VAGABUNDOS DEL MAR (EIN 237259947) - 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

1971

Legal Domicile

Principal Officer

KAREN CONNOLLY

Phone

7073745511

Tax Period

2023-01-01 to 2023-12-31

VAGABUNDOS DEL MAR, founded in 1971, is a small nonprofit that reported $487K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $599K exceeded revenue, resulting in a 23% operating deficit.

Mission

ORGANIZATION'S MISSION IS TO PROVIDE SERVICES TO MEMBERS, INCLUDING SOCIAL FUNCTIONS, TRAVEL INSURANCE, AND RELATED BENEFITS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $72,571

Program Service Revenue $418,322

Investment Income $491

Other Revenue $-4,468

TOTAL REVENUE $486,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,885

Fundraising Expenses $0

Other Expenses $396,902

TOTAL EXPENSES $598,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$486,916	$384,309	+0.3%
Expenses	$598,787	$322,802	+0.9%
Net Income	$-111,871	$61,507	-2.8%

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
CARRIE WILSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
LARRY LAMMON	DIRECTOR	2.00	Director	$0	$0	$0
GLORIA JONES	EXECUTIVE MGR	20.00	Director	$0	$0	$0
GARY KIRKMAN	DIRECTOR	2.00	Director	$0	$0	$0
ANTHONY SCHUCK	DIRECTOR	2.00	Director	$0	$0	$0
MIKE TRIBLE	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT MCEWEN	V-P/GENERAL MGR	2.00	Officer	$0	$0	$0
FREDDIE WASHINGTON	TREASURER/SECRETARY	2.00	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
2023	$486,916	$598,787	$220,513	$-111,871
2022	$384,309	$322,802	$334,099	$61,507
2021	$288,935	$278,583	$273,352	$10,352
2020	$228,908	$302,978	$262,275	$-74,070
2019	$340,291	$357,150	$335,990	$-16,859
2018	$404,563	$373,362	$352,721	$31,201

VAGABUNDOS DEL MAR