FLORIDA SPORTS FOUNDATION INCORPORATED

EIN: 453113933 501(c)(3) Recreation & Sports

TALLAHASSEE, FL

Total Revenue
$7,326,103
Total Expenses
$7,747,199
Total Assets
$6,288,352
Net Assets
$2,628,908
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
MAICEL GREEN
Phone
8505777200
Tax Period
2024-07-01 to 2025-06-30

FLORIDA SPORTS FOUNDATION INCORPORATED, founded in 2012, is a community nonprofit in the Recreation & Sports sector that reported $7.3M in total revenue in fiscal year 2024.

Mission

FLORIDA SPORTS FOUNDATION (FSF), SERVES AS FLORIDA'S LEAD ORGANIZATION IN PROMOTING AND DEVELOPING FLORIDA'S SPORTS INDUSTRY. IN PARTNERSHIP WITH FLORIDA'S SPORTS COMMISSIONS AND OTHER ORGANIZATIONS THROUGHOUT THE STATE, THE MAIN FOCUS OF FSF IS TO PROMOTE AND DEVELOP PROFESSIONAL, AMATEUR AND PARTICIPATORY SPORTS FOR THE CITIZENS OF FLORIDA AND ATTRACT OUT-OF-STATE VISITORS THROUGH SPORTS, THUS CREATING SIGNIFICANT ECONOMIC BENEFIT FOR FLORIDA. FSF PRIMARILY ACCOMPLISHES THIS MISSION BY PROVIDING GRANTS TO ASSIST COMMUNITIES AND HOST ORGANIZATIONS IN ATTRACTING SPORTS EVENTS, WHICH GENERATE SIGNIFICANT OUT-OF-STATE ECONOMIC IMPACT FOR THE STATE OF FLORIDA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,981,299
Program Service Revenue $261,319
Investment Income $83,485
Other Revenue $0
TOTAL REVENUE $7,326,103

Expense Breakdown

Grants Paid $3,766,594
Salaries & Benefits $1,133,938
Fundraising Expenses $0
Program Expenses $6,792,839
Other Expenses $2,846,667
TOTAL EXPENSES $7,747,199

Year-over-Year Comparison

2024 2023 Change
Revenue $7,326,103 $7,623,116 0.0%
Expenses $7,747,199 $6,437,816 +0.2%
Net Income $-421,096 $1,185,300 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
17
Volunteers
9

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$247,374
Total Directors
10
$39,663
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA SUGGS CEO/PRESIDENT (THRU 10/21/24) 40.00
Officer
$172,670 $35,041 $207,711
EDWARD PRICE VP FINANCE & ADMIN 40.00
Highest
$105,000 $10,500 $115,500
JACQUELINE HIGHTOWER VICE PRESIDENT OPERATIONS 40.00
Highest
$102,000 $10,200 $112,200
MAICEL GREEN CEO/PRESIDENT (BEGAN 4/2025) 40.00
Officer Director
$30,000 $9,663 $39,663
JESSE BITER CHAIRMAN 1.00
Officer Director
$0 $0 $0
MICHAEL DYER MEMBER 1.00
Director
$0 $0 $0
JAY FEASTER MEMBER 1.00
Director
$0 $0 $0
SEAN FLYNN MEMBER 1.00
Director
$0 $0 $0
FRANK GERNERT MEMBER (THRU 03/01/25) 1.00
Director
$0 $0 $0
DANIEL MALASKY MEMBER 1.00
Director
$0 $0 $0
MICHELLE MCGANN MEMBER 1.00
Director
$0 $0 $0
CAROLINE O'CONNOR MEMBER 1.00
Director
$0 $0 $0
MARC WEINROTH MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $7,326,103 $7,747,199 $6,288,352 $-421,096
2024 $7,623,116 $6,437,816 $8,512,802 $1,185,300
2023 $6,266,397 $7,292,845 $4,579,907 $-1,026,448
2022 $5,653,654 $6,831,070 $4,852,318 $-1,177,416
2021 $5,275,010 $4,146,300 $5,544,373 $1,128,710
2020 $5,365,265 $4,719,579 $4,860,956 $645,686
2019 $5,505,417 $5,409,058 $4,537,667 $96,359
2018 $5,386,537 $4,500,897 $5,248,419 $885,640
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