CHURCH BY THE SEA FOUNDATION INC (EIN 593202072) - 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

1993

Legal Domicile

Principal Officer

Margaret Simmons

Phone

7272241041

Tax Period

2024-01-01 to 2024-12-31

CHURCH BY THE SEA FOUNDATION INC, founded in 1993, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $67K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $41K, a strong 61% operating margin.

Mission

Invest the funds of the Foundation for the primary purpose of providing income to the Gulf Beaches Church by the Sea, to help provide support for the operations of the Church. All ordinary income investment income, less 10%, which is reinvested for growth, is distributed to the Gulf Beaches Church by the Sea.

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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 $10,000

Program Service Revenue $0

Investment Income $57,366

Other Revenue $0

TOTAL REVENUE $67,366

Expense Breakdown

Grants Paid $26,256

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,256

Other Expenses $61

TOTAL EXPENSES $26,317

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,366	$40,303	+0.7%
Expenses	$26,317	$25,733	+0.0%
Net Income	$41,049	$14,570	+1.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William England -deceased in 2025	President, Director	2	Officer Director	$0	$0	$0
Thomas Stoner	Vice President, Director	1	Officer Director	$0	$0	$0
Steven Wotovich	Secretary, Director	1	Officer Director	$0	$0	$0
Margaret Simmons	Treasurer, Director	2	Officer Director	$0	$0	$0
Michael Wyckoff	Director	1	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	$67,366	$26,317	$819,809	$41,049
2023	$40,303	$25,733	$771,945	$14,570
2022	$41,473	$25,116	$707,823	$16,357
2021	$49,652	$25,103	$895,907	$24,549
2020	$36,870	$26,016	$853,918	$10,854

CHURCH BY THE SEA FOUNDATION INC