Whitmans Pond Association Inc

Nonprofit profile at a glance

EIN
043521138
IRS 990-EZ coverage
2021–2022
Forms available
Form 990-EZ 2022
Location
Weymouth, MA, USA
Phone
7816600049
Rating
34
Verdict
REVIEW
Rating confidence
Limited
Sector
Water Resource, Wetlands Conservation and Management

Reported finances

Revenue
$16
Expenses
$0
Assets
$28,722
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Daniel Kennedy (President)
  • Bruno Ruscio (Vice President)

People named in this filing

  • Daniel Kennedy (President)
  • James Coughlan (Treasurer)
  • Bruno Ruscio (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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization exists for the education of the members and the community at large on the importance of the pond as a herring run and the promotion of a healthy ecosystem. This has typically been augmented with a fishing festival held in conjunction with MA Dept of Fisheries and Wildlife, but the lasting impacts from Covid have hampered efforts at hosting a fishing festival over the past couple of years.

What it reported doing in 2022

We would normally host a joint fishing festival with the state, but due to Covid, we were unable to do so during this filing year.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 8
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -47.6% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 0.1% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2021 to 2022
  • 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 — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Growth: Revenue growth scored 0/100.