MEBA MERCHANT MARINE MEMORIAL FOUNDATION INC (EIN 522307014) - 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

2001

Legal Domicile

Principal Officer

ROLAND REXHA

Phone

4108229600

Tax Period

2020-01-01 to 2020-12-31

MEBA MERCHANT MARINE MEMORIAL FOUNDATION INC, founded in 2001, is a micro nonprofit in the Education sector that reported $4K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year. Expenses of $35K exceeded revenue, resulting in a 706% operating deficit.

Mission

TO BUILD AND SUPPORT A MEMORIAL THAT PAYS TRIBUTE TO FALLEN SEAFARERS, THEIR FRIENDS, FAMILIES, AND THE MARITIME INDUSTRY AS A WHOLE. THIS MEMORIAL PROVIDES AN OPPORTUNITY TO HONOR THE COURAGEOUS MEN AND WOMEN WHO FORM THE HERITAGE OF THE UNITED STATES MERCHANT MARINE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $832

Program Service Revenue $2,428

Investment Income $87

Other Revenue $1,050

TOTAL REVENUE $4,397

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,362

Other Expenses $35,456

TOTAL EXPENSES $35,456

Year-over-Year Comparison

	2020	2019	Change
Revenue	$4,397	$4,886	-0.1%
Expenses	$35,456	$40,302	-0.1%
Net Income	$-31,059	$-35,416	-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

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

$171,925

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM VAN LOO	CHAIRMAN	1.00	Officer	$0	$0	$0
EDWARD HANLEY	VICE PRESIDENT	1.00	Officer	$0	$0	$0
FREDERICK SIMONSON	TREASURER	2.00	Officer	$0	$0	$0
WILLIAM CADDEN	ASST. SECRETARY	2.00	Officer	$0	$0	$0
JOHN SULLIVAN	ASST. SECRETARY	2.00	Officer	$0	$0	$0
HENRY M AINLEY	PRESIDENT	1.00	Officer	$0	$0	$0
CHUCK ESER	SECRETARY	2.00	Officer	$0	$38,346	$171,925

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
2020	$4,397	$35,456	$517,384	$-31,059
2019	$4,886	$40,302	$548,172	$-35,416
2018	$18,615	$37,158	$582,994	$-18,543

MEBA MERCHANT MARINE MEMORIAL FOUNDATION INC