Overview
What is Florida Sports Foundation Incorporated?
Florida Sports Foundation Incorporated, based in Orlando, Florida, serves as a prominent figure in promoting and enhancing Florida's sports industry. Working in collaboration with various sports commissions and organizations across the state, its primary mission is to foster professional, amateur, and participatory sports for Florida's residents. By providing grants to aid communities and hosting organizations, Florida Sports Foundation assists in attracting sports events that generate substantial out-of-state economic impact for the state. This activity not only benefits the local sports sector but also boosts Florida's overall economy.
Official website here: www.playinflorida.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
Florida Sports Foundation Incorporated has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. The charity's perfect score is a result of a weighted evaluation that emphasizes its strong governance practices and financial health, demonstrating a commitment to transparency and responsible management.
The organization boasts a fully independent board with 100% of its members meeting independence criteria, which enhances its operational integrity. Additionally, it has a remarkable program expense ratio of 92.67%, indicating that the majority of its funds are directed toward its programs rather than administrative costs. The presence of various policies, including conflict of interest and whistleblower protections, further underscores its dedication to ethical standards.
No significant limitations have been noted in the data, suggesting that Florida Sports Foundation operates effectively and responsibly, making it a reliable choice for donors looking to support impactful initiatives in sports and community development. Overall, the organization exemplifies high standards in nonprofit management and financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Sports Foundation Incorporated legitimate?
Florida Sports Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Sports Foundation Incorporated 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.playinflorida.com
What is the mission statement of Florida Sports Foundation Incorporated?
The Florida Sports Foundation serves as the leading organization in promoting and developing the sports industry in Florida. In partnership with various sports commissions and organizations, its primary focus is to promote and develop both professional and amateur sports for the state's citizens and attract out-of-state visitors through sports. This initiative aims to generate significant economic benefits for Florida. The foundation accomplishes this mission by providing grants to assist communities and host organizations in attracting sports events, which in turn, generate substantial out-of-state economic impact for the state.
Official website here: www.playinflorida.com
Who is the CEO of Florida Sports Foundation Incorporated?
Angela Suggs is the CEO of Florida Sports Foundation Incorporated The CEO's salary of Florida Sports Foundation Incorporated is $0 and their total compensation is $194,008.
Official website here: www.playinflorida.com
What is the revenue of Florida Sports Foundation Incorporated?
Florida Sports Foundation Incorporated's revenue in 2023 was $6,266,397.
Official website here: www.playinflorida.com
Who are the executives of Florida Sports Foundation Incorporated and what are their salaries?
There 18 volunteers at Florida Sports Foundation Incorporated.
Here are 19 key members and their salaries (Florida Sports Foundation Incorporated's CEO's salary is $0 and their total compensation is $194,008):
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- Related: $172,725
- Other: $21,283
Official website here: www.playinflorida.com
Where can I find the form 990 for Florida Sports Foundation Incorporated?
Florida Sports Foundation Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.playinflorida.com
Learn more at the official website: www.playinflorida.com
Mission Statement of Florida Sports Foundation Incorporated
Florida Sports Foundation, as the leading organization in Florida, is dedicated to promoting and developing various sports industries. Their primary mission is to boost both professional and amateur sports for the state's residents while attracting out-of-state visitors through sports events. By doing so, they aim to generate substantial economic benefits for Florida. To achieve this goal, Florida Sports Foundation offers grants to local sports commissions and other sports organizations across the state, assisting communities and host organizations in attracting sports events that bring significant out-of-state economic impact to Florida.
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Impact
July, 2024
Florida Sports Foundation Incorporated has a significant impact on the state of Florida by promoting and developing the sports industry. Through strategic partnerships with sports commissions and organizations throughout the state, the foundation focuses on attracting professional, amateur, and participatory sports events to Florida. By providing grants to local communities and host organizations, Florida Sports Foundation helps generate substantial out-of-state economic benefits for the state. Overall, the foundation plays a vital role in enhancing Florida's sports landscape and creating economic opportunities through sports tourism.
This information is meant to be a general summary of Florida Sports Foundation Incorporated. 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 2023.
- Investment Income: $52,501
- Program Service Revenue: $483,138
- Gross Receipts: $6,266,397
Assets and Liabilities:
- Total Assets: $4,852,318
- Total Liabilities: $2,012,733
- Net Assets: $2,839,585
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRADE SHOW
Revenue
$433,565
PGM DEVELOP & PROMO
Revenue
$49,573
Organization Details
Founding Year
2012
Principal Officer
Angela Suggs
Website
www.playinflorida.comNTEE Category
Code: N127 - Recreation
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