VETERAN SAILING INC (EIN 813502346) - 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

2017

Legal Domicile

Principal Officer

JOSEPH E MASTRANGELO

Phone

3056193433

Tax Period

2025-01-01 to 2025-12-31

VETERAN SAILING INC, founded in 2017, is a small nonprofit in the Public Safety sector that reported $259K in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 66% operating margin.

Mission

Veteran Sailing Inc. was formed to provide basic and advanced sailing courses to veterans at no charge to the veteran. The organization trains one veteran at a time and the training is provided by a veteran Navy Seal that has a USCG (United States Coast Guard) 100 ton captain's license as well as a PADI (Professional Association of Diving Instructors) master instructor license. The instructor operates with his ASA (American Sailing Association) sailing instructors credentials through an ASA school (#782).

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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 (2025)

Revenue Breakdown

Contributions & Grants $238,990

Program Service Revenue $0

Investment Income $19,713

Other Revenue $0

TOTAL REVENUE $258,703

Expense Breakdown

Grants Paid $87,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,500

Other Expenses $0

TOTAL EXPENSES $87,500

Year-over-Year Comparison

	2025	2024	Change
Revenue	$258,703	$183,464	+0.4%
Expenses	$87,500	$72,910	+0.2%
Net Income	$171,203	$110,554	+0.5%

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

N/A

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
JOSEPH E MASTRANGELO	DIRECTOR	40	Director	$0	$0	$0
MARTIN O STELLING	DIRECTOR	1	Director	$0	$0	$0
ASTRID RODRIGUEZ	SECRETARY	1	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
2025	$258,703	$87,500	$796,106	$171,203
2024	$183,464	$72,910	$624,903	$110,554
2023	$199,039	$74,726	$514,349	$124,313

VETERAN SAILING INC