MARYLAND WATERMENS ASSOCATION INC (EIN 520981860) - Form 990 Financial Analysis & Trantor Score

🔒

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

1973

Legal Domicile

Phone

2025809377

Tax Period

2024-07-01 to 2025-06-30

MARYLAND WATERMENS ASSOCATION INC, founded in 1973, is a small nonprofit that reported $268K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $250K left a modest 7% surplus.

Mission

WORKING ON BEHALF OF THE PEOPLE WHO EARN THERE LIVING WORKING THE WATERS OF MARYLAND AND TO FURTHER THE INTERESTS OF ALL WHO DERIVE BEAUTY AND BENEFIT FROM MARYLANDS CHESAPEAKE BAY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $106,647

Program Service Revenue $161,769

Investment Income $3

Other Revenue $0

TOTAL REVENUE $268,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,863

Fundraising Expenses $0

Program Expenses $218,880

Other Expenses $172,504

TOTAL EXPENSES $250,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,419	$246,203	+0.1%
Expenses	$250,367	$209,164	+0.2%
Net Income	$18,052	$37,039	-0.5%

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

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
WILLIAM KILINSKI	TREASURER	5.00	Officer	$0	$0	$0
WILLIAM SCERBO	SECOND VICE PRESIDENT	5.00	Officer	$0	$0	$0
RUSSELL DIZE	FIRST VICE PRESIDENT	5.00	Officer	$0	$0	$0
ROBERT BROWN	PRESIDENT	20.00	Highest	$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	$268,419	$250,367	$330,782	$18,052
2024	$246,203	$209,164	$336,570	$37,039
2023	$220,096	$210,809	$271,769	$9,287
2022	$94,952	$105,393	No data	$-10,441
2021	$98,984	$84,139	$263,743	$14,845

MARYLAND WATERMENS ASSOCATION INC