FLORIDA INSURANCE FRAUD EDUCATION COMMITTEE (EIN 593427715) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

JESUS ALVAREZ

Phone

4075311050

Tax Period

2023-08-01 to 2024-07-31

FLORIDA INSURANCE FRAUD EDUCATION COMMITTEE, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $424K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $100K, a strong 24% operating margin.

Mission

PROVIDE AN ANNUAL CONFERENCE IN WHICH NUMEROUS EDUCATIONAL COURSES ARE PROVIDED TO LAW ENFORCEMENT AND INSURANCE INDUSTRY PERSONNEL ON DETECTION, INVESTIGATION, PROSECUTION AND PREVENTION OF INSURANCE FRAUD. PROVIDE GRANTS TO LAW ENFORCEMENT PERSONNEL WHO OTHERWISE WOULD BE UNABLE TO ATTEND DUE TO THEIR AGENCIES BUDGETS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $419,786

Investment Income $4,228

Other Revenue $0

TOTAL REVENUE $424,014

Expense Breakdown

Grants Paid $13,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $323,918

Other Expenses $310,768

TOTAL EXPENSES $323,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$424,014	$392,280	+0.1%
Expenses	$323,918	$344,869	-0.1%
Net Income	$100,096	$47,411	+1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

140

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

$7,821

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth Somers	Director (COMPENSATED AS WEBMASTER)	5	Director	$7,821	$0	$7,821
Jesus Alvarez	Director (2 positions)	5	Director	$0	$0	$0
Kyle Herbert	Director	5	Director	$0	$0	$0
Jill Oliveri	Director	5	Director	$0	$0	$0
John Sevino	Director	5	Director	$0	$0	$0
Juli Hyde	Director	5	Director	$0	$0	$0
Katherine Columbia	Director	5	Director	$0	$0	$0
Deanna Ricci	Director	5	Director	$0	$0	$0
ROB ELLIOTT	DIRECTOR	5	Director	$0	$0	$0
DANA FERRIN	VICE CHAIR & Director (2 Positions)	5	Officer Director	$0	$0	$0
ANTHONY PARKER	VICE CHAIR & Director (2 Positions)	5	Officer Director	$0	$0	$0
Eddie Lopez	CHAIR & Director (2 Positions)	5	Officer Director	$0	$0	$0
Charles Beall	Director	5	Director	$0	$0	$0
Dan Milligan	Director	5	Director	$0	$0	$0
Carmen Lambert-Vazquez	Director	5	Director	$0	$0	$0
Yohannys Lopez	Secretary	5	Officer	$0	$0	$0
Todd Jameson	Treasurer	5	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	$424,014	$323,918	$329,713	$100,096
2023	$392,280	$344,869	$207,998	$47,411
2022	$317,507	$284,993	$97,600	$32,514

FLORIDA INSURANCE FRAUD EDUCATION COMMITTEE