Propeller Club of the United States Port of Savannah
Nonprofit profile at a glance
- EIN
- 581540618
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Savannah, GA, USA
- Phone
- 9126608284
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Chambers of Commerce & Business Leagues
Reported finances
- Revenue
- $97,544
- Expenses
- $106,140
- Assets
- $115,312
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Nick Harty (President)
- Len James (First Vice President)
- David Mihuta (Second Vice President)
- Gary M Davis (Immediate Past President)
People named in this filing
- Nick Harty (President)
- Len James (First Vice President)
- David Mihuta (Second Vice President)
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
Promote Port of Savannah and maritime-related industry
What it reported doing in 2024
Host annual Maritime Day Celebration in support of National Maritime Day on May 22nd. The event consists of a ceremony in which a wreath is placed in the Savannah River in memory of seamen who have lost their lives at sea and members of our maritime community who have passed away during the year. The club selects and honors the Maritime and Propeller Club Person of the Year. Attendance at this meeting is 100 - 150 members.
Operating model
- Revenue model
- Membership-supported. 76% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 83% 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. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.6%; rating input score 90
- Program expense ratio: 82.1%; rating input score 82
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -8.8%; rating input score 32; 32nd percentile among comparable filings
- Total-asset coverage ratio: 1.09; rating input score 49; 49th 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: 7.3% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: -2.6% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -6.4% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 89.6% of revenue deployed · 82.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 9 filed program accomplishments · $87K in reported program spending
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 3 filing years from 2022 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 32/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.