VICTOR B JENKINS JR MEMORIAL ATHLETIC CLUB

EIN: 586002671 501(c)(3) Youth Development

SAVANNAH, GA

Total Revenue
$459,085
Total Expenses
$474,275
Total Assets
$1,546,145
Net Assets
$1,466,186
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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
1943
Legal Domicile
GA
Principal Officer
BILLY COVINGTON
Phone
9123520964
Tax Period
2023-01-01 to 2023-12-31

VICTOR B JENKINS JR MEMORIAL ATHLETIC CLUB, founded in 1943, is a small nonprofit in the Youth Development sector that reported $459K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $1.5M represent 38 months of operating reserves.

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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 (2023)

Revenue Breakdown

Contributions & Grants $118,683
Program Service Revenue $183,699
Investment Income $67,373
Other Revenue $89,330
TOTAL REVENUE $459,085

Expense Breakdown

Grants Paid $0
Salaries & Benefits $203,689
Fundraising Expenses $54,677
Program Expenses $275,597
Other Expenses $270,586
TOTAL EXPENSES $474,275

Year-over-Year Comparison

2023 2022 Change
Revenue $459,085 $415,794 +0.1%
Expenses $474,275 $364,384 +0.3%
Net Income $-15,190 $51,410 -1.3%
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
20
Independent Members
19
Employees
14
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
5
$87,929
Total Directors
24
$87,929
Key Employees
1
$87,929
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NOAH B COVINGTON EXECUTIVE DIRECTOR 40.00
Officer Director Key Emp Highest
$79,129 $8,800 $87,929
TOBY BROWNE TREASURER 3.00
Officer Director
$0 $0 $0
PATRICK GRAHAM PRESIDENT 3.00
Officer Director
$0 $0 $0
DEWEY DELETTRE VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MARK STEVENS SECRETARY 3.00
Officer Director
$0 $0 $0
BOB CORNWALL TRUSTEE 1.00
Director
$0 $0 $0
CLAIRE CORNWELL-WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
JASON FORD TRUSTEE 1.00
Director
$0 $0 $0
BILL GARDNER TRUSTEE 1.00
Director
$0 $0 $0
DR MELISSA WYNN TRUSTEE 1.00
Director
$0 $0 $0
CHRIS HAFER TRUSTEE 1.00
Director
$0 $0 $0
NINO ALLIOTA TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL LARISCY TRUSTEE 1.00
Director
$0 $0 $0
JOHNIE LYNES TRUSTEE 1.00
Director
$0 $0 $0
JOE MATTHEWS TRUSTEE 1.00
Director
$0 $0 $0
MICKEY MINNICK TRUSTEE 1.00
Director
$0 $0 $0
DR CHRISTOPHER NICHOLSON TRUSTEE 1.00
Director
$0 $0 $0
LEON PARRISH TRUSTEE 1.00
Director
$0 $0 $0
DR WADE POSTON TRUSTEE 1.00
Director
$0 $0 $0
JAY THOMPSON TRUSTEE 1.00
Director
$0 $0 $0
DONALD SMITH TRUSTEE 1.00
Director
$0 $0 $0
SAM MIKELL TRUSTEE 1.00
Director
$0 $0 $0
RANDY GILES TRUSTEE 1.00
Director
$0 $0 $0
SAM CARTER TRUSTEE 1.00
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
2024 No data No data No data No data
2023 $459,085 $474,275 $1,546,145 $-15,190
2022 $415,794 $364,384 $1,561,712 $51,410
2021 $409,351 $317,222 $1,505,074 $92,129
2020 $349,769 $310,080 $1,215,010 $39,689
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