MIAMI, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIRST SERVE MIAMI INC, founded in 1974, is a small nonprofit that reported $409K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $507K exceeded revenue, resulting in a 24% operating deficit.
THE ORGANIZATIONS PURPOSE IS TO SERVE INDIVIDUALS WHO EXPRESS AN INTEREST IN LEARNING TENNIS THROUGH A VARIETY OF DEVELOPMENT PROGRAMS INCLUDING AFTER SCHOOL TENNIS PROGRAMS, INSTRUCTIONAL PROGRAMS AND EXCELLENCE DEVELOPMENT PROGRAMS.A VARIETY OF DEVELOPMENT PROGRAMS INCLUDING AFTER SCHOOL TENNIS PROGRAMS, INSTRUCTIONAL PROGRAMS AND EXCELLENCE DEVELOPMENT PROGRAMS.
DURING THE 2024-2025 OPERATING AND PROGRAM YEAR, WE EFFECTIVELY AND SUCCESSFULLY ENGAGED AND SERVED OVER 1,000 YOUTH PARTICIPANTS, AGES 5 TO 17, AND: PROVIDED TENNIS, ACADEMIC, AND LIFE ENRICHMENT...
DURING THE 2024-2025 OPERATING AND PROGRAM YEAR, WE EFFECTIVELY AND SUCCESSFULLY ENGAGED AND SERVED OVER 1,000 YOUTH PARTICIPANTS, AGES 5 TO 17, AND: PROVIDED TENNIS, ACADEMIC, AND LIFE ENRICHMENT PROGRAMS DELIVERED TENNIS INSTRUCTION, LIFE SKILLS TRAINING, ACADEMIC SUPPORT, AND OTHER ENRICHMENT OPPORTUNITIES TO YOUTH ACROSS 20+ UNDERSERVED COMMUNITY PARKS THROUGHOUT MIAMI-DADE AND BROWARD COUNTIES. OPERATED OUR ADOPT-A-PLAYER PROGRAM SUPPORTED YOUNG ATHLETES FROM ELEMENTARY THROUGH HIGH SCHOOL WITH THE GOAL OF SECURING FULL OR PARTIAL COLLEGE SCHOLARSHIPS THROUGH TENNIS AND ACADEMIC ACHIEVEMENT. EXPANDED FREE SKILLS DEVELOPMENT PROGRAMS CONTINUED TO GROW OUR PORTFOLIO OF FREE SKILL-BUILDING INITIATIVES, INCLUDING ONE-ON-ONE MENTORING, TO MEET THE EVOLVING NEEDS OF YOUTH IN SOUTH FLORIDA. MAINTAINED EFFICIENT FINANCIAL MANAGEMENT OPERATED WITH ADMINISTRATIVE EXPENSES BELOW 10% THROUGH CAREFUL FINANCIAL PLANNING AND OPERATIONAL EFFICIENCY. MAINTAINED A STRONG BOARD OF DIRECTORS BENEFITED FROM A DEDICATED AND COMMITTED BOARD OF DIRECTORS WHO GENEROUSLY GAVE THEIR TIME TO SUPPORT OUR MISSION. CULTIVATED STRATEGIC PARTNERSHIPS AND COMMUNITY ENGAGEMENT DEVELOPED AND SUSTAINED STRONG COLLABORATIONS WITH KEY PARTNERS, INCLUDING MIAMI-DADE COUNTY PUBLIC SCHOOLS, ATP AND WTA PROFESSIONAL TENNIS PLAYERS, LOCAL MUNICIPALITIES, AND THE MIAMI OPEN. WERE RECOGNIZED AND SUPPORTED BY KEY FUNDERS GRATEFULLY RECEIVED FINANCIAL AND TECHNICAL SUPPORT FROM A BROAD RANGE OF RESPECTED ORGANIZATIONS AND INDIVIDUALS, INCLUDING: UNITED STATES TENNIS ASSOCIATION (USTA), USTA FOUNDATION, THE CHILDREN'S TRUST, INTERNATIONAL TENNIS HALL OF FAME, THE GARNER FOUNDATION, MR. JEFFREY BINDER, THE MEDINA FAMILY FOUNDATION, LARRY SMITH CHARITABLE TRUST, THE MIAMI OPEN, WILLIAMS ISLAND ASSOCIATION (FORMERLY FRED STOLLE CUP), HERMAN ABBOTT FAMILY FOUNDATION, NEWSLINK OF MIAMI, LLC, THE MARINER FOUNDATION, ANTHONY R. ABRAHAM FOUNDATION, SYNOVUS BANK, LEYLAH FERNANDEZ FAMILY FOUNDATION, MIAMI HEAT, AND THE JOSEPH & SHERRIE GARFIELD CHARITABLE FOUNDATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $409,165 | $780,372 | -0.5% |
| Expenses | $507,220 | $481,616 | +0.1% |
| Net Income | $-98,055 | $298,756 | -1.3% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANJENETTE L RIVERA | EXECUTIVE DI | 35.00 |
Officer
|
$36,000 | $0 | $36,000 |
| JAMES CHAMPION | CHAIRMAN | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY BASHEIN | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| DR ALICIA CARTER | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| TRACY COLDEN | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| LARRY COLE | SECRETARY | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC HECHTMAN | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| CORINNE KAYAL | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| BRUCE KONIVER | VICE CHAIR | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| EDWARD G RUBINOFF | PRESIDENT EM | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT RUBIN | VICE CHAIR | 45.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICKY WARMAN | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| JOHN W URIBE MD | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| JC CAMPUZANO | MEMBER | 20.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $409,165 | $507,220 | $325,112 | $-98,055 |
| 2024 | $762,178 | $481,616 | $395,129 | $280,562 |
| 2023 | $329,354 | $423,845 | $112,892 | $-94,491 |
| 2022 | $458,012 | $357,016 | $193,526 | $100,996 |
| 2021 | $251,127 | $288,834 | $94,884 | $-37,707 |
| 2020 | $308,865 | $243,463 | $102,042 | $65,402 |
| 2019 | $320,175 | $320,444 | $32,778 | $-269 |
| 2017 | $214,770 | $198,998 | $31,277 | $15,772 |
Compare FIRST SERVE MIAMI INC with other nonprofits in Florida and across the country.