WOODVILLE PROPERTIES INC

EIN: 030423730 501(c)(3) Philanthropy & Grantmaking

TALLAHASSEE, FL

Total Revenue
$1,220,831
Total Expenses
$2,181,787
Total Assets
$10,196,900
Net Assets
$9,768,201
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
FL
Principal Officer
JOHN WILSON
Phone
8505754388
Tax Period
2023-07-01 to 2024-06-30

WOODVILLE PROPERTIES INC, founded in 2001, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 79% operating deficit.

Mission

THE PURPOSE OF WOODVILLE PROPERTIES, INC. IS TO HOLD TITLE TO PROPERTY, COLLECT THE INCOME THEREFROM, AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO DISC VILLAGE, INC. AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PRIOR TO TURNING OVER THE NET INCOME TO DISC VILLAGE, INC. THE CORPORATION SHALL PAY ALL EXPENSES INCIDENT TO OWNERSHIP OF THE PROPERTY TO WHICH IT IS HOLDING TITLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $609,430
Program Service Revenue $292,515
Investment Income $318,886
Other Revenue $0
TOTAL REVENUE $1,220,831

Expense Breakdown

Grants Paid $823,383
Salaries & Benefits $118,175
Fundraising Expenses $0
Program Expenses $2,181,787
Other Expenses $1,240,229
TOTAL EXPENSES $2,181,787

Year-over-Year Comparison

2023 2022 Change
Revenue $1,220,831 $737,407 +0.7%
Expenses $2,181,787 $1,103,263 +1.0%
Net Income $-960,956 $-365,856 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
3

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
6
$416,052
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARY ROBERTS PRESIDENT 1.00
Officer Director
$0 $0 $0
CLAYTON KNOWLES VICE PRESIDENT AS OF 9/15/2023 1.00
Officer Director
$0 $0 $0
PAM EAST TREASURER AS OF 1/19/2024 1.00
Officer Director
$0 $0 $0
JEFFREY LIANG VICE PRESIDENT UNTIL 9/15/2024 1.00
Officer Director
$0 $0 $0
THOMAS K OLK CHIEF EXECUTIVE OFFICER 20.00
Officer
$0 $1,300 $200,676
MIKE SASNETT CHIEF FINANCIAL OFFICER 5.00
Officer
$0 $17,419 $215,376
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
2025 No data No data No data No data
2024 $1,220,831 $2,181,787 $10,196,900 $-960,956
2023 $737,407 $1,103,263 $10,906,663 $-365,856
2022 $282,362 $951,816 $11,230,953 $-669,454
2021 $1,807,842 $727,548 $11,804,600 $1,080,294
2020 $1,515,317 $1,020,314 $10,962,092 $495,003
2019 $2,183,476 $1,162,403 $10,782,467 $1,021,073
2018 $1,286,189 $631,429 $9,708,920 $654,760
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