BOATHOUSE MINISTRIES C/O ROBERT T VALLEAU (EIN 271415035) - 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

2009

Legal Domicile

Principal Officer

KATHRYN C VALLEAU

Phone

9082309271

Tax Period

2024-01-01 to 2024-12-31

BOATHOUSE MINISTRIES C/O ROBERT T VALLEAU, founded in 2009, is a micro nonprofit that reported $2K in total revenue in fiscal year 2024. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $13K exceeded revenue, resulting in a 550% operating deficit.

Mission

FOR THE ADVANCEMENT OF CHRISTIANITY ON THE OUTER CAPE THROUGH CHURCH SERVICES, WEDDINGS, FUNERALS, PRAYER MEETINGS, SPECIAL PROGRAMS, AND OTHER RELIGIOUS SERVICES THAT FURTHER THE TEACHINGS OF JESUS CHRIST.

🔒

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 $2,056

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,056

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,971

Fundraising Expenses $0

Program Expenses $13,361

Other Expenses $8,390

TOTAL EXPENSES $13,361

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,056	$28,483	-0.9%
Expenses	$13,361	$25,371	-0.5%
Net Income	$-11,305	$3,112	-4.6%

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

$4,971

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN C VALLEAU	PRESIDENT	4.00	Officer Director	$0	$0	$0
KENNETH D KORNELSON	TREASURER	4.00	Officer Director	$0	$0	$0
ROBERT T VALLEAU	SECRETARY	4.00	Officer Director	$0	$0	$0
ROBIN MCLELLAN	DIRECTOR	4.00	Director	$0	$0	$4,971
KENT HEIN	DIRECTOR	4.00	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	$2,056	$13,361	No data	$-11,305
2023	$28,483	$25,371	$11,305	$3,112
2022	$21,309	$25,591	$8,193	$-4,282
2021	$41,931	$34,489	$12,475	$7,442
2021	$41,931	$34,489	$12,475	$7,442
2020	$28,315	$24,479	$5,033	$3,836
2019	$21,559	$27,167	$1,197	$-5,608
2018	$31,724	$30,689	$6,805	$1,035

BOATHOUSE MINISTRIES C/O ROBERT T VALLEAU