CASWELL COVE MARINA ASSOCIATION INC

🔒

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

1994

Legal Domicile

Principal Officer

NICOLE AVERY

Phone

2038769880

Tax Period

2024-10-01 to 2025-09-30

CASWELL COVE MARINA ASSOCIATION INC, founded in 1994, is a small nonprofit that reported $325K in total revenue in fiscal year 2024.

Mission

PROMOTION OF SAFE BOATING

Program Service Accomplishments

Program 1

Expenses: $337,658 Revenue: $319,681

OPERATION AND MAINTENANCE OF MARINA PROPERTY, TOGETHER WITH THE PROMOTION OF SAFE BOATING AND SEAMANSHIP FOR USE AND RECREATION OF MEMBERS.

🔒

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 $0

Program Service Revenue $319,681

Investment Income $3,783

Other Revenue $1,225

TOTAL REVENUE $324,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $337,658

Other Expenses $337,658

TOTAL EXPENSES $337,658

Year-over-Year Comparison

	2024	2023	Change
Revenue	$324,689	N/A	N/A
Expenses	$337,658	$102,724	+2.3%
Net Income	$-12,969	$-102,724	-0.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL PECORARO	PRESIDENT	0.50	Officer	$0	$0	$0
APRIL HEMMING	VICE PRESIDENT	0.50	Officer	$0	$0	$0
DAVID CROWLE	TREASURER	0.50	Officer	$0	$0	$0
BRIAN BEAULIEU	SECRETARY	0.50	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	$324,689	$337,658	$353,650	$-12,969
2024	$347,931	$452,408	$441,081	$-104,477
2022	$312,492	$383,460	$701,179	$-70,968
2021	$310,234	$442,612	$837,419	$-132,378
2020	$297,509	$419,330	$942,569	$-121,821