Erie Maritime Foundation Bayfront Maritime Center

EIN: 251812163 501(c)(3) Education

Erie, PA

Total Revenue
$142,535
Total Expenses
$120,726
Total Assets
$700,985
Net Assets
$665,085
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
PA
Phone
8144564077
Tax Period
2024-07-01 to 2025-06-30

Erie Maritime Foundation Bayfront Maritime Center, founded in 1998, is a small nonprofit in the Education sector that reported $143K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 15% operating margin.

Mission

To develop and implement engaging maritime-themed educations and recreational programming that connects youth and local residents to Presque Isle Bay

Program Service Accomplishments

Program 1
Expenses: $81,322

Bayfront Maritime Center (BMC) continues its mission of providing innovative, inclusive, and educational maritime experiences to the Erie community.This year, BMC delivered several impactful...

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Bayfront Maritime Center (BMC) continues its mission of providing innovative, inclusive, and educational maritime experiences to the Erie community.This year, BMC delivered several impactful programs:Project Compass offers youth a structured, supportive environment with maritime-based learning and skill-building.EASE (Erie Adaptive Sailing Experience) continues to provide therapeutic sailing opportunities for individuals with physical and cognitive challenges, supported by over 1,000 volunteer hours.The Annual Cardboard Boat Regatta remains a community favorite, attracting thousands of attendees and highlighting BMCs creative educational approach.The Community Boating Program increases public access to safe and engaging on-the-water experiences.BMC partnered with the IU5 Summer Migrant Program to offer educational boating opportunities for children of migrant families.Volunteers contributed over 4,700 hours, underscoring strong community support and involvement.BMCs programs emphasize experiential learning, accessibility, and community impact, reinforcing its role as a unique maritime educational hub in the region.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,470
Program Service Revenue $37,569
Investment Income $0
Other Revenue $55,496
TOTAL REVENUE $142,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $81,322
Other Expenses $120,726
TOTAL EXPENSES $120,726

Year-over-Year Comparison

2024 2023 Change
Revenue $142,535 $92,334 +0.5%
Expenses $120,726 $92,043 +0.3%
Net Income $21,809 $291 +73.9%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
76

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vince Nientimp President 1.00
Officer Director
$0 $0 $0
Mitch Miller Secretary 1.00
Officer Director
$0 $0 $0
Andy Gibbon Officer 1.00
Director
$0 $0 $0
Rod Troester Director 1.00
Director
$0 $0 $0
Sherri Mason Director 1.00
Director
$0 $0 $0
Brian Seelinger Vice President 1.00
Officer Director
$0 $0 $0
Richard Eisenberg Officer 1.00
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
2025 $142,535 $120,726 $700,985 $21,809
2024 $92,334 $92,043 $681,333 $291
2023 $92,861 $73,194 $688,353 $19,667
2022 $93,520 $90,410 $675,130 $3,110
2021 $99,663 $85,273 $690,146 $14,390
2019 $327,312 $342,633 $677,311 $-15,321
2018 $477,961 $393,328 $699,482 $84,633
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