SILVER LAKE COMPANY (EIN 742451474) - Form 990 Financial Analysis & Trantor Score

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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

1910

Legal Domicile

Phone

4357142121

Tax Period

2024-08-01 to 2025-07-31

SILVER LAKE COMPANY, founded in 1910, is a small nonprofit that reported $335K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 36% operating margin.

Mission

MEMBER-OWNED WATER COMPANY.TO PROVIDE CULINARY WATER TO PROPERTY OWNERS IN BIG COTTONWOOD CANYON, BRIGHTON, UTAH.

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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 $332,912

Investment Income $2,581

Other Revenue $0

TOTAL REVENUE $335,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,998

Fundraising Expenses $0

Program Expenses $215,148

Other Expenses $208,150

TOTAL EXPENSES $215,148

Year-over-Year Comparison

	2024	2023	Change
Revenue	$335,493	$183,177	+0.8%
Expenses	$215,148	$164,407	+0.3%
Net Income	$120,345	$18,770	+5.4%

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

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
MIKE DOYLE	BOARD MEMBER	1.00	Director	$0	$0	$0
DON DESPAIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT A EVANS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHEN MCINTOSH	WATER MASTER	5.00	Officer Director	$0	$0	$0
JOLENE DESPAIN	SECRETARYTREASURER	3.00	Officer Director	$0	$0	$0
ANNE HOLMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN POND	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY ANDERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF BOSSARD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS ROBINSON	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG FRY	BOARD 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
2025	$335,493	$215,148	$1,245,262	$120,345
2024	$183,177	$164,407	$1,154,902	$18,770
2023	$268,805	$136,417	$1,164,532	$132,388
2022	$99,700	$114,280	$942,094	$-14,580
2021	$92,557	$111,874	$956,674	$-19,317
2020	$129,437	$98,824	$975,931	$30,613
2019	$107,717	$92,987	$945,228	$14,730

SILVER LAKE COMPANY