Leton Water System Inc (EIN 720813115) - 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

1992

Legal Domicile

Principal Officer

Charlotte Martin

Phone

3183776133

Tax Period

2022-07-01 to 2023-06-30

Leton Water System Inc, founded in 1992, is a small nonprofit that reported $211K in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $36K, a strong 17% operating margin.

Mission

Water system 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $210,552

Investment Income $583

Other Revenue $0

TOTAL REVENUE $211,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $174,656

TOTAL EXPENSES $174,656

Year-over-Year Comparison

	2022	2021	Change
Revenue	$211,135	$184,375	+0.1%
Expenses	$174,656	$171,456	+0.0%
Net Income	$36,479	$12,919	+1.8%

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

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
Nancy Thomas	President	2.00	Officer Director	$0	$0	$0
Janice White	Vice President	2.00	Officer Director	$0	$0	$0
Annie Crow	Director	2.00	Director	$0	$0	$0
William Cottrell	Director	2.00	Director	$0	$0	$0
Michael Dooley	Director	2.00	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
2024	No data	No data	No data	No data
2023	$211,135	$174,656	$1,933,463	$36,479
2022	$184,375	$171,456	$1,916,268	$12,919
2021	$119,202	$167,327	$1,923,814	$-48,125
2020	$122,313	$176,515	$1,990,728	$-54,202
2019	$129,029	$180,347	$2,064,495	$-51,318

Leton Water System Inc