SOUTH FLORIDA LABOR MANAGEMENT COOPERATION COMMITTEE (EIN 452829205) - 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

2010

Legal Domicile

Principal Officer

CHRISTOPHER SIMPSON

Phone

3058289918

Tax Period

2023-01-01 to 2023-12-31

SOUTH FLORIDA LABOR MANAGEMENT COOPERATION COMMITTEE, founded in 2010, is a small nonprofit in the Employment sector that reported $254K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $483K exceeded revenue, resulting in a 90% operating deficit.

Mission

TO IMPROVE COMMUNICATION BETWEEN REPRESENTATIVES OF LABOR AND MANAGEMENT. TO PROVIDE WORKERS AND EMPLOYERS WITH OPPORTUNITIES TO STUDY AND EXPLORE NEW AND INNOVATIVE JOINT APPROACHES TO ACHIEVING ORGANIZATIONAL EFFECTIVENESS.

🔒

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 $253,950

Investment Income $0

Other Revenue $0

TOTAL REVENUE $253,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,867

Fundraising Expenses $0

Other Expenses $356,643

TOTAL EXPENSES $482,510

Year-over-Year Comparison

	2023	2022	Change
Revenue	$253,950	$368,407	-0.3%
Expenses	$482,510	$231,968	+1.1%
Net Income	$-228,560	$136,439	-2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE HELMS	TRUSTEE	0.30	Officer Director	$0	$0	$0
WILLIAM RILEY	TRUSTEE	0.30	Officer Director	$0	$0	$0
ROCE SIMPSON	TRUSTEE	0.30	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	$253,950	$482,510	$202,179	$-228,560
2022	$368,407	$231,968	$430,739	$136,439
2021	$103,200	$238,773	$294,300	$-135,573
2020	No data	$207,437	$429,873	No data
2019	$9,590	$177,663	$637,310	$-168,073
2018	$192,302	$241,959	$856,073	$-49,657

SOUTH FLORIDA LABOR MANAGEMENT COOPERATION COMMITTEE