FLORIDA EDUCATION ASSOCIATION

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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

ANDREW SPAR

Phone

8502012800

Tax Period

2024-09-01 to 2025-08-31

FLORIDA EDUCATION ASSOCIATION, founded in 2000, is a mid-sized nonprofit in the Employment sector that reported $37.9M in total revenue in fiscal year 2024.

Mission

TO BE THE UNITED VOICE FOR EXCELLENCE IN PUBLIC EDUCATION IN FLORIDA. TO ADVOCATE THE RIGHT TO A FREE, QUALITY PUBLIC EDUCATION FOR ALL. TO EMPOWER AND SUPPORT LOCAL AFFILIATES. TO ADVANCE PROFESSIONAL GROWTH, PUBLIC SCHOOLS, COLLEGES AND UNIVERSITIES. TO ENGAGE OUR MEMBERS AND COMMUNITIES AND TO ENSURE THAT ALL STUDENTS LEARN AND SUCCEED IN A DIVERSE WORLD.

Program Service Accomplishments

Program 1

A PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE COLLECTIVE BARGAINING AND REPRESENTATION SERVICES FOR PUBLIC EDUCATION EMPLOYEES THROUGH LOCAL AFFILIATES IN FLORIDA.

Program 2

A PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE LEGISLATIVE SERVICES FOR PUBLIC EDUCATION EMPLOYEES IN FLORIDA.

Program 3

A PRIMARY PURPOSE OF THE ASSOCIATION IS TO PROVIDE PROFESSIONAL DEVELOPMENT FOR PUBLIC EDUCATION EMPLOYEES THROUGH LOCAL AFFILIATES IN FLORIDA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,580,232

Program Service Revenue $33,193,140

Investment Income $1,119,156

Other Revenue $48,826

TOTAL REVENUE $37,941,354

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,491,518

Fundraising Expenses $0

Other Expenses $24,373,032

TOTAL EXPENSES $40,864,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,941,354	$37,445,235	+0.0%
Expenses	$40,864,550	$38,953,837	+0.0%
Net Income	$-2,923,196	$-1,508,602	+0.9%

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

181

Volunteers

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

$1,146,601

Total Directors

$1,154,484

Key Employees

$1,527,125

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW SPAR	PRESIDENT	40.00	Officer Director	$342,946	$117,888	$460,834
CAROLE GAURONSKAS	VICE PRESIDENT	40.00	Officer Director	$270,505	$90,635	$361,140
NANDI RILEY	SECREATARY/TREASURER	40.00	Officer Director	$245,424	$79,203	$324,627
LAKISHA AYERS-WHITE	EXECUTIVE CABINET MEMBER	2.00	Director	$7,883	$0	$7,883
JORJE BOTELLO	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
ANNA FUSCO	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
TERESA HODGE	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
ROB KRIETE	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
LYNNITA LUCAS	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
RONALD POLLARD	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
KELLEY STEPHENSON	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
VANESSA TILLMAN	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
CARMEN WARD	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
ANTONIO WHITE	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
STEPHANIE YOCUM	EXECUTIVE CABINET MEMBER	2.00	Director	$0	$0	$0
AMBER SWORDS	DIRECTOR OF BUDGET & FINAN	40.00	Key Emp	$176,587	$109,766	$286,353
TANYA CORNELL	CHIEF OF STAFF	40.00	Key Emp	$171,630	$71,181	$242,811
ANTHONY ROEDER	DIRECTOR OF INFORMATION TE	40.00	Key Emp	$163,118	$96,829	$259,947
KIMBERLY MENCHION	DIRECTOR OF LEGAL SERVICES	40.00	Key Emp	$159,635	$80,394	$240,029
ERIC RILEY	DIRECTOR OF PUBLIC POLICY	40.00	Key Emp	$157,743	$92,982	$250,725
JASON JOSEPH	DIRECTOR OF ORGANIZING & F	40.00	Key Emp	$154,161	$93,099	$247,260
PRIMROSE CAMERON	DIRECTOR OF PROFESSIONAL D	40.00	Highest	$159,202	$72,229	$231,431
MARY THOMAS-PROUD	SOUTHERN REGIONAL MANAGER	40.00	Highest	$147,422	$71,936	$219,358
TONY GENTILE	NORTHERN REGIONAL MANAGER	40.00	Highest	$142,582	$98,105	$240,687
STEPHANIE STORRUSTEN	SENIOR STAFF ACCOUNTANT	40.00	Highest	$131,361	$72,249	$203,610
EMILY MOORE	STAFF COUNSEL	40.00	Highest	$128,279	$26,505	$154,784

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	$37,941,354	$40,864,550	$73,932,971	$-2,923,196
2024	$37,445,235	$38,953,837	$74,874,191	$-1,508,602
2023	$43,367,881	$41,917,977	$78,957,167	$1,449,904
2022	$42,163,240	$42,911,234	$75,055,049	$-747,994
2021	$37,353,191	$35,537,718	$61,306,986	$1,815,473
2020	$36,363,451	$30,557,123	$56,753,840	$5,806,328
2019	$36,432,637	$31,228,260	$51,151,117	$5,204,377
2018	$33,070,912	$29,635,680	$44,451,349	$3,435,232