RESTORATION ASSOCIATION OF FLORIDA

EIN: 812318402

ALTAMONTE SPRINGS, FL

Total Revenue
$57,205
Total Expenses
$80,882
Total Assets
$6,094
Net Assets
$-8,906
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Principal Officer
RICHIE KIDWELL
Phone
4077017530
Tax Period
2023-01-01 to 2023-12-31

RESTORATION ASSOCIATION OF FLORIDA, founded in 2016, is a micro nonprofit that reported $57K in total revenue in fiscal year 2023. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $81K exceeded revenue, resulting in a 41% operating deficit.

Mission

ADVOCACY: RAF SERVES AS THE PRIMARY ADVOCACY ORGANIZATION FOR WATER, MOLD, AND FIRE REMEDIATION COMPANIES. OUR ADVOCACY EFFORTS INCLUDING LOBBYING THE FLORIDA LEGISLATURE AND EXECUTIVE BRANCH AGENCIES TO PROTECT OUR BUSINESSES AS WELL AS THE CUSTOMERS WE SERVE. WE ARE INDEPENDENT SMALL BUSINESSES WITH EMPLOYEES, AND IT IS IMPORTANT THAT WE ARE ABLE TO ADVOCATE ON OUR OWN BEHALF. THE ACTIVITY IS YEAR-ROUND AND THE ACTIVITY IS CONDUCTED BY OUR IN-HOUSE STAFF, CONTRACTED STAFF, AND OUR ASSOCIATION MEMBERS. EDUCATION: RAF ALSO SERVES AS A SOURCE OF EDUCATION, BEST PRACTICES, AND OFFERS ADVICE AND CONSULTATION WITH RESTORATION COMPANIES THROUGHOUT THE STATE. THE ACTIVITY IS YEAR ROUND AND IS CONDUCTED BY OUR IN-HOUSE STAFF, CONTRACTED STAFF, AND OUR ASSOCIATION MEMBERS. NETWORKING: RAF OFFERS NETWORKING OPPORTUNITIES THROUGHOUT THE YEAR TO BRING INDUSTRY PROFESSIONAL TOGETHER TO INCREASE KNOWLEDGE, MAKE CONNECTIONS AND IMPROVE BUSINESS. THE ACTIVITY IS YEAR ROUND AND IS CONDUCTED BY OUR IN-

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $57,205
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $57,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $80,882
TOTAL EXPENSES $80,882

Year-over-Year Comparison

2023 2022 Change
Revenue $57,205 $206,293 -0.7%
Expenses $80,882 $205,772 -0.6%
Net Income $-23,677 $521 -46.4%
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

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Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHIE KIDWELL PRESIDENT 10.00
Officer Director
$0 $0 $0
MARLON MEJIA BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC GONZALEZ BOARD MEMBER 4.00
Director
$0 $0 $0
MILLIE VARELA BOARD MEMBER 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
2024 No data No data No data No data
2023 $57,205 $80,882 $6,094 $-23,677
2021 $248,210 $239,944 $14,250 $8,266
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