STAR WATER COMPANY (EIN 646029013) - Form 990 Financial Analysis & Trantor Score

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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

1962

Legal Domicile

Principal Officer

ALBERT BROCK

Phone

6018451435

Tax Period

2023-07-01 to 2024-06-30

STAR WATER COMPANY, founded in 1962, is a small nonprofit that reported $219K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

PROVIDING WATER SERVICE

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $212,642

Investment Income $1,975

Other Revenue $4,400

TOTAL REVENUE $219,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $239,560

Other Expenses $239,560

TOTAL EXPENSES $239,560

Year-over-Year Comparison

	2023	2022	Change
Revenue	$219,017	$195,788	+0.1%
Expenses	$239,560	$224,827	+0.1%
Net Income	$-20,543	$-29,039	-0.3%

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

N/A

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
ALBERT R BROCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
DANNY LITTLE	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
EUGENE PURSER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
CAL MANGUM	BOARD MEMBER	1.00	Director	$0	$0	$0
DANNY KNIGHT JR	BOARD MEMBER	1.00	Director	$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
2025	No data	No data	No data	No data
2024	$219,017	$239,560	$679,568	$-20,543
2023	$195,788	$224,827	$736,963	$-29,039
2022	$190,530	$215,485	$801,933	$-24,955
2021	$188,347	$201,002	$861,939	$-12,655
2020	$163,942	$199,309	$908,765	$-35,367
2019	$147,931	$193,408	$977,449	$-45,477

STAR WATER COMPANY