Florida Society for Clinical Lab

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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

1966

Legal Domicile

Principal Officer

Halcyon St Hill

Tax Period

2023-08-01 to 2024-07-31

Florida Society for Clinical Lab, founded in 1966, is a micro nonprofit in the Science & Technology sector that reported $7K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $6K left a modest 13% surplus.

Mission

The Organizations primary exempt purpose is promoting the profession of clinical laboratory science and providing beneficial services to those who practice in the State of Florida.

Program Service Accomplishments

Program 1

Expenses: $5,676 Revenue: $6,502

The Organizations primary exempt purpose is promoting the profession of clinical laboratory science and providing benefical services to those members who practice in the State of 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 (2023)

Revenue Breakdown

Contributions & Grants $1,180

Program Service Revenue $3,505

Investment Income $0

Other Revenue $1,818

TOTAL REVENUE $6,503

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,676

Other Expenses $5,676

TOTAL EXPENSES $5,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,503	$8,375	-0.2%
Expenses	$5,676	$6,237	-0.1%
Net Income	$827	$2,138	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Emelia Morrero-Green	President	0.00	Officer Director	$0	$0	$0
Mark De Luna	Past President	3.00	Officer	$0	$0	$0
Heather Mc Nasby	President Elect	3.00	Officer	$0	$0	$0
Lynn Ulmer	Secetary	0.00	Officer	$0	$0	$0
Halcyon St Hill	Treasurer	0.00	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	No data	No data	No data	No data
2024	$6,503	$5,676	$56,370	$827
2023	$8,375	$6,237	$55,543	$2,138
2022	$16,581	$5,593	$53,405	$10,988
2021	$4,714	$3,119	$42,417	$1,595
2020	$12,360	$9,725	$40,846	$2,635