MOUNT DESERT ISLAND COMMUNITY SAILI AND MARITIME EDUCATION INC (EIN 261225678) - 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

JOHN T ROBERTS JR

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

MOUNT DESERT ISLAND COMMUNITY SAILI AND MARITIME EDUCATION INC, founded in 2007, is a small nonprofit that reported $706K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $354K, a strong 50% operating margin.

Mission

TO FOSTER AND PROMOTE THE EDUCATION OF YOUTH AND ADULTS WITHIN THE COMMUNITY AND ELSEWHERE, WITH AN EMPHASIS ON TEACHING THE FUNDAMENTALS OF SAILING AND MARITIME ACTIVITIES.

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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 $439,793

Program Service Revenue $163,148

Investment Income $93,988

Other Revenue $8,785

TOTAL REVENUE $705,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,798

Fundraising Expenses $3,248

Program Expenses $293,115

Other Expenses $170,015

TOTAL EXPENSES $351,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$705,714	$357,814	+1.0%
Expenses	$351,813	$338,569	+0.0%
Net Income	$353,901	$19,245	+17.4%

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

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

$65,370

Total Directors

$65,370

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN T ROBERTS JR	PRESIDENT	N/A	Officer Director	$0	$0	$0
RYAN DONOHUE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
WARD MACKENZIE	TREASURER	N/A	Officer Director	$0	$0	$0
CHARLES WRAY	SECRETARY	N/A	Officer Director	$0	$0	$0
RYAN BROWN	DIRECTOR	N/A	Director	$0	$0	$0
MARY LAWRENCE FLYNN	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES HUTCHINS	DIRECTOR	N/A	Director	$0	$0	$0
WYETH INGEBRITSON	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM KNOWLTON	DIRECTOR	N/A	Director	$0	$0	$0
JOHN MACAULEY	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM RATCLIFF	DIRECTOR	N/A	Director	$0	$0	$0
DAVID SCHOEDER	DIRECTOR	N/A	Director	$0	$0	$0
BETSY STIRES	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM WRIGHT	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA HIRSCH	DIRECTOR	N/A	Director	$0	$0	$0
GLENN SQUIRES	EXECUTIVE DI	40.00	Officer Director	$65,370	$0	$65,370

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	$705,714	$351,813	$2,438,017	$353,901
2023	$357,814	$338,569	$2,024,046	$19,245
2022	$473,577	$319,766	$1,851,601	$153,811
2021	$815,698	$287,859	$1,908,787	$527,839
2020	$195,568	$237,213	$1,224,112	$-41,645
2019	$272,334	$281,880	$1,170,564	$-9,546
2018	$241,804	$269,052	$1,044,049	$-27,248

MOUNT DESERT ISLAND COMMUNITY SAILI AND MARITIME EDUCATION INC