INDEPENDENT ELECTRICAL CONTRACTORS ASSOC FLORIDA WEST COAST CHAPTER INC (EIN 591849807) - 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

1978

Legal Domicile

Principal Officer

CHARLES SPITZER

Phone

7274990727

Tax Period

2018-08-01 to 2019-07-31

INDEPENDENT ELECTRICAL CONTRACTORS ASSOC FLORIDA WEST COAST CHAPTER INC, founded in 1978, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Expenses of $1.0M left a modest 15% surplus.

Mission

IEC IS A UNION-FREE TRADE ASSOCIATION OF MEMBERS UNITED TO BETTER THE ELECTRICAL INDUSTRY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $223,376

Program Service Revenue $949,662

Investment Income $2,536

Other Revenue $40,463

TOTAL REVENUE $1,216,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $601,749

Fundraising Expenses $0

Other Expenses $436,015

TOTAL EXPENSES $1,037,764

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,216,037	$1,135,980	+0.1%
Expenses	$1,037,764	$928,029	+0.1%
Net Income	$178,273	$207,951	-0.1%

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

$75,384

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLIE SPITZER	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM WHITE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GREG WOOTEN	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
GREG BENNET	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL VANDERGRIFF	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
BRETT SANTARELLI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STRELSER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN BYRNE	DIRECTOR	1.00	Director	$0	$0	$0
JOSEF TYREE II	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT MROCKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
JERRY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
CECIL LEEDY	DIRECTOR	1.00	Director	$0	$0	$0
TROY PUELO	DIRECTOR	1.00	Director	$0	$0	$0
RICK RIEGER	EXECUTIVE DIRECTOR THRU 11/30/18	40.00	Officer	$65,692	$0	$65,692
ROBIN LESTER	EXECUTIVE DIRECTOR (STARTED 11/1/18)	40.00	Officer	$9,692	$0	$9,692

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
2019	$1,216,037	$1,037,764	$952,862	$178,273
2018	$1,135,980	$928,029	$633,503	$207,951

INDEPENDENT ELECTRICAL CONTRACTORS ASSOC FLORIDA WEST COAST CHAPTER INC