BEducationEIN: 112206183· Ruling Year: 1973

Lundeberg Maryland Seamanship School Inc

Camp Springs, Maryland

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.49×
Peer Median20.77×
💰
$8.0M
Total Revenue
📊
$29.1M
Total Expenses
🏦
$43.4M
Net Assets
📋
$711K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+36.6%
Year-over-year change (2022 → 2023)
Net Margin
-264.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.49
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$7,980,17337%$29,053,8259%$44,123,2031%
2022$5,844,05223%$26,693,6177%$44,546,0811%
2021$7,542,63796%$24,981,6313%$45,157,1178%
2020$3,852,47545%$24,289,53011%$41,840,1309%
2019$7,019,4378%$27,182,8423%$38,524,6731%
2018$6,493,5277%$26,372,9813%$38,025,9726%
2017$6,971,83367%$25,613,8636%$40,290,9691%
2016$21,306,7912%$24,081,2123%$40,663,6922%
2015$20,932,5406%$23,432,9419%$41,390,23213%
2014$19,744,0001%$21,537,1831%$36,503,41019%
2013$19,510,4314%$21,257,7984%$30,768,4181%
2012$20,239,2641%$22,222,0683%$30,980,0086%
2011$20,003,326$21,500,706$29,260,537

Frequently Asked Questions

What does Lundeberg Maryland Seamanship School Inc do?

Lundeberg Maryland Seamanship School Inc is a education nonprofit organization based in Maryland. It is classified under NTEE code B600 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lundeberg Maryland Seamanship School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Lundeberg Maryland Seamanship School Inc has a score of 69/100 (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 Lundeberg Maryland Seamanship School Inc generate?

Lundeberg Maryland Seamanship School Inc reports $8.3M in annual revenue and holds $42.2M in total assets, based on IRS filings.

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