Daybreak Water Company (EIN 475519384) - 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

2015

Legal Domicile

Principal Officer

Vagner Soares

Phone

8012548062

Tax Period

2025-01-01 to 2025-12-31

Daybreak Water Company, founded in 2015, is a community nonprofit in the Public & Societal Benefit sector that reported $1.6M in total revenue in fiscal year 2025. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 28% operating deficit.

Mission

To acquire and/or construct, develop, maintain, and operate a secondary water system for the benefit of its members/shareholders within the master planned community of Daybreak in South Jordan, UT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,547,920

Investment Income $10,838

Other Revenue $0

TOTAL REVENUE $1,558,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,615,672

Other Expenses $1,996,164

TOTAL EXPENSES $1,996,164

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,558,758	$1,118,000	+0.4%
Expenses	$1,996,164	$1,004,643	+1.0%
Net Income	$-437,406	$113,357	-4.9%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brady Heaps	Treasurer	1.00	Officer Director	$0	$0	$0
Tyson Taft	Secretary	1.00	Officer Director	$0	$0	$0
Vagner Soares	President	1.00	Officer 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	$1,558,758	$1,996,164	$7,124,893	$-437,406
2024	$1,118,000	$1,004,643	$7,642,672	$113,357
2023	$1,113,352	$1,234,275	$7,537,673	$-120,923
2022	$1,047,607	$1,212,630	$7,811,940	$-165,023
2021	$960,250	$1,335,949	$7,878,114	$-375,699
2020	$904,598	$978,923	$8,312,783	$-74,325
2019	$917,761	$1,033,140	$8,493,212	$-115,379
2018	$834,774	$1,046,161	$8,582,182	$-211,387

Daybreak Water Company