Waterfowl Festival Inc
Nonprofit profile at a glance
- EIN
- 521978671
- IRS 990 coverage
- 2012–2020
- Forms available
- Form 990 2020, Form 990-N 2010
- Location
- Easton, MD, USA
- Phone
- 4108224567
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Wildlife Sanctuary, Refuge
Reported finances
- Revenue
- $81,251
- Expenses
- $187,248
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARGARET ENLOE (EXECUTIVE DIRECTOR)
- KEVIN GREANEY (PRESIDENT)
- TEDDY HOOVER (VICE PRESIDENT)
- KENNETH MILLER (VICE PRESIDENT)
Highest reported compensation
- MARGARET ENLOE (EXECUTIVE DIRECTOR): $78,438 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Waterfowl festival inc. Is dedicated to wildlife conservation, the promotion of wildlife art, and the celebration of life on marylands eastern shore.
What it reported doing in 2020
Continuing the tradition of the longest-running event of its kind, the 2019 waterfowl festival offered adults and children an exploration into wildlife, folk and traditional artworks that exemplify the cultural heritage of the chesapeake bay region. The event has attracted on an annual basis up to 19,000 attendees and produced an estimated economic impact of more than 6 million on talbot county. During the festival, historic and contemporary buildings serve as venues for art and cultural exhibits showcasing the works of over 300 exhibitors. Food, music, retriever and other demonstrations, as well as art and nature activities for children are also featured. Renowned for the quality of its art and the breadth of its activities, the waterfowl festival event draws artists and visitors from around the world. In early 2021, the board voted to merge the festivals operations into its affiliate organization, waterfowl chespeake inc.
Operating model
- Revenue model
- Earned-program. 82% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 88
- Accountability: 79
- Sustainability: 11
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 97.4%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: -130.5%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 4.5%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: -7% per year; rating input score 0; 45th percentile among comparable filings
- Revenue growth: -7.9% per year; rating input score 0; 41st percentile among comparable filings
- Asset growth: -8% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 97.4% of spending went to programs
- Governance: 16 of 16 board members independent · 4 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $182K in reported program spending
- Leadership: top reported pay $78K · 17 people listed
- Consistency: 13 of 14 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes grants
- Filing history: 9 filing years from 2012 to 2020
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.