BLUE OCEAN SOCIETY FOR MARINE CONSERVATION (EIN 020523308) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

JENNIFER KENNEDY

Phone

6034310260

Tax Period

2024-05-01 to 2025-04-30

BLUE OCEAN SOCIETY FOR MARINE CONSERVATION, founded in 2001, is a small nonprofit in the Animal-Related sector that reported $364K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $439K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROTECT MARINE LIFE IN THE GULF OF MAINE THROUGH RESEARCH, EDUCATION AND INSPIRING ACTION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $228,082

Program Service Revenue $48,730

Investment Income $1,446

Other Revenue $85,806

TOTAL REVENUE $364,064

Expense Breakdown

Grants Paid $0

Salaries & Benefits $338,508

Fundraising Expenses $13,342

Program Expenses $236,023

Other Expenses $100,479

TOTAL EXPENSES $438,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,064	$484,162	-0.2%
Expenses	$438,987	$384,597	+0.1%
Net Income	$-74,923	$99,565	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1500

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$142,206

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NADINE LYSIAK	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BOOS	TREASURER	1.00	Officer Director	$0	$0	$0
ANNE CROTTY	SECRETARY	1.00	Officer Director	$0	$0	$0
TYLER O'BRIEN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SCHLEYER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIAN BROUILLARD	CHAIR	2.00	Officer Director	$0	$0	$0
COLLEEN DURKIN BLACKBURN	DIRECTOR	1.00	Director	$0	$0	$0
TODD WEST	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN LABERIS	DIRECTOR	1.00	Director	$0	$0	$0
NORLAILA MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ALEXA MCGOVERN	DIRECTOR	1.00	Director	$0	$0	$0
CORIE GREWAL	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER KENNEDY	EXECUTIVE DIRECTOR	40.00	Officer	$83,283	$0	$83,283
DIANNA SCHULTE	DIRECTOR OF RESEARCH	40.00	Officer	$58,923	$0	$58,923

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$364,064	$438,987	$77,179	$-74,923
2024	$484,162	$384,597	$150,910	$99,565
2023	$307,901	$378,152	$52,266	$-70,251
2022	$333,950	$317,851	$121,175	$16,099
2021	$267,515	$222,066	$137,687	$45,449
2020	$259,711	$237,773	$91,898	$21,938
2019	$222,834	$219,296	$38,996	$3,538

BLUE OCEAN SOCIETY FOR MARINE CONSERVATION