WATER FROM THE ROCK INC (EIN 752838526) - 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

1999

Legal Domicile

Phone

8178609702

Tax Period

2024-01-01 to 2024-12-31

WATER FROM THE ROCK INC, founded in 1999, is a small nonprofit in the Employment sector that reported $657K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

To empower low to moderate income individuals to break the cycle of poverty and dependence through educational, personal and professional development.

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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 $656,737

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $656,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,460

Fundraising Expenses $0

Program Expenses $588,951

Other Expenses $506,449

TOTAL EXPENSES $653,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$656,737	$524,067	+0.3%
Expenses	$653,909	$470,049	+0.4%
Net Income	$2,828	$54,018	-0.9%

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
Hobert Hicks	Director	2.00	Director	$0	$0	$0
Glen Lewis	Director	2.00	Director	$0	$0	$0
Gloria Pena	Director	2.00	Director	$0	$0	$0
Greg Morse	Director	2.00	Director	$0	$0	$0
Kecia Mays	Director	2.00	Director	$0	$0	$0
Herman Willams	Chairman	20.00	Officer Director	$0	$0	$0
Barry Anderson	Vice Chairman	5.00	Officer Director	$0	$0	$0
Louis W Kemp	Secretary	2.00	Officer Director	$0	$0	$0
Michael Guyton	Assistant Treasurer	3.00	Officer Director	$0	$0	$0
Weldon Washington	Treasurer	5.00	Officer Director	$0	$0	$0
Jo Ann Shankle	Executive Director	32.00	Key Emp	$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	$656,737	$653,909	$132,415	$2,828
2022	$450,477	$451,787	$75,403	$-1,310
2021	$275,073	$266,293	$76,345	$8,780
2020	$337,828	$327,520	$100,699	$10,308

WATER FROM THE ROCK INC