ROSS WATER SUPPLY CORPORATION

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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

1950

Legal Domicile

Principal Officer

RICK JASKA

Phone

2548291289

Tax Period

2024-01-01 to 2024-12-31

ROSS WATER SUPPLY CORPORATION, founded in 1950, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $256K, a strong 25% operating margin.

Mission

PROVIDING WATER SERVICE TO RURAL RESIDENTS AND BUSINESSES

Program Service Accomplishments

Program 1

WE PROVIDED WATER SERVICE TO OVER 900 RURAL RESIDENTS AND BUSINESSES IN ACCORDANCE WITH OUR EXEMPT PURPOSE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,023,203

Investment Income $6,586

Other Revenue $0

TOTAL REVENUE $1,029,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,363

Fundraising Expenses $0

Other Expenses $667,221

TOTAL EXPENSES $773,584

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,029,789	$1,555,183	-0.3%
Expenses	$773,584	$676,161	+0.1%
Net Income	$256,205	$879,022	-0.7%

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

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
RICHARD BUSBY	PRESIDENT	2.00	Officer Director	$0	$0	$0
GARY KREDER	VP	1.00	Officer Director	$0	$0	$0
RICK JASKA	SEC/TREASURER	1.00	Officer Director	$0	$0	$0
DAVID FILER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY FILER	DIRECTOR	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
2025	No data	No data	No data	No data
2024	$1,029,789	$773,584	$3,549,317	$256,205
2023	$1,555,183	$676,161	$3,144,811	$879,022
2022	$734,934	$579,500	$2,260,050	$155,434
2021	$554,990	$532,800	$2,104,327	$22,190
2020	$640,411	$455,342	$2,081,990	$185,069
2019	$528,476	$434,301	$1,895,924	$94,175
2018	$456,691	$376,518	$1,812,125	$80,173