MARINE INDUSTRY EDUCATION FOUNDATION OF PALM BEACH COUNTY INC (EIN 650911214) - 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

1999

Legal Domicile

Principal Officer

ANDY FLACK

Phone

5616256644

Tax Period

2017-07-01 to 2018-06-30

MARINE INDUSTRY EDUCATION FOUNDATION OF PALM BEACH COUNTY INC, founded in 1999, is a micro nonprofit that reported $96K in total revenue in fiscal year 2017. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 68% operating margin.

Mission

THE MISSION OF THE MARINE INDUSTRY EDUCATION FOUNDATION IS TO GENERATE FUNDS TO SUPPORT A WIDE ARRAY OF ENRICHMENT ENDEAVORS, INCLUDING EDUCATIONAL, CULTURAL, ATHLETIC AND OTHER RELATED ACTIVITIES THAT BENEFIT YOUTH AND VETERANS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $114,790

Program Service Revenue $0

Investment Income $0

Other Revenue $-19,079

TOTAL REVENUE $95,711

Expense Breakdown

Grants Paid $14,833

Salaries & Benefits $0

Fundraising Expenses $13,640

Program Expenses $14,833

Other Expenses $16,018

TOTAL EXPENSES $30,851

Year-over-Year Comparison

	2017	2016	Change
Revenue	$95,711	$77,638	+0.2%
Expenses	$30,851	$40,707	-0.2%
Net Income	$64,860	$36,931	+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
BOB HACKNEY	PRESIDENT	N/A	Officer Director	$0	$0	$0
LOUIS DANIELLO	DIRECTOR	N/A	Director	$0	$0	$0
CHUCK CAIRNES	TREASURER	N/A	Officer Director	$0	$0	$0
CHUCK HAYTHORN	SECRETARY	N/A	Officer Director	$0	$0	$0
DICK MURRAY	DIRECTOR	N/A	Director	$0	$0	$0
ANDY FLACK	EXECUTIVE DI	N/A	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
2018	$95,711	$30,851	$75,738	$64,860

MARINE INDUSTRY EDUCATION FOUNDATION OF PALM BEACH COUNTY INC