THE TARAS OCEANOGRAPHIC FOUNDATION INC (EIN 651052460) - 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

1998

Legal Domicile

Principal Officer

DR STEFAN HARZEN

Phone

5617437683

Tax Period

2024-01-01 to 2024-12-31

THE TARAS OCEANOGRAPHIC FOUNDATION INC, founded in 1998, is a micro nonprofit in the Animal-Related sector that reported $31K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $29K left a modest 7% surplus.

Mission

MARINE RESEARCH & EDUCATION IN SOUTH EASTERN UNITED STATES

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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 (2024)

Revenue Breakdown

Contributions & Grants $26,606

Program Service Revenue $0

Investment Income $4,422

Other Revenue $0

TOTAL REVENUE $31,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,978

Other Expenses $28,978

TOTAL EXPENSES $28,978

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,028	$25,492	+0.2%
Expenses	$28,978	$24,764	+0.2%
Net Income	$2,050	$728	+1.8%

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
MICHAEL ALEXANDER	DIRECTOR	N/A	Director	$0	$0	$0
GUILLAUME BELLIARD	DIRECTOR	N/A	Director	$0	$0	$0
DR BARBARA BRUNNICK	DIRECTOR	N/A	Director	$0	$0	$0
BENOIT DUVERNEUIL	DIRECTOR	N/A	Director	$0	$0	$0
RHEA J KRAFT	DIRECTOR	N/A	Director	$0	$0	$0
DR STEFAN HARZEN	CHAIRMAN/CEO	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
2024	$31,028	$28,978	$163,640	$2,050
2023	$25,492	$24,764	$161,590	$728
2022	$95,260	$56,215	$160,862	$39,045
2021	$42,815	$62,254	$121,671	$-19,439
2020	$171,779	$49,316	$141,792	$122,463
2019	$35,590	$38,113	$19,287	$-2,523
2018	$54,803	$42,635	$26,250	$12,168

THE TARAS OCEANOGRAPHIC FOUNDATION INC