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Filing year 2023

FLORIDA OPPORTUNITY FUND INC

Orlando, Florida·EIN 41-2262408·NTEE S31 · Community Improvement & Capacity Building·3
Total revenue
$1.7M
Total assets
$132.7M
Total expenses
$3.1M
Reported officers
6
Mission

THE 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 TECHNOLOGY, ADVANCED MANUFACTURING PROCESSES, AVIATION AND AEROSPACE, AND HOMELAND SECURITY AND DEFENSE, AS WELL AS OTHER STRATEGIC TECHNOLOGIES.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations in Florida.

President
Below 10th percentile
$10k
$11k
Secretary
Secretary (Operational)
Below 10th percentilevs Community Improvement & Capacity Building peers nationwide
$671
$733

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at FLORIDA OPPORTUNITY FUND INC equaled 0.3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
0.3%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Pay for the position

Chief Executive Officer pay rose 114% from 2022 to 2023, while revenue fell 95%.

$5k in 2022 to $10k in 2023.
  • Secretary (Operational) pay fell 94% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FLORIDA OPPORTUNITY FUND INC

What does the Chief Executive Officer of FLORIDA OPPORTUNITY FUND INC earn?

In 2023, the Chief Executive Officer of FLORIDA OPPORTUNITY FUND INC received $9,995 in total compensation. This pay is in the bottom 10% for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Florida: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Chief Executive Officer pay at FLORIDA OPPORTUNITY FUND INC compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations in Florida, the 2023 pay of the Chief Executive Officer at FLORIDA OPPORTUNITY FUND INC falls in the bottom 10%. In 2023, the highest total compensation at FLORIDA OPPORTUNITY FUND INC equaled 0.3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are FLORIDA OPPORTUNITY FUND INC's revenue and expenses?

In 2023, FLORIDA OPPORTUNITY FUND INC reported $1.7M in total revenue and $3.1M in total expenses on its IRS Form 990.

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