Overview
What is Florida Citrus Sports Events Inc?
Florida Citrus Sports Events Inc is a not-for-profit organization based in Orlando, Florida, with a workforce of 74 employees. Their primary mission is to manage and administratively support annual events, including the Cheez-It Bowl, Citrus Bowl Games, and Florida Classic, which benefit educational institutions and charities in Central Florida. These events generate significant economic impact, totaling over $116.35 million in 2021, and provide national exposure to the community. Florida Citrus Sports Events Inc also hosts the Pop Warner Super Bowl and National Cheer & Dance Championships. They are a membership-based organization, with 200 volunteers contributing their time to the organization each year. Since its inception in 1947, Florida Citrus Sports Events Inc has positively impacted thousands of at-risk youth in Central Florida through the Florida Citrus Sports Foundation MVP programs.
Official website here: www.fcsports.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Florida Citrus Sports Events Inc has received an overall score of 81% from Charity Navigator, indicating a solid performance in accountability and finance. The organization's strong score reflects its commitment to transparency and governance, with a fully independent board and comprehensive financial oversight measures in place. Notably, there were no reported material diversions of assets, showcasing a high level of financial integrity.
The charity demonstrates effective allocation of its resources, as indicated by a program expense ratio of 71.86%. This suggests that a significant portion of its funds is directed towards its mission-related activities rather than administrative costs. Furthermore, the presence of various policies—such as conflict of interest and whistleblower protections—reinforces its commitment to ethical standards and accountability.
While the financial management is commendable, the compensation for key personnel is relatively high, with the CEO earning $725,681. This could raise questions among donors about the balance between staff salaries and the funds available for programmatic initiatives. Overall, Florida Citrus Sports Events Inc shows strengths in governance and financial management, but ongoing scrutiny of executive compensation may be warranted.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Citrus Sports Events Inc legitimate?
Florida Citrus Sports Events Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Citrus Sports Events 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: $1,756,348
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,972,918
For more financial information, click here
Official website here: www.fcsports.com
What is the mission statement of Florida Citrus Sports Events Inc?
Florida Citrus Sports Events Inc is a not-for-profit organization committed to boosting community spirit and pride, promoting tourism, and stimulating economic development. They achieve this by managing and organizing world-class athletic competitions and supporting events in Central Florida. These events, including the Citrus Bowl, Cheez-It Bowl, Camping World Kickoff Game, and Pop Warner Cheer and Football Championships, generate significant national exposure and contribute over $100 million in economic impact to the region. Proceeds from these events benefit charities, educational institutions, and the Florida Citrus Sports Foundation. The organization's volunteers play a crucial role in managing events and donating their time to the foundation.
Official website here: www.fcsports.com
Who is the CEO of Florida Citrus Sports Events Inc?
Steve Hogan is the CEO of Florida Citrus Sports Events Inc The CEO's salary of Florida Citrus Sports Events Inc is $827,232 and their total compensation is $872,217.
Official website here: www.fcsports.com
What is the revenue of Florida Citrus Sports Events Inc?
Florida Citrus Sports Events Inc's revenue in 2024 was $31,882,952.
Official website here: www.fcsports.com
Who are the executives of Florida Citrus Sports Events Inc and what are their salaries?
The average compensation at Florida Citrus Sports Events Inc during 2024 was $48,258. There are 98 employees and 200 volunteers at Florida Citrus Sports Events Inc.
Here are 45 key members and their salaries (Florida Citrus Sports Events Inc's CEO's salary is $827,232 and their total compensation is $872,217):
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- Compensation: $827,232
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Official website here: www.fcsports.com
Where can I find the form 990 for Florida Citrus Sports Events Inc?
Florida Citrus Sports Events Inc's most recent form 990 was submitted in 2024 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 Events Inc
Florida Citrus Sports Events, a not-for-profit organization, is dedicated to boosting community spirit and pride, promoting tourism, and stimulating economic development in Central Florida. The organization achieves this by managing four significant events: the Citrus Bowl, the Cheez-It Bowl, the Camping World Kickoff Game, and the Pop Warner Cheer and Football Championships. These events contribute to the motivation and enjoyment of Central Florida sports fans, increasing community pride, and generating over $100 million in economic impact for the region.
Florida Citrus Sports Events' mission extends beyond just sports competitions. The organization benefits charities, educational institutions, and the Florida Citrus Sports Foundation. It annually manages the Florida Classic for Florida A&M and Bethune-Cookman Universities, producing substantial revenue for the schools. Moreover, the organization hosts the Pop Warner Little Scholars Super Bowl and National Cheer & Dance Championships.
Florida Citrus Sports Events is a membership-based organization, with over 200 members volunteering their time to support the organization year-round. These members serve as event day staff, bowl scouts, committee members, and contribute to the Florida Citrus Sports Foundation. The organization's events provide national exposure to Central Florida, with the revenues generated from the bowl games benefiting the participating universities. With a rich history dating back to 1947, Florida Citrus Sports Events continues to make a positive impact on the Central Florida community.
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Impact
October, 2024
Florida Citrus Sports Events Inc significantly enhances community spirit and pride in Central Florida through its management of major sporting events, including the Citrus Bowl, Cheez-It Bowl, Camping World Kickoff Game, and the Florida Classic. By hosting these prestigious events, it generates over $100 million in economic impact for the region while providing vital national exposure for local communities.
The organization plays a crucial role in financing educational institutions. In 2021, the two bowl games alone provided universities with payouts totaling $14.09 million, promoting athletic programs and supporting students in various capacities. The Florida Classic further contributed $2.269 million in total revenue for Florida A&M and Bethune-Cookman University, underscoring its commitment to higher education.
Moreover, Florida Citrus Sports actively engages with youth programs through its Florida Citrus Sports Foundation MVP programs, positively influencing at-risk youth in the area. Volunteering is a core component of its operations, with approximately 200 members dedicating their time to support these events, fostering a sense of community and collaboration year-round. Overall, Florida Citrus Sports Events Inc not only stimulates the economy but also enriches the quality of life in Central Florida by promoting sports, education, and community involvement.
This information is meant to be a general summary of Florida Citrus Sports Events 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 2024.
- Investment Income: $503,340
- Program Service Revenue: $31,250,733
- Gross Receipts: $33,544,923
Assets and Liabilities:
- Total Assets: $20,810,010
- Total Liabilities: $15,049,867
- Net Assets: $5,760,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPING WORLD KICK-OFF GAME
Revenue
$14,682,818
POP WARNER
Revenue
$5,832,134
MANAGEMENT FEES
Revenue
$4,844,557
SUITE LICENSE FEES
Revenue
$1,994,341
SPONSORSHIPS
Revenue
$1,510,318
Organization Details
Founding Year
1990
Principal Officer
Steven J Hogan
Website
www.fcsports.comNTEE Category
Code: N60 - Recreation
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