NORTHWEST MARINE TRADE ASSOCIATION HEALTH TRUST (EIN 462934809) - 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

2013

Legal Domicile

Principal Officer

GEORGE HARRIS

Phone

4256417762

Tax Period

2023-01-01 to 2023-12-31

NORTHWEST MARINE TRADE ASSOCIATION HEALTH TRUST, founded in 2013, is a mid-sized nonprofit in the Mutual Benefit sector that reported $15.1M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year.

Mission

THE PLAN PROVIDES HEALTH AND OTHER BENEFITS FOR ELIGIBLE EMPLOYEES AND THEIR DEPENDENTS.

🔒

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 $0

Program Service Revenue $15,132,934

Investment Income $15,524

Other Revenue $0

TOTAL REVENUE $15,148,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,006,843

Other Expenses $327,035

TOTAL EXPENSES $15,006,843

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,148,458	$18,421,836	-0.2%
Expenses	$15,006,843	$18,190,004	-0.2%
Net Income	$141,615	$231,832	-0.4%

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

N/A

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

$240,549

Total Directors

$240,549

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE HARRIS	CHAIRMAN	1.00	Officer Director	$0	$38,484	$240,549
KELLY HAWLEY	TRUSTEE	1.00	Director	$0	$0	$0
ALAN BOHLING	TRUSTEE	1.00	Director	$0	$0	$0
ALEX SUTTER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN LIVINGSTON	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$15,148,458	$15,006,843	$1,470,243	$141,615
2022	$18,421,836	$18,190,004	$1,481,181	$231,832
2021	$18,588,448	$19,265,643	$1,604,208	$-677,195
2020	$18,295,591	$18,351,044	$2,083,066	$-55,453
2019	$17,689,652	$18,041,869	$1,974,367	$-352,217
2018	$18,717,060	$19,237,457	$2,163,006	$-520,397

NORTHWEST MARINE TRADE ASSOCIATION HEALTH TRUST