FLORIDA COMMUNITY LOAN FUND INC (EIN 650545058) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

IGNACIO ESTEBAN

Phone

4072460846

Tax Period

2022-07-01 to 2023-06-30

FLORIDA COMMUNITY LOAN FUND INC, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $15.2M in total revenue in fiscal year 2022. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.1M, a strong 47% operating margin.

Mission

TO PROVIDE LOANS AND TECHNICAL ASSISTANCE TO NONPROFIT ORMISSION-FOCUSED FOR-PROFIT ORGANIZATIONS TO DEVELOP AFFORDABLE HOUSING,SUPPORTIVE HOUSING (WHICH INCLUDES SOCIAL SERVICES FOR RESIDENTS),COMMUNITY FACILITIES, AND ECONOMIC DEVELOPMENT PROJECTS THAT HAVE ADIRECT AND MEASURABLE IMPACT TO LOW INCOME PERSONS THROUGHOUT THE STATEOF FLORIDA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $7,698,288

Program Service Revenue $6,976,936

Investment Income $510,583

Other Revenue $0

TOTAL REVENUE $15,185,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,852,490

Fundraising Expenses $327,021

Program Expenses $6,828,751

Other Expenses $5,254,507

TOTAL EXPENSES $8,106,997

Year-over-Year Comparison

	2022	2021	Change
Revenue	$15,185,807	$9,380,993	+0.6%
Expenses	$8,106,997	$5,352,341	+0.5%
Net Income	$7,078,810	$4,028,652	+0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$889,118

Total Directors

Key Employees

$215,245

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IGNACIO ESTEBAN	CHIEF EXECUTIVE OFFICER	40.00	Officer	$309,422	$26,542	$335,964
NELSON BLACK	CHIEF LENDING OFFICER	40.00	Officer	$258,604	$19,600	$278,204
TAMMY THOMAS	CHIEF FINANCIAL OFFICER	40.00	Officer	$257,030	$17,920	$274,950
JOY BEATON	DIR OF GOV'T RELATIONS	40.00	Key Emp	$197,145	$18,100	$215,245
JAMES WALKER	COMM DEV LOAN OFFICER	40.00	Highest	$150,747	$20,403	$171,150
JANET DEGUEHERY	COMM & MKG MGR	40.00	Highest	$132,040	$19,600	$151,640
JENNIFER RAINEY	LOAN PORTFOLIO MANAGER	40.00	Highest	$129,399	$20,248	$149,647
DWAYNE RANKIN	COMM DEV LOAN OFFICER	40.00	Highest	$117,486	$20,020	$137,506
RANDALL SIMMONS	CONTROLLER	40.00	Highest	$117,879	$19,600	$137,479
CLAIRE RALEY	CHAIR	2.00	Officer Director	$0	$0	$0
MARILYN DRAYTON	VICE-CHAIR (UNTIL 2/23)	1.50	Officer Director	$0	$0	$0
GERMAINE SMITH-BAUGH	2ND VICE CHAIR	1.50	Officer Director	$0	$0	$0
JUDITH RIMBEY	TREASURER, BOARD MEMBER	2.00	Officer Director	$0	$0	$0
VICTOR RIVERA	SECRETARY	1.50	Officer Director	$0	$0	$0
ANA CASTILLA	BOARD MEMBER	0.50	Director	$0	$0	$0
ANNIE NEASMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID R PUNZAK	BOARD MEMBER	0.50	Director	$0	$0	$0
ERNEST CONEY	BOARD MEMBER	0.50	Director	$0	$0	$0
JACK HUMBURG	BOARD MEMBER	1.50	Director	$0	$0	$0
JOHN TALMADGE	BOARD MEMBER	0.50	Director	$0	$0	$0
TINA BROWN	BOARD MEMBER	1.50	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$15,185,807	$8,106,997	$147,904,543	$7,078,810
2022	$9,380,993	$5,352,341	$127,872,101	$4,028,652
2021	$7,672,092	$4,924,352	$108,210,727	$2,747,740
2020	$9,464,773	$5,949,648	$98,278,953	$3,515,125
2019	$9,941,054	$4,854,350	$87,502,239	$5,086,704
2018	$6,791,504	$4,199,283	$71,385,549	$2,592,221

FLORIDA COMMUNITY LOAN FUND INC