NEW SMYRNA BEACH, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FLORIDA COMMUNITY CAPITAL CORPORATION is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 83489% operating deficit.
PROVIDE FLEXIBLE SOURCES OF CAPITAL TO TARGETED POPULATIONS AND DISTRESSED MARKETS IN FLORIDA FOR A VARIETY OF PURPOSES INCLUDING THE PROVISION OF AFFORDABLE HOUSING AND ECONOMIC DEVELOPMENT.
PROMOTE AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE BENEFIT OF LOW TO MODERATE INCOME INDIVIDUALS LIVING IN ECONOMICALLY DISTRESSED AREAS, THROUGH THE ADMINISTRATION OF PUBLIC &...
PROMOTE AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT FOR THE BENEFIT OF LOW TO MODERATE INCOME INDIVIDUALS LIVING IN ECONOMICALLY DISTRESSED AREAS, THROUGH THE ADMINISTRATION OF PUBLIC & PRIVATE FUNDS AND REAL ESTATE DEVELOPMENT PROJECTS.
THE ORGANIZATION FORGAVE LOANS IN THE AMOUNT OF 685,929 THAT WERE OWED FROM TAX EXEMPT ORGANIZATIONS WHOSE MAIN PURPOSE IS TO PROVIDE AFFORDABLE HOUSING AND PROMOTE ECONOMIC DEVELOPMENT TO LOW INCOME...
THE ORGANIZATION FORGAVE LOANS IN THE AMOUNT OF 685,929 THAT WERE OWED FROM TAX EXEMPT ORGANIZATIONS WHOSE MAIN PURPOSE IS TO PROVIDE AFFORDABLE HOUSING AND PROMOTE ECONOMIC DEVELOPMENT TO LOW INCOME INDIVIDUALS LIVING IN ECONOMICALLY DISTRESSED AREAS. THREE OF THE ORGANIZATIONS WERE 501(C) (3) ORGANIZATIONS AND THE OTHER ORGANIZATION IS A 501(C)(1) TAX EXEMPT GOVERNMENT INSTRAMENTALITY ORGANIZATION. THE LOANS WERE FORGIVEN IN ORDER TO ASSIST THOSE ORGANIZATIONS BY FREEING UP SOME OF THEIR CAPITAL SO THAT THEY WILL BE ABLE TO PROVIDE MORE FUNDS TO THE COMMUNITIES IN THE DISTRESSED ECONOMIC AREAS THAT THEY SERVE.
DISTRIBUTED 1,258,092 TO FLORIDA COMMUNITY PARTNERS TO ASSIST THEM IN THEIR MISSION TO PROVIDE SUPPORT TO LOCAL CHARITABLE ORGANIZATIONS WHICH ARE IN DIRE NEED OF FUNDING DUE TO THE COVID EPIDEMIC...
DISTRIBUTED 1,258,092 TO FLORIDA COMMUNITY PARTNERS TO ASSIST THEM IN THEIR MISSION TO PROVIDE SUPPORT TO LOCAL CHARITABLE ORGANIZATIONS WHICH ARE IN DIRE NEED OF FUNDING DUE TO THE COVID EPIDEMIC. OF THE AMOUNT DISTRIBUTED ABOVE, 800,000 HAS BEEN DISTRIBUTED BY FLORIDA COMMUNITY PARTNERS TO LOCAL 501(C)(3) CHARITIES AND AN ADDITIONAL AMOUNT WILL BE DISTRIBUTED PRIOR TO SEPTEMBER 30, 2021 TO OTHER LOCAL TAX EXEMPT ORGANIZATIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $2,482 | $68,741 | -1.0% |
| Expenses | $2,074,687 | $248,813 | +7.3% |
| Net Income | $-2,072,205 | $-180,072 | +10.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DOUG KRENZER | BOARD CHAIRM | N/A |
Director
|
$0 | $0 | $0 |
| NANCY MEROLLA | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| JOHN NICHOLAS | EXECUTIVE DI | N/A |
Officer
Director
|
$0 | $0 | $0 |
| CRAIG RIDINGER | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $2,482 | $2,074,687 | No data | $-2,072,205 |
| 2020 | $68,741 | $248,813 | $3,489,916 | $-180,072 |
| 2019 | $78,655 | $185,729 | $9,107,715 | $-107,074 |
| 2018 | $106,017 | $189,226 | $10,141,531 | $-83,209 |
Compare FLORIDA COMMUNITY CAPITAL CORPORATION with other nonprofits in Florida and across the country.