MINNESOTA SECTION AMERICAN WATER WORKS ASSOCIATION (EIN 237026161) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

ERIC VOLK

Phone

6513242263

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA SECTION AMERICAN WATER WORKS ASSOCIATION, founded in 1991, is a small nonprofit in the Public & Societal Benefit sector that reported $454K in total revenue in fiscal year 2024. Expenses of $398K left a modest 12% surplus.

Mission

TO PROVIDE INFORMATION, EDUCATION, AND NETWORKING OPPORTUNITIES TO THE MN DRINKING WATER COMMUNITY.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,827

Program Service Revenue $372,361

Investment Income $33,890

Other Revenue $32,432

TOTAL REVENUE $453,510

Expense Breakdown

Grants Paid $22,493

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $254,566

Other Expenses $375,481

TOTAL EXPENSES $397,974

Year-over-Year Comparison

	2024	2023	Change
Revenue	$453,510	$434,967	+0.0%
Expenses	$397,974	$416,415	0.0%
Net Income	$55,536	$18,552	+2.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

150

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT ANDERSON	CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
TONY BELDEN	DIRECTOR	1.00	Officer Director	$0	$0	$0
ADAM BOURASSA	TRUSTEE	1.00	Director	$0	$0	$0
ABBIE BROWEN	TRUSTEE	1.00	Director	$0	$0	$0
JIM DELAMBERT	COUNCIL CHAI	1.00	Director	$0	$0	$0
KYLE HINRICHS	TRUSTEE	1.00	Director	$0	$0	$0
KATHRYN JONES	CHAIR	1.00	Officer Director	$0	$0	$0
DOUG KLAMERUS	PAST CHAIR	1.00	Officer Director	$0	$0	$0
ERINN KUNIK	COUNCIL CHAI	1.00	Director	$0	$0	$0
BRENT MASSMANN	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW OHRT	TRUSTEE	1.00	Director	$0	$0	$0
JOSH PROKOPEC	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW RASMUSSEN	COUNCIL CHAI	1.00	Director	$0	$0	$0
ADAM SALO	COUNCIL CHAI	1.00	Director	$0	$0	$0
CHAD TROITTE	TRUSTEE	1.00	Director	$0	$0	$0
RACQUEL VASKE	COUNCIL CHAI	1.00	Director	$0	$0	$0
ERIC VOLK	TREASURER	1.00	Officer Director	$0	$0	$0
ALLISON WHEELER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOE WOKSON	COUNCIL CHAI	1.00	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
2025	No data	No data	No data	No data
2024	$453,510	$397,974	$901,342	$55,536
2023	$434,967	$416,415	$841,253	$18,552
2022	$392,703	$315,856	$742,237	$76,847
2021	$290,419	$194,192	$802,725	$96,227
2020	$139,348	$129,867	$665,567	$9,481
2019	$367,290	$342,094	$608,385	$25,196
2018	$373,754	$362,583	$535,470	$11,171

MINNESOTA SECTION AMERICAN WATER WORKS ASSOCIATION