HABELE SOUTH SEAS INSTITUTE (EIN 884265656) - 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

NEIL MELLEN

Phone

8035862358

Tax Period

2025-01-01 to 2025-12-31

HABELE SOUTH SEAS INSTITUTE, founded in 2022, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. Expenses of $87K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE MISSION OF THE CORPORATION SHALL BE TO PROVIDE BROAD AND OPEN PUBLIC ACCESS TO THE HISTORY OF MICRONESIA, AND TO DO ALL THINGS NECESSARY OR CONVENIENT, AND NOT INCONSISTENT WITH LAW, TO FURTHER THESE GOALS.

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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 $70,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $70,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,821

Fundraising Expenses $50

Program Expenses $84,821

Other Expenses $2,350

TOTAL EXPENSES $87,171

Year-over-Year Comparison

	2025	2024	Change
Revenue	$70,000	$80,000	-0.1%
Expenses	$87,171	$75,321	+0.2%
Net Income	$-17,171	$4,679	-4.7%

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

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

$156,924

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEIL MELLEN	EXECUTIVE DI	25.00	Officer	$78,462	$0	$156,924
SCOTT LEIS	TREASURER	1.00	Officer Director	$0	$0	$0
MARC MCNAMARA	SECRETARY	1.00	Officer Director	$0	$0	$0
ALEXANDER SIDLES	PRESIDENT	1.00	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
2025	$70,000	$87,171	$12,508	$-17,171

HABELE SOUTH SEAS INSTITUTE