MIAMI BEACH OCEAN PRESERVATION SOCIETY

EIN: 831474054 501(c)(3)

MIAMI BEACH, FL

Total Revenue
$12,660
Total Expenses
$6,564
Total Assets
N/A
Net Assets
N/A
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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
DE
Principal Officer
ERIC D HARDAR
Phone
2129354900
Tax Period
2021-01-01 to 2021-12-21

MIAMI BEACH OCEAN PRESERVATION SOCIETY, founded in 2018, is a micro nonprofit that reported $13K in total revenue in fiscal year 2021. Revenue surged 232% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6K, a strong 48% operating margin.

Mission

TO PROMOTE AWARENESS OF THE OCEAN PRESERVATION

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $12,660
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $12,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,563
Other Expenses $6,564
TOTAL EXPENSES $6,564

Year-over-Year Comparison

2021 2020 Change
Revenue $12,660 $3,811 +2.3%
Expenses $6,564 $8,325 -0.2%
Net Income $6,096 $-4,514 -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

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Governance

Voting Members
1
Independent Members
1
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC D HADAR 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
2021 $12,660 $6,564 No data $6,096
2020 $3,811 $8,325 $677 $-4,514
2019 $182,000 $13,903 $169,318 $168,097
2018 $245,000 $414,679 $720 $-169,679
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