Marina PARC Miami Inc (EIN 872119947) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

Aabad R Melwani

Phone

3057617720

Tax Period

2021-08-11 to 2021-12-31

Marina PARC Miami Inc, founded in 2021, is a small nonprofit that reported $565K in total revenue in fiscal year 2021. Expenses of $532K left a modest 6% surplus.

Mission

The mission is to collaborate on social welfare issues and to utilize economic principles that promote municipal synergy, economic growth, and to facilitate discussion while promoting economic development and job creation in South Florida through sound fiscal policies, lower government spending and reduced taxation. It will also support individuals, organizations, ballot initiatives, and positions that strengthen and improve South Florida's economy, while building support among business leaders, trade groups, schools, and elected officials through education, legislation, and other measures. The organization was established to carry on public policy initiatives, advocacy, and educational work designed to advance and improve the economic and welfare condition of the Miami community, while also improving and promoting social welfare issues that are important to the Miami community, particularly promoting the revitalization of Marina Park in Key Biscayne.The Committee is empowered to raise

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $565,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $565,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $528,500

Other Expenses $531,747

TOTAL EXPENSES $531,747

Year-over-Year Comparison

	2021	2020	Change
Revenue	$565,000	N/A	N/A
Expenses	$531,747	N/A	N/A
Net Income	$33,253	N/A	N/A

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Aabad Melwani	Incorporator	1.00	Director	$0	$0	$0
Jose A Riesco	Treasurer	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	$565,000	$531,747	$33,253	$33,253

Marina PARC Miami Inc