CITRUS RESEARCH AND EDUCATION FOUNDATION INC

EIN: 593571798 501(c)(3)

LAKE ALFRED, FL

Total Revenue
$171,057
Total Expenses
$413,238
Total Assets
N/A
Net Assets
N/A
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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
1999
Legal Domicile
FL
Principal Officer
DR MICHAEL ROGERS
Phone
8639561151
Tax Period
2019-07-01 to 2019-12-31

CITRUS RESEARCH AND EDUCATION FOUNDATION INC, founded in 1999, is a small nonprofit that reported $171K in total revenue in fiscal year 2019. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $413K exceeded revenue, resulting in a 142% operating deficit.

Mission

DIRECT SUPPORT ORGANIZATION FOR THE UNIVERSITY OF FLORIDA. IT SUPPORTS CITRUS RESEARCH FOR THE UNIVERSITY'S COLLEGE OF AGRICULTURE.

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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 (2019)

Revenue Breakdown

Contributions & Grants $100
Program Service Revenue $166,617
Investment Income $4,316
Other Revenue $24
TOTAL REVENUE $171,057

Expense Breakdown

Grants Paid $138,411
Salaries & Benefits $21,257
Fundraising Expenses $0
Program Expenses $413,238
Other Expenses $253,570
TOTAL EXPENSES $413,238

Year-over-Year Comparison

2019 2018 Change
Revenue $171,057 $497,764 -0.7%
Expenses $413,238 $528,178 -0.2%
Net Income $-242,181 $-30,414 +7.0%
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
3
Independent Members
3
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR NICK PLACE DIRECTOR N/A
Director
$0 $0 $0
DR NICK PLACE DIRECTOR N/A
Director
$0 $0 $0
DR MICHAEL ROGERS EXECUTIVE DI N/A
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
2019 $497,764 $528,178 $1,037,971 $-30,414
2019 $171,057 $413,238 No data $-242,181
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