FRIENDS OF COOPER ISLAND (EIN 753064314) - 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

2022

Legal Domicile

Phone

2069926710

Tax Period

2022-01-01 to 2022-12-31

FRIENDS OF COOPER ISLAND, founded in 2022, is a small nonprofit in the Science & Technology sector that reported $211K in total revenue in fiscal year 2022. Revenue surged 178% from the prior year, signaling strong growth momentum. The organization ran a surplus of $96K, a strong 45% operating margin.

Mission

TO COMPILE, PRESERVE, AND DISTRIBUTE COOPER ISLAND RESEARCH FOR USE BY CURRENT AND FUTURE RESEARCHERS STUDYING CLIMATE CHANGE AND OTHER ARCTIC PHENOMENA; TO ENSURE THE CONTINUATION OF THIS UNIQUE AND TIMELY RESEARCH; AND TO DEVELOP EDUCATIONAL AND PUBLIC OUTREACH PROGRAMS FOR CHILDREN AND ADULTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $211,432

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $211,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $111,846

Other Expenses $115,690

TOTAL EXPENSES $115,690

Year-over-Year Comparison

	2022	2021	Change
Revenue	$211,432	$75,932	+1.8%
Expenses	$115,690	$100,367	+0.2%
Net Income	$95,742	$-24,435	-4.9%

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
GEORGE DIVOKY	Director	40.00	Officer Director	$0	$0	$0
KATIE MORRISON	Director	0.00	Director	$0	$0	$0
MELISSA MAGER	Director	0.00	Director	$0	$0	$0
BRAD SEVERTSON	Director	0.00	Director	$0	$0	$0
CATHERINE SMITH	Director	0.00	Director	$0	$0	$0
ROBERT SUYDAM	Director	0.00	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
2022	$211,432	$115,690	$205,025	$95,742

FRIENDS OF COOPER ISLAND