IMSA OF FLORIDA INC (EIN 272912338) - 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

2010

Legal Domicile

Principal Officer

WAYNE BRYAN

Phone

8509334292

Tax Period

2024-11-01 to 2025-10-31

IMSA OF FLORIDA INC, founded in 2010, is a small nonprofit that reported $441K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $495K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROMOTE TRAINING AND EDUCATION PROGRAMS OF PUBLIC SAFETY

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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 $0

Program Service Revenue $438,717

Investment Income $2,576

Other Revenue $0

TOTAL REVENUE $441,293

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $500

Fundraising Expenses $0

Program Expenses $486,603

Other Expenses $493,312

TOTAL EXPENSES $495,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$441,293	$556,216	-0.2%
Expenses	$495,312	$491,410	+0.0%
Net Income	$-54,019	$64,806	-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

N/A

Volunteers

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

$500

Total Directors

$500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BERENS	VICE PRESIDE	5.00	Officer Director	$500	$0	$500
KENNETH BALDWIN	2ND VICE PRE	5.00	Officer Director	$0	$0	$0
WAYNE BRYAN	SECRETARY/TR	10.00	Officer Director	$0	$0	$0
JOHN TYSON EVATZ	PRESIDENT	5.00	Officer Director	$0	$0	$0
DONALD FULLERTON	PAST PRESIDE	5.00	Officer Director	$0	$0	$0
JOSEPH MOLINARO	COUNSEL DELE	5.00	Officer Director	$0	$0	$0
ROY SCHOFIELD	3RD VICE PRE	5.00	Officer Director	$0	$0	$0
MATT WEISMAN	ALT DELEGATE	5.00	Officer 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
2025	$441,293	$495,312	$165,391	$-54,019
2024	$556,216	$491,410	$219,410	$64,806
2022	$282,459	$320,717	$196,073	$-38,258
2021	$292,458	$208,708	$234,331	$83,750
2020	$332,039	$265,544	$150,581	$66,495
2019	$334,018	$343,307	$84,086	$-9,289
2018	$251,140	$271,183	$93,375	$-20,043

IMSA OF FLORIDA INC