FPL HISTORICAL MUSEUM INC (EIN 650595015) - 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

1995

Legal Domicile

Phone

5616917601

Tax Period

2024-01-01 to 2024-12-31

FPL HISTORICAL MUSEUM INC, founded in 1995, is a small nonprofit that reported $209K in total revenue in fiscal year 2024. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

Preservation collection of historical artifacts relating to the electric industry NextEra Energy and Florida Power & Light Company.

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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 $209,143

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,143

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $208,240

Other Expenses $208,240

TOTAL EXPENSES $208,240

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,143	$368,834	-0.4%
Expenses	$208,240	$371,089	-0.4%
Net Income	$903	$-2,255	-1.4%

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
Christopher Chapel	Director and President	1.00	Officer Director	$0	$0	$0
James May	Director Vice President and Assistant Treasurer	1.00	Officer Director	$0	$0	$0
Keith Ferguson	Director and Treasurer	1.00	Officer Director	$0	$0	$0
Debra Larsson	Vice President	1.00	Officer	$0	$0	$0
Megan Kiernan	Vice President	1.00	Officer	$0	$0	$0
Pamela M Rauch	Vice President	1.00	Officer	$0	$0	$0
Richard P Clark	Vice President	1.00	Officer	$0	$0	$0
David Flechner	Secretary	1.00	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	$209,143	$208,240	$105,952	$903
2023	$368,834	$371,089	$105,049	$-2,255
2022	$243,416	$276,502	$107,304	$-33,086
2021	$242,250	$281,903	$140,390	$-39,653
2020	$208,500	$244,365	$180,042	$-35,865

FPL HISTORICAL MUSEUM INC