FAITH IN FLORIDA INC (EIN 593151613) - 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

1992

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

FAITH IN FLORIDA INC, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $2.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

To build a powerful, multicultural, nonpartisan network of congregation community organization in FL to address systemic racial & economic issues that cause poverty for our families. With multiple differenct religious denominations & faith traditions represented...

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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 $2,417,658

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,417,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,360,307

Fundraising Expenses $0

Program Expenses $2,744,564

Other Expenses $469,360

TOTAL EXPENSES $2,829,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,417,658	$3,826,729	-0.4%
Expenses	$2,829,667	$3,391,292	-0.2%
Net Income	$-412,009	$435,437	-1.9%

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

4036

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
Pastor Rhonda Thomas	Executive Director	40.00	Highest	$145,108	$0	$145,108
Pastor Emory Collier	Board Member	1.00	Director	$0	$0	$0
Deacon Michael McBride	Chair	1.00	Director	$0	$0	$0
Theresa Pickett	Board Member	1.00	Director	$0	$0	$0
Father Yves Geffrard	Board Member	1.00	Director	$0	$0	$0
Rev Gregory Thompson	Treasurer	1.00	Director	$0	$0	$0
Alphonso Mayfield	Board Member	1.00	Director	$0	$0	$0
Rabbi Jason Rosenberg	Co-Chair	1.00	Director	$0	$0	$0
Bishop Joseph Kidwell	Secretary	1.00	Director	$0	$0	$0
Dr Jennifer Meningall	Board Member	1.00	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
2024	No data	No data	No data	No data
2023	$2,417,658	$2,829,667	$1,922,992	$-412,009
2022	$3,826,729	$3,391,292	$2,224,003	$435,437
2021	$1,913,731	$1,964,504	$1,660,314	$-50,773
2020	$3,541,021	$2,136,342	$1,831,136	$1,404,679
2019	$813,012	$931,830	$195,266	$-118,818
2018	$1,773,640	$1,719,191	$218,640	$54,449

FAITH IN FLORIDA INC