NOBLE MARITIME MINISTRIES

EIN: 203372639 501(c)(3) Religion

ANACORTES, WA

Total Revenue
$75,330
Total Expenses
$81,476
Total Assets
N/A
Net Assets
N/A
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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
2006
Legal Domicile
WA
Principal Officer
NEIL HARMSWORTH
Phone
3609413729
Tax Period
2023-07-01 to 2024-06-30

NOBLE MARITIME MINISTRIES, founded in 2006, is a micro nonprofit in the Religion sector that reported $75K in total revenue in fiscal year 2023.

Mission

THE VISION IS TO SEE PEOPLE TRULY EXPERIENCE THE FREEDOM OF CHRIST IN LIFE AND MINISTRY BY ENCOURAGING AND COACHING MINISTRY AND LAY PROFESSIONALS THE FOCUS IS ON PERSONAL REVELATION IN THE HS AND REVIVAL.

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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 (2023)

Revenue Breakdown

Contributions & Grants $60,570
Program Service Revenue $14,760
Investment Income $0
Other Revenue $0
TOTAL REVENUE $75,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $76,400
Fundraising Expenses $0
Program Expenses $80,890
Other Expenses $5,076
TOTAL EXPENSES $81,476

Year-over-Year Comparison

2023 2022 Change
Revenue $75,330 $73,938 +0.0%
Expenses $81,476 $75,305 +0.1%
Net Income $-6,146 $-1,367 +3.5%
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
4
Independent Members
4
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
$76,400
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL HARMSWORTH PRESIDENT 35.00
Officer
$76,400 $0 $76,400
KATHLEEN HARMSWORTH SECRETARY 20.00
Officer
$0 $0 $0
TRISHA DIPRETE DIRECTOR 0.00
Director
$0 $0 $0
KAYLIE ANDERSON DIRECTOR 1.00
Director
$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
2024 $75,330 $81,476 No data $-6,146
2023 $73,938 $75,305 No data $-1,367
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