Florida Economic Consortium Inc (EIN 815028882) - 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

2017

Legal Domicile

Tax Period

2025-01-01 to 2025-12-31

Florida Economic Consortium Inc, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $744K in total revenue in fiscal year 2025. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $637K left a modest 14% surplus.

Mission

FEC focuses on financial literacy, job training, education, and access to essential services, helping families build a brighter future. Through workshops, seminars, one-on-one counseling, and partnerships with local organizations, we deliver comprehensive support tailored to meet the unique needs of every family we serve.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $744,203

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $744,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $538,403

Fundraising Expenses $0

Program Expenses $414,209

Other Expenses $98,761

TOTAL EXPENSES $637,164

Year-over-Year Comparison

	2025	2024	Change
Revenue	$744,203	$589,740	+0.3%
Expenses	$637,164	$580,111	+0.1%
Net Income	$107,039	$9,629	+10.1%

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

N/A

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

$60,465

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Roderick Love	President	40.00	Director	$60,465	$0	$60,465
Lona Ford	Vice President	1.00	Director	$0	$0	$0
Dwayne Smitty	Director	1.00	Director	$0	$0	$0
Rikiese King	Director	1.00	Director	$0	$0	$0
Richard King	Director	1.00	Director	$0	$0	$0
Patrick Barber	Director	1.00	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	$589,740	$580,111	$82,519	$9,629
2025	$744,203	$637,164	$196,724	$107,039
2023	$630,316	$668,309	$65,467	$-37,993
2021	$396,376	$307,701	$88,675	$88,675

Florida Economic Consortium Inc