EASTERN SHORE ENTREPRENEURSHIP CENTER INC (EIN 611465160) - 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

2004

Legal Domicile

Principal Officer

MIKE THIELKE

Phone

4107709330

Tax Period

2022-07-01 to 2023-06-30

EASTERN SHORE ENTREPRENEURSHIP CENTER INC, founded in 2004, is a small nonprofit in the Education sector that reported $885K in total revenue in fiscal year 2022. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $772K left a modest 13% surplus.

Mission

TO CREATE AN ENTREPRENEURIAL ECOSYSTEM THAT RESULTS IN PERSONAL WEALTH CREATION WHICH IN TURN ADDS TO THE GROWTH OF COMMUNITY RESOURCES AND SERVICES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $848,102

Program Service Revenue $18,034

Investment Income $19,160

Other Revenue $0

TOTAL REVENUE $885,296

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,000

Fundraising Expenses $0

Program Expenses $631,919

Other Expenses $652,290

TOTAL EXPENSES $772,290

Year-over-Year Comparison

	2022	2021	Change
Revenue	$885,296	$608,404	+0.5%
Expenses	$772,290	$821,304	-0.1%
Net Income	$113,006	$-212,900	-1.5%

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

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

$114,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TYLER PATTON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TONY KERN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN ELSTNER	TREASURER	2.00	Officer Director	$0	$0	$0
SHANNON DILL	SECRETARY	2.00	Officer Director	$0	$0	$0
MIKE THIELKE	EXECUTIVE DIRECTOR	40.00	Director	$114,000	$0	$114,000
SCOTT WARNER	DIRECTOR	2.00	Director	$0	$0	$0
ROB NICHOLSON	DIRECTOR	2.00	Director	$0	$0	$0
WALTER CHASE	DIRECTOR	2.00	Director	$0	$0	$0
NIKKO BRADY	DIRECTOR	2.00	Director	$0	$0	$0
NEIL DAVIS	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	No data	No data	No data	No data
2023	$885,296	$772,290	$1,409,159	$113,006
2022	$608,404	$821,304	$1,144,981	$-212,900
2021	$533,020	$616,865	$1,378,260	$-83,845
2020	$702,695	$658,549	$1,625,956	$44,146
2019	$427,665	$482,911	$1,507,059	$-55,246
2018	$465,032	$282,234	$1,676,999	$182,798

EASTERN SHORE ENTREPRENEURSHIP CENTER INC