FRIENDS OF WAKULLA SPRINGS STATE PARK INC (EIN 593375905) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

JULIE HARRINGTON

Phone

8505617286

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF WAKULLA SPRINGS STATE PARK INC, founded in 1995, is a micro nonprofit in the Environment sector that reported $61K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $113K exceeded revenue, resulting in a 85% operating deficit.

Mission

TO CONSERVE PROTECT RESTORE AND ENHANCE THE NATURAL HISTORICAL CULTURAL AND RECREATIONAL RESOURCES OF WAKULLA SPRINGS STATE PARK

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $55,921

Program Service Revenue $3,839

Investment Income $1,358

Other Revenue $0

TOTAL REVENUE $61,118

Expense Breakdown

Grants Paid $1,885

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,330

Other Expenses $111,190

TOTAL EXPENSES $113,075

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,118	$158,240	-0.6%
Expenses	$113,075	$50,822	+1.2%
Net Income	$-51,957	$107,418	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUE DAMON	DIRECTOR	1.00	Director	$0	$0	$0
KEN BEATTIE	DIRECTOR	1.00	Director	$0	$0	$0
CAL JAMISON	DIRECTOR	1.00	Director	$0	$0	$0
LAUREL KEYS	DIRECTOR	1.00	Director	$0	$0	$0
MING YE	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST TOOLE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE HARRINGTON	PRESIDENT TREASURER	5.00	Officer	$0	$0	$0
RENEE MURRAY	SECRETARY	5.00	Officer	$0	$0	$0
BARBARA WHIDDON	VICEPRESIDENT	5.00	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
2025	No data	No data	No data	No data
2024	$61,118	$113,075	$274,023	$-51,957
2023	$158,240	$50,822	$330,656	$107,418
2022	$42,176	$32,573	$218,181	$9,603
2018	$61,360	$36,883	$126,642	$24,477

FRIENDS OF WAKULLA SPRINGS STATE PARK INC