MARITIME PILOTS INSTITUTE

EIN: 200265442 501(c)(3)

COVINGTON, LA

Total Revenue
$1,893,430
Total Expenses
$1,894,473
Total Assets
$92,673
Net Assets
$165
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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
2003
Legal Domicile
LA
Principal Officer
GEORGE B BURKLEY
Phone
9858679789
Tax Period
2019-01-01 to 2019-12-31

MARITIME PILOTS INSTITUTE, founded in 2003, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2019. Revenue decreased 17% compared to the prior year.

Mission

TO PROVIDE TRAINING, EDUCATION, SUPPORT AND SERVICES TO THE PROFESSIONAL MARITIME STATE PILOTAGE COMMUNITY DEDICATED TO IMPROVING MARITIME PUBLIC SAFETY.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,893,430
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,893,430

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,894,473
Other Expenses $1,894,473
TOTAL EXPENSES $1,894,473

Year-over-Year Comparison

2019 2018 Change
Revenue $1,893,430 $2,270,455 -0.2%
Expenses $1,894,473 $2,270,455 -0.2%
Net Income $-1,043 N/A N/A
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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGE B BURKLEY Executive Dir. 40.00
Director
$0 $0 $0
STEPHEN HATHORN President 1.00
Officer
$0 $0 $0
MICHAEL TD MILLER Treasurer 1.00
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
2019 $1,893,430 $1,894,473 $92,673 $-1,043
2018 $2,270,455 $2,270,455 $41,502 No data
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