Civic Intelligence

Cutwater Maritime Educational Services Inc

EIN 27-4332610 • 501(c)3 • Baltimore, MD

Profile

To provide merchant marine officers and maritime professionals who are not eligible to attend the calhoon meba engineering school with training that leads to or maintains technical and engineering credentials that are recognized by commercial organizations, state ports authorities and maritime classification societies.

1007 Eastern AvenueBaltimore, MD 21202-4345

www.mebaplans.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

6.97x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

6.15x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-48%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$254,575

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 34.2% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

96th percentile

123%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

73rd percentile

25%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,029,703

Up $821,802 (+395%) from 2022

Liabilities

Up

$7,177,576

Up $1,905,087 (+36%) from 2022

Net Assets

Down

-$6,147,873

Down $1,083,285 (-21%) from 2022

Revenue

Up

$1,166,550

Up $422,105 (+57%) from 2022

Expenses

Up

$1,727,120

Up $628,044 (+57%) from 2022

Net Income

Down

-$560,570

Down $205,939 (-58%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0-$5.0M-$10MAssets 2017: $246,588Liabilities 2017: $1,141,500Net Assets 2017: -$894,9122017Assets 2018: $201,970Liabilities 2018: $1,692,357Net Assets 2018: -$1,490,3872018Assets 2019: $116,138Liabilities 2019: $2,704,898Net Assets 2019: -$2,588,7602019Assets 2020: $64,137Liabilities 2020: $3,887,875Net Assets 2020: -$3,823,7382020Assets 2021: $70,538Liabilities 2021: $4,780,495Net Assets 2021: -$4,709,9572021Assets 2022: $207,901Liabilities 2022: $5,272,489Net Assets 2022: -$5,064,5882022Assets 2024: $1,029,703Liabilities 2024: $7,177,576Net Assets 2024: -$6,147,8732024

Highlighted filing

2024

Assets$1,029,703
Liabilities$7,177,576
Net Assets-$6,147,873

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2017: $825,134Expenses 2017: $1,720,046Net Income 2017: -$894,9122017Revenue 2018: $970,939Expenses 2018: $1,566,414Net Income 2018: -$595,4752018Revenue 2019: $602,149Expenses 2019: $1,700,522Net Income 2019: -$1,098,3732019Revenue 2020: $325,450Expenses 2020: $1,560,428Net Income 2020: -$1,234,9782020Revenue 2021: $607,766Expenses 2021: $1,493,985Net Income 2021: -$886,2192021Revenue 2022: $744,445Expenses 2022: $1,099,076Net Income 2022: -$354,6312022Revenue 2024: $1,166,550Expenses 2024: $1,727,120Net Income 2024: -$560,5702024

Highlighted filing

2024

Revenue$1,166,550
Expenses$1,727,120
Net Income-$560,570

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 8, 2023
Return Version
2022v5.0
Gross Receipts
$744,445
Mission and Program Overview

Mission

To provide merchant marine officers and maritime professionals who are not eligible to attend the calhoon meba engineering school with training that leads to or maintains technical and engineering credentials that are recognized by commercial organizations, state ports authorities and maritime classification societies.

To provide maritime training to maritime professionals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$48,391$185,710▲ $137,319
Cash and Non-Interest-Bearing Accounts$21,827$20,000▼ $1,827
Prepaid Expenses and Deferred Charges$320$2,191▲ $1,871
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-4,709,957$-5,064,588▼ $354,631
Total Assets$70,538$207,901▲ $137,363
Liabilities
Other Liabilities$4,777,793$5,270,943▲ $493,150
Accounts Payable and Accrued Expenses$2,702$1,546▼ $1,156
Total Liabilities$4,780,495$5,272,489▲ $491,994
Net Assets / Fund Balance
Total Net Assets Fund Balance$-4,709,957$-5,064,588▼ $354,631
Total Liabilities and Net Assets / Fund Balance$70,538$207,901▲ $137,363
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vokac AdamDirector, President
Hanley EdwardDirector, Vice President
Rexha RolandDirector, Secretary
Sullivan JackDirector, Treasurer
Gilchrist AnnExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$475,252
Investment Income
$0
Other Revenue
$269,193
Change in Net Assets
$-354,631
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$944,795
Salaries, Compensation, and Employee Benefits$154,281
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$153,775$506-$154,281
Office Expenses$12,844$41,410-$54,254
Insurance-$6,390-$6,390
Fees for Services Legal-$2,536-$2,536
Fees for Services Other-$1,034-$1,034
Information Technology-$717-$717
Occupancy-$594-$594
Other Expenses$228$44-$272
Conferences and Meetings-$134-$134
Travel-$60-$60
Fees for Services Accounting-$41-$41
Total Functional Expenses$1,045,610$53,466$0$1,099,076
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Plans$5,270,943
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The board of directors are appointed by the employer representatives and union representatives on the board of trustees of the sole member.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed by the sole member's plan administrator with the assistance of the organization's professionals and is provided to the organization's board of directors prior to its filing.

Form 990, Part VI, Section B, Line 12C

The organization's written conflict of interest policy for members of the organization's governing body and other covered individuals requires that conflicts of interest be avoided and disclosed. The organization receives an annual signed statement from employees of the managing organization regarding the written conflict of interest policy. Potential conflicts would be reviewed by the organization's legal counsel and governing body and would exclude any individual with a conflict from participating in the deliberations and decisions with respect to the issue or transaction.

Form 990, Part VI, Section B, Line 15

The organization has no employees so these questions do not apply.

Form 990, Part VI, Section C, Line 19

The organization makes documents available to interested parties upon request as required by the internal revenue code.

Filing and Contact Details

Filer

Filer Name
Cutwater Maritime Educational Services
EIN
27-4332610
Phone
4105479111
Address
1007 EASTERN AVENUE, BALTIMORE, MD 21202-4345

Signing Officer

Name
Adam Vokac Trustee
Title
Edward F. Hanley, Trustee
Phone
4105479111
Signed
2023-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Adam Vokac Trustee
Formed
2010
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Buchbinder Tunick & Company Llp
Address
6720-A ROCKLEDGE DRIVE SUITE 510, BETHESDA, MD 20817
Preparer
Gary Brunick
Phone
2402001400
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

There was not change in the organization's oversight process or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

Per the meba training plan consolidated financial statements: accounting principles generally accepted in the united states of america require plan management to evaluate tax positions taken by the plan and recognize a tax liability (or asset) if the plan has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service. The plan administrator has concluded that as of december 31, 2022, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. Employee benefit plans are subject to routine audits by taxing jurisdictions; however there are currently no audits for any tax periods in progress for the plan. The plan administrator believes it is no longer subject to income tax examinations for years prior to 2019.

Raw XML AppendixShowing 400 of 500 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PER THE MEBA TRAINING PLAN CONSOLIDATED FINANCIAL STATEMENTS: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE PLAN ADMINISTRATOR HAS CONCLUDED THAT AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. EMPLOYEE BENEFIT PLANS ARE SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS FOR THE PLAN. THE PLAN ADMINISTRATOR BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0GILCHRIST ANN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS ARE APPOINTED BY THE EMPLOYER REPRESENTATIVES AND UNION REPRESENTATIVES ON THE BOARD OF TRUSTEES OF THE SOLE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE SOLE MEMBER'S PLAN ADMINISTRATOR WITH THE ASSISTANCE OF THE ORGANIZATION'S PROFESSIONALS AND IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY FOR MEMBERS OF THE ORGANIZATION'S GOVERNING BODY AND OTHER COVERED INDIVIDUALS REQUIRES THAT CONFLICTS OF INTEREST BE AVOIDED AND DISCLOSED. THE ORGANIZATION RECEIVES AN ANNUAL SIGNED STATEMENT FROM EMPLOYEES OF THE MANAGING ORGANIZATION REGARDING THE WRITTEN CONFLICT OF INTEREST POLICY. POTENTIAL CONFLICTS WOULD BE REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL AND GOVERNING BODY AND WOULD EXCLUDE ANY INDIVIDUAL WITH A CONFLICT FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS WITH RESPECT TO THE ISSUE OR TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NO EMPLOYEES SO THESE QUESTIONS DO NOT APPLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES DOCUMENTS AVAILABLE TO INTERESTED PARTIES UPON REQUEST AS REQUIRED BY THE INTERNAL REVENUE CODE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE WAS NOT CHANGE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0MEBA TRAINING PLAN
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0814439579
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0ENGAGE IN FOR-PROFIT ACTIVITIES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CMES ENTERPRISES LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt027050 ST MICHAELS ROAD
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MEBA TRAINING PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MEBA MERCHANT MARINE MEMORIAL FOUNDATION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1MEBA VACATION PLAN - ATLANTIC GULF AND PACIFIC COASTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2MEBA PENSION TRUST-MONEY PURCHASE BENEFIT PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MEBA PENSION TRUST-DEFINED BENEFIT PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4MEBA 401(K) PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5MEBA MEDICAL AND BENEFITS PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6MEBA TRAINING PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0522307014
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1136271916
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(9)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO HONOR THE MEN AND WOMEN WHO FORM THE HERITAGE OF THE U.S. MERCHANT MARINE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE VACATION BENEFITS TO PARTICIPANTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2MONEY PURCHASE DEFINED CONTRIBUTION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3DEFINED BENEFIT PENSION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4DEFINED CONTRIBUTION PLAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5PROVIDE MEDICAL AND OTHER BENEFITS TO PARTICIPANTS AND BENEFICIARIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6PROVIDE MARITIME TRAINING TO PARTICIPANTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 12A, I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt027050 ST MICHAELS ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt21007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt31007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt41007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt51007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt61007 EASTERN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0EASTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BALTIMORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2BALTIMORE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3BALTIMORE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd5212024345
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd6212024345

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