Panama City Beach Turtle Watch Inc

EIN: 844013071 501(c)(3) Animal-Related

Panama City Beach, FL

Total Revenue
$201,772
Total Expenses
$160,072
Total Assets
$338,209
Net Assets
$338,155
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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
2020
Legal Domicile
FL
Principal Officer
KENNARD WATSON
Phone
8502389895
Tax Period
2024-01-01 to 2024-12-31

Panama City Beach Turtle Watch Inc, founded in 2020, is a small nonprofit in the Animal-Related sector that reported $202K in total revenue in fiscal year 2024. The organization ran a surplus of $42K, a strong 21% operating margin.

Mission

To protect threatened sea turtles on 17.5 miles of gulf beach in Bay County Florida.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,718
Program Service Revenue $180,103
Investment Income $9,274
Other Revenue $7,677
TOTAL REVENUE $201,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,247
Fundraising Expenses $5,929
Program Expenses $154,143
Other Expenses $119,825
TOTAL EXPENSES $160,072

Year-over-Year Comparison

2024 2023 Change
Revenue $201,772 $208,562 0.0%
Expenses $160,072 $167,377 0.0%
Net Income $41,700 $41,185 +0.0%
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
4
Independent Members
4
Employees
11
Volunteers
28

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
4
$40,247
Total Directors
2
$40,247
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angela Barros Treasurer 25.00
Officer Director
$24,790 $0 $24,790
Kennard Watson President 25.00
Officer Director
$15,457 $0 $15,457
Nancy Evou Vice President 5.00
Officer
$0 $0 $0
Ronald Speer Secretary 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 $201,772 $160,072 $338,209 $41,700
2023 $208,562 $167,377 $296,475 $41,185
2022 $208,321 $177,056 $255,290 $31,265
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