Gator Bowl Sports Charities Inc

What it reported doing in 2024

Gator bowl charities is the philanthropy arm of gator bowl sports and our way of giving back to the northeast Florida community! We strive to directly impact local youth and individuals throughout northeast Florida through unique experiences and opportunities with a focus on education, leadership and service. Through our programs we are able to provide local youth with insight into sports business, college scholarship and teacher grant opportunities, behind the scenes/once in a lifetime experiences at sporting events and more. Key programs include: send a child to the game which annually provides over 1,000 participants the opportunity to experience sporting events by providing a full game-day experience including game ticket, pre-game meal, transportation and more. The gator bowl charities award of excellence scholarship annually awards four local senior student-athletes a one-time gift of $2,500 to be used at any accredited university or community college. Additionally, the henry tuten gator bowl pro-am golf scholarship was added to provide local high school golfers scholarships to be used at any university or community college. The 5000 role models of excellence program in partnership with duval county public schools allows us to adopt a local middle school (dupont middle school) to directly impact their school, students and teachers throughout the year. This is done in a variety of ways from teacher recognitions/meals, school clean-up projects, and interactions with the students to talk about sports business. Throughout this partnership, we have also created the gator bowl charities sports career fair that allows us to invite 500+ local middle and high school students to learn about sports as a career and how many opportunities are available to work in the sports industry. The most valuable teacher (mvt) initiative began in 2021, and we continue to build on our education initatives each year. Last year we gave sixteen local teachers $1,000 each to use in their classrooms through our mvt program. In addition, $10,000 was given to local teachers through the touchdown for teachers program and $6,000 was given to teachers in northeast Florida and greater augusta in partnership with taxslayer . The taxslayer gator bowl dream team allows us to sign twelve new local kids battling life threatening illnesses to the dream team in august, and throughout the year they have a variety of experiences including attending our member socials, a 'scouting trip' to gainesville to watch a Florida football game, a meet & greet with taxslayer gator bowl players, coaches and mascots from each team. Their experience concluded at the taxslayer gator bowl being recognized on-field. While we have hosted the little gator bowl (greater jacksonville pop warner city championships) for years. We focused on growing the event this year to include more games (impacting more players) and providing each winning team player with a championship ring, something they will cherish forever.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 100%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 94.1%; rating input score 94; 27th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 66.8%; rating input score 67; 45th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -31.6%; rating input score 9; 9th percentile among comparable filings
• Total-asset coverage ratio: 4.19; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 1.17; rating input score 4; 4th percentile among comparable filings
• Officer compensation ratio: 20.1%; rating input score 19; 19th percentile among comparable filings

Growth

• Program expense growth: 3.2% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: -1.6% per year; rating input score 0; 18th percentile among comparable filings
• Asset growth: 35.7% per year; rating input score 100; 94th percentile among comparable filings