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        <ManagementAndGeneral>15790</ManagementAndGeneral>
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        <ManagementAndGeneral>3171</ManagementAndGeneral>
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        <ProgramServices>842</ProgramServices>
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        <ManagementAndGeneral>19765</ManagementAndGeneral>
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      <OtherExpenses>
        <Description>SPT MKT-HOSTING/EVENTS</Description>
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      <OtherExpenses>
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        <ProgramServices>114903</ProgramServices>
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      <OtherExpenses>
        <Description>MARATHON EXPENSES</Description>
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        <ProgramServices>65515</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>SPT MKT MAJOR EVENTS EXP</Description>
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      <AllOtherExpenses>
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        <ProgramServices>212036</ProgramServices>
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      <DeferredRevenue>
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      <EscrowAccountLiability>
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        <EOY>13050</EOY>
      </EscrowAccountLiability>
      <TotalLiabilities>
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      <FollowSFAS117>X</FollowSFAS117>
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      <TotalLiabNetAssetsFundBalances>
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      <ReconcilationRevenueExpenses>51637</ReconcilationRevenueExpenses>
      <ReconciliationUnrealizedInvest>-2861</ReconciliationUnrealizedInvest>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementSeparate>X</FinancialStatementSeparate>
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      <AuditCommittee>true</AuditCommittee>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
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          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
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      <ExplanationInPartXIII>X</ExplanationInPartXIII>
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      <Equipment>
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        <Depreciation>46603</Depreciation>
        <BookValue>23050</BookValue>
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      <TotalOfBookValueLandBuildings>83087</TotalOfBookValueLandBuildings>
      <TotRevenueEtcAuditedFinclStmt>1198395</TotRevenueEtcAuditedFinclStmt>
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      <Form990ScheduleDPartXIII>
        <Identifier>ESCROW LIABILITY ARRANGEMENT EXPLANATION</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 2, PART IV, LINE 2B</ReturnReference>
        <Explanation>PART X LINE 21 CONSISTS OF ESCROW FUNDS HELD FOR STUDENT SCHOLARSHIPS AWARDED ANNUALLY.</Explanation>
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          <BusinessNameLine1>UNIVERSITY OF WEST FL FOUNDATION</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1100 UNIVERSITY PKWY BLDG 12</AddressLine1>
          <City>PENSACOLA</City>
          <State>FL</State>
          <ZIPCode>32514</ZIPCode>
        </AddressUS>
        <EINOfRecipient>596166292</EINOfRecipient>
        <IRCSection>501C3</IRCSection>
        <AmountOfCashGrant>8500</AmountOfCashGrant>
        <PurposeOfGrant>SCHOLARSHIP FUNDING</PurposeOfGrant>
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        <ReturnReference>SCHEDULE I, PAGE 1, PART I, LINE 2</ReturnReference>
        <Explanation>ORGANIZATION MONITORS SCHOLARSHIPS AWARDED.</Explanation>
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        <NameOfInterestedPerson>
          <NamePerson>JAMES CURRIE</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>FORMER OFFICER</Relationship>
        <DescriptionOfTransaction>EVENT PLANNING</DescriptionOfTransaction>
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      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NameBusiness>
            <BusinessNameLine1>LOGO MOTION LLC</BusinessNameLine1>
          </NameBusiness>
        </NameOfInterestedPerson>
        <Relationship>CURRENT OFFICER</Relationship>
        <DescriptionOfTransaction>PROMOTIONAL ITEMS</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
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    </IRS990ScheduleL>
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      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>TO WORK WITH INTERNATIONAL, NATIONAL, STATE AND LOCAL GOVERNMENTS AND OTHER PUBLIC AND PRIVATE ENTITIES IN THE DEVELOPMENT, ORGANIZATION, BIDDING, ADVERTISING, PROMOTION, ENCOURAGEMENT, HOSTING AND THE OPERATION OF AMATEUR AND PROFESSIONAL SPORTS IN NORTHWEST FLORIDA FOR THE PURPOSE OF REGIONAL ECONOMIC DEVELOPMENT (SPORTS ECONOMIC DEVELOPMENT).</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, ACCOUNTANT, AND VICE PRESIDENT OF FINANCE PRIOR TO FILING.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>THE CONFLICT OF INTEREST POLICY WAS DISCUSSED WITH THE BOARD MEMBERS AT THE 7/19/12 BOARD MEETING. THE ORGANIZATION'S BYLAWS INCLUDE A CONFLICT OF INTEREST POLICY RELATED TO ANY CONTRACTS OR OTHER TRANSACTIONS WHICH REQUIRES DISCLOSURE BY ITS DIRECTORS OR ANY OTHER CORPORATION, FIRM, ASSOCIATION OR ENTITY IN WHICH ONE OR MORE OF THE DIRECTORS ARE DIRECTORS OR OFFICERS OR ARE FINANCIALLY INTERESTED.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE COMPENSATION OF THE EXECUTIVE DIRECTOR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR ALL OFFICERS AND EMPLOYEES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>THE FORM 990, GOVERNING DOCUMENTS, AND MOST RECENTLY ISSUED AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST DURING NORMAL OFFICE HOURS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990, PART IX, LINE 24E</ReturnReference>
        <Explanation>HIGH SCHOOL ALL STARS 39,479 0 0 BP TOURISM PROGRAM EXPENS 38,037 0 0 FCCAA SOFTBALL 33,802 0 0 FUTURES TENNIS 28,768 0 0 AWARDS BANQUET 23,455 0 0 SENIOR SCHOLAR 20,627 0 0 BUD TENNIS 9,546 0 0 OTHER PROGRAM EXPENSES 8,925 0 0 SPT MKT OFFICE SUPPLIES 3,710 0 0 SPT MKT DUES/SUBSCRIPTION 3,128 0 0 RACQUET ROUNDUP 2,559 0 0</Explanation>
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</Return>