ACCELERATE BREVARD CHAMBER OF INNOVATION INC (EIN 590903980) - 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

1968

Legal Domicile

Principal Officer

JIMMY LANE

Phone

3214592200

Tax Period

2024-01-01 to 2024-12-31

ACCELERATE BREVARD CHAMBER OF INNOVATION INC, founded in 1968, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 13% surplus.

Mission

THE CHAMBER'S MISSION IS TO SERVE AS AN INNOVATIVE HUB WHERE DIVERSE THINKERS, POWERFUL IDEAS, AND PROVEN EXPERTISE COME TOGETHER TO EXPLORE, REIMAGINE, AND CREATE WHAT'S POSSIBLE.

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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 $29,202

Program Service Revenue $848,596

Investment Income $319,148

Other Revenue $56,850

TOTAL REVENUE $1,253,796

Expense Breakdown

Grants Paid $0

Salaries & Benefits $584,619

Fundraising Expenses $0

Program Expenses $653,322

Other Expenses $500,618

TOTAL EXPENSES $1,085,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,253,796	$863,788	+0.5%
Expenses	$1,085,237	$982,216	+0.1%
Net Income	$168,559	$-118,428	-2.4%

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

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

$181,223

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SKIP MARSH	CHAIRMAN	0.50	Officer Director	$0	$0	$0
EVA REY	FIRST CHAIR	0.50	Officer Director	$0	$0	$0
DANIEL CIURO	SECOND CHAIR	0.50	Officer Director	$0	$0	$0
ALEC HALL	TREASURER	0.50	Officer Director	$0	$0	$0
CORDELL ROLLE	IMMEDIATE PA	0.50	Officer Director	$0	$0	$0
LAURIE CAPPELLI	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH CARSON	DIRECTOR	0.50	Director	$0	$0	$0
PAM DAVIS	DIRECTOR	0.50	Director	$0	$0	$0
CINDY DROPESKI	DIRECTOR	0.50	Director	$0	$0	$0
DANA GOOD	DIRECTOR	0.50	Director	$0	$0	$0
DIANE HAWTHRONE	DIRECTOR	0.50	Director	$0	$0	$0
RICH HENSEL	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN HOUSER	DIRECTOR	0.50	Director	$0	$0	$0
LARRY JARNES	DIRECTOR	0.50	Director	$0	$0	$0
MATT MCKELVEY	DIRECTOR	0.50	Director	$0	$0	$0
JEANNA MERRIFIELD	DIRECTOR	0.50	Director	$0	$0	$0
TARA PAGLIARINI	DIRECTOR	0.50	Director	$0	$0	$0
DANIEL RENDON	DIRECTOR	0.50	Director	$0	$0	$0
JASON RODRIQUEZ	DIRECTOR	0.50	Director	$0	$0	$0
BARRY WALTON	DIRECTOR	0.50	Director	$0	$0	$0
JOHNNY WIEDMANN	DIRECTOR	0.50	Director	$0	$0	$0
JIMMY LANE	PRESIDENT/CE	55.00	Officer	$178,223	$3,000	$181,223

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	$1,253,796	$1,085,237	$996,250	$168,559
2023	$863,788	$982,216	$669,378	$-118,428
2022	$670,124	$732,822	$792,615	$-62,698
2021	$628,156	$537,811	$854,227	$90,345
2020	$647,265	$552,953	$763,218	$94,312
2019	$769,297	$758,223	$619,365	$11,074
2018	$738,551	$758,616	$509,415	$-20,065

ACCELERATE BREVARD CHAMBER OF INNOVATION INC