Miami, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MAGNET EDUCATIONAL CHOICE ASSOCIATION INC, founded in 1991, is a small nonprofit in the Education sector that reported $377K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring.
IMPLEMENTATION OF SPECIALIZED PROGRAMS FOR SCHOOLS.
Various Miami-Dade County Magnet School Programs including the Academy of Hospitality and Tourism, Future Business Leaders of America (FBLA), Academy of Finance, Theatre Arts, Musical Arts (Rock...
Various Miami-Dade County Magnet School Programs including the Academy of Hospitality and Tourism, Future Business Leaders of America (FBLA), Academy of Finance, Theatre Arts, Musical Arts (Rock Program), and the Distributive Education (DECA) Programs. The Academy of Hospitality and Tourism opens career opportunities in the tourism field; provides a solid college preparation education in the traditional academic subjects. The Academy partners with the National Academy Foundation (NAF) to provide the Senior High School programs with resources as well as opportunities for summer employment.Various Other ProgramsThere are numerous other programs that support the Association's purpose of providing educational resources and advanced programs to the Magnet School Program in Miami-Dade County, Florida, and obtaining private sector involvement to provide funds for education.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $376,626 | $494,590 | -0.2% |
| Expenses | $377,400 | $454,753 | -0.2% |
| Net Income | $-774 | $39,837 | -1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JUDITH STEIN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ELBE BURKE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JESSIANN M SANCHEZ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| VALDA MCKINNEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| NATOIA MCGARRELL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BERT SILVESTRE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE LEGER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN MUNOZ | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BENTON LAUNERTS | CHAIR / PRESIDENT (thru Jan 31, 2025) | 2.00 |
Officer
|
$0 | $0 | $0 |
| LUIS SANCHEZ | CHAIR / PRESIDENT (from Feb 1, 2025) | 2.00 |
Officer
|
$0 | $0 | $0 |
| DEBRA A SIMMONS | CHIEF EXECUTIVE OFFICER (thru Jan 31, 2025) | 8.00 |
Officer
|
$27,540 | $0 | $27,540 |
| ROBERT QUINN | CHIEF EXECUTIVE OFFICER (from Feb 1, 2025) | 8.00 |
Officer
|
$17,620 | $0 | $17,620 |
| SARAH TUSKEY | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| DIANA MORALES | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $376,626 | $377,400 | $351,525 | $-774 |
| 2024 | No data | No data | No data | No data |
| 2023 | $348,303 | $415,185 | $294,087 | $-66,882 |
| 2022 | $345,084 | $354,182 | $368,718 | $-9,098 |
| 2021 | $156,435 | $213,007 | $359,682 | $-56,572 |
| 2019 | $524,808 | $537,141 | $358,100 | $-12,333 |
| 2018 | $490,222 | $667,328 | $359,874 | $-177,106 |
Compare MAGNET EDUCATIONAL CHOICE ASSOCIATION INC with other nonprofits in Florida and across the country.