SUNCOAST FOUNDATION FOR HANDICAPPE… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

JACK COX

Phone

9414933600

Tax Period

2023-10-01 to 2024-09-30

SUNCOAST FOUNDATION FOR HANDICAPPED CHILDREN INC, founded in 1984, is a small nonprofit that reported $267K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $49K, a strong 18% operating margin.

Mission

TO FACILITATE THE CONSTRUCTION OR ACQUISITION OF FACILITIES AND/OR EQUIPMENT FOR HANDICAPPED CHILDREN AND YOUNG ADULTS WHICH WILL ASSIST THEM IN DEVELOPING THEIR CAPACITY FOR INDEPENDENCE FROM INSTITUTIONAL LIFESTYLES AND IN SO DOING TO ENHANCE THEIR ABILITY TO ENTER SOCIETY IN A MORE SELF- SUFFICIENT FASHION. FOUNDATION FACILITIES AND EQUIPMENT ARE INTENDED TO BE OPERATED BY PUBLIC OR PRIVATE NOT-FOR-PROFIT ORGANIZATIONS WHICH WOULD OTHERWISE BE UNABLE TO PROVIDE SUCH FACILITIES BUT WHICH HAVE THE RESOURCES AND EXPERTISE TO MANAGE THEM IN A RESPONSIBLE, BENEFICIAL AND FISCALLY PRUDENT FASHION.

Program Service Accomplishments

Program 1

Expenses: $204,093 Revenue: $6

PROVIDE ADMINISTRATIVE FACILITIES FOR FLORIDA CENTER FOR CHILD AND FAMILY DEVELOPMENT OF SARASOTA, INC. A 501(C)(3) ORGANIZATION LEASED FOR $1.00 PER YEAR

Program 2

PROVIDE SERVICE FACILITIES FOR SCHOOL AGE CHILD EVALUATION AND THERAPY FACILITY OPERATED BY THE SCHOOL BOARD OF SARASOTA COUNTY LEASED FOR $1.00 PER YEAR

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $236,820

Program Service Revenue $0

Investment Income $44,269

Other Revenue $-13,656

TOTAL REVENUE $267,433

Expense Breakdown

Grants Paid $148,160

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,093

Other Expenses $69,877

TOTAL EXPENSES $218,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$267,433	$283,291	-0.1%
Expenses	$218,037	$284,717	-0.2%
Net Income	$49,396	$-1,426	-35.6%

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

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 FLANDERS	PRESIDENT	5.00	Officer Director	$0	$0	$0
KELLY CALDWELL	DIRECTOR	0.50	Director	$0	$0	$0
JACK COX	VICE-PRESIDENT/TREASURER	5.00	Officer Director	$0	$0	$0
CHRISTINE ROBINSON	DIRECTOR	0.50	Director	$0	$0	$0
JEFF GATES	DIRECTOR	0.50	Director	$0	$0	$0
DONALD FISHER	DIRECTOR	0.50	Director	$0	$0	$0
KELLY OLIVER	DIRECTOR	0.50	Director	$0	$0	$0
DANIELLE TANAKA	DIRECTOR	0.50	Director	$0	$0	$0
GREG LINEHAN	DIRECTOR	0.50	Director	$0	$0	$0
ALAN ROSE	DIRECTOR	0.50	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
2024	$267,433	$218,037	$2,606,087	$49,396
2023	$283,291	$284,717	$2,368,675	$-1,426
2022	$334,960	$189,226	$2,280,701	$145,734
2021	$487,116	$209,360	$2,275,212	$277,756
2020	$251,466	$330,223	$2,061,772	$-78,757
2019	$172,244	$327,743	$2,138,089	$-155,499
2018	$133,993	$192,714	$2,283,260	$-58,721

SUNCOAST FOUNDATION FOR HANDICAPPED CHILDREN INC