FLORIDA LIBRARY ASSOCIATION INC (EIN 591159907) - 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

1966

Legal Domicile

Principal Officer

JORGE PEREZ

Phone

8502709205

Tax Period

2024-01-01 to 2024-12-31

FLORIDA LIBRARY ASSOCIATION INC, founded in 1966, is a small nonprofit in the Education sector that reported $355K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $445K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE FLORIDA LIBRARY ASSOCIATION DEVELOPS PROGRAMS AND UNDERTAKES ACTIVITIES TO SERVE ITS MEMBERSHIP AND PROVIDE A RESOURCE FOR LIBRARIES THROUGHOUT THE STATE OF FLORIDA.

🔒

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 $172,652

Program Service Revenue $175,942

Investment Income $3,669

Other Revenue $2,294

TOTAL REVENUE $354,557

Expense Breakdown

Grants Paid $8,807

Salaries & Benefits $115,238

Fundraising Expenses $0

Program Expenses $399,509

Other Expenses $320,499

TOTAL EXPENSES $444,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$354,557	$386,952	-0.1%
Expenses	$444,544	$437,776	+0.0%
Net Income	$-89,987	$-50,824	+0.8%

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

$84,570

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER ABDELNOUR	EXECUTIVE DI	40.00	Officer	$72,800	$11,770	$84,570
HASINA AKHTER	REGION 4 DIR	1.00	Director	$0	$0	$0
HOLLY ALBANESE	REGION 5 DIR	1.00	Director	$0	$0	$0
KELLY BOHANNAN-CAUDEL	SECRETARY	2.00	Officer Director	$0	$0	$0
SHELDON BURKE	REGION 1 DIR	1.00	Director	$0	$0	$0
CAITIE CERISE	REGION 6 DIR	1.00	Director	$0	$0	$0
SONYA CHAPA	REGION 2 DIR	1.00	Director	$0	$0	$0
DOUGLAS CRANE	PRES/IMMED P	5.00	Officer Director	$0	$0	$0
NANCY FREDERICKS	TREASURER	5.00	Officer Director	$0	$0	$0
ALLISON GRUBBS	VP, PRES-ELE	5.00	Officer Director	$0	$0	$0
EDENIA HERNANDEZ	ALA COUNCILO	1.00	Director	$0	$0	$0
STACIE LARSON	REGION 3 DIR	1.00	Director	$0	$0	$0
PAMELA MONROE	REGION 6 DIR	1.00	Director	$0	$0	$0
JORGE PEREZ	VP, PRES-ELE	5.00	Officer Director	$0	$0	$0
SHANE ROOPNARINE	IMMED PAST P	2.00	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
2024	$354,557	$444,544	$144,767	$-89,987
2023	$386,952	$437,776	$227,948	$-50,824
2022	$362,400	$444,352	$290,386	$-81,952
2021	$297,044	$350,702	$371,582	$-53,658
2020	$293,776	$345,254	$441,538	$-51,478
2019	$379,843	$406,375	$509,468	$-26,532
2018	$351,737	$337,999	$516,248	$13,738

FLORIDA LIBRARY ASSOCIATION INC