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Selectflorida Inc

EIN 93-1995847 · Coral Gables, FL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood78 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

SELECTFLORIDA IS THE STATE OF FLORIDA'S OFFICIAL INTERNATIONAL COMMERCE ORGANIZATION, SERVING AS A CATALYST FOR ECONOMIC DEVELOPMENT, ECONOMIC DIVERSIFICATION INTO TARGETED INDUSTRIES, AND HIGH-WAGE JOB CREATION FOR FLORIDIANS.

Income
$8.8 million
Spending
$8.7 million
Spent on programs
91%
Reserves
14.2 months of spending
Largest source of income
government grants, 57%
Employees
25
Volunteers
7
Highest pay
$160,235, vp of international affairs (as of 10/9/23)

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 78 out of 100. Higher than 57% of charities in its peer group (youth development, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 14.2 months of spending.

  • Debt

    16 of 20

    It owes 16% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    0 of 15

    Income fell 38% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 49% of charities in its peer group (youth development, $1m to $10m).

  • Independent board

    25 of 25

    7 of 7 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $5.6 million spent. SELECTFLORIDA PROVIDES INTERNATIONAL TRADE SHOW AND TRADE MISSIONS OPPORTUNITIES AND SUPPORT TO BUSINESSES WHO SEEK TO GENERATE EXPORT SALES GROWTH ABROAD.
  2. $2.0 million spent. 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.
  3. $153,920 spent. 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.
  4. $153,149 spent. THE SELECTFLORIDA PARTNER PROGRAM EMPOWERS FLORIDA'S ECONOMIC DEVELOPMENT PROFESSIONALS AND THEIR ORGANIZATIONS BY PROVIDING A PLATFORM FOR PARTICIPATING IN A VARIETY OF DOMESTIC AND INTERNATIONAL TARGET INDUSTRY TRADE SHOWS, NATIONALLY RECOGNIZED SITE SELECTOR EVENTS, INTERNATIONAL TRADE AND BUSINESS DEVELOPMENT MISSIONS, AND FLORIDA-BASED SIGNATURE EVENTS THAT BRING SITE SELECTORS TO THE STATE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.