunities, as well as international businesses seeking to expand and/or establish a presence in florida. In addition, the offices attract foreign direct investment to florida, promote florida in their respective countries, and enhance bilateral trade relationships

$154K expenses · 1.9% of program spending · revenue $697K

The certificate of free sale is an export document required by importing countries to ensure that products are "freely marketed and sold" here in the US, and generally have no prohibitions to export

$153K all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VP OF INTERNATIONAL AFFAIRS (AS OF 10/9/23)
Highest compensated employee, 40.00 hrs/week
$111,726$0$48,509$160,235
VP OF FOREIGN DIRECT INVESTMENT (AS OF 10/9/23)
Highest compensated employee, 40.00 hrs/week
$110,580$0$33,725$144,305
SENIOR VICE PRESIDENT (AS OF 10/9/23)
Highest compensated employee, 40.00 hrs/week
$121,883$0$15,083$136,966
INTERIM PRESIDENT
Officer, 40.00 hrs/week
$50,887$0$5,897$56,784

3 people received more than $100,000 in reportable compensation from Selectflorida (Part VII, line 2). Compensation of current officers, directors and key employees totaled $62,318 (Part IX, line 5).

2 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2024FY2025$8.8M$8.7M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$8.8M$8.7M90.8%$10M$160,235
FY2024 ⓘ$14M$3.9M89.2%$10M$17,974

Governance answers, as filed

FY2025 · 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–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • 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 14bYes
  • Employees Part I, line 525
  • Volunteers Part I, line 67

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CLA
Accounting
$102,919

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Selectflorida totaling $5,000 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 Selectflorida's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Selectflorida, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All youth development charities · Largest charities in Florida

Questions people ask

How much of Selectflorida's spending goes to programs?

In the fiscal year ending June 30, 2025, Selectflorida reported that 90.8% of its $8.7 million in expenses went to program services, 8.8% to management and general and 0.5% to fundraising (Form 990, Part IX).

How much does Selectflorida pay its top executive?

The largest total compensation Selectflorida reported for one person in the fiscal year ending June 30, 2025 was $160,235, for the role of VP OF INTERNATIONAL AFFAIRS (AS OF 10/9/23) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Selectflorida get its money?

Of $8.8 million in revenue in the fiscal year ending June 30, 2025, 57.1% came from contributions and grants (including 57.1% from government grants) and 37.5% from program service revenue (Form 990, Part VIII).

Is Selectflorida a registered charity?

The IRS lists EIN 93-1995847 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 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621329349300027 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511369349302256 · read the filing

All filings for EIN 93-1995847: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.