HILTON HEAD ISLAND DEEP WELL PROJECT INC (EIN 570566098) - 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

1973

Principal Officer

MARY-STUART ALDERMAN

Phone

8437852849

Tax Period

2024-01-01 to 2024-12-31

HILTON HEAD ISLAND DEEP WELL PROJECT INC, founded in 1973, is a community nonprofit in the Environment sector that reported $3.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $3.0M left a modest 5% surplus.

Mission

WE ADDRESS THE BASIC NEEDS OF OUR CLIENTS TO FOSTER GREATER SELF- SUFFICIENCY, WHICH INCLUDES HELP WITH FOOD,RENT, UTILITY BILLS, HEALTH SERVICES, TRANSPORTATION, AND CRITICAL SAFETY FOCUS HOME REPAIRS.

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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 $2,585,706

Program Service Revenue $373,943

Investment Income $233,483

Other Revenue $0

TOTAL REVENUE $3,193,132

Expense Breakdown

Grants Paid $0

Salaries & Benefits $650,719

Fundraising Expenses $0

Program Expenses $2,839,401

Other Expenses $2,396,901

TOTAL EXPENSES $3,047,620

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,193,132	$2,889,208	+0.1%
Expenses	$3,047,620	$2,648,804	+0.2%
Net Income	$145,512	$240,404	-0.4%

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

250

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
MARY-STUART ALDERMAN	CHAIR	15.00	Officer Director	$0	$0	$0
JAN JOHNSON	TREASURER	15.00	Officer Director	$0	$0	$0
CHARLOTTE GILL	SECRETARY	10.00	Officer Director	$0	$0	$0
KAREN BITTMAN	MEMBER	5.00	Director	$0	$0	$0
DAN CLARE	MEMBER	5.00	Director	$0	$0	$0
JEFF ERNICO	MEMBER	5.00	Director	$0	$0	$0
MARC GRANT	MEMBER	5.00	Director	$0	$0	$0
TOM HENZ	MEMBER	5.00	Director	$0	$0	$0
NANCY JOHNSTON	MEMBER	5.00	Director	$0	$0	$0
ERIN KAYLOR	MEMBER	5.00	Director	$0	$0	$0
CHUCK KOTLER	MEMBER	5.00	Director	$0	$0	$0
JEFF ROGERS	MEMBER	5.00	Director	$0	$0	$0
BRUCE SIEBOLD	MEMBER	5.00	Director	$0	$0	$0
TOSHA SUGGS	MEMBER	5.00	Director	$0	$0	$0
JEFF FARMER	MEMBER	5.00	Director	$0	$0	$0
JOHN FORLINES	MEMBER	5.00	Director	$0	$0	$0
ANGIE STONE	MEMBER	5.00	Director	$0	$0	$0
SANDY GILLIS	EXECUTIVE DI	40.00	Highest	$131,825	$18,012	$149,837

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	No data	No data	No data	No data
2024	$3,193,132	$3,047,620	$10,047,763	$145,512
2023	$2,889,208	$2,648,804	$9,247,868	$240,404
2022	$2,346,116	$1,940,316	$8,259,376	$405,800
2021	$2,682,314	$1,583,038	$8,789,974	$1,099,276
2020	$3,286,178	$2,042,917	$7,393,549	$1,243,261

HILTON HEAD ISLAND DEEP WELL PROJECT INC