COAST GUARD AUXILIARY ASSOCIATION … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

DALE E FAJARDO

Phone

6188235009

Tax Period

2023-11-01 to 2024-10-31

COAST GUARD AUXILIARY ASSOCIATION INC, founded in 1957, is a community nonprofit in the Public & Societal Benefit sector that reported $3.9M in total revenue in fiscal year 2023. Revenue surged 257% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 75% operating margin.

Mission

TO PROVIDE FOR THE FISCAL HEALTH OF THE U.S. COAST GUARD AUXILIARY THROUGH THE PROMOTION OF BOATING SAFETY INCLUDING EDUCATIONAL, OUTREACH AND OTHER PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $296,644 Revenue: $98,200

COAST GUARD AUXILIARY SUPPORT: THE ASSOCIATION PROVIDES VITAL SUPPORT AND RESOURCES TO VOLUNTEERS OF THE U.S. COAST GUARD AUXILIARY AND OPERATES THE AUXILIARY CENTER ('AUXCEN'), WHERE AUXILIARY UNITS AND MEMBERS CAN PURCHASE UNIFORM ITEMS, EQUIPMENT, EDUCATION COURSE MATERIALS, AND OTHER UNIT PRIDE ITEMS. THE ASSOCIATION ALSO PROVIDES RESOURCES TO SUPPORT THE RECREATIONAL BOATING SAFETY ACTIVITIES, PROJECTS, AND REGIONAL TRAINING EVENTS OF THE U.S. COAST GUARD AUXILIARY. THIS INCLUDES DIRECT GRANTMAKING FOR INITIATIVES SUCH AS MEMBER TRAINING, PUBLIC OUTREACH AND EDUCATION. WE SEEK TO ENSURE COAST GUARD AUXILIARY VOLUNTEERS ARE TRAINED, EQUIPPED, AND READY TO SERVE AS "YOUR" COMMUNITY'S TRUSTED BOATING SAFETY EXPERT.

Program 2

Expenses: $263,280 Revenue: $60,021

NATIONAL CONFERENCES: TWO NATIONAL CONFERENCES ARE TYPICALLY HELD EACH YEAR, OFFERING A COMPREHENSIVE PROGRAM OF TRAINING SESSIONS, WORKSHOPS, MEETINGS, ROUNDTABLES, AND FELLOWSHIP OPPORTUNITIES...

NATIONAL CONFERENCES: TWO NATIONAL CONFERENCES ARE TYPICALLY HELD EACH YEAR, OFFERING A COMPREHENSIVE PROGRAM OF TRAINING SESSIONS, WORKSHOPS, MEETINGS, ROUNDTABLES, AND FELLOWSHIP OPPORTUNITIES. NATIONAL CONFERENCE ("NACON") - THE U.S. COAST GUARD AUXILIARY'S NATIONAL CONFERENCE IN ORLANDO, FLORIDA. THE EVENT INCLUDES LEADERSHIP TRAINING OPPORTUNITIES AS WELL AS MEETINGS FOR THE NEXCOM, THE OPCOM, AND THE NATIONAL BOARD OF THE U.S. COAST GUARD AUXILIARY. NACON ALSO SERVES AS A FORUM FOR BIENNIAL ELECTIONS FOR THE AUXILIARY'S NATIONAL LEADERSHIP. DURING 2023, NACON WAS CANCELED EARLY DUE TO COVID-19 CASES AT THE EVENT. (CONTINUED ON SCHEDULE O)NATIONAL TRAINING CONFERENCE ("N-TRAIN") - THE U.S. COAST GUARD AUXILIARY'S NATIONAL TRAINING EVENT FOR SELECTED DISTRICT OFFICERS IN ST. LOUIS, MISSOURI. THE EVENT INCLUDES LEADERSHIP TRAINING OPPORTUNITIES AS WELL AS MEETINGS FOR THE NATIONAL EXECUTIVE COMMITTEE ("NEXCOM"), THE NATIONAL STAFF OPERATING COMMITTEE ("OPCOM"), AND THE NATIONAL BOARD OF THE U.S. COAST GUARD AUXILIARY. DURING 2024, N-TRAIN WAS CONDUCTED VIA A VIRTUAL EVENT, SIGNIFICANTLY REDUCING TRAVEL EXPENDITURES.

Program 3

Expenses: $196,366

RECREATIONAL BOATING SAFETY (RBS): IN 2023, THE ASSOCIATION PURCHASED DISPLAY RACKS TO DISTRIBUTE AUXILIARY RECREATIONAL BOATING SAFETY PAMPHLETS. CONTINUING RBS EFFORTS IN 2024, AND IN SUPPORT OF...

RECREATIONAL BOATING SAFETY (RBS): IN 2023, THE ASSOCIATION PURCHASED DISPLAY RACKS TO DISTRIBUTE AUXILIARY RECREATIONAL BOATING SAFETY PAMPHLETS. CONTINUING RBS EFFORTS IN 2024, AND IN SUPPORT OF THE AUXILIARY PADDLE SPORTS GRANT FROM THE COAST GUARD, THE ASSOCIATION ACQUIRED 42,000 SAFETY WHISTLES AND REFLECTOR KITS. THESE WILL BE DISTRIBUTED TO RECREATIONAL PADDLERS AS PART OF AN OUTREACH PROGRAM DESIGNED TO PROMOTE ON-WATER SAFETY. ADDITIONALLY, THE ASSOCIATION SPONSORED TWO AUXILIARY "TRAIN-THE-TRAINER" EVENTS FOCUSED ON PADDLE CRAFT, AIMING TO ENHANCE THE AUXILIARY'S CAPACITY TO EDUCATE THE PUBLIC ON BOATING SAFETY AND PADDLE CRAFT BOATING LAWS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,577,228

Program Service Revenue $60,021

Investment Income $128,581

Other Revenue $108,101

TOTAL REVENUE $3,873,931

Expense Breakdown

Grants Paid $141,922

Salaries & Benefits $113,840

Fundraising Expenses $5,209

Program Expenses $756,290

Other Expenses $701,348

TOTAL EXPENSES $957,110

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,873,931	$1,086,070	+2.6%
Expenses	$957,110	$988,653	0.0%
Net Income	$2,916,821	$97,417	+28.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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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
DALE E FAJARDO	PRESIDENT & CEO/DIRECTOR	10.00	Officer Director	$0	$0	$0
GUS FORMATO	CHAIRMAN/DIRECTOR (THRU 09/24)	5.00	Officer Director	$0	$0	$0
MARY KIRKWOOD	CHAIRMAN/DIRECTOR	5.00	Officer Director	$0	$0	$0
DAVID BARBER	CFO/DIRECTOR	10.00	Officer Director	$0	$0	$0
STANLEY FELDMAN	TREASURER & COO/DIRECTOR	10.00	Officer Director	$0	$0	$0
STEVE BUSTIN	DIRECTOR	2.00	Director	$0	$0	$0
TERRY CROSS	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS EDMONSTON	DIRECTOR	2.00	Director	$0	$0	$0
LARRY L KING	DIRECTOR	2.00	Director	$0	$0	$0
JAMES LOSI	DIRECTOR	2.00	Director	$0	$0	$0
ALEX MALEWSKI	DIRECTOR	2.00	Director	$0	$0	$0
VINCENT T PICA	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL J PAISLEY	SECRETARY/GENERAL COUNSEL	10.00	Officer	$0	$0	$0
JEFFREY GEDDES	CIO (THRU 01/24)	10.00	Officer	$0	$0	$0
RON BLAISDELL	CHIEF INFORMATION OFFICER	10.00	Officer	$0	$0	$0
LOUIS J DIGIUSTO III	CHIEF MARKETING OFFICER (THRU 01/24)	10.00	Officer	$0	$0	$0
RICK CORRALES	CHIEF MARKETING OFFICER	10.00	Officer	$0	$0	$0
SUZANNE HEMANN	CHIEF DEV. OFFICER (THRU 01/24)	10.00	Officer	$0	$0	$0
ANNE BRENGLE	CHIEF DEVELOPMENT OFFICER	10.00	Officer	$0	$0	$0
STEVE STRANEVA	VP, FINANCIAL AFFAIRS (THRU 01/24)	10.00	Officer	$0	$0	$0
DONNA MILLER	VICE PRESIDENT, FINANCIAL AFFAIRS	10.00	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
2024	$3,873,931	$957,110	$5,613,259	$2,916,821
2023	$1,086,070	$988,653	$2,664,646	$97,417
2022	$820,036	$901,098	$2,599,182	$-81,062
2021	$808,253	$433,585	$2,873,026	$374,668
2020	$917,121	$655,536	$2,377,371	$261,585
2019	$978,441	$913,056	$2,104,576	$65,385
2018	$1,018,577	$955,560	$2,004,738	$63,017

COAST GUARD AUXILIARY ASSOCIATION INC