Florida Minority Community Reinvestment Coalition Inc

EIN: 201324945 501(c)(3)

Tampa, FL

Total Revenue
$6,577,041
Total Expenses
$6,459,105
Total Assets
$6,301,402
Net Assets
$4,111,987
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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
2004
Legal Domicile
FL
Principal Officer
Albert Pina
Phone
8135986361
Tax Period
2018-01-01 to 2018-12-31

Florida Minority Community Reinvestment Coalition Inc, founded in 2004, is a community nonprofit that reported $6.6M in total revenue in fiscal year 2018. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

Empower low income & minority communities by attracting investments for minority home ownership

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $200,897
Program Service Revenue $6,376,144
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,577,041

Expense Breakdown

Grants Paid $122,846
Salaries & Benefits $90,897
Fundraising Expenses $0
Program Expenses $6,088,322
Other Expenses $6,245,362
TOTAL EXPENSES $6,459,105

Year-over-Year Comparison

2018 2017 Change
Revenue $6,577,041 $4,539,175 +0.4%
Expenses $6,459,105 $3,905,210 +0.7%
Net Income $117,936 $633,965 -0.8%
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

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
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
1
$28,751
Total Directors
4
$28,751
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Albert Pina CEO 60.00
Officer Director
$28,751 $0 $28,751
Aaron Diggs Director 5.00
Director
$0 $0 $0
Joyce Bruce Director 3.00
Director
$0 $0 $0
Juan Ramos Director 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
2018 $6,577,041 $6,459,105 $6,301,402 $117,936
2017 $4,539,175 $3,905,210 $5,806,098 $633,965
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