SHIPS OF EXPLORATION & DISCOVERY RESRCH

EIN: 760285405 501(c)(3) Arts, Culture & Humanities

Santa Fe, NM

Total Revenue
$143,379
Total Expenses
$143,395
Total Assets
$164,652
Net Assets
$157,854
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NM
Principal Officer
DONALD H KEITH
Phone
5052167675
Tax Period
2025-01-01 to 2025-12-31

SHIPS OF EXPLORATION & DISCOVERY RESRCH, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $143K in total revenue in fiscal year 2025. Revenue fell 65% from the prior year — a significant decline worth monitoring.

Mission

EXPLORING FOR & CONSERVING HISTORICAL SHIPS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $142,075
Program Service Revenue $1,300
Investment Income $4
Other Revenue $0
TOTAL REVENUE $143,379

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,252
Fundraising Expenses $0
Program Expenses $126,631
Other Expenses $120,143
TOTAL EXPENSES $143,395

Year-over-Year Comparison

2025 2024 Change
Revenue $143,379 $412,688 -0.7%
Expenses $143,395 $383,002 -0.6%
Net Income $-16 $29,686 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
2
Volunteers
4

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
2
$21,600
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD H KEITH PRESIDENT 40.00
Officer
$10,800 $0 $10,800
TONI L CARRELL SECRETARY 40.00
Officer
$10,800 $0 $10,800
RANDEL C DAVIS DIRECTOR 1.00
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
2025 $143,379 $143,395 $164,652 $-16
2024 No data No data No data No data
2023 $386,262 $369,521 $128,184 $16,741
2020 $227,532 $96,097 $162,283 $131,435
2019 $761,815 $724,946 $50,180 $36,869
Explore More Nonprofits
→Top 100 Nonprofits in New Mexico →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SHIPS OF EXPLORATION & DISCOVERY RESRCH with other nonprofits in New Mexico and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.