SPRINGRIDGE WATER COMMITTEE (EIN 261837197) - 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

2006

Legal Domicile

Principal Officer

BARBARA LARIME

Phone

9706181695

Tax Period

2024-01-01 to 2024-12-31

SPRINGRIDGE WATER COMMITTEE, founded in 2006, is a micro nonprofit that reported $52K in total revenue in fiscal year 2024. The organization ran a surplus of $24K, a strong 47% operating margin.

Mission

TO PROVIDE WATER SERVICES TO COOPERATIVE ASSOCIATION MEMBERS

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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 $42,300

Program Service Revenue $0

Investment Income $9,600

Other Revenue $0

TOTAL REVENUE $51,900

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,464

Other Expenses $27,464

TOTAL EXPENSES $27,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,900	N/A	N/A
Expenses	$27,464	N/A	N/A
Net Income	$24,436	$0	N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA LARIME	PRESIDENT	2.00	Officer	$0	$0	$0
JOHN ELLWOOD	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JENNIFER CHIPMAN	SECRETARY/TREASURER	2.00	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
2025	No data	No data	No data	No data
2024	$51,900	$27,464	$238,430	$24,436

SPRINGRIDGE WATER COMMITTEE