CAMP SPRINGS, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SEAFARERS HARRY LUNDEBERG SCHOOL OF SEAMANSHIP, founded in 1965, is a mid-sized nonprofit that reported $22.7M in total revenue in fiscal year 2023. The organization ran a surplus of $17.0M, a strong 75% operating margin.
TO COLLECT, PRESERVE AND INVEST THE MONIES TO BE PAID TO THE ORGANIZATION AND TO PAY AND/OR PROVIDE FOR TRAINING, AND/OR UP-GRADING AND/OR RECERTIFICATION OF UNLICENSED SEAMEN AND APPRENTICES AND TO PAY FOR THE ESTABLISHMENT AND ADMINISTRATION OF SAID ORGANIZATION, ALL TO THE EXTENT AND IN THE MANNER AS DETERMINED BY THE TRUSTEES FROM TIME TO TIME.
THE PRIMARY EXEMPT PURPOSE IS TO PROVIDE A VEHICLE FOR FUNDING OF TRAINING AND UPGRADING MERCHANT SEAMEN AT THE LUNDEBERG MARYLAND SEAMANSHIP SCHOOL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $22,692,622 | $22,255,552 | +0.0% |
| Expenses | $5,702,490 | $5,224,728 | +0.1% |
| Net Income | $16,990,132 | $17,030,824 | 0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH BASELICE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS CELONA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| K BANCROFT | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LEE EGLAND | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| EDWARD HANLEY | TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RAY HENDERSON | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| A CHIARELLO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| TODD JOHNSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NICHOLAS MARRONE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ED MORGAN | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAMON MOTE | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ANTHONY NACCARATO | TRUSTEE, CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| AUGUSTIN TELLEZ | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK VONSIEGEL | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GEORGE TRICKER | TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICK VANDEGRIFT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE VINCENZO | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS ORZECHOWSKI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| I DOUGLAS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| S WINFIELD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| E YOUNG | ALTERNATE TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARGARET BOWEN | ADMINISTRATOR | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $22,692,622 | $5,702,490 | $60,013,701 | $16,990,132 |
| 2022 | $22,255,552 | $5,224,728 | $59,912,853 | $17,030,824 |
| 2021 | $25,454,651 | $5,072,875 | $61,505,438 | $20,381,776 |
| 2020 | $22,264,416 | $4,820,648 | $58,207,426 | $17,443,768 |
| 2019 | $22,711,826 | $4,917,460 | $54,815,054 | $17,794,366 |
| 2018 | $21,953,761 | $4,731,229 | $53,248,305 | $17,222,532 |
| 2018 | $21,953,761 | $4,731,229 | $53,248,305 | $17,222,532 |
Compare SEAFARERS HARRY LUNDEBERG SCHOOL OF SEAMANSHIP with other nonprofits in Maryland and across the country.