UNIVERSITY OF FLORIDA COLLEGE OF NURSING FACULTY PRACTICE ASSOC INC

EIN: 593513811 501(c)(3) Education

GAINESVILLE, FL

Total Revenue
$1,104,926
Total Expenses
$1,652,712
Total Assets
$3,173,911
Net Assets
$3,173,911
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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
1998
Legal Domicile
FL
Principal Officer
DR SHAKIRA HENDERSON
Phone
3522736386
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF FLORIDA COLLEGE OF NURSING FACULTY PRACTICE ASSOC INC, founded in 1998, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.7M exceeded revenue, resulting in a 50% operating deficit.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY TO SUPPORT THE SERVICE, TEACHING AND RESEARCH MISSION AND GOALS OF THE UNIVERSITY OF FLORIDA AND ITS J. HILLIS MILLER HEALTH CENTER AND THE COLLEGE OF NURSING, ALL AS DETERMINED BY THE UNIVERSITY OF FLORIDA BOARD OF TRUSTEES, AND IT SHALL BE OPERATING EXCLUSIVELY FOR CHARITABLE SCIENTIFIC, AND EDUCATIONAL PURPOSES AND NOT FOR PECUNIARY PROFIT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $98,384
Program Service Revenue $1,006,522
Investment Income $20
Other Revenue $0
TOTAL REVENUE $1,104,926

Expense Breakdown

Grants Paid $1,600,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,652,712
Other Expenses $52,712
TOTAL EXPENSES $1,652,712

Year-over-Year Comparison

2024 2023 Change
Revenue $1,104,926 $943,584 +0.2%
Expenses $1,652,712 $1,142,241 +0.4%
Net Income $-547,786 $-198,657 +1.8%
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
6
Independent Members
N/A
Employees
N/A
Volunteers
6

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
2
$996,137
Total Directors
6
$1,728,101
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR SHAKIRA HENDERSON CHAIR 1.00
Officer Director
$0 $63,308 $794,407
DENISE SCHENTRUP DNP MSN ARNP BC SECRETARY/TREASURER 1.00
Officer Director
$0 $42,830 $201,730
KELLY SHARP MBA CPA CMA DIRECTOR 1.00
Director
$0 $60,759 $318,745
JAMES POOLE DNP APRN PMHNP-BC FACULTY REPRESENTATIVE 1.00
Director
$0 $34,733 $143,091
ANTHONY ROLLER DNP APRN CPNP ACPC FACULTY REPRESENTATIVE 1.00
Director
$0 $35,754 $143,091
CURTIS REYNOLDS DIRECTOR 1.00
Director
$0 $62,089 $127,037
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 $1,104,926 $1,652,712 $3,173,911 $-547,786
2024 $943,584 $1,142,241 $3,721,697 $-198,657
2023 $993,320 $1,030,858 $3,920,354 $-37,538
2022 $892,057 $717,459 $4,013,421 $174,598
2021 $957,969 $912,982 $3,883,294 $44,987
2020 $1,037,057 $1,188,702 $3,787,768 $-151,645
2019 $926,843 $1,038,225 $3,889,952 $-111,382
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