CAPE COD BLUE ECONOMY FOUNDATION INC (EIN 823678905) - 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

EUGENE CURRY

Phone

5083623225

Tax Period

2023-01-01 to 2023-12-31

CAPE COD BLUE ECONOMY FOUNDATION INC, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $157K in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $224K exceeded revenue, resulting in a 43% operating deficit.

Mission

THE BLUE ECONOMY PROJECT IS A REGIONAL INIATIVE TO PROMOTE AND SUSTAIN A MARITIME-FOCUSED ECONOMY ON CAPE COD, MARTHA'S VINYARD AND NANTUCKET AND SOUTHERN PLYMOUTH COUNTY. PROMOTES SUSTAINABLE USE PLANNING DEDICATED TO PRESERVING OUR ENVIRONMENT AND QUALITY OF LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $12,160

Program Service Revenue $144,706

Investment Income $0

Other Revenue $0

TOTAL REVENUE $156,866

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,207

Other Expenses $223,761

TOTAL EXPENSES $223,761

Year-over-Year Comparison

	2023	2022	Change
Revenue	$156,866	$514,527	-0.7%
Expenses	$223,761	$466,201	-0.5%
Net Income	$-66,895	$48,326	-2.4%

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
PATRICK CASSIDY	DIRECTOR	2.00	Director	$0	$0	$0
EUGENE CURRY	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN HAGENSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
ALISA MAGNOTTA	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTIN MARSHALL	DIRECTOR	2.00	Director	$0	$0	$0
STEPHEN G TOM	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT VANDERSALL	TREASURER	2.00	Officer 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
2025	No data	No data	No data	No data
2023	$156,866	$223,761	$43,089	$-66,895
2022	$514,527	$466,201	$77,117	$48,326

CAPE COD BLUE ECONOMY FOUNDATION INC