CORAL GABLES, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FLORIDA ACHIEVEMENT SUPPORT TRUST, founded in 2022, is a community nonprofit in the Youth Development sector that reported $7.3M in total revenue in fiscal year 2023. Revenue surged 139% from the prior year, signaling strong growth momentum. Expenses of $8.2M exceeded revenue, resulting in a 13% operating deficit.
THE APPLICANT IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, TESTING FOR PUBLIC SAFETY, LITERARY, OR EDUCATIONAL PURPOSES, OR TO FOSTER NATIONAL OR INTERNATIONAL AMATEUR SPORTS COMPETITION (BUT ONLY IF NO PART OF ITS ACTIVITIES INVOLVE THE PROVISION OF ATHLETIC FACILITIES OR EQUIPMENT), OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS, ALL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE APPLICANT'S PRIMARY CHARITABLE ACTIVITY WILL INVOLVE PROVIDING THE SERVICES OF ITS EMPLOYEES IN VARIOUS CAPACITIES (INCLUDING FOR EXAMPLE THAT OF MENTORS, STAFF, AND/OR VOLUNTEERS) TO ANY ONE OR MORE EXEMPT ORGANIZATIONS IN AND AROUND THE GAINESVILLE, FLORIDA AREA TO SUPPORT THE CHARITABLE PURPOSES AND ACTIVITIES OF THOSE ORGANIZATIONS. THE APPLICANT'S EMPLOYEES WILL RECEIVE COMPENSATION FOR PROVIDING SUCH SERVICES. IN ADDITION, THE APPLICANT INTENDS TO PROVIDE EDUCATIONAL ACTIVITIES AND PROGRAMS THAT PROMOTE THE FINANCIAL LITERACY OF STUDENTS IN THE GAINESVILLE, FLORIDA AREA (INCLUDING ITS EMPLOYEES), LIKELY IN THE FORM OF A WORKSHOP.
FLORIDA ACHIEVEMENT SUPPORT TRUST BEGAN OPERATIONS IN THE SUMMER OF 2022. IN 2023, FLORIDA ACHIEVEMENT SUPPORT TRUST WORKED WITH AND PROMOTED 16 DIFFERENT CHARITABLE ORGANIZATIONS THROUGH OVER 2,000...
FLORIDA ACHIEVEMENT SUPPORT TRUST BEGAN OPERATIONS IN THE SUMMER OF 2022. IN 2023, FLORIDA ACHIEVEMENT SUPPORT TRUST WORKED WITH AND PROMOTED 16 DIFFERENT CHARITABLE ORGANIZATIONS THROUGH OVER 2,000 HOURS OF SERVICE WORK AND THOUSANDS OF SOCIAL MEDIA POSTS. FLORIDA ACHIEVEMENT SUPPORT TRUST ALSO HELD MULTIPLE FINANCIAL LITERACY MEETINGS FOR 160+ PARTICIPANTS. OUR ORGANIZATION IS PROUD TO MAKE SUCH A SIGNIFICANT IMPACT ON THE COMMUNITY. WE ARE RAISING AWARENESS OF THE IMPACTFUL WORK THAT OUR PARTNERS ARE DOING IN THE COMMUNITY AND MAKING A DIFFERENCE IN THE LIVES OF PEOPLE VIA FINANCIAL EDUCATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,253,935 | $3,031,405 | +1.4% |
| Expenses | $8,227,470 | $598,603 | +12.7% |
| Net Income | $-973,535 | $2,432,802 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSE A COSTA III | CHAIRMAN & TRUSTEE | 10.00 |
Director
|
$0 | $0 | $0 |
| CARLOS MARTELL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER BOYETT | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| FELIPE TORRES DE NAVARRA | CFO | 10.00 |
Officer
|
$0 | $0 | $0 |
| NATHANIEL BARBERA | CEO | 40.00 |
Officer
|
$300,000 | $0 | $300,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $7,253,935 | $8,227,470 | $1,571,225 | $-973,535 |
| 2022 | $3,031,405 | $598,603 | $2,447,802 | $2,432,802 |
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