WORLD WATER SKIERS FOUNDATION INC

EIN: 832556192 501(c)(3) Recreation & Sports

WINTER GARDEN, FL

Total Revenue
$203,789
Total Expenses
$172,243
Total Assets
$62,907
Net Assets
$47,907
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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
2018
Phone
4072427702
Tax Period
2023-01-01 to 2023-12-31

WORLD WATER SKIERS FOUNDATION INC, founded in 2018, is a small nonprofit in the Recreation & Sports sector that reported $204K in total revenue in fiscal year 2023. The organization ran a surplus of $32K, a strong 15% operating margin.

Mission

TO PROMOTE, MARKET AND ADVANCE KNOWLEDGE TO INCREASE DIVERSE WORLDWIDE PARTICIPATION AND EXCELLENCE IN THE SPORT OF WATER SKIING THROUGH EDUCATION, COMPETITION AND INNOVATION WHILE UPHOLDING THE PRINCIPLES OF FAIR PLAY.

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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 $193,179
Program Service Revenue $10,610
Investment Income $0
Other Revenue $0
TOTAL REVENUE $203,789

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $172,243
Other Expenses $172,243
TOTAL EXPENSES $172,243

Year-over-Year Comparison

2023 2022 Change
Revenue $203,789 N/A N/A
Expenses $172,243 N/A N/A
Net Income $31,546 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
32

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON GOODMAN DIRECTOR N/A
Director
$0 $0 $0
DAVID GREY DIRECTOR N/A
Director
$0 $0 $0
LEWIS LLEWELLYN DIRECTOR N/A
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
2023 $203,789 $172,243 $62,907 $31,546
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