NEW SHOREHAM TOURISM COUNCIL INC (EIN 050466491) - 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

1992

Legal Domicile

Principal Officer

JESSICA WILLI

Phone

4014665200

Tax Period

2024-07-01 to 2025-06-30

NEW SHOREHAM TOURISM COUNCIL INC, founded in 1992, is a small nonprofit that reported $667K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $595K left a modest 11% surplus.

Mission

THE PRIMARY MISSION OF THE BLOCK ISLAND TOURISM COUNCIL IS TO PLAN, PROMOTE AND MARKET TOURISM BEYOND BLOCK ISLAND. WORKING WITHIN THE APPLICABLE STATE POLICIES AND PROCEDURES, BOARD MEMBERSHIP HAS THE OPPORTUNITY TO IDENTIFY OUR TARGET TOURISM MARKET, AND DEVELOP MARKETING CAMPAIGNS THAT ATTRACT VISITORS TO OUR AREA.

🔒

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 $81,900

Program Service Revenue $585,153

Investment Income $403

Other Revenue $0

TOTAL REVENUE $667,456

Expense Breakdown

Grants Paid $0

Salaries & Benefits $145,627

Fundraising Expenses $0

Program Expenses $540,559

Other Expenses $448,881

TOTAL EXPENSES $594,508

Year-over-Year Comparison

	2024	2023	Change
Revenue	$667,456	$777,637	-0.1%
Expenses	$594,508	$794,349	-0.3%
Net Income	$72,948	$-16,712	-5.4%

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

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

$124,880

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID HOUSEMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
JULIA KILEY	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LOGAN MOTT CHASE	2ND VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
KRISTINA PETERSON	SECRETARY	3.00	Officer Director	$0	$0	$0
JULIE FULLER	TREASURER	3.00	Officer Director	$0	$0	$0
NEAL MURPHY	MEMBER	3.00	Director	$0	$0	$0
JENNIFER HUGGINS	MEMBER	3.00	Director	$0	$0	$0
JESSICA WILLI	EXECUTIVE DIRECTOR	35.00	Officer	$102,648	$22,232	$124,880

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	$667,456	$594,508	$682,393	$72,948
2024	$777,637	$794,349	$605,722	$-16,712
2023	$614,648	$525,532	$645,578	$89,116
2022	$537,785	$439,805	$529,752	$97,980
2021	$438,984	$343,772	$416,528	$95,212

NEW SHOREHAM TOURISM COUNCIL INC