PACIFIC OCEAN ENERGY TRUST (EIN 264646584) - 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

2009

Legal Domicile

Principal Officer

JASON BUSCH

Phone

5035245621

Tax Period

2023-01-01 to 2023-12-31

PACIFIC OCEAN ENERGY TRUST, founded in 2009, is a community nonprofit in the Environment sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

PACIFIC OCEAN ENERGY TRUST IS COMMITTED TO PROMOTING OCEAN-BASED CLIMATE SOLUTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,199,885

Program Service Revenue $14,671

Investment Income $0

Other Revenue $35,959

TOTAL REVENUE $2,250,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $433,253

Fundraising Expenses $0

Program Expenses $2,248,281

Other Expenses $1,949,477

TOTAL EXPENSES $2,382,730

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,250,515	$2,873,609	-0.2%
Expenses	$2,382,730	$2,900,945	-0.2%
Net Income	$-132,215	$-27,336	+3.8%

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

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

$100,000

Total Directors

$100,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN BANISTER	PRESIDENT	1.00	Officer Director	$0	$0	$0
JUSTIN KLURE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JASON BUSCH	SEC/TREAS/EXEC DIRECTOR	40.00	Officer Director	$100,000	$0	$100,000
DAVE ROBERTSON	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
SIMON GEERLOFS	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$2,250,515	$2,382,730	$914,005	$-132,215
2022	$2,873,609	$2,900,945	$453,113	$-27,336
2021	$1,138,682	$1,191,750	$411,631	$-53,068
2020	$491,242	$663,843	$255,338	$-172,601
2019	$317,628	$374,221	$390,298	$-56,593
2018	$137,016	$326,679	$439,630	$-189,663

PACIFIC OCEAN ENERGY TRUST