LASSEN PINES MUTUAL WATER CO INC (EIN 800669667) - 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

1977

Legal Domicile

Principal Officer

RALPH SCRIBNER

Phone

5304745120

Tax Period

2023-01-01 to 2023-12-31

LASSEN PINES MUTUAL WATER CO INC, founded in 1977, is a small nonprofit in the Mutual Benefit sector that reported $264K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $51K, a strong 19% operating margin.

Mission

THE MISSION OF LASSEN PINES MUTUAL WATER COMPANY IS TO PROVIDE CLEAN, SAFE DRINKING WATER FOR HOUSEHOLD USE BY PROPERTY OWNERS IN THE LPMWC SERVICE AREA IN AN EFFECTIVE AND EFFICIENT MANNER AT A COST TO COMSUMERS THAT WILL COVER THE CURRENT COSTS OF THE WATER COMPANY OPERATIONS AS WELL AS TO ENSURE THE LONGER-TERM VIABILITY OF THE DISTRICT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $30,042

Program Service Revenue $233,199

Investment Income $7

Other Revenue $350

TOTAL REVENUE $263,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,210

Fundraising Expenses $0

Other Expenses $136,006

TOTAL EXPENSES $212,216

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,598	$230,549	+0.1%
Expenses	$212,216	$240,205	-0.1%
Net Income	$51,382	$-9,656	-6.3%

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
AMY BARKER	SECRETARY/TR	N/A	Director	$0	$0	$0
DON BICKEL	CHAIRMAN	N/A	Director	$0	$0	$0
ERIK WALHMAN	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN WALL	DIRECTOR	N/A	Director	$0	$0	$0
GORDON ROTH	VICE PRESIDE	N/A	Officer	$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	No data	No data	No data	No data
2023	$263,598	$212,216	$2,953,035	$51,382
2022	$230,549	$240,205	$2,263,627	$-9,656
2021	$241,072	$249,744	$588,049	$-8,672
2020	$416,904	$370,352	$579,732	$46,552
2019	$203,297	$279,225	$540,062	$-75,928
2018	$188,766	$253,149	$622,801	$-64,383

LASSEN PINES MUTUAL WATER CO INC