FLORIDA CANCER SPECIALISTS FOUNDATION INC (EIN 204616813) - 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

RAUL STOREY MD

Phone

2392748200

Tax Period

2023-01-01 to 2023-12-31

FLORIDA CANCER SPECIALISTS FOUNDATION INC, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $3.5M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $3.2M left a modest 9% surplus.

Mission

THE FOUNDATION'S MISSION IS TO PROVIDE COMPASSIONATE SUPPORT TO ADULT CANCER PATIENTS IN THE STATE OF FLORIDA INCLUDING NON-MEDICAL FINANCIAL ASSISTANCE AND PROVIDING PATIENT SUPPORT VOLUNTEERS IN CANCER CENTERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,304,719

Program Service Revenue $0

Investment Income $261,585

Other Revenue $967,335

TOTAL REVENUE $3,533,639

Expense Breakdown

Grants Paid $2,091,379

Salaries & Benefits $803,221

Fundraising Expenses $0

Program Expenses $2,288,904

Other Expenses $320,521

TOTAL EXPENSES $3,215,121

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,533,639	$3,844,470	-0.1%
Expenses	$3,215,121	$3,053,806	+0.1%
Net Income	$318,518	$790,664	-0.6%

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

Volunteers

254

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

$132,253

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN RASYS	EXECUTIVE DIRECTOR	40.00	Officer	$112,487	$19,766	$132,253
LYNN COWDRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
JILL DESIMONE	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL DIAZ MD	DIRECTOR	2.00	Director	$0	$0	$0
CHERYLLE HAYES MD	DIRECTOR	2.00	Director	$0	$0	$0
TIMOTHY O' DONOHUE	DIRECTOR	2.00	Director	$0	$0	$0
REYKA RAJAN-WILSON	DIRECTOR	2.00	Director	$0	$0	$0
PATSY SANCHEZ	DIRECTOR	2.00	Director	$0	$0	$0
JOHN SODEIKA	DIRECTOR	2.00	Director	$0	$0	$0
MARJAN ZAUN	DIRECTOR	2.00	Director	$0	$0	$0
MAEN HUSSEIN MD	CHAIR	2.00	Officer Director	$0	$0	$0
RAUL STOREY MD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CORY PERSON ESQ	SECRETARY	2.00	Officer Director	$0	$0	$0
J THOMAS UHLER	TREASURER	2.00	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
2024	No data	No data	No data	No data
2023	$3,533,639	$3,215,121	$8,707,867	$318,518
2022	$3,844,470	$3,053,806	$7,658,728	$790,664
2021	$2,660,673	$2,249,962	$8,210,693	$410,711
2020	$3,023,228	$2,502,011	$6,717,397	$521,217
2019	$3,561,845	$2,251,433	$5,710,161	$1,310,412
2018	$3,125,483	$1,843,728	$3,829,188	$1,281,755

FLORIDA CANCER SPECIALISTS FOUNDATION INC