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Filing year 2023

SOUTH FLORIDA PROGRESS FOUNDATION INC

Miami, Florida·EIN 59-6216592·501(c)(3)
Total revenue
$209k
Total assets
$158k
Total expenses
$213k
Reported officers
7
Mission

THE FOUNDATION WORKS TO LEVERAGE ITS RELATIONSHIP WITH SOUTH FLORIDA PROFESSIONALS AND CIVIC LEADERS TO IDENTIFY TOP ISSUES, PRIORITIZE THEM THROUGH CONSENSUS, AND THEN DEVELOP AND IMPLEMENT SOLUTIONSTHROUGH PROGRAMMATIC ACTIVITY, ALL FUNDED BY MEMBER DONATIONS, ENDOWMENTS AND GRANTS. THROUGH STRATEGIC PARTNERSHIPS WITH LOCAL ORGANIZATIONS COMMITTED TO THE BETTERMENT OF SOUTH FLORIDA, THE EFFECTIVENESS OF AND NEED FOR THE FOUNDATION'S VARIOUS INITIATIVES ARE REVIEWED AND PRIORITIZED ANNUALLY. THESE INITIATIVES INCLUDE:1. SOUTH FLORIDA QUALITY OF LIFE ISSUES:O EDUCATIONO TRANSPORTATIONO EXPANSION AND ENHANCEMENT OF CULTURAL OFFERINGSO ENVIRONMENTAL ISSUESO HURRICANE PREPAREDNESS AND RECOVERY2. DIVERSITY ISSUES3. COLLEGE SCHOLARSHIPS FOR STUDENTS INTERESTED IN PURSING CAREERS INBUSINESS, LAW OR GOVERNMENT

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
10th to 25th percentile
$41k
$45k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 6 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 92%
from 2022

From $21k in 2022 to $41k in 2023.

$21k
2022
$41k
2023
In today's dollarsEst.
Up 79% in real terms$25k to $45k

Estimated with Miami-Fort Lauderdale-West Palm Beach, FL metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 92% from 2022 to 2023, while revenue fell 28%.

$21k in 2022 to $41k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

SOUTH FLORIDA PROGRESS FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$290k
$265k
2022
$209k
$213k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about SOUTH FLORIDA PROGRESS FOUNDATION INC

What does the Chief Executive Officer of SOUTH FLORIDA PROGRESS FOUNDATION INC earn?

In 2023, the Chief Executive Officer of SOUTH FLORIDA PROGRESS FOUNDATION INC received $40,950 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at SOUTH FLORIDA PROGRESS FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at SOUTH FLORIDA PROGRESS FOUNDATION INC falls between the 10th and 25th percentiles.

What are SOUTH FLORIDA PROGRESS FOUNDATION INC's revenue and expenses?

In 2023, SOUTH FLORIDA PROGRESS FOUNDATION INC reported $209k in total revenue and $213k in total expenses on its IRS Form 990.

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