Overview
What is Gator Bowl Sports Inc?
Gator Bowl Sports Inc, a 501(c)(3) nonprofit organization situated in Jacksonville, Florida, is deeply rooted in Northeast Florida, with a rich tradition spanning over seven decades. Known for hosting the sixth oldest college bowl game, the Gator Bowl, this organization has a notable history of showcasing legendary coaches and award-winning athletes. Beyond sports, Gator Bowl Sports Inc focuses on charitable activities, primarily in education and youth development. A portion of ticket revenue from their events is allocated to support in-school programs in the local area. In addition to its economic impact, with approximately 6,000 out-of-town visitors and an estimated $3.6-$4.2 million in direct spending for the local economy, the organization also contributes significantly to the overall economic impact of Northeast Florida, to the tune of $7.5 million. Gator Bowl Sports Inc's mission is to promote college athletics, enhance the local economy, and boost community pride through their events.
Official website here: www.gatorbowl.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star Rating)
Gator Bowl Sports Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 96% in this category, indicating a high level of transparency and responsible financial management. Key factors contributing to this score include a fully independent board and a thorough audit and oversight committee, which reinforce the charity's commitment to ethical governance.
Additionally, the organization excels in its financial metrics, with a program expense ratio of 95.56%, suggesting that the vast majority of its funds are directed towards its mission-related activities. It also maintains solid practices regarding conflict of interest and whistleblower policies, ensuring that internal processes are designed to uphold integrity and accountability.
Despite these strengths, there are no notable limitations highlighted in the data. Overall, Gator Bowl Sports Inc presents a robust profile of financial health and governance, making it a trustworthy choice for donors looking to support a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Gator Bowl Sports Inc?
82% of 470 reviewers on Facebook recommend Gator Bowl Sports Inc. Here is a summary of their reviews:
Overall, the sentiment towards Gator Bowl Sports Inc. appears to be positive. Many reviewers appreciate the organization’s efforts and events, indicating a strong community connection and engagement. Though specific feedback is limited, users show comfort in supporting a nonprofit that contributes positively to sports and local initiatives.
In summary, Gator Bowl Sports Inc. seems to be successfully fulfilling its mission, resonating well with a majority of its supporters. The organization has fostered a sense of community among its patrons, reflected in the recommendations it receives.
This AI summary has been generated from reviews found on Facebook.
Is Gator Bowl Sports Inc legitimate?
Gator Bowl Sports Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gator Bowl Sports 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: $566,555
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,919
For more financial information, click here
Official website here: www.gatorbowl.com
What is the mission statement of Gator Bowl Sports Inc?
Gator Bowl Sports Inc's mission is to deliver top-tier college athletics events and activities in a manner that maximizes beneficial impacts on the economy, national image, and community pride. The organization primarily generates revenue from ticket sales for its games and events, as well as from membership fees. Its objective is to foster and promote collegiate education, aiming to leave a positive mark in the respective community.
Official website here: www.gatorbowl.com
Who is the CEO of Gator Bowl Sports Inc?
William G Mcgarity is the Vice President/Cfo of Gator Bowl Sports Inc. The CEO's salary of Gator Bowl Sports Inc is $174,202 and their total compensation is $174,202.
Official website here: www.gatorbowl.com
What is the revenue of Gator Bowl Sports Inc?
Gator Bowl Sports Inc's revenue in 2022 was $6,548,929.
Official website here: www.gatorbowl.com
Who are the executives of Gator Bowl Sports Inc and what are their salaries?
The average compensation at Gator Bowl Sports Inc during 2022 was $46,698. There are 15 employees and 250 volunteers at Gator Bowl Sports Inc.
Here are 30 key members and their salaries (Gator Bowl Sports Inc's CEO's salary is $174,202 and their total compensation is $174,202):
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- Other: $34,396
- Compensation: $174,202
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Official website here: www.gatorbowl.com
Where can I find the form 990 for Gator Bowl Sports Inc?
Gator Bowl Sports Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatorbowl.com
Learn more at the official website: www.gatorbowl.com
Mission Statement of Gator Bowl Sports Inc
Gator Bowl Sports Inc, a prominent organization, is dedicated to providing the finest in college athletics and related activities. Its mission is multifaceted, aimed at maximizing a positive impact on the economy, enhancing the national image, and boosting community pride in Northeast Florida. The organization achieves this primarily through ticket sales for its games and events, as well as membership income. By fostering and encouraging collegiate education, Gator Bowl Sports Inc contributes to the broader community, promoting growth and development in the region.
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Impact
July, 2024
Gator Bowl Sports Inc's impact is significant in Northeast Florida, as it serves as a longstanding family tradition with the Gator Bowl game and related events. This organization, a 501(c)(3) nonprofit, focuses on education and youth initiatives in the region. The annual TaxSlayer Gator Bowl, a post-season college football game hosted by Gator Bowl Sports Inc, brings in thousands of out-of-town visitors and generates millions of dollars in economic impact for the local economy. By supporting in-school programs and fostering collegiate education, Gator Bowl Sports Inc plays a vital role in promoting community pride and enhancing Northeast Florida's national image.
This information is meant to be a general summary of Gator Bowl Sports 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.
- Investment Income: $133,144
- Program Service Revenue: $6,252,254
- Gross Receipts: $8,322,040
Assets and Liabilities:
- Total Assets: $7,955,828
- Total Liabilities: $2,302,819
- Net Assets: $5,653,009
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOTBALL GAME REVENUE
Revenue
$5,653,399
EVENTS REVENUE
Revenue
$55,125
MEMBERSHIP REVENUE
Revenue
$543,730
Organization Details
Founding Year
1945
Phone
(904) 798-1700Principal Officer
William G Mcgarity
Main Address
1 Gator Bowl Blvd, Jacksonville, FL, 322021507
Website
www.gatorbowl.comNTEE Category
Code: N70Z - Recreation
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