Idea Florida Inc
2115 W Pike Blvd, Weslaco, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $77,174,671 | $72,924,387 | $14,205,737 |
| FY2024 | $74,347,081 | $64,773,469 | $9,955,453 |
| FY2023 | $51,759,566 | $51,493,720 | $381,841 |
| FY2022 | $28,549,811 | $29,470,141 | $115,995 |
| FY2021 | $8,920,816 | $8,690,437 | $229,429 |
| FY2020 | $1,084,423 | $1,037,578 | -$950 |
Form 990 filings
The returns filed by Idea Florida Inc (EIN 84-3519271), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $76,686,521 | 99% |
| Program service revenue | $0 | 0% |
| Other revenue | $488,150 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $68,285,865 | 94% |
| Management & general | $4,638,522 | 6% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 0%.
- 94% of functional expenses went to program services in FY2025. That is higher than 87.7% of 236 Education organizations in TX.
- Net assets covered about 2.3 months of expenses at the end of the reporting year. That puts it in the 15th percentile among 4180 Education organizations in TX.
- Total revenue was higher than 99.1% of 4316 Education organizations in TX.
- Total revenue rose from $1,084,423 in FY2020 to $77,174,671 in FY2025. Revenue increased in 5 and decreased in 0 of 5 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 6 reported years (FY2022).
- Net assets grew from -$950 to $14,205,737 between FY2020 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IDEA FLORIDA PROVIDES TUITION-FREE EDUCATION TO COLLEGE BOUND STUDENTS IN FLORIDA.
IRS status
| Ruling year | 2020 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B29 — Education (in TX) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Basis Texas Charter Schools Inc — San Antonio, TX · $75,387,360
- Greenhill School — Addison, TX · $73,583,529
- Dallas Theological Seminary — Dallas, TX · $73,352,068
- McMurry University — Abilene, TX · $72,848,371
- Life School of Dallas — Red Oak, TX · $82,232,699
- Hardin-Simmons University — Abilene, TX · $82,365,273
- Jubilee Academic Center Inc — San Antonio, TX · $82,615,435
- The University of Texas Texas A M Investment Management Company — Austin, TX · $83,024,768
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.