SEMINOLE EDUCATION ASSOCIATION INC (EIN 591572577) - 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

1977

Legal Domicile

Principal Officer

THOMAS BUGOS

Phone

4073881131

Tax Period

2023-09-01 to 2024-08-31

SEMINOLE EDUCATION ASSOCIATION INC, founded in 1977, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring.

Mission

SEA, INC. IS A PROFESSIONAL ORGANIZATION COMMITTED TO ACTIVELY AND COLLABORATIVELY ADVANCING PUBLIC EDUCATION BY EMPOWERING, SUPPORTING, AND ADVOCATING FOR THE EDUCATORS WE REPRESENT AND THE STUDENTS WE SERVE.

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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 $968,453

Program Service Revenue $0

Investment Income $18

Other Revenue $33,104

TOTAL REVENUE $1,001,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,038,419

Other Expenses $1,048,000

TOTAL EXPENSES $1,048,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,001,575	$1,523,430	-0.3%
Expenses	$1,048,000	$1,563,203	-0.3%
Net Income	$-46,425	$-39,773	+0.2%

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

N/A

Volunteers

N/A

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

$119,901

Total Directors

$119,901

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS BUGOS	PRESIDENT	45.00	Officer Director	$114,901	$0	$114,901
WILLIAM DISHMAN	VICE PRESIDENT	2.00	Officer Director	$2,000	$0	$2,000
MELINDA WIMBISH	TREASURER	2.00	Officer Director	$1,500	$0	$1,500
JOSEPH DALESANDRO	SECRETARY	2.00	Officer Director	$1,500	$0	$1,500
MEGAN BETCHE	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BOWERSOX	DIRECTOR	1.00	Director	$0	$0	$0
STACY YANKELEVITZ	DIRECTOR	1.00	Director	$0	$0	$0
PRISCILLA DE ARMAS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN RIEGELMAYER	DIRECTOR	1.00	Director	$0	$0	$0
MATT TOMASZEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
SASHA RUIZ	DIRECTOR	1.00	Director	$0	$0	$0
TRENT BRACE	DIRECTOR	1.00	Director	$0	$0	$0
DR WILFREDO NIEVES	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$1,001,575	$1,048,000	$816,749	$-46,425
2023	$1,523,430	$1,563,203	$899,935	$-39,773
2022	$1,563,110	$1,580,942	$968,269	$-17,832
2021	$1,679,504	$1,563,402	$964,065	$116,102
2020	$1,661,552	$1,603,496	$786,294	$58,056
2019	$1,708,435	$1,687,664	$724,640	$20,771
2018	$1,596,492	$1,621,900	$852,041	$-25,408

SEMINOLE EDUCATION ASSOCIATION INC