CANAVERAL COUNCIL OF TECHNICAL SOCIETIES

EIN: 596173124 501(c)(3)

COCOA BEACH, FL

Total Revenue
$50,322
Total Expenses
$25,414
Total Assets
$538,731
Net Assets
$538,731
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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
1960
Legal Domicile
FL
Principal Officer
NIMISHA VYAS
Phone
3214499455
Tax Period
2024-07-01 to 2025-06-30

CANAVERAL COUNCIL OF TECHNICAL SOCIETIES, founded in 1960, is a micro nonprofit that reported $50K in total revenue in fiscal year 2024. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 49% operating margin.

Mission

PROMOTE AEROSPACE ACTIVITIES.

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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 $1,750
Program Service Revenue $10,187
Investment Income $38,385
Other Revenue $0
TOTAL REVENUE $50,322

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $25,414
Other Expenses $25,414
TOTAL EXPENSES $25,414

Year-over-Year Comparison

2024 2023 Change
Revenue $50,322 $27,728 +0.8%
Expenses $25,414 $47,392 -0.5%
Net Income $24,908 $-19,664 -2.3%
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
6
Employees
N/A
Volunteers
43

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
6
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIMISHA VYAS CHAIR 2.00
Officer
$0 $0 $0
ANDREW CLARK VICE CHAIR 2.00
Officer
$0 $0 $0
JOSEPH VANDEVILLE TREASURER 2.00
Officer
$0 $0 $0
WENDY AUSTIN SECRETARY 2.00
Officer
$0 $0 $0
TOMMY WRIGHT MEMBERSHIP C 2.00
Officer
$0 $0 $0
MACAULAY OSAISAI MARKETING CH 2.00
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
2025 $50,322 $25,414 $538,731 $24,908
2020 $110,208 $53,000 $260,967 $57,208
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