Marine Reach Ministries California Inc (EIN 271272384) - 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

Captain Edward R Payne

Phone

5105212000

Tax Period

2023-01-01 to 2023-12-31

Marine Reach Ministries California Inc, founded in 2009, is a small nonprofit in the Religion sector that reported $180K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $132K, a strong 73% operating margin.

Mission

To provide health care to the poor and disadvantaged with volunteers.

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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 $158,037

Program Service Revenue $0

Investment Income $5,304

Other Revenue $17,112

TOTAL REVENUE $180,453

Expense Breakdown

Grants Paid $36,317

Salaries & Benefits $4,608

Fundraising Expenses $0

Program Expenses $47,472

Other Expenses $7,897

TOTAL EXPENSES $48,822

Year-over-Year Comparison

	2023	2022	Change
Revenue	$180,453	$362,940	-0.5%
Expenses	$48,822	$284,820	-0.8%
Net Income	$131,631	$78,120	+0.7%

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

N/A

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

$4,608

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marguerite Payne	Secretary/Treas	10.00	Officer	$4,608	$0	$4,608
Captain Edward R Payne	President	10.00	Officer	$0	$0	$0
Shawn Hall	Vice President	5.00	Officer	$0	$0	$0
Emily Hall	Director	5.00	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
2024	No data	No data	No data	No data
2023	$180,453	$48,822	$286,548	$131,631
2022	$362,940	$284,820	$223,543	$78,120
2021	$685,701	$854,604	$145,367	$-168,903
2020	$1,565,696	$1,542,395	$272,727	$23,301
2019	$1,488,546	$1,378,325	$372,576	$110,221
2018	$1,193,091	$1,180,332	$124,124	$12,759

Marine Reach Ministries California Inc