FLORIDA KEYS EDUCATIONAL FOUNDATION INC (EIN 596173174) - 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

1996

Legal Domicile

Principal Officer

LANA GASPARI

Phone

3058093299

Tax Period

2023-04-01 to 2024-03-31

FLORIDA KEYS EDUCATIONAL FOUNDATION INC, founded in 1996, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 63% operating margin.

Mission

FINANCIAL AND OTHER SUPPORT TO FURTHER THE MISSION AND GOALS OF THE COLLEGE OF THE FLORIDA KEYS.

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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 $1,585,540

Program Service Revenue $0

Investment Income $223,861

Other Revenue $37,382

TOTAL REVENUE $1,846,783

Expense Breakdown

Grants Paid $499,314

Salaries & Benefits $0

Fundraising Expenses $22,587

Program Expenses $592,796

Other Expenses $182,454

TOTAL EXPENSES $681,768

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,846,783	$749,474	+1.5%
Expenses	$681,768	$1,063,846	-0.4%
Net Income	$1,165,015	$-314,372	-4.7%

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

N/A

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

$115,539

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA LOSARDO	RECORDING SECRETARY	0.20	Officer Director	$0	$0	$0
RACHEL OROPEZA	RECORDING SECRETARY	0.03	Officer Director	$0	$0	$0
BRUCE HALLE	TREASURER	0.23	Officer Director	$0	$0	$0
ROBERT STOKY	CHAIR	0.19	Officer Director	$0	$0	$0
LISA FERRINGO	VICE CHAIR	0.13	Officer Director	$0	$0	$0
ALAN BEAUBIEN	MEMBER	0.06	Director	$0	$0	$0
DALE CHASTEEN	MEMBER	0.16	Director	$0	$0	$0
CARRIE GROOMES	MEMBER	0.16	Director	$0	$0	$0
DEBRA LEONARD	MEMBER	0.19	Director	$0	$0	$0
JOHN PARCE	MEMBER	0.19	Director	$0	$0	$0
MIKE PUTO	MEMBER	0.09	Director	$0	$0	$0
YVETTE TALBOTT	MEMBER (THRU 10/23)	0.06	Director	$0	$0	$0
LANA GASPARI	EXECUTIVE DIRECTOR (AS OF 3/23)	5.00	Officer	$0	$18,573	$115,539

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	No data	No data	No data	No data
2024	$1,846,783	$681,768	$8,715,752	$1,165,015
2023	$749,474	$1,063,846	$6,581,784	$-314,372
2022	$958,072	$1,384,810	$7,544,279	$-426,738
2021	$1,976,951	$915,768	$7,740,394	$1,061,183
2020	$1,204,926	$1,572,077	$4,621,582	$-367,151
2019	$638,378	$446,382	$6,069,453	$191,996

FLORIDA KEYS EDUCATIONAL FOUNDATION INC