Overview
What is Florida Citrus Sports Association Inc?
Florida Citrus Sports Association Inc, a not-for-profit organization based in Orlando, Florida, is dedicated to boosting community spirit and pride, promoting tourism, and stimulating economic development primarily through the organization and management of the Citrus Bowl college football game. This annual event brings significant national exposure to Central Florida and generates over $33 million in economic impact for the region. The association's endeavors extend beyond the game itself, with a focus on enhancing local charities and educational institutions, as well as the Florida Citrus Sports Foundation, through various MVP programs aimed at supporting at-risk youth in the community.
Official website here: www.fcsports.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Florida Citrus Sports Association Inc has achieved a high rating of 96%, reflecting their strong performance in Accountability & Finance. This rating is indicative of the organization’s commitment to transparency and responsible financial management. With a perfect score in several key areas, including independent board governance and financial oversight, they demonstrate a robust framework for ethical operations.
The organization excels in maintaining an independent board, with 100% of its board members being independent. This is complemented by their comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention. Their financial health is also notable, as evidenced by a low liabilities-to-assets ratio and a high percentage of program expenses dedicated to their mission, which stands at 91.01%.
While the data highlights numerous strengths, the summary indicates no major limitations or concerns regarding their operations. The Florida Citrus Sports Association Inc exemplifies best practices in nonprofit governance and finance, making them a reliable entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Citrus Sports Association Inc legitimate?
Florida Citrus Sports Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Citrus Sports Association 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.fcsports.com
What is the mission statement of Florida Citrus Sports Association Inc?
The Florida Citrus Sports Association is a not-for-profit organization with a mission to boost community spirit and pride, promote tourism, and stimulate economic development. This is accomplished through the management and organization of the Citrus Bowl college football game. The event brings national exposure and generates significant economic impact, benefiting charities, educational institutions, and the Florida Citrus Sports Foundation. Through the MVP programs of the Florida Citrus Sports Foundation, thousands of at-risk youth in various communities have been assisted.
Official website here: www.fcsports.com
Who is the CEO of Florida Citrus Sports Association Inc?
Steven J Hogan is the Chief Executive Officer of Florida Citrus Sports Association Inc. The CEO's salary of Florida Citrus Sports Association Inc is $0 and their total compensation is $691,369.
Official website here: www.fcsports.com
What is the revenue of Florida Citrus Sports Association Inc?
Florida Citrus Sports Association Inc's revenue in 2022 was $15,292,474.
Official website here: www.fcsports.com
Who are the executives of Florida Citrus Sports Association Inc and what are their salaries?
There 300 volunteers at Florida Citrus Sports Association Inc.
Here are 48 key members and their salaries (Florida Citrus Sports Association Inc's CEO's salary is $0 and their total compensation is $691,369):
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- Related: $107,220
- Other: $20,244
Official website here: www.fcsports.com
Where can I find the form 990 for Florida Citrus Sports Association Inc?
Florida Citrus Sports Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcsports.com
Learn more at the official website: www.fcsports.com
Mission Statement of Florida Citrus Sports Association Inc
Florida Citrus Sports Association, a not-for-profit organization, is dedicated to enhancing community spirit and pride, fostering tourism, and stimulating economic development in Central Florida. The Association achieves this mission primarily through the management of the Citrus Bowl, an annual college football game that brings significant national exposure and generates over $33 million in economic impact for the region.
Florida Citrus Sports Association's primary objective is to organize, promote, and manage the Citrus Bowl event. Through this endeavor, the Association boosts community morale, attracts tourists, and contributes to the local economy. By benefiting from the game's success, charities, educational institutions, and the Florida Citrus Sports Foundation also reap rewards.
Established in the first bowl game, Florida Citrus Sports Association has helped thousands of at-risk youth in Central Florida through its Florida Citrus Sports Foundation MVP programs. The Association's commitment to the community goes beyond the Citrus Bowl, as it sponsors related tax-exempt organization, Florida Citrus Sports Events, to further support its initiatives. Together, these organizations work towards creating a lasting impact on Central Florida's residents and visitors alike.
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Impact
October, 2024
The Florida Citrus Sports Association Inc significantly enhances community spirit and pride in Central Florida through its management of the Citrus Bowl, a premier college football event. By attracting national attention, the association promotes tourism and generates over $33 million in economic impact for the region. This influx of visitors bolsters local businesses and stimulates economic development, benefiting the entire community.
Moreover, the association plays a vital role in supporting at-risk youth through its MVP programs, which offer essential resources and opportunities. Through partnerships with local charitable and educational organizations, the Florida Citrus Sports Association fosters a nurturing environment that contributes to the quality of life in the region. Its commitment to organizing and promoting high-profile events ensures that Central Florida remains a vibrant and engaged community, deeply connected through sports and shared experiences.
This information is meant to be a general summary of Florida Citrus Sports Association 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: $2,008
- Program Service Revenue: $15,290,466
- Gross Receipts: $15,292,474
Assets and Liabilities:
- Total Assets: $20,845,028
- Total Liabilities: $386,931
- Net Assets: $20,458,097
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDIA INCOME
Revenue
$10,093,000
TICKET SALES
Revenue
$4,448,485
REBATES AND OTHER COMMISSIONS
Revenue
$323,773
MERCHANDISE & ROYALTY
Revenue
$156,193
CONCESSION & VENDORS
Revenue
$132,906
Organization Details
Founding Year
1983
Phone
(407) 423-2476Principal Officer
Steven J Hogan
Main Address
ONE CITRUS BOWL PLACE, ORLANDO, FL, 32805
Website
www.fcsports.comNTEE Category
Code: O50 - Youth development
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