FLORIDIA FOR ONLINE EDUCATION INC

EIN: 853367600 501(c)(3) Education

PENSACOLA, FL

Total Revenue
$1,903,784
Total Expenses
$1,899,842
Total Assets
$383,943
Net Assets
$10,000
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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
2021
Legal Domicile
FL
Principal Officer
CINDY RIYAD
Phone
8503591545
Tax Period
2024-07-01 to 2025-06-30

FLORIDIA FOR ONLINE EDUCATION INC, founded in 2021, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024.

Mission

TO OPERATE A VIRTUAL PUBLIC CHARTER SCHOOL THAT ALLOWS STUDENTS GRADES K-12 TO RECEIVE A HIGH-QUALITY EDUCATION FROM HOME.

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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 $0
Program Service Revenue $1,556,784
Investment Income $0
Other Revenue $347,000
TOTAL REVENUE $1,903,784

Expense Breakdown

Grants Paid $0
Salaries & Benefits $916,176
Fundraising Expenses $0
Program Expenses $1,797,829
Other Expenses $983,666
TOTAL EXPENSES $1,899,842

Year-over-Year Comparison

2024 2023 Change
Revenue $1,903,784 $1,916,555 0.0%
Expenses $1,899,842 $1,916,509 0.0%
Net Income $3,942 $46 +84.7%
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
5

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR CINDY RIYAD MEMBER 1.00
Officer Director
$0 $0 $0
DEAN GOON PRESIDENT 1.00
Officer Director
$0 $0 $0
CHRISTINA SEAMSTER SECRETARY 1.00
Officer Director
$0 $0 $0
CARLA CUBEL MEMBER 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 $1,903,784 $1,899,842 $383,943 $3,942
2024 $1,916,555 $1,916,509 $293,772 $46
2023 $6,838,093 $6,838,387 $557,395 $-294
2022 $6,779,861 $6,773,555 $1,730,730 $6,306
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