BRONSTON WATER ASSOCIATION INC (EIN 610847213) - 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

1969

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

BRONSTON WATER ASSOCIATION INC, founded in 1969, is a small nonprofit that reported $953K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE IS TO PROVIDE A CLEAN, SANITARY, RELIABLE SOURCE OF WATER FOR MEMBERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $933,970

Investment Income $19,240

Other Revenue $0

TOTAL REVENUE $953,210

Expense Breakdown

Grants Paid $0

Salaries & Benefits $172,652

Fundraising Expenses $0

Program Expenses $1,062,970

Other Expenses $917,041

TOTAL EXPENSES $1,089,693

Year-over-Year Comparison

	2023	2022	Change
Revenue	$953,210	$967,371	0.0%
Expenses	$1,089,693	$1,016,355	+0.1%
Net Income	$-136,483	$-48,984	+1.8%

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

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
CLINT KEITH	DIRECTOR	2.00	Director	$0	$0	$0
MATT TUCKER	DIRECTOR	2.00	Director	$0	$0	$0
LELAND KEITH	VICE PRESIDENT	2.00	Director	$0	$0	$0
ERIC KEITH	SECRETARY TREASURER	2.00	Officer Director	$0	$0	$0
CHARLES CASADA	PRESIDENT	2.00	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	No data	No data	No data	No data
2023	$953,210	$1,089,693	$8,302,468	$-136,483
2022	$967,371	$1,016,355	$8,132,243	$-48,984
2021	$852,037	$840,467	$8,255,419	$11,570
2020	$820,422	$959,440	$7,665,437	$-139,018
2019	$1,212,444	$851,040	$7,874,499	$361,404
2018	$777,408	$849,378	$7,561,288	$-71,970

BRONSTON WATER ASSOCIATION INC