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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 2, PART III, LINE 4D</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990 WAS PROVIDED TO THE OFFICERS AND DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>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.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>LICENSE &amp; PERMITS 0 1,106 0 PROGRAM CONFERENCES 354,769 0 0 WEBSITE MAINTENANCE 0 1,785 0 BANK CHARGES 0 2 0 TOTAL 354,769 2,893 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
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