FLORIDA ODYSSEY OF THE MIND ASSOCIATION INC (EIN 592919995) - 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

1996

Legal Domicile

Principal Officer

ANNA LONG

Phone

2163906330

Tax Period

2024-07-01 to 2025-06-30

FLORIDA ODYSSEY OF THE MIND ASSOCIATION INC, founded in 1996, is a small nonprofit in the Education sector that reported $423K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $371K left a modest 12% surplus.

Mission

FLOMA'S PURPOSE IS TO FOSTER CREATIVE PROBLEM SOLVING SKILLS. THE ORGANIZATION SPONSORS TEN REGIONAL COMPETITIONS FOR OVER 400 FLORIDA SCHOOLS IMPACTING OVER 6,000 STUDENTS

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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 $367,877

Program Service Revenue $0

Investment Income $931

Other Revenue $53,881

TOTAL REVENUE $422,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $359,980

Other Expenses $370,779

TOTAL EXPENSES $370,779

Year-over-Year Comparison

	2024	2023	Change
Revenue	$422,689	$285,970	+0.5%
Expenses	$370,779	$211,587	+0.8%
Net Income	$51,910	$74,383	-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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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
ANNA LONG	ASSOCIATION DIRECTOR	20.00	Officer Director	$0	$0	$0
TAYLOR GARRETT	FORMER TREASURER	5.00	Officer Director	$0	$0	$0
JULIE WARD	SECRETARY	2.00	Officer Director	$0	$0	$0
LAURIE FILARDO	TREASURER INCOMING	10.00	Officer Director	$0	$0	$0
DOUG SMITH	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
AMANDA SMITH	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
AMANDA POPE	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
FREDA ABERCROMBIE	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
CHARLENE NORATO	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
MELINDA GERDING	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
MARLANA RODRIGUEZ	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
JUDI ACKERMAN	REGIONAL DIRECTOR	3.00	Director	$0	$0	$0
DAWN PHARR	REGIONAL DIRECTOR	3.00	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	$422,689	$370,779	$272,451	$51,910
2024	$285,970	$211,587	$220,541	$74,383
2023	$256,497	$221,380	$146,158	$35,117
2022	$147,877	$187,209	$111,041	$-39,332
2020	$141,040	$157,757	$147,451	$-16,717
2019	$231,439	$172,067	$164,168	$59,372
2018	$219,362	$213,513	$104,796	$5,849

FLORIDA ODYSSEY OF THE MIND ASSOCIATION INC