MEBA TRAINING PLAN (EIN 136219856) - 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

1967

Legal Domicile

Principal Officer

ADAM VOKAC - TRUSTEE

Phone

4105479111

Tax Period

2023-01-01 to 2023-12-31

MEBA TRAINING PLAN, founded in 1967, is a community nonprofit in the Education sector that reported $8.3M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $7.3M left a modest 12% surplus.

Mission

TO PROVIDE MARITIME TRAINING TO PARTICIPANTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,984,745

Investment Income $421,417

Other Revenue $919,785

TOTAL REVENUE $8,325,947

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,686,901

Fundraising Expenses $0

Program Expenses $6,849,373

Other Expenses $3,372,349

TOTAL EXPENSES $7,321,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,325,947	$7,108,874	+0.2%
Expenses	$7,321,257	$6,867,950	+0.1%
Net Income	$1,004,690	$240,924	+3.2%

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

$658,629

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VOKAC ADAM	TRUSTEE - CHAIRMAN	2.00	Director	$0	$0	$0
CALLAHAN JASON	TRUSTEE	2.00	Director	$0	$0	$0
DOHERTY RICHARD	TRUSTEE	2.00	Director	$0	$0	$0
REXHA ROLAND	TRUSTEE	2.00	Director	$0	$0	$0
SMITH ADAM	TRUSTEE	2.00	Director	$0	$0	$0
CIMINI CLAUDIA	TRUSTEE	2.00	Director	$0	$0	$0
HANLEY EDWARD	TRUSTEE - SECRETARY	2.00	Director	$0	$0	$0
LABONTE MICHAEL	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
MOTE DAMON	TRUSTEE	2.00	Director	$0	$0	$0
THORNTON WILLIAM	TRUSTEE	2.00	Director	$0	$0	$0
SULLIVAN JOHN	TRUSTEE	2.00	Director	$0	$0	$0
FARRAR BORIANA	TRUSTEE	2.00	Director	$0	$0	$0
DOUGLAS IRA	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
WASHBURN EDWARD	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
WASSEL JOSEPH	TRUSTEE	2.00	Director	$0	$0	$0
WEISSMAN DAVID	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
BALLENGER DUNCAN	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
DUNCAN JEFF	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
GREENWAY NICOLE	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
MENENDEZ JACK	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
BANCROFT KERRI	ALTERNATE TRUSTEE	2.00	Director	$0	$0	$0
KURZ DONALD JR	TRUSTEE	2.00	Director	$0	$0	$0
GILCHRIST ANN	ADMINISTRATOR	3.00	Officer	$0	$38,339	$230,442
JENNINGS BRYAN	DIRECTOR	40.00	Officer	$156,625	$36,752	$193,377
KELLY PATRICIA	EXECUTIVE DIRECTOR	3.00	Officer	$0	$58,868	$234,810
FULLWOOD RICHARD	INSTRUCTOR	40.00	Highest	$109,754	$43,227	$152,981

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
2023	$8,325,947	$7,321,257	$16,472,584	$1,004,690
2022	$7,108,874	$6,867,950	$14,992,079	$240,924
2021	$7,564,374	$6,167,616	$15,796,900	$1,396,758
2020	$6,407,735	$6,051,084	$14,909,906	$356,651
2019	$6,811,128	$7,177,440	$13,464,001	$-366,312
2018	$6,259,083	$7,099,012	$13,205,185	$-839,929

MEBA TRAINING PLAN