FLORIDA BASS FEDERATION INC

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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

JAMES TAYLOR

Phone

7279924676

Tax Period

2019-11-01 to 2020-10-31

FLORIDA BASS FEDERATION INC, founded in 1999, is a micro nonprofit that reported $14K in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year. Expenses of $15K exceeded revenue, resulting in a 11% operating deficit.

Mission

Foster promote amateur sport fresh water bass fishing.

Program Service Accomplishments

Program 1

Expenses: $14,648 Revenue: $13,605

FLORIDA BASS FEDERATION FOSTERS AND PROMOTES FRESH WATER BASS FISHING THROUGH RECREATIONAL, TOURNAMENT AND EDUCATIONAL ACTIVITIES. FISHING TOURNAMENT ENTRY FEES AND TOURNAMENT SPONSORSHIP ARE...

FLORIDA BASS FEDERATION FOSTERS AND PROMOTES FRESH WATER BASS FISHING THROUGH RECREATIONAL, TOURNAMENT AND EDUCATIONAL ACTIVITIES. FISHING TOURNAMENT ENTRY FEES AND TOURNAMENT SPONSORSHIP ARE NECESSARY TO PROMOTE FRESH WATER FISHING AND CONSERVATION OF FRESH WATER FISH HABITATS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $13,605

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $13,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,648

Other Expenses $15,068

TOTAL EXPENSES $15,068

Year-over-Year Comparison

	2019	2018	Change
Revenue	$13,605	$16,425	-0.2%
Expenses	$15,068	$16,480	-0.1%
Net Income	$-1,463	$-55	+25.6%

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
BILLIE JO PARKER	TOURNAMENT DIRECTOR	002.00	Director	$0	$0	$0
RICK JACKSON	YOUTH DIRECTOR	002.00	Director	$0	$0	$0
AJ WILLEQUER	CONSERVATION DIRECTOR	002.00	Director	$0	$0	$0
ED FRY	NO. REGION DIRECTOR	002.00	Director	$0	$0	$0
AJ WILLEQUER	CENTRAL REGION DIRECTOR	002.00	Director	$0	$0	$0
DAVID TRIPP	SO. REGIONAL DIRECTOR	002.00	Director	$0	$0	$0
ROBERT MILLER	SO. REGION DIRECTOR	002.00	Director	$0	$0	$0
JAMES TAYLOR	PRESIDENT	002.00	Officer	$0	$0	$0
MIKE SLOAN	VICE PRESIDENT	002.00	Officer	$0	$0	$0
KENNY PAGANO	COMPTROLLER	002.00	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
2020	$13,605	$15,068	$80	$-1,463
2019	$16,425	$16,480	$1,543	$-55
2018	$26,535	$29,992	$1,598	$-3,457