EAST FORK WATER INC (EIN 351343283) - 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

1971

Legal Domicile

Principal Officer

JEFF HORNEY

Phone

8122472083

Tax Period

2024-01-01 to 2024-12-31

EAST FORK WATER INC, founded in 1971, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $182K, a strong 17% operating margin.

Mission

WATER UTILITY

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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 $59,775

Program Service Revenue $956,062

Investment Income $34,740

Other Revenue $6,870

TOTAL REVENUE $1,057,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $323,694

Fundraising Expenses $0

Other Expenses $551,818

TOTAL EXPENSES $875,512

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,057,447	$1,121,392	-0.1%
Expenses	$875,512	$835,653	+0.0%
Net Income	$181,935	$285,739	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF HORNEY	PRESIDENT	1.00	Officer	$0	$0	$0
TERRY STREET	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
SHERRY WADE	TREASURER	1.00	Officer	$0	$0	$0
KEN LANNAN	SECRETARY	1.00	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
2024	$1,057,447	$875,512	$4,545,793	$181,935
2023	$1,121,392	$835,653	$4,491,068	$285,739
2022	$896,887	$892,263	$4,294,113	$4,624
2021	$943,788	$727,971	$4,401,812	$215,817
2020	$851,216	$751,056	$4,339,032	$100,160
2019	$868,334	$652,843	$3,975,938	$215,491
2018	$805,471	$618,501	$3,904,197	$186,970

EAST FORK WATER INC