HIGHLAND PARK WATER SUPPLY CORPORATION (EIN 742304400) - 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

1984

Legal Domicile

Principal Officer

NIKKI LINDORFER

Phone

2548361890

Tax Period

2023-01-01 to 2023-12-31

HIGHLAND PARK WATER SUPPLY CORPORATION, founded in 1984, is a small nonprofit in the Mutual Benefit sector that reported $285K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $53K, a strong 19% operating margin.

Mission

RURAL WATER SALES

🔒

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 $0

Program Service Revenue $270,191

Investment Income $4,961

Other Revenue $10,300

TOTAL REVENUE $285,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $232,432

Other Expenses $232,432

TOTAL EXPENSES $232,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$285,452	$243,062	+0.2%
Expenses	$232,432	$208,567	+0.1%
Net Income	$53,020	$34,495	+0.5%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNIE MORGAN	PRESIDENT & CEO	1.00	Officer Director	$0	$0	$0
NIKKI LINDORFER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAT WHITE	SEC/TREASURER	1.00	Officer Director	$0	$0	$0
TIM RHUDY	MEMBER	1.00	Director	$0	$0	$0
TODD FREEZE	MEMBER	1.00	Director	$0	$0	$0
ROBERT COWELL	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
2023	$285,452	$232,432	$936,717	$53,020
2022	$243,062	$208,567	$842,003	$34,495
2021	$200,798	$249,132	$849,516	$-48,334
2020	$216,300	$249,727	$935,882	$-33,427
2019	$207,242	$227,270	$974,153	$-20,028
2018	$172,800	$226,747	$1,071,759	$-53,947

HIGHLAND PARK WATER SUPPLY CORPORATION