SHIP OPERATIONS COOPERATIVE PROGRAM INC (EIN 263378404) - 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

Robert Sheen

Phone

3015387627

Tax Period

2025-01-01 to 2025-12-31

SHIP OPERATIONS COOPERATIVE PROGRAM INC, founded in 2008, is a small nonprofit in the Community Improvement sector that reported $132K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $60K, a strong 45% operating margin.

Mission

TO PROMOTE BENEFICIAL INNOVATIONS IN SHIP OPERATIONS THROUGH THE IDENTIFICATION, DEVELOPMENT, AND APPLICATION OF NEW METHODS, TOOLS, AND TECHNOLOGIES.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $131,308

Program Service Revenue $359

Investment Income $485

Other Revenue $0

TOTAL REVENUE $132,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $72,457

TOTAL EXPENSES $72,457

Year-over-Year Comparison

	2025	2024	Change
Revenue	$132,152	$114,077	+0.2%
Expenses	$72,457	$172,221	-0.6%
Net Income	$59,695	$-58,144	-2.0%

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

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
Christopher Nette	Director	7	Director	$0	$0	$0
Valerie Kelly	Director	7	Director	$0	$0	$0
Hayden Roberts	Director	7	Director	$0	$0	$0
Gerald Pannel	Director	7	Director	$0	$0	$0
Catherine Gianelloni	President	7	Officer	$0	$0	$0
Robert Sheen	Treasurer	7	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
2025	$132,152	$72,457	$290,335	$59,695
2024	$114,077	$172,221	$230,386	$-58,144
2023	$250,628	$311,376	$307,705	$-60,748
2022	$94,563	$151,376	$349,187	$-56,813
2021	$720	$127,522	$406,000	$-126,802
2020	$176,130	$152,193	$542,887	$23,937
2019	$111,063	$109,221	$509,844	$1,842
2018	$149,957	$154,099	$516,725	$-4,142

SHIP OPERATIONS COOPERATIVE PROGRAM INC