FLORIDA OPPORTUNITY FUND INC

EIN: 412262408 501(c)(3) Community Improvement

ORLANDO, FL

Total Revenue
$1,692,296
Total Expenses
$3,096,158
Total Assets
$132,707,426
Net Assets
$132,039,120
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
ROBERT HARVEY
Phone
4079565600
Tax Period
2023-07-01 to 2024-06-30

FLORIDA OPPORTUNITY FUND INC, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 83% operating deficit.

Mission

THE FLORIDA OPPORTUNITY FUND ("FOF OR THE "FUND") IDENTIFIES AND INVESTS IN A DIVERSIFIED, HIGH-QUALITY PORTFOLIO OF SEED AND EARLY STAGE VENTURE CAPITAL FUNDS THAT TARGETS IN WHOLE OR IN PART OPPORTUNITIES WITHIN FLORIDA. IN ADDITION, THE FUND SEEKS TO ACHIEVE A SUPERIOR INTERNAL RATE OF RETURN ON PRIVATE EQUITY INVESTMENTS WHILE CONTRIBUTING TO FLORIDA'S ECONOMIC DEVELOPMENTS; FOSTER THE CREATION, RETENTION, AND GROWTH OF COMPANIES IN FLORIDA; AND ENCOURAGE THE DEVELOPMENT AND GROWTH OF A VIBRANT FLORIDA-BASED VENTURE CAPITAL INVESTMENT COMMUNITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,039,975
Investment Income $-347,679
Other Revenue $0
TOTAL REVENUE $1,692,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,037,359
Other Expenses $3,096,158
TOTAL EXPENSES $3,096,158

Year-over-Year Comparison

2023 2022 Change
Revenue $1,692,296 $33,349,392 -0.9%
Expenses $3,096,158 $2,869,332 +0.1%
Net Income $-1,403,862 $30,480,060 -1.0%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$223,017
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AJ RIPIN CHAIRMAN 1.00
Officer Director
$0 $0 $0
SUSAN AMAT DIRECTOR 1.00
Director
$0 $0 $0
TOMI LAROSSI DIRECTOR 1.00
Director
$0 $0 $0
GARRETT JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
ROBERT HARVEY PRESIDENT 5.00
Officer
$0 $9,995 $172,097
LORNA DUSTI SECRETARY 5.00
Officer
$0 $671 $50,920
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 $1,692,296 $3,096,158 $132,707,426 $-1,403,862
2023 $33,349,392 $2,869,332 $129,288,350 $30,480,060
2022 $3,329,239 $723,070 $103,018,563 $2,606,169
2021 $8,334,220 $8,942,161 $119,810,322 $-607,941
2020 $4,500,855 $3,477,501 $116,067,669 $1,023,354
2019 $7,257,843 $4,416,766 $118,559,042 $2,841,077
2018 $8,316,198 $3,515,782 $119,281,374 $4,800,416
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FLORIDA OPPORTUNITY FUND INC with other nonprofits in Florida and across the country.