Beach Drive Preservation Foundation Inc
Nonprofit profile at a glance
- EIN
- 992875540
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Panama City, FL, USA
- Phone
- 8508190096
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $76,575
- Expenses
- $27,226
- Assets
- $49,349
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- JO SHAFFER (DIRECTOR)
- GEORGE CAROTHERS (DIRECTOR)
- WILLIAM ALLEN (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The corporation is organized exclusively for environmental, educational, charitable, and recreation purposes with a focus on the protection of environmental habitat and erosion of coastal land via construction projects. Enhancement of coastal properties by landscaping, maintenance, and planting trees and plants to preserve the environment is an additional focus.
What it reported doing in 2024
Foundation representatives spoke with news channel 13 wmbb on march 14, 2024 and again on march 20 and 21, 2024. Representatives also spoke with news channel 7 wjhg on march 26, 2024. Organization representatives participated in a public forum held at gulf coast state college on january 16, 2024. Representatives spoke at the kiwanis club in 2024, and has participated in seasonal events including the st. Andrews mardi gras celebration on march 16, 2024 by providing informational handouts and earth day on april 20, 2024.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.6%; rating input score 36
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 64.4%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.81; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 35.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $27K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.