Lee Road Water Corporation (EIN 721012704) - 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

1973

Legal Domicile

Principal Officer

Randy Dawsey

Phone

9858931580

Tax Period

2024-01-01 to 2024-12-31

Lee Road Water Corporation, founded in 1973, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024.

Mission

Lee Road Water Corporation is dedicated to providing top quality drinking water to every tap it services.

🔒

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 $1,306,832

Investment Income $2,261

Other Revenue $0

TOTAL REVENUE $1,309,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $441,719

Fundraising Expenses $0

Other Expenses $931,386

TOTAL EXPENSES $1,373,105

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,309,093	$1,377,248	0.0%
Expenses	$1,373,105	$1,294,128	+0.1%
Net Income	$-64,012	$83,120	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
James Bailey	Vice President	Officer Director	$0	$0	$0
Jeffrey Barker	President	Officer Director	$0	$0	$0
Randy Dawsey	Director	Officer Director	$0	$0	$0
Charles Heinsz	Secretary	Officer Director	$0	$0	$0
Robert Jenkins	Director	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	$1,309,093	$1,373,105	$3,934,925	$-64,012
2023	$1,377,248	$1,294,128	$4,133,087	$83,120
2022	$1,209,930	$1,114,563	$4,181,049	$95,367
2021	$920,065	$1,001,321	$4,209,921	$-81,256
2020	$890,474	$975,981	$4,374,518	$-85,507
2019	$864,631	$940,031	$4,529,620	$-75,400
2018	$841,428	$854,954	$4,704,540	$-13,526

Lee Road Water Corporation