FLORIDA ASSOCIATION FOR MEDIA IN E… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

KRIS SMITH

Phone

8635856802

Tax Period

2023-01-01 to 2023-12-31

FLORIDA ASSOCIATION FOR MEDIA IN EDUCATION INC, founded in 1973, is a small nonprofit in the Arts, Culture & Humanities sector that reported $331K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

FAME IS THE PRIMARY ORGANIZATION FOR THE ADVOCAY AND SUPPORT OF EFFECTIVE SCHOOL LIBRARY MEDIA PROGRAMS IN FLORIDA.

Program Service Accomplishments

Program 1

Providing leadership and support to school librarians through advocacy on the local, state, and national levels: Targeted professional development and promotion of literacy and technology integration...

Program 2

Annual conference and board meeting to gather members from around the state for an open exchange of ideas, methods, etc. Annual student media festival to promote student interest and involvement in...

Program 3

Awards given to winners of media competitions.

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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 $44,709

Program Service Revenue $283,155

Investment Income $118

Other Revenue $3,102

TOTAL REVENUE $331,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $340,484

TOTAL EXPENSES $340,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$331,084	$353,832	-0.1%
Expenses	$340,484	$278,552	+0.2%
Net Income	$-9,400	$75,280	-1.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS SMITH	PRESIDENT	5.000	Officer	$0	$0	$0
RUTH WITTER	PRESIDENT ELECT	5.000	Officer	$0	$0	$0
KATHLEEN DANIELS	PART PRESIDENT	5.000	Officer	$0	$0	$0
ANGELA MICHAEL	TREASURER	5.000	Officer	$0	$0	$0
JOSIE STUMPF	SECRETARY	5.000	Officer Director	$0	$0	$0
TASHA BATES	REGION 1 DIRECTOR	5.000	Director	$0	$0	$0
KATHLEEN MALLOY	REGION 1 DIRECTOR	5.000	Director	$0	$0	$0
PATTY DUVAL	REGION 2 DIRECTOR	5.000	Director	$0	$0	$0
JACKIE CLARK	REGION 2 DIRECTOR	5.000	Director	$0	$0	$0
BRANDI GUTCH	REGION 3 DIRECTOR	5.000	Director	$0	$0	$0
JENNIFER CARESSIMO	REGION 3 DIRECTOR	5.000	Director	$0	$0	$0
MICHELE MARTINEZ	REGION 4 DIRECTOR	5.000	Director	$0	$0	$0
MITZI MACK	REGION 4 DIRECTOR	5.000	Director	$0	$0	$0
DIONE MILA	REGION 5 DIRECTOR	5.000	Director	$0	$0	$0
TONI LIPSCHER	REGION 5 DIRECTOR	5.000	Director	$0	$0	$0
BRIDGETTE MARSHBURN	DIRECTOR AT LARGE	5.000	Director	$0	$0	$0
MARIE MASGFERRER	DIRECTOR AT LARGE	5.000	Director	$0	$0	$0
DIANA HANESKI	FMQ EDITOR	5.000	Director	$0	$0	$0
VIC BURKE	PARLIAMENTARIAN	5.000	Director	$0	$0	$0
VANGE SCIVALLY	ADMIN SECRETARY	40.00	Highest	$16,782	$0	$16,782
KAITLIN BARRINGTON	FL DOE REPRESENTATIVE	5.000	Director	$0	$0	$0
REBECCA RADIC	WEBMASTER	5.000	Director	$0	$0	$0
SUE AHLERS	FIN COMMITTEE CHAIR	5.000	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	$331,084	$340,484	$471,754	$-9,400
2022	$353,832	$278,552	$475,622	$75,280
2021	$61,525	$36,727	$414,077	$24,798
2020	$289,839	$253,270	$369,143	$36,569
2019	$300,178	$257,413	$325,844	$42,765
2018	$256,743	$227,811	$282,575	$28,932

FLORIDA ASSOCIATION FOR MEDIA IN EDUCATION INC