CENTRAL WATER ASSOCIATION INC (EIN 640508575) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1967

Legal Domicile

Principal Officer

STEVE BRELAND

Phone

6016566171

Tax Period

2023-07-01 to 2024-06-30

CENTRAL WATER ASSOCIATION INC, founded in 1967, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023. Expenses of $3.8M left a modest 14% surplus.

Mission

TO PROVIDE CLEAN, SAFE POTABLE WATER FOR THE MEMBERS WE SERVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $185,643

Program Service Revenue $4,121,107

Investment Income $78,558

Other Revenue $7,645

TOTAL REVENUE $4,392,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,147,038

Fundraising Expenses $0

Program Expenses $3,286,147

Other Expenses $2,611,973

TOTAL EXPENSES $3,759,011

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,392,953	$4,335,775	+0.0%
Expenses	$3,759,011	$3,988,566	-0.1%
Net Income	$633,942	$347,209	+0.8%

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

$28,800

Total Directors

$44,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BRELAND	PRESIDENT	12.00	Officer Director	$10,400	$0	$10,400
ZACHARY SANDERS	SECRETARY	8.00	Officer Director	$9,200	$0	$9,200
ROBERT SMITH	VICE PRESIDE	8.00	Officer Director	$9,200	$0	$9,200
STEVE BARNETT	DIRECTOR	6.00	Director	$8,000	$0	$8,000
BRENT GRAY	DIRECTOR	6.00	Director	$8,000	$0	$8,000

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	No data	No data	No data	No data
2024	$4,392,953	$3,759,011	$14,662,466	$633,942
2023	$4,335,775	$3,988,566	$13,288,006	$347,209
2022	$3,668,047	$4,044,309	$13,017,545	$-376,262
2021	$3,486,886	$3,663,649	$12,461,015	$-176,763
2020	$3,395,392	$3,585,508	$12,744,214	$-190,116
2019	$3,251,605	$3,482,657	$13,200,828	$-231,052

CENTRAL WATER ASSOCIATION INC