MARITIME SECURITY COUNCIL INC C/O PHILIP J MURRAY (EIN 204925661) - 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

2006

Principal Officer

PHILIP J MURRAY

Phone

7042342600

Tax Period

2024-01-01 to 2024-12-31

MARITIME SECURITY COUNCIL INC C/O PHILIP J MURRAY, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $118K in total revenue in fiscal year 2024. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 26% operating margin.

Mission

VESSEL DRUG & STOWAWAY PREVENTION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $118,367

Investment Income $0

Other Revenue $0

TOTAL REVENUE $118,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,416

Other Expenses $87,416

TOTAL EXPENSES $87,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$118,367	$36,677	+2.2%
Expenses	$87,416	$49,382	+0.8%
Net Income	$30,951	$-12,705	-3.4%

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

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY V GIRARD	VICE PRES.	20.00	Officer	$0	$0	$0
PHILIP J MURRAY	PRESIDENT	20.00	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
2025	No data	No data	No data	No data
2024	$118,367	$87,416	$237,418	$30,951
2023	$36,677	$49,382	$205,816	$-12,705
2022	$70,674	$38,353	$218,521	$32,321
2021	$19,486	$39,975	$187,601	$-20,489
2020	$21,342	$35,537	$199,091	$-14,195
2019	$66,520	$65,102	$207,041	$1,418
2018	$39,422	$32,951	$211,868	$6,471

MARITIME SECURITY COUNCIL INC C/O PHILIP J MURRAY