THE VICTORY SHIP INC

EIN: 593529783 501(c)(3) Arts, Culture & Humanities

TAMPA, FL

Total Revenue
$667,071
Total Expenses
$555,572
Total Assets
$2,920,744
Net Assets
$2,757,942
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
FL
Principal Officer
WILLIAM J KUZMICK
Phone
8132288766
Tax Period
2024-01-01 to 2024-12-31

THE VICTORY SHIP INC, founded in 1998, is a small nonprofit in the Arts, Culture & Humanities sector that reported $667K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $111K, a strong 17% operating margin.

Mission

SS AMERICAN VICTORY WAS BUILT IN 55 DAYS AND DELIVERED TO US WAR SHIPPING ADMINISTRATION ON MAY 24, 1945.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $98,815
Program Service Revenue $534,127
Investment Income $2,905
Other Revenue $31,224
TOTAL REVENUE $667,071

Expense Breakdown

Grants Paid $636
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $462,933
Other Expenses $554,936
TOTAL EXPENSES $555,572

Year-over-Year Comparison

2024 2023 Change
Revenue $667,071 $730,373 -0.1%
Expenses $555,572 $497,420 +0.1%
Net Income $111,499 $232,953 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
105

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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM J KUZMICK PRESIDENT 20.00
Officer Director
$0 $0 $0
DAVE SCOTT CHAIRMAN 2.00
Director
$0 $0 $0
JOE MCGEE VICE CHAIRMA 2.00
Director
$0 $0 $0
MIKE MACALUSO TREASURER 1.00
Officer Director
$0 $0 $0
TROY MANTHEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN TIMMEL DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY CUVA DIRECTOR 1.00
Director
$0 $0 $0
KEITH GREMINGER DIRECTOR 1.00
Director
$0 $0 $0
DENNIS MANELLI DIRECTOR 1.00
Director
$0 $0 $0
BOB JOHNSTON DIRECTOR 1.00
Director
$0 $0 $0
JAMES HONDO GEURTS DIRECTOR 1.00
Director
$0 $0 $0
JIM SMITH DIRECTOR 1.00
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
2024 $667,071 $555,572 $2,920,744 $111,499
2023 $730,373 $497,420 $2,805,262 $232,953
2022 $878,027 $562,315 $2,563,390 $315,712
2021 $968,545 $498,237 $2,253,041 $470,308
2020 $353,105 $349,523 $1,785,512 $3,582
2019 $403,120 $369,693 $1,637,098 $33,427
2018 $405,260 $297,724 $1,653,469 $107,536
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