Charity Search / MIAMI BEACH WATERSPORTS CENTER INC
Other (Z99) IRS Verified DX Registered 990 on File

MIAMI BEACH WATERSPORTS CENTER INC

EIN: 65-0592531 · MIAMI BEACH, FL 33141-5805 · United States · FY 2025 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 96/100
Reliability (20%) 55/100
Effectiveness (25%) 81/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$954K
Total Revenue
$989K
Total Expenses
$907K
Net Assets
14
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.7%
Fundraising Efficiency N/A
Operating Reserve 11.00x
Liability-to-Asset 6.2%
Revenue Diversification 54.6%
Executive Compensation $77K
Compared with Peers
FY 2025
Compared with 528 similar organizations (United States, NTEE Z, $100K–$1M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.7% 88.5%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
12.3% 9.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
11.0 mo 13.1 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
6.2% 0.4%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
54.6% 87.6%
P10P90
Top quarter
Surplus margin
Surplus as a share of revenue
-3.7% 2.7%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $954K $989K $907K 87.7% 14
2023 $1.0M $978K $83K 91.8% 18
2022 $1.1M $864K $32K 91.2% 19
2021 $831K $890K N/A — 12
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Organization Details
EIN
65-0592531
State
FL
City
MIAMI BEACH
ZIP
33141-5805
Classification
Z99
Category
Other
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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