GULF OF MEXICO ALLIANCE

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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

2010

Legal Domicile

Principal Officer

CONSTANCE THRIFT

Phone

2282151242

Tax Period

2024-01-01 to 2024-12-31

GULF OF MEXICO ALLIANCE, founded in 2010, is a community nonprofit in the Environment sector that reported $4.5M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. Net assets of $10.0M represent 27 months of operating reserves.

Mission

THE ALLIANCE'S MISSION IS TO PROMOTE THE PROTECTION, RESTORATION, ENHANCEMENT, UNDERSTANDING, AWARENESS AND WISE USE OF THE NATURAL RESOURCES OF THE GULF OF AMERICA THROUGH ALIGNED AND COOPERATIVE EFFORTS INVOLVING RESEARCH, PLANNING, MANAGEMENT, INFORMATION AND RESOURCE SHARING AND PUBLIC EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $580,889

GULF OF MEXICO RESEARCH INITIATIVE- BECAUSE THE GULF OF MEXICO WAS SEVERELY IMPACTED BY THE 2010 DEEPWATER HORIZON OIL SPILL, THE ALLIANCE WAS ASKED TO PROVIDE INDEPENDENT ADMINISTRATIVE SERVICES IN CONNECTION WITH A TEN (10) YEAR RESEARCH PROGRAM TO BE FUNDED BY BP EXPLORATION & PRODUCTION, INC. (BP). THE PROGRAM, KNOWN AS THE GULF OF MEXICO RESEARCH INITIATIVE (GRI OR GOMRI), STUDIED THE IMPACTS OF THE 2010 DEEPWATER HORIZON OIL SPILL ON THE GULF OF MEXICO ECOSYSTEM FROM 2010 TO 2020. THE CONTROLLING DOCUMENT OF THE GOMRI WAS A MASTER RESEARCH AGREEMENT WHICH IDENTIFIED THE INDEPENDENT ADMINISTRATIVE SERVICES REQUIRED OF THE ALLIANCE IN CONNECTION WITH RESEARCH GRANTS. THE ADMINISTRATIVE SERVICES ARE THE SAME TYPES OF SERVICES THE ALLIANCE PROVIDES IN CONNECTION WITH OTHER RESEARCH ACTIVITIES AND PUBLIC FUNDS. ALL THE FUNDING FOR THE PROGRAM WAS RECEIVED BY THE END OF 2019. REMAINING BP FUNDS ARE GOVERNMED BY AN AMENDMENT TO THE MASTER RESEARCH AGREEMENT AND ARE USED TO WRAP UP THE PROGRAM, ENSURE PUBLIC DATA AVAILABILITY AND ACCESS THROUGH 2029, AND KEEP THE WEBSITE ACTIVE THROUGH 2029.

Program 2

Expenses: $3,676,725

GULF OF AMERICA ALLIANCE- THE GOAA PROGRAM ACCOMPLISHES THE MISSION OF THE ENTITY THROUGH SUBGRANTING FUNDS, EDUCATING THROUGH MEETINGS AND SEMINARS, AND OTHER MEANS TO FACILITATE REGIONAL EDUCATION...

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,339,058

Program Service Revenue $663,005

Investment Income $504,285

Other Revenue $0

TOTAL REVENUE $4,506,348

Expense Breakdown

Grants Paid $1,732,102

Salaries & Benefits $983,677

Fundraising Expenses $103,372

Program Expenses $4,257,614

Other Expenses $2,057,740

TOTAL EXPENSES $4,773,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,506,348	$2,366,932	+0.9%
Expenses	$4,773,519	$2,929,480	+0.6%
Net Income	$-267,171	$-562,548	-0.5%

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

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

$233,013

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE SPRAGGINS	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVEN SCHAR	BOARD MEMBER	0.50	Director	$0	$0	$0
BRIAN LEZINA	CHAIR	0.50	Officer Director	$0	$0	$0
PATTI MCCURDY	CHAIR ELECT	0.50	Officer Director	$0	$0	$0
LAINIE EDWARDS	BOARD MEMBER	0.50	Director	$0	$0	$0
GARETH LEONARD	BOARD MEMBER	0.50	Director	$0	$0	$0
WILL UNDERWOOD	BOARD MEMBER	0.50	Director	$0	$0	$0
CHRIS WELLS	BOARD MEMBER	0.50	Director	$0	$0	$0
JIM PAHL	BOARD MEMBER	0.50	Director	$0	$0	$0
CORY HORAN	BOARD MEMBER	0.50	Director	$0	$0	$0
LAURA BOWIE	EXECUTIVE DIRECTOR & SECRE	40.00	Officer	$142,518	$0	$142,518
CONSTANCE THRIFT	TREASURER/BUSINESS ADMINST	40.00	Officer	$90,495	$0	$90,495
NORA GINN	DEVELOPMENT DIRECTOR	40.00	Highest	$105,270	$0	$105,270

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	No data	No data	No data	No data
2024	$4,506,348	$4,773,519	$10,407,510	$-267,171
2023	$2,366,932	$2,929,480	$10,700,885	$-562,548
2022	$1,698,085	$3,212,553	$11,024,936	$-1,514,468
2021	$2,165,687	$4,984,037	$13,035,124	$-2,818,350
2020	$2,434,480	$9,382,912	$16,033,278	$-6,948,432
2019	$22,320,759	$18,674,100	$22,983,005	$3,646,659
2018	$27,343,679	$25,868,755	$19,746,893	$1,474,924