THE SUMMIT OF CENTRAL FLORIDA INC (EIN 591923715) - 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

1974

Legal Domicile

Principal Officer

BRENDA VAN DER LIKE

Tax Period

2023-01-01 to 2023-12-31

THE SUMMIT OF CENTRAL FLORIDA INC, founded in 1974, is a micro nonprofit in the Health Care sector that reported $48K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $55K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE SUMMIT OF CENTRAL FLORIDA DBA WELLSPRINGS OF FLORIDAS MISSION IS TO FACILITATE THE AVAILABILITY OF CHRISTIAN SCIENCE NURSING IN SUPPORT OF CHRISTIAN SCIENCE HEALING FOR EVERYONE IN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $20,758

Program Service Revenue $0

Investment Income $27,367

Other Revenue $0

TOTAL REVENUE $48,125

Expense Breakdown

Grants Paid $8,430

Salaries & Benefits $0

Fundraising Expenses $572

Program Expenses $46,641

Other Expenses $46,718

TOTAL EXPENSES $55,148

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,125	$44,048	+0.1%
Expenses	$55,148	$74,737	-0.3%
Net Income	$-7,023	$-30,689	-0.8%

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

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
JANICE BLAIKIE	DIRECTOR	0.23	Director	$0	$0	$0
ROBERT VAN DER LIKE	SECRETARY	1.13	Officer Director	$0	$0	$0
DAVID WATSON	TREASURER	0.42	Officer Director	$0	$0	$0
BRENDA VAN DER LIKE	PRESIDENT	0.37	Officer 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	$48,125	$55,148	$700,274	$-7,023
2022	$44,048	$74,737	$676,955	$-30,689
2021	$163,260	$49,626	$817,419	$113,634
2020	$26,979	$98,391	$715,608	$-71,412
2019	$26,154	$89,913	$755,776	$-63,759
2018	$120,921	$54,097	$690,978	$66,824

THE SUMMIT OF CENTRAL FLORIDA INC