CRESCENT HEIGHTS WATER SUPPLY CORPORATION (EIN 751314785) - 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

1967

Legal Domicile

Principal Officer

DAMON DONNELL

Phone

9036773946

Tax Period

2024-01-01 to 2024-12-31

CRESCENT HEIGHTS WATER SUPPLY CORPORATION, founded in 1967, is a small nonprofit that reported $783K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $288K, a strong 37% operating margin.

Mission

TO PROVIDE WATER SERVICE TO APPROX 674 RESIDENTS OF A RURAL COMMUNITY

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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 $466,146

Investment Income $3,820

Other Revenue $313,000

TOTAL REVENUE $782,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,456

Fundraising Expenses $0

Program Expenses $495,273

Other Expenses $269,817

TOTAL EXPENSES $495,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$782,966	$538,744	+0.5%
Expenses	$495,273	$497,651	0.0%
Net Income	$287,693	$41,093	+6.0%

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
AUSTIN BROWN	DIRECTOR	N/A	Director	$0	$0	$0
DAMON DONNELL	PRESIDENT	N/A	Officer Director	$0	$0	$0
LUCY FRANKS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DOUG HAGEMAN	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
NATHAN HERRINGTON	DIRECTOR	N/A	Director	$0	$0	$0
MIKE WILSON	DIRECTOR	N/A	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	$782,966	$495,273	$2,358,653	$287,693
2023	$538,744	$497,651	$2,082,765	$41,093
2022	$500,551	$473,385	$2,057,949	$27,166
2021	$453,104	$491,173	$2,051,211	$-38,069
2020	$407,875	$402,974	$2,102,311	$4,901
2019	$413,342	$391,844	$1,956,727	$21,498
2018	$343,781	$377,149	$1,930,867	$-33,368

CRESCENT HEIGHTS WATER SUPPLY CORPORATION