Liabilities / Assets
82nd percentile
Higher debt load relative to assets than 82% of similar nonprofits.
Miami Foreign Trade Association Inc
990EZ • Fiscal year 2014 • EIN 59-2557450
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.23x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
26th percentile
Higher net margin than 26% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
6th percentile
Faster asset growth than 6% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Balance Sheet
Assets
Down$6,512
Down $5,185 (-44%) from 2013
Net Assets
Down$4,985
Down $5,376 (-52%) from 2013
Liabilities
Up$1,527
Up $191 (+14%) from 2013
Revenue And Expenses
Revenue
Up$85,315
Up $24,920 (+41%) from 2013
Expenses
Down$90,691
Down $12,174 (-12%) from 2013
Net Income
Up-$5,376
Up $37,094 (+87%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2014 to Dec 31, 2014
- Signed
- Sep 9, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $85,315
Mission and Program Overview
Mission
The florida foreign trade association (f.f.t.a.) is a non-profit tradeorganization that represents the most diverse group of individuals andcompanies in the foreign trade market. F.f.t.a. Provides a forum whereinformation and concepts are freely exchanged, as well as the opportunity to directly participate in foreign trade missions, monthlyluncheons, where community leaders and professionals address themembers and their guests on topics related to their fields. Our organization also holds workshops and seminars designated to trainbeginners or executives in export/import and other related topics.in 2001, f.f.t.a. Established a program called trade-usa that promotesamerican products and/or services as well as increases the international trade between usa and other countries through inbound trade missions.the trade-usa program engages in a series of matchmaking appointmentswith local businesses that will sell their products and services to theparticipants.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| DURING 2014 WE HAD A TOTAL OF 3 MISSION, WHICH ALL TOGETHER ADDED TO MORE THAN 800 BUSINESS APPOINTMENTS. FOUR BUSINESS EXPOS, GENERATING A GREAT PARTICIPATION OF DIFFERENT COMPANIES THROUGHOUT SOUTH FLORIDA. IN ADDITION, FFTA HAD VARIOUS QUICKBOOKS, IMPORT/EXPORT AND FAMILIARIZATION TO HAZARDOUS MATERIALS SEMINARS BROADENING OUR EDUCATIONAL PROGRAM. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RAFAEL PUGA | President | FT | $0 | - | - |
| HORACIO ROSSI | Vice President | PT | $0 | - | - |
| JOSE MATTO | Treasurer/Director | PT | $0 | - | - |
| DENNIS JORDAN | Vice President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Miami Foreign Trade Association Inc
- EIN
- 59-2557450
- Phone
- 3054710737
- Address
- 175 SW 7TH STREET NO 1716, MIAMI, FL 33130
Signing Officer
- Name
- Rafael Puga
- Title
- President
- Phone
- 7868375962
- Signed
- 2015-09-09
Preparer
- Firm
- Travieso & Alvarez Tax Financial Service
- Address
- 175 SW 7TH STREET 1716, MIAMI, FL 33130
- Preparer
- Jeanette Travieso CPA
- Phone
- 7862207635
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 14
“Description: depreciation. Amount: 107. Description: other expenses. Amount: 1,885. Total to form 990-ez, line 14: 1,992.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: bank service charges. Amount: 2,485. Description: telecommunications. Amount: 2,980. Description: conferences, conventions, trainings and meetings. Amount: 3,618. Description: insurance. Amount: 1,414. Description: office expense. Amount: 3,044. Description: taxes - payroll. Amount: 2,914. Description: merchant fees. Amount: 2,230. Description: office supplies. Amount: 1,721. Description: auomobile expense. Amount: 388. Description: awards. Amount: 3,282. Description: taxes and licenses. Amount: 343. Description: supplies. Amount: 2,810. Total to form 990-ez, line 16: 27,229.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: accounts receivable. Beg. Of year amount: 344. End of year amount: 3,000. Description: other depreciable assets. Beg. Of year amount: 160. End of year amount: 53.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payroll tax liability. Beg. Of year amount: 398. End of year amount: 187. Description: accounts payable. Beg. Of year amount: 938. End of year amount: 1,340.”
Raw XML Appendix117 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AddressChangeInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | RAFAEL PUGA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3054710737 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2305 NW 107TH AVENUE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MIAMI |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 331722182 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 11193 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 3459 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -5376 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 24733 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 11697 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6512 |
| IRS990EZ/GrossReceiptsAmt | 0 | 85315 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 4660 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 10361 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 4985 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 10361 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 4985 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1992 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 35.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RAFAEL PUGA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | HORACIO ROSSI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | JOSE MATTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | DENNIS JORDAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER/DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 504 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 3053 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 27229 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE FLORIDA FOREIGN TRADE ASSOCIATION (F.F.T.A.) IS A NON-PROFIT TRADEORGANIZATION THAT REPRESENTS THE MOST DIVERSE GROUP OF INDIVIDUALS ANDCOMPANIES IN THE FOREIGN TRADE MARKET. F.F.T.A. PROVIDES A FORUM WHEREINFORMATION AND CONCEPTS ARE FREELY EXCHANGED, AS WELL AS THE OPPORTUNITY TO DIRECTLY PARTICIPATE IN FOREIGN TRADE MISSIONS, MONTHLYLUNCHEONS, WHERE COMMUNITY LEADERS AND PROFESSIONALS ADDRESS THEMEMBERS AND THEIR GUESTS ON TOPICS RELATED TO THEIR FIELDS. OUR ORGANIZATION ALSO HOLDS WORKSHOPS AND SEMINARS DESIGNATED TO TRAINBEGINNERS OR EXECUTIVES IN EXPORT/IMPORT AND OTHER RELATED TOPICS.IN 2001, F.F.T.A. ESTABLISHED A PROGRAM CALLED TRADE-USA THAT PROMOTESAMERICAN PRODUCTS AND/OR SERVICES AS WELL AS INCREASES THE INTERNATIONAL TRADE BETWEEN USA AND OTHER COUNTRIES THROUGH INBOUND TRADE MISSIONS.THE TRADE-USA PROGRAM ENGAGES IN A SERIES OF MATCHMAKING APPOINTMENTSWITH LOCAL BUSINESSES THAT WILL SELL THEIR PRODUCTS AND SERVICES TO THEPARTICIPANTS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 80655 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | DURING 2014 WE HAD A TOTAL OF 3 MISSION, WHICH ALL TOGETHER ADDED TO MORE THAN 800 BUSINESS APPOINTMENTS. FOUR BUSINESS EXPOS, GENERATING A GREAT PARTICIPATION OF DIFFERENT COMPANIES THROUGHOUT SOUTH FLORIDA. IN ADDITION, FFTA HAD VARIOUS QUICKBOOKS, IMPORT/EXPORT AND FAMILIARIZATION TO HAZARDOUS MATERIALS SEMINARS BROADENING OUR EDUCATIONAL PROGRAM. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 36737 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 1336 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1527 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 90691 |
| IRS990EZ/TotalRevenueAmt | 0 | 85315 |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.FFTA.COM |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: DEPRECIATION. AMOUNT: 107. DESCRIPTION: OTHER EXPENSES. AMOUNT: 1,885. TOTAL TO FORM 990-EZ, LINE 14: 1,992. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 2,485. DESCRIPTION: TELECOMMUNICATIONS. AMOUNT: 2,980. DESCRIPTION: CONFERENCES, CONVENTIONS, TRAININGS AND MEETINGS. AMOUNT: 3,618. DESCRIPTION: INSURANCE. AMOUNT: 1,414. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 3,044. DESCRIPTION: TAXES - PAYROLL. AMOUNT: 2,914. DESCRIPTION: MERCHANT FEES. AMOUNT: 2,230. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 1,721. DESCRIPTION: AUOMOBILE EXPENSE. AMOUNT: 388. DESCRIPTION: AWARDS. AMOUNT: 3,282. DESCRIPTION: TAXES AND LICENSES. AMOUNT: 343. DESCRIPTION: SUPPLIES. AMOUNT: 2,810. TOTAL TO FORM 990-EZ, LINE 16: 27,229. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 344. END OF YEAR AMOUNT: 3,000. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 160. END OF YEAR AMOUNT: 53. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: PAYROLL TAX LIABILITY. BEG. OF YEAR AMOUNT: 398. END OF YEAR AMOUNT: 187. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 938. END OF YEAR AMOUNT: 1,340. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-02-25 16:41:14Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | RAFAEL PUGA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7868375962 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-09-09 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MIAMI FOREIGN TRADE ASSOCIATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MIAM |
| ReturnHeader/Filer/EIN | 0 | 592557450 |
| ReturnHeader/Filer/PhoneNum | 0 | 3054710737 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 175 SW 7TH STREET NO 1716 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MIAMI |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 33130 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 010855474 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | TRAVIESO & ALVAREZ TAX FINANCIAL SERVICE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 175 SW 7TH STREET 1716 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MIAMI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | FL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 33130 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7862207635 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-09-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JEANETTE TRAVIESO CPA |
| ReturnHeader/ReturnTs | 0 | 2015-09-09T10:26:55-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-12-31 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,512
- Liabilities
- $1,527
- Net assets
- $4,985
- Revenue
- $85,315
- Expenses
- $90,691
- Net income
- -$5,376