BOATUS FOUNDATION (EIN 541156448) - 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

1976

Legal Domicile

Principal Officer

HEATHER LOUGHEED

Phone

8002452628

Tax Period

2024-01-01 to 2024-12-31

BOATUS FOUNDATION, founded in 1976, is a community nonprofit in the Public Safety sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $3.8M left a modest 5% surplus.

Mission

BOATU.S. FOUNDATION IS AN INNOVATIVE LEADER PROMOTING SAFE, CLEAN, AND RESPONSIBLE BOATING.

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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 $2,688,346

Program Service Revenue $927,301

Investment Income $438,175

Other Revenue $4,980

TOTAL REVENUE $4,058,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $982,902

Fundraising Expenses $284,466

Program Expenses $3,143,385

Other Expenses $2,865,925

TOTAL EXPENSES $3,848,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,058,802	$2,578,142	+0.6%
Expenses	$3,848,827	$3,539,115	+0.1%
Net Income	$209,975	$-960,973	-1.2%

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

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

$226,115

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES ELLIS	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT PUTNAM	TRUSTEE	1.00	Director	$0	$0	$0
JANICE HOBART	TRUSTEE	1.00	Director	$0	$0	$0
BERNADETTE BERNON	TRUSTEE	1.00	Director	$0	$0	$0
RUTH WOOD	TRUSTEE	1.00	Director	$0	$0	$0
BOB ADRIANCE	TRUSTEE	1.00	Director	$0	$0	$0
TAMMY MOORE	CHAIRMAN PRESIDENT & COO	1.00	Officer Director	$0	$0	$0
TED SENSENBRENNER	TREASURER	40.00	Officer	$0	$0	$118,636
HEATHER LOUGHEED	PRESIDENT	1.00	Officer	$0	$0	$0
ALAN DENNISON	SECRETARY	40.00	Officer	$0	$0	$107,479

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	$4,058,802	$3,848,827	$2,041,714	$209,975
2023	$2,578,142	$3,539,115	$2,030,650	$-960,973
2022	$3,087,053	$3,590,880	$2,346,168	$-503,827
2021	$3,240,469	$3,255,722	$2,787,236	$-15,253
2020	$2,676,892	$2,527,481	$2,666,023	$149,411
2019	$2,735,764	$2,143,181	$2,276,072	$592,583
2018	$2,256,414	$2,208,740	$1,714,733	$47,674

BOATUS FOUNDATION