Lake Reservoir Company (EIN 820137525) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1920

Legal Domicile

Principal Officer

Dennis Ujiiye

Phone

2086429424

Tax Period

2023-01-01 to 2023-12-31

Lake Reservoir Company, founded in 1920, is a micro nonprofit that reported $76K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $27K, a strong 35% operating margin.

Mission

To Provide mutual irrigation company services

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $76,067

Program Service Revenue $0

Investment Income $25

Other Revenue $0

TOTAL REVENUE $76,092

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,098

Fundraising Expenses $0

Program Expenses $46,619

Other Expenses $31,161

TOTAL EXPENSES $49,259

Year-over-Year Comparison

	2023	2022	Change
Revenue	$76,092	$52,642	+0.4%
Expenses	$49,259	$81,584	-0.4%
Net Income	$26,833	$-28,942	-1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Role	Reportable Comp	Other Comp	Total
Dennis Ujiiye	President	Officer Director	$0	$0	$0
Ron Mio	Vice President	Officer Director	$0	$0	$0
John Van Beek	Director	Director	$0	$0	$0
Ed Parsons	Director	Director	$0	$0	$0
Chad Henggeler	Director	Director	$0	$0	$0
Korth Elliott	Director	Director	$0	$0	$0
Casey Odette	Director	Director	$0	$0	$0
Jim Standley	Director	Director	$0	$0	$0
Joan Howell	Director	Director	$0	$0	$0
Michael Shippy	Director	Director	$0	$0	$0
Dan Bicandi	Director	Director	$0	$0	$0
Erin Bronson	Director	Director	$0	$0	$0
Stewart Russell	Director	Director	$0	$0	$0
Marc Haws	Director	Director	$0	$0	$0
Dyke Nagasaka	Director	Director	$0	$0	$0
Bill Ziegler	Director	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	No data	No data	No data	No data
2023	$76,092	$49,259	$2,220,053	$26,833
2022	$52,642	$81,584	$2,193,111	$-28,942
2021	$36,105	$62,577	$2,222,256	$-26,472
2020	$36,738	$30,035	$2,248,525	$6,703
2019	$65,514	$33,450	$2,241,829	$32,064
2018	$87,529	$37,440	$2,236,478	$50,089

Lake Reservoir Company