THE FLORIDA CHARTER EDUCATIONAL FOUNDATION INC (EIN 311748540) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

VALORA COLE

Phone

9542023500

Tax Period

2022-07-01 to 2023-06-30

THE FLORIDA CHARTER EDUCATIONAL FOUNDATION INC, founded in 2000, is a major nonprofit in the Education sector that reported $114.6M in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE FOUNDATION OPERATES WINTHROP CHARTER SCHOOL, WINTHROP COLLEGE PREP ACADEMY, WOODMONT CHARTER SCHOOL, KEYS GATE CHARTER SCHOOL, HENDERSON HAMMOCK CHARTER SCHOOL, CLAY CHARTER ACADEMY, SOUTHSHORE CHARTER ACADEMY, WATERSET CHARTER SCHOOL, CREEKSIDE CHARTER ACADEMY, UNION PARK CHARTER ACADEMY AND INNOVATION PREPARATORY ACADEMY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $9,415,202

Program Service Revenue $101,566,028

Investment Income $726,282

Other Revenue $2,868,733

TOTAL REVENUE $114,576,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $55,280,700

Fundraising Expenses $0

Program Expenses $87,903,607

Other Expenses $63,313,910

TOTAL EXPENSES $118,594,610

Year-over-Year Comparison

	2022	2021	Change
Revenue	$114,576,245	$102,486,077	+0.1%
Expenses	$118,594,610	$106,601,589	+0.1%
Net Income	$-4,018,365	$-4,115,512	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

921

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
VALORA COLE	CHAIR	2.00	Officer Director	$0	$0	$0
ERIC JOHNSON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RANDY WALKER	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE KNOBL	SECRETARY	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$114,576,245	$118,594,610	$193,775,713	$-4,018,365
2022	$102,486,077	$106,601,589	$192,676,238	$-4,115,512
2021	$97,506,587	$98,535,093	$156,543,730	$-1,028,506
2020	$82,304,577	$83,268,454	$118,749,726	$-963,877
2019	$79,161,813	$80,468,568	$121,050,428	$-1,306,755
2018	$62,274,343	$63,847,279	$99,650,245	$-1,572,936

THE FLORIDA CHARTER EDUCATIONAL FOUNDATION INC