NORTH SEA MARITIME CENTER INC (EIN 815241358) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

CONNIE CLAMAN

Phone

6312835376

Tax Period

2023-01-01 to 2023-12-31

NORTH SEA MARITIME CENTER INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $425K in total revenue in fiscal year 2023. Revenue surged 97274% from the prior year, signaling strong growth momentum. The organization ran a surplus of $390K, a strong 92% operating margin.

Mission

THE TUPPER BOAT HOUSE HAS BEEN RAISED AND SECURED AND THE FUNDRAISING PLAN IS IN PLACE FOR RAISING MONEY TO CONTINUE THE PROJECT.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $416,228

Program Service Revenue $0

Investment Income $8,323

Other Revenue $0

TOTAL REVENUE $424,551

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,369

Other Expenses $34,632

TOTAL EXPENSES $34,632

Year-over-Year Comparison

	2023	2022	Change
Revenue	$424,551	$436	+972.7%
Expenses	$34,632	$19,756	+0.8%
Net Income	$389,919	$-19,320	-21.2%

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

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
MARK ANTILETY	Vice President	1.00	Officer Director	$0	$0	$0
LYNN ASHE	Secretary	1.00	Officer Director	$0	$0	$0
MARK MATTHEWS	President	1.00	Officer Director	$0	$0	$0
CONNIE CLAMAN	Treasurer	1.00	Officer Director	$0	$0	$0
TED ANDERSON	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
2023	$424,551	$34,632	$401,165	$389,919

NORTH SEA MARITIME CENTER INC