Marathon Sail and Power Squadron Inc (EIN 596152243) - 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

1980

Legal Domicile

Principal Officer

Thomas M Casey

Phone

3057437738

Tax Period

2018-02-01 to 2019-01-31

Marathon Sail and Power Squadron Inc, founded in 1980, is a micro nonprofit that reported $22K in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 23% operating margin.

Mission

Provide recreational boating education on and off the water so Boaters may increase their boating knowledge, skills, and enjoyment

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $764

Investment Income $21,590

Other Revenue $0

TOTAL REVENUE $22,354

Expense Breakdown

Grants Paid $14,512

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $17,218

Other Expenses $2,762

TOTAL EXPENSES $17,274

Year-over-Year Comparison

	2018	2017	Change
Revenue	$22,354	$30,180	-0.3%
Expenses	$17,274	$5,110	+2.4%
Net Income	$5,080	$25,070	-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

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
Thomas M Casey	Commander	10.00	Officer Director	$0	$0	$0
James Knutson	Executive Officer	2.00	Officer Director	$0	$0	$0
Greb Absten	Chief Educational Officer	2.00	Officer Director	$0	$0	$0
Cindy Casey	Secretary/Treasuer	5.00	Officer 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
2019	$22,354	$17,274	$368,783	$5,080

Marathon Sail and Power Squadron Inc