BREMERTON HISTORICAL SHIPS ASSOCIATION (EIN 943086257) - 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

1988

Legal Domicile

Principal Officer

John Hanson

Phone

3607922457

Tax Period

2024-01-01 to 2024-12-31

BREMERTON HISTORICAL SHIPS ASSOCIATION, founded in 1988, is a small nonprofit that reported $574K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $519K left a modest 10% surplus.

Mission

The Bremerton Historic Ships Association's primary purpose is to achieve heritage awareness, educational enhancement, and memorial recognition.

🔒

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 $84,829

Program Service Revenue $429,363

Investment Income $2,924

Other Revenue $56,849

TOTAL REVENUE $573,965

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,656

Fundraising Expenses $0

Program Expenses $482,644

Other Expenses $288,472

TOTAL EXPENSES $519,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$573,965	$504,503	+0.1%
Expenses	$519,128	$472,430	+0.1%
Net Income	$54,837	$32,073	+0.7%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bill Bauer	Director	2	Director	$0	$0	$0
John Hanson	President	10	Officer Director	$0	$0	$0
Alan Hunter	Director	2	Director	$0	$0	$0
Jerry McDonald	Director	2	Director	$0	$0	$0
Walt Shuford	Director	2	Director	$0	$0	$0
Jennifer Zuver	Secretary-Treasurer	5	Officer Director	$0	$0	$0
Allison Falk	Director	2	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	$573,965	$519,128	$1,262,638	$54,837
2023	$504,503	$472,430	$1,207,071	$32,073
2022	$495,704	$462,406	$1,179,609	$33,298
2021	$551,471	$357,341	$1,190,539	$194,130
2020	$100,480	$226,919	$980,277	$-126,439
2019	$439,476	$488,258	$1,067,286	$-48,782
2018	$576,224	$493,213	$1,105,041	$83,011

BREMERTON HISTORICAL SHIPS ASSOCIATION