Seminole Boosters Inc is a 501(c)(3) organization based in Tallahassee, Florida, registered in 1975, with $80,561,184 in FY2023 revenue. CharityIndex grades it B+, and it directs about 73% of spending to programs.
Revenue (FY2023)
$80.6M
▼ 9.2% vs prior year
Education median: $200K
Expenses (FY2023)
$91.8M
Net assets
$152.5M
Employees
70
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Seminole Boosters Inc: 73% to programs · $8 to raise $100 earns a B+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Seminole Boosters Inc: 20 mo reserves · -14% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Seminole Boosters Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Seminole Boosters Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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To provide financial support for the students and intercollegiate athletic programs at florida state university.
Other expenditures include disbursements made for capital projects completed for the florida state university department of athletics as well as facilities maintenance expenses incurred to keep facilities functional during the fiscal year.
Other program expenditures include disbursements that further the mission of the seminole boosters, including expenses for various banquets and events, spring tour expenditures, costs to administer the royalty program, additional scholarship expenditures, as well as various other expenditures that promote the education, health and physical welfare of students at florida state university.
Revenue grew from $46.4M (FY2013) to $80.6M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-14.0%
Spent more than it raised in the latest fiscal year.
Total assets
$230.2M
Total liabilities
$77.7M
Net assets
$152.5M
Salaries & benefits
$7.3M
8% of expenses
Board members
55
55 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $80,561,184▼9.2% | $91,821,875▲24.3% | $152,485,402▼5.3% | $230,183,894▼0.3% | 990 |
| 2022 | $88,766,017▲71.0% | $73,899,969▲27.7% | $161,006,151▲11.5% | $230,811,125▲8.0% | 990 |
| 2021 | $51,910,244▲7.3% | $57,864,533▲20.9% | $144,455,335▼8.4% | $213,756,436▼11.3% | 990 |
| 2020 | $48,392,781▼20.5% | $47,876,821▼16.7% | $157,712,341▼3.1% | $240,991,921▼9.0% | 990 |
| 2019 | $60,885,225▼26.9% | $57,467,581▼2.4% | $162,770,722▼3.3% | $264,784,719▼15.5% | 990 |
| 2018 | $83,236,128▲41.7% | $58,881,018▲10.1% | $168,369,424▲17.6% | $313,243,141▲22.7% | 990 |
| 2017 | $58,747,722▲2.0% | $53,495,338▼10.4% | $143,146,276▲7.6% | $255,371,643▲23.9% | 990 |
| 2016 | $57,613,670▲37.0% | $59,679,575▲36.5% | $133,039,088▲2.2% | $206,052,208▼1.8% | 990 |
| 2015 | $42,059,077▼22.6% | $43,710,216▼3.8% | $130,185,143▼6.4% | $209,833,240▼4.1% | 990 |
| 2014 | $54,323,637▲17.0% | $45,455,120▲2.9% | $139,100,442▲4.6% | $218,805,736▲12.8% | 990 |
| 2013 | $46,422,385 | $44,167,531▲21.3% | $132,934,875▲1.9% | $194,045,036▲10.9% | 990 |
| 2012 | — | $36,402,845▼11.9% | $130,431,114▲10.9% | $175,014,902▲7.3% | 990 |
| 2010 | — | $41,304,017 | $117,603,898 | $163,062,331 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Stephen Ponder — $362,152 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stephen Ponder | Ceo/president | 40 | $362,152 |
| Colson Hosford | Vp-dev & Real Estate | 40 | $311,923 |
| Chris Wilson | Svp - Development | 40 | $250,850 |
| Eric Carr | Svp - Dev & Planned Giving | 40 | $204,655 |
| Donald Tomlinson | Dir of Development | 40 | $156,994 |
| Jp Sinclair III | Chief Financial Officer | 40 | $155,362 |
| Derril Beech | Svp - Annual Giving | 40 | $151,673 |
| Andy Norman | Director | 0.25 | — |
| Barry Vaughn | Director | 0.25 | — |
| Beth Langford | Secretary | 0.25 | — |
| Betsy Evans | Director | 0.25 | — |
| Bill Lloyd | Director | 0.25 | — |
| Brad Crenshaw | Director | 0.25 | — |
| Brett Lindquist | Director | 0.25 | — |
| Charles Dudley | Chairman | 0.25 | — |
| Chris Forehand | Director | 0.25 | — |
| Chris Iansiti | Director | 0.25 | — |
| Chris Ligori | Director | 0.25 | — |
| Craig Dewhurst | Director | 0.25 | — |
| Craig Ramsey | Director | 0.25 | — |
| Contractor | Services | Paid |
|---|---|---|
| The Battles' End | Marketing | $8,211,662 |
| The Battles' End | Marketing | $8,211,662 |
| Manhattan-culpepper Construction | Construction | $6,687,712 |
| Manhattan-culpepper Construction | Construction | $6,687,712 |
| Populous | Design | $5,859,665 |
| Populous | Design | $5,859,665 |
| Childers Construction Company | Construction | $3,406,508 |
| Childers Construction Company | Construction | $3,406,508 |
| Legends Hospitality LLC | Food Services | $2,322,437 |
| Legends Hospitality LLC | Food Services | $2,322,437 |
98 grants to Seminole Boosters Inc totaling $12.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
2 grants totaling $6.7M in FY2023. All grants made by Seminole Boosters Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Fsu Financial Assistance Inc | Overall funding and debt payments | $3,337,364 |
| Fsu Financial Assistance Inc | Overall funding and debt payments | $3,337,364 |
Explore more
Data for Seminole Boosters Inc (EIN 59-1561180) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.