BOATING EDUCATION SEARCH & RESCUE & FRIENDS OF THE ENVIRONMENT INC

EIN: 472679005 501(c)(3) Public Safety

CLEARWATER, FL

Total Revenue
$23,392
Total Expenses
$41,434
Total Assets
$476,366
Net Assets
$476,366
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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
FL
Principal Officer
TIMOTHY J DOLAN
Phone
7275933959
Tax Period
2025-01-01 to 2025-12-31

BOATING EDUCATION SEARCH & RESCUE & FRIENDS OF THE ENVIRONMENT INC, founded in 2014, is a micro nonprofit in the Public Safety sector that reported $23K in total revenue in fiscal year 2025. Expenses of $41K exceeded revenue, resulting in a 77% operating deficit.

Mission

TO EDUCATE THE PUBLIC IN SAFETY OF LIFE AT SEA AND UPON THE NAVIGABLE WATERS; TO PROMOTE EFFICIENCY IN THE OPERATION OF BOATS AND YACHTS; TO FOSTER A WIDER KNOWLEDGE OF AND BETTER COMPLIANCE WITH THE LAWS, RULES AND REGULATIONS GOVERNING THE OPERATION OF BOATS AND YACHTS; TO EDUCATE AND TRAIN PERSONNEL SKILLED IN THE HANDLING OF BOATS AND YACHTS; TO PROMOTE ENVIRONMENTAL AWARENESS AND PROTECTION OF MARINE LIFE; AND TO EDUCATE AND TRAIN PERSONNEL IN THE USAGE AND CUSTOMS OF THE UNITED STATES COAST GUARD AND THE UNITED STATES COAST GUARD AUXILIARY.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,241
Program Service Revenue $0
Investment Income $2
Other Revenue $20,149
TOTAL REVENUE $23,392

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,434
Other Expenses $41,434
TOTAL EXPENSES $41,434

Year-over-Year Comparison

2025 2024 Change
Revenue $23,392 $23,708 0.0%
Expenses $41,434 $40,644 +0.0%
Net Income $-18,042 $-16,936 +0.1%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN BENNETT SECRETARY N/A
Officer
$0 $0 $0
TIMOTHY J DOLAN PRESIDENT N/A
Officer
$0 $0 $0
KAREN L MILLER TREASURER N/A
Officer
$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 $23,392 $41,434 $476,366 $-18,042
2024 $23,708 $40,644 $494,408 $-16,936
2023 $25,007 $37,115 $511,344 $-12,108
2022 $19,543 $36,689 $523,452 $-17,146
2021 $19,031 $28,412 $540,598 $-9,381
2020 $34,082 $34,068 $549,979 $14
2019 $12,793 $21,904 $499,962 $-9,111
2018 $13,433 $38,844 $509,073 $-25,411
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