MASSACHUSETTS WATER WORKS ASSOCIATION INC (EIN 042638649) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1950

Legal Domicile

Principal Officer

MATTHEW PEARSON

Phone

9782631388

Tax Period

2024-01-01 to 2024-12-31

MASSACHUSETTS WATER WORKS ASSOCIATION INC, founded in 1950, is a small nonprofit in the Public & Societal Benefit sector that reported $844K in total revenue in fiscal year 2024. The organization ran a surplus of $192K, a strong 23% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO PROMOTE THE ADVANCEMENT OF THE DRINKING WATER PROFESSION THROUGH EDUCATION AND ADVOCACY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,930

Program Service Revenue $773,007

Investment Income $57,502

Other Revenue $5,257

TOTAL REVENUE $843,696

Expense Breakdown

Grants Paid $8,000

Salaries & Benefits $354,973

Fundraising Expenses $0

Program Expenses $460,326

Other Expenses $288,311

TOTAL EXPENSES $651,284

Year-over-Year Comparison

	2024	2023	Change
Revenue	$843,696	$831,155	+0.0%
Expenses	$651,284	$671,716	0.0%
Net Income	$192,412	$159,439	+0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

163

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$171,265

Total Directors

$3,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAIMYE BARTAK	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVEN HORN	PRESIDENT ELECT	1.00	Director	$0	$0	$0
BLAKE LUKIS	SECRETARY	1.00	Officer Director	$0	$0	$0
MATTHEW PEARSON	TREASURER	5.00	Officer Director	$3,000	$0	$3,000
KIMBERLY ABRAHAM	DIRECTOR	1.00	Director	$0	$0	$0
JON GREGORY	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN UNDERWOOD	PAST PRESIDENT	1.00	Director	$0	$0	$0
JENNIFER PEDERSON	EXECUTIVE DIRECTOR	40.00	Officer	$165,260	$3,005	$168,265
DANIEL LAPRADE	TRAINING COORDINATOR	40.00	Highest	$104,588	$1,902	$106,490

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$843,696	$651,284	$1,523,984	$192,412
2023	$831,155	$671,716	$1,395,811	$159,439
2022	$736,884	$584,229	$1,221,678	$152,655
2021	$698,118	$569,855	$1,055,678	$128,263
2020	$509,741	$422,080	$903,058	$87,661

MASSACHUSETTS WATER WORKS ASSOCIATION INC