Spring Valley Water System (EIN 472301358) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

Jimmy Looney

Phone

2567620525

Tax Period

2023-01-01 to 2023-12-31

Spring Valley Water System, founded in 1971, is a community nonprofit in the Public & Societal Benefit sector that reported $1.2M in total revenue in fiscal year 2018. Expenses of $1.1M left a modest 8% surplus.

Mission

Retail Water Sales to Members

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,259,455

Investment Income $28,204

Other Revenue $0

TOTAL REVENUE $1,287,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,383,677

Other Expenses $1,383,677

TOTAL EXPENSES $1,383,677

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,287,659	$1,310,717	0.0%
Expenses	$1,383,677	$1,298,705	+0.1%
Net Income	$-96,018	$12,012	-9.0%

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

$7,050

Total Directors

$7,050

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jimmey Looney	President	4.00	Officer Director	$2,350	$0	$2,350
Tony Jones	Vice-President	4.00	Officer Director	$2,350	$0	$2,350
Hobert Butler	Secretary	4.00	Officer Director	$2,350	$0	$2,350

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	$1,287,659	$1,383,677	$5,563,718	$-96,018
2022	$1,310,717	$1,298,705	$5,722,640	$12,012
2021	$1,245,211	$1,317,418	$5,760,559	$-72,207
2020	$1,211,727	$1,255,216	$5,884,672	$-43,489
2019	$1,187,807	$1,111,588	$5,788,330	$76,219
2018	$1,212,010	$1,117,687	$4,946,743	$94,323

Spring Valley Water System