FLORIDA REGION SPORTS CAR CLUB OF AMERICA (EIN 591804450) - 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

1979

Legal Domicile

Principal Officer

HERBERT GOMEZ

Phone

3053366881

Tax Period

2023-01-01 to 2023-12-31

FLORIDA REGION SPORTS CAR CLUB OF AMERICA, founded in 1979, is a small nonprofit that reported $270K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $300K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO FUEL A SAFE, FUN AND EXCITING MOTORSPORTS EXPERIENCE FOR AUTO ENTHUSIASTS. OUR VISION IS TO BE THE PREFERRED MOTORSPORTS COMMUNITY IN THE U.S., BUILT ON FUN, SHARED PASSION AND ACCESS TO AN EXHILARATING MOTORSPORTS EXPERIENCE.

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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 $25,170

Program Service Revenue $244,596

Investment Income $6

Other Revenue $0

TOTAL REVENUE $269,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $280,264

Other Expenses $299,895

TOTAL EXPENSES $299,895

Year-over-Year Comparison

	2023	2022	Change
Revenue	$269,772	$323,102	-0.2%
Expenses	$299,895	$271,891	+0.1%
Net Income	$-30,123	$51,211	-1.6%

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

110

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB RICKER	REGIONAL EXECUTIVE	10.00	Officer Director	$0	$0	$0
STU COWITT	ASST REGIONAL EXECITIVE	10.00	Officer Director	$0	$0	$0
PAT RICKER	SECRETARY	10.00	Officer Director	$0	$0	$0
HERBERT GOMEZ	TREASURER	10.00	Officer Director	$0	$0	$0
MIKE FINN	RACE EXECUTIVE	10.00	Officer Director	$0	$0	$0
RENNIE BRYANT	DIRECTOR	5.00	Director	$0	$0	$0
MARK RUSSELL	DIRECTOR	5.00	Director	$0	$0	$0
JESSEN ST CLAIRE	DIRECTOR	5.00	Director	$0	$0	$0
TARIN FINN	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$269,772	$299,895	$181,454	$-30,123
2022	$323,102	$271,891	$204,403	$51,211
2021	$229,411	$327,218	$188,307	$-97,807
2019	$187,321	$363,049	$165,603	$-175,728
2018	$348,805	$325,117	$321,301	$23,688

FLORIDA REGION SPORTS CAR CLUB OF AMERICA