PHILADELPHIA WATER ASSOCIATION INCORPORATED (EIN 640777489) - 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

1968

Legal Domicile

Principal Officer

TERRY STEPHENSON

Tax Period

2017-07-01 to 2018-06-30

PHILADELPHIA WATER ASSOCIATION INCORPORATED, founded in 1968, is a small nonprofit that reported $311K in total revenue in fiscal year 2017. The organization ran a surplus of $86K, a strong 28% operating margin.

Mission

THE PURPOSE OF THE CORPORATION IS TO BIND TOGETHER AS A NON-PROFIT ASSOCIATION ITS MEMBERS FOR THE MUTUAL BENEFIT OF CONSTRUCTION, MAINTENANCE, AND OPERATION OF A PRIVATE RURAL WATER SYSTEM FOR SUPPLYING WATER FOR DOMESTIC, LIVESTOCK AND GARDEN PURPOSES TO ITS MEMBERS. MEMBERS DO NOT RECEIVE DIVIDENDS OR ANY OTHER PAYMENTS. A BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS FROM THE MEMBERS, ANNUALLY. THIS BOARD GOVERNS THE ENTITY AND DECIDES ON AMOUNT CHARGED FOR THE SERVICES PROVIDED. CORPORATION FILED FORM 1120'S PRIOR TO DETERMINATION LETTER DATED SEPTEMBER 10, 2012, EFFECTIVE MAY 28, 1968.

🔒

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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $304,653

Investment Income $5,951

Other Revenue $0

TOTAL REVENUE $310,604

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,492

Fundraising Expenses $0

Program Expenses $224,594

Other Expenses $206,102

TOTAL EXPENSES $224,594

Year-over-Year Comparison

	2017	2016	Change
Revenue	$310,604	$303,094	+0.0%
Expenses	$224,594	$231,849	0.0%
Net Income	$86,010	$71,245	+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

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
JACK DARTY	DIRECTOR	N/A	Director	$0	$0	$0
SIDNEY HARRIS	DIRECTOR	N/A	Director	$0	$0	$0
TERRY STEPHENSON	PRESIDENT	N/A	Officer	$0	$0	$0
FREDDIE LEGGETT	VICE PRESIDE	N/A	Officer	$0	$0	$0
SANDRA SHEDD	SECRETARY	N/A	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
2018	$310,604	$224,594	$1,212,959	$86,010

PHILADELPHIA WATER ASSOCIATION INCORPORATED