FLORIDA GROUND WATER ASSOCIATION

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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

1979

Legal Domicile

Principal Officer

DANIELLE JESSUP

Phone

8502055641

Tax Period

2025-01-01 to 2025-12-31

FLORIDA GROUND WATER ASSOCIATION, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $599K in total revenue in fiscal year 2025. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $137K, a strong 23% operating margin.

Mission

TO PROVIDE PROFESSIONAL AND TECHNICAL LEADERSHIP IN THE ADVANCEMENT OFTHE GROUND WATER INDUSTRY AND IN THE PROTECTION, THE PROMOTION, ANDTHE RESPONSIBLE DEVELOPMENT AND USE OF GROUND WATER RESOURCES IN THESTATE OF FLORIDA.

Program Service Accomplishments

Program 1

Expenses: $298,955 Revenue: $304,113

PROVIDES AN ANNUAL CONVENTION AND QUARTERLY MEMBERSHIP MEETINGS TO PROMOTE CURRENT ISSUES, CONTINUING EDUCATION, AND THE RESPONSIBLE DEVELOPMENT OF GROUND WATER RESOURCES IN THE STATE OF FLORIDA.

Program 2

Expenses: $38,135

PROVIDES PUBLICATION OF A NEWSLETTER TITLED THE FLORIDA DRILLER THAT PROMOTES AND FURTHERS THE KNOWLEDGE, GOALS, AND ACCOMPLISHMENTS OF THE GROUND WATER INDUSTRY IN THE STATE OF FLORIDA.

Program 3

Expenses: $23,500

PROVIDES SCHOLARSHIPS FOR INDIVIDUALS ENROLLED IN HIGHER EDUCATION INSTITUTIONS WITH A COURSE CURRICULUM FOCUS OR INTEREST IN THE WATER PRESERVATION INDUSTRY.

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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 $116,672

Program Service Revenue $460,798

Investment Income $21,620

Other Revenue $0

TOTAL REVENUE $599,090

Expense Breakdown

Grants Paid $23,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $460,334

Other Expenses $438,279

TOTAL EXPENSES $461,779

Year-over-Year Comparison

	2025	2024	Change
Revenue	$599,090	$426,220	+0.4%
Expenses	$461,779	$361,610	+0.3%
Net Income	$137,311	$64,610	+1.1%

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
LANCE PARTRIDGE	PRESIDENT	3.00	Officer Director	$0	$0	$0
WAYNE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WARD	DIRECTOR	1.00	Director	$0	$0	$0
MERRITT PARTRIDGE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOHNSON	IMMEDIATE PAST PRESIDENT	1.00	Director	$0	$0	$0
ROBERT BOB LILLAND	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT RJ HUSS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVE HILFIKER	DIRECTOR	1.00	Director	$0	$0	$0
NOAH RINGDAHL	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
DOUG KELLER	DIRECTOR	1.00	Director	$0	$0	$0
TRINT CLARK	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW HAUSINGER	DIRECTOR	1.00	Director	$0	$0	$0
MATT MCCONNELL	DIRECTOR	1.00	Director	$0	$0	$0
DAN RINGDAHL	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY SKINNER	DIRECTOR	1.00	Director	$0	$0	$0
DANIELLE JESSUP	EXECUTIVE DIRECTOR	20.00	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	$599,090	$461,779	$1,551,933	$137,311
2024	$426,220	$361,610	$1,334,362	$64,610
2023	$504,646	$424,994	$1,150,992	$79,652
2022	$274,317	$343,178	$884,380	$-68,861
2021	$486,345	$319,537	$1,183,995	$166,808
2020	$132,823	$196,877	$978,793	$-64,054
2019	$465,568	$287,164	$934,875	$178,404
2018	$294,059	$261,554	$672,970	$32,505