Port St Joe, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEXICO BEACH ARTIFICIAL REEF ASSOCIATION INC, founded in 1997, is a small nonprofit in the Environment sector that reported $213K in total revenue in fiscal year 2025. The organization ran a surplus of $83K, a strong 39% operating margin.
Build artificial reefs in the Gulf of Mexico off the cost of Mexico Beach, FL. Provide research on artificial reefs and marine biomass. Educate the public on the benefits of artificial reefs to marine life environment and the local economy. Help the local area with disaster recovery.
Disaster Recovery - City of Mexico Beach hurricane recovery. To be used as matching funds to get grants to repair facilities damaged by Hurricane Michael on 10 Oct 2018. Grant will be used towards, a...
Disaster Recovery - City of Mexico Beach hurricane recovery. To be used as matching funds to get grants to repair facilities damaged by Hurricane Michael on 10 Oct 2018. Grant will be used towards, a pier, canal clean-up, parks, roadways, landscaping, a new fire station, etc... Also provided micro grants to local businesses affected by the hurricane and planning to reopen in the City of Mexico Beach.
Artificial Reef Building: Build artificial reefs off the coast of Mexico Beach, FL.
Research: Performed artificial reef surveys to determine stability of reefs and marine biomass. Provided surveys to the Army Corp of Engineers, Florida Fish and Wildlife Conservation Commission, Bay...
Research: Performed artificial reef surveys to determine stability of reefs and marine biomass. Provided surveys to the Army Corp of Engineers, Florida Fish and Wildlife Conservation Commission, Bay County, Reef Environmental Education Foundation, and the City of Mexico Beach. Completed numerous lionfish and goliath grouper reports to USGS and universities. Catalogued local marine life in photographs and video in addition to the surveys. Provided specimens identification. Provided photos to marine biologists, including the Smithsonian Tropical Research Institute.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $213,315 | $199,835 | +0.1% |
| Expenses | $130,572 | $130,602 | 0.0% |
| Net Income | $82,743 | $69,233 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert Cox | President and Board Member | 20 |
Officer
Director
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$0 | $0 | $0 |
| Brian Higdon | Vice President and Board Member | 20 |
Officer
Director
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$0 | $0 | $0 |
| Carol Cox | Secretary and Board Member | 10 |
Officer
Director
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$0 | $0 | $0 |
| Kimberly Higdon | Treasurer and Board Member | 20 |
Officer
Director
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$0 | $0 | $0 |
| Mitch Coleman | Tournament Director | 20 |
Director
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$0 | $0 | $0 |
| Kathy Hayman | Membership Director | 10 |
Director
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$0 | $0 | $0 |
| Leigh Russell | Online Marketing Director | 15 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $213,315 | $130,572 | $740,189 | $82,743 |
| 2024 | $199,835 | $130,602 | $632,350 | $69,233 |
| 2023 | $130,966 | $118,251 | $532,875 | $12,715 |
| 2022 | $240,807 | $159,456 | $517,438 | $81,351 |
| 2021 | $83,617 | $161,041 | $420,039 | $-77,424 |
| 2020 | $196,176 | $250,785 | $442,136 | $-54,609 |
| 2019 | $368,683 | $308,804 | $496,745 | $59,879 |
| 2018 | $177,451 | $142,994 | $436,866 | $34,457 |
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