SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION INC

EIN: 591094645

NORTH MIAMI, FL

Total Revenue
$2,229,084
Total Expenses
$2,322,499
Total Assets
$13,976,435
Net Assets
$13,721,609
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1933
Legal Domicile
FL
Principal Officer
DEBRA KOEBEL
Phone
3059475950
Tax Period
2024-06-01 to 2025-05-31

SOUTH FLORIDA AUTOMOBILE DEALERS ASSOCIATION INC, founded in 1933, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $13.7M represent 74 months of operating reserves.

Mission

THE SOUTH FLORIDA AUTO DEALERS ASSOCIATION, INC. IS AN ASSOCIATION OF AUTO DEALERS IN THE SOUTH FLORIDA AREA. THE PURPOSE OF THE ASSOCIATION IS TO ENCOURAGE AND PROMOTE TRADE AND COMMERCE IN THE AUTOMOBILE INDUSTRY BY PROVIDING ITS MEMBERS THE OPPORTUNITY TO EXCHANGE VIEWS.

Program Service Accomplishments

Program 1

THE SOUTH FLORIDA AUTO DEALERS ASSOCIATION (SFADA) ORGANIZES AND HOSTS THE MIAMI INTERNATIONAL AUTO SHOW WHICH IS HELD ANNUALLY. IT IS ONE OF THE LARGEST AUTO SHOWS IN FLORIDA AND SPOTLIGHTS MORE...

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THE SOUTH FLORIDA AUTO DEALERS ASSOCIATION (SFADA) ORGANIZES AND HOSTS THE MIAMI INTERNATIONAL AUTO SHOW WHICH IS HELD ANNUALLY. IT IS ONE OF THE LARGEST AUTO SHOWS IN FLORIDA AND SPOTLIGHTS MORE THAN 1,000 OF THE INDUSTRY'S LATEST VEHICLES FOR THE UPCOMING YEAR. POPULAR EXHIBITS INCLUDE AUTO SHOW MALL, MOTORCYCLE MALL, MEMORY LANE AND MILLION DOLLAR ALLEY FEATURING ASTON-MARTIN, BENTLEY, FERRARI, LAMBORGHINI, LOTUS, MASERATI AND ROLLS-ROYCE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,175,426
Investment Income $53,658
Other Revenue $0
TOTAL REVENUE $2,229,084

Expense Breakdown

Grants Paid $5,500
Salaries & Benefits $142,980
Fundraising Expenses $0
Other Expenses $2,174,019
TOTAL EXPENSES $2,322,499

Year-over-Year Comparison

2024 2023 Change
Revenue $2,229,084 $2,397,383 -0.1%
Expenses $2,322,499 $2,185,085 +0.1%
Net Income $-93,415 $212,298 -1.4%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
4
$455,932
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSH LEVY CHAIRMAN 1.00
Officer Director
$0 $0 $0
JONATHAN CHARIFF LEGISLATIVE CHAIRMAN 1.00
Officer Director
$0 $0 $0
ARI WILDSTEIN PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
FAISAL AHMED DIRECTOR 1.00
Director
$0 $0 $0
ERIK DAY DIRECTOR 1.00
Director
$0 $0 $0
JUSTIN DASH DIRECTOR 1.00
Director
$0 $0 $0
BRETT DAVID DIRECTOR 1.00
Director
$0 $0 $0
LUIS SOMOANO DIRECTOR 1.00
Director
$0 $0 $0
VICTOR BENITEZ DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SEIDLE DIRECTOR 1.00
Director
$0 $0 $0
DEBRA KOEBEL PRESIDENT 30.00
Officer
$88,998 $78,328 $455,932
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 $2,229,084 $2,322,499 $13,976,435 $-93,415
2024 $2,397,383 $2,185,085 $12,770,863 $212,298
2023 $2,825,275 $2,683,806 $11,430,189 $141,469
2022 $2,325,798 $2,883,251 $10,048,964 $-557,453
2021 $63,484 $691,221 $9,361,854 $-627,737
2020 $4,075,205 $4,306,874 $9,223,109 $-231,669
2019 $4,200,060 $4,230,590 $9,118,611 $-30,530
2018 $1,630,191 $2,520,863 $9,303,769 $-890,672
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