WATERFRONT BOTANICAL GARDENS INC (EIN 611297238) - 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

1995

Legal Domicile

Principal Officer

PHILIP KOESTER

Phone

5022765404

Tax Period

2024-01-01 to 2024-12-31

WATERFRONT BOTANICAL GARDENS INC, founded in 1995, is a community nonprofit in the Environment sector that reported $7.4M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 51% operating margin.

Mission

TO DEVELOP AN URBAN BOTANICAL GARDEN BY TRANSFORMING A LANDFILL AND CREATING A PLACE WHERE NATURE PROSPERS AND PEOPLE THRIVE THROUGH EDUCATION, ENTERTAINMENT, COMMUNITY, AND TOURISM.

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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 $7,201,217

Program Service Revenue $67,943

Investment Income $-168,601

Other Revenue $308,432

TOTAL REVENUE $7,408,991

Expense Breakdown

Grants Paid $505,200

Salaries & Benefits $1,522,736

Fundraising Expenses $450,314

Program Expenses $2,763,107

Other Expenses $1,549,868

TOTAL EXPENSES $3,640,579

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,408,991	$5,077,005	+0.5%
Expenses	$3,640,579	$3,373,327	+0.1%
Net Income	$3,768,412	$1,703,678	+1.2%

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

268

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

$168,633

Total Directors

$168,633

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP KOESTER	PRESIDENT	40.00	Officer Director	$140,000	$0	$140,000
KEVIN FENNELL	CHAIR	1.00	Officer Director	$0	$0	$0
BEN SIMMONS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NANCY DAVIS	SECRETARY	1.00	Officer Director	$0	$0	$0
BEN RULEY	TREASURER	1.00	Officer Director	$0	$0	$0
KAREN DAHLEM	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GRAESER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARGARET BELL	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK TRE CAMPISANO	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID CARPENTER	BOARD MEMBER	1.00	Director	$0	$0	$0
WILL GREENE	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY GWYNNE DOUGHERTY	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW BOONE GARDINER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE GRAVISS	BOARD MEMBER	1.00	Director	$0	$0	$0
SALLY GRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GREY	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY OYLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MERRY KAY POE	BOARD MEMBER	1.00	Director	$0	$0	$0
KRISTEN WEBB	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW RUTHERFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHASE SANDERS	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCES SCHOLTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
CLAY STINNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
MAC WILLETT	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVENA VOWELS	CHIEF OPERATING OFFICER (THRU 1/24)	40.00	Officer Director	$28,633	$0	$28,633
KATHRYN MAIER	FORMER PRESIDENT	0.00		$28,847	$0	$28,847

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	$7,408,991	$3,640,579	$25,307,822	$3,768,412
2023	$5,077,005	$3,373,327	$21,267,574	$1,703,678
2022	$4,168,927	$3,141,076	$19,643,837	$1,027,851
2021	$5,233,701	$2,537,688	$21,310,510	$2,696,013
2020	$2,186,832	$1,931,963	$16,154,938	$254,869
2019	$8,327,974	$1,213,691	$15,462,659	$7,114,283
2018	$1,915,003	$507,893	$8,365,486	$1,407,110

WATERFRONT BOTANICAL GARDENS INC