Carson, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Bering Sea Crab Cooperative, founded in 2005, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $71K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 26% operating margin.
The Bering Sea Crab Cooperative has been formed to generally exercise the powers of an Alaska Cooperation corporation conducive to its purposes, subject to limitations imposed by the provisions of the Alaska Cooperative Corporation Act and the Cooperative's Articles of Incorporation and Bylaws.
The Bering Sea Crab Cooperative (TBSCC) requires members to report their catch on a contemporaneous basis. TBSCC monitors the members' catch to determine that the catch complies with the Cooperative...
The Bering Sea Crab Cooperative (TBSCC) requires members to report their catch on a contemporaneous basis. TBSCC monitors the members' catch to determine that the catch complies with the Cooperative IFQ permit. TBSCC assists members with complying with their individual IFQ compliance issues.This benefits the members by having TBSCC process the paperwork for compliance. The NMFS also benefits because TBSCC monitors compliance which reduces the NMFS's paperwork and compliance efforts.TBSCC monitors transfers of quota shares among members. This benefits members and the NMFS in that TBSCC is able to provide current membership and IFQ ownership data.TBSCC computes and distributes funds to members, so that each member receives the same amount per pound.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $71,318 | $96,969 | -0.3% |
| Expenses | $52,813 | $45,620 | +0.2% |
| Net Income | $18,505 | $51,349 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| Timothy Heuker | Vice President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Campbell Jr | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gary Painter | Secretary/Treas | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sig Hansen | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Nathan Stone | Alternate Direc | 1.00 |
Director
|
$0 | $0 | $0 |
| Sean Dwyer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ted Painter | Alternate Direc | 1.00 |
Director
|
$0 | $0 | $0 |
| Gretar Gudmundsson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Siri Dammarell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $71,318 | $52,813 | $782,586 | $18,505 |
| 2023 | $96,969 | $45,620 | $501,326 | $51,349 |
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