POCOMOKE BOAT DOCKING ASSOCIATION (EIN 462547244) - 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

2017

Legal Domicile

Principal Officer

MIKE SHANNON

Phone

4107265777

Tax Period

2018-01-01 to 2018-12-31

POCOMOKE BOAT DOCKING ASSOCIATION, founded in 2017, is a micro nonprofit in the Public & Societal Benefit sector that reported $16K in total revenue in fiscal year 2018. Revenue surged 187% from the prior year, signaling strong growth momentum. The organization ran a surplus of $13K, a strong 80% operating margin.

Mission

THE ASSOCIATION WAS FORMED BY VOLUNTEERS TO RAISE MONEY TO SUPPORT A BOAT DOCKING EVENT FOR THE TOWN OF POCOMOKE, WITH HOPES TO INSPIRE THE COMMUNITY THROUGH DONATIONS AND A SCHOLARSHIP FUND.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $16,079

TOTAL REVENUE $16,079

Expense Breakdown

Grants Paid $1,150

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,999

Other Expenses $2,099

TOTAL EXPENSES $3,249

Year-over-Year Comparison

	2018	2017	Change
Revenue	$16,079	$5,609	+1.9%
Expenses	$3,249	$1,182	+1.7%
Net Income	$12,830	$4,427	+1.9%

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

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
MIKE SHANNON	PRESIDENT	1.00	Officer	$0	$0	$0
ROBBIE FISHER	VICE PRESIDE	1.00	Officer	$0	$0	$0
JOY BIRCH	TREASURER	1.00	Officer	$0	$0	$0
JEN POWELL	SECRETARY	1.00	Officer	$0	$0	$0
SHERRI GLOVIER	2ND TREASURE	1.00	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
2018	$16,079	$3,249	$46,162	$12,830

POCOMOKE BOAT DOCKING ASSOCIATION