MARINE RESOURCES COUNCIL OF EAST FLORIDA INC (EIN 593030066) - 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

1990

Legal Domicile

Principal Officer

LAURA WILSON DR

Phone

3217257775

Tax Period

2024-01-01 to 2024-12-31

MARINE RESOURCES COUNCIL OF EAST FLORIDA INC, founded in 1990, is a small nonprofit in the Environment sector that reported $576K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. Expenses of $745K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MISSION OF THE MARINE RESOURCES COUNCIL (MRC) IS TO MAINTAIN AND ENHANCE THE QUALITY OF MARINE SYSTEMS FOR THE ECONOMIC, RECREATIONAL, AESTHETIC, AND ENVIRONMENTAL USE FOR THE PEOPLE OF FLORIDA

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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 $451,939

Program Service Revenue $72,186

Investment Income $15,307

Other Revenue $36,626

TOTAL REVENUE $576,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $315,319

Fundraising Expenses $96,925

Program Expenses $522,697

Other Expenses $429,187

TOTAL EXPENSES $744,506

Year-over-Year Comparison

	2024	2023	Change
Revenue	$576,058	$339,865	+0.7%
Expenses	$744,506	$584,720	+0.3%
Net Income	$-168,448	$-244,855	-0.3%

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

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

$62,670

Total Directors

$62,670

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA WILSON	EXECUTIVE DIRECTOR	40.00	Officer Director	$62,670	$0	$62,670
ROGER HICKMAN	DIRECTOR	0.50	Director	$0	$0	$0
DAVID A MARLEY JR	DEVELOPMENT COMMITTEE CHAIR	0.50	Director	$0	$0	$0
JEFFREY SMITH	DIRECTOR	0.50	Director	$0	$0	$0
CAMILLE HADLEY	DIRECTOR	0.50	Director	$0	$0	$0
DEBORAH KEARNEY	DIRECTOR	0.50	Director	$0	$0	$0
DAVID E MANNES	DIRECTOR	0.50	Director	$0	$0	$0
CAREY MOORHEAD	DIRECTOR	0.50	Director	$0	$0	$0
MARK PRIEBE	DIRECTOR	0.50	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	$576,058	$744,506	$994,089	$-168,448
2023	$339,865	$584,720	$870,866	$-244,855
2022	$701,602	$778,956	$1,076,735	$-77,354
2021	$991,725	$638,489	$1,177,008	$353,236
2020	$844,060	$664,803	$833,320	$179,257
2019	$740,055	$884,830	$492,492	$-144,775
2018	$1,048,724	$878,929	$628,176	$169,795

MARINE RESOURCES COUNCIL OF EAST FLORIDA INC