Save The PT Boat Inc

EIN: 931162295 501(c)(3) Arts, Culture & Humanities

Portland, OR

Total Revenue
$195,883
Total Expenses
$151,535
Total Assets
$598,008
Net Assets
$598,008
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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
1995
Legal Domicile
OR
Principal Officer
William Weaver
Phone
5032863083
Tax Period
2024-07-01 to 2025-06-30

Save The PT Boat Inc, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $196K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $44K, a strong 23% operating margin.

Mission

Restoration education and display of a WWII PT boat

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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 (2024)

Revenue Breakdown

Contributions & Grants $182,982
Program Service Revenue $0
Investment Income $12,799
Other Revenue $102
TOTAL REVENUE $195,883

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $151,535
TOTAL EXPENSES $151,535

Year-over-Year Comparison

2024 2023 Change
Revenue $195,883 $218,606 -0.1%
Expenses $151,535 $106,162 +0.4%
Net Income $44,348 $112,444 -0.6%
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
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALT HAYNES Vice President 0.00
Officer
$0 $0 $0
WILLIAM WEAVER President 0.00
Officer
$0 $0 $0
RON TAYLOR Treasurer 0.00
Officer
$0 $0 $0
FRED JURAS Secretary 0.00
Officer
$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 $195,883 $151,535 $598,008 $44,348
2024 $218,606 $106,162 $539,473 $112,444
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