P โ€” Human ServicesEIN: 264155794ยท Ruling Year: 2010

Florida Independence Training & Education Center Inc

Ft Lauderdale, Florida

B-Health Score
47B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$5.0M
Total Revenue
๐Ÿ“Š
$5.2M
Total Expenses
๐Ÿฆ
$431K
Net Assets
๐Ÿ“‹
$1.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-3.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.08
Net assets divided by total expenses
Liabilities-to-Assets
77.5%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$4,996,946โ†‘16%$5,172,249โ†‘30%$1,917,654โ†‘3%
2022$4,314,183โ†‘55%$3,974,615โ†‘49%$1,853,358โ†‘107%
2021$2,790,852โ†‘24%$2,668,651โ†‘17%$895,332โ†“4%
2020$2,256,842โ†‘35%$2,287,359โ†‘26%$930,384โ†‘20%
2019$1,666,171โ†‘21%$1,811,276โ†‘71%$777,420โ†“1%
2018$1,371,962โ†‘89%$1,059,681โ†‘29%$787,539โ†‘66%
2017$725,601โ†‘11%$818,752โ†‘38%$473,127โ†“15%
2016$653,314โ†‘29%$594,369โ†‘23%$555,736โ†‘11%
2015$507,930โ†“2%$485,085โ†‘16%$500,248โ†‘5%
2014$516,644โ†“29%$418,924โ†‘13%$477,537โ†‘27%
2013$729,970$369,686$376,914

Frequently Asked Questions

What does Florida Independence Training & Education Center Inc do?โ–ผ

Florida Independence Training & Education Center Inc is a human services nonprofit organization based in Florida. It is classified under NTEE code P32 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Florida Independence Training & Education Center Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Florida Independence Training & Education Center Inc has a score of 47/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Florida Independence Training & Education Center Inc generate?โ–ผ

Florida Independence Training & Education Center Inc reports $7.2M in annual revenue and holds $4.2M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Florida.

Florida Independence Training & Education Center Inc โ€” Ft Lauderdale, FL | GiveScope