LAKE ALFRED, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CITRUS RESEARCH AND DEVELOPMENT FOUNDATION INC, founded in 2009, is a mid-sized nonprofit that reported $20.0M in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring.
CITRUS RESEARCH AND DEVELOPMENT FOUNDATION, INC. IS A DIRECT SUPPORT ORGANIZATION FOR THE UNIVERSITY OF FLORIDA. THE FOUNDATION REVIEWS, APPROVES, AND COORDINATES RESEARCH PROJECTS FOCUSED ON DEVELOPING AND DELIVERING SOLUTIONS TO CITRUS DISEASES. FUNDING FOR PROGRAMS OF THE CRDF INCLUDES PROCEEDS OF RESEARCH BOX TAXES LEVIED ON FLORIDA CITRUS GROWERS. IN ADDITION, THE FOUNDATION ALSO RECEIVES LEGISLATIVE FUNDING AND IN THE PAST HAS HAD AND CONTINUES TO SEEK PRIVATE DONATIONS. PRIVATE DONORS PROVIDE IMPORTANT RESEARCH SUPPORT FOR CRDF PROGRAMS. THE RESEARCH MANAGEMENT COMMITTEE (PREVIOUSLY, THE COMMERCIAL PRODUCT DELIVERY COMMITTEE) WORKS WITH RESEARCH PARTNERS TO INSURE INTELLECTUAL PROPERTY RIGHTS ARE PROTECTED AND COMMERCIAL PARTNERS FOR MANUFACTURING AND MARKETING OF TECHNOLOGY ARE IDENTIFIED. PROGRAMS OF THE CRDF BENEFIT NOT ONLY CITRUS GROWERS, BUT ALLIED INDUSTRIES AND THE CITIZENS OF FLORIDA.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $19,971,890 | $39,410,905 | -0.5% |
| Expenses | $21,004,518 | $40,027,704 | -0.5% |
| Net Income | $-1,032,628 | $-616,799 | +0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RICK DANTZLER | CHIEF OP OFF | 40.00 |
Officer
|
$170,684 | $48,527 | $219,211 |
| GEORGE HAMNER | SECRETARY | 10.00 |
Director
|
$0 | $0 | $0 |
| DEELY HUNT | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN UPDIKE JR | EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| MATT MACHATA | DIRECTOR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| RON MAHAN | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MORGAN MCKENNA | PRESIDENT | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| TREVOR MURPHY | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS GUNTER PHD | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN DAVIS PHD | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOBY SHERROD | VICE PRESIDE | 10.00 |
Director
|
$0 | $0 | $0 |
| SARAH SPINOSA | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW STORY | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $19,971,890 | $21,004,518 | $3,716,777 | $-1,032,628 |
| 2024 | $39,410,905 | $40,027,704 | $2,582,151 | $-616,799 |
| 2023 | $14,021,442 | $13,973,788 | $3,702,804 | $47,654 |
| 2022 | $14,397,457 | $15,882,282 | $4,641,516 | $-1,484,825 |
| 2021 | $14,297,672 | $14,722,635 | $4,062,546 | $-424,963 |
| 2020 | $10,569,849 | $10,296,217 | $6,191,513 | $273,632 |
| 2019 | $9,972,571 | $10,298,201 | $4,043,515 | $-325,630 |
| 2018 | $12,535,950 | $13,070,301 | $4,271,378 | $-534,351 |
Compare CITRUS RESEARCH AND DEVELOPMENT FOUNDATION INC with other nonprofits in Florida and across the country.