FLORIDA HEALTHY ALTERNATIVES ASSOCIATION INC (EIN 873660079) - 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

2021

Legal Domicile

Principal Officer

JOSEPH D MCCORMICK

Phone

4075080340

Tax Period

2025-01-01 to 2025-12-31

FLORIDA HEALTHY ALTERNATIVES ASSOCIATION INC, founded in 2021, is a small nonprofit that reported $648K in total revenue in fiscal year 2025. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $620K left a modest 4% surplus.

Mission

THE PURPOSE OF THE FLORIDA HEALTHY ALTERNATIVES ASSOCIATION IS TO EDUCATE CONSUMERS ON AND ADVOCATE FOR HEALTHY ALTERNATIVES TO TOBACCO AND CARCINOGENS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $647,553

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $647,553

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $579,266

Other Expenses $619,798

TOTAL EXPENSES $619,798

Year-over-Year Comparison

	2025	2024	Change
Revenue	$647,553	$561,190	+0.2%
Expenses	$619,798	$684,132	-0.1%
Net Income	$27,755	$-122,942	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MCCORMICK	PRESIDENT	25.00	Officer Director	$0	$0	$0
WILLIAM E HELMICH	OFFICER	10.00	Officer Director	$0	$0	$0
MATT SCHWARMANN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ANDREW TREIEU	SECRETARY	5.00	Officer 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	$647,553	$619,798	$34,132	$27,755
2024	$561,190	$684,132	$6,377	$-122,942
2023	$909,665	$781,813	$129,319	$127,852

FLORIDA HEALTHY ALTERNATIVES ASSOCIATION INC