LENA WATER SYSTEM INC (EIN 720831642) - 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

1975

Legal Domicile

Principal Officer

GREGORY W BENNETT

Phone

3187932296

Tax Period

2024-09-01 to 2025-08-31

LENA WATER SYSTEM INC, founded in 1975, is a small nonprofit that reported $919K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $796K left a modest 13% surplus.

Mission

RURAL UTILITY WATER PROVIDER

🔒

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 $908,496

Investment Income $10,254

Other Revenue $0

TOTAL REVENUE $918,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $230,818

Fundraising Expenses $0

Other Expenses $565,315

TOTAL EXPENSES $796,133

Year-over-Year Comparison

	2024	2023	Change
Revenue	$918,750	$790,918	+0.2%
Expenses	$796,133	$761,851	+0.0%
Net Income	$122,617	$29,067	+3.2%

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

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

$1,980

Total Directors

$600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREGORY W BENNETT	President	4.00	Officer	$1,200	$0	$1,200
FREIDA SHARP	SEC/TREAS	2.00	Officer	$480	$0	$480
CHARLES GUIN	Director	2.00	Director	$300	$0	$300
EDWARD JARZYNA	Director	2.00	Director	$300	$0	$300
BRAD BEEBE	Vice President	2.00	Officer	$300	$0	$300

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	$918,750	$796,133	$4,233,930	$122,617
2024	$790,918	$761,851	$4,301,311	$29,067
2023	$581,124	$729,896	$4,163,761	$-148,772
2022	$584,246	$692,617	$4,204,365	$-108,371
2021	$596,357	$543,652	$4,077,608	$52,705
2020	$514,816	$447,638	$1,311,243	$67,178
2019	$577,778	$435,564	$1,474,193	$142,214

LENA WATER SYSTEM INC