Financial Planning Association of Central Florida Inc
Nonprofit profile at a glance
- EIN
- 593629672
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Longwood, FL, USA
- Phone
- 4078149905
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $118,737
- Expenses
- $104,679
- Assets
- $141,454
- Liabilities
- $979
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- KEVIN SMITH (PRESIDENT)
- BRAD BRESCIA (PRESIDENT EL)
People named in this filing
- SYLVIA PRESLEY (TREASURER)
- JESSICA HALL (CHAIRMAN)
- KEVIN SMITH (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide learning opportunities in areas of financial education to membership so that the members may provide greater services to their clients, students of financial planning and the public at large.
What it reported doing in 2024
Education seminars and workshops for members and students.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 46
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.6%; rating input score 44
- Program expense ratio: 50%; rating input score 50
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.8%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.35; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 38.6% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 0.1% per year; rating input score 100; 22nd percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 43.6% of revenue deployed · 50% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Review — Financial Efficiency: Program expense ratio scored 50/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.