MARINA FLAMINGO FOUNDATION (EIN 920322922) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

SAMUEL SHAHEEN

Phone

9897995700

Tax Period

2024-01-01 to 2024-12-31

MARINA FLAMINGO FOUNDATION, founded in 2022, is a small nonprofit in the International Affairs sector that reported $186K in total revenue in fiscal year 2024. Revenue surged 173% from the prior year, signaling strong growth momentum. The organization ran a surplus of $139K, a strong 75% operating margin.

Mission

TO POSITIVELY IMPACT THE INFRASTRUCTURE, ENVIRONMENT, AND QUALITY OF LIFE IN THE PROVINCE OF GUANACASTE, COSTA RICA, WITH PARTICULAR ATTENTION TO THE TOWNS OF BRASILITO, FLAMINGO, POTRERO AND SURROUNDING AREAS BY PROMOTING ECONOMIC GROWTH, EDUCATION, AND CONSERVATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $174,662

Program Service Revenue $0

Investment Income $11,797

Other Revenue $0

TOTAL REVENUE $186,459

Expense Breakdown

Grants Paid $44,791

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $44,791

Other Expenses $2,423

TOTAL EXPENSES $47,214

Year-over-Year Comparison

	2024	2023	Change
Revenue	$186,459	$68,392	+1.7%
Expenses	$47,214	$101,910	-0.5%
Net Income	$139,245	$-33,518	-5.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
SAMUEL SHAHEEN	PRESIDENT	4.00	Officer Director	$0	$0	$0
LIZ SCHIPPER	SECRETARY	4.00	Officer Director	$0	$0	$0
MARY BOUSTANY	DIRECTOR	4.00	Director	$0	$0	$0
RONALD KIRCHOFF	DIRECTOR	4.00	Director	$0	$0	$0
WILLIAM WEBBER	DIRECTOR	4.00	Director	$0	$0	$0
AMY MILLER	DIRECTOR	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
2024	$186,459	$47,214	$204,526	$139,245
2023	$68,392	$101,910	$78,916	$-33,518
2022	$112,500	$66	$112,434	$112,434

MARINA FLAMINGO FOUNDATION