Block Island Maritime Funding Inc
Wakefield, Rhode Island
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
15 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $1,850,050↑69% | $1,515,538↓5% | $2,117,351↑19% | — |
| 2022 | $1,093,821↓40% | $1,600,300↓9% | $1,778,340↓24% | — |
| 2021 | $1,817,313↑43% | $1,759,039↑21% | $2,339,750↓2% | — |
| 2020 | $1,274,723↑92% | $1,457,686 | $2,375,471↓6% | — |
| 2019 | $663,606↑349% | $1,456,518↓30% | $2,540,178↓23% | — |
| 2018 | -$266,789↓117% | $2,083,889↓21% | $3,319,482↓40% | — |
| 2017 | $1,568,929↓59% | $2,635,813↓49% | $5,554,849↓16% | — |
| 2016 | $3,830,021↓60% | $5,208,072↑62% | $6,599,717↓18% | — |
| 2015 | $9,668,467↑702% | $3,213,357↑243% | $8,092,145↑370% | — |
| 2014 | $1,205,328↑56% | $936,545↑3% | $1,721,662↑15% | — |
| 2013 | $770,354↓33% | $913,620↓20% | $1,493,736↓11% | — |
| 2012 | $1,149,361↓30% | $1,140,211↑36% | $1,672,361↓1% | — |
| 2011 | $1,650,258↑223% | $836,432↑136% | $1,696,950↓74% | — |
| 2009 | -$1,339,050↓129% | $355,081↑14% | $6,425,874↑101% | — |
| 2008 | $4,590,407 | $312,611 | $3,199,120 | — |
Frequently Asked Questions
What does Block Island Maritime Funding Inc do?▼
Block Island Maritime Funding Inc is a youth development nonprofit organization based in Rhode Island. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Block Island Maritime Funding Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Block Island Maritime Funding Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Block Island Maritime Funding Inc generate?▼
Block Island Maritime Funding Inc reports $4.3M in annual revenue and holds $4.8M in total assets, based on IRS filings.
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