FLORIDA'S GREAT NORTHWEST FOUNDATION INC (EIN 824924855) - 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

2018

Legal Domicile

Principal Officer

JENNIFER CONOLEY

Phone

8507296848

Tax Period

2023-01-01 to 2023-12-31

FLORIDA'S GREAT NORTHWEST FOUNDATION INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $36K in total revenue in fiscal year 2023. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 43% operating deficit.

Mission

SUPPORT NORTHWEST FLORIDA FORWARD, A REGIONAL STRATEGIC INITIATIVE THAT WILL DRIVE ECONOMIC VITALITY AND GROWTH FOR NW FLORIDA. THE ORGANIZATION WILL PROVIDE RESEARCH, ANALYSIS, INFORMATION, AND EDUCATION OF NW FLORIDA TO BUSINESS, GOVERNMENT, AND COMMUNITY LEADERS TO SUPPORT GROWTH.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $31,041

Program Service Revenue $0

Investment Income $5,180

Other Revenue $0

TOTAL REVENUE $36,221

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,313

Other Expenses $51,926

TOTAL EXPENSES $51,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,221	$54,555	-0.3%
Expenses	$51,926	$8,805	+4.9%
Net Income	$-15,705	$45,750	-1.3%

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

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

$178,871

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER CONOLEY	PRESIDENT &	5.00	Officer	$0	$27,306	$178,871
KEVIN BOWYER	TREASURER	5.00	Director	$0	$0	$0
JOHN DANIEL	IMMEDIATE PA	5.00	Director	$0	$0	$0
RHEA GOFF	VICE CHAIR	5.00	Director	$0	$0	$0
JENNIFER GROVE	CHAIR	5.00	Director	$0	$0	$0
SCOTT SHAMBURGER	DIRECTOR	5.00	Director	$0	$0	$0
JOHN SUMRALL	DIRECTOR	5.00	Director	$0	$0	$0
EDDIE THOMPSON	SECRETARY	5.00	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	$36,221	$51,926	$1,180,676	$-15,705
2022	$54,555	$8,805	$1,069,644	$45,750
2021	$90,360	$47,911	$1,218,037	$42,449
2020	$8,538	$3,085	$1,077,102	$5,453
2019	$835,075	$1,399	$1,034,126	$833,676

FLORIDA'S GREAT NORTHWEST FOUNDATION INC