MV SHARKS BASEBALL FOUNDATION INC

EIN: 043626797 501(c)(3) Recreation & Sports

VINEYARD HAVEN, MA

Total Revenue
$483,981
Total Expenses
$472,633
Total Assets
$50,019
Net Assets
$33,512
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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
2006
Legal Domicile
MA
Principal Officer
RUSSELL CURRAN
Phone
5088897073
Tax Period
2022-01-01 to 2022-12-31

MV SHARKS BASEBALL FOUNDATION INC, founded in 2006, is a small nonprofit in the Recreation & Sports sector that reported $484K in total revenue in fiscal year 2022. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

TO CONDUCT, OPERATE AND MAINTAIN AN ORGANIZATION TO SUPPORT AND PROMOTE AMATUER BASEBALL ON MARTHA'S VINEYARD, MA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $483,981
Investment Income $0
Other Revenue $0
TOTAL REVENUE $483,981

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $6,098
Program Expenses $401,744
Other Expenses $472,633
TOTAL EXPENSES $472,633

Year-over-Year Comparison

2022 2021 Change
Revenue $483,981 $333,359 +0.5%
Expenses $472,633 $317,835 +0.5%
Net Income $11,348 $15,524 -0.3%
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
4
Independent Members
2
Employees
N/A
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL MILTON CURRAN PRESIDENT 5.00
Director
$0 $0 $0
DIANNE POWERS TREASURER 5.00
Director
$0 $0 $0
JOHN ROBERTS DIRECTOR 5.00
Director
$0 $0 $0
FABRICIO SORNAS DIRECTOR 5.00
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 No data No data No data No data
2022 $483,981 $472,633 $50,019 $11,348
2021 $333,359 $317,835 $70,890 $15,524
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