GROW BOATING INC (EIN 204130169) - 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

2005

Legal Domicile

Principal Officer

ELLEN BRADLEY

Phone

3129466200

Tax Period

2019-10-01 to 2020-09-30

GROW BOATING INC, founded in 2005, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2019. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $4.8M exceeded revenue, resulting in a 61% operating deficit.

Mission

TO MANAGE, DIRECT, GOVERN, & FUND THE GROW BOATING INITIATIVE. THE GROW BOATING (SEE SCH O) INITIATIVE IS DESIGNED TO FORMULATE & IMPLEMENT PROGRAMS THAT WILL INCREASE BOATING PARTICIPATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $2,596,947

Program Service Revenue $0

Investment Income $9,690

Other Revenue $395,380

TOTAL REVENUE $3,002,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,704

Fundraising Expenses $0

Other Expenses $4,812,947

TOTAL EXPENSES $4,833,651

Year-over-Year Comparison

	2019	2018	Change
Revenue	$3,002,017	$8,779,708	-0.7%
Expenses	$4,833,651	$9,508,248	-0.5%
Net Income	$-1,831,634	$-728,540	+1.5%

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

Governance

Voting Members

N/A

Independent Members

N/A

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

$773,285

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL BLACKWELL	PRESIDENT	24.00	Officer	$0	$15,808	$352,064
ELLEN BRADLEY	VICE PRESIDENT	14.00	Officer	$0	$19,347	$220,307
GLENDA SANDOVAL	ASST TREASURER	4.00	Officer	$0	$21,885	$200,914

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
2020	$3,002,017	$4,833,651	No data	$-1,831,634
2019	$8,779,708	$9,508,248	$2,911,258	$-728,540
2018	$7,279,596	$8,503,135	$3,938,199	$-1,223,539

GROW BOATING INC