INDIANA WATER ENVIROMENT ASSOC

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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

1976

Legal Domicile

Principal Officer

KATE DEHAAN

Phone

3176862664

Tax Period

2023-01-01 to 2023-12-31

INDIANA WATER ENVIROMENT ASSOC, founded in 1976, is a small nonprofit in the Environment sector that reported $538K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE INFORMATION, EDUCATION AND TRAINING IN WATER POLLUTION CONTROL.

Program Service Accomplishments

Program 1

Expenses: $514,256 Revenue: $461,681

CONFERENCES, MEETINGS AND SEMINARS TO PROVIDE CONTINUING EDUCATION AND TRAINING TO ALL PERSONS ENGAGED IN THE WATER POLLUTION CONTROL FIELD.

Program 2

Expenses: $5,968 Revenue: $27,285

MEMBERSHIP - TO MAINTAIN AND SERVICE THE MEMBERSHIP.

Program 3

Expenses: $4,910 Revenue: $41,106

PRINTING PUBLICATIONS - PUBLISH A QUARTERLY NEWSLETTER TO ALL MEMBERS TO INFORM THEM ON THE LATEST INFORMATION ON WATER POLLUTION CONTROL.

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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 $0

Program Service Revenue $530,072

Investment Income $7,962

Other Revenue $0

TOTAL REVENUE $538,034

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $525,134

Other Expenses $525,134

TOTAL EXPENSES $525,134

Year-over-Year Comparison

	2023	2022	Change
Revenue	$538,034	$467,157	+0.2%
Expenses	$525,134	$482,184	+0.1%
Net Income	$12,900	$-15,027	-1.9%

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

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
KATE DEHAAN	EXECUTIVE DI	N/A	Director	$0	$0	$0
CRAIG WILLIAMS	PAST PRESIDE	N/A	Officer	$0	$0	$0
TARA WASHINGTON	PRESIDENT	N/A	Officer	$0	$0	$0
ROBIN SHRADER	PRESIDENT E	N/A	Officer	$0	$0	$0
EMILY WEHMEYER	VICE PRESIDE	N/A	Officer	$0	$0	$0
MAITHILEE DAS LAPPIN	SECRETARY/T	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	No data	No data	No data	No data
2023	$538,034	$525,134	$265,219	$12,900
2022	$467,157	$482,184	$204,900	$-15,027
2021	$443,058	$468,801	$234,562	$-25,743
2020	$237,977	$253,849	$250,192	$-15,872