C-51 Reservoir Inc (EIN 461320660) - 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

2012

Legal Domicile

Tax Period

2024-10-01 to 2025-09-30

C-51 Reservoir Inc, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $919K, a strong 68% operating margin.

Mission

C-51 Reservoir Inc. develops and operates the C-51 Reservoir to expand regional water supply, support environmental protection, and provide alternative water sources for public utilities in Palm Beach County, Florida.

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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 $0

Program Service Revenue $1,357,825

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,357,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $429,388

Other Expenses $438,389

TOTAL EXPENSES $438,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,357,825	N/A	N/A
Expenses	$438,389	N/A	N/A
Net Income	$919,436	N/A	N/A

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

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	Role	Reportable Comp	Other Comp	Total
Virginia Walsh	President	Officer	$0	$0	$0
Alan Garcia	Vice President	Officer	$0	$0	$0
Michael McElligott	Secretary	Officer	$0	$0	$0
Michael McElligott	Treasurer	Officer	$0	$0	$0
Todd Hiteshew	Assistant Secretary	Officer	$0	$0	$0
Jeff Towen	Assistant Secretary	Officer	$0	$0	$0
Marta Reczko	Assistant Secretary	Officer	$0	$0	$0
Fernando Rodriguez	Assistant Secretary	Officer	$0	$0	$0
Renuka Mohammed	Assistant Secretary	Officer	$0	$0	$0
Rodrigo de Castro	Assistant Secretary	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
2025	$1,357,825	$438,389	$1,045,895	$919,436
2024	$1,679,499	$146,930	$1,544,220	$1,532,569

C-51 Reservoir Inc