Florida Society for Health Care Risk Mgmt & Patient Safety (EIN 462275183) - 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

2013

Legal Domicile

Principal Officer

Kenneth Nanni

Phone

3522759369

Tax Period

2024-10-01 to 2025-09-30

Florida Society for Health Care Risk Mgmt & Patient Safety, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

The mission of the organization is to empower members by delivering professional development programs, disseminating best practice resources, and engaging in regulatory/legislative advocacy and to support our

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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 (2024)

Revenue Breakdown

Contributions & Grants $256,539

Program Service Revenue $0

Investment Income $1,433

Other Revenue $0

TOTAL REVENUE $257,972

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,000

Fundraising Expenses $0

Other Expenses $170,393

TOTAL EXPENSES $254,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,972	$234,702	+0.1%
Expenses	$254,393	$227,714	+0.1%
Net Income	$3,579	$6,988	-0.5%

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

N/A

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

$84,000

Total Directors

$84,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Nanni	Executive Director	20.00	Officer Director	$84,000	$0	$84,000
Melissa Lofton	Director	1.00	Director	$0	$0	$0
Nicole Justice	Secretary	1.00	Director	$0	$0	$0
Jennifer Horner	President	1.00	Director	$0	$0	$0
Kimberly Williams	Director	1.00	Director	$0	$0	$0
Myka Whitman	Director	1.00	Director	$0	$0	$0
Joshua Montemayor	Past President	1.00	Director	$0	$0	$0
Anna Kemp	President Elect	1.00	Director	$0	$0	$0
Ryan Kopf	Director	1.00	Director	$0	$0	$0
Peggy Maguire	Director	1.00	Director	$0	$0	$0
Haresh Ramjas	Director	1.00	Director	$0	$0	$0
Melissa Tunc	Director	1.00	Director	$0	$0	$0
Kevin Newman	Treasurer	1.00	Director	$0	$0	$0
Deanna Howell	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	$257,972	$254,393	$263,024	$3,579
2024	$234,702	$227,714	$259,445	$6,988
2023	$238,761	$279,889	$252,457	$-41,128
2022	$220,857	$187,158	$293,585	$33,699
2021	$199,980	$208,875	$259,886	$-8,895
2020	$159,056	$147,025	$268,781	$12,031
2019	$286,780	$230,343	$256,750	$56,437
2018	$261,480	$188,942	$219,448	$72,538

Florida Society for Health Care Risk Mgmt & Patient Safety