FORD MINORITY DEALERS ASSOCIATION (EIN 371656497) - 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

ANGELO V FLEMING

Phone

2485572500

Tax Period

2023-01-01 to 2023-12-31

FORD MINORITY DEALERS ASSOCIATION, founded in 2011, is a community nonprofit in the Community Improvement sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $415K, a strong 28% operating margin.

Mission

TO IMPROVE THE QUALITY AND QUANTITY OF FORD MOTOR MINORITY OWNED DEALERSHIPS

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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 $1,449,072

Program Service Revenue $0

Investment Income $12,460

Other Revenue $0

TOTAL REVENUE $1,461,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $256,177

Fundraising Expenses $0

Program Expenses $1,046,277

Other Expenses $790,100

TOTAL EXPENSES $1,046,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,461,532	$835,254	+0.7%
Expenses	$1,046,277	$994,409	+0.1%
Net Income	$415,255	$-159,155	-3.6%

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

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

$141,131

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MERLTON BRANDENBERG	SECRETARY	4.00	Officer Director	$0	$0	$0
ANTHONY GORDON	TREASURER	4.00	Officer Director	$0	$0	$0
RAY FREGIA JR	PAST CHAIRMAN	4.00	Officer Director	$0	$0	$0
EDDIE HALL III	DIRECTOR	4.00	Director	$0	$0	$0
JAY GILL	DIRECTOR	4.00	Director	$0	$0	$0
ROBERT VALDES	CHAIRMAN	4.00	Officer Director	$0	$0	$0
CARL BARNETT	DIRECTOR	4.00	Director	$0	$0	$0
ZACH BRANDT	DIRECTOR	4.00	Director	$0	$0	$0
LUIS SOMOANO	DIRECTOR	4.00	Director	$0	$0	$0
NICHOLAS VARELA	DIRECTOR	4.00	Director	$0	$0	$0
ANGELO V FLEMING	EXECUTIVE DIRECTOR	40.00	Officer	$141,131	$0	$141,131

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	$1,461,532	$1,046,277	$1,343,045	$415,255
2022	$835,254	$994,409	$891,318	$-159,155
2021	$696,745	$827,313	$1,049,788	$-130,568
2020	$607,756	$502,679	$1,152,535	$105,077
2019	$798,809	$785,718	$1,026,602	$13,091
2018	$867,072	$750,730	$1,009,967	$116,342

FORD MINORITY DEALERS ASSOCIATION