2026-05-15T15:47:03-05:00 2025-06-30 593186310 THOMAS HOWELL FERGUSON PA 2615 CENTENNIAL BLVD SUITE 200 TALLAHASSEE FL 32308 990 2024-07-01 591561180 SEMINOLE BOOSTERS INC SEMI 8506448803 PO BOX 1353 TALLAHASSEE FL 323021353 JP SINCLAIR III CFO 8506448803 2026-05-14 1 0 BENJAMIN MOON P01917062 8506688100 2024 2025-03-06 01:10:19Z JP SINCLAIR III PO BOX 1353 TALLAHASSEE FL 323021353 90902082 0 X WWW.SEMINOLE-BOOSTERS.COM X 1974 FL TO PROVIDE FINANCIAL SUPPORT FOR THE STUDENTS AND INTERCOLLEGIATE ATHLETIC PROGRAMS AT FLORIDA STATE UNIVERSITY. 57 53 271 115 1742587 274953 66408006 68135512 3600351 4174822 1762217 1266640 8790610 8570730 80561184 82147704 3337364 58307004 0 0 7279045 7833014 0 0 5943507 81205466 31017896 91821875 97157914 -11260691 -15010210 230183894 219428499 77698492 84207216 152485402 135221283 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. 0 0 26909613 26909613 EXPENDITURES INCLUDE DISBURSEMENTS MADE TO FLORIDA STATE UNIVERSITY DEPARTMENT OF ATHLETICS, DISBURSEMENTS MADE TO FLORIDA STATE UNIVERSITY, AND TRANSFERS TO FSU FINANCIAL ASSISTANCE AND FSU ATHLETIC ASSOCIATION. THESE DISBURSEMENTS INCLUDE, ATHLETIC DEVELOPMENT FUND PAYMENTS TO SUPPLEMENT ATHLETIC DEPARTMENT SALARIES, OPERATING TRANSFERS TO HELP PAY STUDENT ATHLETE SCHOLARSHIPS, ON BEHALF OF DISBURSEMENTS TO SUPPORT VARIOUS OTHER SPORT NEEDS, UNIVERSITY PRESIDENTAL TRANSFERS TO SUPPLEMENT THE FUNDRAISING EFFORTS OF THE UNIVERSITY PRESIDENT, RESTRICTED DISBURSEMENTS MADE BY INDIVIDUAL SPORTS FROM SPECIFIC RESTRICTED ACCOUNTS TO ALLOW CONTINUED INCREASED PERFORMANCE IN EACH SPORT, AND TRANSFERS OF FUNDS COLLECTED TO PAY THE DEBT SERVICE OF FSU FINANCIAL ASSISTANCE. 2702108 OTHER EXPENDITURES INCLUDE DISBURSEMENTS MADE FOR CAPITAL PROJECTS COMPLETED FOR THE FLORIDA STATE UNIVERSITY DEPARTMENT OF ATHLETICS AS WELL AS FACILITIES MAINTENANCE EXPENSES INCURRED TO KEEP FACILITIES FUNCTIONAL DURING THE FISCAL YEAR. 52440575 31397391 4181294 OTHER PROGRAM EXPENDITURES INCLUDE DISBURSEMENTS THAT FURTHER THE MISSION OF THE SEMINOLE BOOSTERS, INCLUDING EXPENSES FOR VARIOUS BANQUETS AND EVENTS, SPRING TOUR EXPENDITURES, COSTS TO ADMINISTER THE ROYALTY PROGRAM, ADDITIONAL SCHOLARSHIP EXPENDITURES, AS WELL AS VARIOUS OTHER EXPENDITURES THAT PROMOTE THE EDUCATION, HEALTH AND PHYSICAL WELFARE OF STUDENTS AT FLORIDA STATE UNIVERSITY. 82052296 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 140 0 271 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 57 53 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X ORGANIZATION FSU 8506448803 UNIVERSITY CENTER SUITE C-5100 TALLAHASSEE FL 32306 ALAN FLAUMENHAFT DIRECTOR 0.25 X 0 0 0 ANDY NORMAN TREASURER 0.25 X X 0 0 0 BARRY VAUGHN DIRECTOR 0.25 X 0 0 0 BETH LANGFORD DIRECTOR 0.25 X 0 0 0 BETSY EVANS SECRETARY 0.25 X X 0 0 0 BILL LLOYD DIRECTOR 0.25 X 0 0 0 BRAD CRENSHAW DIRECTOR 0.25 X 0 0 0 CHARLIE DUDLEY IMMEDIATE PAST CHAIR 0.25 0.10 X X 0 0 0 CHRIS FOREHAND DIRECTOR 0.25 X 0 0 0 CHRIS IANSITI DIRECTOR 0.25 X 0 0 0 CHRIS LIGORI DIRECTOR 0.25 X 0 0 0 CLARK BROWN DIRECTOR 0.25 X 0 0 0 DIANE DODICH DIRECTOR 0.25 X 0 0 0 DR PHIL FORD DIRECTOR 0.25 X 0 0 0 ELEANOR CONNAN DIRECTOR 0.25 X 0 0 0 ELIZABETH WARING DIRECTOR 0.25 X 0 0 0 ERICKA FRANZ DIRECTOR 0.25 X 0 0 0 FLECIA BRASWELL DIRECTOR 0.25 X 0 0 0 GARRISON BURR DIRECTOR 0.25 X 0 0 0 JAMES GUSTAFSON DIRECTOR 0.25 X 0 0 0 JAVI BORGES DIRECTOR 0.25 X 0 0 0 JEFF STOOPS DIRECTOR 0.25 X 0 0 0 JERI DAMASIEWICZ DIRECTOR 0.25 X 0 0 0 JIMMY GRAGANELLA 2ND IMMEDIATE PAST CHAIR 0.25 0.10 X X 0 0 0 JORGE AZOR DIRECTOR 0.25 X 0 0 0 JORGE GUTIERREZ JR DIRECTOR 0.25 X 0 0 0 KENT KNISLEY DIRECTOR 0.25 X 0 0 0 KURT SCHAFER DIRECTOR 0.25 X 0 0 0 LES AKERS DIRECTOR 0.25 X 0 0 0 LES PANTIN III DIRECTOR 0.25 X 0 0 0 LOUIS TAORMINA DIRECTOR 0.25 X 0 0 0 MADDIE DUNBAR DIRECTOR 0.25 X 0 0 0 MARIA SCHNEIDER DIRECTOR 0.25 X 0 0 0 MARK HILLIS DIRECTOR 0.25 X 0 0 0 MARLA VICKERS DIRECTOR 0.25 40.00 X 0 479871 44302 MICHAEL ALFORD DIRECTOR 0.25 40.10 X 0 1557937 56262 MICHAEL RENDINA DIRECTOR 0.25 X 0 0 0 MIKE BRADY DIRECTOR 0.25 40.00 X 0 410093 53352 MIKE KOSLOSKE DIRECTOR 0.25 X 0 0 0 MOISES ISSA DIRECTOR 0.25 X 0 0 0 NADA USINA DIRECTOR 0.25 X 0 0 0 PETER BOULWARE DIRECTOR 0.25 X 0 0 0 PETER COLLINS DIRECTOR 0.25 0.10 X 0 0 0 PHILIP TROYER VICE CHAIRMAN 0.25 X X 0 0 0 RICH HEFFLEY DIRECTOR 0.25 X 0 0 0 RICK MCCULLOUGH DIRECTOR 0.25 40.00 X 0 1558469 313857 SCOTT DARLING DIRECTOR 0.25 0.10 X 0 0 0 SCOTT WITT DIRECTOR 0.25 X 0 0 0 SHANE LOCKE DIRECTOR 0.25 X 0 0 0 SHANNON LIBBERT DIRECTOR 0.25 X 0 0 0 SHERI THOMSON DIRECTOR 0.25 X 0 0 0 SLATON MURRAY DIRECTOR 0.25 X 0 0 0 STEVE MAY DIRECTOR 0.25 X 0 0 0 STEVEN SMITH DIRECTOR 0.25 X 0 0 0 TERI MILLER DIRECTOR 0.25 X 0 0 0 TREY MCCARLEY DIRECTOR 0.25 X 0 0 0 WARNER PEACOCK CHAIRMAN 0.25 0.10 X X 0 0 0 JP SINCLAIR III CHIEF FINANCIAL OFFICER 40.00 5.00 X 185613 0 17470 STEPHEN PONDER CEO/PRESIDENT 40.00 10.00 X 390877 0 26949 COLSON HOSFORD VP-DEV & REAL ESTATE 40.00 X 312511 0 14387 CHRIS WILSON EVP - DEVELOPMENT 40.00 X 279578 0 17870 ERIC CARR SVP - DEV & PLANNED GIVING 40.00 X 229486 0 14716 MARK CAMERON SVP - DEVELOPMENT 40.00 X 178068 0 12839 DERRIL BEECH SVP - ANNUAL GIVING 40.00 X 173608 0 15392 1749741 4006370 587396 7 1 1 0 LEGENDS SALES & MARKETING LLC 61 BROADWAY SUITE 2400 NEW YORK NY 10006 SALES CONSULTING 2248319 LEGENDS HOSPITALITY LLC 403 STADIUM DR TALLAHASSEE FL 32306 FOOD SERVICES 2148673 4 TOPPS 3135 INDIANA AVENUE WINSTON SALEM NC 27105 STADIUM SEATS 770724 3 2358 8451 68124703 9402352 68135512 AIRPLANE REVENUE 900099 2059432 2059432 STADIUM CONCESSION 900099 1401582 1401582 VARSITY CLUB REVENUE 900099 542458 542458 SKYBOX REVENUE 900099 171350 171350 4174822 792573 792573 5321792 5321792 7320226 4399092 2921134 2921134 1742587 1178547 3346139 745929 2455777 1162224 890362 -416295 474067 -416295 890362 342322 8451 737285 -394963 -394963 INSURANCE PROCEEDS 900099 364061 364061 CHAMPIONS HALL OP DIST 900099 300000 300000 OTHER INCOME 900099 58706 58706 722767 82147704 4181294 1742587 8088311 58307004 58307004 681005 34050 398178 248777 5825128 291256 3405906 2127966 157100 7855 51454 97791 720333 36017 518837 165479 449448 22472 262789 164187 121221 72733 48488 211752 127051 84701 700864 700864 2931415 2124318 484258 322839 294924 294924 3092669 3500 1963304 1125865 369027 221416 147611 903854 903854 746162 746162 74742 74742 1256543 1001233 255310 2603820 2603820 402516 241510 161006 BAD DEBT 11021982 10313702 708280 OTHER PROGRAM EXPENSES 4291818 4291818 SUPPORTING SERVICES 893416 374299 519117 VARSITY CLUB EXPENSE 818388 818388 282783 177181 84202 21400 97157914 82052296 9162111 5943507 554884 518511 20691840 13255760 79106853 71749490 4090569 3071642 30195087 30860472 359382 57919 78661224 18049495 60766419 60611729 8644047 9341775 100000 115933 2221219 52315 23453594 29792953 230183894 219428499 14551074 11713632 24384116 33612782 32298037 33776840 6465265 5103962 77698492 84207216 X 0 0 0 0 152485402 135221283 152485402 135221283 230183894 219428499 -15010210 3243151 -38516 -5458544 0 X 0 1 X 1 0 X 35624666 34509475 78604109 66408006 68135511 283281767 35624666 34509475 78604109 66408006 68135511 283281767 13055395 270226372 11103502 13142078 10888827 13090593 13434591 61659591 311926 1115110 1077422 1156492 1065089 4726039 349667397 20495063 0.77280 0.79830 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 311,926. 2021 AMOUNT: $ 297,335. 2022 AMOUNT: $ 786,585. 2023 AMOUNT: $ 761,365. 2024 AMOUNT: $ 58,706. FUNDRAISING REVENUE - 2021 AMOUNT: $ 267,775. 2022 AMOUNT: $ 290,837. 2023 AMOUNT: $ 395,127. 2024 AMOUNT: $ 342,322. MANAGEMENT DISTRIBUTION - 2021 AMOUNT: $ 550,000. 2024 AMOUNT: $ 300,000. INSURANCE PROCEEDS - 2024 AMOUNT: $ 364,061. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84612298 790411 6380951 138220 6212877 739807 84692756 84231416 706238 4055359 3122047 1258668 84612298 83499514 1080094 3553292 2450987 1450497 84231416 75087755 9549514 2130871 2656973 611653 83499514 77769585 -31823 669942 3005294 314655 75087755 0.41166 0.58669 0.00165 1 1 1 2443500 3611812 6055312 16767999 43915657 13026073 47657583 3248813 1177535 2071278 6707654 2055737 4651917 1965789 1790150 175639 60611729 EXEC LIFE INSURANCE POLICY 1945174 PREPAID TUITION CONTRACTS 1429925 DEPOSITS 73125 DUE FROM RELATED INSTITUTIONS 26344729 29792953 OTHER LIABILITIES 115022 DUE TO FSU FOUNDATION 3410000 DEFERRED INFLOW - LEASE 1578940 5103962 PART V, LINE 4 THE INTENDED USE OF THE ENDOWMENT IS TO FUND ATHLETICS, WHICH INCLUDES SCHOLARSHIPS FOR FLORIDA STATE UNIVERSITY STUDENT-ATHLETES IN EVERY NCAA SANCTIONED SPORT IN WHICH FLORIDA STATE UNIVERSITY PARTICIPATES. SPRING TOUR EVENT - JVILLE 111890 111890 18918 3994 SPRING TOUR EVENT - TAMPA 89970 89970 21352 42164 7 148913 8451 140462 15 389026 261816 350773 8451 342322 15 429296 307974 737285 -394963 1 FSU FINANCIAL ASSISTANCE INC PO BOX 1353 TALLAHASSEE FL 323021353 592477517 501(C)(3) 2674483 0 OVERALL FUNDING AND DEBT PAYMENTS FLORIDA STATE UNVIERSITY A2201 UNIVERSITY CENTER TALLAHASSEE FL 32306 591961248 501(C)(3) 5841961 0 ATHLETIC PROGRAM SUPPORT AND STUDENT SCHOLARSHIP SUPPORT FLORIDA STATE UNIVERSITY ATHLETIC ASSOCIATION INC 403 STADIUM DRIVE WEST TALLAHASSEE FL 32306 813227626 501(C)(3) 18393169 0 DEBT PAYMENTS AND ATHLETIC CONSTRUCTION COSTS BATTLE'S END LLC 4396 CLUB DRIVE ATLANTA GA 30319 921149845 21746802 0 STUDENT SUPPORT GARNET IMPACT INC 3551 BLAIRSTONE RD STE 128-277 TALLAHASSEE FL 32301 873938296 501(C)(3) 3156257 0 STUDENT SUPPORT RISING SPEAR GOLD STANDARD LLC 3551 BLAIRSTONE RD STE 128-277 TALLAHASSEE FL 32301 873944473 6494332 0 STUDENT SUPPORT 4 2 PART I, LINE 2: ORGANIZATION MONITORS EXPENSES AND DETERMINES THROUGHOUT THE YEAR THE AMOUNTS PAID TO VARIOUS ORGANIZATIONS AND RECORDS THEM AS SUCH. X X X X X 0 0 0 0 0 0 0 0 0 RICK MCCULLOUGH DIRECTOR 0 1030383 0 320000 0 208086 0 292061 0 21796 0 1872326 0 0 MICHAEL ALFORD DIRECTOR 0 1209962 0 324000 0 23975 0 34466 0 21796 0 1614199 0 0 MARLA VICKERS DIRECTOR 0 453419 0 20000 0 6452 0 34559 0 9743 0 524173 0 0 MIKE BRADY DIRECTOR 0 398589 0 0 0 11504 0 33356 0 19996 0 463445 0 0 STEPHEN PONDER CEO/PRESIDENT 323077 0 66000 0 1800 0 19493 0 7456 0 417826 0 0 0 COLSON HOSFORD VP-DEV & REAL ESTATE 120535 0 187284 0 4692 0 7353 0 7034 0 326898 0 0 0 CHRIS WILSON EVP - DEVELOPMENT 178231 0 96295 0 5052 0 10836 0 7034 0 297448 0 0 0 ERIC CARR SVP - DEV & PLANNED GIVING 117857 0 98777 0 12852 0 7682 0 7034 0 244202 0 0 0 JP SINCLAIR III CHIEF FINANCIAL OFFICER 168538 0 9000 0 8075 0 10436 0 7034 0 203083 0 0 0 MARK CAMERON SVP - DEVELOPMENT 96754 0 78639 0 2675 0 5805 0 7034 0 190907 0 0 0 DERRIL BEECH SVP - ANNUAL GIVING 127308 0 31625 0 14675 0 8358 0 7034 0 189000 0 0 0 RELATED TO A SUBSTANTIAL CONTRIBUTOR 35% CONTROLLED ENTITY OF A CHILD OF A SUBSTANTIAL CONTRIBUTOR 8558476 CONTRACT FUNDING TO PROVIDE FUNDING FOR STUDENT SUPPORT X 151 3120352 AVG OF HI/LO MKT AVG X 3 816000 APPRAISED VALUE X 2 5390000 APPRAISED VALUE X EVENT SUPPLIES 14 76000 MARKET VALUE 4 0 0 1 PART I, LINE 32B: THE SEMINOLES BOOSTERS WILL ENGAGE VARIOUS REAL ESTATE AGENTS TO HELP WITH THE SALE OF RESIDENTIAL AND COMMERCIAL PROPERTIES. THE TERMS OF THESE AGREEMENTS VARY, BUT TYPICALLY INCLUDE A FEE TO THE AGENT FOR SELLING THE PROPERTY. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS FORM 990 WITH THE TREASURER AND RESOLVES ANY ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. THE BOARD OF DIRECTORS HAS DELEGATED TO THE FINANCE AND BUDGET COMMITTEE AND AUDIT COMMITTEE THE RESPONSIBILITY FOR THE FINAL REVIEW OF THE FORM 990. THE FINANCE AND BUDGET COMMITTEE, AUDIT COMMITTEE, AND TREASURER REVIEW THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THE IS DONE CONCURRENTLY WITH MANAGEMENT AND ANY QUESTIONS AS A RESULT OF THAT REVIEW ARE ANSWERED. NO FURTHER REVIEW BY THE BOARD IS REQUIRED BEFORE THE FORMS ARE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANNUALLY TO THE CHAIRMAN ANY KNOWN OR POTENTIAL CONFLICTS OF INTEREST. THE CHAIRMAN ENSURES THAT ALL CONFLICTS ARE RESOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE ESTABLISHES COMPENSATION FOR MANAGEMENT OF SEMINOLE BOOSTERS, INC. THE COMPENSATION COMMITTEE USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR MANAGEMENT OF SEMINOLE BOOSTERS: 1) WRITTEN EMPLOYMENT CONTRACT 2) INDEPENDENT COMPENSATION CONSULTANT 3) COMPENSATION SURVEY OR STUDY 4) FORM 990 OF OTHER ORGANIZATIONS 5) COMPENSATION COMMITTEE SUBMITS RECOMMENDATIONS FOR BOARD APPROVAL. THE LAST COMPENSATION STUDY WAS PERFORMED IN 2024. THE WAGES FOR THE CEO WERE REVIEWED AND APPROVED DURING THE 06/30/2025 FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS THREE MOST CURRENT YEARS OF FORM 990 AND FORM 1023 AVAILABLE UPON REQUEST. NO OTHER DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC. REGULATION SECTION 1.263(A)-1(F) - DE MINIMIS SAFE HARBOR ELECTION TAXPAYER NAME: SEMINOLE BOOSTERS, INC. TAXPAYER ADDRESS: PO BOX 1353, TALLAHASSEE, FL 3302-1353 TAXPAYER ID NUMBER: 59-1561180 YEAR-END: 06/30/2025 UNDER IRC REGULATION SECTION 1.263(A)-1(F), THE TAXPAYER HEREBY ELECTS TO APPLY THE DE MINIMIS SAFE HARBOR ELECTION. T'ALLEY PROPERTIES PO BOX 1353 TALLAHASSEE FL 32302 453781855 REAL ESTATE FL 0 0 SEMINOLE BOOSTERS INC COLLEGETOWN INVESTMENT FUND LLC PO BOX 1353 TALLAHASSEE FL 32302 453280651 REAL ESTATE FL 0 0 SEMINOLE BOOSTERS INC FSU FINANCIAL ASSISTANCE INC PO BOX 1353 TALLAHASSEE FL 32302 592477517 BOND FINANCE FL 501(C)(3) LINE 12C, III-FI FLORIDA STATE UNIVERSITY 0 FLORIDA STATE UNIVERSITY A2201 UNIVERSITY CENTER TALLAHASSEE FL 32306 591961248 EDUCATION FL 501(C)(3) LINE 2 N/A 0 THE FLORIDA STATE UNIVERSITY FOUNDATION 325 W COLLEGE AVENUE TALLAHASSEE FL 32301 596152180 DSO FL 501(C)(3) LINE 5 FLORIDA STATE UNIVERSITY 0 THE FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION 200 LEVY AVENUE SUITE 351 TALLAHASSEE FL 32310 593211153 DSO FL 501(C)(3) LINE 12A, I FLORIDA STATE UNIVERSITY 0 THE FLORIDA STATE UNIVERSITY REAL ESTATE FOUNDATION 200 W COLLEGE AVENUE TALLAHASSEE FL 32301 452337977 DSO FL 501(C)(3) LINE 12A, I FLORIDA STATE UNIVERSITY 0 FLORIDA STATE UNIVERSITY ATHLETIC ASSOCIATION INC 403 STADIUM DR W TALLAHASSEE FL 32306 813227626 DSO FL 501(C)(3) LINE 12A, I FLORIDA STATE UNIVERSITY 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 1 1