ANACOSTIA WATERFRONT TRUST

EIN: 474353114 501(c)(3)

WASHINGTON, DC

Total Revenue
$405,873
Total Expenses
$454,321
Total Assets
$149,936
Net Assets
$25,126
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
DC
Principal Officer
ANTHONY A WILLIAMS
Phone
2022234560
Tax Period
2018-01-01 to 2018-12-31

ANACOSTIA WATERFRONT TRUST, founded in 2016, is a small nonprofit that reported $406K in total revenue in fiscal year 2018. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $454K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF THE ANACOSTIA WATERFRONT TRUST IS TO HELP TO CREATE A VIBRANT AND INCLUSIVE PUBLIC WATERFRONT AND ADJACENT COMMUNITIES, ON A HEALTHY ANACOSTIA RIVER, FOR ALL CITIZENS TO ENJOY.

Program Service Accomplishments

Program 1
Expenses: $115,824 Revenue: $0

COMMUNITY STRENGTHENING:THE TRUST, WORKING CLOSELY WITH LOCAL STAKEHOLDER GROUPS, ENCOURAGES COMMUNITY EFFORTS TO PROMOTE INVESTMENT AND ECONOMIC DEVELOPMENT IN NEIGHBORHOODS ALONG THE ANACOSTIA...

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COMMUNITY STRENGTHENING:THE TRUST, WORKING CLOSELY WITH LOCAL STAKEHOLDER GROUPS, ENCOURAGES COMMUNITY EFFORTS TO PROMOTE INVESTMENT AND ECONOMIC DEVELOPMENT IN NEIGHBORHOODS ALONG THE ANACOSTIA RIVER. THE TRUST ENCOURAGES INCLUSIVE EFFORTS TO CREATE JOBS, PROMOTE HEALTH AND STRENGTHEN COMMUNITIES. THE TRUST PLACES SPECIAL EMPHASIS ON ADDRESSING ISSUES FACING DISADVANTAGED NEIGHBORHOODS EAST OF THE RIVER.

Program 2
Expenses: $209,201 Revenue: $0

RIVER RESTORATION:THE TRUST WAS ESTABLISHED TO BE A LEADER IN EFFORTS TO REDUCE STORMWATER RUNOFF AND ELIMINATE TOXIC CHEMICALS FROM THE ANACOSTIA RIVER. RESTORING THE RIVER'S HEALTH IS THE FIRST...

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RIVER RESTORATION:THE TRUST WAS ESTABLISHED TO BE A LEADER IN EFFORTS TO REDUCE STORMWATER RUNOFF AND ELIMINATE TOXIC CHEMICALS FROM THE ANACOSTIA RIVER. RESTORING THE RIVER'S HEALTH IS THE FIRST STEP IN TRANSFORMING IT INTO A NATURAL AND RECREATIONAL ASSET FOR RESIDENTS AND VISITORS ALIKE. THE TRUST IS SPEARHEADING EFFORTS THAT WILL ALLOW FOR THE SAFE AND HEALTHY ENJOYMENT OF THE ANACOSTIA RIVER.

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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 (2018)

Revenue Breakdown

Contributions & Grants $339,046
Program Service Revenue $0
Investment Income $0
Other Revenue $66,827
TOTAL REVENUE $405,873

Expense Breakdown

Grants Paid $0
Salaries & Benefits $230,715
Fundraising Expenses $60,977
Program Expenses $325,025
Other Expenses $223,606
TOTAL EXPENSES $454,321

Year-over-Year Comparison

2018 2017 Change
Revenue $405,873 $583,503 -0.3%
Expenses $454,321 $717,620 -0.4%
Net Income $-48,448 $-134,117 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
20

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
3
$53,875
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY A WILLIAMS CHAIR 2.00
Officer Director
$0 $0 $0
CHRIS MURPHY SECRETARY 2.00
Officer Director
$0 $0 $0
MARY LANDREAU BOARD MEMBER 1.00
Director
$0 $0 $0
GLEN O'GILVIE BOARD MEMBER 1.00
Director
$0 $0 $0
DOUG SIGLIN EXECUTIVE DIRECTOR (LEFT MAY-18) 40.00
Officer
$53,875 $0 $53,875
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
2018 $405,873 $454,321 $149,936 $-48,448
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