FLORIDA ASSOC OF POSTSECONDARY SCHOOLS & COLLEGES INC

EIN: 592444267

Tallahassee, FL

Total Revenue
$651,927
Total Expenses
$599,338
Total Assets
$498,859
Net Assets
$497,923
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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
1956
Legal Domicile
FL
Principal Officer
ALLEN MORTHAM
Phone
8505773139
Tax Period
2023-01-01 to 2023-12-31

FLORIDA ASSOC OF POSTSECONDARY SCHOOLS & COLLEGES INC, founded in 1956, is a small nonprofit that reported $652K in total revenue in fiscal year 2023. Expenses of $599K left a modest 8% surplus.

Mission

FLORIDA ASSOCIATION OF POSTSECONDARY SCHOOLS AND COLLEGES PROVIDES LEADERSHIP, SUPPORT, AND ADVOCACY FOR QUALITY CAREER EDUCATION

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $651,927
Investment Income $0
Other Revenue $0
TOTAL REVENUE $651,927

Expense Breakdown

Grants Paid $0
Salaries & Benefits $301,992
Fundraising Expenses $0
Other Expenses $297,346
TOTAL EXPENSES $599,338

Year-over-Year Comparison

2023 2022 Change
Revenue $651,927 $622,279 +0.0%
Expenses $599,338 $548,235 +0.1%
Net Income $52,589 $74,044 -0.3%
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

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Governance

Voting Members
23
Independent Members
23
Employees
3
Volunteers
23

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
6
$0
Total Directors
23
$0
Key Employees
2
$79,318
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sue Edwards President 3.00
Officer Director
$0 $0 $0
N/A President elect 1.50
Officer Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Secretary 1.50
Officer Director
$0 $0 $0
N/A Treasurer 1.50
Officer Director
$0 $0 $0
N/A Past President 1.50
Officer Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Director
$0 $0 $0
N/A Director 1.50
Officer Director
$0 $0 $0
N/A Executive Director 40.00
Highest
$162,973 $0 $162,973
N/A Director Assistant 40.00
Key Emp
$74,910 $0 $74,910
Amanda J Daly Assistant 40.00
Key Emp
$4,408 $0 $4,408
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 No data No data No data No data
2023 $651,927 $599,338 $498,859 $52,589
2022 $622,279 $548,235 $461,992 $74,044
2021 $542,942 $465,852 $373,323 $77,090
2020 $317,847 $303,245 $319,675 $14,602
2019 $532,753 $515,865 $305,545 $16,888
2018 $490,808 $543,504 $288,480 $-52,696
2017 $517,757 $533,181 $362,559 $-15,424
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