FRIENDS OF THE COBBOSSEE WATERSHED (EIN 010545442) - 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

2001

Legal Domicile

Principal Officer

WALTER WIACEK

Phone

2073955239

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE COBBOSSEE WATERSHED, founded in 2001, is a small nonprofit in the Environment sector that reported $837K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $811K left a modest 3% surplus.

Mission

PROTECTING THE LAKES, PONDS, AND STREAMS OF THE COBBOSSEE WATERSHED THROUGH COMMUNITY ENGAGEMENT, CONSERVATION, AND EDUCATION.

🔒

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 $561,823

Program Service Revenue $244,084

Investment Income $337

Other Revenue $30,324

TOTAL REVENUE $836,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $600,339

Fundraising Expenses $48,087

Program Expenses $443,491

Other Expenses $210,466

TOTAL EXPENSES $810,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$836,568	$640,491	+0.3%
Expenses	$810,805	$649,261	+0.2%
Net Income	$25,763	$-8,770	-3.9%

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

$74,134

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS MULLIN	EXECUTIVE DI	40.00	Officer	$72,717	$1,417	$74,134
HENRY WHITMORE	DIRECTOR	0.50	Director	$0	$0	$0
ELIZABETH NEALE POLLOCK	SECRETARY	4.00	Officer Director	$0	$0	$0
TODD SNIDER	PRESIDENT	4.00	Officer Director	$0	$0	$0
JIM ADAMS	DIRECTOR	0.50	Director	$0	$0	$0
KATHLEEN BOGGAN	PRESIDENT EL	4.00	Officer Director	$0	$0	$0
MARC LACASSE	DIRECTOR	0.50	Director	$0	$0	$0
SCOTT LANPHER	TREASURER	4.00	Officer Director	$0	$0	$0
PETER MENDALL	DIRECTOR	0.50	Director	$0	$0	$0
PETER WASHBURN	DIRECTOR	0.50	Director	$0	$0	$0
KIM BOWIE	DIRECTOR	0.50	Director	$0	$0	$0
PETER WRIGHT	DIRECTOR	0.50	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	$836,568	$810,805	$201,917	$25,763
2023	$640,491	$649,261	$165,699	$-8,770
2022	$578,871	$577,503	$219,857	$1,368
2021	$439,874	$454,082	$161,905	$-14,208
2020	$516,316	$432,317	$158,326	$83,999
2019	$460,140	$469,560	$74,428	$-9,420
2018	$400,838	$388,494	$91,350	$12,344

FRIENDS OF THE COBBOSSEE WATERSHED