ALTASEA AT THE PORT OF LOS ANGELES (EIN 463977904) - 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

TERRY TAMMINEN

Phone

4242104320

Tax Period

2024-01-01 to 2024-12-31

ALTASEA AT THE PORT OF LOS ANGELES, founded in 2013, is a mid-sized nonprofit in the Science & Technology sector that reported $18.3M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.1M, a strong 66% operating margin.

Mission

ACCELERATE SCIENTIFIC COLLABORATION, FACILITATE JOB CREATION FOR A MORE SUSTAINABLE OCEAN

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $17,036,413

Program Service Revenue $974,225

Investment Income $6,624

Other Revenue $273,634

TOTAL REVENUE $18,290,896

Expense Breakdown

Grants Paid $300,000

Salaries & Benefits $2,319,937

Fundraising Expenses $896,989

Program Expenses $4,426,851

Other Expenses $3,315,894

TOTAL EXPENSES $6,160,979

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,290,896	$15,181,292	+0.2%
Expenses	$6,160,979	$4,499,922	+0.4%
Net Income	$12,129,917	$10,681,370	+0.1%

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

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

$955,634

Total Directors

$637,362

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROLYN HULL	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA HIRSCHORN	DIRECTOR	1.00	Director	$0	$0	$0
DOANE LIU	DIRECTOR	1.00	Director	$0	$0	$0
ERIC JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
GERALDINE KNATZ	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY THORPE	BOARD CHAIR/DIRECTOR	1.00	Director	$0	$0	$0
JOHN MOLINA	DIRECTOR	1.00	Director	$0	$0	$0
MARTY BLANK	DIRECTOR	1.00	Director	$0	$0	$0
MATT HORTON	DIRECTOR	1.00	Director	$0	$0	$0
MONIQUE JOHNSON	TREASURER/DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA RAMOS	SECRETARY/DIRECTOR	1.00	Director	$0	$0	$0
TARA ROTH	DIRECTOR	1.00	Director	$0	$0	$0
WENTY NEU	DIRECTOR	1.00	Director	$0	$0	$0
YEHUDI GAFFEN	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE LUNDQUIST	DIRECTOR	1.00	Director	$0	$0	$0
SHARNELL BLEVINS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MOLINA	DIRECTOR	1.00	Director	$0	$0	$0
TERRY TAMMINEN	PRESIDENT/CEO	40.00	Officer Director	$368,957	$1,764	$370,721
JENNY KRUSOE	EVP/COO	40.00	Officer Director	$257,851	$8,790	$266,641
CHARMIAN HAUCK	CFO (UNTIL 10/2024)	40.00	Officer	$188,765	$7,707	$196,472
STEVE ROCHMAN	INTERIM CFO (FROM 9/2024)	40.00	Officer	$121,800	$0	$121,800

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	$18,290,896	$6,160,979	$41,406,960	$12,129,917
2023	$15,181,292	$4,499,922	$35,181,899	$10,681,370
2022	$5,539,455	$3,410,096	$19,304,192	$2,129,359
2021	$2,313,467	$1,688,566	$13,326,843	$624,901
2020	$2,057,913	$1,444,206	$12,742,293	$613,707
2019	$5,533,406	$1,359,620	$12,372,938	$4,173,786
2018	$3,274,692	$1,681,456	$8,194,024	$1,593,236

ALTASEA AT THE PORT OF LOS ANGELES