THE LONGBOAT KEY EDUCATION CENTER INC

EIN: 203032438 501(c)(3)

LONGBOAT KEY, FL

Total Revenue
$3
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2005
Legal Domicile
FL
Principal Officer
SUSAN A GOLDFARB
Phone
9413838811
Tax Period
2022-01-01 to 2022-05-16

THE LONGBOAT KEY EDUCATION CENTER INC, founded in 2005, is a micro nonprofit that reported $3 in total revenue in fiscal year 2022.

Mission

EDUCATIONAL ENRICHMENT PROGRAMMING FOR ADULTS REGARDLESS OF RESIDENCY OR PRIOR EDUCATIONAL BACKGROUND

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

CLASSES AND LECTURE SERIES ARE PROVIDED FROM THE FALL THROUGH THE SPRING TO ADULTS: GALLERY ALSO OPEN TO THE GENERAL PUBLIC FOR EXHIBITS BY LOCAL ARTISTS AND FACULTY:

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $3

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue $3 N/A N/A
Expenses N/A $5,181 -1.0%
Net Income N/A $-5,181 N/A
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
3
Independent Members
2
Employees
1
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN GOLDFARB PRES/EXEC DIR 45.00
Officer Director
$0 $0 $0
PARIS BASSETT DIRECTOR 1.00
Director
$0 $0 $0
CHARITY KURTYKA SECRETARY 1.00
Officer 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
2022 $3 No data No data No data
2021 $50,014 $222,924 $42,527 $-172,910
2020 $196,411 $330,348 $214,592 $-133,937
2019 $379,392 $367,499 $186,134 $11,893
2018 $320,441 $363,308 $175,209 $-42,867
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