FLORIDA ASSOCIATION OF BROADCASTER… - Form 990 Financial Data

🔒

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

1969

Legal Domicile

Principal Officer

C PATRICK ROBERTS

Phone

8506816444

Tax Period

2024-07-01 to 2025-06-30

FLORIDA ASSOCIATION OF BROADCASTERS INC, founded in 1969, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $818K, a strong 23% operating margin.

Mission

THE GENERAL OBJECTS AND PURPOSES OF THE CORPORATION SHALL BE A BENEVOLENT ASSOCIATION OF MEMBERS OF THE BROADCASTING AND TELEVISION INDUSTRY OF FLORIDA FOR PUBLIC INTEREST, CONVENIENCE AND NECESSITY AND ORGANIZED TO PROMOTE THE WELL BEING, COOPERATION AND PROSPERITY OF THE OWNERS, MANAGERS, EMPLOYEES, AND SPECIALTIES ENGAGED IN THE BUSINESS OF BROADCASTING AND TELEVISING IN THE STATE OF FLORIDA.

Program Service Accomplishments

Program 1

NON-COMMERCIAL SUSTAINING ANNOUNCEMENTS - FLORIDA ASSOCIATION OF BROADCASTERS (FAB) WORKS WITH THE GOVERNOR, CABINET MEMBERS AND STATE AGENCIES TO DISTRIBUTE PUBLIC SERVICE ANNOUNCEMENTS RELATING TO IMPORTANT ISSUES FACING FLORIDA, AS WELL AS NOT FOR PROFIT ORGANIZATIONS, ALLOWING STATIONS TO FULFILL THEIR OBLIGATIONS TO INFORM AND EDUCATE THE CITIZENS OF FLORIDA ABOUT INFORMATION AND RELEVANT TOPICS. DURING FY 2025, MEMBERS RAN 460,257 SPOTS TOTALING $28,930,493 MILLION OF AIR TIME.

Program 2

FCC INSPECTIONS - FLORIDA ASSOCIATION OF BROADCASTERS PROVIDES TELEVISION AND RADIO STATIONS WITH THE OPPORTUNITY TO TAKE ADVANTAGE OF THE FAB/FCC ALTERNATIVE INSPECTION PROGRAM. FAB HAS CONTRACTED AN INDEPENDENT INSPECTOR WHO CAN DO A COMPLETE FCC INSPECTION OF A STATION. IF THE STATION IS IN COMPLIANCE, FAB WILL ISSUE THE STATION A CERTIFICATE OF COMPLIANCE AND NOTIFY THE FCC. UNDER AN AGREEMENT WITH THE FCC, THE RANDOM INSPECTION REQUIREMENT IS WAIVED FOR THREE YEARS FOR STATIONS RECEIVING A CERTIFICATE OF COMPLIANCE. DURING FY 2025, 22 STATIONS RECEIVED INSPECTIONS UNDER THIS PROGRAM.

🔒

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 $0

Program Service Revenue $3,583,621

Investment Income $-52,497

Other Revenue $8,574

TOTAL REVENUE $3,539,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,292,836

Fundraising Expenses $0

Other Expenses $1,428,837

TOTAL EXPENSES $2,721,673

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,539,698	$2,451,615	+0.4%
Expenses	$2,721,673	$2,540,697	+0.1%
Net Income	$818,025	$-89,082	-10.2%

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

$868,800

Total Directors

$702,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARA KUNKLER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOHN SOAPES	CHAIRMAN-ELECT	1.00	Officer Director	$0	$0	$0
JASON MEDER	VICE CHAIRMAN - RADIO	1.00	Officer Director	$0	$0	$0
JEFFREY BENNINGHOFF	VICE CHAIRMAN - TV	1.00	Officer Director	$0	$0	$0
JORGE CARBALLO	VICE CHAIRMAN - HISPANIC	1.00	Officer Director	$0	$0	$0
ADIB EDEN	IMMEDIATE PAST CHAIRMAN	1.00	Officer Director	$0	$0	$0
C PATRICK ROBERTS	PRESIDENT & CEO	40.00	Officer Director	$702,750	$0	$702,750
ALAN CHATMAN	DIRECTOR	1.00	Director	$0	$0	$0
BERT MEDINA	DIRECTOR	1.00	Director	$0	$0	$0
BILL SIEGEL	DIRECTOR	1.00	Director	$0	$0	$0
BOB LONGO	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE TAPLETT	DIRECTOR	1.00	Director	$0	$0	$0
CORY CULLETON	DIRECTOR	1.00	Director	$0	$0	$0
DARREL LIEZE-ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
DEISY BERMUDEZ	DIRECTOR	1.00	Director	$0	$0	$0
JEFF MALONEY	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE RICKS	DIRECTOR	1.00	Director	$0	$0	$0
PAM BARBER	DIRECTOR	1.00	Director	$0	$0	$0
PAUL BRIGGS	DIRECTOR	1.00	Director	$0	$0	$0
TERRI COPE WALTON	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN CASSIDY	DIRECTOR	1.00	Director	$0	$0	$0
DAVE HOXENG	DIRECTOR	1.00	Director	$0	$0	$0
AJ LURIE	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE MADURI	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDIA MENEGUS	DIRECTOR	1.00	Director	$0	$0	$0
DONNY HUDOSN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH HAMMA	DIRECTOR	1.00	Director	$0	$0	$0
HEIDI RAPHAEL	DIRECTOR	1.00	Director	$0	$0	$0
JIM SCHWARTZEL	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LABONIA	DIRECTOR	1.00	Director	$0	$0	$0
PAUL ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
NICKY SPARROW	DIRECTOR	1.00	Director	$0	$0	$0
RALPH RENZI	DIRECTOR	1.00	Director	$0	$0	$0
RANDY WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
SHARI GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
TOMAS MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
TONY RENDA	DIRECTOR	1.00	Director	$0	$0	$0
BILL BAUMAN	DIRECTOR	1.00	Director	$0	$0	$0
DOUG BARKER	DIRECTOR	1.00	Director	$0	$0	$0
LINDA BYRD	DIRECTOR	1.00	Director	$0	$0	$0
BILL CAREY	DIRECTOR	1.00	Director	$0	$0	$0
JERRY CARR	DIRECTOR	1.00	Director	$0	$0	$0
DAVE COBB	DIRECTOR	1.00	Director	$0	$0	$0
MANNY CALVO	DIRECTOR	1.00	Director	$0	$0	$0
DEAN GOODMAN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HUNT	DIRECTOR	1.00	Director	$0	$0	$0
JOSH MCGRAW	DIRECTOR	1.00	Director	$0	$0	$0
CLARENCE MCKEE	DIRECTOR	1.00	Director	$0	$0	$0
STEVE PONTIUS	DIRECTOR	1.00	Director	$0	$0	$0
SHAWN PORTMANN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SCHWEITZER	DIRECTOR	1.00	Director	$0	$0	$0
JIM UNDERWOOD	DIRECTOR	1.00	Director	$0	$0	$0
BILL HENDRICH	DIRECTOR	1.00	Director	$0	$0	$0
CLAUDIA PUIG	DIRECTOR	1.00	Director	$0	$0	$0
ART ROWBOTHAM	DIRECTOR	1.00	Director	$0	$0	$0
SHERRI HOLLADAY	DIRECTOR	1.00	Director	$0	$0	$0
LUIS FERNANDEZ-ROCHA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE PUMO	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER PEEPLES	DIRECTOR	1.00	Director	$0	$0	$0
DAVE ZEPLOWITZ	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
DAN SPEARS	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
DENYSE MESNIK	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
CHRIS MEINHARDT	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
JON KROBOT	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
KEITH MILES	DIRECTOR (NON-VOTING)	1.00	Director	$0	$0	$0
HEATHER LOMAGISTRO	EXEC VP/COO	40.00	Officer	$153,000	$13,050	$166,050

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	$3,539,698	$2,721,673	$3,179,528	$818,025
2024	$2,451,615	$2,540,697	$2,561,601	$-89,082
2023	$1,465,884	$2,117,098	$2,375,453	$-651,214
2022	$2,841,948	$2,276,284	$2,924,163	$565,664
2021	$2,267,707	$1,845,768	$2,403,439	$421,939
2020	$1,995,901	$2,120,370	$1,867,439	$-124,469
2018	$1,748,923	$2,025,137	$2,068,962	$-276,214

FLORIDA ASSOCIATION OF BROADCASTERS INC