FIRST COAST FLEET INC

EIN: 593250281

JACKSONVILLE, FL

Total Revenue
$900,530
Total Expenses
$67,306
Total Assets
$834,765
Net Assets
$834,765
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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
1993
Legal Domicile
FM
Principal Officer
SKIP DURBIN
Tax Period
2023-01-01 to 2023-12-31

FIRST COAST FLEET INC, founded in 1993, is a small nonprofit that reported $901K in total revenue in fiscal year 2023. The organization ran a surplus of $833K, a strong 93% operating margin.

Mission

SOCIAL GATHERING FOR VETERANS AND SUPPORT FOR LOCAL CHARITIES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $796,439
Program Service Revenue $0
Investment Income $373
Other Revenue $103,718
TOTAL REVENUE $900,530

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $67,306
Other Expenses $67,306
TOTAL EXPENSES $67,306

Year-over-Year Comparison

2023 2022 Change
Revenue $900,530 N/A N/A
Expenses $67,306 N/A N/A
Net Income $833,224 N/A N/A
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

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Governance

Voting Members
893
Independent Members
893
Employees
N/A
Volunteers
12

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRANKLIN DURBIN PRES 010.00
Officer Director
$0 $0 $0
JOSEPH BATTLE SECRETARY 010.00
Officer Director
$0 $0 $0
LAWRENCE ODOM TREASURER 010.00
Officer Director
$0 $0 $0
DENISE TORREFRANCA VICE PRESIDENT 010.00
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
2024 No data No data No data No data
2023 $900,530 $67,306 $834,765 $833,224
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