OFFSHORE WIND ALLIANCE OF DELAWARE & MARYLAND INC

EIN: 863839655

ANNAPOLIS, MD

Total Revenue
$150,000
Total Expenses
$95,626
Total Assets
$92,053
Net Assets
$92,053
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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
MD
Principal Officer
ASHLEY O'CONNOR
Phone
2026153757
Tax Period
2022-01-01 to 2022-12-31

OFFSHORE WIND ALLIANCE OF DELAWARE & MARYLAND INC, founded in 2021, is a small nonprofit that reported $150K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $54K, a strong 36% operating margin.

Mission

ISSUE ADVOCACY AND GRASSROOTS ORGANIZATION ORGANIZED TO ENSURE THAT ALL MARYLANDERS AND DELAWARENEANS HAVE ACCESS TO RENEWABLE ENERGY, GOOD PAYING OFFSHORE WIND JOBS AND A HEALTHIER ENVIRONMENT.

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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 (2022)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $150,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $95,626
TOTAL EXPENSES $95,626

Year-over-Year Comparison

2022 2021 Change
Revenue $150,000 $250,000 -0.4%
Expenses $95,626 $212,321 -0.5%
Net Income $54,374 $37,679 +0.4%
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
2

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY O'CONNOR PRESIDENT/SECRETARY/TREASURER 20.00
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
2022 $150,000 $95,626 $92,053 $54,374
2021 $250,000 $212,321 $37,679 $37,679
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