1

ANNUAL

REPORT2019

FOR THE YEAR ENDED JUNE 30, 2019

2

In 1992, The Dan Marino Foundation was created as a 501(c) 3 organization by Dan and Claire

Marino, when their second son Michael was diagnosed with autism. Today, 3.5 million Americans

meet the criteria for Autism Spectrum Disorder, and 1 out of every 7 people in the US is diagnosed

with a developmental disability.

For 28 years, the Foundation has led innovation and change with the mission to “empower

individuals with autism and other developmental disabilities.” By focusing less on why someone

has autism, but more about who the person is and what are their hopes and dreams, we provide

them with pathways to independence.

Respecting and embracing the potential of the young people we work with, the Foundation

has raised more than $80 million to create and support unique and impactful initiatives. Among

these are the Nicklaus Children’s Hospital Dan Marino Outpatient Center, the Marino Autism

Research Institute, Marino Adapted Aquatics, and Marino Campus post-secondary schools in

Broward and Miami-Dade Counties.

Working to reduce the over 80% unemployment rate for individuals with autism and other

developmental disabilities, the Foundation is at the forefront of creating award-winning

technologies including the Virtual Interactive Training Agent software (ViTA DMF), ViTA Online,

and ViTA Magic Leap. In the spring of 2020, Marino Virtual Learning will premiere offering

online courses focused on social competency, independent living, and gainful employment.

Pushing the frontiers of mixed reality with partners like Google and Magic Leap, The Dan Marino

Foundation continues to be a game changer for children, teens, and young adults with autism

and other disabilities.

For more information, please visit danmarinofoundation.org, marinocampus.org, or vitadmf.org

About The Dan Marino Foundation

together we WIN.

D A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

3

DANIEL MARINO________________

F O U N D E R / C H A I R M A NDan Marino Enterprises

400 North Andrews AvenueFort Lauderdale, FL 33301

CLAIRE MARINO________________

F O U N D E R / S E C R E TA R Y /T R E A S U R E RDan Marino Enterprises

400 North Andrews AvenueFort Lauderdale, FL 33301

MARY PARTIN________________

DD I R E C T O R / C H I E F E X E C U T I V E O F F I C E R

Dan Marino Foundation

400 North Andrews AvenueFort Lauderdale, FL 33301

JOSEPH MARINO________________

D I R E C T O R / D E V E LO P M E N T C O M M I T T E E

8133 NW 6th StreetCoral Springs, FL 33071

ANTHONY GALVIN________________ D I R E C T O R / C A M P U S A D V I S O R Y

333 Las Olas Way #2807Fort Lauderdale, FL 33301

FRANCIS FRAENKEL________________

D I R E C T O R / F I N A N C EC O M M I T T E ENeuberger Berman, LLC

1290 Avenue of the Americas, 39th FloorNew York, NY 10104

RALPH STRINGER________________

D I R E C T O R / C O R P O R AT E R E L AT I O N S C O M M I T T E E

NeoStar Sports and Entertainment

1575 North Park Drive, #100Weston, FL 33326

JOHN DUFFY________________

D I R E C T O R / T E C H N O LO G Y A D V I S O R Y

16060 Rio RodeoDelray Beach, FL 33446

BOARD OF DIRECTORS

D A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

4

M A R I N O C A M P U S , our school for young adults with autism and other disabilities, conferred

industry certifications to 65 graduates from our Broward and Miami-Dade program sites.

The employment rate of our M A R I N O C A M P U S alumni remained strong at 72%, which is four

times the national average for persons with disabilities.

T H E D A N M A R I N O F O U N D AT I O N continued its longstanding support of the Nicklaus Chil-

dren’s Hospital Dan Marino Outpatient Center, a leading provider of pediatric health services for

children with neurodevelopmental disorders, which attracts patients from all over the world. Funding

assisted in the total renovation of the Center’s Sensory Room and upgrades to the Aquatic Center.

Our Spring Break and Summer Youth Employment Programs taught valuable pre-employment and

self-advocacy skills to over 100 middle and high-school teens with disabilities.

2019 was another exciting year for our V I TA - D M F software, a virtual job interview training system.

With funding from Magic Leap and the Noorda Foundation, the software was upgraded to make the

experience more realistic and unscripted. In addition, an online version of V I TA - D M F is in develop-

ment. Through our partnership with Magic Leap, a mixed reality version of V I TA - D M F is being piloted.

V I TA - D M F was installed at seven Department of Juvenile Justice facilities. Data from 1000 interviews

conducted showed that participants demonstrated a 98% improvement in interview proficiency.

In 2019, work commenced on M A R I N O V I R T U A L L E A R N I N G which will offer online courses ac-

cessible to all including classes in employability and social skill training, self-advocacy, and access

to an online version of V I TA - D M F. These virtual programs are not the typical online delivery –

avatars and gamification are being incorporated to bring learning to a new and engaging level.

M A R I N O C A M P U S was awarded the 2019 Post-Secondary Program of the Year by the Unicorn

Children’s Foundation.

2019 HighlightsD A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

5

The Dan Marino Foundation, Inc. | Statement of Financial Position | For the Year Ended June 30, 2019

Assets:

Cash and cash equivalents 2,220,975

Pledges and tuition receivable 139,719

Grants receivable 450,000

Prepaid expenses and other assets 55,614

Investments 6,465,694

Property and equipment, net 3,857,979

Total assets 13,189,981

Liabilities:

Accounts payable 23,546

Accrued expenses 185,100

Deferred revenue 34,983

Mortgage note payable 1,616,883

Total liabilities 1,860,512

Net Assets:

Without donor restrictions:

Undesignated 8,229,024

Board designated 1,047,279

Total without donor restrictions 9,276,303

With donor restrictions:

Purpose and time restrictions 53,166

Perpetual in nature 2,000,000

Total with donor restrictions 2,053,166

Total net assets 11,329,469

Total liabilities and net assets 13,189,981

D A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

$

$

$

$

6

The Dan Marino Foundation, Inc. | Statement of Activities | For the Year Ended June 30, 2019

Public Support and Revenues:

Grant and contract revenue,

governmental and private 1,978,419 1,978,419

Contributions 608,711 608,711

Special events (net of direct expenses of

$303,532, including $87,446 of in-kind expenses) 374,597 53,166 427,763

Investment income, net 418,386 418,386

Tuition revenue (net of tuition credits of $6,948) 1,300,495 1,300,495

Other income 15,843 15,843

Total public support and revenues 4,696,451 53,166 4,749,617

Expenses:

Program services 3,627,561 3,627,561

Support services:

Management and general 158,265 158,265

Fundraising 369,765 369,765

Total expenses 4,155,591 4,155,591

Change in net assets 540,860 53,166 594,026

Net Assets, July 1, 2018 8,735,443 2,000,000 10,735,443

Net Assets, June 30, 2019 9,276,303 2,053,166 11,329,469

Without Donor Restrictions

With Donor Restrictions Total

D A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

$

$ $ $

$

$

$

7

D A N M A R I N O F O U N D AT I O N | 2 0 1 9 A N N U A L R E P O R T

The accompanying notes to the financial statements are an integral part of these statements.  5 

The Dan Marino Foundation, Inc.Statement of Functional ExpensesFor the Year Ended June 30, 2019

Virtual Total Management TotalMarino Reality Program and Supporting TotalCampus ViTA Services General Fundraising Services Expenses

Payroll, benefits, and taxes $ 2,045,590      $ 436,520       $ 2,482,110    $ 90,611          $ 211,233       $ 301,844       $ 2,783,954   Occupancy and interest 351,775         5,248            357,023       41,989          5,248            47,237         404,260      Professional services 181,396         202,708       384,104       6,468             38,596         45,064         429,168      Provision for depreciation 82,215           27,405         109,620       13,703          13,703         27,406         137,026      Business expenses 78,171           7,910            86,081         1,332             6,661            7,993            94,074        Donation distributions 250                 197               447               ‐                 70,306         70,306         70,753        Research ‐                  19,466         19,466         ‐                 ‐                ‐                19,466        Office  39,277           23,788         63,065         1,413             8,278            9,691            72,756        Other personnel  42,860           14,188         57,048         1,489             7,844            9,333            66,381        Academic services 30,874           ‐                30,874         ‐                 ‐                ‐                30,874        Travel and meetings 17,375           20,348         37,723         1,260             7,896            9,156            46,879        

Total $ 2,869,783      $ 757,778       $ 3,627,561 $ 158,265        $ 369,765       $ 528,030       $ 4,155,591

Program Services Supporting Services

  

The Dan Marino Foundation, Inc. | Statement of Functional Expenses | For the Year Ended June 30, 2019

8

����������� � � � � �� � � �

400 North Andrews Avenue

Fort Lauderdale, Florida 33301

(954) 368-6000

danmarinofoundation.org