ARLINGTON, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SHERRY'S SHIPPERS ASSOCIATION INC, founded in 2018, is a micro nonprofit in the Community Improvement sector that reported $300 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $305K exceeded revenue, resulting in a 101541% operating deficit.
SHERRY'S SHIPPERS ASSOCIATION WAS ESTABLISHED TO PROMOTE COMMON BUSINESS INTERESTS WITHIN THE OCEAN CARRIER TRANSPORTATION INDUSTRY ON BEHALF OF ITS MEMBERS THROUGH COLLECTIVE NEGOTIATION TO ENSURE COST EFFECTIVENESS AND EQUITABLE TRADE FOR THE INDUSTRY AS A WHOLE. THE CORPORATION SHALL ENGAGE IN SUCH OTHER ACTIVITIES REQUIRED TO ACTIVELY ENHANCE AND IMPROVE THE OCEAN SHIPPING AND IMPORT/EXPORT TRADE INDUSTRIES, INCLUDING THE MONITORING OF LEGISLATIVE, REGULATORY NOTICES, AND RELATED ACTIVITIES ASSOCIATED WITH THE OCEAN SHIPPING INDUSTRY, INCLUDING, BUT NOT LIMITED TO, PERIODIC UPDATES TO ITS MEMBERS AND OTHER INTERESTED INDUSTRY PARTICIPANTS, TO BE PROVIDED VIA VARIOUS MEDIA FORMATS, WHICH MAY INCLUDE BLOG POSTS, NEWSLETTER ARTICLES, WEBINARS, AND IN-PERSON SEMINARS TO FURTHER EDUCATE INDUSTRY PARTICIPANTS ABOUT CHANGES IN THE INDUSTRY.
PROGRAM SERVICES CONSIST OF NEGOTIATING AND MANAGING TRANSPORATION SERVICES ON BEHALF OF ITS BENEFICIAL CARGO OWNER MEMBER SHIPPERS WITH OCEAN CARRIER TRANSPORTATION COMPANIES THAT ARE RETAINED TO...
PROGRAM SERVICES CONSIST OF NEGOTIATING AND MANAGING TRANSPORATION SERVICES ON BEHALF OF ITS BENEFICIAL CARGO OWNER MEMBER SHIPPERS WITH OCEAN CARRIER TRANSPORTATION COMPANIES THAT ARE RETAINED TO TRANSPORT PRODUCTS BEING SHIPPED TO THE UNITED STATES ON BEHALF OF FOREIGN MANUFACTURERS AND OTHER FOREIGN SHIPPERS. THE CORPORATION SHALL ENGAGE IN SUCH OTHER ACTIVITIES REQUIRED TO ACTIVELY ENHANCE AND IMPROVE THE OCEAN SHIPPING AND IMPORT/EXPORT TRADE INDUSTRIES, INCLUDING THE MONITORING OF LEGISLATIVE, REGULATORY NOTICES, AND RELATED ACTIVITIES ASSOCIATED WITH THE OCEAN SHIPPING INDUSTRY, INCLUDING, BUT NOT LIMITED TO, PERIODIC UPDATES TO ITS MEMBERS AND OTHER INTERESTED INDUSTRY PARTICIPANTS, TO BE PROVIDED VIA VARIOUS MEDIA FORMATS, WHICH MAY INCLUDE BLOG POSTS, NEWSLETTER ARTICLES, WEBINARS, AND IN-PERSON SEMINARS TO FURTHER EDUCATE INDUSTRY PARTICIPANTS ABOUT CHANGES IN THE INDUSTRY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $300 | $117,900 | -1.0% |
| Expenses | $304,922 | $521,729 | -0.4% |
| Net Income | $-304,622 | $-403,829 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| IRVING DWIGHT BARKER JR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANTAO CHIEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN KENT SHELTON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CLIVE WU | PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| SCOTT BALES | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $300 | $304,922 | $328 | $-304,622 |
| 2022 | $117,900 | $521,729 | $5,492 | $-403,829 |
| 2021 | $148,255 | $554,470 | $47,926 | $-406,215 |
| 2020 | $155,984 | $1,009,494 | $40,153 | $-853,510 |
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