ENGLEWOOD BEACH WATERFEST INC (EIN 472664863) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

JAY HENDERSON

Phone

9414167191

Tax Period

2024-01-01 to 2024-12-31

ENGLEWOOD BEACH WATERFEST INC, founded in 2015, is a micro nonprofit in the Environment sector that reported $82K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE ORGANIZATIONS MISSION IS TO STAGE SPECTATOR EVENTS, PARTICIPANT COMPETITIONS AND EDUCATIONAL FORUMS THAT SHOWCASE ENGLEWOODS UNIQUE WATER RESOURCES AND RECREATIONAL OPPORTUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $82,266

Investment Income $51

Other Revenue $0

TOTAL REVENUE $82,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,234

Other Expenses $96,346

TOTAL EXPENSES $96,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,317	$311,405	-0.7%
Expenses	$96,346	$299,278	-0.7%
Net Income	$-14,029	$12,127	-2.2%

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

N/A

Volunteers

100

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
RAY LABADIE	DIRECTOR	10.00	Director	$0	$0	$0
DAVID ROTH	DIRECTOR	5.00	Director	$0	$0	$0
DAZ JENSEN	DIRECTOR	0.00	Director	$0	$0	$0
DANA LUTZ	DIRECTOR	0.00	Director	$0	$0	$0
RALPH YOUNG	VICE PRESIDENT	10.00	Officer	$0	$0	$0
JAY HENDERSON	PRESIDENT	10.00	Officer	$0	$0	$0
JIM LITTON	SECRETARY	10.00	Officer	$0	$0	$0
NAKIA GARCIA	TREASURER	10.00	Officer	$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	$82,317	$96,346	$138,195	$-14,029
2023	$311,405	$299,278	$63,450	$12,127
2022	$229,826	$349,392	$68,090	$-119,566
2021	$369,523	$291,283	$158,515	$78,240
2019	$287,362	$315,914	$98,220	$-28,552
2018	$296,131	$294,069	$101,086	$2,062

ENGLEWOOD BEACH WATERFEST INC