WATER QUALITY RESEARCH FOUNDATION (EIN 237063420) - 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

1952

Legal Domicile

Principal Officer

KYLE JONES

Phone

6305050160

Tax Period

2024-01-01 to 2024-12-31

WATER QUALITY RESEARCH FOUNDATION, founded in 1952, is a small nonprofit in the Environment sector that reported $294K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $462K exceeded revenue, resulting in a 57% operating deficit.

Mission

EDUCATION & RESEARCH

🔒

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 $205,891

Program Service Revenue $0

Investment Income $102,987

Other Revenue $-15,131

TOTAL REVENUE $293,747

Expense Breakdown

Grants Paid $231,571

Salaries & Benefits $0

Fundraising Expenses $15,758

Program Expenses $351,286

Other Expenses $230,026

TOTAL EXPENSES $461,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,747	$847,145	-0.7%
Expenses	$461,597	$438,458	+0.1%
Net Income	$-167,850	$408,687	-1.4%

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

N/A

Volunteers

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
RICHARD A MEST	DIRECTOR	0.25	Director	$0	$0	$0
BRET P TANGLEY	PRESIDENT	0.25	Officer Director	$0	$0	$0
DOUGLAS S KARGE	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
DOUG ANDERSON	DIRECTOR	0.25	Director	$0	$0	$0
DONALD K MCGHEE	SECRETARY/ TREASURER	0.25	Officer Director	$0	$0	$0
LARRY GOTTLIEB	DIRECTOR	0.25	Director	$0	$0	$0
DEEPAK RAO	DIRECTOR	0.25	Director	$0	$0	$0
ROBERT MAISNER	DIRECTOR	0.25	Director	$0	$0	$0
CHRIS WILKER	DIRECTOR	0.25	Director	$0	$0	$0
LAURA UNDESSER	CEO	0.25	Officer	$0	$0	$0
KYLE JONES	CFO	0.25	Officer	$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	$293,747	$461,597	$5,428,701	$-167,850
2023	$847,145	$438,458	$5,545,192	$408,687
2022	$3,099,297	$696,159	$5,027,465	$2,403,138
2021	$343,033	$557,400	$2,689,251	$-214,367
2020	$257,281	$371,126	$2,892,731	$-113,845
2019	$392,502	$486,597	$3,001,296	$-94,095
2018	$146,588	$333,531	$3,119,365	$-186,943

WATER QUALITY RESEARCH FOUNDATION