OLD WAVERLY FOUNDATION INC

EIN: 311511701 501(c)(3) Recreation & Sports

WEST POINT, MS

Total Revenue
$56,238
Total Expenses
$39,109
Total Assets
$500,097
Net Assets
$499,882
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
MS
Principal Officer
BOYCE ADAMS
Phone
6624945732
Tax Period
2024-03-01 to 2025-02-28

OLD WAVERLY FOUNDATION INC, founded in 1997, is a micro nonprofit in the Recreation & Sports sector that reported $56K in total revenue in fiscal year 2024. The organization ran a surplus of $17K, a strong 30% operating margin.

Mission

PROMOTES EDUCATION THROUGH GOLF AND ASSOCIATED ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $47,113
Program Service Revenue $0
Investment Income $728
Other Revenue $8,397
TOTAL REVENUE $56,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $28,459
Other Expenses $39,109
TOTAL EXPENSES $39,109

Year-over-Year Comparison

2024 2023 Change
Revenue $56,238 N/A N/A
Expenses $39,109 N/A N/A
Net Income $17,129 N/A N/A
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
5
Independent Members
5
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOYCE ADAMS PRESIDENT N/A
Officer Director
$0 $0 $0
TROY BLANTON DIRECTOR N/A
Director
$0 $0 $0
GEORGE W BRYAN JR DIRECTOR N/A
Director
$0 $0 $0
JAMES L STAFFORD SECRETARY/TR N/A
Officer Director
$0 $0 $0
SHANE WILLIAMS DIRECTOR N/A
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
2025 $56,238 $39,109 $500,097 $17,129
2019 $40,055 $50,629 $345,248 $-10,574
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