FLORIDA TAX EDUCATION FOUNDATION INC (EIN 455197356) - 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

2012

Legal Domicile

Principal Officer

MATTHEW SCHEER

Phone

2162413922

Tax Period

2024-07-01 to 2025-06-30

FLORIDA TAX EDUCATION FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $50K, a strong 19% operating margin.

Mission

FOR CHARITABLE , EDUCATIONAL AND LITERARY PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING FOR ALL SUCH PURPOSES, MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3).

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $179,440

Program Service Revenue $83,340

Investment Income $590

Other Revenue $0

TOTAL REVENUE $263,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,473

Other Expenses $213,538

TOTAL EXPENSES $213,538

Year-over-Year Comparison

	2024	2023	Change
Revenue	$263,370	$291,885	-0.1%
Expenses	$213,538	$327,550	-0.3%
Net Income	$49,832	$-35,665	-2.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN B DETZEL	DIRECTOR	1.00	Director	$0	$0	$0
LOUIS J NOSTRO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN C BOVAY	DIRECTOR	2.00	Director	$0	$0	$0
JOLYON D ACOSTA	DIRECTOR	1.00	Director	$0	$0	$0
A BRIAN PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID E BOWERS	DIRECTOR	1.00	Director	$0	$0	$0
DENNIS A CALFEE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL L KOHNER	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW AHEARN	VP/SECRETARY	1.00	Director	$0	$0	$0
SCOTT A BOWMAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL BURNS	PRESIDENT/ TREASURER	2.00	Director	$0	$0	$0
MICHAEL FRIEL	DIRECTOR	1.00	Director	$0	$0	$0
FRED F MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD B COMITER	DIRECTOR	1.00	Director	$0	$0	$0
CARLA DELOACH	DIRECTOR	1.00	Director	$0	$0	$0
STAR SANSONE	DIRECTOR	1.00	Director	$0	$0	$0
ABRAHAM SHASHY	DIRECTOR	1.00	Director	$0	$0	$0
KATEENA MANNERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PRATT	DIRECTOR	1.00	Director	$0	$0	$0
CRISTIN C KEANE	DIRECTOR	1.00	Director	$0	$0	$0
SUMMER A LEPREE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN J SCROGGIN	DIRECTOR	1.00	Director	$0	$0	$0
CHARLENE LUKE	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN Y DETZEL	DIRECTOR	1.00	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	$263,370	$213,538	$75,675	$49,832
2024	$291,885	$327,550	$25,843	$-35,665
2023	$234,482	$247,041	$59,690	$-12,559
2022	$232,753	$236,133	$72,249	$-3,380
2021	$134,034	$109,519	$78,629	$24,515
2019	$237,333	$274,663	$48,906	$-37,330
2018	$229,830	$214,702	$85,241	$15,128

FLORIDA TAX EDUCATION FOUNDATION INC