NEBRASKA WELL DRILLERS ASSOCIATION (EIN 476024999) - 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

1928

Legal Domicile

Principal Officer

LEE ORTON

Phone

4024760162

Tax Period

2024-01-01 to 2024-12-31

NEBRASKA WELL DRILLERS ASSOCIATION, founded in 1928, is a small nonprofit that reported $226K in total revenue in fiscal year 2024. Expenses of $213K left a modest 6% surplus.

Mission

INDUSTRY AND PUBLIC EDUCATION ABOUT GROUNDWATER

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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 $33,865

Program Service Revenue $175,949

Investment Income $15,386

Other Revenue $861

TOTAL REVENUE $226,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $213,474

TOTAL EXPENSES $213,474

Year-over-Year Comparison

	2024	2023	Change
Revenue	$226,061	$211,902	+0.1%
Expenses	$213,474	$206,857	+0.0%
Net Income	$12,587	$5,045	+1.5%

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
JIM REMMENGA	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
BRENT DOWNEY	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID DOWNEY	DIRECTOR	1.00	Director	$0	$0	$0
CASEY CHRISTENSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS CHRISTOPHERSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT PREISTER	DIRECTOR	1.00	Director	$0	$0	$0
SHANON WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WHITESEL	DIRECTOR AT LARGE	1.00	Director	$0	$0	$0
BRAD PETERSEN	DIRECTOR	1.00	Director	$0	$0	$0
LEE ORTON	EXECUTIVE DIRECTOR	1.00	Director	$0	$0	$0
JASON ORTON	ASSISTANT TO THE EXECUTIVE	1.00	Director	$0	$0	$0
GREG TECH	DIRECTOR	1.00	Director	$0	$0	$0
KYLE KNIGHT	SECRETARY	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
2024	$226,061	$213,474	$279,125	$12,587
2023	$211,902	$206,857	$266,538	$5,045
2022	$240,960	$185,039	$257,502	$55,921
2021	$90,705	$118,509	$217,421	$-27,804
2020	$133,963	$176,377	$199,467	$-42,414
2019	$169,688	$189,241	$241,881	$-19,553
2018	$219,134	$162,330	$261,434	$56,804

NEBRASKA WELL DRILLERS ASSOCIATION