FLORIDA BANDMASTERS ASSOCIATION INC (EIN 592318742) - 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

1936

Legal Domicile

Principal Officer

NEIL E JENKINS

Phone

9544324111

Tax Period

2024-07-01 to 2025-06-30

FLORIDA BANDMASTERS ASSOCIATION INC, founded in 1936, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024.

Mission

THE FLORIDA BANDMASTERS ASSOCIATION IS CONCERNED WITH THE PROMOTION AND DEVELOPMENT OF BAND PROGRAMS IN THE STATE OF FLORIDA BY PROVIDING OPPORTUNITIES FOR IN-SERVICE GROWTH THROUGH CLINICS AND CONFERENCES, AND BY ACTING AS A RESOURCE FOR COLLEGE AND UNIVERSITY PRE-SERVICE TRAINING PROGRAMS THAT ENCOURAGE PROFESSIONAL DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $122,585

Program Service Revenue $1,868,886

Investment Income $7

Other Revenue $5,645

TOTAL REVENUE $1,997,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,670

Fundraising Expenses $0

Program Expenses $1,683,463

Other Expenses $1,869,701

TOTAL EXPENSES $1,954,371

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,997,123	$1,927,081	+0.0%
Expenses	$1,954,371	$1,828,095	+0.1%
Net Income	$42,752	$98,986	-0.6%

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

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

$78,803

Total Directors

$24,048

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF CAYER	PRESIDENT	3.00	Officer Director	$1,930	$0	$1,930
MICHAEL ANTMANN	PRESIDENT-ELECT	3.00	Officer Director	$3,818	$0	$3,818
BERNIE HENDRICKS	PAST PRESIDENT	3.00	Officer Director	$1,618	$0	$1,618
JO HAGAN	TREASURER/SECRETARY	3.00	Officer Director	$0	$0	$0
ASHLEY CROSBY	JH/MS REP	3.00	Officer Director	$690	$0	$690
SEAN DYKE	DISTRICT 1	3.00	Director	$0	$0	$0
JOHN HARCUS	DISTRICT 2	3.00	Director	$1,233	$0	$1,233
ERIN WHALLEY	DISTRICT 3	3.00	Director	$0	$0	$0
AMY BERES	DISTRICT 4	3.00	Director	$3,125	$0	$3,125
WILLIAM LUCKETT	DISTRICT 5	3.00	Director	$0	$0	$0
KERRY WALDO	DISTRICT 6	3.00	Director	$0	$0	$0
BRUCE HERRMANN	DISTRICT 7	3.00	Director	$0	$0	$0
MICHAEL CLEMENTE	DISTRICT 8	3.00	Director	$725	$0	$725
JOE SIPIORA	DISTRICT 9	3.00	Director	$0	$0	$0
ROBERT THOMAS	DISTRICT 9	3.00	Director	$0	$0	$0
JENNIFER ZAHN	DISTRICT 10	3.00	Director	$0	$0	$0
CHUCK EVANS	DISTRICT 11	3.00	Director	$1,438	$0	$1,438
MINDI MULLIGAN	DISTRICT 12	3.00	Director	$915	$0	$915
CLINT LAFLAM	DISTRICT 13	3.00	Director	$965	$0	$965
LAWRENCE SHANE	DISTRICT 14	3.00	Director	$1,710	$0	$1,710
CHARLES MOORER	DISTRICT 15	3.00	Director	$0	$0	$0
FRANCISCO WILLIAMS	DISTRICT 16	3.00	Director	$0	$0	$0
PAUL ARNOLD	DISTRICT 17	3.00	Director	$2,040	$0	$2,040
MARK DAHLBERG	DISTRICT 18	3.00	Director	$760	$0	$760
BRITTANY SCHOFIELD	DISTRICT 19	3.00	Director	$0	$0	$0
EDGAR RUBIO	DISTRICT 20	3.00	Director	$2,130	$0	$2,130
TINA LARSEN	DISTRICT 21	3.00	Director	$951	$0	$951
ANNABELLE ROBINSON	DISTRICT 22	3.00	Director	$0	$0	$0
SCOTT ABBOTT	DISTRICT 23	3.00	Director	$0	$0	$0
NEIL JENKINS	EXECUTIVE DIRECTOR	40.00	Officer	$60,250	$10,497	$70,747

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
2025	$1,997,123	$1,954,371	$490,704	$42,752
2024	$1,927,081	$1,828,095	$507,004	$98,986
2023	$1,805,345	$1,676,080	$408,018	$129,265
2022	$1,237,508	$1,396,734	$278,753	$-159,226
2021	$398,193	$441,871	$437,979	$-43,678
2020	$1,497,025	$1,470,366	$481,657	$26,659

FLORIDA BANDMASTERS ASSOCIATION INC