FLORIDA WATER ENVIRONMENT ASSOCIATION INC (EIN 237127443) - 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

1941

Legal Domicile

Principal Officer

DAVID HERNANDEZ

Phone

3523781331

Tax Period

2024-05-01 to 2025-04-30

FLORIDA WATER ENVIRONMENT ASSOCIATION INC, founded in 1941, is a community nonprofit in the Environment sector that reported $1.0M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $194K, a strong 19% operating margin.

Mission

FWEA IS THE FLORIDA MEMBER ASSOCIATION OF THE INTERNATIONAL WATER ENVIRONMENT FEDERATION ("WEF"). WEF IS A NOT-FOR-PROFIT EDUCATIONAL AND TECHNICAL ORGANIZATION OF 40,000 WATER QUALITY EXPERTS WORLDWIDE.

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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 $471,337

Program Service Revenue $552,953

Investment Income $8,284

Other Revenue $-25,191

TOTAL REVENUE $1,007,383

Expense Breakdown

Grants Paid $24,560

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $631,432

Other Expenses $789,163

TOTAL EXPENSES $813,723

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,007,383	$841,134	+0.2%
Expenses	$813,723	$652,186	+0.2%
Net Income	$193,660	$188,948	+0.0%

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

300

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE SWEENEY	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
JOSEPH PATERNITI	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID HERNANDEZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MEGAN NELSON	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
JOAN FERNANDEZ	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
SUZANNE MECHLER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMEY WALLACE	WEF DELEGATE	1.00	Officer Director	$0	$0	$0
DAMARIS NORIEGA	WEF DELEGATE AS OF 10/5/2024	1.00	Officer Director	$0	$0	$0
BRAD HAYES	OPERATIONS COUNCIL REP.	1.00	Officer Director	$0	$0	$0
KEVIN CARTER	UTILITY COUNCIL PRESIDENT	1.00	Officer Director	$0	$0	$0
JODY BARKSDALE	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
NICOLE COHEN	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
KRISTINA FRIES	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
YANNI POLEMATIDIS	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
DUSTIN CHISUM	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
MANASI PAREKH	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
MICHAEL DEMKO	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
RANDY BROWN	DIRECTOR AT LARGE	1.00	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	$1,007,383	$813,723	$1,681,263	$193,660
2024	No data	No data	No data	No data
2023	$694,044	$550,566	$1,314,206	$143,478
2022	$519,360	$458,159	$1,137,532	$61,201
2021	$388,304	$358,546	$1,076,331	$29,758
2020	$611,270	$535,646	$1,046,576	$75,624
2019	$573,445	$605,084	$994,469	$-31,639
2018	$638,793	$461,561	$1,002,591	$177,232

FLORIDA WATER ENVIRONMENT ASSOCIATION INC