Northwest Florida Apartment Association Inc
Nonprofit profile at a glance
- EIN
- 550817956
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2011
- Location
- Pensacola, FL, USA
- Phone
- 8504291205
- Rating
- 96
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Business and Industry
Reported finances
- Revenue
- $154,452
- Expenses
- $152,833
- Assets
- $71,863
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Case Downs (Past President)
- Christina Rightley (President)
- Jason Nichols (Vice President)
People named in this filing
- Case Downs (Past President)
- Christina Rightley (President)
- David Radka (Treasurer)
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
Educate and improve quality in the apartment industry
What it reported doing in 2024
Meetings, seminars and trade shows allowed education and the exchange of information relevant to the apartment industry. Fair housing, safety, innovation, quality, and uniformity within the industry were addressed
Operating model
- Revenue model
- Membership-supported. 76% of the money available for current operations came from membership dues.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99%; rating input score 99
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 1%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 9.8% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 99% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $153K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 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 — Sustainability: Operating margin scored 37/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.