UNITED STATES POWER SQUADRONS 22 CLEARWATER SAIL & POWER SQUADRON (EIN 596130985) - 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

Principal Officer

PETER LOSI

Tax Period

2023-01-01 to 2023-12-31

UNITED STATES POWER SQUADRONS 22 CLEARWATER SAIL & POWER SQUADRON is a micro nonprofit that reported $64K in total revenue in fiscal year 2023. Expenses of $112K exceeded revenue, resulting in a 75% operating deficit.

Mission

TO PROMOTE EDUCATION AND SAFETY IN BOATING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $76

Program Service Revenue $0

Investment Income $63,072

Other Revenue $961

TOTAL REVENUE $64,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $72,298

Other Expenses $112,233

TOTAL EXPENSES $112,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$64,109	$-98,107	-1.7%
Expenses	$112,233	$108,914	+0.0%
Net Income	$-48,124	$-207,021	-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

N/A

Volunteers

N/A

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
MARY HOTZ	SECRETARY	5.00	Officer Director	$0	$0	$0
PETER LOSI	COMMANDER	5.00	Officer Director	$0	$0	$0
THOMAS MARKUNAS	EXECUTIVE OF	5.00	Director	$0	$0	$0
PETER MAWBEY	TREASURER	5.00	Officer Director	$0	$0	$0
EDWARD O'BRIEN	ADMIN OFFICE	5.00	Director	$0	$0	$0
PETER UBILLOS	SENIOR ED OF	5.00	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	No data	No data	No data	No data
2023	$64,109	$112,233	$1,251,103	$-48,124
2020	$594,462	$77,744	$1,478,216	$516,718
2019	$15,037	$56,491	$961,498	$-41,454
2019	$67,872	$56,491	$961,498	$11,381
2018	$-2,443	$42,929	$950,117	$-45,372

UNITED STATES POWER SQUADRONS 22 CLEARWATER SAIL & POWER SQUADRON