NATIONAL MARINE LENDERS ASSOCIATION (EIN 311125373) - 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

1979

Legal Domicile

Principal Officer

NOELLE NORVELL

Phone

4109801401

Tax Period

2024-03-01 to 2025-02-28

NATIONAL MARINE LENDERS ASSOCIATION, founded in 1979, is a small nonprofit that reported $349K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $311K left a modest 11% surplus.

Mission

PROMOTES LENDING AND PROVIDES INFORMATION TO INDIVIDUALS IN THE BOATING INDUSTRY.

🔒

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 $0

Program Service Revenue $334,572

Investment Income $14,877

Other Revenue $0

TOTAL REVENUE $349,449

Expense Breakdown

Grants Paid $106

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $310,683

TOTAL EXPENSES $310,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,449	$371,193	-0.1%
Expenses	$310,789	$314,124	0.0%
Net Income	$38,660	$57,069	-0.3%

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

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
JEFF BACKUS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES COBURN	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE FORESE	DIRECTOR EME	1.00	Director	$0	$0	$0
MIKE HARBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
JOHN HAYMOND	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN KEY	SECRETARY	1.00	Officer Director	$0	$0	$0
CAROLINE MANTEL	ASSOCIATE DI	1.00	Director	$0	$0	$0
NOELLE NORVELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM OTTO	TREASURER	1.00	Officer Director	$0	$0	$0
DONALD PARKHURST	ASST. TREASU	1.00	Director	$0	$0	$0
MICHAEL STODOLAK	VICE PRESIDE	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
2025	$349,449	$310,789	$458,565	$38,660
2024	$371,193	$314,124	$419,905	$57,069
2023	$335,501	$357,084	$362,836	$-21,583
2022	$237,991	$230,864	$384,419	$7,127
2020	$256,607	$290,643	$332,672	$-34,036

NATIONAL MARINE LENDERS ASSOCIATION