Marine Industries Association of Collier County Foundation Inc (EIN 650688131) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

Dan Maruszczak

Phone

2396820900

Tax Period

2024-01-01 to 2024-12-31

Marine Industries Association of Collier County Foundation Inc, founded in 1995, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $38K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $74K exceeded revenue, resulting in a 94% operating deficit.

Mission

The Foundation is organized to develop, produce, and support programs relating to recreational boating and our marine environment.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $37,966

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $37,966

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,206

Other Expenses $72,735

TOTAL EXPENSES $73,735

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,966	$80,688	-0.5%
Expenses	$73,735	$21,631	+2.4%
Net Income	$-35,769	$59,057	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Frank Perrucci	Director	1.00	Director	$0	$0	$0
Kit Sawyer	Director	1.00	Director	$0	$0	$0
Mike Weber	Director	1.00	Director	$0	$0	$0
Dan Maruszczak	President	1.00	Officer	$0	$0	$0
Henry Lowe	Vice President	1.00	Officer	$0	$0	$0
Steve Sprigg	Treasurer	1.00	Officer	$0	$0	$0
Tiffany Sawyer-Schank	Executive Director	5.00	Officer	$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	$37,966	$73,735	$600,748	$-35,769
2023	$80,688	$21,631	$636,517	$59,057
2022	$98,804	$78,983	$577,460	$19,821
2021	$130,889	$36,591	$557,640	$94,298
2020	$463,585	$15,571	$464,910	$448,014

Marine Industries Association of Collier County Foundation Inc