SOUTH FLORIDA TECH HUB INC (EIN 611769589) - 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

2015

Legal Domicile

Principal Officer

NICOLE CABUS

Phone

5619011725

Tax Period

2024-01-01 to 2024-12-31

SOUTH FLORIDA TECH HUB INC, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $464K in total revenue in fiscal year 2024. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $634K exceeded revenue, resulting in a 36% operating deficit.

Mission

AS A REGIONAL TRADE ASSOCIATION, SOUTH FLORIDA TECH HUB PROMOTES INDUSTRY GROWTH BY WORKING WITH EDUCATIONAL INSTITUTIONS, GOVERNMENT ENTITIES, AND BUSINESS GROUPS TO SUPPORT THE GOALS OF MEMBER COMPANIES. OUR CORE FOCUS IS FIXED ON PRODUCING LONG-TERM ECONOMIC IMPACT BY ATTRACTING NEW BUSINESS, SUPPORTING STARTUPS, AND BUILDING THE TALENT POOL.

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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 $460,541

Program Service Revenue $0

Investment Income $3,946

Other Revenue $0

TOTAL REVENUE $464,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $404,011

Fundraising Expenses $0

Program Expenses $100,452

Other Expenses $229,848

TOTAL EXPENSES $633,859

Year-over-Year Comparison

	2024	2023	Change
Revenue	$464,487	$826,408	-0.4%
Expenses	$633,859	$669,623	-0.1%
Net Income	$-169,372	$156,785	-2.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD VIENS	TREASURER	2.50	Officer Director	$0	$0	$0
DEANNA PIZZO	CHAIRMAN	2.50	Officer Director	$0	$0	$0
GRACE KURIAN	VICE CHAIRMAN	2.50	Officer Director	$0	$0	$0
JAMES STEPAN	SECRETARY	2.50	Officer Director	$0	$0	$0
IMRAN SUDDIQUI	CEO	40.00	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
2024	$464,487	$633,859	$208,066	$-169,372
2023	$826,408	$669,623	$382,374	$156,785
2022	$589,609	$489,660	$255,643	$99,949
2021	$393,332	$392,804	$103,935	$528
2020	$323,016	$302,792	$41,893	$20,224
2019	$216,332	$202,415	$22,583	$13,917

SOUTH FLORIDA TECH HUB INC