OREGON WAVE ENERGY TRUST (EIN 208308559) - 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

2007

Legal Domicile

Principal Officer

JASON BUSCH

Phone

5035245621

Tax Period

2019-01-01 to 2019-12-31

OREGON WAVE ENERGY TRUST, founded in 2007, is a micro nonprofit that reported $12K in total revenue in fiscal year 2019. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 1098% operating deficit.

Mission

THE MISSION OF THE OREGON WAVE ENERGY TRUST (OWET) IS TO BECOME A CENTRAL ENTITY FOR WAVE ENERGY-RELATED DEVELOPMENT IN OREGON. GUIDED BY ITS STAKEHOLDERS, OWET WILL BUILD AND SHARE THE EXPERTISE NEEDED TO SUPPORT AND ACCELERATE THE RESPONSIBLE DEVELOPMENT OF THE STATE'S EMERGING WAVE ENERGY INDUSTRY.

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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 $0

Program Service Revenue $12,462

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,462

Expense Breakdown

Grants Paid $148,381

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $974

TOTAL EXPENSES $149,355

Year-over-Year Comparison

	2019	2018	Change
Revenue	$12,462	$62,473	-0.8%
Expenses	$149,355	$55,263	+1.7%
Net Income	$-136,893	$7,210	-20.0%

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BAILEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
REBECCA O'NEIL	BOARD MEMBER	1.00	Director	$0	$0	$0
JIMMY LINDSAY	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON BUSCH	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$100,000

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
2019	$12,462	$149,355	No data	$-136,893
2018	$62,473	$55,263	$155,387	$7,210

OREGON WAVE ENERGY TRUST