Civic Intelligence

South Florida Bond Traders Assn Inc

EIN 27-5465812 • 501(c)6 • Boca Raton, FL

Profile

The south florida bond traders association (sfbta) is a non-profit, tax- exempt organization whose membership is comprised of investment and trading professionals from the south florida area, representing many firms involved in the buying,selling, and trading of fixed income securities. Sfbta is committed to the following objectives: provide members with educational opportunities relating to current issues facing the industry; sponsor social and networking events to encourage members and other industry professionals to develop and deepen professional relationships; support the south florida community through funding of local charities and scholarships.

474 NE 6th StreetBoca Raton, FL 33432

southfloridabondtraders.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.00x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

53rd percentile

0.00x

Higher debt load relative to revenue than 53% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

66%

Faster asset growth than 93% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

89th percentile

48%

Faster revenue growth than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$145,702

Down $3,157 (-2.1%) from 2022

Liabilities

Up

$698

Up $698 from 2022

Net Assets

Down

$145,004

Down $3,855 (-2.6%) from 2022

Revenue

Up

$460,088

Up $308,072 (+203%) from 2022

Expenses

Up

$402,851

Up $256,865 (+176%) from 2022

Net Income

Up

$57,237

Up $51,207 (+849%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2012: $127,028Liabilities 2012: $0Net Assets 2012: $127,0282012Assets 2013: $142,826Liabilities 2013: $0Net Assets 2013: $142,8262013Assets 2014: $112,926Liabilities 2014: $0Net Assets 2014: $112,9262014Assets 2015: $174,614Liabilities 2015: $0Net Assets 2015: $174,6142015Assets 2016: $106,868Liabilities 2016: $0Net Assets 2016: $106,8682016Assets 2017: $144,448Liabilities 2017: $0Net Assets 2017: $144,4482017Assets 2019: $139,933Liabilities 2019: $0Net Assets 2019: $139,9332019Assets 2020: $96,977Liabilities 2020: $0Net Assets 2020: $96,9772020Assets 2021: $142,829Liabilities 2021: $0Net Assets 2021: $142,8292021Assets 2022: $148,859Liabilities 2022: $0Net Assets 2022: $148,8592022Assets 2024: $145,702Liabilities 2024: $698Net Assets 2024: $145,0042024

Highlighted filing

2024

Assets$145,702
Liabilities$698
Net Assets$145,004

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $112,5792012Revenue 2013: $248,116Expenses 2013: $232,318Net Income 2013: $15,7982013Revenue 2014: $175,009Expenses 2014: $204,909Net Income 2014: -$29,9002014Revenue 2015: $280,321Expenses 2015: $218,633Net Income 2015: $61,6882015Revenue 2016: $181,102Expenses 2016: $248,848Net Income 2016: -$67,7462016Revenue 2017: $252,823Expenses 2017: $215,243Net Income 2017: $37,5802017Revenue 2019: $259,982Expenses 2019: $247,168Net Income 2019: $12,8142019Revenue 2020: $168,318Expenses 2020: $211,274Net Income 2020: -$42,9562020Revenue 2021: $123,173Expenses 2021: $77,321Net Income 2021: $45,8522021Revenue 2022: $152,016Expenses 2022: $145,986Net Income 2022: $6,0302022Revenue 2024: $460,088Expenses 2024: $402,851Net Income 2024: $57,2372024

Highlighted filing

2024

Revenue$460,088
Expenses$402,851
Net Income$57,237

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.01$1.45$4.60$4.03$0.57
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.00$1.49$1.52$1.46$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.00$1.43$1.23$0.77$0.46
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$1.68$2.11$0.43
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.00$1.40$2.60$2.47$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$2.53$2.15$0.38
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.00$1.07$1.81$2.49$0.68
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.00$1.75$2.80$2.19$0.62
2014Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$1.75$2.05$0.30
2013Detailed filing. Detailed filing data is available for this year.$1.43$0.00$1.43$2.48$2.32$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$1.13
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 4, 2023
Return Version
2022v5.0
Gross Receipts
$152,016
Mission and Program Overview

Mission

The south florida bond traders association (sfbta) is a non-profit, tax- exempt organization whose membership is comprised of investment and trading professionals from the south florida area, representing many firms involved in the buying,selling, and trading of fixed income securities. Sfbta is committed to the following objectives: provide members with educational opportunities relating to current issues facing the industry; sponsor social and networking events to encourage members and other industry professionals to develop and deepen professional relationships; support the south florida community through funding of local charities and scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$142,829$148,859▲ $6,030
Total Assets$142,829$148,859▲ $6,030
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$142,829$148,859▲ $6,030
Total Net Assets Fund Balance$142,829$148,859▲ $6,030
Total Liabilities and Net Assets / Fund Balance$142,829$148,859▲ $6,030

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,100$5,100
Compensation and Service Providers

Board Members and Trustees

NameTitle
George BarbarPresident
Alain TroadecDirector
Beau BrudzinskiDirector
Claude SeideDirector
David BoveDirector
John TessarDirector
Laura TrimarcoDirector
Michael DrewsDirector
Robert PedrettiDirector
Thomas KaneDirector
Krista MartinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$152,016
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$6,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,486
Grants and Similar Amounts Paid$12,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$131,475$1,236-$132,711
Grants to Domestic Orgs$12,500--$12,500
Fees for Services Accounting-$775-$775
Total Functional Expenses$143,975$2,011$0$145,986
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Freedom HuntersElizabeth, CO-General$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 was provided to the officers and directors for their review and approval prior to filing.

Form 990, Page 6, Part VI, Line 19

The organization does not currently have governing documents or a conflicts of interest policy and did not provide its financial statements to the public during the year. The organization will provide its financial statements to any member upon request.

Filing and Contact Details

Filer

Filer Name
South Florida Bond Traders Assn Inc
EIN
27-5465812
Phone
5613024343
Address
474 NE 6TH STREET, BOCA RATON, FL 33432

Signing Officer

Name
George Barbar
Title
President
Phone
5613024343
Signed
2023-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Barbar
Formed
2011
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Weinstock Lovegrove & Reeg
Address
6111 BROKEN SOUND PKWY NW STE 140, BOCA RATON, FL 33487-2774
Preparer
Mark Weinstock CPA
Phone
9543457075
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The south florida bond traders association (sfbta) is a non-profit, tax- exempt organization whose membership is comprised of investment and trading professionals from the south florida area, representing many firms involved in the buying,selling, and trading of fixed income securities. Sfbta is committed to the following objectives: provide members with educational opportunities relating to current issues facing the industry; sponsor social and networking events to encourage members and other industry professionals to develop and deepen professional relationships; support the south florida community through funding of local charities and scholarships.

Form 990, Page 2, Part III, Line 4D

In 2011, the foundation was formed and organized with the first program event taking place in 2012. The inaugural south florida bond traders association (sfbta) conference was held in february 2012 at the boca raton resort and club, bringing together fixed income professionals from throughout the country for two days of education and networking. The conference has been held annually since then. In addition, the foundation has expanded its focus to include a corporate sponsorship program providing the opportunity for organizations to become invlolved in the industry and local community.

Form 990, Part IX, Line 11G

License & permits 0 61 0 program conferences 131,475 0 0 website maintenance 0 1,175 0 total 131,475 1,236 0

Raw XML Appendix297 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOUTH FLORIDA BOND TRADERS ASSOCIATION (SFBTA) IS A NON-PROFIT, TAX- EXEMPT ORGANIZATION WHOSE MEMBERSHIP IS COMPRISED OF INVESTMENT AND TRADING PROFESSIONALS FROM THE SOUTH FLORIDA AREA, REPRESENTING MANY FIRMS INVOLVED IN THE BUYING,SELLING, AND TRADING OF FIXED INCOME SECURITIES. SFBTA IS COMMITTED TO THE FOLLOWING OBJECTIVES: PROVIDE MEMBERS WITH EDUCATIONAL OPPORTUNITIES RELATING TO CURRENT ISSUES FACING THE INDUSTRY; SPONSOR SOCIAL AND NETWORKING EVENTS TO ENCOURAGE MEMBERS AND OTHER INDUSTRY PROFESSIONALS TO DEVELOP AND DEEPEN PROFESSIONAL RELATIONSHIPS; SUPPORT THE SOUTH FLORIDA COMMUNITY THROUGH FUNDING OF LOCAL CHARITIES AND SCHOLARSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN 2011, THE FOUNDATION WAS FORMED AND ORGANIZED WITH THE FIRST PROGRAM EVENT TAKING PLACE IN 2012. THE INAUGURAL SOUTH FLORIDA BOND TRADERS ASSOCIATION (SFBTA) CONFERENCE WAS HELD IN FEBRUARY 2012 AT THE BOCA RATON RESORT AND CLUB, BRINGING TOGETHER FIXED INCOME PROFESSIONALS FROM THROUGHOUT THE COUNTRY FOR TWO DAYS OF EDUCATION AND NETWORKING. THE CONFERENCE HAS BEEN HELD ANNUALLY SINCE THEN. IN ADDITION, THE FOUNDATION HAS EXPANDED ITS FOCUS TO INCLUDE A CORPORATE SPONSORSHIP PROGRAM PROVIDING THE OPPORTUNITY FOR ORGANIZATIONS TO BECOME INVLOLVED IN THE INDUSTRY AND LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 WAS PROVIDED TO THE OFFICERS AND DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT CURRENTLY HAVE GOVERNING DOCUMENTS OR A CONFLICTS OF INTEREST POLICY AND DID NOT PROVIDE ITS FINANCIAL STATEMENTS TO THE PUBLIC DURING THE YEAR. THE ORGANIZATION WILL PROVIDE ITS FINANCIAL STATEMENTS TO ANY MEMBER UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LICENSE & PERMITS 0 61 0 PROGRAM CONFERENCES 131,475 0 0 WEBSITE MAINTENANCE 0 1,175 0 TOTAL 131,475 1,236 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TotalOtherProgSrvcExpenseAmt0143975
IRS990/TotalOtherProgSrvcGrantAmt012500
IRS990/TotalOtherProgSrvcRevenueAmt0152016
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IRS990/TotalProgramServiceRevenueAmt0152016
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0152016
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IRS990/USAddress/CityNm0BOCA RATON
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE BARBAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH FLORIDA BOND TRADERS ASSN INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463326038
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEINSTOCK LOVEGROVE & REEG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06111 BROKEN SOUND PKWY NW STE 140
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOCA RATON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0334872774
ReturnHeader/PreparerPersonGrp/PhoneNum09543457075
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK WEINSTOCK CPA
ReturnHeader/ReturnTs02023-11-14T17:05:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GEORGE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARBAR
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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