OCEAN CITY HOTEL MOTEL RESTAURANT ASSOCIATION INC (EIN 521044252) - Form 990 Financial Analysis & Trantor Score

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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

1973

Legal Domicile

Principal Officer

RUTH WATERS

Phone

4102896733

Tax Period

2024-01-01 to 2024-12-31

OCEAN CITY HOTEL MOTEL RESTAURANT ASSOCIATION INC, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $636K in total revenue in fiscal year 2024. The organization ran a surplus of $103K, a strong 16% operating margin.

Mission

PROMOTE COMMUNITY SERVICES TO MEMBERS

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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 (2024)

Revenue Breakdown

Contributions & Grants $108,121

Program Service Revenue $521,248

Investment Income $17,548

Other Revenue $-10,665

TOTAL REVENUE $636,252

Expense Breakdown

Grants Paid $52,800

Salaries & Benefits $192,272

Fundraising Expenses $0

Program Expenses $269,230

Other Expenses $288,403

TOTAL EXPENSES $533,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$636,252	$592,251	+0.1%
Expenses	$533,475	$466,821	+0.1%
Net Income	$102,777	$125,430	-0.2%

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

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
MEGAN ALVARDADO	DIRECTOR	N/A	Director	$0	$0	$0
JEREMY BRINK	DIRECTOR	N/A	Director	$0	$0	$0
WES HANNA	DIRECTOR	N/A	Director	$0	$0	$0
NADINE HORSEY	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL JAMES	DIRECTOR	N/A	Director	$0	$0	$0
MELISSA LAWS	DIRECTOR	N/A	Director	$0	$0	$0
CHAD OLENCHICK	DIRECTOR	N/A	Director	$0	$0	$0
DAVE ROBINSON	DIRECTOR	N/A	Director	$0	$0	$0
RICK STAUB	DIRECTOR	N/A	Director	$0	$0	$0
DAN JASINSKI	1ST VICE PRE	3.00	Officer	$0	$0	$0
COLE TAUSTIN	2ND VICE PRE	3.00	Officer	$0	$0	$0
RUTH WATERS	PRESIDENT	3.00	Officer	$0	$0	$0
KEITH WHISENANT	SECRETARY TR	3.00	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	No data	No data	No data	No data
2024	$636,252	$533,475	$674,397	$102,777
2023	$592,251	$466,821	$575,970	$125,430
2022	$504,247	$364,172	$450,978	$140,075
2021	$380,772	$267,460	$314,169	$113,312
2020	$312,862	$295,842	$200,857	$17,020
2019	$528,956	$508,156	$183,956	$20,800
2018	$452,567	$528,309	$163,553	$-75,742

OCEAN CITY HOTEL MOTEL RESTAURANT ASSOCIATION INC