THE MINNESOTA CLEAN MARINA

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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

GLENN BOWMAN

Phone

6512462118

Tax Period

2021-01-01 to 2021-12-31

THE MINNESOTA CLEAN MARINA, founded in 2010, is a micro nonprofit that reported $795 in total revenue in fiscal year 2021. Expenses of $8K exceeded revenue, resulting in a 945% operating deficit.

Mission

AN ASSOCIATION OF MARINAS

Program Service Accomplishments

Program 1

ORGANIZE MARINAS LOCATED IN MINNESOTA TO ENCOURAGE ALL MARINAS WITHIN THE STATE TO AVOID HARMING THE WATERWAYS THAT THESE MARINAS ACCESS. aLL OF THE REVENUE GENERATED BY THE ORGANIZATION IS DERIVED...

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $795

Investment Income $0

Other Revenue $0

TOTAL REVENUE $795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $8,309

TOTAL EXPENSES $8,309

Year-over-Year Comparison

	2021	2020	Change
Revenue	$795	N/A	N/A
Expenses	$8,309	$3,018	+1.8%
Net Income	$-7,514	$-3,018	+1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN BOWMAN	OFFICER	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
2021	$795	$8,309	No data	$-7,514
2020	No data	$3,018	$7,514	No data
2019	$2,650	$700	$10,532	$1,950
2018	No data	$3,481	$8,582	No data