FLORIDA ALTERNATIVE INVESTMENT ASSOCIATION INC (EIN 274445442) - 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

2011

Legal Domicile

Principal Officer

MICHAEL CORCELLI

Phone

7865745161

Tax Period

2023-01-01 to 2023-12-31

FLORIDA ALTERNATIVE INVESTMENT ASSOCIATION INC, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $50K in total revenue in fiscal year 2023. Revenue fell 88% from the prior year — a significant decline worth monitoring.

Mission

ALTERNATIVE INVESTMENT MANAGEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,516

Other Expenses $51,691

TOTAL EXPENSES $51,691

Year-over-Year Comparison

	2023	2022	Change
Revenue	$50,000	$418,951	-0.9%
Expenses	$51,691	$381,522	-0.9%
Net Income	$-1,691	$37,429	-1.0%

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

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	Role	Reportable Comp	Other Comp	Total
Maurice Berkower	Treasurer	Officer Director	$0	$0	$0
Michael Corcelli	President	Officer Director	$0	$0	$0
Jay Gould	Director	Officer Director	$0	$0	$0
Rainford Knight	Director	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
2024	No data	No data	No data	No data
2023	$50,000	$51,691	$43,619	$-1,691
2022	$418,951	$381,522	$41,842	$37,429
2021	$412,768	$393,530	$25,512	$19,238
2020	$269,708	$255,656	$25,404	$14,052
2019	$166,971	$160,752	$36,820	$6,219
2018	$139,863	$158,233	$31,601	$-18,370

FLORIDA ALTERNATIVE INVESTMENT ASSOCIATION INC