Florida Surf Heritage Foundation Inc
Nonprofit profile at a glance
- EIN
- 460722281
- IRS 990-EZ coverage
- 2013–2020
- Forms available
- Form 990-EZ 2020
- Location
- Lighthouse Point, FL, USA
- Phone
- 9549415533
- Rating confidence
- Limited
- Sector
- Historical Societies & Historic Preservation
Reported finances
- Expenses
- $10,000
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- DANIEL TRUNK (DIRECTOR/PRE)
- JESSICA RAIA (TRUSTEE/ADVI)
- JAMES J TRUNK (TRUSTEE/DIRE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundation plans to establish a world class museum/resource facility to provide a historical education of the sport, lifestyle, and heritage of surfing. The facility will offer but not be limited to significant surfboards, photography and a full range of other forms of information and objects of cultural value in an attempt to preserve, present and promote the heritage of surfing for the application and education of current and future generations.
What it reported doing in 2020
The foundation plans to establish a world class museum/resource facility to provide a historical education of the sport, lifestyle and heritage of surfing. The facility will offer but not be limited to significant surfboards, photogrpahy and a full range of other forms of information and objects of cultural value in an attempt to preserve, present and promote the heritage of surfing for the application and education of current and future generations.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 55
- Sustainability: 9
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 66.7%; rating input score 67; 1st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 66% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 3 of 3 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2013 to 2020
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.