SEMINOLE BOOSTERS INC Charity Report

Public IRS 990 nonprofit record

SEMINOLE BOOSTERS INC

EIN 59-1561180 · Education (B110)

What they do

SEMINOLE BOOSTERS, INC. WAS CREATED AS A NOT-FOR-PROFIT ORGANIZATION to STIMULATE and PROMOTE THE EDUCATION, HEALTH, and PHYSICAL WELFARE of THE STUDENT of FLORIDA STATE UNIVERSITY BY PROVIDING FINANCIAL SUPPORT for THE INTERCOLLEGIATE ATHLETIC PROGRAM AT FSU.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders64 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.88%of revenue went to mission work84.5% of expenses · Program services

7.24%of revenue went to fundraising6.1% of expenses

$118.27spent for every $100 of revenueSpending was higher than revenue this year.

11.15%of revenue went to management and office costs9.4% of expenses

$2.26in assets for every $1 spent this yearSome assets cannot be spent right away.

82.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $15,010,210 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $417,826 for STEPHEN PONDER (CEO/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$82,147,704

Mission workProgram services$82,052,29699.88% of revenue84.5% of expenses

ManagementOffice and general costs$9,162,11111.15% of revenue9.4% of expenses

FundraisingAsking for donations$5,943,5077.24% of revenue6.1% of expenses

Total expenses$97,157,914118.27% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.5% mission · 9.4% management · 6.1% fundraisingTotal expenses: 118.27% of revenue

2023Expense mix: 73.3% mission · 20.7% management · 6.0% fundraisingTotal expenses: 113.98% of revenue

2022Expense mix: 84.4% mission · 9.8% management · 5.8% fundraisingTotal expenses: 83.25% of revenue

2021Expense mix: 83.3% mission · 11.2% management · 5.5% fundraisingTotal expenses: 111.47% of revenue

2020Expense mix: 77.5% mission · 13.2% management · 9.2% fundraisingTotal expenses: 98.93% of revenue

2019Expense mix: 82.1% mission · 11.7% management · 6.2% fundraisingTotal expenses: 94.39% of revenue

2018Expense mix: 83.2% mission · 10.8% management · 5.9% fundraisingTotal expenses: 70.74% of revenue

2017Expense mix: 82.4% mission · 11.1% management · 6.5% fundraisingTotal expenses: 91.06% of revenue

Money in and money out

Revenue$82,147,704

Expenses$97,157,914

Annual shortfall $15,010,210 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$82,052,296 · 84.5% of expenses

Management and office costs$9,162,111 · 9.4% of expenses

Fundraising$5,943,507 · 6.1% of expenses

See all reported dollar amounts

Revenue$82,147,704

Expenses$97,157,914

Assets$219,428,499

Income$90,902,082

Contributions$68,135,512

Mission work (program services)$82,052,296

Fundraising$5,943,507

Grants given$84,608,317

Average grant$7,050,693

Management and general$9,162,111

Executive compensation (total)$540,647

Stocks and bonds$9,341,775

Accounting fees$211,752

Investing fees$700,864

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEPHEN PONDERCEO/PRESIDENT · 40 hrs/week $417,826Base $390,877 · Other $26,949

COLSON HOSFORDVP-DEV & REAL ESTATE · 40 hrs/week $326,898Base $312,511 · Other $14,387

RICK MCCULLOUGHDIRECTOR $313,857Base · Other $313,857

CHRIS WILSONEVP - DEVELOPMENT · 40 hrs/week $297,448Base $279,578 · Other $17,870

ERIC CARRSVP - DEV & PLANNED GIVING · 40 hrs/week $244,202Base $229,486 · Other $14,716

JP SINCLAIR IIICHIEF FINANCIAL OFFICER · 40 hrs/week $203,083Base $185,613 · Other $17,470

MARK CAMERONSVP - DEVELOPMENT · 40 hrs/week $190,907Base $178,068 · Other $12,839

DERRIL BEECHSVP - ANNUAL GIVING · 40 hrs/week $189,000Base $173,608 · Other $15,392

MICHAEL ALFORDDIRECTOR $56,262Base · Other $56,262

MIKE BRADYDIRECTOR $53,352Base · Other $53,352

MARLA VICKERSDIRECTOR $44,302Base · Other $44,302

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (64)

STEPHEN PONDERCEO/PRESIDENT

COLSON HOSFORDVP-DEV & REAL ESTATE

RICK MCCULLOUGHDIRECTOR

CHRIS WILSONEVP - DEVELOPMENT

ERIC CARRSVP - DEV & PLANNED GIVING

JP SINCLAIR IIICHIEF FINANCIAL OFFICER

MARK CAMERONSVP - DEVELOPMENT

DERRIL BEECHSVP - ANNUAL GIVING

MICHAEL ALFORDDIRECTOR

MIKE BRADYDIRECTOR

MARLA VICKERSDIRECTOR

MICHAEL RENDINADIRECTOR

PETER BOULWAREDIRECTOR

NADA USINADIRECTOR

MOISES ISSADIRECTOR

MIKE KOSLOSKEDIRECTOR

RICH HEFFLEYDIRECTOR

MARK HILLISDIRECTOR

MARIA SCHNEIDERDIRECTOR

MADDIE DUNBARDIRECTOR

LOUIS TAORMINADIRECTOR

PETER COLLINSDIRECTOR

PHILIP TROYERVICE CHAIRMAN

KURT SCHAFERDIRECTOR

SCOTT DARLINGDIRECTOR

SCOTT WITTDIRECTOR

SHANE LOCKEDIRECTOR

SHANNON LIBBERTDIRECTOR

SHERI THOMSONDIRECTOR

SLATON MURRAYDIRECTOR

STEVE MAYDIRECTOR

STEVEN SMITHDIRECTOR

TERI MILLERDIRECTOR

TREY MCCARLEYDIRECTOR

WARNER PEACOCKCHAIRMAN

ELIZABETH WARINGDIRECTOR

ANDY NORMANTREASURER

BARRY VAUGHNDIRECTOR

BETH LANGFORDDIRECTOR

BETSY EVANSSECRETARY

BILL LLOYDDIRECTOR

BRAD CRENSHAWDIRECTOR

CHARLIE DUDLEYIMMEDIATE PAST CHAIR

CHRIS FOREHANDDIRECTOR

CHRIS IANSITIDIRECTOR

CHRIS LIGORIDIRECTOR

CLARK BROWNDIRECTOR

DIANE DODICHDIRECTOR

DR PHIL FORDDIRECTOR

ELEANOR CONNANDIRECTOR

LES PANTIN IIIDIRECTOR

ERICKA FRANZDIRECTOR

FLECIA BRASWELLDIRECTOR

GARRISON BURRDIRECTOR

JAMES GUSTAFSONDIRECTOR

JAVI BORGESDIRECTOR

JEFF STOOPSDIRECTOR

JERI DAMASIEWICZDIRECTOR

JIMMY GRAGANELLA2ND IMMEDIATE PAST CHAIR

JORGE AZORDIRECTOR

JORGE GUTIERREZ JRDIRECTOR

KENT KNISLEYDIRECTOR

ALAN FLAUMENHAFTDIRECTOR

LES AKERSDIRECTOR

About this charity

Recognized since: January 1975
Location: PO BOX 1353, TALLAHASSEE, FL 323021353
County: Leon
In care of: JP SINCLAIR III
Primary officer: JP SINCLAIR III, CFO

How to reach them

WebsiteVisit the charity’s website Phone(850) 644-8803

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: THOMAS HOWELL FERGUSON PA
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes