SELECTFLORIDA INC

EIN: 931995847 501(c)(3) Youth Development

CORAL GABLES, FL

Total Revenue
$14,154,480
Total Expenses
$3,852,929
Total Assets
$11,502,175
Net Assets
$10,301,551
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
FL
Principal Officer
MATT SWANSON
Phone
3054159076
Tax Period
2023-07-01 to 2024-06-30

SELECTFLORIDA INC, founded in 2023, is a mid-sized nonprofit in the Youth Development sector that reported $14.2M in total revenue in fiscal year 2023. The organization ran a surplus of $10.3M, a strong 73% operating margin.

Mission

SELECTFLORIDA IS THE STATE OF FLORIDA'S OFFICIAL INTERNATIONAL COMMERCE ORGANIZATION AND SUPPORTS BUSINESS AND ECONOMIC GROWTH THROUGH TRADE AND EXPORT DEVELOPMENT, INTERNATIONAL INVESTMENT, BUSINESS RECRUITMENT AND EXPANSION, AND INTERNATIONAL EVENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,545,354
Program Service Revenue $1,351,788
Investment Income $257,338
Other Revenue $0
TOTAL REVENUE $14,154,480

Expense Breakdown

Grants Paid $384,284
Salaries & Benefits $1,495,837
Fundraising Expenses $64,129
Program Expenses $3,436,260
Other Expenses $1,972,808
TOTAL EXPENSES $3,852,929

Year-over-Year Comparison

2023 2022 Change
Revenue $14,154,480 N/A N/A
Expenses $3,852,929 N/A N/A
Net Income $10,301,551 $0 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

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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
7
Independent Members
7
Employees
19
Volunteers
7

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
$28,285
Total Directors
11
$28,285
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW SWANSON TRANS. DIR/INTERIM PRES/COO (START 7/11/23) 40.00
Officer Director
$4,414 $5,897 $10,311
JOSE A VILLAMIL TRANS. DIR/PRES. (10/9/23-8/30/24) 40.00
Officer Director
$12,965 $5,009 $17,974
ADAM CALLAWAY TRANSITIONARY DIR (8/14-11/30/23) 1.00
Director
$0 $0 $0
ROBERT HARVEY TRANSITIONARY DIR (8/14-11/30/23) 1.00
Director
$0 $0 $0
GREG BRITTON CHAIRMAN (START 11/30/23) 1.00
Officer Director
$0 $0 $0
JENNIFER CONOLEY VICE CHAIR (START 11/30/23) 1.00
Officer Director
$0 $0 $0
BETH KIGEL TREASURER (START 11/30/23) 1.00
Officer Director
$0 $0 $0
MARK WILSON SECRETARY (START 11/30/23) 1.00
Officer Director
$0 $0 $0
NICK PRIMROSE DIRECTOR (START 11/30/23) 1.00
Director
$0 $0 $0
MICHAEL SIMAS DIRECTOR (START 11/30/23) 1.00
Director
$0 $0 $0
KELLY SMALLRIDGE DIRECTOR (START 11/30/23) 1.00
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 No data No data No data No data
2024 $14,154,480 $3,852,929 $11,502,175 $10,301,551
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