CURRENT OF TAMPA BAY INC (EIN 262833911) - 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

2008

Legal Domicile

Principal Officer

JASON A SOWELL

Phone

7275379082

Tax Period

2024-01-01 to 2024-12-31

CURRENT OF TAMPA BAY INC, founded in 2008, is a small nonprofit in the Religion sector that reported $209K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $198K left a modest 5% surplus.

Mission

We educate communities through on-going awareness events, hosting local events at businesses & community centers and local churches about humanitarian social initiatives. We mobilize communities through three outlets - Laundry Project, Hope for Homes & Affordable Christmas.

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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 $208,514

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,164

Fundraising Expenses $0

Program Expenses $121,088

Other Expenses $163,727

TOTAL EXPENSES $197,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,514	$223,003	-0.1%
Expenses	$197,891	$236,195	-0.2%
Net Income	$10,623	$-13,192	-1.8%

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

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

$11,200

Total Directors

$14,675

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW MASSARO	TREASURER	5.00	Director	$0	$0	$0
ANYE COLE	VICE PRESIDENT	5.00	Director	$0	$0	$0
JASON SOWELL	PRESIDENT	40.00	Officer Highest	$11,200	$0	$11,200
HEATHER UNGER	SECRETARY	5.00	Director	$0	$0	$0
TRACY THRASH	DIRECTOR	5.00	Director	$0	$0	$0
NICHOLAS COX	DIRECTOR	5.00	Director	$0	$0	$0
IRA LOCKHART	DIRECTOR	5.00	Director	$0	$0	$0
DENISE HOUGH	OHIO AREA DIRECTOR	10.00	Director	$3,600	$0	$3,600
COREY EASTERDAY	NATIONAL DIRECTOR	20.00	Director	$11,075	$0	$11,075

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	$208,514	$197,891	$16,441	$10,623
2023	$223,003	$236,195	$5,818	$-13,192
2022	$236,165	$244,719	$19,010	$-8,554
2021	$210,550	$191,864	$27,564	$18,686
2020	$172,199	$242,793	$15,979	$-70,594
2019	$181,862	$238,521	$79,473	$-56,659
2018	$285,288	$257,008	$136,132	$28,280

CURRENT OF TAMPA BAY INC