South Florida Sports Foundation Inc

What it reported doing in 2024

See schedule othe foundation supports various community programs and organizations consistent with its mission (i.e., to support health, education, and volunteerism in south Florida, and to improve the lives of people and communities in need). Examples of initiatives and programs supported by the foundation include, but are not limited to, 5,000 role models, ywca, and big brothers.hurricane relief - hurricane season is from june - december each year. The south Florida region and its caribbean neighbors are at risk of damage should a hurricane hit. This fund helps the miami dolphins to assist in the restoration of communities that have been impacted by a hurricane.social justice - the miami dolphins' goal is to level the playing field through the power of teamwork to inspire a healthier, more educated and united south Florida community. We believe it is important to be inclusive of the diversity and aware of the intersections that make up south Florida, uniting groups of different races, genders, sexual orientations, identities, abilities and faith around the power of football. The foundation also provides scholarships to students nominated by miami-dade county schools in support of these goals.nfl grants disbursements - grants received from the nfl foundation partially fund coach of the week, athletic trainers, play 60, volunteer program, hometown huddle, crucial catch, social justice, salute to service and social responsibility. The foundation manages and disburses funds to support programming in the community. Community programs - miami dolphins sponsorship deals that have a community component (community relations or youth programs), have their allotted funds deposited into this account for use to fulfill the contracted community events.nat moore endowment scholarship fund - the nat moore scholarship endowment will provide scholarships to graduating seniors from high schools in miami-dade, broward, palm beach and monroe counties. No restriction is placed on the student's choice of school or discipline of study. The number of scholarships awarded is based on the funding available and the number of quality applications received. The scholarships are primarily distributed directly to colleges over four years, which helps to ensure that the student remains in school. The 2024 nmef recipient award amount is $51,852; and twelve awards will be disbursed in increments of $2,500 per year for four (4) years. The total nmef scholarships disbursed in 2024 for 2021-2024 scholarship recipients totals $62,500. Total fmu scholarship amount is $100,000 - construction trade.

Financial Efficiency

• Mission deployment rate: 49.9%; rating input score 50
• Program expense ratio: 75.6%; rating input score 76
• Fundraising efficiency: $25.36 raised per $1 spent on fundraising; rating input score 65; 65th percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 81.9%; rating input score 82; 22nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 60%; rating input score 60; 9th percentile among comparable filings
• Governance controls: 5 of 7 controls in place; rating input score 71
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 43.7%; rating input score 90; 90th percentile among comparable filings
• Total-asset coverage ratio: 2.64; rating input score 70; 70th percentile among comparable filings
• Liabilities to assets ratio: 0.03; rating input score 77; 77th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings

Growth

• Program expense growth: 8.2% per year; rating input score 100; 57th percentile among comparable filings
• Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 12.6% per year; rating input score 100; 68th percentile among comparable filings