Ocean Shores Food Bank (EIN 463480003) - 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

2013

Legal Domicile

Principal Officer

Lorraine L Hardin

Phone

3602892171

Tax Period

2025-01-01 to 2025-12-31

Ocean Shores Food Bank, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $668K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $113K, a strong 17% operating margin.

Mission

Our mission is that no one in the community goes hungry.

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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 (2025)

Revenue Breakdown

Contributions & Grants $625,811

Program Service Revenue $0

Investment Income $10,326

Other Revenue $31,907

TOTAL REVENUE $668,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $219

Program Expenses $515,546

Other Expenses $555,010

TOTAL EXPENSES $555,010

Year-over-Year Comparison

	2025	2024	Change
Revenue	$668,044	$720,324	-0.1%
Expenses	$555,010	$651,581	-0.1%
Net Income	$113,034	$68,743	+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
Sandy Harley	Executive Director	30.00	Officer Director	$0	$0	$0
Steve Berry	President	20.00	Officer Director	$0	$0	$0
Jon Martin	Vice President	5.00	Officer Director	$0	$0	$0
Lorraine Hardin	Treasurer	20.00	Officer Director	$0	$0	$0
Jerry Rugh	Operations Manager	40.00	Director	$0	$0	$0
Sophia Meyzen	Secretary	10.00	Officer Director	$0	$0	$0
Sharon Fitzgerald	Director	15.00	Director	$0	$0	$0
Linda Murry	Director	5.00	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
2025	$668,044	$555,010	$1,139,451	$113,034
2024	$720,324	$651,581	$1,028,413	$68,743
2023	$569,268	$528,554	$959,670	$40,714
2022	$539,494	$510,460	$612,285	$29,034
2021	$632,493	$477,134	$675,392	$155,359
2020	$616,905	$463,449	$521,310	$153,456
2019	$415,381	$388,725	$356,715	$26,656
2018	$408,635	$381,087	$335,923	$27,548

Ocean Shores Food Bank