SAVANNAH WATERFRONT ASSOCIATION (EIN 237338819) - 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

1973

Legal Domicile

Principal Officer

ANSLEY WILLIAMS

Phone

9122340295

Tax Period

2023-01-01 to 2023-12-31

SAVANNAH WATERFRONT ASSOCIATION, founded in 1973, is a small nonprofit in the Community Improvement sector that reported $204K in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $370K exceeded revenue, resulting in a 81% operating deficit.

Mission

OUR MISSION IS TO PRESERVE THE WATERFRONT'S HISTORIC CHARACTER, MAINTAIN AND IMPROVE THE WATERFRONT'S SCENIC NATURE AND APPEARANCE, PROMOTE AND STIMULATE PUBLIC INTEREST IN THE WATERFRONT, AND PROMOTE COOPERATION AND MUTUAL ASSISTANCE AMONG PROPERTY OWNERS AND BUSINESSES ALONG THE WATERFRONT.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $194,259

Program Service Revenue $5,930

Investment Income $4,248

Other Revenue $0

TOTAL REVENUE $204,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,673

Fundraising Expenses $0

Program Expenses $295,700

Other Expenses $241,370

TOTAL EXPENSES $370,043

Year-over-Year Comparison

	2023	2022	Change
Revenue	$204,437	$141,672	+0.4%
Expenses	$370,043	$272,920	+0.4%
Net Income	$-165,606	$-131,248	+0.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE MUSSELMAN	EXECUTIVE DI	40.00	Highest	$116,600	$0	$116,600
JONATHAN CLAUGHTON	BOARD MEMBER	2.00	Director	$0	$0	$0
MICKEY MINNINK	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
MICHAEL OWENS	BOARD MEMBER	2.00	Director	$0	$0	$0
DALE PARKER	BOARD MEMBER	2.00	Director	$0	$0	$0
SIMON PETTIGREW	BOARD MEMBER	2.00	Director	$0	$0	$0
SUSAN POWERS	BOARD MEMBER	2.00	Director	$0	$0	$0
GEOFF REPELLA	TREASURER	2.00	Officer Director	$0	$0	$0
JOE ROSA	BOARD MEMBER	2.00	Director	$0	$0	$0
RHETT STRICKLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
ANSLEY WILLIAMS	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHELSEA WILLIAMS	SECRETARY	2.00	Officer 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	No data	No data	No data	No data
2023	$204,437	$370,043	$180,620	$-165,606
2022	$141,672	$272,920	$256,148	$-131,248
2021	$84,392	$97,648	$36,375	$-13,256
2020	$103,831	$116,051	$48,736	$-12,220
2019	$811,201	$668,326	$17,121	$142,875
2018	$1,062,702	$1,100,515	$182	$-37,813

SAVANNAH WATERFRONT ASSOCIATION