UNITED STATES MARINE SAFETY INSTITUTE INC

EIN: 810552307 501(c)(3) Science & Technology

BRADENTON, FL

Total Revenue
$63,545
Total Expenses
$142,099
Total Assets
$960,186
Net Assets
$792,726
🔒

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
2002
Legal Domicile
FL
Principal Officer
SCOTT STEELE
Phone
9412044970
Tax Period
2019-01-01 to 2019-12-31

UNITED STATES MARINE SAFETY INSTITUTE INC, founded in 2002, is a micro nonprofit in the Science & Technology sector that reported $64K in total revenue in fiscal year 2019. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $142K exceeded revenue, resulting in a 124% operating deficit.

Mission

SEARCH & RESCUE, WATER SAFETY AND DIVER EDUCATION, INSTRUCTION AND TRAINING, DISASTER RESPONSE, ARTIFICIAL REEF DEPLOYMENT, OCEAN CLEAN UP.

Program Service Accomplishments

Program 1
Expenses: $6,092

ARTIFICIAL REEF DEPLOYMENT DISASTERRESPONSE HURRICANE SERVICES, PERSONAL WATERCRAFT RESCUE TRAINING FOR FIRST RESPONDERS, ARTIFICIAL REEF DEPLOYMENT 07/16/18, DISASTER RESPONSE HURRICANE SERVICES TO...

Read more

ARTIFICIAL REEF DEPLOYMENT DISASTERRESPONSE HURRICANE SERVICES, PERSONAL WATERCRAFT RESCUE TRAINING FOR FIRST RESPONDERS, ARTIFICIAL REEF DEPLOYMENT 07/16/18, DISASTER RESPONSE HURRICANE SERVICES TO FL AND PR, PERSONAL WATERCRAFT RESCUE TRAINING FOR FIRST RESPONDERS.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $63,545
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $89,279
Other Expenses $142,099
TOTAL EXPENSES $142,099

Year-over-Year Comparison

2019 2018 Change
Revenue $63,545 $1,266,520 -0.9%
Expenses $142,099 $511,465 -0.7%
Net Income $-78,554 $755,055 -1.1%
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
9
Independent Members
9
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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES FARGUHARSON BOARD MEMEBE N/A
Director
$0 $0 $0
YUMIKO KADOTA ACCOUNTANT N/A
Director
$0 $0 $0
BARRY LAMB ADVISOR N/A
Director
$0 $0 $0
SUSANNE MATHAEY-RUFFINI ADVISOR N/A
Director
$0 $0 $0
WILLIAM POULIS LEGAL COUNSE N/A
Director
$0 $0 $0
PHILIP SCHWARTZ BOARD MEMBER N/A
Director
$0 $0 $0
LINNEA STEELE ADVISOR N/A
Director
$0 $0 $0
SCHYLER STEELE ADVISOR N/A
Director
$0 $0 $0
WILLIAM JENNINGS VICE CHAIRMA N/A
Officer
$0 $0 $0
KAREN NETZEL SECRETARY N/A
Officer
$0 $0 $0
SCOTT STEELE CEO N/A
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
2019 $63,545 $142,099 $960,186 $-78,554
2019 $63,545 $142,099 $960,186 $-78,554
2018 $1,266,520 $511,465 $1,174,053 $755,055
2018 $1,266,520 $1,012,400 $254,120 $254,120
Explore More Nonprofits
→Top 100 Nonprofits in Florida →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare UNITED STATES MARINE SAFETY INSTITUTE INC with other nonprofits in Florida 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.