FLORIDA AUTOMOBILE DEALERS ASSOCIATION (EIN 590245515) - 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

1920

Legal Domicile

Principal Officer

TED SMITH

Phone

8502241466

Tax Period

2023-10-01 to 2024-09-30

FLORIDA AUTOMOBILE DEALERS ASSOCIATION, founded in 1920, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $814K, a strong 36% operating margin.

Mission

FLORIDA AUTOMOBILE DEALERS ASSOCIATION (FADA) HAS THE FOLLOWING MISSION: 1) FACILITATE THE EXCHANGE OF IDEAS AMONG ITS MEMBERS; PROVIDE INFORMATION, TECHNICAL ASSISTANCE, EDUCATION AND PRODUCTS AND SERVICES TO ALL MEMBER DEALERSHIPS. 2) ENCOURAGE SOUND BUSINESS POLICIES AND PROMOTE ETHICAL STANDARDS. 3) WORK WITH THE FLORIDA LEGISLATURE TO PROMOTE LEGISLATION THAT WILL ENHANCE THE AUTOMOBILE INDUSTRY IN FLORIDA. 4) REPRESENT NEW CAR, FRANCHISED AUTO DEALERS THROUGH LIAISON WITH ALL LINE MAKE MANUFACTURERS. 5) PROMOTE A COMPETITIVE MARKETPLACE FOR FLORIDA CONSUMERS. 6) WORK CLOSELY WITH THE FLORIDA AGENCIES THAT REGULATE THE AUTOMOBILE INDUSTRY TO ENSURE THE FAIR TREATMENT OF MEMBERS WHILE MAINTAINING THE INTERESTS OF CONSUMERS. 7) WORK CLOSELY WITH THE MEDIA AND CONSUMER GROUPS TO EDUCATE AND ENLIGHTEN THE PUBLIC ON ALL AUTOMOBILE INDUSTRY ISSUES. 8) WORK WITH OTHER BUSINESS AND INDUSTRY COALITIONS TO PROMOTE AND ENHANCE FLORIDA'S BUSINESS CLIMATE.

🔒

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 $1,188,078

Investment Income $263,495

Other Revenue $792,663

TOTAL REVENUE $2,244,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $598,120

Fundraising Expenses $0

Other Expenses $832,258

TOTAL EXPENSES $1,430,378

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,244,236	$1,799,293	+0.2%
Expenses	$1,430,378	$996,338	+0.4%
Net Income	$813,858	$802,955	+0.0%

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

Governance

Voting Members

Independent Members

Employees

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

$309,268

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TED SMITH	PRESIDENT	40.00	Officer	$266,919	$42,349	$309,268
ALFRED ANDREWS	DIRECTOR	2.00	Director	$0	$0	$0
TELIS ASSIMENIOS	ADIAB REP./D	2.00	Director	$0	$0	$0
BRYAN BLAIR	DIRECTOR	2.00	Director	$0	$0	$0
TOM CASTRIOTA	NADA FL DIRE	2.00	Director	$0	$0	$0
JONATHAN CHARIFF	ADIAB REP./D	2.00	Director	$0	$0	$0
CASEY COFFEY	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS CONLEY	AREA REP/DIR	2.00	Director	$0	$0	$0
JC CORREA	DIRECTOR	2.00	Director	$0	$0	$0
GREG DOUGLAS	IMMED.PAST C	2.00	Officer Director	$0	$0	$0
ROBERT GALLOWAY	DIRECTOR	2.00	Director	$0	$0	$0
ALEX GRAHAM	DIRECTOR	2.00	Director	$0	$0	$0
JOE GUNTHER	DIRECTOR	2.00	Director	$0	$0	$0
FRANK HAMNER	DIRECTOR	2.00	Director	$0	$0	$0
RANDY HOFFMAN	AREA REP/DIR	2.00	Director	$0	$0	$0
BILL HULL	DIRECTOR	2.00	Director	$0	$0	$0
TIM KELLY	DIRECTOR	2.00	Director	$0	$0	$0
SHANNON KOMINOWSKI	AREA REP/DIR	2.00	Director	$0	$0	$0
CHRIS KRAFT	TREASURER	2.00	Officer Director	$0	$0	$0
BILL LYNCH	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MAHALAK	AREA REP/DIR	2.00	Director	$0	$0	$0
KEN MARKS	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON MAYNARD	DIRECTOR	2.00	Director	$0	$0	$0
PAUL MCNAMARA	LEGISLATIVE	2.00	Director	$0	$0	$0
MEGAN BUSH DEL PIZZO	CHAIR ELECT	2.00	Officer Director	$0	$0	$0
ERASMO REBOLLEDO	DIRECTOR	2.00	Director	$0	$0	$0
JAY RIVCHIN	DIRECTOR	2.00	Director	$0	$0	$0
OMAR RODRIGUEZ	DIRECTOR	2.00	Director	$0	$0	$0
TRAVIS SANTOS	DIRECTOR	2.00	Director	$0	$0	$0
BRETT SERBOUSEK	DIRECTOR	2.00	Director	$0	$0	$0
JUDY SERRA	DIRECTOR	2.00	Director	$0	$0	$0
ALEX SHACK	DIRECTOR	2.00	Director	$0	$0	$0
BRECK SLOAN	DIRECTOR	2.00	Director	$0	$0	$0
GREG SOULLIERE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
KARMALA SUTTON	DIRECTOR	2.00	Director	$0	$0	$0
ALAN WILDSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
ZACHARY ZINN	DIRECTOR	2.00	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
2024	$2,244,236	$1,430,378	$7,658,308	$813,858
2023	$1,799,293	$996,338	$7,076,003	$802,955
2022	$1,471,249	$732,880	$5,553,448	$738,369
2021	$1,257,191	$725,228	$4,731,074	$531,963
2020	$1,032,988	$811,386	$4,061,152	$221,602
2019	$1,007,552	$886,486	$3,966,271	$121,066
2018	$970,266	$868,130	$3,681,479	$102,136

FLORIDA AUTOMOBILE DEALERS ASSOCIATION