Florida Natural Gas Association Inc (EIN 592354981) - 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

1961

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Florida Natural Gas Association Inc, founded in 1961, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

Promote common business interests. Planning, promotion and education regarding use of natural gas.

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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 $783,204

Program Service Revenue $354,615

Investment Income $13,476

Other Revenue $0

TOTAL REVENUE $1,151,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,190,944

TOTAL EXPENSES $1,190,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,151,295	$1,005,097	+0.1%
Expenses	$1,190,944	$1,293,848	-0.1%
Net Income	$-39,649	$-288,751	-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

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
Gordon King	Director	1.00	Director	$0	$0	$0
Chris Turner	Immediate Past Pres Director	1.00	Officer Director	$0	$0	$0
Stephen Mayfield	President Director	3.00	Officer Director	$0	$0	$0
Kandi Floyd	Director	1.00	Director	$0	$0	$0
Clifton Addison	Director	1.00	Director	$0	$0	$0
Miguel Bustos	Director	1.00	Director	$0	$0	$0
Mike Cassel	Director	1.00	Director	$0	$0	$0
James C Dowden Jr	Director	1.00	Director	$0	$0	$0
Cameron Menzie	Director	1.00	Director	$0	$0	$0
Kofi Woodley	Director	1.00	Director	$0	$0	$0
Andy Shoaf	Director	1.00	Director	$0	$0	$0
Dale Calhoun	Executive Director	15.00	Director	$0	$0	$0
Darryl Singleton	Director	1.00	Director	$0	$0	$0
Tim OConnor	First VP Director	1.00	Officer Director	$0	$0	$0
Mike Sasser	Director	1.00	Director	$0	$0	$0
Brian Langille	Second VP Director	3.00	Officer Director	$0	$0	$0
Steve Baltzley	Director	1.00	Director	$0	$0	$0
Jason Bennett	Director	1.00	Director	$0	$0	$0
Ray Crooks	Director	1.00	Director	$0	$0	$0
Brett Dennis	Director	1.00	Director	$0	$0	$0
Danielle Mulligan	Secretary Director	1.00	Officer Director	$0	$0	$0
Lars Sullivan	Director	1.00	Director	$0	$0	$0
Jim Schauer	Director	1.00	Director	$0	$0	$0
Tom Geoffroy	Treasurer	3.00	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	$1,151,295	$1,190,944	$385,186	$-39,649
2023	$1,005,097	$1,293,848	$382,544	$-288,751
2022	$891,490	$953,821	$673,992	$-62,331
2021	$676,208	$746,039	$747,424	$-69,831
2020	$645,803	$746,427	$856,348	$-100,624

Florida Natural Gas Association Inc