SEA OF SOLIDARITY INC

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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

2015

Legal Domicile

Principal Officer

MARIA TRAN

Phone

2027168920

Tax Period

2019-01-01 to 2019-12-31

SEA OF SOLIDARITY INC, founded in 2015, is a micro nonprofit that reported $48K in total revenue in fiscal year 2019. Revenue decreased 19% compared to the prior year. Expenses of $58K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE ORGANIZATION PROVIDES INTERNATIONAL HUMANITARIAN SERVICES FOR DISPLACED AND SUFFERING INDIVIDUALS. THROUGH FUND RAISING EFFORTS, THE ORGANIZATION WILL PURCHASE AND DISTRIBUTE FOOD, BLANKETS, MEDICAL CARE AND SIMILAR ITEMS FOR SUFFERING INDIVIDUALS IN GREECE AND OTHER COUNTRIES.

Program Service Accomplishments

Program 1

Expenses: $53,000

THE ORGANIZATION PROVIDES INTERNATIONAL HUMANITARIAN SERVICES FOR DISPLACED AND SUFFERING INDIVIDUALS. THROUGH FUND RAISING EFFORTS, THE ORGANIZATION WILL PURCHASE AND DISTRIBUTE FOOD, BLANKETS...

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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 (2019)

Revenue Breakdown

Contributions & Grants $47,596

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $47,596

Expense Breakdown

Grants Paid $48,854

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,000

Other Expenses $8,896

TOTAL EXPENSES $57,750

Year-over-Year Comparison

	2019	2018	Change
Revenue	$47,596	$58,806	-0.2%
Expenses	$57,750	$74,063	-0.2%
Net Income	$-10,154	$-15,257	-0.3%

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
FIONA GALLAGHER-PAYET	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ADAM ROSSER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARIA TRAN	PRESIDENT/TR	1.00	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
2019	$47,596	$57,750	No data	$-10,154
2018	$58,806	$74,063	$10,154	$-15,257