FLORIDA BLUE KEY INC

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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

SEAN HARKINS

Phone

8132402050

Tax Period

2024-07-01 to 2025-06-30

FLORIDA BLUE KEY INC, founded in 1973, is a small nonprofit in the Education sector that reported $590K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $708K exceeded revenue, resulting in a 20% operating deficit.

Mission

FLORIDA BLUE KEY MISSION IS TO LEAD AND SERVE BOTH THE UNIVERSITY OF FLORIDA AND THE STATE OF FLORIDA

Program Service Accomplishments

Program 1

Expenses: $430,724 Revenue: $161,235

HOMECOMING AND GATOR GROWL

Program 2

Expenses: $83,836 Revenue: $114,536

SPEECH AND DEBATE

Program 3

Expenses: $19,800 Revenue: $0

SOCIAL

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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 $55,342

Program Service Revenue $534,980

Investment Income $0

Other Revenue $0

TOTAL REVENUE $590,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $567,844

Other Expenses $708,250

TOTAL EXPENSES $708,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$590,322	$739,568	-0.2%
Expenses	$708,250	$709,226	0.0%
Net Income	$-117,928	$30,342	-4.9%

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

N/A

Independent Members

N/A

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
SEAN HARKINS	PRESIDENT	0.00	Officer	$0	$0	$0
Isabel Ponce	VP OF EXTERNAL AFFAIRS	10.00	Officer	$0	$0	$0
ALEAH HENLEY	VP OF MEMBERSHIP	10.00	Officer	$0	$0	$0
KRYSTAL FELIX	SECRETARY	10.00	Officer	$0	$0	$0
KYLE KUHN	TREASURER	10.00	Officer	$0	$0	$0
COURTNEY JONES	DIVISIONS COORDINATOR	10.00	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
2025	$590,322	$708,250	$258,543	$-117,928
2024	No data	No data	No data	No data
2023	$633,249	$523,140	$346,128	$110,109
2022	$729,468	$755,694	$373,578	$-26,226
2021	$216,760	$157,647	$306,080	$59,113
2020	$744,458	$639,055	$236,247	$105,403
2019	$772,924	$771,662	$181,957	$1,262