South Florida Progress Foundation Inc

Organization Overview

South Florida Progress Foundation Inc is located in Miami, FL. The organization was established in 1968. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Florida Progress Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, South Florida Progress Foundation Inc generated $219.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $202.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION USES ITS RELATIONSHIP WITH SOUTH FLORIDA PROFESSIONALS, ENTREPRENEURS AND CIVIC LEADERS TO IDENTIFY TOP ISSUES, SET PRIORITIES, AND THEN DEVELOP SOLUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LEADERSHIP MIAMI GENERAL FUND - FUND FOR ALL PROGRAMMING ASSOCIATED WITH LEADERSHIP MIAMI PROGRAMMING. TEAMS ARE FORMED FROM THE PARTICIPANTS WHERE EACH TEAM SELECTS A PROJECT THAT BENEFITS THE COMMUNITY.


UNRESTRICTED FUND - SUPPORTS HIGH QUALITY EDUCATION FOR ALL. THIS INCLUDES DEVELOPMENT OF TALENT AND RETENTION OF TALENT IN SOUTH FLORIDA. THE COMMITTEE SEEKS TO BUILD RELATIONSHIPS WITH PROFESSIONALS AND BUSINESSES IN ORDER TO ADVOCATE, AND SEEK FUNDING FOR EDUCATION CAUSES, AS WELL AS SEEKING TO IMPLEMENT THESE CAUSES TO BENEFIT THE ECONOMIC DEVELOPMENT OF OUR EVER-EVOLVING COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Alfred Sanchez
President
$0
Raquel Egusquiza
Chairman
$0
Albert Lopez
Treasurer
$0
Ashaki Bronson-Marcellus
Secretary
$0
William C Diaz-Rousselot
Member
$0
Felipe Basulto
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$212,236
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$212,236
Total Program Service Revenue$0
Investment income $19
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $219,622

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