THE VESSEL OWNERS AND CAPTAINS ASSOCIATION INC (EIN 814324088) - 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

2016

Legal Domicile

Principal Officer

WILLIAM F ANDERSON

Phone

8564888300

Tax Period

2024-10-01 to 2025-09-30

THE VESSEL OWNERS AND CAPTAINS ASSOCIATION INC, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $25K in total revenue in fiscal year 2024. Revenue surged 1229450% from the prior year, signaling strong growth momentum. Expenses of $28K exceeded revenue, resulting in a 13% operating deficit.

Mission

THE ASSOCIATION EXISTS TO IMPROVE THE STANDING AND GENERAL QUALITY OF ALL INDIVIDUALS AND BUSINESS ENTERPRISES WHO ENGAGE IN OWNERSHIP AND OPERATION OF SHIPS AND VESSELS OF ALL KINDS. THIS INCLUDES SHIP OWNERS, CAPTAINS, SHIP MASTERS, MARINE ENGINEERS, AND SEAMEN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $24,590

Investment Income $1

Other Revenue $0

TOTAL REVENUE $24,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $27,825

TOTAL EXPENSES $27,825

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,591	$2	+12294.5%
Expenses	$27,825	$4,492	+5.2%
Net Income	$-3,234	$-4,490	-0.3%

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	Role	Reportable Comp	Other Comp	Total
WILLIAM F ANDERSON	PRESIDENT	Officer Director	$0	$0	$0
RICHARD VENUTI	VICE PRESIDENT	Officer Director	$0	$0	$0
CHRISTOPHER ROWLAND	BOARD MEMBER	Director	$0	$0	$0
ROBERT TAYLOR JR	BOARD MEMBER	Director	$0	$0	$0
EUGENE MATTIONI	BOARD MEMBER	Director	$0	$0	$0
LESLIE HUDSON GERHARD	BOARD MEMBER	Director	$0	$0	$0
JOSEPH BENTON	BOARD MEMBER	Director	$0	$0	$0
MICHAEL MATTIONI	SECRETARY	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	$24,591	$27,825	$21,913	$-3,234
2024	$2	$4,492	$25,147	$-4,490
2023	$37,118	$39,281	$29,637	$-2,163
2022	$61,964	$65,737	$31,800	$-3,773
2021	$3	$4,519	$35,573	$-4,516
2020	$51,215	$42,795	$40,089	$8,420

THE VESSEL OWNERS AND CAPTAINS ASSOCIATION INC