OSHEAN INC (EIN 050509325) - 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

1999

Legal Domicile

Principal Officer

DAVID MARBLE

Phone

4013987500

Tax Period

2024-07-01 to 2025-06-30

OSHEAN INC, founded in 1999, is a community nonprofit in the Public & Societal Benefit sector that reported $9.7M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $10.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE PREMIUM BROADBAND TELECOMMUNICATION, IP NETWORKING AND ABOVE THE NET SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,538,164

Investment Income $193,953

Other Revenue $3,366

TOTAL REVENUE $9,735,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,665,365

Fundraising Expenses $0

Program Expenses $9,577,613

Other Expenses $7,256,917

TOTAL EXPENSES $10,922,282

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,735,483	$10,511,592	-0.1%
Expenses	$10,922,282	$11,154,068	0.0%
Net Income	$-1,186,799	$-642,476	+0.8%

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

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

$564,300

Total Directors

Key Employees

$206,139

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACQUES LAFLAMME	CHAIR	1.00	Officer Director	$0	$0	$0
KEITH CHRISTOPHER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
PAUL FONTAINE	VICE CHAIR (UNTIL 7/24)	1.00	Officer Director	$0	$0	$0
TAMMY ANDERSON	SECRETARY (AS OF 02/25)	1.00	Officer Director	$0	$0	$0
GAURAV KHANNA	BOARD MEMBER	1.00	Director	$0	$0	$0
DARLENE WOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE FREIDRICHSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
RENEE PALERMO	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER MISRA	BOARD MEMBER	1.00	Director	$0	$0	$0
AL NOTARIANNI	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON ROWE	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MARBLE	PRESIDENT/CEO	40.00	Officer	$277,608	$57,140	$334,748
TIMOTHY RUE	CHIEF TECHNOLOGY OFFICER	40.00	Officer	$185,278	$44,274	$229,552
JONATHAN DOMEN	SENIOR NETWORK ARCHITECT	40.00	Key Emp	$156,294	$49,845	$206,139
MARK MONTALTO	VP - BUSINESS DEVELOPMENT	40.00	Highest	$177,736	$43,904	$221,640
RONALD VERDI	SENIOR NETWORK ENGINEER	40.00	Highest	$148,730	$42,643	$191,373
ALLAN ZAWADOWICZ	MANAGER, NETWORK OPERATIONS	40.00	Highest	$139,235	$46,717	$185,952
ROBERT GAY	VP OF OPERATIONS	40.00	Highest	$132,775	$40,309	$173,084
ERIC BUTASH	MANAGER, MEMBER SERVICES	40.00	Highest	$126,051	$7,938	$133,989

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	$9,735,483	$10,922,282	$28,762,989	$-1,186,799
2024	$10,511,592	$11,154,068	$29,461,979	$-642,476
2023	$9,946,606	$10,473,240	$29,595,438	$-526,634
2022	$8,682,560	$10,424,368	$30,440,136	$-1,741,808
2021	$9,308,754	$9,880,170	$32,434,488	$-571,416
2020	$8,200,109	$9,787,283	$32,997,928	$-1,587,174
2019	$7,590,897	$9,778,436	$33,365,766	$-2,187,539

OSHEAN INC