South Florida Design Park
Nonprofit profile at a glance
- EIN
- 471477333
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2013
- Location
- Hollywood, FL, USA
- Phone
- 9548749201
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $40,809
- Expenses
- $56,753
- Assets
- $8,759
- Liabilities
- $775
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- John Nelson (President)
People named in this filing
- John Nelson (President)
- Jill Sauer (Secretary / Treasurer)
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
See line 28 below
What it reported doing in 2024
To promote the businesses located in the South Florida Design Park by developing a marketing campaign and to organize events to be hosted by theSouth Florida Design Park.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 71.9%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -39.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -0.5% per year; rating input score 0; 46th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -0% per year; rating input score 0; 38th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 71.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $41K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.