OFFSHORE OPERATORS COMMITTEE (EIN 720939419) - 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

1948

Legal Domicile

Principal Officer

EVAN ZIMMERMAN

Phone

5049047966

Tax Period

2023-01-01 to 2023-12-31

OFFSHORE OPERATORS COMMITTEE, founded in 1948, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 26% operating margin.

Mission

OFFSHORE OPERATORS COMMITTEE IS A MEMBER ORGANIZATION FOCUSED ON COLLABORATION IN OFFSHORE ENERGY.

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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 $0

Program Service Revenue $4,661,651

Investment Income $7,141

Other Revenue $0

TOTAL REVENUE $4,668,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,057,113

Fundraising Expenses $0

Program Expenses $3,464,043

Other Expenses $2,406,930

TOTAL EXPENSES $3,464,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,668,792	$3,347,456	+0.4%
Expenses	$3,464,043	$3,276,867	+0.1%
Net Income	$1,204,749	$70,589	+16.1%

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

340

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

$785,663

Total Directors

Key Employees

$197,500

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA LINSTER	MEMBER	2.00	Director	$0	$0	$0
BRIAN MAMELLI	MEMBER	2.00	Director	$0	$0	$0
ALYSSA KAROTKIN	MEMBER	2.00	Director	$0	$0	$0
DAVID ROSE	MEMBER	2.00	Director	$0	$0	$0
JOE GORDON	MEMBER	2.00	Director	$0	$0	$0
PATRICK EILAND	MEMBER	2.00	Director	$0	$0	$0
DAWN COUGHLIN	MEMBER	2.00	Director	$0	$0	$0
AIMEE DEADY	MEMBER	2.00	Director	$0	$0	$0
ELIZABETH NEIL	MEMBER	2.00	Director	$0	$0	$0
JOHN POOLE	MEMBER	2.00	Director	$0	$0	$0
DALE BRADFORD	MEMBER	2.00	Director	$0	$0	$0
MELISSA BLAIKIE	MEMBER	2.00	Director	$0	$0	$0
PAUL LANDRY	MEMBER	2.00	Director	$0	$0	$0
STEVEN STITH	MEMBER	2.00	Director	$0	$0	$0
LEE THOMAS	MEMBER	2.00	Director	$0	$0	$0
EVAN ZIMMERMAN	EXECUTIVE DIR.	40.00	Officer	$669,363	$0	$669,363
STEVE HAMM	ASSOCIATE DIRECTOR	40.00	Officer	$116,300	$0	$116,300
MELISSA LOGAN SASSELLA	BOARD CHAIR	2.00	Officer	$0	$0	$0
RONALD WASHINGTON	VICE CHAIR	2.00	Officer	$0	$0	$0
KEVIN BRUCE	SECRETARY/TREASURER	2.00	Officer	$0	$0	$0
JOE GOMES	PROJECT MANAGER	40.00	Key Emp	$197,500	$0	$197,500

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	No data	No data	No data	No data
2023	$4,668,792	$3,464,043	$5,035,055	$1,204,749
2022	$3,347,456	$3,276,867	$3,794,425	$70,589
2021	$3,048,834	$2,946,490	$3,752,492	$102,344
2020	$5,061,686	$4,534,541	$3,624,327	$527,145
2019	$4,366,627	$1,555,380	$3,782,869	$2,811,247
2018	$2,286,120	$2,305,142	$2,829,394	$-19,022

OFFSHORE OPERATORS COMMITTEE