SEAFOOD TASK FORCE INC (EIN 812771548) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Legal Domicile

Principal Officer

JOE CHEKOURAS

Phone

7037528880

Tax Period

2024-01-01 to 2024-12-31

SEAFOOD TASK FORCE INC is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2018. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $434K, a strong 34% operating margin.

Mission

THE SEAFOOD TASK FORCE IS AN INTERNATIONAL MULTI-STAKEHOLDER COLLABORATION WORKING TO ADDRESS SOCIAL AND ENVIRONMENTAL ISSUES IN THE SEAFOOD SUPPLY CHAIN.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $800,000

Program Service Revenue $0

Investment Income $0

Other Revenue $26,845

TOTAL REVENUE $826,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $316,881

TOTAL EXPENSES $316,881

Year-over-Year Comparison

	2024	2023	Change
Revenue	$826,845	$693,758	+0.2%
Expenses	$316,881	$223,890	+0.4%
Net Income	$509,964	$469,868	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUPAVADEE CHOTIKAJAN	Director	2.00	Director	$0	$0	$0
MARK EASTHAM	Director	2.00	Director	$0	$0	$0
CHOOPONG LUESUKPRASERT	Director	2.00	Director	$0	$0	$0
MATTHEW HALL	Director	2.00	Director	$0	$0	$0
NUNTAWAN RUJIWUNG	Director	2.00	Director	$0	$0	$0
PATRICK KABEALO	Director	2.00	Director	$0	$0	$0
JOE CHEKOURAS	Treasurer	2.00	Officer Director	$0	$0	$0
MARTIN THURLEY	Executive Dir.	10.00	Officer Director	$0	$0	$0
JOHN STEINMETZ	Director	2.00	Director	$0	$0	$0
SEAN REBER	Director	2.00	Director	$0	$0	$0
BLAKE STOK	Director	2.00	Director	$0	$0	$0
CHRISTA M SVENSSON	Director	2.00	Director	$0	$0	$0
PREMSAK WANUCHSOONTORN	Director	2.00	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
2024	$826,845	$316,881	$2,750,959	$509,964
2023	$693,758	$223,890	$3,040,135	$469,868
2022	$672,514	$656,395	$2,505,784	$16,119
2021	$628,750	$1,316,834	$1,499,181	$-688,084
2020	$408,300	$471,167	$2,508,940	$-62,867
2019	$1,096,960	$306,053	$3,459,513	$790,907
2018	$1,283,067	$849,275	$1,477,373	$433,792

SEAFOOD TASK FORCE INC