FLORIDA RETIRED EDUCATORS FOUNDATION (EIN 592439336) - Form 990 Financial Analysis & Trantor Score

🔒

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

KARLA BROGDON

Phone

7275776400

Tax Period

2024-07-01 to 2025-06-30

FLORIDA RETIRED EDUCATORS FOUNDATION, founded in 1984, is a small nonprofit in the Education sector that reported $146K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 62% operating margin.

Mission

THE FOUNDATION WAS FORMED TO PROVIDE SCHOLARSHIPS FOR ASPIRING TEACHERS AND TO OFFER MODEST SHORT-TERM ASSISTANCE TO RETIRED EDUCATORS IN CRISIS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $5,220

Program Service Revenue $0

Investment Income $125,811

Other Revenue $14,478

TOTAL REVENUE $145,509

Expense Breakdown

Grants Paid $24,037

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,037

Other Expenses $31,338

TOTAL EXPENSES $55,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,509	$103,201	+0.4%
Expenses	$55,375	$47,561	+0.2%
Net Income	$90,134	$55,640	+0.6%

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

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
KARLA BROGDON	CHAIRMAN	2.00	Officer Director	$0	$0	$0
GAYLE HODGES	TREASURER	3.00	Officer Director	$0	$0	$0
DEBRA DYKES- KORNHAUS	SECRETARY	1.00	Officer Director	$0	$0	$0
HARRY WILLAMS	CO-CHAIR	1.00	Officer 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
2025	$145,509	$55,375	$1,703,222	$90,134
2024	$103,201	$47,561	$1,536,946	$55,640
2023	$112,600	$66,528	$1,406,235	$46,072
2022	$142,607	$68,398	$1,360,286	$74,209
2021	$140,352	$62,094	$1,484,345	$78,258
2020	$93,549	$67,799	$1,196,398	$25,750
2019	$118,898	$68,138	$1,229,074	$50,760
2018	$109,176	$76,693	$1,185,177	$32,483

FLORIDA RETIRED EDUCATORS FOUNDATION