FLORIDA VETERANS ASSISTANCE ASSOCIATION INC (EIN 134230250) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

JOEL MARKMAN

Phone

8133458503

Tax Period

2024-01-01 to 2024-12-31

FLORIDA VETERANS ASSISTANCE ASSOCIATION INC, founded in 2002, is a micro nonprofit in the Public & Societal Benefit sector that reported $92K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. Expenses of $143K exceeded revenue, resulting in a 54% operating deficit.

Mission

TO PROVIDE VETERANS ON AVAILALE HEALTH AND FINANCIAL BENEFITS. VISIT HOSPITALIZED VETERANS TO PROVIDE SUPPORT AND ECONOMIC HELP.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,424

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $92,424

Expense Breakdown

Grants Paid $42,134

Salaries & Benefits $2,980

Fundraising Expenses $24,113

Program Expenses $42,134

Other Expenses $97,592

TOTAL EXPENSES $142,706

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,424	$31,893	+1.9%
Expenses	$142,706	$78,647	+0.8%
Net Income	$-50,282	$-46,754	+0.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL MARKMAN	CHAIRMAN	40.00	Officer	$0	$0	$0
NIKKI MARKMAN	VICE-PRESIDENT	0.00	Officer	$0	$0	$0
CHERYL ENDRUSCHAT	TREASURER	0.00	Officer	$0	$0	$0
AL CANNIZZO	SECRETARY	0.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$92,424	$142,706	$477,537	$-50,282
2023	$31,893	$78,647	$527,819	$-46,754
2022	$75,467	$143,811	$574,573	$-68,344
2021	$158,510	$137,268	$142,917	$21,242
2020	$267,387	$258,163	$121,675	$9,224
2019	$276,041	$260,845	$127,330	$15,196
2018	$341,933	$305,568	$103,393	$36,365

FLORIDA VETERANS ASSISTANCE ASSOCIATION INC