BREVARD FEDERATION OF TEACHERS 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

1976

Legal Domicile

Principal Officer

ANTHONY COLUCCI

Phone

3216363323

Tax Period

2024-09-01 to 2025-08-31

BREVARD FEDERATION OF TEACHERS INC, founded in 1976, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.4M left a modest 8% surplus.

Mission

TO PROMOTE, DEVELOP, SUPPORT AND INSPIRE OUR MEMBERS, WITH INTEGRITY AND PROFESSIONALISM, IN ORDER TO CONTINUOUSLY IMPROVE PUBLIC EDUCATION, WHILE BUILDING BRIDGES AMONG TEACHERS, STUDENTS, PARENTS, AND THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $2,421,624

PROVIDE SUPPORT, EDUCATION AND REPRESENTATION TO OVER 2,500 TEACHERS IN BREVARD COUNTY, FLORIDA.

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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 $2,625,657

Program Service Revenue $0

Investment Income $0

Other Revenue $750

TOTAL REVENUE $2,626,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $560,313

Fundraising Expenses $0

Program Expenses $2,421,624

Other Expenses $1,861,311

TOTAL EXPENSES $2,421,624

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,626,407	$2,520,098	+0.0%
Expenses	$2,421,624	$2,284,978	+0.1%
Net Income	$204,783	$235,120	-0.1%

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

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

$381,164

Total Directors

$390,164

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY COLUCCI	PRESIDENT	45.00	Officer Director	$62,030	$0	$101,908
VANESSA SKIPPER	1ST VICE PRESIDENT	45.00	Officer Director	$57,376	$0	$94,532
JONATHAN HILLARD	2ND VICE PRESIDENT	45.00	Officer Director	$58,018	$0	$95,550
KYLE SAVAGE	TREASURER	45.00	Officer Director	$53,364	$0	$88,174
MICHELE MCCORMACK	DIRECTOR	5.00	Director	$1,000	$0	$1,000
KEVIN HOWKINS	DIRECTOR	5.00	Director	$1,000	$0	$1,000
TRACY STILES	SECRETARY	5.00	Officer Director	$1,000	$0	$1,000
JACKIE SMALL	DIRECTOR	5.00	Director	$1,000	$0	$1,000
MICHAEL BROUD	DIRECTOR	5.00	Director	$1,000	$0	$1,000
CAITIE WALTERS	DIRECTOR	5.00	Director	$1,000	$0	$1,000
MATT YOUNT	DIRECTOR	5.00	Director	$1,000	$0	$1,000
HOLLY NEWMAN	DIRECTOR	5.00	Director	$1,000	$0	$1,000
KATE THOMER	DIRECTOR	5.00	Director	$1,000	$0	$1,000
KHADEJAH VEAL	DIRECTOR	5.00	Director	$1,000	$0	$1,000

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	$2,626,407	$2,421,624	$1,142,721	$204,783
2024	$2,520,098	$2,284,978	$884,396	$235,120
2023	$2,513,767	$2,535,502	$597,470	$-21,735
2022	$2,326,862	$2,277,304	$778,639	$49,558
2021	$2,280,362	$2,140,828	$618,029	$139,534
2020	$2,151,201	$1,954,002	$465,499	$197,199
2019	$1,932,538	$1,875,516	$347,160	$57,022