FLORIDA AIRPORT MANAGERS ASSOC (EIN 592464844) - 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

1971

Legal Domicile

Principal Officer

TIFFANY WILSON KING

Phone

8505593451

Tax Period

2024-01-01 to 2024-12-31

FLORIDA AIRPORT MANAGERS ASSOC, founded in 1971, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

THE ASSOCIATION PROVIDES A MEDIA FOR DISCUSSION FOR ITS MEMBERS, KEEPS THEM APPRISED OF CHANGES THAT MAY BE HAPPENING IN THE AVIATION INDUSTRY, FOSTERS PUBLIC RECOGNITION AND RESPECT OF THE AIRPORT INDUSTRY.

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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 $108,000

Program Service Revenue $1,227,854

Investment Income $40,223

Other Revenue $36,629

TOTAL REVENUE $1,412,706

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $251,711

Fundraising Expenses $0

Other Expenses $1,275,281

TOTAL EXPENSES $1,551,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,412,706	$1,334,156	+0.1%
Expenses	$1,551,992	$1,330,541	+0.2%
Net Income	$-139,286	$3,615	-39.5%

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

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

$119,322

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAD ROSENSTEIN	CHAIRMAN	2.00	Officer Director	$0	$0	$0
JAMES FURIOSI	VICE CHAIR	2.00	Officer Director	$0	$0	$0
MICHAEL NONNEMACHER	TREASURER	2.00	Officer Director	$0	$0	$0
SCOTT KOHUT	SECRETARY	2.00	Officer Director	$0	$0	$0
KAREN FEASTER	IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
RUFUS JAMES	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH-ANN JARRETTE	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE SPEAKE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER ROZANSKY	DIRECTOR	1.00	Director	$0	$0	$0
MARK STUCKEY	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY KING	EXECUTIVE DIRECTOR STARTING (8/1/24)	40.00	Officer	$88,333	$12,958	$101,291
LISA WALTERS	EXECUTIVE DIRECTOR THROUGH (2/9/24)	40.00	Officer	$13,870	$4,161	$18,031

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	$1,412,706	$1,551,992	$1,426,034	$-139,286
2023	$1,334,156	$1,330,541	$1,583,591	$3,615
2022	$1,166,630	$1,054,712	$1,455,670	$111,918
2021	$183,568	$199,595	$1,432,071	$-16,027
2021	$952,146	$891,761	$1,500,306	$60,385
2020	$520,152	$653,082	$1,431,412	$-132,930
2019	$1,117,604	$1,160,017	$1,520,768	$-42,413
2018	$1,219,296	$1,040,580	$1,563,453	$178,716

FLORIDA AIRPORT MANAGERS ASSOC