EAST LAWRENCE WATER AUTHORITY (EIN 200451323) - 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

1966

Legal Domicile

Principal Officer

DON APPLE

Phone

8122799562

Tax Period

2024-01-01 to 2024-12-31

EAST LAWRENCE WATER AUTHORITY, founded in 1966, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 28% operating deficit.

Mission

THE AUTHORITY IS A MEMBER-OWNED NOT-FOR-PROFIT AUTHORITY THAT CONSTRUCTS, OWNS AND MAINTAINS A COMPLETE WATER SYSTEM TO PROVIDE FOR THE DISTRIBUTION OF POTABLE WATER FOR DOMESTIC, COMMERCIAL, SCHOOL, CHURCH AND OTHER PURPOSES INCLUDING FIRE PROTECTION.

🔒

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 $0

Program Service Revenue $0

Investment Income $8,472

Other Revenue $1,733,974

TOTAL REVENUE $1,742,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $728,120

Fundraising Expenses $0

Program Expenses $1,741,663

Other Expenses $1,493,708

TOTAL EXPENSES $2,221,828

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,742,446	$1,874,123	-0.1%
Expenses	$2,221,828	$2,141,118	+0.0%
Net Income	$-479,382	$-266,995	+0.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DON APPLE	VICE-PRESIDENT/TREASURER	Director	$0	$0	$0
JOHN THOMAS	DIRECTOR	Director	$0	$0	$0
DUANE MARTIN	DIRECTOR	Director	$0	$0	$0
DENNIS PARSLEY	DIRECTOR	Director	$0	$0	$0
JON HOFFMAN	DIRECTOR	Director	$0	$0	$0
PHIL SCHERSCHEL	DIRECTOR	Director	$0	$0	$0
DARREN YATES	DIRECTOR	Director	$0	$0	$0

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
2024	$1,742,446	$2,221,828	$7,000,976	$-479,382
2023	$1,874,123	$2,141,118	$7,255,549	$-266,995
2022	$1,749,259	$1,977,777	$7,416,528	$-228,518
2021	$1,914,906	$1,834,707	$7,478,821	$80,199
2020	$1,712,940	$1,768,558	$7,262,102	$-55,618

EAST LAWRENCE WATER AUTHORITY