Florida Sunnyland Chapter of the A… - 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

1984

Legal Domicile

Principal Officer

JOHN H HOUGH

Phone

3523437414

Tax Period

2024-01-01 to 2024-12-31

Florida Sunnyland Chapter of the ACBS Inc, founded in 1984, is a small nonprofit in the Arts, Culture & Humanities sector that reported $202K in total revenue in fiscal year 2024.

Mission

Protect the heritage of boating by promoting preservation and restoration of historic antique and classic boats, serve as a communication channel for membership and the general public.

Program Service Accomplishments

Program 1

Expenses: $124,567 Revenue: $113,781

Annual boat show to provide public the ability to view antique and collectible boats and to educate on the restoration and preservation of classic wood boats.

Program 2

Expenses: $41,111 Revenue: $34,714

Youth program mentors youth in the construction, maintenance, and preservation of wooden boats

Program 3

Expenses: $3,138 Revenue: $3,528

Antique boat festivals for display of collectible and antique boats for public viewing and promotion of public education.

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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 $23,551

Program Service Revenue $170,151

Investment Income $4,152

Other Revenue $4,323

TOTAL REVENUE $202,177

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,598

Other Expenses $209,960

TOTAL EXPENSES $209,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$202,177	$197,886	+0.0%
Expenses	$209,960	$226,714	-0.1%
Net Income	$-7,783	$-28,828	-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

N/A

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
HOWARD WANAMAKER	PRESIDENT	4.00	Officer	$0	$0	$0
ALAN SCHILK	VICE PRESIDENT	2.00	Officer	$0	$0	$0
NEIL AVERY	SECRETARY	4.00	Officer	$0	$0	$0
JOHN HOUGH	TREASURER	10.00	Officer	$0	$0	$0
ED NUGENT	DIRECTOR	0.50	Director	$0	$0	$0
DEBI WEINERT	DIRECTOR	0.50	Director	$0	$0	$0
BILL ROBBINS	DIRECTOR	0.50	Director	$0	$0	$0
MIKE YOBE	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE EMMANUEL	DIRECTOR	0.50	Director	$0	$0	$0
TOM DROZD	2ND VICE PRESIDENT	0.50	Key Emp	$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	$202,177	$209,960	$211,226	$-7,783
2023	$197,886	$226,714	$213,066	$-28,828
2022	$234,212	$189,414	$242,625	$44,798
2017	$218,445	$175,514	$226,177	$42,931

Florida Sunnyland Chapter of the ACBS Inc