Grassy Waters Conservancy Inc
Nonprofit profile at a glance
- EIN
- 465665220
- IRS 990-EZ coverage
- 2018–2025
- Forms available
- Form 990 2014, Form 990-EZ 2025, Form 990-N 2017
- Location
- West Palm Beach, FL, USA
- Phone
- 5613864634
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Water Resource, Wetlands Conservation and Management
Reported finances
- Revenue
- $48,670
- Expenses
- $22,224
- Assets
- $108,502
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- VINCE BORGHESE (PRESIDENT)
People named in this filing
- VINCE BORGHESE (PRESIDENT)
- BARRY SCHEIN (DIRECTOR)
- RICHARD STONE (VP PHOTOGRAP)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support, promote and protect grassy waters preserve for environmental education and research, and nature based experiences, while ensuring its ecological integrity, and in concert with its role as a regional water supply.
What it reported doing in 2025
During 2025 taxpayer had a book published, "sam the snail kite". 100% of the revenue from the sale of the book is used to support the purpose of the taxpayer. Many of the books have been donated to public libraries. The everglades is dissappearing and so are the snail kites1 join sam the snail kite on his journey to keep the everglades alive. You will learn the secret of the everglades, discover the power of the community, and become a part of the everglades family. All proceeds help support, promote and protect grassy waters preserve. Perfect for kids ages 4-8.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.
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: 61
- Transparency & Controls: 100
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 43.2%; rating input score 43
- Program expense ratio: 92%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 54.3%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 4.88; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 6% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 9.2% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 11.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 43.2% of revenue deployed · 92% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $20K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.