Friends of Miami-Dade College (EIN 203939157) - 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

Louis Wolfson

Phone

3054950954

Tax Period

2022-01-01 to 2022-12-31

Friends of Miami-Dade College, founded in 2006, is a micro nonprofit in the Education sector that reported $106 in total revenue in fiscal year 2022. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 151641% operating deficit.

Mission

To support Miami-Dade College and educational advocacy at the state and federal levels.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $106

Other Revenue $0

TOTAL REVENUE $106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $160,845

TOTAL EXPENSES $160,845

Year-over-Year Comparison

	2022	2021	Change
Revenue	$106	$215	-0.5%
Expenses	$160,845	$192,000	-0.2%
Net Income	$-160,739	$-191,785	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Louis Wolfson	Chairman & Governing Body	Officer	$0	$0	$0
Antonio L Argiz	Treasurer & Governing Body	Officer	$0	$0	$0
Ed Torgas	Deputy Treasurer	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
2022	$106	$160,845	$489,360	$-160,739
2021	$215	$192,000	$650,099	$-191,785
2020	$1,752	$192,059	$841,884	$-190,307
2019	$1,071	$120,677	$1,032,191	$-119,606
2018	$1,169	$132,570	$1,151,797	$-131,401

Friends of Miami-Dade College