Atlantic Intracoastal Waterway Association

Nonprofit profile at a glance

EIN
263377926
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Beaufort, SC, USA
Phone
8433791151
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$127,770
Expenses
$132,137
Assets
$40,206
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • JERRY SCARBOROUGH (TRUSTEE/BOARD MEMBER)
  • DENNIS BARBOUR (TRUSTEE/BOARD MEMBER)
  • PAUL BARGER (TRUSTEE/BOARD MEMBER)

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

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To encourage the continuation and further development of waterborne commerce and recreation in the intracoastal waterways of Virginia, Georgia, Florida, North Carolina and South Carolina through the promotion of adequate dredging, safe navigation, and maintenance; to work to ensure the u.s. Army corps of engineers maintains the waterway at a 12-foot depth at low tide as authorized by congress; and to educate the nation and the region about the historical and economic value of the waterway to its citizens.

What it reported doing in 2024

The aiwa worked diligently to encourage the continuation and further development of waterborne commerce and recreation in the intracoastal waterways of Virginia, Georgia, Florida, North Carolina and South Carolina through the promotion of adequate dredging, safe navigation, and maintenance through educational meetings and lobbying of federal officials. We worked to ensure the u.s. Amry corps of engineers maintains the waterway at a 12-foot depth at low tide as authorized by congress by holding meetings with corps of engineers representatives at the district, division and headquarters levels, in addition to working with local, state and regional stakeholders. The aiwa worked to educate the nation and the region about the historical and economic value of the waterway through its quarterly newsletter and annual meeting.

Operating model

Revenue model
Membership-supported. 63% of the money available for current operations came from membership dues.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 82
  • Sustainability: 36
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.5%; rating input score 83
  • Program expense ratio: 80.7%; rating input score 81

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -3.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0.3; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 18.7% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 1.7% per year; rating input score 100; 29th percentile among comparable filings
  • Asset growth: 4.3% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 83.5% of revenue deployed · 80.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $107K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

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

  • High — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.