OIC of South Florida
Legal name: Oic of South Florida Inc
Nonprofit profile at a glance
- EIN
- 651117147
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Fort Lauderdale, FL, US
- Phone
- (954) 584-4434
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Employment Procurement Assistance
Reported finances
- Revenue
- $6,892,284
- Expenses
- $6,874,837
- Assets
- $1,164,762
- Liabilities
- $768,039
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- NEWTON SANON (PRESIDENT AND CEO)
- VIRGILIO RODRIQUES (VICE PRESIDENT OF PROGRAMS)
- ARLENE CONNELLY (VICE PRESIDENT OF PROGRAMS)
Highest reported compensation
- NEWTON SANON (PRESIDENT AND CEO): $365,369 total reported compensation
- VIRGILIO RODRIQUES (VICE PRESIDENT OF PROGRAMS): $134,891 total reported compensation
- JOSEPH DALTO (VP OF FINANCE AND OPERATIONS): $86,654 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of OIC of South Florida is to provide training and skill development to youth and adults who lack opportunity and resources, providing access to meaningful careers so they become self-sufficient, valued and confident members of their communities.
What it reported doing in 2024
Work force development (wfd)wfd division has assisted several thousands of participants with overcoming barriers to self sufficiency as they transitioned back into the community after incarceration (re entry services), and provide competency based on vocational training to prepare participants for entry into the workforce (pathway). All program participants also received comprehensive case management support and job readiness/placement services to enhance their personal and professional development.
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 79
- Accountability: 100
- Sustainability: 23
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.9%; rating input score 85
- Program expense ratio: 85%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 0.3%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.17; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0.66; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 9.7%; rating input score 31; 31st percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 8% per year; rating input score 100; 50th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 84.9% of revenue deployed · 85% of spending went to programs
- Governance: 11 of 11 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $5.8M in reported program spending
- Leadership: top reported pay $365K · 16 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.6M reported
- Consistency: 30 of 30 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Moderate — Sustainability: Officer compensation ratio scored 31/100.