ISLAMORADA, FL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ICARE CORPORATION, founded in 2021, is a small nonprofit in the Environment sector that reported $958K in total revenue in fiscal year 2025. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 21% operating margin.
ISLAMORADA'S CONSERVATION AND RESTORATION EDUCATION (ICARE) IS DEDICATED TO INCORPORATING EFFORTS OF LOCAL BUSINESSS, RESIDENTS AND VISITORS IN RESTORING AND MAINTAINING CORAL REEF COMMUNITIES IN ISLAMORADA, FLORIDA. OUR MISSION IS TO INCREASE COMMUNITY INVOLVEMENT IN REEF CONSERVATION THROUGH CITIZEN SCIENCE AND EDUCATION, CORAL TRANSPLANTATION AND CONTINUED MONITORING OF CORALS, REEF FISHES, AND INVERTEBRATES. OUR GOALS FOR THE REEF ARE TO COLLECT DATA ON THE FACTORS IMPACTING CORAL TRANSPLANT SURVIVAL, INCREASE CORAL COVER FROM 3-5% TO 10% OVER THE NEXT THREE YEARS, AND HELP RESTORE ECOLOGICAL PROCESSES TO THESE REEF COMMUNITIES, WHILE INCREASING EDUCATIONAL OUTREACH OPPORTUNITIES FOR MEMBERS OF THE RECREATIONAL DIVING COMMUNITY.
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%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $958,432 | $672,338 | +0.4% |
| Expenses | $759,371 | $503,440 | +0.5% |
| Net Income | $199,061 | $168,898 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL GOLDBERG | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| KYLIE SMITH | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| SHELLY LAUGHLIN | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| KURT TIDD | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| SARA STANCZYK | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| ANDREW MITCHELL | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| SARAH DAVIS-ARNOLD | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| KRISSY CARNAHAN | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $958,432 | $759,371 | $611,122 | $199,061 |
| 2024 | $672,338 | $503,440 | $372,500 | $168,898 |
| 2023 | $334,128 | $366,857 | $215,971 | $-32,729 |
| 2022 | $327,733 | $266,779 | $241,498 | $60,954 |
| 2021 | $268,830 | $99,524 | $169,306 | $169,306 |
Compare ICARE CORPORATION with other nonprofits in Florida and across the country.