FLORIDA'S GREAT NORTHWEST INC (EIN 593685250) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

JENNIFER CONOLEY

Phone

8505270999

Tax Period

2023-01-01 to 2023-12-31

FLORIDA'S GREAT NORTHWEST INC, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $681K in total revenue in fiscal year 2023. Expenses of $814K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROMOTE NORTHWEST FLORIDA FOR ECONOMIC GROWTH AND DIVERSIFICATION, ADVOCATE FOR ECONOMIC DEVELOPMENT ISSUES THAT AFFECT THE REGION, AND COLLABORATE TO IMPROVE REGIONAL COMPETITIVENESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $621,676

Program Service Revenue $59,018

Investment Income $603

Other Revenue $0

TOTAL REVENUE $681,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $395,201

Fundraising Expenses $0

Other Expenses $418,850

TOTAL EXPENSES $814,051

Year-over-Year Comparison

	2023	2022	Change
Revenue	$681,297	$665,546	+0.0%
Expenses	$814,051	$718,581	+0.1%
Net Income	$-132,754	$-53,035	+1.5%

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

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

$178,871

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CONOLEY	PRESIDENT &	40.00	Officer	$151,565	$27,306	$178,871
EDDIE THOMPSON	BOARD	N/A	Director	$0	$0	$0
JENNIFER GROVE	BOARD	N/A	Director	$0	$0	$0
BECCA HARDIN	BOARD	N/A	Director	$0	$0	$0
JOHN DANIEL	BOARD	N/A	Director	$0	$0	$0
MARTI WATTS	BOARD	N/A	Director	$0	$0	$0
JAMES LEE	BOARD	N/A	Director	$0	$0	$0
RICHARD WILLIAMS	BOARD	N/A	Director	$0	$0	$0
MARCUS MCBRIDE	BOARD	N/A	Director	$0	$0	$0
KIM BODINE	BOARD	N/A	Director	$0	$0	$0
MICHELE BURNS	BOARD	N/A	Director	$0	$0	$0
ANN MARIE SALE	BOARD	N/A	Director	$0	$0	$0
KATIE BYRD	BOARD	N/A	Director	$0	$0	$0
TOM WATSON	BOARD	N/A	Director	$0	$0	$0
CHRIS HART	BOARD	N/A	Director	$0	$0	$0
ALBIE KAMINSKY	BOARD	N/A	Director	$0	$0	$0
DR SARAH CLEMMONS	BOARD	N/A	Director	$0	$0	$0
MEGAN FRY	BOARD	N/A	Director	$0	$0	$0
JASON CROWE	BOARD	N/A	Director	$0	$0	$0
KRISTIN LONGLEY	BOARD	N/A	Director	$0	$0	$0
DANIELLE RUIZ	BOARD	N/A	Director	$0	$0	$0
MARY SWOOPE	BOARD	N/A	Director	$0	$0	$0
JOHN GREGORY	BOARD	N/A	Director	$0	$0	$0
HONG POTOMSKI	BOARD	N/A	Director	$0	$0	$0
VERDELL HAWKINS	BOARD	N/A	Director	$0	$0	$0
WES HUDGENS	BOARD	N/A	Director	$0	$0	$0
DR RANDY HANNA	BOARD	N/A	Director	$0	$0	$0
BRIAN HILSON	BOARD	N/A	Director	$0	$0	$0
RICKY JONES	BOARD	N/A	Director	$0	$0	$0
DAVID GAINES	BOARD	N/A	Director	$0	$0	$0
GLEN MCDONALD	BOARD	N/A	Director	$0	$0	$0
JIM MCKNIGHT	BOARD	N/A	Director	$0	$0	$0
BRUCE VREDENBURG	BOARD	N/A	Director	$0	$0	$0
KENDRICK DOIDGE	BOARD	N/A	Director	$0	$0	$0
CHAD NEUKIRCH	BOARD	N/A	Director	$0	$0	$0
JOE RONE	BOARD	N/A	Director	$0	$0	$0
TIFFANY GARLING	BOARD	N/A	Director	$0	$0	$0
JOHNATHAN TAYLOR	BOARD	N/A	Director	$0	$0	$0
JENNIFER GREEN	BOARD	N/A	Director	$0	$0	$0
KIMBERLY ADERHOLDT	BOARD	N/A	Director	$0	$0	$0
PARKER MCCLELLAN	BOARD	N/A	Director	$0	$0	$0
DR DEVIN STEPHENSON	BOARD	N/A	Director	$0	$0	$0
NATHAN SPARKS	BOARD	N/A	Director	$0	$0	$0
ROY BAKER	BOARD	N/A	Director	$0	$0	$0
ALEX KING	BOARD	N/A	Director	$0	$0	$0
KECIA CRAWFORD	BOARD	N/A	Director	$0	$0	$0
MATT COUGHLIN	BOARD	N/A	Director	$0	$0	$0
DR ED MEADOWS	BOARD	N/A	Director	$0	$0	$0
SCARLETT PHANEUF	BOARD	N/A	Director	$0	$0	$0
TAYLOR WILLIAMS	BOARD	N/A	Director	$0	$0	$0
JULIE PETERSON	BOARD	N/A	Director	$0	$0	$0
ALLISON JONES	BOARD	N/A	Director	$0	$0	$0
SHANNON OGLETREE	BOARD	N/A	Director	$0	$0	$0
EDDIE NORRIS	BOARD	N/A	Director	$0	$0	$0
SCOTT SHAMBURGER	BOARD	N/A	Director	$0	$0	$0
DAVID BEAR	BOARD	N/A	Director	$0	$0	$0
RHEA GOFF	BOARD	N/A	Director	$0	$0	$0
DAN VELAZQUEZ	BOARD	N/A	Director	$0	$0	$0
TOM OWENS	BOARD	N/A	Director	$0	$0	$0
NICOLE GISLASON	BOARD	N/A	Director	$0	$0	$0
URIAH MATTHEWS	BOARD	N/A	Director	$0	$0	$0
KEVIN BOWYER	BOARD	N/A	Director	$0	$0	$0
TRACY ANDREWS	BOARD	N/A	Director	$0	$0	$0
DEREK CHADWELL	BOARD	N/A	Director	$0	$0	$0
CHAD PIPPIN	BOARD	N/A	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
2024	No data	No data	No data	No data
2023	$681,297	$814,051	$357,462	$-132,754
2022	$665,546	$718,581	$422,390	$-53,035
2021	$580,498	$658,620	$462,722	$-78,122
2020	$485,456	$534,794	$488,723	$-49,338
2019	$989,706	$1,428,536	$540,242	$-438,830
2018	$1,218,480	$533,323	$1,196,281	$685,157

FLORIDA'S GREAT NORTHWEST INC