SOCIETY OF ACCREDITED MARINE SURVEYORS (EIN 593084806) - 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

1991

Legal Domicile

Principal Officer

GARY FRANKOVICH

Phone

9043841494

Tax Period

2025-01-01 to 2025-12-31

SOCIETY OF ACCREDITED MARINE SURVEYORS, founded in 1991, is a small nonprofit that reported $657K in total revenue in fiscal year 2025.

Mission

A PROFESSIONAL MEMBERSHIP ORGANIZATION THAT OFFERS MEMBERSHIP TO THOSE INDIVIDUALS IN THE MARINE SURVEY PROFESSION, AND THOSE INDIVIDUALS AND CORPORATIONS INTERESTED IN THE MARINE SURVEYOR PROFESSION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $624,384

Investment Income $20,397

Other Revenue $12,295

TOTAL REVENUE $657,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $209,541

Fundraising Expenses $0

Other Expenses $475,774

TOTAL EXPENSES $685,315

Year-over-Year Comparison

	2025	2024	Change
Revenue	$657,076	$628,766	+0.0%
Expenses	$685,315	$744,344	-0.1%
Net Income	$-28,239	$-115,578	-0.8%

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

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

$80,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY FRANKOVICH	PRESIDENT	10.00	Officer Director	$0	$0	$0
CHARLES SOLAREK	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
RANDELL SHARPE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KENNETH WEINBRECHT	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
RICHARD REICHEISDORFER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
RHEA SHEA	EXECUTIVE DIRECTOR	40.00	Officer	$80,812	$0	$80,812

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	$657,076	$685,315	$608,971	$-28,239
2024	$628,766	$744,344	$636,945	$-115,578
2023	$640,601	$620,169	$745,607	$20,432
2022	$652,214	$630,941	$725,714	$21,273
2021	$495,309	$384,051	$700,434	$111,258
2020	$490,132	$435,554	$618,874	$54,578
2019	$868,811	$622,206	$686,051	$246,605
2018	$656,611	$603,396	$439,446	$53,215

SOCIETY OF ACCREDITED MARINE SURVEYORS