SILVER CREEK WATER CORPORATION (EIN 351119457) - 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

1963

Legal Domicile

Principal Officer

DOUG CHUMBLER

Phone

8122462889

Tax Period

2023-01-01 to 2023-12-31

SILVER CREEK WATER CORPORATION, founded in 1963, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2023. Expenses of $4.0M left a modest 7% surplus.

Mission

DISTRIBUTE WATER TO 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,338,303

Investment Income $6,039

Other Revenue $0

TOTAL REVENUE $4,344,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,110,276

Fundraising Expenses $0

Other Expenses $2,913,996

TOTAL EXPENSES $4,024,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,344,342	$4,285,209	+0.0%
Expenses	$4,024,272	$3,538,451	+0.1%
Net Income	$320,070	$746,758	-0.6%

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

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

$17,600

Total Directors

$8,225

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS SNYDER	VICE PRESIDE	1.00	Officer	$7,000	$0	$7,000
DOUG CHUMBLER	PRESIDENT	1.00	Officer	$4,200	$0	$4,200
ROBERT MARK BELLES	TREASURER	1.00	Officer	$3,200	$0	$3,200
PATRICIA BYRD	SECRETARY	1.00	Officer	$3,200	$0	$3,200
SAM KELLEY	DIRECTOR	1.00	Director	$2,800	$0	$2,800
KENNY RUSH	DIRECTOR	1.00	Director	$2,800	$0	$2,800
TIMOTHY PEOPLES	DIRECTOR	1.00	Director	$2,625	$0	$2,625

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	$4,344,342	$4,024,272	$16,048,731	$320,070
2022	$4,285,209	$3,538,451	$15,648,410	$746,758
2021	$4,006,036	$3,250,469	$15,720,787	$755,567
2020	$3,890,269	$3,166,976	$16,020,464	$723,293
2019	$3,429,877	$3,639,208	$15,332,863	$-209,331
2018	$3,193,134	$3,313,203	$15,626,278	$-120,069

SILVER CREEK WATER CORPORATION