FLORIDA ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS INC (EIN 592986575) - 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

1986

Legal Domicile

Principal Officer

ROBERT SKROB

Phone

8502226000

Tax Period

2024-01-01 to 2024-12-31

FLORIDA ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS INC, founded in 1986, is a small nonprofit that reported $571K in total revenue in fiscal year 2024.

Mission

THE FLORIDA ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS IS COMPRISED OF ORGANIZATIONS WHICH PROVIDE INTEGRATED, COST EFFECTIVE SOLUTIONS FOR THE MANAGEMENT AND ADMINISTRATION OF HUMAN RESOURCES FOR ITS CLIENTS BY CONTRACTUALLY ASSUMING EMPLOYER RIGHTS, RESPONSIBILITIES, AND RISK, AND BY ESTABLISHING AND MAINTAINING AN EMPLOYER RELATIONSHIP WITH THE WORKERS ASSIGNED TO CLIENT COMPANIES

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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 $0

Program Service Revenue $563,850

Investment Income $7,407

Other Revenue $0

TOTAL REVENUE $571,257

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $564,031

TOTAL EXPENSES $564,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$571,257	$563,853	+0.0%
Expenses	$564,031	$548,099	+0.0%
Net Income	$7,226	$15,754	-0.5%

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

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
HALEY CRUM	PRESIDENT	1.00	Officer Director	$0	$0	$0
LANE FEEZOR	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAN JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
ALEX PISANI	SECRETARY	1.00	Officer Director	$0	$0	$0
KERIM FIDEL	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KELLY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KENNY	DIRECTOR	1.00	Director	$0	$0	$0
EDWINA R MAXWELL	DIRECTOR	1.00	Director	$0	$0	$0
TROY REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
TRICIA RUSSO	DIRECTOR	1.00	Director	$0	$0	$0
PHIL URSO	DIRECTOR	1.00	Director	$0	$0	$0
ED WHALLEY	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SKROB	EXECUTIVE DIRECTOR	1.00	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
2024	$571,257	$564,031	$645,101	$7,226
2023	$563,853	$548,099	$384,583	$15,754
2022	$555,579	$529,464	$393,199	$26,115
2021	$440,221	$478,101	$444,863	$-37,880
2020	$428,461	$459,026	$442,349	$-30,565
2019	$424,126	$488,953	$447,019	$-64,827
2018	$402,838	$389,127	$491,486	$13,711

FLORIDA ASSOCIATION OF PROFESSIONAL EMPLOYER ORGANIZATIONS INC