Quahog Bay Conservation

🔒

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

2014

Legal Domicile

Principal Officer

Patrick Scanlan

Phone

3122622074

Tax Period

2023-01-01 to 2023-12-31

Quahog Bay Conservation, founded in 2014, is a small nonprofit in the Environment sector that reported $539K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $276K, a strong 51% operating margin.

Mission

of safe shellfish harvesting opportunities for both commercial and recreational users. QBC has established a series of specific activities which will attempts to: Mitigate the negative impacts of the Bay and Educate public users to protect the Bay.

Program Service Accomplishments

Program 1

Expenses: $188,173 Revenue: $30,298

Mitigation Activities - QBC is involved with many different aquatic pollution and invasive species mitigation projects.First: QBC has been removing, and will continue to remove, trash at the surface by boat, and trash and debris below the surface by scuba divers. This will improve the water quality in this area.Second: QBC maintains and operates a Septic Pump Out Boat, which provides a free service for traveling boat cruisers, giving them the opportunity to have their septic holding tanks pumped rather than blowing them out at sea.

Program 2

Third: QBC is one of Maine's largest Invasive Green Crab trappers. QBC traps approximately 10,000 lbs. of Invasive Green Crabs out of Quahog Bay yearly.Fourth: QBC routinely performs stationary water sampling within Quahog Bay. Thesesamples are tested for pollutants, data is documented and shared with the State of Maine Marine Research Groups.Fifth: QBC has launched an Oyster farm within Quahog Bay. Each oyster filters 50 gallons of bay water per day and when they reach maturity, will be sold and profits go directly back into QBC.

🔒

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 $486,579

Program Service Revenue $30,298

Investment Income $21,769

Other Revenue $0

TOTAL REVENUE $538,646

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $121,019

Fundraising Expenses $21,369

Program Expenses $188,173

Other Expenses $132,011

TOTAL EXPENSES $263,030

Year-over-Year Comparison

	2023	2022	Change
Revenue	$538,646	$496,352	+0.1%
Expenses	$263,030	$304,458	-0.1%
Net Income	$275,616	$191,894	+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

Employees

Volunteers

N/A

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

$7,803

Total Directors