FLORIDA WATER & POLLUTION CONTROL OPERATORS ASSOCIATION INC (EIN 592780778) - 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

1964

Legal Domicile

Principal Officer

RICHARD BISHOP

Phone

5616272900

Tax Period

2024-01-01 to 2024-12-31

FLORIDA WATER & POLLUTION CONTROL OPERATORS ASSOCIATION INC, founded in 1964, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $184K, a strong 16% operating margin.

Mission

EDUCATION AND TRAINING FOR TREATMENT OF WATER AND SEWER

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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 $5,000

Program Service Revenue $1,085,586

Investment Income $48,474

Other Revenue $0

TOTAL REVENUE $1,139,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,897

Fundraising Expenses $0

Program Expenses $765,313

Other Expenses $840,226

TOTAL EXPENSES $955,123

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,139,060	$953,752	+0.2%
Expenses	$955,123	$922,457	+0.0%
Net Income	$183,937	$31,295	+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

N/A

Employees

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
RICHARD BISHOP	SECT/TREASURER	10.00	Officer	$0	$0	$0
SCOTT RULAND	SECT/TREASURER-ELECT	5.00	Officer	$0	$0	$0
PATRICK MURPHY	PAST-PRESIDENT	10.00	Officer	$0	$0	$0
KEVIN SHROPSHIRE	VICE PRESIDENT	5.00	Officer	$0	$0	$0
ATHENA TIPALDOS	PRESIDENT	10.00	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
2024	$1,139,060	$955,123	$1,789,278	$183,937
2023	$953,752	$922,457	$1,605,341	$31,295
2022	$658,792	$749,449	$1,574,046	$-90,657
2021	$746,170	$800,287	$1,664,703	$-54,117
2020	$524,497	$610,242	$1,718,820	$-85,745

FLORIDA WATER & POLLUTION CONTROL OPERATORS ASSOCIATION INC