BIMCO AMERICAS (EIN 882889175) - 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

2022

Legal Domicile

Principal Officer

THOMAS DAMSGAARD

Phone

7135019800

Tax Period

2025-01-01 to 2025-12-31

BIMCO AMERICAS, founded in 2022, is a small nonprofit in the Mutual Benefit sector that reported $373K in total revenue in fiscal year 2025.

Mission

TO BE AT THE FOREFRONT OF GLOBAL DEVELOPMENTS IN SHIPPING, PROVIDING EXPERT KNOWLEDGE, TRAINING, EDUCATION, AND PRACTICAL ADVICE TO SAFEGUARD AND ADD VALUE TO OUR MEMBERS' BUSINESSES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $373,056

Investment Income $0

Other Revenue $293

TOTAL REVENUE $373,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $263,375

Fundraising Expenses $0

Program Expenses $189,080

Other Expenses $109,974

TOTAL EXPENSES $373,349

Year-over-Year Comparison

	2025	2024	Change
Revenue	$373,349	$371,436	+0.0%
Expenses	$373,349	$371,436	+0.0%
Net Income	$0	$0	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

Employees

Volunteers

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

$184,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS DAMSGARD	CHAIR	40.00	Director	$184,150	$0	$184,150
MAI VEDEL	TREASURER	4.00	Director	$0	$0	$0
MICHAEL LUND	SECRETARY	4.00	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
2025	$373,349	$373,349	$141,646	No data
2024	$371,436	$371,436	$103,144	No data
2023	$341,155	$341,155	$85,112	No data
2022	$187,249	$187,249	$47,752	No data

BIMCO AMERICAS