BAHAMAS MARINE ECOCENTRE (EIN 464866535) - 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

2014

Legal Domicile

Principal Officer

Ruth Pamela Reid

Phone

3052380186

Tax Period

2023-01-01 to 2023-12-31

BAHAMAS MARINE ECOCENTRE, founded in 2014, is a small nonprofit in the Environment sector that reported $425K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $114K, a strong 27% operating margin.

Mission

Research and Education: Bahamas Marine EcoCentre focuses on marine science education and research and promotes scientific and artistic activities that foster environmental stewardship. In 2023, activities were focused in three geographic areas: Bahamas, Western Australia, and Northern Chile, as outlined in Lines 28-30. Research on gypsum depositional system in lagoons in the Atacama Desert, which initiated as a consulting service in 2017, became a funded research project in 2018. Supported by the Chilean mining company, SQM, BME is investigating the role of microbes in sedimentation in the desert lagoon systems.

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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 (2023)

Revenue Breakdown

Contributions & Grants $425,349

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $425,349

Expense Breakdown

Grants Paid $87,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $284,169

Other Expenses $224,007

TOTAL EXPENSES $311,507

Year-over-Year Comparison

	2023	2022	Change
Revenue	$425,349	$240,840	+0.8%
Expenses	$311,507	$288,456	+0.1%
Net Income	$113,842	$-47,616	-3.4%

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
Ruth Pamela Reid	President	10	Officer Director	$0	$0	$0
Alexander Tecle	Treasurer	1	Officer Director	$0	$0	$0
Peter Ortner	Director	1	Director	$0	$0	$0
Jamie Foster	Secretary	1	Officer 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
2023	$425,349	$311,507	$134,700	$113,842
2022	$240,840	$288,456	$20,858	$-47,616

BAHAMAS MARINE ECOCENTRE