NWF PARTNERSHIP FOR BETTER COMMUNITIES INC

EIN: 822705311 501(c)(3) Human Services

TALLAHASSEE, FL

Total Revenue
$2,002,247
Total Expenses
$2,104,103
Total Assets
$8,504,972
Net Assets
$290,202
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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
2017
Legal Domicile
FL
Principal Officer
MICHAEL WATKINS
Phone
8504101020
Tax Period
2023-07-01 to 2024-06-30

NWF PARTNERSHIP FOR BETTER COMMUNITIES INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE ORGANIZATION IS TO DEVELOP AND COORDINATE THE HIGHEST QUALITY CHILD WELFARE, BEHAVIORAL HEALTH SERVICES TO CHILDREN, ADULTS AND THEIR FAMILIES WITHIN THEIR COMMUNITIES THROUGH A MANAGED NETWORK OF ACCREDITED PROVIDERS.

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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 $0
Program Service Revenue $1,796,128
Investment Income $2,050
Other Revenue $204,069
TOTAL REVENUE $2,002,247

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,196,183
Fundraising Expenses $0
Program Expenses $1,873,371
Other Expenses $907,920
TOTAL EXPENSES $2,104,103

Year-over-Year Comparison

2023 2022 Change
Revenue $2,002,247 $4,040,096 -0.5%
Expenses $2,104,103 $4,107,207 -0.5%
Net Income $-101,856 $-67,111 +0.5%
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
18
Independent Members
18
Employees
85
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
7
$1,509,533
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SERENA ARMSTRONG DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL BEEDIE DIRECTOR 0.10
Director
$0 $0 $0
ARTHUR CULLEN DIRECTOR 0.10
Director
$0 $0 $0
KEITH DEAN DIRECTOR 0.10
Director
$0 $0 $0
DR LIZ HOLIFIELD DIRECTOR 0.10
Director
$0 $0 $0
REGGIE JOHNS DIRECTOR 0.10
Director
$0 $0 $0
RENDY LOVELADY DIRECTOR 0.10
Director
$0 $0 $0
DENISE MYERS DIRECTOR 0.10
Director
$0 $0 $0
PAULINE PATRICK DIRECTOR 0.10
Director
$0 $0 $0
REP MICHELLE SALZMAN DIRECTOR 0.10
Director
$0 $0 $0
MARK STAVROS MD DIRECTOR 0.10
Director
$0 $0 $0
BRUCE FOSTER DIRECTOR 0.10
Director
$0 $0 $0
CHARLIE STRICKLAND DIRECTOR 0.10
Director
$0 $0 $0
GERALD WATERS PRESIDENT 0.10
Officer Director
$0 $0 $0
RONALD PICKETT VICE CHAIR 0.10
Officer Director
$0 $0 $0
TERESA ROBERTS SECRETARY 0.10
Officer Director
$0 $0 $0
BAMBI SMITH TREASURER 0.10
Officer Director
$0 $0 $0
MIKE WATKINS CHIEF EXECUTIVE OFFICER 1.00
Officer
$781,935 $63,301 $845,236
RAE KERR CHIEF FINANCIAL OFFICER 1.00
Officer
$278,956 $48,987 $327,943
COURTNEY STANFORD CHIEF OPERATIONS OFFICER 1.00
Officer
$286,670 $49,684 $336,354
RALPH HABEN GENERAL COUNSEL 1.00
Highest
$135,037 $40,762 $175,799
MICHAEL LEE GENERAL COUNSEL 40.00
Highest
$134,620 $8,756 $143,376
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 $2,002,247 $2,104,103 $8,504,972 $-101,856
2024 $2,002,247 $2,104,103 $8,504,972 $-101,856
2023 $4,040,096 $4,107,207 $10,468,899 $-67,111
2022 $2,512,149 $2,620,894 $10,253,622 $-108,745
2021 $2,725,391 $2,575,346 $7,082,850 $150,045
2020 $2,100,187 $2,278,553 $7,044,581 $-178,366
2019 $1,847,629 $2,157,110 $5,096,375 $-309,481
2018 $500,016 $456,513 $4,996,633 $43,503
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