FLORIDA MUNICIPAL NATURAL GAS ASSO… - 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

1990

Legal Domicile

Principal Officer

Darry Singleton

Phone

4076145778

Tax Period

2023-07-01 to 2024-06-30

FLORIDA MUNICIPAL NATURAL GAS ASSOCIATION INC, founded in 1990, is a micro nonprofit that reported $88K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

Collect membership dues, assessments and pay legal fees for member cities and districts that operate natural gas utilities systems.

Program Service Accomplishments

Program 1

Expenses: $86,330 Revenue: $88,409

Main accomplishment of the Association is to distribute natural gas to the public at an affordable rate and great a safe environment to operate in.

Program 2

Expenses: $0 Revenue: $0

Not Applicable

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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 $88,409

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,409

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $86,330

Other Expenses $86,330

TOTAL EXPENSES $86,330

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,409	$74,611	+0.2%
Expenses	$86,330	$67,647	+0.3%
Net Income	$2,079	$6,964	-0.7%

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
Darryl Singleton	President	1	Officer Director	$0	$0	$0
Laura Mooney	Secretary	1	Officer Director	$0	$0	$0
Clifton Addison	Treasurer	2	Officer 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	No data	No data	No data	No data
2024	$88,409	$86,330	$55,984	$2,079
2023	$74,611	$67,647	$54,905	$6,964
2022	$170,215	$168,781	$46,941	$1,434
2021	$162,105	$158,204	$46,507	$3,901
2020	$65,732	$64,995	$41,606	$737
2019	$70,509	$71,831	$40,869	$-1,322

FLORIDA MUNICIPAL NATURAL GAS ASSOCIATION INC