Florida Collegiate Summer League Inc
- Assets
- $125.0k
- Revenue
- $434.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Longwood, FL
- Founding
- 04/2004
- Data as of
- 12/2020
- EIN
- 20-0921688
Organization Overview
Florida Collegiate Summer League Inc is located in Longwood, FL. The organization was established in 2004. According to its NTEE Classification (N62) the organization is classified as: Basketball, under the broad grouping of Recreation & Sports and related organizations. As of 12/2020, Florida Collegiate Summer League Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Collegiate Summer League 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 12/2020, Florida Collegiate Summer League Inc generated $434.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $489.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE FCSL IS TO PROVIDE A PLACE FOR COLLEGE BASEBALL PLAYERS TO PLAY PURE WOOD BAT BASEBALL AGAINST TOP LEVEL COMPETITION IN A COMMUNITY ENVIRONMENT, THE FCSL IS COMMITTED TO COMMUNITY BUILDING AND SERVING AS A BENEFIT TO MANY CENTRAL FLORIDA COMMUNITIES WITH A FAMILY FRIENDLY ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FCSL OPERATES A COLLEGIATE BASEBALL LEAGUE FOR COLLEGE PLAYERS TO PLAY AGAINST TOP LEVEL COMPETITION. PLAYERS COME TO OUR LEAGUE FROM ACROSS THE NATION IN HOPES OF GAINING EXPOSURE TO COLLEGE AND PROFESSIONAL SCOUTS. THEY ALSO COME TO IMPROVE THEIR SKILLS. OUR GAMES ARE FAMILY FRIENDLY AND SERVE AS A COMMUNITY BENEFIT TO CENTRAL FLORIDA.
THE FCSL OPERATES A COLLEGIATE BASEBALL LEAGUE FOR COLLEGE PLAYERS TO PLAY AGAINST TOP LEVEL COMPETITION. PLAYERS COME TO OUR LEAGUE FROM ACROSS THE NATION IN HOPES OF GAINING EXPOSURE TO COLLEGE AND PROFESSIONAL SCOUTS. THEY ALSO COME TO IMPROVE THEIR SKILLS. OUR GAMES ARE FAMILY FRIENDLY AND SERVE AS A COMMUNITY BENEFIT TO CENTRAL FLORIDA.
THE FCSL OPERATES A COLLEGIATE BASEBALL LEAGUE FOR COLLEGE PLAYERS TO PLAY AGAINST TOP LEVEL COMPETITION. PLAYERS COME TO OUR LEAGUE FROM ACROSS THE NATION IN HOPES OF GAINING EXPOSURE TO COLLEGE AND PROFESSIONAL SCOUTS. THEY ALSO COME TO IMPROVE THEIR SKILLS. OUR GAMES ARE FAMILY FRIENDLY AND SERVE AS A COMMUNITY BENEFIT TO CENTRAL FLORIDA.
THE FCSL OPERATES A COLLEGIATE BASEBALL LEAGUE FOR COLLEGE PLAYERS TO PLAY AGAINST TOP LEVEL COMPETITION. PLAYERS COME TO OUR LEAGUE FROM ACROSS THE NATION IN HOPES OF GAINING EXPOSURE TO COLLEGE AND PROFESSIONAL SCOUTS. THEY ALSO COME TO IMPROVE THEIR SKILLS. OUR GAMES ARE FAMILY FRIENDLY AND SERVE AS A COMMUNITY BENEFIT TO CENTRAL FLORIDA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stefano Foggi President | OfficerTrustee | 40 | $60,500 |
Rob Sitz Commissioner | OfficerTrustee | 2 | $0 |
Kevin Davidson Chairman | Trustee | 2 | $0 |
Mark Lowrey Board Member | Trustee | 2 | $0 |
John Meier Board Member | Trustee | 2 | $0 |
Paul Missigman Board Member | Trustee | 2 | $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 | $97,556 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,556 |
| Total Program Service Revenue | $284,375 |
| Investment income | $0 |
| 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 | $434,402 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,500 |
| Compensation of current officers, directors, key employees. | $60,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,513 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45,910 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,200 |
| Travel | $675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,700 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,085 |
| Insurance | $0 |
| All other expenses | $115,092 |
| Total functional expenses | $489,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,852 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,128 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $124,980 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $46,479 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $77,917 |
| Other liabilities | $149,900 |
| Total liabilities | $274,296 |
| Net assets without donor restrictions | -$149,316 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $124,980 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Collegiate Summer League Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Edward E Haddock Jr Family Foundation Orlando, FL PURPOSE: GENERAL & UNRESTRICTED | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Basketball Host Committee Inc Atlanta, GA | $206,440 | $2,456,960 |
Womens Basketball Coaches Assoc Lilburn, GA | $4,492,393 | $3,129,044 |
Peace Cdc Inc Miami, FL | $147,371 | $831,617 |
Atlanta Tip Off Club Inc Atlanta, GA | $927,333 | $681,924 |
Florida Collegiate Summer League Inc Longwood, FL | $124,980 | $434,402 |
Classic Basketball Inc Fort Myers, FL | $189,433 | $433,611 |
Team Griffin Foundation Atlanta, GA | $82,092 | $394,182 |
Jacksonville Beach Baseball Association Inc Jacksonville Beach, FL | $178,033 | $333,722 |
Southern Basketball Camps Homewood, AL | $50,938 | $326,330 |
East Marietta Basketball Inc Marietta, GA | $142,713 | $286,045 |
Boca Hoops Inc Boca Raton, FL | $57,862 | $304,347 |
Greater Georgia Basketball Officials Inc Smyrna, GA | $3,347 | $252,473 |