DEEPER WATERS INC (EIN 431719504) - 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

1995

Legal Domicile

Phone

8169424317

Tax Period

2023-01-01 to 2023-12-31

DEEPER WATERS INC, founded in 1995, is a micro nonprofit in the Religion sector that reported $57K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $55K left a modest 4% surplus.

Mission

RELIGIOUS, FOCUSING ON THE YOUTH

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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 $54,465

Program Service Revenue $0

Investment Income $0

Other Revenue $2,580

TOTAL REVENUE $57,045

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,640

Other Expenses $54,650

TOTAL EXPENSES $54,650

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,045	$41,232	+0.4%
Expenses	$54,650	$48,153	+0.1%
Net Income	$2,395	$-6,921	-1.3%

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

N/A

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
BOB HARTLEY	President	40.00	Officer Director	$0	$0	$0
CAITLIN DUBON	Trustee	0.00	Director	$0	$0	$0
KRUZ ROBERTS	Trustee	0.00	Director	$0	$0	$0
DANIEL FALLS	Trustee	0.00	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
2024	No data	No data	No data	No data
2023	$57,045	$54,650	$476,327	$2,395
2022	$41,232	$48,153	$473,269	$-6,921
2021	$52,221	$60,514	$486,449	$-8,293
2020	$27,751	$47,181	$499,463	$-19,430
2019	$26,947	$21,225	$638,286	$5,722
2019	$26,947	$21,225	$488,955	$5,722
2018	$3,182	$38,334	$629,825	$-35,152

DEEPER WATERS INC