RED HILL WATERWORKS INC (EIN 721031020) - 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

1965

Legal Domicile

Principal Officer

JUSTIN EDWARDS

Phone

3188275190

Tax Period

2023-01-01 to 2023-12-31

RED HILL WATERWORKS INC, founded in 1965, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 214% from the prior year, signaling strong growth momentum. The organization ran a surplus of $796K, a strong 62% operating margin.

Mission

PROVIDING WATER TO COMMUNITY

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $847,353

Program Service Revenue $435,630

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,282,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,776

Fundraising Expenses $0

Other Expenses $369,963

TOTAL EXPENSES $486,739

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,282,983	$408,095	+2.1%
Expenses	$486,739	$421,713	+0.2%
Net Income	$796,244	$-13,618	-59.5%

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

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
JON LINCECUM	MEMBER	1.00	Director	$0	$0	$0
JUSTIN EDWARDS	PRESIDENT	1.00	Director	$0	$0	$0
WALTER D MOON	MEMBER	1.00	Director	$0	$0	$0
RICKY WILDER	MEMBER	1.00	Director	$0	$0	$0
ANDREW TANT	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
2024	No data	No data	No data	No data
2023	$1,282,983	$486,739	$3,414,400	$796,244
2022	$408,095	$421,713	$2,629,283	$-13,618
2021	$418,016	$342,588	$2,091,123	$75,428
2020	$334,317	$338,011	$2,039,496	$-3,694
2019	$284,704	$342,183	$2,076,818	$-57,479
2018	$304,053	$271,956	$2,162,175	$32,097

RED HILL WATERWORKS INC