PETERSON WATER SYSTEMS INC

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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

Phone

2055567785

Tax Period

2024-01-01 to 2024-12-31

PETERSON WATER SYSTEMS INC, founded in 1969, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $340K, a strong 33% operating margin.

Mission

THE SYSTEM PROVIDES DRINKING WATER TO OVER 600 RESIDENTS AND BUSINESSES. IT IS A COMMUNITY WATER SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $696,475

THE SYSTEM PROVIDES DRINKING WATER TO OVER 600 RESIDENTS AND INDIVIDUALS ON THE COMMUNITY WATER SYSTEM IN AN ECONOMIC MANNER SO THAT CITIZENS CAN AFFORD SAFE WATER.

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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 $475,895

Program Service Revenue $556,964

Investment Income $3,354

Other Revenue $0

TOTAL REVENUE $1,036,213

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,612

Fundraising Expenses $0

Program Expenses $696,475

Other Expenses $638,863

TOTAL EXPENSES $696,475

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,036,213	$827,871	+0.3%
Expenses	$696,475	$546,182	+0.3%
Net Income	$339,738	$281,689	+0.2%

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
TOMMY JONES	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PAUL COOK	DIRECTOR	2.00	Officer	$0	$0	$0
DENNIS SELLERS	PRESIDENT	5.00	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	$1,036,213	$696,475	$1,665,112	$339,738
2023	$827,871	$546,182	$1,130,972	$281,689
2022	$525,965	$552,570	$851,752	$-26,605
2021	$472,922	$512,029	$866,064	$-39,107
2020	$460,496	$505,944	$895,288	$-45,448
2019	$420,472	$436,339	$981,023	$-15,867
2018	$401,843	$396,799	$1,045,780	$5,044