TMA BLUETECH

EIN: 463107708 Community Improvement

SAN DIEGO, CA

Total Revenue
$312,904
Total Expenses
$338,966
Total Assets
$141,791
Net Assets
$119,885
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
CA
Principal Officer
TIFFANY SCHMIDT
Phone
6194504600
Tax Period
2024-01-01 to 2024-12-31

TMA BLUETECH, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $313K in total revenue in fiscal year 2024.

Mission

TMA BLUETECH IS A NON-PROFIT INDUSTRY ASSOCATION AND CLUSTER ORGANIZER FOR THE SAN DIEGO MARITIME TECHNOLOGY COMMUNITY. IT'S TAG LINE IS PROMOTING BLUE TECH AND BLUE JOBS. WE BELIEVE IN CREATING BLUE TECH AND BLUE JOBS BY PROMOTING SUSTAINABLE, SCIENCE-BASED OCEAN AND WATER INDUSTRIES. WE BRING EDUCATION, POLICY AND TECHNOLOGY RESOURCES TOGETHER TO PROMOTE INNOVATION AND ECONOMIC DEVELOPMENT IN THE BLUE ECONOMY. WE CREATE STRONG BLUE VOICE VIA UNIQUE EVENTS, INFORMATION SHARING, NATIONAL AND INTERNATIONAL OUTREACH, NETWORKING, RESEARCH AND WORKFORCE DEVELOPMENT.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,805
Program Service Revenue $151,099
Investment Income $0
Other Revenue $0
TOTAL REVENUE $312,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $152,312
Fundraising Expenses $0
Other Expenses $186,654
TOTAL EXPENSES $338,966

Year-over-Year Comparison

2024 2023 Change
Revenue $312,904 $309,629 +0.0%
Expenses $338,966 $364,264 -0.1%
Net Income $-26,062 $-54,635 -0.5%
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

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Governance

Voting Members
22
Independent Members
21
Employees
N/A
Volunteers
2

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
3
$116,000
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDAN GRAY BOARD CHAIR 2.00
Officer Director
$0 $0 $0
TIFFANY SCHMIDT CFO 2.00
Officer Director
$0 $0 $0
JIM MULLEN BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX HALTERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA KUROKAWA SECRETARY 1.00
Director
$0 $0 $0
JACK PAN BOARD MEMBER 1.00
Director
$0 $0 $0
NICK ROTKER BOARD MEMBER 1.00
Director
$0 $0 $0
AMIT SINGH BOARD MEMBER 1.00
Director
$0 $0 $0
VANESSA SCOTT BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES MCFARLANE BOARD MEMBER 1.00
Director
$0 $0 $0
THALIA KRUGER BOARD MEMBER 1.00
Director
$0 $0 $0
DENNIS CALVERT BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN LOPES BOARD MEMBER 1.00
Director
$0 $0 $0
MICHEL BOUDRIAS BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM EMANUEL BOARD MEMBER 1.00
Director
$0 $0 $0
RICH HEIN BOARD MEMBER 1.00
Director
$0 $0 $0
NATE SACHDEVA BOARD MEMBER 1.00
Director
$0 $0 $0
TONY REID BOARD MEMBER 1.00
Director
$0 $0 $0
MANISHA DHAWAN BOARD MEMBER 1.00
Director
$0 $0 $0
MATT CLASSEN EXECUTIVE DIRECTOR 40.00
Officer
$116,000 $0 $116,000
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 $312,904 $338,966 $141,791 $-26,062
2023 $309,629 $364,264 $170,932 $-54,635
2022 $350,328 $309,050 $235,655 $41,278
2021 $250,063 $253,719 $188,757 $-3,656
2020 $249,093 $338,496 $205,527 $-89,403
2019 $693,949 $608,708 $264,070 $85,241
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