Florida Custom Brokers & Forwarders Association Inc
501(c)(6)
Only null% goes to programs Thin reserves Declining revenue
Florida Custom Brokers & Forwarders Association Inc is a 501(c)(6) organization based in Miami, Florida, registered in 1981, with $174,461 in FY2024 revenue. CharityIndex grades it D.
Po Box 522022, Miami, FL, 33152 EIN 59-2103610 Since 1981
Revenue (FY2024)
$174K
▼ 40.7% vs prior year
Expenses (FY2024)
$118K
Net assets
-$7,109
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Florida Custom Brokers & Forwarders Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Florida Custom Brokers & Forwarders Association Inc: 0 mo reserves · +32% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Florida Custom Brokers & Forwarders Association Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Florida Custom Brokers & Forwarders Association Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $428K (FY2015) to $174K (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $139KNet assets -$7,109
Operating margin
32.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$132K
Total liabilities
$139K
Net assets
-$7,109
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $174,461▼40.7% | $118,314▼63.0% | -$7,109▲93.6% | $131,529▲29.2% | 990 |
| 2021 | $294,238▼41.8% | $319,736▼35.2% | -$111,668▼168% | $101,810▼39.5% | 990 |
| 2018 | $505,225▼0.2% | $493,584▼3.4% | -$41,730▼145% | $168,161▼49.2% | 990 |
| 2017 | $506,395▼20.6% | $511,191▼11.6% | $91,808▼5.0% | $330,899▼15.0% | 990 |
| 2016 | $637,807▲48.9% | $578,061▲41.1% | $96,604▲162% | $389,128▲18.1% | 990 |
| 2015 | $428,413 | $409,768 | $36,860 | $329,481 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Florida Custom Brokers & Forwarders Association Inc a legitimate nonprofit?
- Yes. Florida Custom Brokers & Forwarders Association Inc is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 59-2103610, based in Miami, Florida.
- What is Florida Custom Brokers & Forwarders Association Inc's EIN?
- Florida Custom Brokers & Forwarders Association Inc's Employer Identification Number (EIN) is 59-2103610.
- How much revenue does Florida Custom Brokers & Forwarders Association Inc report?
- Florida Custom Brokers & Forwarders Association Inc reported $174,461 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Florida Custom Brokers & Forwarders Association Inc have?
- CharityIndex grades Florida Custom Brokers & Forwarders Association Inc D, based on financial health (reserves and operating margin).
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Data for Florida Custom Brokers & Forwarders Association Inc (EIN 59-2103610) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.