450 Bull Street Foundation Inc

Nonprofit profile at a glance

EIN
932530735
IRS 990 coverage
2025–2025
Forms available
Form 990 2025, Form 990-N 2024
Location
Savannah, GA, USA
Phone
9125966628
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies & Historic Preservation

Reported finances

Revenue
$924,155
Expenses
$133,901
Assets
$790,254
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DALE CRITZ JR (PRESIDENT)

People named in this filing

  • DALE CRITZ JR (PRESIDENT)
  • JOHN ATKINSON (SECRETARY AND TREASURER)
  • DON WATERS (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

450 bull street foundation, inc.'s mission is to raise funds to support the preservation of the historically and architecturally significant building known as the oglethorpe club located at 450 bull street, savannah, Georgia. Through the historic preservation and restoration projects, our mission not only maintains the building's historic and architecturally significant character, but also enables the building to contribute to and enhance the savannah historic district.

What it reported doing in 2025

450 bull street foundation, inc. Provides resources for restoring, maintaining and preserving the historically and architecturally significant building situated at 450 bull street, savannah, Georgia, and its supporting infrastructure. Specific activities include: a.) provides funds to preserve and maintain the exterior (and fundamental interior supporting structure and fundamental interior structural elements) of the building located at 450 bull street, savannah, Georgia. B.) provide funds to promote the appreciation of the cultural history of the building; c.) foster awareness and appreciation for the architectural history of building.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 100
  • Accountability: 76
  • Sustainability: 91
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 14.4%; rating input score 14
  • Program expense ratio: 99.8%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 85.5%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 5.9; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 14.4% of revenue deployed · 99.8% of spending went to programs
  • Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $134K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.