MARINE CORPS TANKERS ASSN FOUNDATION

EIN: 203647883 501(c)(3) Education

EL CAJON, CA

Total Revenue
$13,062
Total Expenses
$17,929
Total Assets
$162,540
Net Assets
$162,540
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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
2005
Legal Domicile
CA
Principal Officer
HAROLD MEEKS
Phone
7605188523
Tax Period
2024-01-01 to 2024-12-31

MARINE CORPS TANKERS ASSN FOUNDATION, founded in 2005, is a micro nonprofit in the Education sector that reported $13K in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $18K exceeded revenue, resulting in a 37% operating deficit.

Mission

THE MCTA FOUNDATION PROVIDES CHARITABLE AND FINANCIAL AID TO QUALIFIED APPLICANTS WHO ARE MEMBERS, SURVIVORS, DEPENDENTS, AND GRANDCHILDREN OF MEMBERS OF THE AND TO FURTHER, DESIGN, PRODUCE, AND DEDICATE APPROPRIATE MONUMENTS TO HONOR THE MEMORY OF OUR FALLEN COMRADES TO PERPETUATE THE ETERNAL LIVING SPIRIT OF ALL USMC TANKERS WHOSE LEGACY OF VALOR, LOYALTY, INNOVATION, AND HONOR IN PEACE AND WAR CONTINUES TO SERVE THE FINAL INTERESTS OF OUR NATION AND THE MARINE CORPS

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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 (2024)

Revenue Breakdown

Contributions & Grants $6,552
Program Service Revenue $0
Investment Income $6,510
Other Revenue $0
TOTAL REVENUE $13,062

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $17,929
Other Expenses $17,929
TOTAL EXPENSES $17,929

Year-over-Year Comparison

2024 2023 Change
Revenue $13,062 $22,319 -0.4%
Expenses $17,929 $1,242 +13.4%
Net Income $-4,867 $21,077 -1.2%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
10

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
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROD GERDES DIRECTOR 5.00
Director
$0 $0 $0
CONWILL CASEY DIRECTOR 5.00
Director
$0 $0 $0
TOM KELLY DIRECTOR 5.00
Director
$0 $0 $0
REED BOLICK DIRECTOR 5.00
Director
$0 $0 $0
HAROLD DAVIS DIRECTOR 5.00
Director
$0 $0 $0
ALLEN HOBART DIRECTOR 5.00
Director
$0 $0 $0
JIM KELLY DIRECTOR 5.00
Director
$0 $0 $0
HAROLD MEEKS TREADSURER 5.00
Officer Director
$0 $0 $0
JOHN STUDENKA PRESIDENT 10.00
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
2024 $13,062 $17,929 $162,540 $-4,867
2023 $22,319 $1,242 $170,292 $21,077
2022 $16,254 $42,409 $178,610 $-26,155
2021 $17,758 $32,789 $221,246 $-15,031
2020 $19,457 $50,045 $214,598 $-30,588
2019 $64,719 $33,978 $240,259 $30,741
2018 No data No data No data No data
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