FRIENDSHIP WATER WORKS (EIN 630686111) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

STEVE DENNIS

Phone

3342836463

Tax Period

2023-01-01 to 2023-12-31

FRIENDSHIP WATER WORKS, founded in 1971, is a small nonprofit that reported $818K in total revenue in fiscal year 2019. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $721K left a modest 12% surplus.

Mission

SUPPLY WATER TO ITS MEMBERS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $915,516

Investment Income $3,875

Other Revenue $6,522

TOTAL REVENUE $925,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,193

Fundraising Expenses $0

Program Expenses $869,106

Other Expenses $670,913

TOTAL EXPENSES $869,106

Year-over-Year Comparison

	2023	2022	Change
Revenue	$925,913	$864,648	+0.1%
Expenses	$869,106	$793,875	+0.1%
Net Income	$56,807	$70,773	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$26,801

Total Directors

$2,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE DENNIS	CHAIRMAN	20.00	Officer	$26,001	$0	$26,001
TERRY POAGUE	VICE CHAIRMA	N/A	Officer	$600	$0	$600
ANN WEBSTER	SECRETARY/TR	N/A	Officer	$200	$0	$200
TOBY WARD	BOARD MEMBER	N/A	Director	$700	$0	$700
JESSIE SKIPPER JR	BOARD MEMBER	N/A	Director	$700	$0	$700
STANLEY COLEMAN	BOARD MEMBER	N/A	Director	$700	$0	$700
WAYNE DUNSON	BOARD MEMBER	N/A	Director	$700	$0	$700

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	$925,913	$869,106	$2,016,907	$56,807
2022	$864,648	$793,875	$1,944,981	$70,773
2021	$847,495	$738,740	$1,849,699	$108,755
2020	$821,457	$774,165	$1,792,112	$47,292
2019	$817,990	$720,557	$1,658,608	$97,433

FRIENDSHIP WATER WORKS