GEORGE WRIGHT SOCIETY

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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

1980

Legal Domicile

Principal Officer

Fred Herling

Phone

9064879722

Tax Period

2023-10-01 to 2024-09-30

GEORGE WRIGHT SOCIETY, founded in 1980, is a small nonprofit in the Recreation & Sports sector that reported $166K in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $243K exceeded revenue, resulting in a 47% operating deficit.

Mission

The GWS advances the natural and cultural heritage values of parks, protected/conserved areas, cultural sites, and other forms of place-based conservation. The GWS promotes professional research and resource stewardship across natural and and cultural disciplines, provides avenues of communication, and encourages public policies that embrace these values.

Program Service Accomplishments

Program 1

Expenses: $30,112 Revenue: $3,729

GWS recurring publications: Parks Stewardship Forum is a thrice-yearly professional journal on all aspects of park research, management and policy (launched 01/2020). The GWS website explains our...

GWS recurring publications: Parks Stewardship Forum is a thrice-yearly professional journal on all aspects of park research, management and policy (launched 01/2020). The GWS website explains our work, contains most of our publications in PDF format, and publishes our daily news summary, Parkwire. GWS News+Notes is an occasional members' newsletter. This activity also includes licensing fees from discontinued ("legacy") GWS publications. (Activity accounts for 40% of salaries/benefits and other expenses attributable to Program Services.)

Program 2

Expenses: $144,026 Revenue: $9,140

Workshops and Exchange Programs. With the US National Park Service and other partners, continued planning the International Capacity Development Workshop (formerly International Visitation Workshop; scheduled for May 2024); began planning the West by Northwest Natural Resource Stewardship Training Workshop (scheduled for April 2024). Binational Exchange Program with Argentina National Parks to Enhance Visitor Services. Co-learning exchange between the Argentine Rep. (Argentina) and the United States of America (USA) to develop mutually beneficial ways to deliver high-quality visitor experiences in Argentina's national parks. (Activity accounts for 45% of salaries/benefits and other expenses attributable to Program Services.)

Program 3

Expenses: $32,290 Revenue: $0

World Heritage support activities. Support for professional consultations on, preparation of, and evaluations of World Heritage nominations and other activities. (Activity accounts for 10% of...

World Heritage support activities. Support for professional consultations on, preparation of, and evaluations of World Heritage nominations and other activities. (Activity accounts for 10% of salaries/benefits and other expenses attributable to Program Services.)

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $70,797

Program Service Revenue $12,869

Investment Income $81,916

Other Revenue $0

TOTAL REVENUE $165,582

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,994

Fundraising Expenses $2,115

Program Expenses $211,587

Other Expenses $165,315

TOTAL EXPENSES $243,309

Year-over-Year Comparison

	2023	2022	Change
Revenue	$165,582	$290,818	-0.4%
Expenses	$243,309	$258,022	-0.1%
Net Income	$-77,727	$32,796	-3.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Walton	Director	5	Director	$0	$0	$0
Akiebia Hicks	Director	5	Director	$0	$0	$0
David W Reynolds	President	10	Officer Director	$0	$0	$0
Jennifer Thomsen	Director	5	Director	$0	$0	$0
Niquole Esters	Director	5	Director	$0	$0	$0
Mariam Kenza Ali	Director	5	Director	$0	$0	$0
Michelle Bowden	Director	5	Director	$0	$0	$0
Ashley D'Antonio	Director	5	Director	$0	$0	$0
Anthony Fiorillo	Director	5	Director	$0	$0	$0
Fred Herling	Treasurer	5	Officer Director	$0	$0	$0
Alan Spears	Vice President	5	Officer Director	$0	$0	$0
Lara Jacobs	Secretary	5	Officer Director	$0	$0	$0
Cait Henry	Director	5	Director	$0	$0	$0
Linda Mazzu	Director	5	Director	$0	$0	$0
David Harmon	Executive Director	40	Key Emp Highest	$0	$0	$0
Emily Dekker-Fiala	Administrative Coordinator	8	Key Emp	$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	$165,582	$243,309	$521,647	$-77,727
2023	$290,818	$258,022	$623,466	$32,796
2022	$29,193	$221,466	$592,367	$-192,273
2021	$291,027	$174,693	$759,796	$116,334
2020	$611,918	$115,048	$641,769	$496,870