SURFING'S EVOLUTION & PRESERVATION FOUNDATION INC (EIN 263087353) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MALCOLM R KIRSCHENBAUM

Phone

3216324713

Tax Period

2024-07-01 to 2025-06-30

SURFING'S EVOLUTION & PRESERVATION FOUNDATION INC, founded in 2008, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.3M, a strong 67% operating margin.

Mission

PRESERVATION OF SURFING, AND ITS HISTORY, AS A SPORT AND RECREATIONAL ACTIVITY. PRESERVATION OF THE BEACHES AND THEIR ENVIRONMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,773,576

Program Service Revenue $0

Investment Income $1,216,740

Other Revenue $20,017

TOTAL REVENUE $5,010,333

Expense Breakdown

Grants Paid $1,223,641

Salaries & Benefits $129,329

Fundraising Expenses $56,068

Program Expenses $1,479,751

Other Expenses $316,155

TOTAL EXPENSES $1,669,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,010,333	$4,442,249	+0.1%
Expenses	$1,669,125	$2,433,193	-0.3%
Net Income	$3,341,208	$2,009,056	+0.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LYNNE C DIMENNA	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
RONALD E DIMENNA	PRESIDENT/DI	1.00	Officer Director	$0	$0	$0
MALCOLM R KIRSCHENBAUM	VICE PRESIDE	2.00	Officer 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	$5,010,333	$1,669,125	$23,949,729	$3,341,208
2024	$4,442,249	$2,433,193	$20,677,257	$2,009,056
2023	$3,890,772	$1,039,116	$18,525,637	$2,851,656
2022	$3,227,789	$651,793	$15,623,723	$2,575,996
2021	$2,829,905	$458,813	$13,080,609	$2,371,092
2020	$2,460,402	$243,613	$10,709,517	$2,216,789

SURFING'S EVOLUTION & PRESERVATION FOUNDATION INC