THOMAS EDISON & HENRY FORD WINTER ESTATES INC (EIN 200243438) - 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

2006

Legal Domicile

Principal Officer

MICHAEL A FLANDERS

Phone

2393347419

Tax Period

2024-10-01 to 2025-09-30

THOMAS EDISON & HENRY FORD WINTER ESTATES INC, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.9M in total revenue in fiscal year 2024. Expenses of $5.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION IS TO EDUCATE THE PUBLIC AND INSPIRE AN INVENTIVE SPIRIT BY INTERPRETING AND PRESERVING THE INNOVATIONS, LEGACIES, ARTIFACTS, GARDENS, HOMES, LABORATORY, AND OTHER STRUCTURES OF THOMAS EDISON AND HENRY FORD, EMPHASIZING FLORIDA HISTORY, SCIENCE, HORTICULTURE, AND THE ARTS.

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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 $168,600

Program Service Revenue $4,173,775

Investment Income $22,629

Other Revenue $582,765

TOTAL REVENUE $4,947,769

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,556,958

Fundraising Expenses $0

Program Expenses $4,633,829

Other Expenses $1,950,706

TOTAL EXPENSES $5,507,664

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,947,769	$5,008,876	0.0%
Expenses	$5,507,664	$5,486,803	+0.0%
Net Income	$-559,895	$-477,927	+0.2%

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

105

Volunteers

120

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

$449,202

Total Directors

$116,713

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL A FLANDERS	PRESIDENT/CE	40.00	Officer	$176,984	$14,702	$191,686
THOMAS HOTTOVY	CFO	40.00	Officer	$128,281	$12,522	$140,803
MICHAEL COSDEN	EXEC VP	40.00	Officer Director	$104,830	$11,883	$116,713
FRANK J ALOIA	TRUSTEE	5.00	Director	$0	$0	$0
SIDNEY ANN BRINSON	TRUSTEE	5.00	Director	$0	$0	$0
SCOT BURRIS	TRUSTEE	5.00	Director	$0	$0	$0
JEANNE DOZIER	SECRETARY	5.00	Officer Director	$0	$0	$0
SUZANNE SASS EDWARDS	TRUSTEE	5.00	Director	$0	$0	$0
FRANCIS FENNING	TRUSTEE	5.00	Director	$0	$0	$0
ERIC GRAFF	V CHAIR	5.00	Officer Director	$0	$0	$0
RANDALL HENDERSON JR	TRUSTEE	5.00	Director	$0	$0	$0
SUSAN LAWSON	TRUSTEE	5.00	Director	$0	$0	$0
LIANE MCHUGH	TRUSTEE	5.00	Director	$0	$0	$0
CRAIG MCLEAN	TREASURER	5.00	Officer Director	$0	$0	$0
RICHARD MOULTON	TRUSTEE	5.00	Director	$0	$0	$0
RENEE NORRIS	TRUSTEE	5.00	Director	$0	$0	$0
COLE PEACOCK	CHAIR	5.00	Officer Director	$0	$0	$0
MADELEINE PLUMMER	TRUSTEE	5.00	Director	$0	$0	$0
KAREN RYAN	TRUSTEE	5.00	Director	$0	$0	$0
BRETT SANDS	TRUSTEE	5.00	Director	$0	$0	$0
HOWARD SAPP	TRUSTEE	5.00	Director	$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
2025	$4,947,769	$5,507,664	$4,893,624	$-559,895
2024	$5,008,876	$5,486,803	$5,924,275	$-477,927
2023	$4,299,100	$4,864,762	$6,022,417	$-565,662
2022	$6,284,450	$5,000,812	$6,582,079	$1,283,638
2021	$5,556,922	$4,533,803	$5,261,468	$1,023,119
2020	$4,334,402	$5,080,120	$4,824,427	$-745,718
2019	$5,966,061	$5,538,016	$5,207,116	$428,045
2018	$5,360,942	$5,855,709	$4,668,144	$-494,767

THOMAS EDISON & HENRY FORD WINTER ESTATES INC