BETTERMENT ASSOCIATION OF THE EVERGLADES AREA INC (EIN 650057930) - 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

1987

Legal Domicile

Principal Officer

CAROL FOSS

Phone

2398255762

Tax Period

2020-01-01 to 2020-12-31

BETTERMENT ASSOCIATION OF THE EVERGLADES AREA INC, founded in 1987, is a micro nonprofit that reported $36K in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $75K exceeded revenue, resulting in a 107% operating deficit.

Mission

TO ESTABLISH AND MAINTAIN BETTERMENT AND IMPROVEMENT PROGRAMS IN THE LOCAL COMMUNITY; TO PROVIDE ASSISTANCE IN BETTERING COMMUITY FACILITIES; TO BETTER COMMUNITY SERVICES; IMPROVE THE APPEARANCE OF THE LOCAL COMMUNITY; TO ASSIST IN COMMUNITY PROJECTS; TO PROVIDE SCHOLARSHIPS FOR COMMUNITY STUDENTS; TO PROVIDE FOR COMMUNITY SCHOOL SPORTS & OTHER ACTIVITIES; TO PROVIDE ASSISTANCE WITH THE COST OF MEDICAL CARE AND OTHER CARE IN AID OF THE INDIGENT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $36,364

TOTAL REVENUE $36,364

Expense Breakdown

Grants Paid $29,578

Salaries & Benefits $0

Fundraising Expenses $45,849

Program Expenses $29,578

Other Expenses $45,849

TOTAL EXPENSES $75,427

Year-over-Year Comparison

	2020	2019	Change
Revenue	$36,364	$75,776	-0.5%
Expenses	$75,427	$72,356	+0.0%
Net Income	$-39,063	$3,420	-12.4%

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
MARY JANE BALLARD	SECRETARY	N/A	Officer Director	$0	$0	$0
JOANN CARROLL	DIRECTOR	N/A	Director	$0	$0	$0
STANFORD DANIELS	DIRECTOR	N/A	Director	$0	$0	$0
CAROL FOSS	PRESIDENT	N/A	Officer Director	$0	$0	$0
TERRY SMALLWOOD	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
NICHOLE SYLVEST	TREASURER	N/A	Officer Director	$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
2020	$36,364	$75,427	No data	$-39,063
2019	$75,776	$72,356	$38,156	$3,420
2018	$62,719	$52,861	$34,736	$9,858

BETTERMENT ASSOCIATION OF THE EVERGLADES AREA INC