SEMINOLE EDUCATION ASSOCIATION INC

EIN: 591572577

ALTAMONTE SPRINGS, FL

Total Revenue
$1,001,575
Total Expenses
$1,048,000
Total Assets
$816,749
Net Assets
$794,953
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
FL
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.

Program Service Accomplishments

Program 1
Expenses: $1,038,419

SEMINOLE EDUCATION ASSOCIATION, INC. IS THE CERTIFIED BARGAINING AGENT WHICH REPRESENTS ALL TEACHER BASED EMPLOYEES IN SEMINOLE COUNTY, FLORIDA.

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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 (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 Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
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
4
$119,901
Total Directors
13
$119,901
Key Employees
0
$0
Highest Compensated
0
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
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