OYSTER RECOVERY PARTNERSHIP INC (EIN 237204806) - 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

1972

Legal Domicile

Principal Officer

TIGHE MERKERT

Phone

4109904970

Tax Period

2024-01-01 to 2024-12-31

OYSTER RECOVERY PARTNERSHIP INC, founded in 1972, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

PLAN, PROMOTE IMPLEMENT SCIENCE-BASED SUSTAINABLE SHELLFISH RESTORATION, AQUACULTURE, AND WILD FISHERY ACTIVITIES TO PROTECT OUR ENVIRONMENT, SUPPORT OUR ECONOMY PRESERVE OUR CULTURE HERITAGE

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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 $9,498,549

Program Service Revenue $56,973

Investment Income $18,460

Other Revenue $0

TOTAL REVENUE $9,573,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,097,310

Fundraising Expenses $241,136

Program Expenses $8,712,146

Other Expenses $7,325,787

TOTAL EXPENSES $9,423,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,573,982	$7,944,468	+0.2%
Expenses	$9,423,097	$8,230,995	+0.1%
Net Income	$150,885	$-286,527	-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

Independent Members

Employees

Volunteers

144

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

$201,708

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
H WARD SLACUM	EXECUTIVE DIRECTOR	040.00	Officer	$164,615	$37,093	$201,708
JIM PERDUE	DIRECTOR	001.00	Director	$0	$0	$0
TIGHE MERKERT	CHAIRMAN	001.00	Officer Director	$0	$0	$0
MIKE ECKHART	DIRECTOR	001.00	Director	$0	$0	$0
SHANNON LYONS	DIRECTOR	001.00	Director	$0	$0	$0
RUSSELL STEVENSON	TREASURER	001.00	Officer Director	$0	$0	$0
HAROLD GRAUL	DIRECTOR	001.00	Director	$0	$0	$0
JAMES KING	DIRECTOR	001.00	Director	$0	$0	$0
KATIE MATTHEWS	DIRECTOR	001.00	Director	$0	$0	$0
MAXINE PHILLIPS	DIRECTOR	001.00	Director	$0	$0	$0
KAREN OERTEL	DIRECTOR	001.00	Director	$0	$0	$0
BEN SAVAGE	DIRECTOR	001.00	Director	$0	$0	$0
PHILIP PLACK	DIRECTOR	001.00	Director	$0	$0	$0
BILL CONEY	DIRECTOR	001.00	Director	$0	$0	$0
JASON RUTH	DIRECTOR	001.00	Director	$0	$0	$0
BILL GIBBONS-FLY	SECRETARY	001.00	Officer Director	$0	$0	$0
ED RICH	DIRECTOR	001.00	Director	$0	$0	$0
BILL SIELING	DIRECTOR	001.00	Director	$0	$0	$0
THOMAS KOUNTZ	DIRECTOR	001.00	Director	$0	$0	$0
RUSSELL SMITH	DIRECTOR	001.00	Director	$0	$0	$0
JEFF HARRISON	DIRECTOR	001.00	Director	$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	No data	No data	No data	No data
2024	$9,573,982	$9,423,097	$2,677,628	$150,885
2023	$7,944,468	$8,230,995	$1,856,701	$-286,527
2022	$6,929,869	$6,951,540	$1,921,352	$-21,671
2021	$6,281,689	$6,305,900	$2,077,192	$-24,211
2020	$6,018,269	$5,659,634	$2,154,849	$358,635
2019	$6,233,568	$6,185,349	$1,583,891	$48,219
2018	$6,352,334	$6,256,450	$1,751,937	$95,884

OYSTER RECOVERY PARTNERSHIP INC