Coral World Ocean and Reef Initiative Inc (EIN 660925847) - 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

2019

Legal Domicile

Tax Period

2023-10-01 to 2024-09-30

Coral World Ocean and Reef Initiative Inc, founded in 2019, is a community nonprofit in the Environment sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.2M left a modest 10% surplus.

Mission

Conservation, Environmental Education, Coral Rescue and Restoration, Research and Rehabilitation of Marine Animals and Birds.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,319,216

Program Service Revenue $0

Investment Income $299

Other Revenue $0

TOTAL REVENUE $1,319,515

Expense Breakdown

Grants Paid $13,950

Salaries & Benefits $700,703

Fundraising Expenses $0

Program Expenses $1,060,451

Other Expenses $468,082

TOTAL EXPENSES $1,182,735

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,319,515	N/A	N/A
Expenses	$1,182,735	N/A	N/A
Net Income	$136,780	N/A	N/A

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
John H Sterne Jr	Director	4.00	Director	$0	$0	$0
Gertrude J Prior	Vice-Chairman Treasurer Dir	6.00	Officer Director	$0	$0	$0
Robert L Keller	President Director	10.00	Officer Director	$0	$0	$0
Cornelius B Prior	Chairman Secretary Director	2.00	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
2024	$1,319,515	$1,182,735	$134,524	$136,780
2023	$648,070	$800,479	$119,813	$-152,409
2022	$364,787	$638,290	$175,050	$-273,503
2021	$379,694	$261,942	$314,610	$117,752
2020	$145,008	$29,449	$127,277	$115,559
2019	$5,000	No data	$5,000	No data

Coral World Ocean and Reef Initiative Inc