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Filing year 2024

POLK STATE COLLEGE FOUNDATION INC

Winter Haven, Florida·EIN 59-1819213·501(c)(3)
Total revenue
$7.2M
Total assets
$51.4M
Total expenses
$2.7M
Reported officers
32
Mission

POLK STATE COLLEGE FOUNDATION WORKS IN TANDEM WITH POLK STATE COLLEGE TO HELP IT MEET ITS HALLMARKS AND COMMITMENT TO THE COMMUNITY OF ACCESS AND AFFORDABILITY TO HIGHER EDUCATION. SEE SCHEDULE O.SCHOLARSHIPS ARE A KEY WAY THE FOUNDATION ACCOMPLISHES THIS AND, AS SUCH, REMAINS THE FOUNDATION'S NUMBER-ONE FUNDRAISING PRIORITY. THE POLK STATE COLLEGE FOUNDATION IS GOVERNED BY A BOARD OF DIRECTORS COMPRISED OF COMMUNITY LEADERS, AS WELL AS A STRONG MANAGEMENT TEAM TO ENSURE THAT DONATIONS ARE WISELY MANAGED AND LEVERAGED TO MAXIMIZE THE BENEFIT TO THE STUDENTS. GIFTS AT EVERY LEVEL ARE APPRECIATED AND TRULY MAKE A DIFFERENCE IN THE LIVES OF POLK STATE STUDENTS. SOME STUDENTS, INDEED, NEED HELP PAYING FOR THE MAJORITY OF THEIR TUITION, WHILE OTHERS SIMPLY NEED HELP WITH THE COST OF A BOOK TO BE ABLE TO AFFORD TAKING A CLASS AT POLK.

Executive compensation

Form 990 · Part VII & Schedule J · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
25th percentile to median
$47k
$50k
Chief Financial Officer
10th to 25th percentile
$9k
$9k

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 30 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Top compensation, year by year

From $11k in 2022 to $47k in 2024.

$11k
2022
$47k
2024
In today's dollarsEst.
Up 295% in real terms$13k to $50k

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.

Pay for the position

Chief Executive Officer pay rose 363% from 2022 to 2024, while revenue rose 15%.

$10k in 2022 to $47k in 2024.
  • Chief Financial Officer pay fell 21% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

POLK STATE COLLEGE FOUNDATION INC reported revenue and expenses across 3 filing years.

RevenueExpenses
$6.3M
$2.2M
2022
$3M
$2.3M
2023
$7.2M
$2.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about POLK STATE COLLEGE FOUNDATION INC

What does the Chief Executive Officer of POLK STATE COLLEGE FOUNDATION INC earn?

In 2024, the Chief Executive Officer of POLK STATE COLLEGE FOUNDATION INC received $47,321 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at POLK STATE COLLEGE FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at POLK STATE COLLEGE FOUNDATION INC falls between the 25th percentile and the median.

What are POLK STATE COLLEGE FOUNDATION INC's revenue and expenses?

In 2024, POLK STATE COLLEGE FOUNDATION INC reported $7.2M in total revenue and $2.7M in total expenses on its IRS Form 990.

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