TIN CAN SAILORS INC

EIN: 042777916 501(c)(3)

SOMERSET, MA

Total Revenue
$754,253
Total Expenses
$579,346
Total Assets
$982,506
Net Assets
$620,934
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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
1982
Legal Domicile
MA
Principal Officer
ROSEHN GIPE
Phone
5086770515
Tax Period
2024-10-01 to 2025-09-30

TIN CAN SAILORS INC, founded in 1982, is a small nonprofit that reported $754K in total revenue in fiscal year 2024. The organization ran a surplus of $175K, a strong 23% operating margin.

Mission

ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO RESTORE OR IMPROVE DESTROYERS WITH MUSEUM STATUS

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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 (2024)

Revenue Breakdown

Contributions & Grants $485,731
Program Service Revenue $115,064
Investment Income $31,900
Other Revenue $121,558
TOTAL REVENUE $754,253

Expense Breakdown

Grants Paid $38,170
Salaries & Benefits $228,700
Fundraising Expenses $16,553
Program Expenses $316,893
Other Expenses $312,476
TOTAL EXPENSES $579,346

Year-over-Year Comparison

2024 2023 Change
Revenue $754,253 $736,937 +0.0%
Expenses $579,346 $587,254 0.0%
Net Income $174,907 $149,683 +0.2%
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
7
Independent Members
6
Employees
6
Volunteers
10

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
8
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSEHN GIPE PRESIDENT 10.00
Officer
$0 $0 $0
ED TAICSICH DIRECTOR 2.00
Officer Director
$0 $0 $0
ROGER NOVAK VICE PRESIDENT 1.00
Officer
$0 $0 $0
SCOTT SMITH DIRECTOR 1.00
Officer Director
$0 $0 $0
MICHAEL BUGARA DIRECTOR 1.00
Officer Director
$0 $0 $0
RICHARD ANGELINI DIRECTOR 1.00
Officer Director
$0 $0 $0
WILLIAM B SEAMAN JR TREASURER 1.00
Officer
$0 $0 $0
ANTHONY J KUCIKAS CLERK 1.00
Officer
$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
2025 $754,253 $579,346 $982,506 $174,907
2024 No data No data No data No data
2023 $488,666 $727,858 $670,315 $-239,192
2022 $659,268 $809,856 $665,397 $-150,588
2022 $659,268 $809,856 $665,397 $-150,588
2021 $564,102 $547,056 $781,425 $17,046
2020 $591,176 $557,842 $789,447 $33,334
2019 $665,270 $677,570 $790,941 $-12,300
2018 $709,410 $690,161 $824,895 $19,249
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