Fwa Corporation
Nonprofit profile at a glance
- EIN
- 823674054
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Jupiter, FL, USA
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $39,878
- Expenses
- $59,066
- Assets
- $155,359
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- MARTHA PENTON (PRESIDENT AND BOARD MEMBER)
People named in this filing
- MICHAEL BELSKI (CHAIRMAN)
- MARTHA PENTON (PRESIDENT AND BOARD MEMBER)
- TYSON MUNSON (SECRETARY AND BOARD MEMBER)
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
The mission of the Florida wireless association is to cultivate relationships within the wireless industry and create a unified voice that supports the development of quality wireless networks the enhancement of the communities we serve and a spirit of charitable giving.
What it reported doing in 2024
The largest program services are one or more meetings conducted in conjunction with or without an annual gasparilla event and an annual golf event resulting in one or more substantial donations to one or more organizations.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -48.1%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 2.63; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -16.2% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 4 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.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 13/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.