FLORIDA ENGINEERING SOCIETY INC

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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

1960

Legal Domicile

Principal Officer

ALLEN DOUGLAS

Phone

8502247121

Tax Period

2022-07-01 to 2023-06-30

FLORIDA ENGINEERING SOCIETY INC, founded in 1960, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2022.

Mission

TO ADVANCE PUBLIC WELFARE AND TO PROMOTE THE PROFESSIONAL, SOCIAL AND ECONOMIC INTERESTS OF THE ENGINEERING PROFESSION.

Program Service Accomplishments

Program 1

PUBLICATIONS OF JOURNAL - FLORIDA ENGINEERING SOCIETY: PUBLISHED MONTHLY AND DISTRIBUTED TO APPROXIMATELY 2,335 MEMBERS AND 7 SUBSCRIBERS. THE JOURNAL WAS DISCONTINUED DURING THIS PERIOD.

Program 2

CONDUCTING CONVENTIONS, SEMINARS AND MEETINGS: ANNUAL MEETING ATTENDED BY APPROXIMATELY 460 PERSONS PROVIDING MEMBERS WITH EDUCATION IN ADMINISTRATIVE, LEGISLATIVE AND TECHNICAL MATTERS.

Program 3

PROVIDES ADMINISTRATIVE AND FINANCIAL SUPPORT FOR FOUR PRACTICE SECTIONS, 19 LOCAL CHAPTERS, AND 27 COMMITTEES, COMPRISED OF VOLUNTEER MEMBERS, ADDRESSING VARIOUS ISSUES AND CONCERNS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $46,819

Program Service Revenue $1,239,952

Investment Income $9,275

Other Revenue $104,681

TOTAL REVENUE $1,400,727

Expense Breakdown

Grants Paid $56,457

Salaries & Benefits $454,832

Fundraising Expenses $0

Other Expenses $999,581

TOTAL EXPENSES $1,510,870

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,400,727	$1,417,421	0.0%
Expenses	$1,510,870	$1,288,270	+0.2%
Net Income	$-110,143	$129,151	-1.9%

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

Volunteers

955

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

$163,354

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN DOUGLAS	EXECUTIVE DI	19.00	Officer	$74,676	$7,779	$163,354
AMBER L GARTNER PE	VP REGION II	0.50	Director	$0	$0	$0
BRYANT A KING PE	VP REGION I	0.50	Director	$0	$0	$0
CARLOS A PENIN PE	PAST PRESIDE	0.50	Director	$0	$0	$0
GREGORY S STEVENS PE	VP REGION VI	0.50	Director	$0	$0	$0
KELLY CRANFORD PE	PRESIDENT	0.50	Officer Director	$0	$0	$0
MANDEE E BRANDT PE	VP REGION II	0.50	Director	$0	$0	$0
MARK J FREDERICK PE	VP REGION IV	0.50	Director	$0	$0	$0
RUDY M ORTIZ PE	VP REGION VI	0.50	Director	$0	$0	$0
WILL B CORNELIUS II PE	VP REGION V	0.50	Director	$0	$0	$0
CHARLES W DAVIS JR PHD	VP OF FINANC	0.50	Officer Director	$0	$0	$0
RONALD M COLAS PE SI	PRESIDENT-EL	0.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,400,727	$1,510,870	$3,322,548	$-110,143
2022	$1,417,421	$1,288,270	$3,870,362	$129,151
2021	$906,061	$802,767	$3,195,211	$103,294
2019	$2,111,282	$2,037,947	$3,155,469	$73,335
2018	$2,104,884	$1,950,525	$3,217,223	$154,359