Center Water Association Inc (EIN 640568321) - 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

1972

Legal Domicile

Principal Officer

Jerry Selzer

Phone

6017981401

Tax Period

2024-07-01 to 2025-06-30

Center Water Association Inc, founded in 1972, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $365K, a strong 30% operating margin.

Mission

To provide a source of safe water at cost to members and maintain the wells and distribution lines

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,170,638

Investment Income $55,155

Other Revenue $0

TOTAL REVENUE $1,225,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $353,493

Fundraising Expenses $0

Program Expenses $860,907

Other Expenses $507,414

TOTAL EXPENSES $860,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,225,793	$1,122,501	+0.1%
Expenses	$860,907	$851,598	+0.0%
Net Income	$364,886	$270,903	+0.3%

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

$1,900

Total Directors

$4,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jerry Selzer	President	4.00	Officer Director	$1,000	$0	$1,000
James R Dossett	Trustee	2.00	Director	$900	$0	$900
Charles M Tyson	Trustee	2.00	Director	$900	$0	$900
Lane Pittman	Vice President	4.00	Officer Director	$900	$0	$900
Nicholas Lee	Trustee	2.00	Director	$550	$0	$550
Terry Shaw	Trustee	2.00	Director	$250	$0	$250
Joseph Wilson	Trustee	2.00	Director	$100	$0	$100

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	$1,225,793	$860,907	$5,427,604	$364,886
2024	$1,122,501	$851,598	$5,147,708	$270,903
2023	$997,343	$850,169	$4,961,330	$147,174
2022	$974,985	$771,135	$4,933,788	$203,850
2021	$973,360	$705,545	$4,769,266	$267,815
2020	$914,526	$702,200	$4,530,741	$212,326
2019	$862,428	$800,268	$4,386,247	$62,160

Center Water Association Inc