VETERANS OCEAN ADVENTURE INC

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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

2009

Legal Domicile

Principal Officer

BRANSON RECTOR

Phone

3053896328

Tax Period

2019-01-01 to 2019-12-31

VETERANS OCEAN ADVENTURE INC, founded in 2009, is a micro nonprofit in the Recreation & Sports sector that reported $31K in total revenue in fiscal year 2019. Revenue decreased 9% compared to the prior year. Expenses of $57K exceeded revenue, resulting in a 85% operating deficit.

Mission

Create an opportunity for veterans to experience the healing power of water.

Program Service Accomplishments

Program 1

Expenses: $50,506 Revenue: $30,052

INTRODUCE VETERANS TO SCUBA DIVING, SAILING, KAYAKING AND OTHER WATER SPORTS IN ORDER TO PROMOTE WELLNESS AND EMOTIONAL HEALING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $30,052

Program Service Revenue $0

Investment Income $770

Other Revenue $0

TOTAL REVENUE $30,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,000

Program Expenses $50,506

Other Expenses $56,112

TOTAL EXPENSES $57,112

Year-over-Year Comparison

	2019	2018	Change
Revenue	$30,822	$33,895	-0.1%
Expenses	$57,112	$48,221	+0.2%
Net Income	$-26,290	$-14,326	+0.8%

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

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
BRANSON RECTOR	DIRECTOR	10.00	Officer Director	$0	$0	$0
MEAGHAN GIES	DIRECTOR	1.000	Officer Director	$0	$0	$0
PATRICIA RANDALL	DIRECTOR	1.000	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
2019	$30,822	$57,112	$15,611	$-26,290
2018	$33,895	$48,221	$40,860	$-14,326