NATIONAL COMMUNITY RENAISSANCE OF FLORIDA INC (EIN 850527840) - 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

2020

Legal Domicile

Principal Officer

SONNY KIM

Phone

9094832444

Tax Period

2024-01-01 to 2024-12-31

NATIONAL COMMUNITY RENAISSANCE OF FLORIDA INC, founded in 2020, is a micro nonprofit in the Housing & Shelter sector that reported $15K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 7472% operating deficit.

Mission

TO OWN AND OPERATE HIGH QUALITY AFFORDABLE RENTAL HOUSING IN THE STATE OF FLORIDA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $15,125

Other Revenue $0

TOTAL REVENUE $15,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $895,616

Fundraising Expenses $0

Program Expenses $848,922

Other Expenses $249,712

TOTAL EXPENSES $1,145,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,125	$20,588	-0.3%
Expenses	$1,145,328	$726,203	+0.6%
Net Income	$-1,130,203	$-705,615	+0.6%

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

$1,118,801

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY BURUM	CHAIRMAN OF THE BOARD	1.00	Director	$0	$0	$0
RAYMOND CREBS	BOARD MEMBER	1.00	Director	$0	$0	$0
ARMANDO BUCELO	BOARD MEMBER	1.00	Director	$0	$0	$0
GAVIN CLINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN MOLLOHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA RODRIGUEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MINNIE SANTILLAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAWRENCE VAN NOY	BOARD MEMBER	1.00	Director	$0	$0	$0
NORA MENDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT DIAZ	EXECUTIVE VP, SECRETARY, GEN COUNCEL	0.76	Officer	$0	$13,750	$350,188
MICHAEL FINN	CHIEF FINANCIAL OFFICER	0.92	Officer	$0	$13,750	$259,394
MICHAEL RUANE	PRESIDENT	0.92	Officer	$0	$13,750	$266,942
DORETTA BRYAN	ASSISTANT SECRETARY	1.64	Officer	$0	$12,153	$155,556
DEVIN WRIGHT	ASSISTANT SECRETARY	2.12	Officer	$0	$0	$86,721

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	$15,125	$1,145,328	$3,675,004	$-1,130,203
2023	$20,588	$726,203	$2,575,299	$-705,615
2022	$101,574	$8,109	$1,097,163	$93,465
2021	$1,000,009	No data	$1,000,009	No data

NATIONAL COMMUNITY RENAISSANCE OF FLORIDA INC