FLORIDA CHIROPRACTIC 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

1965

Legal Domicile

Principal Officer

ARACELLY MARTINEZ

Phone

3058337255

Tax Period

2023-01-01 to 2023-12-31

FLORIDA CHIROPRACTIC SOCIETY INC, founded in 1965, is a small nonprofit that reported $373K in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE FLORIDA CHIROPRACTIC SOCIETY IS TO BRING QUALITY CHIROPRACTIC CONTINUED EDUCATION TO LICENSED CHIROPRACTORS AS WELL AS STUDENTS THROUGHOUT THE STATE OF FLORIDA. TO REPRESENT THE CHIROPRACTIC PROFESSION AT THE STATE LEVEL.

Program Service Accomplishments

Program 1

Expenses: $377,809 Revenue: $348,099

THE FLORIDA CHIROPRACTIC SOCIETY SERVED ABOUT 1,000 MEMBERS THROUGHOUT THE STATE OF FLORIDA IN 2023. WE CONTINUE TO OFFER HIGH QUALITY EDUCATIONAL SEMINARS ONLINE, IN PERSON AND SYNCHORNOUS. WE ARE VERY ACTIVE WITH OUR COMMUNITY BRINGING EDUCATION AND LAW RELATED CHANGES AFFECTING OUR PROFESSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $348,099

Investment Income $24,924

Other Revenue $0

TOTAL REVENUE $373,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,342

Fundraising Expenses $0

Program Expenses $377,809

Other Expenses $290,969

TOTAL EXPENSES $385,311

Year-over-Year Comparison

	2023	2022	Change
Revenue	$373,023	$391,252	0.0%
Expenses	$385,311	$463,241	-0.2%
Net Income	$-12,288	$-71,989	-0.8%

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

$87,631

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARACELLY MARTINEZ	EXECUTIVE DI	40.00	Officer	$87,631	$0	$87,631
JENNY CACERES	SECRETARY	N/A	Director	$0	$0	$0
THOMAS D'AMICO	DIRECTOR	N/A	Officer Director	$0	$0	$0
BRIDGET FARRAR	DIRECTOR	N/A	Director	$0	$0	$0
JOSH FREEMYER	VICE-PRESIDE	N/A	Director	$0	$0	$0
THERESA HARTLEY	DIRECTOR	N/A	Director	$0	$0	$0
ALEX LOPATNYUK	DIRECTOR	N/A	Director	$0	$0	$0
EDUARDO MARTINEZ	DIRECTOR	N/A	Officer Director	$0	$0	$0
SAL MARTINGANO	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN MORIARTY	PRESIDENT	N/A	Director	$0	$0	$0
LEWIS SINGER	TREASURER	N/A	Director	$0	$0	$0
PAUL SORCHY	PAC CHAIRMAN	N/A	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	No data	No data	No data	No data
2023	$373,023	$385,311	$555,107	$-12,288
2022	$391,252	$463,241	$563,812	$-71,989
2021	$357,436	$320,812	$592,665	$36,624
2020	$391,960	$348,888	$565,239	$43,072
2019	$396,834	$337,696	$545,547	$59,138
2018	$344,102	$368,112	$486,345	$-24,010