EDUCATION INSTITUTE OF TAMPA FAMILY INC

EIN: 873497586 501(c)(3) Education

TAMPA, FL

Total Revenue
$145,176
Total Expenses
$1,076,986
Total Assets
$6,446,023
Net Assets
$-1,716,266
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
FL
Phone
8133975300
Tax Period
2024-04-01 to 2025-03-31

EDUCATION INSTITUTE OF TAMPA FAMILY INC, founded in 2022, is a small nonprofit in the Education sector that reported $145K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 642% operating deficit.

Mission

TO FOSTER CAREER DEVELOPMENT AND SUCCESS THAT EMPOWERS EACH STUDENT TO EXCEL IN A DIVERSE AND TECHNICALLY ADVANCED WORKPLACE.

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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 $20,000
Program Service Revenue $125,176
Investment Income $0
Other Revenue $0
TOTAL REVENUE $145,176

Expense Breakdown

Grants Paid $0
Salaries & Benefits $390,060
Fundraising Expenses $0
Program Expenses $839,739
Other Expenses $686,926
TOTAL EXPENSES $1,076,986

Year-over-Year Comparison

2024 2023 Change
Revenue $145,176 $418,977 -0.7%
Expenses $1,076,986 $836,417 +0.3%
Net Income $-931,810 $-417,440 +1.2%
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
11
Independent Members
11
Employees
N/A
Volunteers
12

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
6
$1,222,227
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFONSA JAMES TREASURER 1.0
Officer Director
$0 $0 $0
LUCILA STEWART VICE CHAIR 1.0
Officer Director
$0 $0 $0
RODNEY WHITE CHAIR 1.0
Officer Director
$0 $0 $0
SOPHIA ROMEUS SECRETARY 1.0
Officer Director
$0 $0 $0
BRIAN DOSTER DIRECTOR 1.0
Director
$0 $0 $0
CHERYL HOWELL DIRECTOR 1.0
Director
$0 $0 $0
DAMARIS VIEIRA DIRECTOR 1.0
Director
$0 $0 $0
EVELYN RUIZ DIRECTOR BEG 02/25 1.0
Director
$0 $0 $0
MARGIE BOYER DIRECTOR END 01/25 1.0
Director
$0 $0 $0
PHIL SHAW DIRECTOR 1.0
Director
$0 $0 $0
STEPHANIE LOSURDO DIRECTOR 1.0
Director
$0 $0 $0
STEVE HITCHCOCK DIRECTOR BEG 08/24 1.0
Director
$0 $0 $0
BEN GLISAN CHIEF FINANCIAL OFFICER 1.0
Officer
$0 $25,345 $311,394
SHERRY HOBACK CHIEF EXECUTIVE OFFICER 1.0
Officer
$0 $44,786 $910,833
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 $145,176 $1,076,986 $6,446,023 $-931,810
2024 $418,977 $836,417 $6,953,189 $-417,440
2023 $17,472 $238,171 $7,808,875 $-220,699
2022 $34,944 $181,261 $7,066,370 $-146,317
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