THE WATER TOWER AT GWINNETT

EIN: 842831483

BUFORD, GA

Total Revenue
$446,327
Total Expenses
$248,609
Total Assets
$314,259
Net Assets
$208,590
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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
2019
Legal Domicile
GA
Principal Officer
MELISSA L MEEKER
Phone
4708220501
Tax Period
2023-01-01 to 2023-12-31

THE WATER TOWER AT GWINNETT, founded in 2019, is a small nonprofit that reported $446K in total revenue in fiscal year 2023. Revenue surged 195% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 44% operating margin.

Mission

OUR MISSION: TO BE A THRIVING ECOSYSTEM OF WATER INNOVATION FUELED BY IMAGINATION, INFORMED BY RESEARCH, AND POWERED BY PIONEERS. OUR OBJECTIVE: TO CREATE A CAMPUS AND AN ECOSYSTEM TO REIMAGINE THE FUTURE OF WATER - WITH THE PUBLIC AND PRIVATE SECTORS OF THE WATER INDUSTRY - VIA APPLIED RESEARCH, TECHNOLOGY INNOVATION, WORKFORCE DEVELOPMENT, AND COMMUNITY ENGAGEMENT. OUR VISION: TO BE THE GO-TO ORGANIZATION FOR ALL THINGS WATER INNOVATION AND HELP WATER AND WASTEWATER UTILITIES BECOME MORE PROGRESSIVE.

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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 $446,327
Investment Income $0
Other Revenue $0
TOTAL REVENUE $446,327

Expense Breakdown

Grants Paid $0
Salaries & Benefits $80,771
Fundraising Expenses $13,598
Program Expenses $161,085
Other Expenses $167,838
TOTAL EXPENSES $248,609

Year-over-Year Comparison

2023 2022 Change
Revenue $446,327 $151,531 +1.9%
Expenses $248,609 $180,293 +0.4%
Net Income $197,718 $-28,762 -7.9%
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
7
Independent Members
7
Employees
2
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
2
$57,161
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK MASINO DIRECTOR, CHAIR 1.00
Director
$0 $0 $0
JENNIFER FENNELL DIRECTOR, SECRETARY 1.00
Director
$0 $0 $0
DR JANN JOSEPH DIRECTOR, TREASURER 1.00
Director
$0 $0 $0
MELVIN EVERSON DIRECTOR 1.00
Director
$0 $0 $0
JESSICA RANTAMAKI DIRECTOR 1.00
Director
$0 $0 $0
RON SEIBENHENER DIRECTOR 1.00
Director
$0 $0 $0
DANIEL SOSEBEE III DIRECTOR 1.00
Director
$0 $0 $0
MELISSA L MEEKER CEO 20.00
Officer
$0 $0 $0
CHRIS IMPELLITTERI DIRECTOR OF R&E 10.00
Officer
$52,676 $4,485 $57,161
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 No data No data No data No data
2023 $446,327 $248,609 $314,259 $197,718
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