FLORIDA HOSPITAL WATERMAN FOUNDATION INC

EIN: 592330166 501(c)(3) Health Care

TAVARES, FL

Total Revenue
$7,995,496
Total Expenses
$6,621,350
Total Assets
$40,919,191
Net Assets
$40,749,535
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
FL
Principal Officer
TODD MAZENKO
Phone
3522533270
Tax Period
2024-01-01 to 2024-12-31

FLORIDA HOSPITAL WATERMAN FOUNDATION INC, founded in 1983, is a community nonprofit in the Health Care sector that reported $8.0M in total revenue in fiscal year 2024. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 17% operating margin.

Mission

TO SUPPORT FLORIDA HOSPITAL WATERMAN IN HEALTHCARE EXCELLENCE THROUGH CHARITABLE GIVING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,363,898
Program Service Revenue $0
Investment Income $3,359,412
Other Revenue $272,186
TOTAL REVENUE $7,995,496

Expense Breakdown

Grants Paid $5,340,182
Salaries & Benefits $692,716
Fundraising Expenses $444,644
Program Expenses $5,500,319
Other Expenses $588,452
TOTAL EXPENSES $6,621,350

Year-over-Year Comparison

2024 2023 Change
Revenue $7,995,496 $4,277,451 +0.9%
Expenses $6,621,350 $3,112,539 +1.1%
Net Income $1,374,146 $1,164,912 +0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
165

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
3
$0
Total Directors
16
$0
Key Employees
1
$245,498
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TODD MAZENKO CHAIR 1.00
Officer Director
$0 $0 $0
MATT HACKLER VICE CHAIR & TREASURER 1.00
Officer Director
$0 $0 $0
PAT LANNON SECRETARY 1.00
Officer Director
$0 $0 $0
SINE WALLACE TRUSTEE 1.00
Director
$0 $0 $0
MIKE WELTER TRUSTEE 1.00
Director
$0 $0 $0
DEAN SIMMONS TRUSTEE 1.00
Director
$0 $0 $0
ROBERT WHITE TRUSTEE 1.00
Director
$0 $0 $0
PETER MARZEK TRUSTEE 1.00
Director
$0 $0 $0
ABEL BIRI TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL FOUNTAIN TRUSTEE 1.00
Director
$0 $0 $0
SUSAN CADDELL TRUSTEE 1.00
Director
$0 $0 $0
F DALTON YANCEY III TRUSTEE 1.00
Director
$0 $0 $0
KEIRE RICE HOSLEY TRUSTEE 1.00
Director
$0 $0 $0
MONICA MCDONALD TRUSTEE 1.00
Director
$0 $0 $0
ROBERT ADRID TRUSTEE 1.00
Director
$0 $0 $0
SONJA SANDERS TRUSTEE 1.00
Director
$0 $0 $0
MABEL VALDIVIA DIAZ EXECUTIVE DIRECTOR 40.00
Key Emp
$0 $0 $245,498
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 $7,995,496 $6,621,350 $40,919,191 $1,374,146
2023 $4,277,451 $3,112,539 $37,683,489 $1,164,912
2022 $3,485,575 $2,221,448 $33,305,639 $1,264,127
2021 $6,104,397 $3,880,583 $37,346,676 $2,223,814
2020 $4,534,611 $2,953,383 $33,057,718 $1,581,228
2019 $6,702,802 $7,215,751 $29,876,074 $-512,949
2018 $6,627,511 $4,490,230 $26,717,829 $2,137,281
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FLORIDA HOSPITAL WATERMAN FOUNDATION INC with other nonprofits in Florida and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.