FLORIDA ASSOCIATION OF PUBLIC PROC… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

MARK SHUMAN

Phone

7722261575

Tax Period

2023-07-01 to 2024-06-30

FLORIDA ASSOCIATION OF PUBLIC PROCUREMENT OFFICIALS INC, founded in 1985, is a small nonprofit that reported $484K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $457K left a modest 6% surplus.

Mission

TO FOSTER AND PROMOTE ADVANCEMENT IN THE PUBLIC PURCHASING PROFESSION THROUGH EDUCATION, STUDY, DISCUSSION AND NETWORKING.

Program Service Accomplishments

Program 1

Expenses: $300,613 Revenue: $174,523

THE ORGANIZATION SERVES OVER 1,000 PUBLIC PURCHASING OFFICERS AND PUBLISHES A BI-MONTHLY NEWSLETTER PROVIDED TO ALL MEMBERS. UNDER THE ORGANIZATION'S STRATEGIC PLAN, CONTINUED SUPPORT AND ENHANCEMENT TO MEMBER EDUCATION AND PROFESSIONALISM WILL LEAD TO ADVANCEMENTS IN THE GOVERNMENTAL PROCUREMENT PROFESSION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $174,523

Program Service Revenue $308,308

Investment Income $191

Other Revenue $628

TOTAL REVENUE $483,650

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $300,613

Other Expenses $456,617

TOTAL EXPENSES $456,617

Year-over-Year Comparison

	2023	2022	Change
Revenue	$483,650	$419,337	+0.2%
Expenses	$456,617	$402,178	+0.1%
Net Income	$27,033	$17,159	+0.6%

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

N/A

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
CRAIG ROWLEY	Executive Dir.	10.00	Director	$0	$0	$0
JENNIFER HYDE	Treasurer	10.00	Officer	$0	$0	$0
TAMMY WINTON-SPEARMAN	Vice President	10.00	Officer	$0	$0	$0
DENISE FINN	President	10.00	Officer	$0	$0	$0
WANDA ROOP	Secretary	10.00	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
2025	No data	No data	No data	No data
2024	$483,650	$456,617	$351,960	$27,033
2023	$419,337	$402,178	$326,022	$17,159
2022	$350,940	$320,434	$391,520	$30,506
2021	$79,128	$98,343	$277,358	$-19,215
2020	$98,140	$240,887	$284,224	$-142,747
2019	$234,650	$280,152	$426,646	$-45,502

FLORIDA ASSOCIATION OF PUBLIC PROCUREMENT OFFICIALS INC