AZOREAN MARITIME HERITAGE SOCIETY (EIN 542127088) - 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

2003

Legal Domicile

Principal Officer

Paula N Rioux

Phone

5089676921

Tax Period

2024-01-01 to 2024-12-31

AZOREAN MARITIME HERITAGE SOCIETY, founded in 2003, is a small nonprofit in the Arts, Culture & Humanities sector that reported $394K in total revenue in fiscal year 2024. Revenue surged 158% from the prior year, signaling strong growth momentum. The organization ran a surplus of $278K, a strong 71% operating margin.

Mission

The purpose of the corporation is to educate the public about Azorean maritime history and Azorean culture, and especially the skills and crafts related to Azorean whaling history and seamanship.

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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 $386,889

Program Service Revenue $0

Investment Income $6,892

Other Revenue $0

TOTAL REVENUE $393,781

Expense Breakdown

Grants Paid $9,500

Salaries & Benefits $0

Fundraising Expenses $10,988

Program Expenses $26,978

Other Expenses $106,445

TOTAL EXPENSES $115,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$393,781	$152,765	+1.6%
Expenses	$115,945	$82,036	+0.4%
Net Income	$277,836	$70,729	+2.9%

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

100

Independent Members

100

Employees

N/A

Volunteers

100

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
Donald Rei	President, Director	20	Officer Director	$0	$0	$0
Lara Harrington	Vice President, Director	16	Officer Director	$0	$0	$0
Susan Curado	Secretary, Director	3	Officer Director	$0	$0	$0
Barbara Traban	Treasurer, Director	6	Officer Director	$0	$0	$0
Lourdes Hilario	Director	4	Director	$0	$0	$0
Lucilia Amaral	Director	4	Director	$0	$0	$0
Jennie Gomes	Director	6	Director	$0	$0	$0
James Mello	Director	4	Director	$0	$0	$0
Chad Farland	Director	4	Director	$0	$0	$0
Kate Miller	Director	8	Director	$0	$0	$0
Dyan Kieltyka	Director	4	Director	$0	$0	$0
James Russell	Director	1	Director	$0	$0	$0
Paula Noversa	Director	4	Director	$0	$0	$0
Fernando Viveiros	Director	4	Director	$0	$0	$0
Paul Krause	Director	4	Director	$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	$393,781	$115,945	$776,440	$277,836
2023	$152,765	$82,036	$598,328	$70,729
2022	$222,675	$99,692	$526,267	$122,983

AZOREAN MARITIME HERITAGE SOCIETY