The Economic Impact of Florida Nonprofits by Florida Nonprofit - - PowerPoint PPT Presentation

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The Economic Impact of Florida Nonprofits by Florida Nonprofit - - PowerPoint PPT Presentation

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WEBI EBINAR The Economic Impact of Florida Nonprofits by Florida Nonprofit Alliance Thursday, August 10 2 p.m. ET Presented by Welcome OUR VISION Florida Philanthropic Network builds philanthropy to build a better Florida. OUR MISSION The

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WEBI EBINAR

The Economic Impact of Florida Nonprofits by Florida Nonprofit Alliance

Thursday, August 10 2 p.m. ET

Presented by

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Welcome

OUR VISION Florida Philanthropic Network builds philanthropy to build a better Florida. OUR MISSION The mission of the Florida Philanthropic Network is to promote, develop and advance philanthropy in Florida. OUR VALUES

  • Leadership
  • Inclusion
  • Collaboration
  • Learning
  • Integrity
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Questions & Conversation

Submit your questions in the Chat Box Join the conversation on Twitter: @flphilanthropy @PEAKgrantmaking @FLnonprofits #LearnFPN

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Who is PEAK Grantmaking?

►Member-led national association of 3,400 professionals who specialize in grants management for funding organizations ►This is where Practice Meets Purpose

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PEAK Grantmaking offers…

►Effective practices, data intelligence, and grantmaking technology resources ►Peer-to-peer discussions and idea sharing ►Knowledge Base with 100s of articles, reports, sample documents, and webinar recordings ►Latest job postings in the field ►Extensive PEAK Grantmaking membership directory, connecting you with your peers

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Florida Regional Chapter

►Webinars, socials, message board & more!

Membership Chair: Phyllis Corkum

Foundation for a Healthy

  • St. Petersburg

Jaime@HealthyStPete.foundation 727.440.7952

Programs Chair: Ashley Heath

United Way Suncoast AHeath@UWSuncoast.org 813.274.0910

Chair: Mary Giraulo

United Arts of Central Florida Mary@UnitedArts.cc 407.790.7844

Vice Chair: Jaime Dixon

Edyth Bush Charitable Foundation PCorkum@EdythBush.org 407.647.4322 x 17

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Florida Regional Chapter

Upcoming Events

►Thurs Oct 5, 2-3:30 pm Webinar: Choosing a New Online Grant Management System ►Wed Nov 15, 6-7pm Social at the Southeastern Council

  • n Foundations meeting (FREE)

►Wed Dec 6, 2-3:30pm Webinar: Fluxx Database Show- and-Tell (FREE) ►Wed Jan 24, time TBA Social prior to Florida Philanthropic Network Summit (FREE) ►Thurs Feb 1, 2-3:30 pm Webinar: Collective Impact ►Mon-Wed, March 19-21 PEAK Grantmaking Conference in Orlando (+chapter social/meeting)

We hope to see you there!

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Grants Managers Affinity Group

Matt Spence

GMAG Co-chair

Vice President, Community Impact Community Foundation of Tampa Bay

Ashley Heath

GMAG Co-chair

  • Sr. Manager of Investment Strategies

United Way Suncoast

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ECONOMIC IMPACT OF FLORIDA NONPROFITS

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History

  • With more than 83,000 nonprofit
  • rganizations, there is a demonstrated

need for increased connectivity and a collective voice for the sector

  • Florida Nonprofit Alliance launched in

2012

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Why a statewide

  • rganization?
  • FNA provides a collective voice for

nonprofits at the local, state, and federal levels to inform, promote, and strengthen the influence of the nonprofit sector

  • FNA is a central resource for all nonprofits

to gather, analyze, and share important sector data, fostering statewide nonprofit communication and collaboration.

  • FNA represents the needs of the nonprofit

sector in Tallahassee and Washington D.C.

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Florida’s Nonprofit Sector

Organizations comprising the nonprofit sector provide a level of stability in many communities. Maintaining the critical infrastructure the nonprofit sector provides to our economy is crucial to Florida’s health and economic vitality.

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FNA Florida Overview

  • 17th Largest Economy in the

world

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Five states within Florida

  • 1. North Florida 1-10 Corridor: same

number of votes as Iowa

  • 2. Orlando: size of Oregon, 20%

Hispanic voters

  • 3. Tampa/SW Florida: same number of

votes as Missouri

  • 4. SE Florida: same number of votes as

Oregon

  • 5. Miami: same number of votes as
  • Nevada. 85% people of color
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FNA Advocacy

  • Economic Impact Report for State of

Florida’s Nonprofit sector

  • First of its kind
  • Data has not been updated in over ten years
  • Free
  • Will be updated every two years or so
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Components of Report

  • Statewide infographic accompanied by a two-page

summary of key nonprofit sector statistics

  • Infographic created for Florida includes

information on the number of nonprofits, assets, revenues, employment, and wages.

  • District summary reports can bring to light the

importance of the sector to Florida Senators.

  • Ability to filter by foundations, noncharitable

nonprofits and 501c3s

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What is a Nonprofit?

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How does the sector rank?

Florida’s nonprofit organizations:

  • Falls about 7th
  • The nonprofit sector is at 6.3%
  • The construction industry employed 565,396,

making up 6.6 percent of employment

  • Other industries that are comparable include:
  • Manufacturing with 5.2 percent of employment
  • Finance, insurance, and real estate with 7.7 percent

employment.

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How does the sector rank?

Florida ranks:

  • 40th lowest in the nation for nonprofit

assets per capita

  • 44th lowest in the nation for most

charitable states

  • 50th lowest in the nation for

volunteerism

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Key Data Points

Florida’s nonprofit organizations:

  • Number at 83,449
  • Directly employed more than 530,000 people

in 2016, or 6 percent of Florida’s employed workforce

  • Provide an annual payroll of $26.6 billion
  • Hold assets of $205.7 billion
  • Receive nearly $90 billion in annual revenue
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Growth over 2007-2017

  • The number of nonprofits has grown

80% from 46,587 to 83,449

  • Their workforce has grown 40% from

380,000 to 530,000 employees

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State Rankings

County Number of Nonprofits Miami Dade 1 Broward 2 Palm Beach 3 Orange 4 Hillsborough 5 Duval 6 Pinellas 7 Lee 8 Brevard 9 Polk 10

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State Rankings

County Nonprofit Assets Hillsborough 1 Miami Dade 2 Duval 3 Palm Beach 4 Seminole 5 Orange 6 Pinellas 7 Broward 8 Alachua 9 Brevard 10

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Florida Nonprofit Organizations Revenue and Assets in 2015

Type 2015 Revenue 2015 Assets Non-charitable nonprofits $11,736,228,374 $50,862,792,451 Public charities 75,410,508,023 129,484,945,916 Private foundations $2,789,510,702 25,445,050,146 Total $89,936,247,099 $205,792,788,513

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Employment Breakdown for all nonprofits

  • The Southeast Region, Tampa Bay Region,

and East Central Region have the greatest number of paid nonprofit employees

  • They also pay the most in total wages,

mirroring the number, revenue, and assets

  • f those regions.
  • However, the North Central Region has the

highest average hourly wage, followed by the Southeast and the Southwest Regions, respectively.

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Employment Breakdown

Florida Economic Regions Average Employment Annual Wages Average Hourly Wage Southeast 175,609 $9,322,813,284 $25.52 Tampa Bay 105,897 $4,793,118,940 $21.76 East Central 98,327 $4,646,790,204 $22.72 North East 47,409 $2,250,525,876 $22.82 State 534,116 $26,638,770,876 $23.98

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Data Dashboard

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Nonprofits by Social Function

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Florida Nonprofits

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Social Function Defined

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Private foundations

  • Among Florida’s largest private

foundations are: 1. Maxcess Foundation 2. John S. and James L. Knight Foundation 3. Ted Arison Family Foundation 4. Batchelor Foundation

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Data Sources

  • Internal Revenue Service Business Master Files for

Exempt Organizations for 2015

  • The National Center for Charitable Statistics Core Files for

2013 (or most recently available), which report the assets

  • f tax-exempt organizations who are required to file a

Federal 990, 990-EZ, or 990-PF.

  • Individual annual reports for the 15 largest private

foundations in Florida to ensure data accuracy.

  • The U.S. Census Bureau and the U.S. Bureau of Labor

Statistics.

  • The Florida Department of Economic Opportunity—
  • fficial source for state employment figures.
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What’s Next?

  • The data is live
  • State Senate District Summaries have been

mailed out

  • Report results have been sent to all Florida

elected officials

  • Report release tour underway
  • Partnerships with Florida Chamber

Foundation, Philanthropy and Business Partners

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Opportunities

66 New Members of the Legislature

  • 46 in the house
  • 20 in the senate
  • Opportunity to build relationships while

informing and educating

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Opportunities

Independent Sector Research (2016)

  • 78 percent support a bigger role for the

charitable sector in working with the federal government to produce more effective and efficient solutions to problems

  • About 88 percent of voters believe we should

make it easier for people to deduct charitable contributions from their taxes

  • 74 percent trust charities with their checkbooks
  • ver the federal government
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Charitable Deductions

  • Use economic impact data to highlight

your impact in your funding community

  • How do your grant dollars help the

communities your grantees serve?

  • Share your story through your funding
  • Urge your representative to preserve

the Charitable Deduction

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Economic Impact & Storytelling

  • Nonprofits need to influence behavior

change across many different stakeholders

  • Empower board members to become

cheerleaders for the sector

  • Meet with elected officials to share your

work over the summer

  • Illustrating funding gaps
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Economic Impact & Storytelling

  • Help them use stories with data in your annual

reports

  • Use data to highlight the importance of their work
  • Independent Sector Volunteer Hours (2017)
  • Use data to build capacity of social functions with

a lower asset per capita

  • Use data to explore the needs of different
  • counties. All 67 are not the same
  • Write op-eds. Leverage the media
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Economic Impact & capacity building

  • Leverage our low state rankings to raise

support for the sector

  • Businesses want to help
  • Ask how they can help bring their

expertise and capabilities to strengthen the nonprofit sector

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Economic Impact on County Level

  • Ask us to create a tailored report for a

Florida County

  • Foundation for a Healthy St. Petersburg

commissioned a report for Pinellas County

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Resiliency

  • The resiliency of the nonprofit

sector during the 2007-09 recession demonstrates its importance to the U.S. economy

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Questions?

Sabeen Perwaiz sperwaiz@flnonprofits.org 407-694-5213

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WWW.FLNONPROFITS.ORG

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Questions & Conversation

Submit your questions in the Chat Box Join the conversation on Twitter: @flphilanthropy @PEAKgrantmaking @Flnonprofits #LearnFPN

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Connect with FPN

813.983.7399 info@fpnetwork.org fpnetwork.org facebook.com/flphilanthropy @flphilanthropy youtube.com/user/flphilanthropy #LearnFPN