Florida Hospital Engineers Associa… - 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

1981

Legal Domicile

Phone

9548838010

Tax Period

2024-02-01 to 2025-01-31

Florida Hospital Engineers Association dba Florida Heathcare Engineering Asso, founded in 1981, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $956K left a modest 11% surplus.

Mission

To promote the professional role of the healthcare engineer and advance the development of healthcare engineering through effective communication, educational opportunities and establishment of professional standards.

Program Service Accomplishments

Program 1

Education of members

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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 $237,532

Program Service Revenue $787,032

Investment Income $51,256

Other Revenue $0

TOTAL REVENUE $1,075,820

Expense Breakdown

Grants Paid $13,350

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $942,187

TOTAL EXPENSES $955,537

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,075,820	$931,544	+0.2%
Expenses	$955,537	$752,072	+0.3%
Net Income	$120,283	$179,472	-0.3%

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

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
Kirk Dickson	President	1.00	Officer Director	$0	$0	$0
Kevin Daniel	District I Pre	1.00	Director	$0	$0	$0
Tony Echazabal	Dist Pres	1.00	Director	$0	$0	$0
Luis Rodriguez	District IV Pre	1.00	Director	$0	$0	$0
Jeff Howard	District II Pre	1.00	Director	$0	$0	$0
John Newman	Vice President	1.00	Officer Director	$0	$0	$0
Jim Dixon	District II Rep	1.00	Director	$0	$0	$0
Edgard Niebles	Secretary	1.00	Officer Director	$0	$0	$0
Anthony Muglia	District III Re	0.00	Director	$0	$0	$0
Cecily Allen	District I Rep	1.00	Director	$0	$0	$0
John Crouch	Education Comm	0.00	Director	$0	$0	$0
Jennifer Bello	Membership Dev	0.00	Director	$0	$0	$0
Phil Cardone	Codes Standards	0.00	Director	$0	$0	$0
Larry Peterson	ASHE Region 4 L	0.00	Director	$0	$0	$0
Bobby Baird	Treasurer	1.00	Officer Director	$0	$0	$0
Sarah Jeffcoat	Executive Dir.	40.00	Director	$0	$0	$0
Marty Streeper	Meeting Coordin	40.00	Director	$0	$0	$0
Mike Streeper	Financial Dir	40.00	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
2025	$1,075,820	$955,537	$1,301,220	$120,283
2024	$931,544	$752,072	$1,180,937	$179,472
2023	$583,979	$728,043	$1,001,465	$-144,064
2022	$324,715	$308,443	$1,157,415	$16,272
2021	$229,570	$159,138	$1,146,280	$70,432
2020	$734,646	$637,516	$1,075,848	$97,130
2019	$563,825	$463,908	$978,718	$99,917

Florida Hospital Engineers Association dba Florida Heathcare Engineering Asso