Offshore Technology Conference (EIN 751992631) - 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

1969

Legal Domicile

Phone

9729529494

Tax Period

2023-08-01 to 2024-07-31

Offshore Technology Conference, founded in 1969, is a mid-sized nonprofit that reported $20.5M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11.2M, a strong 55% operating margin.

Mission

OTC IS ORGANIZED AND OPERATED EXCLUSIVELY TO PROMOTE AND FURTHER THE ADVANCE OF SCIENTIFIC AND TECHNICAL KNOWLEDGE OF OFFSHORE RESOURCES AND RELATED ENVIRONMENTAL MATTERS.

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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 $45,000

Program Service Revenue $20,151,344

Investment Income $276,214

Other Revenue $0

TOTAL REVENUE $20,472,558

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $9,240,499

TOTAL EXPENSES $9,250,499

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,472,558	$15,659,741	+0.3%
Expenses	$9,250,499	$5,439,248	+0.7%
Net Income	$11,222,059	$10,220,493	+0.1%

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

135

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
ALEX MARTINEZ	CHAIR	1.0	Officer Director	$0	$0	$0
DAN MCCONNELL	VICE CHAIR	1.0	Officer Director	$0	$0	$0
BOB WARREN	DIRECTOR	1.0	Director	$0	$0	$0
BRIAN MILLER	DIRECTOR	1.0	Director	$0	$0	$0
CARLOS MASTRANGELO	DIRECTOR	1.0	Director	$0	$0	$0
DONALD BURRIS	DIRECTOR	1.0	Director	$0	$0	$0
DOREEN CHIN	DIRECTOR	1.0	Director	$0	$0	$0
GREG KUZINSKI	DIRECTOR	1.0	Director	$0	$0	$0
JAMIE ALLAN	DIRECTOR	1.0	Director	$0	$0	$0
JERRY CARROLL	DIRECTOR	1.0	Director	$0	$0	$0
LIRIO QUINTERO	DIRECTOR	1.0	Director	$0	$0	$0
NEIL KAVANAUGH	DIRECTOR	1.0	Director	$0	$0	$0
ROD LARSON	DIRECTOR	1.0	Director	$0	$0	$0
SANDEEP KHURANA	DIRECTOR	1.0	Director	$0	$0	$0
LEIGH ANN RUNYAN	EXECUTIVE DIRECTOR	10.0	Officer	$0	$0	$0
STEVE BYRNE	CFO	5.0	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	$20,472,558	$9,250,499	$8,922,150	$11,222,059
2023	$15,659,741	$5,439,248	$12,485,915	$10,220,493
2022	$23,847,449	$10,233,872	$12,479,859	$13,613,577
2021	$984,411	$2,629,017	$13,421,893	$-1,644,606
2020	$3,140,287	$3,329,936	$14,049,503	$-189,649

Offshore Technology Conference