HEMMI ROAD WATER ASSOCIATION INC (EIN 237428058) - 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

1960

Legal Domicile

Principal Officer

NEIL AHRENS

Phone

3603981329

Tax Period

2024-03-01 to 2025-02-28

HEMMI ROAD WATER ASSOCIATION INC, founded in 1960, is a small nonprofit in the Mutual Benefit sector that reported $181K in total revenue in fiscal year 2024. The organization ran a surplus of $70K, a strong 39% operating margin.

Mission

LOCAL WATER ASSOCIATION

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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 $0

Program Service Revenue $173,497

Investment Income $7,546

Other Revenue $0

TOTAL REVENUE $181,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,584

Other Expenses $110,586

TOTAL EXPENSES $110,586

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,043	$181,971	0.0%
Expenses	$110,586	$111,169	0.0%
Net Income	$70,457	$70,802	0.0%

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

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

$1,031

Total Directors

$1,031

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE LYNG	VICE-PRESIDENT	0.00	Officer Director	$0	$0	$0
SPENCER AHRENS	DIRECTOR	0.00	Director	$0	$0	$0
NEIL AHRENS	PRESIDENT	10.00	Officer Director	$1,031	$0	$1,031
JOE WALTON	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
MEL BLANKERS	DIRECTOR	0.00	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	$181,043	$110,586	$933,261	$70,457
2024	$181,971	$111,169	$859,304	$70,802
2023	$182,277	$117,886	$820,530	$64,391
2022	$168,983	$112,639	$779,772	$56,344
2021	$163,690	$106,618	$746,242	$57,072
2020	$173,527	$115,131	$712,730	$58,396
2019	$178,827	$241,580	$676,704	$-62,753

HEMMI ROAD WATER ASSOCIATION INC