HEADWATERS INC (EIN 391658017) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

Alan Rock

Phone

7153691337

Tax Period

2025-01-01 to 2025-12-31

HEADWATERS INC, founded in 1981, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2025.

Mission

Serving people with disabilities as citizens of Onieda, Forest, Vilas and Price Counties, Wisconsin. We support people to have a meaningful life by working and contributing to their communities. Catholic Charities Bureau Affiliates are organized to maintain, operate and conduct; directly or indirectly; as well as to assist and coordinate activities and Social Services in accordance with the charitable Works and traditions of the Roman Catholic Church. Works are carried out in accordance with Catholic Social teachings.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,732,947

Program Service Revenue $110,453

Investment Income $4,569

Other Revenue $72,689

TOTAL REVENUE $1,920,658

Expense Breakdown

Grants Paid $18,529

Salaries & Benefits $1,466,606

Fundraising Expenses $0

Program Expenses $1,584,429

Other Expenses $564,558

TOTAL EXPENSES $2,049,693

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,920,658	$1,803,216	+0.1%
Expenses	$2,049,693	$1,869,393	+0.1%
Net Income	$-129,035	$-66,177	+0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
Benjamin Opsal	President	1	Officer Director	$0	$0	$0
Stefanie Edwards	Vice President	1	Officer Director	$0	$0	$0
Bluette Puchner	Secretary/Treasurer	1	Officer Director	$0	$0	$0
Michael Carlson	Board Director	1	Director	$0	$0	$0
Gary Valley	Board Director	1	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	$1,920,658	$2,049,693	$1,396,093	$-129,035
2024	$1,803,216	$1,869,393	$1,505,085	$-66,177
2023	$1,814,926	$1,714,799	$1,689,813	$100,127
2022	$1,745,287	$1,613,219	$1,527,335	$132,068
2021	$2,476,776	$2,024,464	$1,316,062	$452,312
2020	$2,463,484	$2,437,496	$891,108	$25,988
2019	$2,809,911	$2,832,499	$962,281	$-22,588
2018	$2,760,801	$2,565,372	$976,282	$195,429

HEADWATERS INC