WATSON WATER COMPANY INC (EIN 351125595) - 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

1964

Legal Domicile

Principal Officer

ANDREW SETTLE

Phone

8122465416

Tax Period

2025-01-01 to 2025-12-31

WATSON WATER COMPANY INC, founded in 1964, is a community nonprofit that reported $6.9M in total revenue in fiscal year 2025. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.8M, a strong 54% operating margin.

Mission

TO PROVIDE CLEAN, POTABLE WATER TO THE MEMBERS OF THE CORPORATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $6,605,295

Investment Income $320,924

Other Revenue $21,994

TOTAL REVENUE $6,948,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,162,725

Fundraising Expenses $0

Other Expenses $2,032,363

TOTAL EXPENSES $3,195,088

Year-over-Year Comparison

	2025	2024	Change
Revenue	$6,948,213	$5,935,811	+0.2%
Expenses	$3,195,088	$3,134,676	+0.0%
Net Income	$3,753,125	$2,801,135	+0.3%

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

$32,480

Total Directors

$70,605

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEN ASHACK	SECRETARY	1.00	Officer Director	$8,140	$0	$8,140
MARK FOSTER	VICE PRESIDE	1.00	Officer Director	$8,140	$0	$8,140
ANDREW SETTLE	PRESIDENT	1.00	Officer Director	$8,140	$0	$8,140
DENNIS HILL	DIRECTOR	1.00	Director	$8,100	$0	$8,100
JOSH HILLMAN	TREASURER	1.00	Officer Director	$8,060	$0	$8,060
ERIC GOODMAN	DIRECTOR	1.00	Director	$7,900	$0	$7,900
TOM KING	DIRECTOR	1.00	Director	$7,900	$0	$7,900
MIKE MYERS	DIRECTOR	1.00	Director	$7,900	$0	$7,900
TINA HOFFMAN	DIRECTOR	1.00	Director	$6,325	$0	$6,325

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	$6,948,213	$3,195,088	$31,139,261	$3,753,125
2024	$5,935,811	$3,134,676	$27,882,058	$2,801,135
2023	$4,838,213	$2,817,186	$25,342,957	$2,021,027
2022	$4,477,415	$2,654,776	$23,644,070	$1,822,639
2021	$4,087,704	$2,723,445	$22,160,626	$1,364,259
2020	$4,253,246	$2,333,321	$20,947,052	$1,919,925
2019	$4,014,971	$2,172,534	$19,554,096	$1,842,437
2018	$4,317,462	$2,058,912	$16,952,337	$2,258,550

WATSON WATER COMPANY INC