WALTER MUNK FOUNDATION FOR THE OCEANS (EIN 823477332) - 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

2018

Legal Domicile

Principal Officer

MARY MUNK

Phone

6198400250

Tax Period

2024-01-01 to 2024-12-31

WALTER MUNK FOUNDATION FOR THE OCEANS, founded in 2018, is a small nonprofit in the Environment sector that reported $693K in total revenue in fiscal year 2024.

Mission

MISSION IS TO CONTINUE WALTER MUNK'S LEGACY OF DARING EXPLORATION AND DISCOVERY THROUGH SCIENTIFIC RESEARCH, EDUCATION, AND OCEAN CONSERVATION.

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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 $673,597

Program Service Revenue $19,441

Investment Income $0

Other Revenue $0

TOTAL REVENUE $693,038

Expense Breakdown

Grants Paid $3,900

Salaries & Benefits $82,104

Fundraising Expenses $13,538

Program Expenses $459,294

Other Expenses $606,671

TOTAL EXPENSES $692,675

Year-over-Year Comparison

	2024	2023	Change
Revenue	$693,038	$699,935	0.0%
Expenses	$692,675	$658,727	+0.1%
Net Income	$363	$41,208	-1.0%

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

Volunteers

375

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
PAULA SELBY	TREASURER	5.00	Officer Director	$0	$0	$0
PHILIP MCGILLIVARY	SECRETARY	5.00	Officer Director	$0	$0	$0
MARY MUNK	PRESIDENT	60.00	Officer Director	$0	$0	$0
PATRICIA COWETT TO 9424	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE ORBELIAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DIMITRI DEHEYN	BOARD MEMBER	5.00	Director	$0	$0	$0
CHRIS VERLINDEN	BOARD MEMBER	3.00	Director	$0	$0	$0
BROOK DARSHANA TO 12524	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS STEININGER TO 11524	BOARD MEMBER	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	$693,038	$692,675	$129,908	$363
2023	$699,935	$658,727	$144,181	$41,208
2022	$677,777	$607,651	$102,433	$70,126
2021	$746,186	$743,439	$17,119	$2,747
2021	$746,186	$653,148	$107,410	$93,038
2020	$340,964	$352,732	$60,786	$-11,768
2019	$423,133	$389,087	$72,554	$34,046

WALTER MUNK FOUNDATION FOR THE OCEANS