Overview
What is South Florida Sports Foundation Inc?
South Florida Sports Foundation Inc is a nonprofit organization situated in Miami Gardens, Florida. Their mission is to support health, education, and volunteerism in South Florida, aiming to enhance the lives of local communities in need. They achieve this through various community programs and partnerships, such as 5,000 Role Models, YWCA, and Big Brothers. They also provide assistance during hurricane season, collaborating with the Miami Dolphins to restore communities impacted by hurricanes. The foundation has a focus on social justice, promoting inclusivity and unity in the South Florida community by advocating for diverse groups. Additionally, they offer scholarships to students nominated by Miami-Dade County schools. Funding for many of these initiatives comes from NFL grants and community sponsorships. The Nat Moore Endowment Scholarship Fund is another significant part of their work, providing financial aid to students from various counties in Florida.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
The South Florida Sports Foundation Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The rating is primarily based on their strong performance in accountability and finance, where they achieved an impressive score of 79% for fiscal year 2021. This score reflects the charity's commitment to transparent operations and responsible financial management.
One of the organization's strengths is its governance structure, featuring a majority of independent board members. With 60% of board members being independent, the foundation demonstrates a commitment to ethical oversight and decision-making. Additionally, the absence of any material diversion of assets and the presence of comprehensive policies such as conflict of interest and whistleblower policies underscore its dedication to maintaining integrity within its operations.
While the foundation shows strengths in most areas, potential donors should consider the overall rating as an indication of moderate performance. The organization reports a high program expense ratio of 91.87%, suggesting that a significant portion of its resources is allocated directly to its mission-related activities. Nonetheless, the reliance on a single beacon score means that other aspects of the foundation's impact and effectiveness may require further exploration beyond the financial metrics provided.
This AI summary has been generated from information found on Charity Navigator.
Is South Florida Sports Foundation Inc legitimate?
South Florida Sports Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Florida Sports Foundation 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: $299,226
For more financial information, click here
What is the mission statement of South Florida Sports Foundation Inc?
The South Florida Sports Foundation's mission is centered around supporting health, education, and volunteerism in the community. Their objective is to enhance the lives of individuals and communities in need. The foundation accomplishes this by backing various community programs and organizations that align with its mission. For instance, they have supported initiatives like 5,000 Role Models, YWCA, and Big Brothers. During hurricane season, they aid in the restoration of communities impacted by hurricanes, working alongside the Miami Dolphins. The foundation also promotes social justice, striving to level the playing field and foster a healthier, more educated, and united community. They provide scholarships to students nominated by local schools to support these goals. Additionally, they manage and disburse funds from NFL grants to support community programming.
Who is the CEO of South Florida Sports Foundation Inc?
Stephen M Ross is the Director of South Florida Sports Foundation Inc.
What is the revenue of South Florida Sports Foundation Inc?
South Florida Sports Foundation Inc's revenue in 2022 was $2,780,649.
Who are the executives of South Florida Sports Foundation Inc and what are their salaries?
There 20 volunteers at South Florida Sports Foundation Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for South Florida Sports Foundation Inc?
South Florida Sports Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Florida Sports Foundation Inc
South Florida Sports Foundation Inc is dedicated to supporting health, education, and volunteerism in the community, with the ultimate goal of improving the lives of people and communities in need. The organization's mission is to actively engage in various community programs and organizations that align with its purpose. Some of the initiatives and programs supported by the foundation include 5,000 Role Models, YWCA, and Big Brothers.
In addition to supporting local organizations, South Florida Sports Foundation Inc also has a focus on hurricane relief during the hurricane season, which runs from June to December each year. The region and its Caribbean neighbors are at risk of damage should a hurricane hit. The foundation's Hurricane Relief fund helps the Miami Dolphins assist in the restoration of communities affected by a hurricane.
The foundation also places a strong emphasis on social justice, aiming to level the playing field and inspire a healthier, more educated, and united South Florida community. By being inclusive of diversity and aware of the intersections that make up South Florida, the foundation unites groups of different races, genders, sexual orientations, identities, abilities, and faith around the power of football. The foundation also provides scholarships to students nominated by Miami-Dade County schools to support these goals.
Furthermore, the foundation manages and disburses funds received from the NFL Foundation to support programming in the community. This includes funding for Coach of the Week, Athletic Trainers, Play 60, Volunteer Program, Hometown Huddle, Crucial Catch, Social Justice, Salute to Service, and Social Responsibility. South Florida Sports Foundation Inc is actively involved in the community, sponsoring events and deals that have a community component or youth programs. The foundation's activities are truly embodying the spirit of supporting health, education, and volunteerism in the community, and improving the lives of people and communities in need.
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Impact
July, 2024
South Florida Sports Foundation Inc's impact is profound in the community, focusing on supporting health, education, and volunteerism in South Florida. By partnering with various organizations and programs such as 5,000 Role Models, YWCA, and Big Brothers, the foundation actively works towards improving the lives of individuals and communities in need.
One significant area of impact is through their Hurricane Relief fund, which assists in the restoration of communities impacted by hurricanes in the South Florida region and neighboring areas. This initiative demonstrates the foundation's commitment to providing essential support during times of crisis.
Moreover, the foundation's dedication to social justice initiatives, in collaboration with the Miami Dolphins, aims to create a more inclusive and united South Florida community. By providing scholarships to students nominated by Miami-Dade County schools, they actively contribute to promoting diversity, education, and equality.
Through managing and disbursing NFL grants for programs such as Coach of the Week, Play 60, and social responsibility initiatives, the foundation plays a vital role in supporting various community programming. Additionally, the Nat Moore Endowment Scholarship Fund, which offers scholarships to graduating seniors from high schools in multiple counties, contributes significantly to educational opportunities for students in South Florida.
Overall, South Florida Sports Foundation Inc's impact extends beyond sports, focusing on holistic community development, youth empowerment, and enhancing the quality of life for individuals and communities in need in South Florida.
This information is meant to be a general summary of South Florida Sports Foundation 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: -$303,646
- Gross Receipts: $4,666,967
Assets and Liabilities:
- Total Assets: $4,050,650
- Total Liabilities: $125,756
- Net Assets: $3,924,894
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Organization Details
Founding Year
1995
Phone
(305) 943-8000Principal Officer
Stephen M Ross
Main Address
347 DON SHULA DRIVE, MIAMI GARDENS, FL, 33056
NTEE Category
Code: O20 - Youth development
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