THEATRICAL PAYROLL SERVICE OF FLORIDA INC (EIN 450498177) - 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

2003

Legal Domicile

Principal Officer

BRIAN HARRIS

Phone

9542022624

Tax Period

2023-01-01 to 2023-12-31

THEATRICAL PAYROLL SERVICE OF FLORIDA INC, founded in 2003, is a small nonprofit in the Employment sector that reported $131K in total revenue in fiscal year 2023. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $75K, a strong 57% operating margin.

Mission

TO ACT AS A PAYROLL COMPANY SOLELY FOR THE INTERNATIONAL ALLIANCE OF THEATRICAL STAGE EMPLOYEES, MOVING PICTURE TECHNICIANS, ARTISTS AND ALLIED CRAFTS OF THE UNITED STATES, ITS TERRITORIES AND CANADA (HEREAFTER "IATSE") LOCAL 500. THE ORGANIZATION GENERATES PAYROLL CHECKS FOR THE SKILLED TECHNICIANS TO RECEIVE A PAYCHECK IN A TIMELY MANNER. THE SOLE FUNCTION OF THE ORGANIZATION IS TO PROVIDE PAYROLL SERVICES TO IATSE LOCAL 500.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $130,524

Investment Income $20

Other Revenue $0

TOTAL REVENUE $130,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,343

Fundraising Expenses $0

Program Expenses $53,194

Other Expenses $9,563

TOTAL EXPENSES $55,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,544	$182,567	-0.3%
Expenses	$55,906	$49,647	+0.1%
Net Income	$74,638	$132,920	-0.4%

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

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

$82,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN HARRIS	PRESIDENT	2.00	Officer	$0	$0	$7,300
THOMAS MCLELLAN	VICE PRESIDE	2.00	Officer	$0	$0	$0
MICHAEL MCCARTHY	SEC BUS. REP	2.00	Officer	$0	$0	$74,800
CRAIG HOBBS	TREASURER	2.00	Officer	$0	$0	$0
MICHAEL DITTMEIER	EXEC BOARD	0.50	Officer	$0	$0	$0
MATTHEW BURGER	EXEC BOARD	0.50	Director	$0	$0	$0
STEVEN COVEY	EXEC BOARD	0.50	Director	$0	$0	$0
GARY DARLING	EXEC BOARD	0.50	Director	$0	$0	$0
PAUL SMITH	EXEC. BOARD	0.50	Director	$0	$0	$0
WILLIAM SCHWEIDEL	EXEC. BOARD	0.50	Director	$0	$0	$0
MAURA PETERSON	EXEC. BOARD	0.50	Director	$0	$0	$0
DAVID KENT	TRUSTEE	0.50	Director	$0	$0	$0
JEFFERY LEHMANN	TRUSTEE	0.50	Director	$0	$0	$0
ANTHONY PAGANELLA	TRUSTEE	0.50	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	$130,544	$55,906	$463,599	$74,638
2022	$182,567	$49,647	$392,898	$132,920
2021	$46,344	$46,582	$144,039	$-238
2020	$57,254	$124,747	$100,574	$-67,493
2019	$150,656	$159,664	$197,092	$-9,008
2018	$105,452	$142,068	$295,549	$-36,616

THEATRICAL PAYROLL SERVICE OF FLORIDA INC