Stryker Lake Water Supply Corporat… - Form 990 Financial Data

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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

1965

Legal Domicile

Principal Officer

Brent Walley

Phone

9037263933

Tax Period

2024-01-01 to 2024-12-31

Stryker Lake Water Supply Corporation, founded in 1965, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 352% from the prior year, signaling strong growth momentum. The organization ran a surplus of $812K, a strong 68% operating margin.

Mission

Provide water service to rural customers

Program Service Accomplishments

Program 1

The primary purpose of Stryker Lake Water Supply Corporation is to provide water to rural residents who cannot be served by any other public source of water from a nearby city.

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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 $700,000

Program Service Revenue $467,371

Investment Income $21,480

Other Revenue $0

TOTAL REVENUE $1,188,851

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,434

Fundraising Expenses $0

Other Expenses $351,184

TOTAL EXPENSES $376,618

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,188,851	$262,848	+3.5%
Expenses	$376,618	$286,949	+0.3%
Net Income	$812,233	$-24,101	-34.7%

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

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
Brent Walley	President	1.00	Officer Director	$0	$0	$0
Dale Jackson	Sec/Treasurer	1.00	Officer Director	$0	$0	$0
Manolo Suarez	Board Member	1.00	Director	$0	$0	$0
Danny Francis	Board Member	1.00	Director	$0	$0	$0
Will Osborn	Vice President	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	$1,188,851	$376,618	$2,061,448	$812,233
2023	$262,848	$286,949	$968,993	$-24,101
2022	$283,051	$297,041	$1,011,151	$-13,990
2021	$247,509	$236,640	$923,512	$10,869
2020	$236,407	$191,178	$932,343	$45,229
2019	$224,092	$189,043	$902,978	$35,049
2018	$238,878	$170,682	$947,630	$68,196

Stryker Lake Water Supply Corporation