SOUTH WEBER IRRIGATION COMPANY (EIN 262014310) - 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

1997

Legal Domicile

Principal Officer

BLAIR HALVERSON

Phone

8016989878

Tax Period

2023-01-01 to 2023-12-31

SOUTH WEBER IRRIGATION COMPANY, founded in 1997, is a small nonprofit that reported $130K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $431K exceeded revenue, resulting in a 232% operating deficit.

Mission

TO PROVIDE SECONDARY PRESSURIZED WATER TO THE RESIDENCES IN THE WEST END OF SOUTH WEBER CITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $127,926

Program Service Revenue $0

Investment Income $1,850

Other Revenue $0

TOTAL REVENUE $129,776

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,711

Fundraising Expenses $0

Other Expenses $419,837

TOTAL EXPENSES $430,548

Year-over-Year Comparison

	2023	2022	Change
Revenue	$129,776	$160,794	-0.2%
Expenses	$430,548	$143,200	+2.0%
Net Income	$-300,772	$17,594	-18.1%

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

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
RON ANDERSON	WATER MASTER	5.00	Officer Director	$0	$0	$0
KENT BAMBROUGH	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
TOM BREWER	DIRECTOR	0.50	Director	$0	$0	$0
STANLEY COOK	DIRECTOR	0.50	Director	$0	$0	$0
BLAIR HALVERSON	PRESIDENT	5.00	Officer Director	$0	$0	$0
TERI HALVERSON	SECRETARY	10.00	Director	$0	$0	$0
GLEN POLL	DIRECTOR	0.50	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	No data	No data	No data	No data
2023	$129,776	$430,548	$1,138,656	$-300,772
2022	$160,794	$143,200	$1,497,843	$17,594
2021	$244,662	$266,654	$1,539,329	$-21,992
2020	$220,464	$138,934	$1,620,662	$81,530
2018	$146,815	$146,639	$1,572,216	$176

SOUTH WEBER IRRIGATION COMPANY