Epworth By The Sea Endowment Foundation Incorporated (EIN 582109680) - 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

1993

Legal Domicile

Principal Officer

Russell Jacobs III

Phone

9126388688

Tax Period

2024-01-01 to 2024-12-31

Epworth By The Sea Endowment Foundation Incorporated, founded in 1993, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024. Revenue surged 628% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 84% operating margin.

Mission

ENCOURAGE DONATIONS TO BENEFIT ITS SUPPORTED ORGANIZATION

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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 $3,087,701

Program Service Revenue $0

Investment Income $1,201,221

Other Revenue $0

TOTAL REVENUE $4,288,922

Expense Breakdown

Grants Paid $603,354

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $603,354

Other Expenses $98,036

TOTAL EXPENSES $701,390

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,288,922	$589,078	+6.3%
Expenses	$701,390	$669,965	+0.0%
Net Income	$3,587,532	$-80,887	-45.4%

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

N/A

Volunteers

N/A

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

$206,618

Total Directors

$206,618

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joel Willis	Director	0.50	Officer Director	$0	$10,279	$183,969
Wayne Racz	President	1.00	Officer Director	$0	$10,833	$22,649
Bill Daniel Jr	Director	0.00	Director	$0	$0	$0
Ralph Jernigan	Director	0.00	Director	$0	$0	$0
Russell Jacobs III	Chair	0.00	Officer Director	$0	$0	$0
Justin Martin	Director	0.00	Director	$0	$0	$0
Bill Harris	Director	0.00	Director	$0	$0	$0
Mallery Hale	Secretary	0.00	Officer Director	$0	$0	$0
Mark Massee	Director	0.00	Director	$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
2025	No data	No data	No data	No data
2024	$4,288,922	$701,390	$17,799,544	$3,587,532
2023	$589,078	$669,965	$12,992,245	$-80,887
2022	$752,065	$648,398	$16,143,309	$103,667
2021	$600,615	$603,449	$18,745,135	$-2,834
2020	$305,387	$498,165	$12,189,439	$-192,778
2019	$310,311	$450,654	$11,213,809	$-140,343

Epworth By The Sea Endowment Foundation Incorporated