H2OS FOUNDATION INC (EIN 261729376) - 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

2008

Legal Domicile

Principal Officer

JONATHAN STRAUSS

Phone

3052836391

Tax Period

2024-01-01 to 2024-12-31

H2OS FOUNDATION INC, founded in 2008, is a small nonprofit in the Youth Development sector that reported $427K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

THE PURPOSE OF THE FOUNDATION IS TO PROVIDE SWIMMING INSTRUCTION TO ECONOMICALLY DISADVANTAGED CHILDREN AND TO PROVIDE CAREER OPPORTUNITIES TO AT RISK INDIVIDUALS BY OFFERING LIFEGUARD AND INSTRUCTOR CERTIFICATION COURSES FREE OF CHARGE. IN ADDITION TO OFFERING SUCH SERVICES DIRECTLY TO INDIVIDUALS IN NEED, THE FOUNDATION MAY ALSO PROVIDE SUCH SERVICES TO OTHER COMMUNITY OR CHARITABLE ORGANIZATIONS WHICH WILL PROVIDE SUCH SERVICES AT NO COST TO INDIVIDUALS IN NEED.

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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 $427,357

Investment Income $0

Other Revenue $0

TOTAL REVENUE $427,357

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $371,962

Other Expenses $415,690

TOTAL EXPENSES $415,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$427,357	$487,391	-0.1%
Expenses	$415,690	$409,428	+0.0%
Net Income	$11,667	$77,963	-0.9%

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

N/A

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

$23,161

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIE STRAUSS	TREASURER	5.00	Officer	$0	$0	$11,595
ROBERT STRAUSS	PRESIDENT	5.00	Officer	$0	$0	$11,566
ALAN STRAUSS	SECRETARY	N/A	Officer	$0	$0	$0
JONATHAN STRAUSS	VICE PRESIDE	N/A	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	$427,357	$415,690	$301,337	$11,667
2023	$487,391	$409,428	$336,577	$77,963
2022	$323,181	$350,432	$303,280	$-27,251
2021	$356,644	$331,721	$291,233	$24,923
2020	$141,856	$256,353	$61,726	$-114,497
2019	$314,128	$315,263	$28,526	$-1,135
2018	$371,397	$380,481	$38,315	$-9,084

H2OS FOUNDATION INC