MIAMI-DADE INNOVATION AUTHORITY INC (EIN 884268165) - 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

2022

Legal Domicile

Principal Officer

LEIGH-ANN BUCHANAN

Phone

7865511238

Tax Period

2023-01-01 to 2023-12-31

MIAMI-DADE INNOVATION AUTHORITY INC, founded in 2022, is a community nonprofit in the Science & Technology sector that reported $8.8M in total revenue in fiscal year 2023. The organization ran a surplus of $8.0M, a strong 91% operating margin.

Mission

MIAMI-DADE INNOVATION AUTHORITY BRIDGES THE GAP BETWEEN PRIVATE INNOVATORS AND THE PUBLIC SECTOR TO FAST TRACK INNOVATION THAT IMPROVES QUALITY OF LIFE FOR MIAMIANS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,806,498

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,806,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $429,032

Fundraising Expenses $62,184

Program Expenses $606,129

Other Expenses $334,046

TOTAL EXPENSES $763,078

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,806,498	N/A	N/A
Expenses	$763,078	N/A	N/A
Net Income	$8,043,420	N/A	N/A

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

Volunteers

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

$136,699

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY MARSHALL	BOARD MEMBER	0.30	Director	$0	$0	$0
BRIAN BRESLIN	BOARD CHAIR	0.30	Officer	$0	$0	$0
LEIGH-ANN BUCHANAN	BOARD MEMBER / PRESIDENT AND CEO	0.30	Officer	$136,699	$0	$136,699
MELISSA KRINZMAN	TREASURER	0.30	Officer	$0	$0	$0
RAUL MOAS	SECRETARY	0.30	Officer	$0	$0	$0
JOHN D OWENS III	BOARD MEMBER / SECRETARY	0.30	Officer	$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
2024	No data	No data	No data	No data
2023	$8,806,498	$763,078	$8,096,565	$8,043,420

MIAMI-DADE INNOVATION AUTHORITY INC