Overview
What is Tangerine Sports Association Inc?
Tangerine Sports Association Inc, based in Orlando, Florida, is a not-for-profit organization committed to fostering community spirit and pride, promoting tourism, and stimulating economic development. They achieve this by managing the annual Cheez-It Bowl college football game, which brings significant national exposure and generates over $33 million in economic impact for the region. The game's proceeds also benefit charities, educational institutions, and the Florida Citrus Sports Foundation. Further, Tangerine Sports Association has aided thousands of at-risk youth in Central Florida through their MVP programs, ensuring a positive impact on the community's quality of life.
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)**
Tangerine Sports Association Inc. has received an 81% rating from Charity Navigator, which reflects a solid financial health score primarily rooted in accountability and finance factors. The organization boasts an independent board and has strong governance practices, evident in its comprehensive policies regarding conflicts of interest, whistleblowing, and documentation retention. However, the charity's fiscal situation is concerning due to a liabilities-to-assets ratio exceeding 100%, which suggests potential financial instability if liabilities increase further.
While Tangerine Sports Association excels in program expense efficiency with 94.56% of its expenditures allocated to its mission, the absence of a publicly available tax form raises questions about financial transparency. Additionally, the organization currently lacks scoring in key areas such as impact measurement, culture, and leadership adaptability, indicating potential gaps in assessing its overall effectiveness and community engagement beyond financial metrics.
Currently, user reviews from GreatNonprofits are not available, so community feedback cannot be summarized. Overall, Tangerine Sports Association demonstrates responsible financial management but may need to enhance transparency and impact assessment to build greater trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Tangerine Sports Association Inc legitimate?
Tangerine Sports Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tangerine 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
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fcsports.com
What is the mission statement of Tangerine Sports Association Inc?
Tangerine Sports Association Inc's mission is centered around organizing, promoting, and managing the Cheez-It Bowl. Their primary objective is to boost community spirit and pride, stimulate tourism, and stimulate the local economy. The association ultimately aims to benefit charities, educational institutions, and the Florida Citrus Sports Foundation. Through the annual Cheez-It Bowl college football game, they provide national exposure, generating significant economic impact for the region. The association collaborates with Florida Citrus Sports Events to sponsor this event, with a portion of the proceeds benefiting two participating universities.
Official website here: www.fcsports.com
Who is the CEO of Tangerine Sports Association Inc?
Steve Hogan is the CEO of Tangerine Sports Association Inc The CEO's salary of Tangerine Sports Association Inc is $0 and their total compensation is $874,163.
Official website here: www.fcsports.com
What is the revenue of Tangerine Sports Association Inc?
Tangerine Sports Association Inc's revenue in 2024 was $9,484,710.
Official website here: www.fcsports.com
Who are the executives of Tangerine Sports Association Inc and what are their salaries?
There 300 volunteers at Tangerine Sports Association Inc.
Here are 45 key members and their salaries (Tangerine Sports Association Inc's CEO's salary is $0 and their total compensation is $874,163):
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- Related: $118,190
- Other: $16,839
Official website here: www.fcsports.com
Where can I find the form 990 for Tangerine Sports Association Inc?
Tangerine Sports Association 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 Tangerine Sports Association Inc
Tangerine Sports Association, a not-for-profit organization, is dedicated to fostering community spirit and pride, promoting tourism, and stimulating economic development. Its primary mission is to organize, promote, and manage the Cheez-It Bowl, an annual college football game. By hosting this event, Tangerine Sports Association aims to increase community engagement and pride, draw tourists to the area, and boost the local economy. The proceeds from the event ultimately benefit charities, educational institutions, and the Florida Citrus Sports Foundation. The association collaborates with Florida Citrus Sports Events, a related tax-exempt organization, to sponsor the Cheez-It Bowl. This game provides significant national exposure for the Central Florida community, generating over $33 million in economic impact for the region. The universities participating in the game receive a total of $5.715 million from the event.
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Impact
July, 2024
Tangerine Sports Association Inc's impact is significant in Central Florida, where it plays a key role in increasing community spirit and pride, promoting tourism, and stimulating economic development through managing the Cheez-It Bowl. Since its inception, the association has positively affected at-risk youth through the Florida Citrus Sports Foundation MVP programs. Additionally, the Cheez-It Bowl, sponsored by the Tangerine Sports Association, has not only provided national exposure to the region but has also generated over $33 million in economic impact. This event has contributed $5.715 million to the participating universities, benefiting charities, educational institutions, and the Florida Citrus Sports Foundation.
This information is meant to be a general summary of Tangerine 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 2024.
- Investment Income: $136,297
- Program Service Revenue: $9,348,413
- Gross Receipts: $9,484,710
Assets and Liabilities:
- Total Assets: $1,917,378
- Total Liabilities: $4,578,178
- Net Assets: -$2,660,800
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDIA INCOME
Revenue
$3,129,000
TICKET SALES
Revenue
$2,964,962
SPONSORSHIPS
Revenue
$2,888,389
REBATES AND COMMISSION
Revenue
$106,642
CONCESSIONS & VENDORS
Revenue
$78,245
Organization Details
Founding Year
2001
Principal Officer
Steven J Hogan
Website
www.fcsports.comNTEE Category
Code: N40 - Recreation
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