FLORIDA WATER RESOURCES JOURNAL INC

EIN: 592954170 501(c)(3) Arts, Culture & Humanities

PALM BEACH GARDENS, FL

Total Revenue
$472,360
Total Expenses
$455,457
Total Assets
$135,822
Net Assets
$135,822
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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
1989
Legal Domicile
FL
Principal Officer
RICHARD BISHOP
Phone
5616272900
Tax Period
2024-01-01 to 2024-12-31

FLORIDA WATER RESOURCES JOURNAL INC, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $472K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $455K left a modest 4% surplus.

Mission

PUBLICATION OF PROFESSIONAL JOURNAL

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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 (2024)

Revenue Breakdown

Contributions & Grants $24,344
Program Service Revenue $447,776
Investment Income $0
Other Revenue $240
TOTAL REVENUE $472,360

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $429,151
Other Expenses $455,457
TOTAL EXPENSES $455,457

Year-over-Year Comparison

2024 2023 Change
Revenue $472,360 $412,178 +0.1%
Expenses $455,457 $436,522 +0.0%
Net Income $16,903 $-24,344 -1.7%
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

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Governance

Voting Members
12
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD ANDERSON PRESIDENT 1.00
Officer
$0 $0 $0
RICHARD BISHOP TREASURER 5.00
Officer
$0 $0 $0
JOSEPH PATERNITI PE VICE-PRESIDENT 1.00
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 $472,360 $455,457 $135,822 $16,903
2023 $412,178 $436,522 $118,919 $-24,344
2022 $402,959 $418,216 $143,263 $-15,257
2021 $329,857 $342,083 $158,520 $-12,226
2020 $333,780 $310,850 $170,746 $22,930
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