South Florida Black Journalists
Nonprofit profile at a glance
- EIN
- 650557698
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Lauderhill, FL, USA
- Phone
- 9549080123
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $173,873
- Expenses
- $105,428
- Assets
- $163,822
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Chelsea Jones (President)
- Torrance Latham (Vice President)
People named in this filing
- Chelsea Jones (President)
- Torrance Latham (Vice President)
- Tavares Jones (Secretary)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To operate exclusively for charitable and educational purposes, including but not limited to holding seminars to educate the public on how to have better access to the media, provide scholarships to minority journalism students, educational outreach.
What it reported doing in 2024
Charitable and educational scholarships provided to students.
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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.3%; rating input score 17
- Program expense ratio: 28.5%; rating input score 28
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 39.4%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.55; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -3.1% per year; rating input score 0; 22nd percentile among comparable filings
- Revenue growth: 24.7% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 28.5% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 17.3% of revenue deployed · 28.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 17/100.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- High — Growth: Program expense growth scored 0/100.