FLORIDA COASTAL SCHOOL OF LAW FOUNDATION INC (EIN 592331156) - 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

1975

Legal Domicile

Principal Officer

Megan Schade

Phone

9045168814

Tax Period

2020-01-01 to 2020-12-31

FLORIDA COASTAL SCHOOL OF LAW FOUNDATION INC, founded in 1975, is a micro nonprofit that reported $6K in total revenue in fiscal year 2020. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 72% operating deficit.

Mission

Dedicated to furthering the opportunities through scholarships for students of all backgrounds who seek a legal education at Florida Coastal School of Law.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,000

Program Service Revenue $0

Investment Income $2,340

Other Revenue $0

TOTAL REVENUE $6,340

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,500

Other Expenses $3,398

TOTAL EXPENSES $10,898

Year-over-Year Comparison

	2020	2019	Change
Revenue	$6,340	$26,309	-0.8%
Expenses	$10,898	$23,096	-0.5%
Net Income	$-4,558	$3,213	-2.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert F Spohrer	Director	2.00	Director	$0	$0	$0
James E Farrah	Director	2.00	Director	$0	$0	$0
London Kite	Director	2.00	Director	$0	$0	$0
Jake Schickel	Chair Treasurer	2.00	Officer	$0	$0	$0
Lee T Griffin	Director	2.00	Director	$0	$0	$0
Neda A Sharfi	Director	2.00	Director	$0	$0	$0
James R Holland II	Director	2.00	Director	$0	$0	$0
Stefano Portigllatti	Director	2.00	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
2020	$6,340	$10,898	$222,295	$-4,558

FLORIDA COASTAL SCHOOL OF LAW FOUNDATION INC