FLORIDA FISHING ACADEMY INC (EIN 161775538) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

RICHARD BROCHU

Phone

5617407227

Tax Period

2024-10-01 to 2025-09-30

FLORIDA FISHING ACADEMY INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $697K in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $268K, a strong 39% operating margin.

Mission

OUR MISSION IS TO CHANGE THE LIVES OF OUR YOUTH THROUGH ENVIRONMENTAL STEWARDSHIP BY PROVIDING INSPIRATION AND EDUCATION THROUGH RECREATION

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $759,921

Program Service Revenue $12,004

Investment Income $-75,094

Other Revenue $0

TOTAL REVENUE $696,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $228,970

Fundraising Expenses $2,776

Program Expenses $389,004

Other Expenses $199,440

TOTAL EXPENSES $428,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$696,831	$355,000	+1.0%
Expenses	$428,410	$424,640	+0.0%
Net Income	$268,421	$-69,640	-4.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$111,729

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC TANNER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARIO GUZMAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF FREEMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
RENE COTTO NEGRON	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
ZACHARY CRANE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
RICHARD BROCHU	EXECUTIVE DIRECTOR	50.00	Officer	$111,729	$0	$111,729

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
2025	$696,831	$428,410	$976,436	$268,421
2024	$355,000	$424,640	$607,120	$-69,640
2023	$481,613	$437,074	$672,915	$44,539
2022	$484,491	$413,080	$561,433	$71,411
2021	$530,053	$422,865	$497,133	$107,188
2019	$458,142	$445,518	$314,850	$12,624
2018	$341,735	$439,499	$289,560	$-97,764

FLORIDA FISHING ACADEMY INC