AI Transparency Report
The Riviera Beach Maritime Academy appears to be a defunct organization, as its latest filing shows $0 in revenue and assets. Historically, the organization operated with very tight margins, with expenses consistently close to revenue. For example, in 2016, revenue was $1,734,640 and expenses were $1,727,294, indicating minimal surplus. The organization's assets have fluctuated, reaching a high of $332,711 in 2016, but also showing significant liabilities, such as $622,955 in 2016, which exceeded its assets. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that compensation was not reported in a way that is easily identifiable as officer compensation in the summary data. The lack of recent financial activity and the $0 revenue/assets in the latest filing raise significant concerns about its current operational status and financial viability.