FLORIDA TRUCKERS INSTITUTES INC

EIN: 880724755 501(c)(3) Education

NEW PORT RICHEY, FL

Total Revenue
$817,856
Total Expenses
$849,051
Total Assets
$51,096
Net Assets
$12,836
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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
2022
Legal Domicile
FL
Principal Officer
EDWARD TORDESILLAS
Phone
8138533211
Tax Period
2024-01-01 to 2024-12-31

FLORIDA TRUCKERS INSTITUTES INC, founded in 2022, is a small nonprofit in the Education sector that reported $818K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum.

Mission

To help develop a pipeline of new talent for workforce shortages in the trucking industry.

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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 $2,710
Program Service Revenue $798,737
Investment Income $6,410
Other Revenue $9,999
TOTAL REVENUE $817,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $360,715
Fundraising Expenses $0
Program Expenses $842,675
Other Expenses $488,336
TOTAL EXPENSES $849,051

Year-over-Year Comparison

2024 2023 Change
Revenue $817,856 $560,411 +0.5%
Expenses $849,051 $736,310 +0.2%
Net Income $-31,195 $-175,899 -0.8%
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
3
Independent Members
1
Employees
6
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
3
$239,035
Total Directors
1
$129,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD TORDESILLAS PRESIDENT 40.00
Officer Director
$129,950 $0 $129,950
ALICIA BERRIOS TREASURER 40.00
Officer
$20,200 $0 $20,200
CLAIR DIAZ SECRETARY 40.00
Officer
$88,885 $0 $88,885
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 $817,856 $849,051 $51,096 $-31,195
2023 $560,411 $736,310 $118,040 $-175,899
2022 $225,777 $6,298 $219,547 $219,479
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