BLUE SKY MARITIME COALITION INC

EIN: 862367061 501(c)(3) Environment

Houston, TX

Total Revenue
$531,528
Total Expenses
$537,422
Total Assets
$237,809
Net Assets
$237,809
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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
2021
Legal Domicile
DE
Phone
7134351497
Tax Period
2024-01-01 to 2024-12-31

BLUE SKY MARITIME COALITION INC, founded in 2021, is a small nonprofit in the Environment sector that reported $532K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

MEMBERS RECOGNIZE THE NEED TO ADDRESS DECARBONIZATION BY ACCELERATING THE MARITIME INDUSTRY'S TRANSITION TOWARD NET-ZERO GREENHOUSE GAS EMISSIONS.

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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 $531,528
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $531,528

Expense Breakdown

Grants Paid $0
Salaries & Benefits $399,190
Fundraising Expenses $76,166
Program Expenses $537,422
Other Expenses $138,232
TOTAL EXPENSES $537,422

Year-over-Year Comparison

2024 2023 Change
Revenue $531,528 $669,750 -0.2%
Expenses $537,422 $702,122 -0.2%
Net Income $-5,894 $-32,372 -0.8%
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
18
Independent Members
17
Employees
4
Volunteers
200

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
4
$208,425
Total Directors
18
$127,250
Key Employees
1
$127,250
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD BYRNES DIRECTOR 1.00
Director
$0 $0 $0
TOM CROWLEY JR DIRECTOR 1.00
Director
$0 $0 $0
DAVID CUMMINS EXEC DIR / PRES 40.00
Officer Director Key Emp Highest
$127,250 $0 $127,250
MATT GODDEN VICE PRESIDENT 1.00
Director
$0 $0 $0
DAVID GRZEBINSKI DIRECTOR 1.00
Director
$0 $0 $0
SHANE GUIDRY DIRECTOR 1.00
Director
$0 $0 $0
JULIE LAMBERT DIRECTOR 1.00
Director
$0 $0 $0
MERRITT LANE DIRECTOR 1.00
Director
$0 $0 $0
ARLIE STERLING DIRECTOR 1.00
Director
$0 $0 $0
JOVI TENEV DIRECTOR AND SEC 1.00
Officer Director
$0 $0 $0
EDWARD TREGURTHA DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WIERNICKI DIRECTOR 1.00
Director
$0 $0 $0
KATHERINE TRAUTH DIRECTOR 1.00
Director
$0 $0 $0
SARAH HUDGINS TREASURER 1.00
Officer
$0 $0 $0
CARL JAMES KRUSE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL LEMONDS BOARD MEMBER 1.00
Director
$0 $0 $0
ALED ROBERTS BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX PUCHEU DIRECTOR 1.00
Director
$0 $0 $0
JOHN ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER STATES OFFICER 40.00
Officer
$81,175 $0 $81,175
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 $531,528 $537,422 $237,809 $-5,894
2023 $669,750 $702,122 $243,703 $-32,372
2022 $541,896 $460,904 $275,598 $80,992
2022 $604,250 $540,404 $364,702 $63,846
2021 $282,000 $60,644 $221,356 $221,356
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