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Broward College Foundation

Fort Lauderdale, FL · EIN 23-7181959 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Broward College Foundation reported $13.4 million in revenue and $12.0 million in expenses for calendar year 2024. Of every $100 it spent, $79.77 went to program services, $10.88 to management and general costs and $9.35 to fundraising. Its largest source of revenue was investment income: 66.5% of the total. The highest compensation it reported for one person was $328,353 (INTERIM PRES. (THRU 12/2024); BROWARD COLLEGE PRESIDENT (AS OF 12/2024)). Revenue fell 13% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $13M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
79.8%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
10.9%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
9.3%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.28$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
29.5%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
3.1%0.0%
Highest reported compensation
Part VII-A, columns D–F
$328,353$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.73%1.56%
People paid over $100,000
Part VII, line 2
03
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
133.956.6
Independent voting board members
Part VI 1a–1b
13 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$5.3M expenses · 55.1% of program spending · grants $998K

Academic and college support

$4.3M expenses · 44.9% of program spending · grants $4.3M · revenue $419K

Scholarships: are provided to help students attend the college and achieve a higher education

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
INTERIM PRES. (THRU 12/2024); BROWARD COLLEGE PRESIDENT (AS OF 12/2024)
Director/trustee, officer, 1.0 hrs/week
$0$254,050$74,303$328,353
FORMER EXECUTIVE DIRECTOR
Former, 0.0 hrs/week
$0$149,077$42,911$191,988
ACTING VP (THRU 12/2024); EXECUTIVE DIRECTOR (AS OF 12/2024)
Director/trustee, officer, 12.5 hrs/week
$0$142,303$47,576$189,879
EXECUTIVE DIRECTOR (THRU 04/2024)
Director/trustee, officer, 12.5 hrs/week
$0$123,780$39,801$163,581
COLLEGE PRESIDENT (THRU 03/2024)
Director/trustee, officer, 1.0 hrs/week
$0$72,055$23,436$95,491

0 people received more than $100,000 in reportable compensation from Broward College Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$13M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$13M$12M79.8%$134M$328,353
2023 ⓘ$25M$25M86.6%$130M$630,582
2022 ⓘ$15M$11M71.8%$121M$642,035
2021 ⓘ$44M$10M75.4%$138M$559,473
2020 ⓘ$4.7M$8.5M75.3%$92M$545,509
2019 ⓘ$15M$9.9M81.8%$87M$515,733

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 613

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
FUND EVALUATION GROUP
Investment managers
$209,078
BALLARD PARTNERS INC
Consulting lobbying services
$156,000
STINGHOUSE ADVERTISING INC
Advertising & marketing
$123,634

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

12 private foundations reported grants to Broward College Foundation totaling $1.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Broward College Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Broward College Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Broward College Foundation's spending goes to programs?

In calendar year 2024, Broward College Foundation reported that 79.8% of its $12.0 million in expenses went to program services, 10.9% to management and general and 9.3% to fundraising (Form 990, Part IX).

How much does Broward College Foundation pay its top executive?

The largest total compensation Broward College Foundation reported for one person in calendar year 2024 was $328,353, for the role of INTERIM PRES. (THRU 12/2024); BROWARD COLLEGE PRESIDENT (AS OF 12/2024) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Broward College Foundation get its money?

Of $13.4 million in revenue in calendar year 2024, 29.5% came from contributions and grants and 3.1% from program service revenue (Form 990, Part VIII).

Is Broward College Foundation a registered charity?

The IRS lists EIN 23-7181959 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349305387 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202511139349300016 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202332699349300908 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233069349302358 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202132989349300803 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202032409349301143 · read the filing

All filings for EIN 23-7181959: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.