Florida Consumer Action Network Inc
Nonprofit profile at a glance
- EIN
- 592475292
- IRS 990-EZ coverage
- 2019–2022
- Forms available
- Form 990 2018, Form 990-EZ 2022
- Location
- St Petersburg, FL, USA
- Phone
- 7273272400
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $19,358
- Expenses
- $84,991
- Assets
- $26,517
- Liabilities
- $220,312
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Tom Walker (President)
- Wes Jones (Vice President)
- Susan McGrath (Executive Director)
People named in this filing
- Tom Walker (President)
- Mark Ferrulo (Secretary Treasurer)
- Wes Jones (Vice 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 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Florida Consumer Action Network is a grassroots organization which empowers citizens to influence public policy by organizing and educating in areas where consumer voices are underrepresented. Community Organizing: Outreach to grassroots organizations and activists; coalition and membership meetings, leadership development, training, and research to support the Board's projects; maintenance of relationships with statewide media; contact with government bodies on FCAN issues. FCAN maintains ongoing communications with many allied organizations. Public Outreach: FCAN communicates with members in many ways including email alerts, web site, blog, Facebook page, and Twitter feed. FCAN mails updates to donors. FCAN does extensive media work to educate the public on consumer and environmental issues including press releases, media briefings, editorial board meetings, letters to the editor, and op eds.
What it reported doing in 2022
Community Organizing and Membership Development: Outreach to grassroots organizations; coalition meetings, town halls, other meetings; leadership development, training, and research to support FCAN projects; maintenance of relationships with statewide media; contact with government bodies on FCAN issues. FCAN maintains ongoing communications with allied organizations. Issue work includes solar power, expansion of the health insurance coverage, tax reforms, and transportation issues. Our Community Organizing includes work on the issues mentions as well as membership development efforts such as canvassing ontacts with members and the public.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 77.3%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -339%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 8.31; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 94.8%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: -1% per year; rating input score 0; 50th percentile among comparable filings
- Revenue growth: -10.4% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: 9.4% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 77.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $66K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2019 to 2022
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 5 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.