Lacey-Ladelle Water Association (EIN 710554765) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

Billy Mitchell

Phone

8707237506

Tax Period

2019-01-01 to 2019-12-31

Lacey-Ladelle Water Association, founded in 1983, is a small nonprofit that reported $170K in total revenue in fiscal year 2019. Expenses of $158K left a modest 8% surplus.

Mission

Provides water service to members

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Trantor Score

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

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $156,867

Investment Income $13,593

Other Revenue $0

TOTAL REVENUE $170,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,900

Fundraising Expenses $0

Program Expenses $157,518

Other Expenses $105,618

TOTAL EXPENSES $157,518

Year-over-Year Comparison

	2019	2018	Change
Revenue	$170,460	$164,801	+0.0%
Expenses	$157,518	$149,330	+0.1%
Net Income	$12,942	$15,471	-0.2%

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

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

$18,000

Total Directors

Key Employees

$30,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gregg Deal	Meter Reader	030.00	Key Emp	$30,000	$0	$30,000
Sonya Deal	Secretary	020.00	Officer	$18,000	$0	$18,000
Billy Mitchell	President	004.00	Officer	$0	$0	$0
Brandon Satterlee	Vice President	004.00	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
2019	$170,460	$157,518	$1,449,981	$12,942

Lacey-Ladelle Water Association