WATERFRONT RESCUE MISSION FOUNDATION INC (EIN 311480651) - 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

1995

Legal Domicile

Principal Officer

CLAY ROMANO

Phone

8504784027

Tax Period

2024-01-01 to 2024-12-31

WATERFRONT RESCUE MISSION FOUNDATION INC, founded in 1995, is a micro nonprofit in the Public Safety sector that reported $54K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

THE FOUNDATION WAS CREATED IN ORDER TO PROVIDE SUPPORT FOR THE WATERFRONT RESCUE MISSION, INC., AND TO ASSURE PRESERVATION OF THE MISSION'S ASSETS AND TO MEET OTHER LONG-TERM FINANCIAL NEEDS OF THE MISSION.

🔒

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 $0

Program Service Revenue $0

Investment Income $54,133

Other Revenue $0

TOTAL REVENUE $54,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,133	$47,414	+0.1%
Expenses	N/A	N/A	N/A
Net Income	N/A	$47,414	N/A

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

N/A

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

$292,049

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILL SCOTT	CHAIRMAN	1.00	Officer Director	$0	$0	$0
DEKENDELL YOUNG	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
ERIC BOSTWICK	TREASURER	1.00	Officer Director	$0	$0	$0
JOY POWELL	SECRETARY	1.00	Officer Director	$0	$0	$0
LONNIE SMITH	MINISTRY LIA	1.00	Director	$0	$0	$0
JERRY MAYGARDEN	DEVELOPMENT	1.00	Director	$0	$0	$0
RAY MILLET	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON MCCURDY	BOARD MEMBER	1.00	Director	$0	$0	$0
PASTOR LONNIE WESLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW PORTER	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILLIP L WRIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAY ROMANO	PRESIDENT	1.00	Officer	$0	$31,560	$202,049
ANDREW BRANTLEY	VP OF FINANC	1.00	Officer	$0	$0	$90,000

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	$54,133	No data	$1,174,116	No data
2023	$47,414	No data	$1,117,236	No data
2022	$7,302	No data	$1,066,337	No data
2021	$1,310	No data	$1,059,035	No data
2020	$4,377	$300,000	$1,057,725	$-295,623
2019	$3,009	$263,785	$1,353,348	$-260,776
2018	No data	No data	$1,650,338	No data

WATERFRONT RESCUE MISSION FOUNDATION INC