SS COLUMBIA PROJECT

EIN: 030594755 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$65,891
Total Expenses
$97,281
Total Assets
$2,616,405
Net Assets
$2,604,936
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
IAN DANIC
Phone
2122283128
Tax Period
2023-01-01 to 2023-12-31

SS COLUMBIA PROJECT, founded in 1997, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $66K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $97K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO RESTORE AND OPERATE THE NATIONAL HISTORIC LANDMARK STEAMSHIP, SS COLUMBIA

Program Service Accomplishments

Program 1
Expenses: $65,017

RESTORATION AND OPERATION OF VESSEL SS COLUMBIA, THE OLDEST PASSENGER STEAMER IN THE US TO PROVIDE EDUCATION IN ENVIRONMENTAL SUSTAINABILITY AND STEWARDSHIP, PUBLIC ACCESS TO CULTURAL, SCENIC AND...

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RESTORATION AND OPERATION OF VESSEL SS COLUMBIA, THE OLDEST PASSENGER STEAMER IN THE US TO PROVIDE EDUCATION IN ENVIRONMENTAL SUSTAINABILITY AND STEWARDSHIP, PUBLIC ACCESS TO CULTURAL, SCENIC AND ENVIRONMENTAL RESOURCES OF THE HUDSON RIVER, AND REVITALIZING HUDSON RIVER COMMUNITIES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $65,889
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $65,891

Expense Breakdown

Grants Paid $0
Salaries & Benefits $20,000
Fundraising Expenses $3,456
Program Expenses $65,017
Other Expenses $77,281
TOTAL EXPENSES $97,281

Year-over-Year Comparison

2023 2022 Change
Revenue $65,891 $87,175 -0.2%
Expenses $97,281 $149,277 -0.3%
Net Income $-31,390 $-62,102 -0.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
4
$20,000
Total Directors
15
$20,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDA SCHINELLER CHAIRWOMAN 2.00
Officer Director
$20,000 $0 $20,000
KENT BARWICK BOARD MEMBER 2.00
Director
$0 $0 $0
PENNELL WHITNEY TREASURER - INTERIM 2.00
Officer Director
$0 $0 $0
DESIREE COOPER BOARD MEMBER 2.00
Director
$0 $0 $0
IAN DANIC PRESIDENT 2.00
Officer Director
$0 $0 $0
RAY FUSCO SECRETARY 2.00
Officer Director
$0 $0 $0
BOB ELLIOT BOARD MEMBER 2.00
Director
$0 $0 $0
BRIAN GRUNERT BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS HAWLEY BOARD MEMBER 2.00
Director
$0 $0 $0
LEROI JOHNSON BOARD MEMBER 2.00
Director
$0 $0 $0
CHUCK MCCOLLUM BOARD MEMBER 2.00
Director
$0 $0 $0
TOM MOONEY BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL NEUREUTER BOARD MEMBER 2.00
Director
$0 $0 $0
DANIELLE PATEL BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN WITT BOARD MEMBER 2.00
Director
$0 $0 $0
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
2023 $65,891 $97,281 $2,616,405 $-31,390
2022 $87,175 $149,277 $2,645,795 $-62,102
2021 $189,433 $38,081 $2,729,534 $151,352
2020 $106,940 $26,935 $2,551,322 $80,005
2019 $129,563 $22,810 $2,469,317 $106,753
2018 $88,535 $66,778 $2,368,649 $21,757
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