Centers For Aging and Rehabilitation of Florida Inc

EIN: 852230343 501(c)(3) Health Care

Oakland Park, FL

Total Revenue
$256,737
Total Expenses
$90,757
Total Assets
$4,620,522
Net Assets
$448,644
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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
FL
Principal Officer
Alan Brock
Phone
9543674563
Tax Period
2024-01-01 to 2024-12-31

Centers For Aging and Rehabilitation of Florida Inc, founded in 2020, is a small nonprofit in the Health Care sector that reported $257K in total revenue in fiscal year 2024. The organization ran a surplus of $166K, a strong 65% operating margin.

Mission

Skilled nursing facility to provide medical, continuous nursing, health and social services to patients.

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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 (2024)

Revenue Breakdown

Contributions & Grants $235,606
Program Service Revenue $21,131
Investment Income $0
Other Revenue $0
TOTAL REVENUE $256,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,757
Other Expenses $90,757
TOTAL EXPENSES $90,757

Year-over-Year Comparison

2024 2023 Change
Revenue $256,737 $257,654 0.0%
Expenses $90,757 $325,105 -0.7%
Net Income $165,980 $-67,451 -3.5%
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

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Governance

Voting Members
4
Independent Members
4
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George Fernandez Chairman of the Board N/A
Officer
$0 $0 $0
Brett Hoge Director N/A
Officer
$0 $0 $0
Alex Barrett Director N/A
Officer
$0 $0 $0
Robert Kelly Secretary N/A
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
2024 $256,737 $90,757 $4,620,522 $165,980
2023 $257,654 $325,105 $3,293,281 $-67,451
2022 $373,218 $111,013 $1,524,210 $262,205
2021 $16,425 $18,515 $3,730,900 $-2,090
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