WHOLESOME WAVE GEORGIA INC

EIN: 454816906 501(c)(3) Food, Agriculture & Nutrition

ATLANTA, GA

Total Revenue
$1,571,771
Total Expenses
$1,837,354
Total Assets
$780,003
Net Assets
$683,132
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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
2012
Legal Domicile
GA
Principal Officer
WILLIAM SELLERS IV
Phone
4045515996
Tax Period
2024-01-01 to 2024-12-31

WHOLESOME WAVE GEORGIA INC, founded in 2012, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

WHOLESOME WAVE GEORGIA'S MISSION IS TO FACILITATE ACCESS AND AWARENESS OF HEALTHY FOOD CHOICES FOR ALL GEORGIANS IN NEED THROUGH LOCAL FARMERS AND COMMUNITY PARTNERS.

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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 $1,539,063
Program Service Revenue $23,849
Investment Income $3,858
Other Revenue $5,001
TOTAL REVENUE $1,571,771

Expense Breakdown

Grants Paid $24,044
Salaries & Benefits $694,572
Fundraising Expenses $168,154
Program Expenses $1,512,919
Other Expenses $1,118,738
TOTAL EXPENSES $1,837,354

Year-over-Year Comparison

2024 2023 Change
Revenue $1,571,771 $2,319,613 -0.3%
Expenses $1,837,354 $2,250,740 -0.2%
Net Income $-265,583 $68,873 -4.9%
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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Governance

Voting Members
16
Independent Members
16
Employees
15
Volunteers
30

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
5
$90,769
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER DALE BOARD CHAIR 0.50
Officer Director
$0 $0 $0
SARAH PIERRE VICE CHAIR 0.50
Officer Director
$0 $0 $0
LAWTON BLOOM TREASURER 0.50
Officer Director
$0 $0 $0
DAVID YANKEY SECRETARY 0.50
Officer Director
$0 $0 $0
JAMES IRUNGU BOARD MEMBER 0.50
Director
$0 $0 $0
BEN TOMPKINS BOARD MEMBER 0.50
Director
$0 $0 $0
KRISTIE ABNEY BOARD MEMBER 0.50
Director
$0 $0 $0
JOSH BERMAN BOARD MEMBER 0.50
Director
$0 $0 $0
MALLORY DEGOLIAN BOARD MEMBER 0.50
Director
$0 $0 $0
YVONNE DODD BOARD MEMBER 0.50
Director
$0 $0 $0
KELLY HAWKINS BOARD MEMBER 0.50
Director
$0 $0 $0
TONY RIFFEL BOARD MEMBER 0.50
Director
$0 $0 $0
TOMMY THOMAS MD BOARD MEMBER 0.50
Director
$0 $0 $0
CHRIS WILLETT BOARD MEMBER 0.50
Director
$0 $0 $0
ASHLEY REID BOARD MEMBER 0.50
Director
$0 $0 $0
KEITH PEPPER BOARD MEMBER 0.50
Director
$0 $0 $0
WILLIAM SELLERS EXECUTIVE DIRECTOR 40.00
Officer
$90,769 $0 $90,769
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 $1,571,771 $1,837,354 $780,003 $-265,583
2023 $2,319,613 $2,250,740 $1,068,901 $68,873
2022 $1,675,014 $1,616,945 $904,282 $58,069
2021 $1,404,562 $1,004,095 $821,790 $400,467
2020 $915,085 $820,360 $499,787 $94,725
2019 $597,958 $773,748 $299,553 $-175,790
2018 $513,218 $818,526 $477,318 $-305,308
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