FLORIDA REDEVELOPMENT ASSOCIATION INC

EIN: 592088898

TALLAHASSEE, FL

Total Revenue
$582,440
Total Expenses
$566,305
Total Assets
$915,130
Net Assets
$590,864
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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
FL
Principal Officer
BRENDA THROWER FRA-RA
Phone
8502229684
Tax Period
2023-10-01 to 2024-09-30

FLORIDA REDEVELOPMENT ASSOCIATION INC, founded in 1974, is a small nonprofit that reported $582K in total revenue in fiscal year 2023.

Mission

COMMUNITY REVITALIZATION. CLEARINGHOUSE FOR REDEVELOPMENT INFORMATION.

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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 $157,950
Program Service Revenue $405,958
Investment Income $18,532
Other Revenue $0
TOTAL REVENUE $582,440

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $566,305
TOTAL EXPENSES $566,305

Year-over-Year Comparison

2023 2022 Change
Revenue $582,440 $567,362 +0.0%
Expenses $566,305 $431,464 +0.3%
Net Income $16,135 $135,898 -0.9%
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

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Governance

Voting Members
20
Independent Members
20
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
$6,000
Total Directors
16
$2,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILES BALLOGG DIRECTOR 1.50
Director
$0 $0 $0
MARK BENNETT DIRECTOR 1.50
Director
$0 $0 $0
SHERRI CURTIS DIRECTOR 1.50
Director
$0 $0 $0
CORION DELAINE DIRECTOR 1.50
Director
$0 $0 $0
DEENA DRUMGO DIRECTOR 1.50
Director
$0 $0 $0
JONATHAN GRIFFITH DIRECTOR 1.50
Director
$0 $0 $0
MARC KLEISLEY DIRECTOR 1.50
Director
$0 $0 $0
JESSICA NEWMAN DIRECTOR 1.50
Director
$0 $0 $0
CHARLES RUDD DIRECTOR 1.50
Director
$0 $0 $0
LAURA SMITH DIRECTOR 1.50
Director
$2,000 $0 $2,000
BENESHEA FRAZIER DIRECTOR 1.50
Director
$0 $0 $0
ALISA BURLESON DIRECTOR 1.50
Director
$0 $0 $0
JESUS NINO DIRECTOR 1.50
Director
$0 $0 $0
DANIEL HENKEL ELECTED OFFICIAL 1.50
Director
$0 $0 $0
MARY ESTIME-IRVIN ELECTED OFFICIAL 1.50
Director
$0 $0 $0
VERONICA EDWARDS PHILLIPS ELECTED OFFICIAL 1.50
Director
$0 $0 $0
KEN THOMAS PAST PRESIDENT 1.50
Officer
$4,000 $0 $4,000
BRENDA THROWER PRESIDENT 1.50
Officer
$2,000 $0 $2,000
RENEE JADUSINGH PRESIDENT ELECT 1.50
Officer
$0 $0 $0
MICHELE HYLTON-TERRY TREASURER 1.50
Officer
$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 $582,440 $566,305 $915,130 $16,135
2023 $567,362 $431,464 $892,534 $135,898
2022 $535,356 $425,974 $711,324 $109,382
2021 $290,293 $316,269 $565,411 $-25,976
2020 $480,577 $463,311 $447,946 $17,266
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