NATIONAL MARITIME MUSEUM OF THE GULF OF MEXICO HOLDINGS II (EIN 472542511) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MARIETTA M URQUHART

Phone

2514368901

Tax Period

2023-01-01 to 2023-12-31

NATIONAL MARITIME MUSEUM OF THE GULF OF MEXICO HOLDINGS II, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $64K in total revenue in fiscal year 2018. Expenses of $320K exceeded revenue, resulting in a 400% operating deficit.

Mission

THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO OWN EXHIBITS AND OTHER ASSETS FOR THE BENEFIT OF THE NATIONAL MARITIME MUSEUM OF THE GULF OF MEXICO, A UNIQUE MARITIME THEMED MUSEUM.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $234,387

Other Expenses $234,387

TOTAL EXPENSES $234,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	$1,117,032	-1.0%
Expenses	$234,387	$296,008	-0.2%
Net Income	N/A	$821,024	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS BENDER	DIRECTOR	N/A	Director	$0	$0	$0
RAY H MILLER II	TREASURER	N/A	Officer Director	$0	$0	$0
S SLADE HOOKS JR	SECRETARY	N/A	Officer Director	$0	$0	$0
MICHAEL B LEE	DIRECTOR	N/A	Director	$0	$0	$0
MARIETTA M URQUHART	PRESIDENT	N/A	Officer Director	$0	$0	$0
BARRY A VITTOR	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	No data	$234,387	$2,729,156	No data
2022	$1,117,032	$296,008	$2,963,543	$821,024
2021	$71,996	$332,283	$3,385,023	$-260,287
2020	$50,000	$310,283	$3,652,548	$-260,283
2019	No data	$306,387	$3,900,331	No data
2018	$64,000	$319,844	$4,219,218	$-255,844

NATIONAL MARITIME MUSEUM OF THE GULF OF MEXICO HOLDINGS II