Overview
What is South Beach Seafood Festival Inc?
South Beach Seafood Festival Inc is a nonprofit organization situated in Miami, Florida, specifically at 7150 SW 139TH ST. Their primary mission is to boost and expand community-centered culinary institutions. They achieve this by organizing an annual week-long seafood festival on Miami Beach. Additionally, they strive to enhance the nutritional well-being of Miami Beach's youth. They accomplish this by implementing programs in various schools, offering healthy meals and nutritional guidance, aiming to inspire growth and success in their future endeavors.
Official website here: www.sobeseafoodfest.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating.
South Beach Seafood Festival Inc has received a Two-Star rating from Charity Navigator, indicating some concerns related to its financial accountability. While it excels in governance, with full points for independent board members and strong policies in place, the organization's financial sustainability is called into question due to a high liabilities-to-assets ratio, suggesting potential difficulties in meeting its obligations.
Strengths noted include an exceptional program expense ratio of 98.07%, indicating that the majority of its resources are directed toward programming rather than administrative costs. This reflects a commitment to fulfilling its mission through effective program implementation. Furthermore, the charity has established comprehensive policies regarding conflict of interest and whistleblowing, which enhance its governance framework.
However, the significant liabilities compared to assets may pose risks to its financial health and long-term viability. While the charity exhibits strong governance practices, potential donors should consider these financial challenges when evaluating support for the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about South Beach Seafood Festival Inc?
90% of 481 reviewers on Facebook recommend South Beach Seafood Festival Inc. Here is a summary of their reviews:
Many attendees rave about having an "awesome time" at the festival, highlighting the diverse array of food options available. The beer tents and musical entertainment received particular praise, adding to the enjoyable atmosphere. Reviewers noted that the event is well-organized and provides a lively experience for both food lovers and music fans alike.
Overall, this nonprofit appears to deliver a fun, festive environment where participants can indulge in great food and entertainment, leaving many feeling satisfied with their experience.
This AI summary has been generated from reviews found on Facebook.
Is South Beach Seafood Festival Inc legitimate?
South Beach Seafood Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Beach Seafood Festival Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sobeseafoodfest.com
What is the mission statement of South Beach Seafood Festival Inc?
The South Beach Seafood Festival Inc's mission is centered around promoting and expanding community-based culinary institutions. Their primary goal is to provide healthy meals and offer nutritional guidance to youth in Miami Beach. To achieve this, they establish programs within various schools, aiming to foster growth and inspire success in these young individuals' futures. As a means to support this mission, the organization hosts an annual week-long seafood festival on Miami Beach.
Official website here: www.sobeseafoodfest.com
Who is the CEO of South Beach Seafood Festival Inc?
Tod Roy is the Director of South Beach Seafood Festival Inc.
Official website here: www.sobeseafoodfest.com
What is the revenue of South Beach Seafood Festival Inc?
South Beach Seafood Festival Inc's revenue in 2022 was $784,855.
Official website here: www.sobeseafoodfest.com
Who are the executives of South Beach Seafood Festival Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.sobeseafoodfest.com
Where can I find the form 990 for South Beach Seafood Festival Inc?
South Beach Seafood Festival Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sobeseafoodfest.com
Learn more at the official website: www.sobeseafoodfest.com
Mission Statement of South Beach Seafood Festival Inc
South Beach Seafood Festival Inc, a nonprofit organization, is dedicated to promoting and fostering the growth of community-based culinary institutions. Their primary mission is to provide healthy meals and offer nutritional guidance to the youth of Miami Beach. To accomplish this, they establish programs within various schools, aiming to inspire and ensure the success of these young individuals in their future endeavors. Each year, the organization hosts a week-long seafood festival on Miami Beach, serving as a platform to further promote and expand these community-based culinary institutions.
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Impact
October, 2024
South Beach Seafood Festival Inc significantly impacts the Miami Beach community by promoting and enhancing local culinary institutions. Through its annual seafood festival, the organization not only showcases the vibrant culinary scene but also actively engages the community in celebrating local chefs and seafood producers. This event fosters a sense of unity and pride in the local culture.
In addition to its culinary focus, the organization places a strong emphasis on youth development. By creating programs in various schools, South Beach Seafood Festival Inc provides healthy meals and nutritional guidance to the youth of Miami Beach. These initiatives are designed to inspire and support young people, equipping them with the knowledge and skills necessary for future success. Overall, the organization plays a vital role in nurturing community growth and encouraging a thriving, health-conscious future for the youth.
This information is meant to be a general summary of South Beach Seafood Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $721,583
- Gross Receipts: $784,855
Assets and Liabilities:
- Total Assets: $265,049
- Total Liabilities: $697,669
- Net Assets: -$432,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$423,593
SPONSORS
Revenue
$297,990
Organization Details
Founding Year
2018
Principal Officer
Tod Roy
Main Address
7150 SW 139TH ST, MIAMI, FL, 33158
Website
www.sobeseafoodfest.comNTEE Category
Code: O12 - Youth development
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