HINGHAM MARITIME CENTER INC (EIN 042481637) - Form 990 Financial Analysis & Trantor Score

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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

1971

Legal Domicile

Principal Officer

MARNIE OWENS

Phone

7817415225

Tax Period

2023-10-01 to 2024-09-30

HINGHAM MARITIME CENTER INC, founded in 1971, is a small nonprofit in the Recreation & Sports sector that reported $440K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION PROVIDES EDUCATION IN SAILING, ROWING AND WATER SAFETY.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $89,066

Program Service Revenue $324,633

Investment Income $2,626

Other Revenue $23,660

TOTAL REVENUE $439,985

Expense Breakdown

Grants Paid $0

Salaries & Benefits $253,318

Fundraising Expenses $8,662

Program Expenses $357,762

Other Expenses $189,545

TOTAL EXPENSES $442,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$439,985	$380,955	+0.2%
Expenses	$442,863	$419,049	+0.1%
Net Income	$-2,878	$-38,094	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIZA MACKINNON	PRESIDENT	15.00	Officer Director	$0	$0	$0
TOM CURTIS	VICE PRESIDENT	12.00	Officer Director	$0	$0	$0
MARNIE OWENS	TREASURER	1.50	Officer Director	$0	$0	$0
NANCY KERBER	SECRETARY	2.00	Officer Director	$0	$0	$0
TIM BRADI	TRUSTEE	2.00	Director	$0	$0	$0
ED MORRIS	TRUSTEE	0.25	Director	$0	$0	$0
ADAM WHITE	TRUSTEE	0.00	Director	$0	$0	$0
JILL LITTLEJOHN	TRUSTEE	5.00	Director	$0	$0	$0
ZACH JONAS	TRUSTEE	0.00	Director	$0	$0	$0
LISEN SYP	TRUSTEE	0.25	Director	$0	$0	$0
KELLY HOPPE	TRUSTEE	0.00	Director	$0	$0	$0
TRICIA POWERS	TRUSTEE	0.25	Director	$0	$0	$0
STURT ENGLISH	TRUSTEE	0.50	Director	$0	$0	$0
HOLLY MORIARTY	TRUSTEE	0.50	Director	$0	$0	$0
KRISTIN FEELEY	TRUSTEE	1.00	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
2024	$439,985	$442,863	$491,166	$-2,878
2023	$380,955	$419,049	$493,715	$-38,094
2022	$422,393	$350,288	$530,484	$72,105
2021	$397,189	$219,960	$458,379	$177,229
2020	$243,312	$293,687	$331,455	$-50,375
2019	$494,043	$414,284	$381,926	$79,759
2018	$471,269	$487,871	$267,063	$-16,602

HINGHAM MARITIME CENTER INC