MERRITT ISLAND WILDLIFE ASSOCIATION

🔒

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

Principal Officer

CHERYL FORD

Phone

3218612377

Tax Period

2023-10-01 to 2024-09-30

MERRITT ISLAND WILDLIFE ASSOCIATION is a small nonprofit in the Animal-Related sector that reported $214K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $489K represent 27 months of operating reserves.

Mission

TO PROMOTE CONSERVATION AWARENESS AND APPRECIATION OF THE MERRITT ISLAND NATIONAL WILDLIFE REFUGE AND TO PROVIDE ASSISTANCE TO REFUGE PROGRAMS

Program Service Accomplishments

Program 1

Expenses: $11,900

MERRITT ISLAND WILDLIFE ASSOCIATION IS ASSISTING THE MERRITT ISLAND NATIONAL WILDLIFE REFUGE WITH THE CONSTRUCTION OF THE NEW COMMUNITY CONSERVATION AND EDUCATION CENTER BY PROVIDING FUNDING FOR THE INDOOR AND OUTDOOR EDUCATION EXHIBITS. MERRITT ISLAND WILDLIFE ASSOCIATION IS RECEIVING GRANT FUNDS FROM THE BREVARD COUNTY TOURIST DEVELOPMENT COMMISSION TO SUPPORT THE FUNDING OF THESE EXHIBITS. MERRITT ISLAND WILDLIFE ASSOCIATION HAS BEGUN RECEIVING THE OUTDOOR EXHIBITS AND IS STORING THOSE ON MERRITT ISLAND NWR PREMISES UNTIL THE CONSTRUCTION OF THE COMMUNITY CONSERVATION AND EDUCATION CENTER CONSTRUCTION IS READY FOR THE OUTDOOR INSTALLATION. THE INDOOR EXHIBITS HAVE BEEN DESIGNED AND ORDERED AND ARE AWAITING INSTALLATION.

Program 2

Expenses: $8,390 Revenue: $17,747

MERRITT ISLAND WILDLIFE ASSOCIATION PROVIDES THE FUNDING FOR SELECT YOUTH AND GUEST PROGRAMS MERRITT ISLAND NWR. THESE PROGRAMS ASSIST MERRITT ISLAND NWR STAFF PROVIDE MATERIALS AND SNACKS TO YOUTH AND ADULT PROGRAMS. IN FISCAL YEAR (FY) 2024, MERRITT ISLAND WILDLIFE ASSOCIATION RAISED FUNDS FOR THE REPAIR AND UPGRADE OF OUR SENDLER EDUCATION OUTPOST EDUCATION PAVILION. THE OUTPOST IS UTILIZED FOR SCOUTING TROOP CAMP OUTS, COMMUNITY WILDLIFE & CONSERVATION EDUCATION PROGRAMS, ARCHERY TRAINING, AND HOME SCHOOL LEARNING ACTIVITES. THE CONSTRUCTION PROJECT WILL BE COMPLETED IN FISCAL YEAR 2025. THE FUNDS RAISED WILL BE UTILIZED TO COMPLETE STRUCTURAL DAMAGE REPAIRS, STRENGTHEN SITE SAFETY, AND ENHANCE THE PAVILION FUNCTIONALITY TO CREATE AN OUTDOOR DISCOVERY HUB.

Program 3

Expenses: $3,000 Revenue: $1,390

MERRITT ISLAND WILDLIFE ASSOCIATION PROVIDES THE FUNDING FOR AN INTERN TO LEAD SEA TURTLE WALKS FOR THE MERRITT ISLAND NWR AT THE CANAVERAL NATIONAL SEASHORE. 296 PARTICIPANTS ATTENDED THESE WALKS...

MERRITT ISLAND WILDLIFE ASSOCIATION PROVIDES THE FUNDING FOR AN INTERN TO LEAD SEA TURTLE WALKS FOR THE MERRITT ISLAND NWR AT THE CANAVERAL NATIONAL SEASHORE. 296 PARTICIPANTS ATTENDED THESE WALKS OVER THE SEASON AND LEARNED ABOUT OUR ENDANGERED SEA TURTLES AND THE IMPORTANCE OF PROTECTING THEIR HABITAT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $90,195

Program Service Revenue $5,714

Investment Income $7,194

Other Revenue $111,050

TOTAL REVENUE $214,153

Expense Breakdown

Grants Paid $1,449

Salaries & Benefits $153,507

Fundraising Expenses $1,420

Program Expenses $122,510

Other Expenses $56,330

TOTAL EXPENSES $211,600

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,153	$490,446	-0.6%
Expenses	$211,600	$524,897	-0.6%
Net Income	$2,553	$-34,451	-1.1%

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

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

$1,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROCHELLE HOOD	EXECUTIVE DI	8.00	Director	$1,609	$0	$1,609
THAD ALTMAN	DIRECTOR	2.00	Director	$0	$0	$0
JIM BENEDICT	DIRECTOR	2.00	Director	$0	$0	$0
BECKY BOLT	DIRECTOR	2.00	Director	$0	$0	$0
NANCY BRAY	PRESIDENT	8.00	Officer Director	$0	$0	$0
KATHLEEN BURSON	DIRECTOR	2.00	Director	$0	$0	$0
STEVE DUNN	DIRECTOR	2.00	Director	$0	$0	$0
CHERYL FORD	TREASURER	8.00	Officer Director	$0	$0	$0
SUSAN GOSSELIN	DIRECTOR	2.00	Director	$0	$0	$0
DAVID HARTGROVE	DIRECTOR	2.00	Director	$0	$0	$0
TIM KOZUSKO	DIRECTOR	2.00	Director	$0	$0	$0
PAUL LEADER	DIRECTOR	2.00	Director	$0	$0	$0
BOB MUSSER	DIRECTOR	2.00	Director	$0	$0	$0
SHAWN QUINN	DIRECTOR	2.00	Director	$0	$0	$0
JIM STAHL	DIRECTOR	2.00	Director	$0	$0	$0
DIANNE STEES	SECRETARY	8.00	Officer Director	$0	$0	$0
LAURILEE THOMPSON	VICE PRESIDE	8.00	Officer Director	$0	$0	$0
CHARLIE VENUTO	DIRECTOR	2.00	Director	$0	$0	$0
LORI WELLER	DIRECTOR	2.00	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
2025	No data	No data	No data	No data
2024	$214,153	$211,600	$489,912	$2,553
2023	$490,446	No data	$222,507	No data
2018	$262,162	$136,877	$336,213	$125,285
2017	$162,110	$122,357	$195,273	$39,753