FLORIDA ALLIANCE FOR VACATION RENT… - 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

2004

Legal Domicile

Principal Officer

CHUCK STEEG

Phone

4072186600

Tax Period

2023-09-01 to 2024-08-31

FLORIDA ALLIANCE FOR VACATION RENTALS INC, founded in 2004, is a small nonprofit that reported $419K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO IMPROVE QUALITY, EFFICIENCY, AND SERVICE THROUGH EDUCATION AND INTERACTION OF PROPERTY MANAGEMENT COMPANIES.

Program Service Accomplishments

Program 1

Expenses: $264,155 Revenue: $239,036

FVRMA SEMINARS - PROVIDES USEFUL INFORMATION ABOUT THE RENTAL MANAGEMENT INDUSTRY FOR ANY MEMBER.

Program 2

Expenses: $3,872

FVRMA NEWSLETTER - PROVIDES UPDATES AND RECENT NEWS AFFECTING THE RENTAL MANAGEMENT INDUSTRY FOR ALL MEMBERS.

Program 3

Expenses: $75,882

PROVIDE LOBBYING SERVICES ON BEHALF OF THE VACATION RENTAL MANAGEMENT INDUSTRY IN FLORIDA IN ORDER TO COMBAT NEGATIVE LEGISLATION.

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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 $180,314

Program Service Revenue $239,036

Investment Income $0

Other Revenue $0

TOTAL REVENUE $419,350

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,678

Fundraising Expenses $39,645

Program Expenses $362,938

Other Expenses $300,057

TOTAL EXPENSES $435,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$419,350	$447,155	-0.1%
Expenses	$435,735	$395,804	+0.1%
Net Income	$-16,385	$51,351	-1.3%

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

1211

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
TRAVIS BURTON	DIRECTOR	3.00	Director	$0	$0	$0
VICTOR FARIA	DIRECTOR	3.00	Director	$0	$0	$0
DAVID C FILIPPONI	VICE PRESIDE	6.00	Officer Director	$0	$0	$0
TERESA GUNTER	DIRECTOR	3.00	Director	$0	$0	$0
DENIS HANKS	EXECUTIVE DI	6.00	Director	$0	$0	$0
GEROGE HAQ	DIRECTOR	3.00	Director	$0	$0	$0
ALLAN LAMBERTI	DIRECTOR	6.00	Director	$0	$0	$0
JEREMY MAYER	DIRECTOR	3.00	Director	$0	$0	$0
MEGAN MCCREA	DIRECTOR	3.00	Director	$0	$0	$0
MARK MORZE	DIRECTOR	3.00	Director	$0	$0	$0
RAFEL NEVES	DIRECTOR	3.00	Director	$0	$0	$0
CHUCK STEEG	PRESIDENT	6.00	Officer Director	$0	$0	$0
STEVE TURK	DIRECTOR	3.00	Director	$0	$0	$0
STEVE VINCIGUERRA	DIRECTOR	3.00	Director	$0	$0	$0
LARRY WINTER	DIRECTOR	3.00	Director	$0	$0	$0
LOUISA BALDOCK	SECRETARY	6.00	Officer	$0	$0	$0
STEVE BELL	TREASURER	6.00	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
2025	No data	No data	No data	No data
2024	$419,350	$435,735	$255,227	$-16,385
2023	$447,155	$395,804	$271,612	$51,351
2022	$410,952	$350,731	$220,261	$60,221
2021	$255,964	$216,910	$160,040	$39,054
2020	$273,321	$238,158	$120,986	$35,163
2019	$366,414	$340,835	$85,823	$25,579
2018	$352,386	$348,956	$60,244	$3,430

FLORIDA ALLIANCE FOR VACATION RENTALS INC