CHESAPEAKE BAY MEMORIES CHARITIES INC (EIN 412062179) - 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

2002

Legal Domicile

Principal Officer

Penelope Soteria

Phone

4109182225

Tax Period

2020-01-01 to 2020-12-31

CHESAPEAKE BAY MEMORIES CHARITIES INC, founded in 2002, is a micro nonprofit in the Human Services sector that reported $25K in total revenue in fiscal year 2020.

Mission

We are a 19 year old all-volunteer run charitable education organization that serves and strengthens the community through our high-caliber hands-on Chesapeake Bay watershed-focused educational, leadership, and community outreach programs afloat and ashore for youth ages 8 to 18. We're continuing to enthusiastically further our mission to ensure people are aware of Baltimore County's waterfront amenities while we enable access to sharing, experiencing, & understanding the Bay's multi-faceted significance hands-on, so more people become passionate & responsible stewards of our region's precious Chesapeake Bay. We are committed to ensuring that challenges don't prevent children from experiencing and learning hands-on about the Chesapeake Bay AND realizing their full potential.

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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 (2020)

Revenue Breakdown

Contributions & Grants $24,984

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $24,928

Other Expenses $24,928

TOTAL EXPENSES $24,928

Year-over-Year Comparison

	2020	2019	Change
Revenue	$24,984	$24,960	+0.0%
Expenses	$24,928	$24,819	+0.0%
Net Income	$56	$141	-0.6%

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

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
Penelope Soteria	Exec DirectorCEO	5	Officer	$0	$0	$0
Robert A Sersen Jr	Vice President	1	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
2020	$24,984	$24,928	$10,000	$56
2019	$24,960	$24,819	$11,123	$141

CHESAPEAKE BAY MEMORIES CHARITIES INC