MARINE EDUCATION INITIATIVE INC (EIN 453862555) - 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

2012

Legal Domicile

Principal Officer

NICHOLAS METROPULOS

Phone

5614055576

Tax Period

2023-01-01 to 2023-12-31

MARINE EDUCATION INITIATIVE INC, founded in 2012, is a small nonprofit in the Recreation & Sports sector that reported $580K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $833K exceeded revenue, resulting in a 44% operating deficit.

Mission

EDUCATES AND INSPIRES THE NEXT GENERATION TO PRESERVE MARINE ECOSYSTEMS FOR THE FUTURE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $626,695

Program Service Revenue $11,052

Investment Income $-76,916

Other Revenue $19,330

TOTAL REVENUE $580,161

Expense Breakdown

Grants Paid $211,079

Salaries & Benefits $253,092

Fundraising Expenses $0

Program Expenses $729,943

Other Expenses $368,764

TOTAL EXPENSES $832,935

Year-over-Year Comparison

	2023	2022	Change
Revenue	$580,161	$392,910	+0.5%
Expenses	$832,935	$253,317	+2.3%
Net Income	$-252,774	$139,593	-2.8%

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

Volunteers

500

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

$80,743

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW PURSEL	TRUSTEE	5.00	Director	$0	$0	$0
ADAM GABAY	TRUSTEE	5.00	Director	$0	$0	$0
VALENTINE THOMAS	TRUSTEE	5.00	Director	$0	$0	$0
NATALIE MIAOULIS	TRUSTEE	5.00	Director	$0	$0	$0
LUCAS METROPULOS	PRESIDENT	20.00	Officer	$0	$0	$0
JUAN PELLERANO	VICE PRESIDENT	5.00	Officer	$0	$0	$0
MATTHEW MCKAY	TREASURER	5.00	Officer	$0	$0	$0
TYLER PAPERA	SECRETARY	5.00	Officer	$0	$0	$0
NICHOLAS METROPULOS	EXECUTIVE DIRECTOR	40.00	Officer	$80,743	$0	$80,743

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	No data	No data	No data	No data
2023	$580,161	$832,935	$944,734	$-252,774
2022	$392,910	$253,317	$1,248,493	$139,593
2021	$556,401	$355,071	$657,635	$201,330
2020	$774,966	$415,790	$456,152	$359,176
2019	$282,515	$254,766	$96,347	$27,749

MARINE EDUCATION INITIATIVE INC