RV PILAR INC

EIN: 861327444 501(c)(3) Science & Technology

SAN DIEGO, CA

Total Revenue
$200,862
Total Expenses
$414,724
Total Assets
$920,577
Net Assets
$920,116
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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
2020
Legal Domicile
CA
Principal Officer
JOSEPH RUSSELL
Phone
8585187537
Tax Period
2024-01-01 to 2024-12-31

RV PILAR INC, founded in 2020, is a small nonprofit in the Science & Technology sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $415K exceeded revenue, resulting in a 106% operating deficit.

Mission

OUR MISSION IS TO ADVANCE SCIENTIFIC KNOWLEDGE AND PROMOTE SUSTAINABLE PRACTICES FOR THE BENEFIT OF OUR OCEANS. AS A RESEARCH VESSEL, WE PROVIDE A PLATFORM FOR OCEANOGRAPHERS AND RESEARCHERS TO CONDUCT EXPERIMENTS, FOSTERING INNOVATION AND DISCOVERY IN MARINE SCIENCE. WE RUN TAG-AND- RELEASE MISSIONS TO HELP RESEARCHERS BETTER TRACK THE POPULATIONS OF MARLIN & KEY PELAGIC SPECIES. ADVOCATING FOR RESPONSIBLE FISHING PRACTICES, SOURCING FISH THAT ARE CAUGHT SUSTAINABLY, AND PROMOTING ALTERNATIVES TO PLASTIC. THROUGH OUR WORK, WE AIM TO CREATE A MORE HARMONIOUS RELATIONSHIP BETWEEN HUMANITY AND THE OCEANS, PRESERVING THEIR HEALTH AND WELL-BEING FOR GENERATIONS TO COME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $200,862
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,862

Expense Breakdown

Grants Paid $650
Salaries & Benefits $5,050
Fundraising Expenses $0
Program Expenses $408,897
Other Expenses $409,024
TOTAL EXPENSES $414,724

Year-over-Year Comparison

2024 2023 Change
Revenue $200,862 $261,341 -0.2%
Expenses $414,724 $474,808 -0.1%
Net Income $-213,862 $-213,467 +0.0%
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

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Governance

Voting Members
5
Independent Members
3
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
2
$0
Total Directors
5
$5,050
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BRANDELIUS DIRECTOR 20.00
Director
$5,050 $0 $5,050
LISA BOTTORFF DIRECTOR 15.00
Officer Director
$0 $0 $0
PETER GOTFREDSON DIRECTOR 15.00
Director
$0 $0 $0
LAURA NEWBERRY MCDONALD DIRECTOR 10.00
Director
$0 $0 $0
JOSEPH RUSSELL PRESIDENT, S 30.00
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
2024 $200,862 $414,724 $920,577 $-213,862
2023 $261,341 $474,808 $1,134,619 $-213,467
2022 No data $396,229 $1,347,535 No data
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