OCEAN REEF ART LEAGUE INC (EIN 592059761) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Phone

3053672359

Tax Period

2024-07-01 to 2025-06-30

OCEAN REEF ART LEAGUE INC, founded in 1979, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.1M left a modest 12% surplus.

Mission

EDUCATION OF THE ARTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $593,843

Program Service Revenue $286,641

Investment Income $291,913

Other Revenue $23,054

TOTAL REVENUE $1,195,451

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,346

Fundraising Expenses $87,016

Program Expenses $816,726

Other Expenses $688,692

TOTAL EXPENSES $1,053,038

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,195,451	$1,598,673	-0.3%
Expenses	$1,053,038	$974,922	+0.1%
Net Income	$142,413	$623,751	-0.8%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

150

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

$82,976

Total Directors

$156,427

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRI D HARRIS	Director	40.00	Director	$130,938	$25,489	$156,427
NICOLE MELLEY	Director	40.00	Officer	$62,920	$20,056	$82,976
LINDA KAPLAN	President	5.00	Officer	$0	$0	$0
GUIDA FERNANDEZ	Secretary	5.00	Officer	$0	$0	$0
DEBORAH GELLER	Vice President	5.00	Officer	$0	$0	$0
EDWARD FERRARONE	Treasurer	5.00	Officer	$0	$0	$0
THOMAS MACKELL	EX OFICIO	5.00	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	$1,195,451	$1,053,038	$12,343,280	$142,413
2024	$1,598,673	$974,922	$11,338,187	$623,751
2023	$1,765,277	$869,933	$10,771,704	$895,344
2022	$1,258,046	$869,121	$10,228,516	$388,925
2021	$977,973	$595,356	$11,075,210	$382,617
2020	$699,547	$700,670	$9,728,940	$-1,123
2019	$1,035,023	$711,876	$9,603,840	$323,147

OCEAN REEF ART LEAGUE INC