South Florida Pbs Inc
Nonprofit profile at a glance
- EIN
- 590737868
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Boynton Beach, FL, USA
- Phone
- 3059498321
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- Television
Reported finances
- Revenue
- $29,399,965
- Expenses
- $27,195,931
- Assets
- $28,204,242
- Liabilities
- $7,931,144
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
33 people listed
Executive titles in this filing
- DOLORES FERNANDEZ ALONSO (PRESIDENT & CEO)
Highest reported compensation
- DOLORES FERNANDEZ ALONSO (PRESIDENT & CEO): $756,078 total reported compensation
- JEFFREY HUFF (COO): $268,423 total reported compensation
- PAMELA OLMO (CFO): $256,314 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sfpbs is a vibrant force in the south Florida community that entertains, enlightens, and educates. Our content changes lives, inspires trust, and makes a difference. We reflect the diversity of the region in which we live and work.
What it reported doing in 2024
We broaden the boundaries of communication, and we are agents for innovation and growth; culturally, socially, economically, and historically. Through varied media and technologies we extend the reach of the arts and education, connect organizations and institutions across this diverse region, and preserve south Florida's history, leading the way in this global society. We combine the many voices of our community into a dynamic and vital conversation, serving the greater good. We are a vibrant force in the south Florida community that entertains, enlightens, and educates. We provide content from pbs, from other partners, and of our own creation - programs and services that change lives, inspire trust, and make a difference.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 95
- Accountability: 98
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.9%; rating input score 61
- Program expense ratio: 65.8%; rating input score 66
- Fundraising efficiency: $4.8 raised per $1 spent on fundraising; rating input score 19; 19th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- 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: Yes; rating input score 100
Accountability
- Independent voting board: 95.8%; rating input score 96; 29th 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: 7.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 48; 48th percentile among comparable filings
- Officer compensation ratio: 9.3%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 47th percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 3.4% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 60.9% of revenue deployed · 65.8% of spending went to programs
- Governance: 23 of 24 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $17.9M in reported program spending
- Leadership: top reported pay $756K · 33 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $6.7M reported
- Consistency: 39 of 39 current checks pass
- Schedules: 10 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 9 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 19/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 23/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 48/100.