Public Charity

FLORIDA OPPORTUNITY FUND INC

FLORIDA OPPORTUNITY FUND INC is a Public Charity headquartered in ORLANDO, FL. Financial data from the 2025 filing: $53.2M revenue, $3.6M expenses, $188.5M total assets. 1 publicly reported grants to this organization, totaling roughly $7.6M, appear in IRS filings.

EIN: 412262408 ORLANDO, FL Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$53.2M
Total Expenses$3.6M
Total Assets$188.5M
Grant Records1
Funding Total$7.6M
Filing Years2021–2025

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.

Where $100 goes at Florida Opportunity Fund Inc

How Florida Opportunity Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$92 Programs the work itself
$8 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $92 for programs

$46
The fund increases 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…
50% of program spending
$46
The ecp program is designed to create new businesses and jobs in florida and further diversify the economy of the state of florida by making direct equity or…
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2017
STATE SMALL BUSINESS CREDIT INIITIATIVE
$7,585,659

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

CHAIRMAN Aj Ripin
DIRECTOR Brandon Detweiler
DIRECTOR Garrett Johnson
SECRETARY Lorna Dusti
PRESIDENT Robert Harvey
DIRECTOR Susan Amat

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$7,585,659 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $53.2M $3.6M $188.5M
2024 $1.7M $3.1M $132.7M
2023 $33.3M $2.9M $129.3M
2022 $3.3M $723K $103.0M
2021 $8.3M $8.9M $119.8M

Between 2021 and 2025, reported annual revenue grew from $8.3M to $53.2M (+538%), with total assets most recently reported at $188.5M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FLORIDA OPPORTUNITY FUND INC

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