South Florida Interactive Marketing Association Inc
Nonprofit profile at a glance
- EIN
- 571181047
- IRS 990-EZ coverage
- 2010–2022
- Forms available
- Form 990-EZ 2022
- Location
- Miami Beach, FL, USA
- Rating
- 36
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $3,196
- Expenses
- $7,610
- Assets
- $29,033
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JOE LARATRO (CO-PRESIDENT)
- PETER LESHAW (CO-PRESIDENT)
People named in this filing
- JOE LARATRO (CO-PRESIDENT)
- PETER LESHAW (CO-PRESIDENT)
- MICHELLE CARROLL (BOARD DIRECTOR)
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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide an educational and networking forum to individuals interested in interactive marketing
What it reported doing in 2022
Due to covid we had a slow start to meetings and the reintroduction of our organization back to south Florida. We were able to hold both online and in person meetings. We had approximately 600 people benefit for the year.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -138.1%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 3.82; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: -13.5% per year; rating input score 0; 22nd percentile among comparable filings
- Asset growth: -10.7% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2010 to 2022
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.