FLORIDA SELF STORAGE INC C/O SELF STORAGE ASSOCIATION (EIN 650892379) - 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

1999

Legal Domicile

Principal Officer

DEREK KNIGHTS

Phone

7035758000

Tax Period

2025-01-01 to 2025-12-31

FLORIDA SELF STORAGE INC C/O SELF STORAGE ASSOCIATION, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $224K in total revenue in fiscal year 2025. Revenue fell 65% from the prior year — a significant decline worth monitoring. Net assets of $907K represent 48 months of operating reserves.

Mission

THE ASSOCIATION IS A TRADE ORGANIZATION MADE UP OF DUES-PAYING MEMBERS IN THE SELF STORAGE INDUSTRY. THE ASSOCIATION PROVIDES SUPPORT AND TECHNICAL ASSISTANCE TO ITS MEMBERS IN THE FORM OF NEWSLETTERS, TRADE SHOWS AND A TRADE PUBLICATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $181,214

Investment Income $32,912

Other Revenue $10,333

TOTAL REVENUE $224,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $220,344

TOTAL EXPENSES $220,344

Year-over-Year Comparison

	2025	2024	Change
Revenue	$224,459	$640,150	-0.6%
Expenses	$220,344	$525,190	-0.6%
Net Income	$4,115	$114,960	-1.0%

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
JOEL PATTERSON	PRESIDENT	2.00	Director	$0	$0	$0
DAVE DEEMS	PRESIDENT ELECT	2.00	Director	$0	$0	$0
JESSICA JOHNSON	PAST PRESIDENT	2.00	Director	$0	$0	$0
TRACY SELLS	TREASURER	2.00	Director	$0	$0	$0
LESLIE FUQUA	EXECUTIVE DIRECTOR	8.00	Director	$0	$0	$0
DAVE COOPER	DIRECTOR	2.00	Director	$0	$0	$0
HOLLY FIORELLO	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT KELLY	DIRECTOR	3.00	Officer Director	$0	$0	$0
SCOTT MCLAUGHLIN	DIRECTOR	2.00	Director	$0	$0	$0
MIKE MELE	DIRECTOR (P)	2.00	Director	$0	$0	$0
MARK POOLE	DIRECTOR	2.00	Director	$0	$0	$0
STEPHANIE THARPE	DIRECTOR	2.00	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	$224,459	$220,344	$1,261,894	$4,115
2024	$640,150	$525,190	$991,021	$114,960
2023	$606,768	$470,474	$1,145,625	$136,294
2022	$267,721	$154,173	$944,673	$113,548
2021	$303,022	$210,212	$708,547	$92,810
2020	$375,689	$265,667	$593,520	$110,022
2019	$263,013	$175,550	$575,055	$87,463
2018	$172,895	$132,004	$441,236	$40,891

FLORIDA SELF STORAGE INC C/O SELF STORAGE ASSOCIATION