NORTH FORK RESERVOIR CO (EIN 820442893) - 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

Tax Period

2025-01-01 to 2025-12-31

NORTH FORK RESERVOIR CO is a small nonprofit that reported $116K in total revenue in fiscal year 2025. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $104K, a strong 90% operating margin.

Mission

MITIGATE IMPACT OF MEMBERS' WATER USAGE ON OTHER WATER RIGHT HOLDERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $101,947

Investment Income $14,491

Other Revenue $0

TOTAL REVENUE $116,438

Expense Breakdown

Grants Paid $0

Salaries & Benefits $818

Fundraising Expenses $0

Program Expenses $12,051

Other Expenses $11,233

TOTAL EXPENSES $12,051

Year-over-Year Comparison

	2025	2024	Change
Revenue	$116,438	$138,265	-0.2%
Expenses	$12,051	$12,224	0.0%
Net Income	$104,387	$126,041	-0.2%

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

$760

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE RASMUSSEN	President	5.00	Officer	$760	$0	$760
RANDY BROWN	Director	0.00	Director	$0	$0	$0
DOUG HANKS	Director	0.00	Director	$0	$0	$0
GARY MCKAY	Director	0.00	Director	$0	$0	$0
ZAK MILLER	Director	0.00	Director	$0	$0	$0
KEM PALMER	Vice President	0.00	Director	$0	$0	$0
JERRY RIGBY	Sec/Treasurer	0.00	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
2025	$116,438	$12,051	$1,305,082	$104,387
2024	$138,265	$12,224	$909,228	$126,041
2023	$34,728	$10,499	$783,187	$24,229
2022	$149,145	$11,545	$758,958	$137,600
2021	$117,130	$19,862	$621,358	$97,268
2020	$81,470	$11,534	$524,090	$69,936
2018	$79,389	$11,470	$637,289	$67,919

NORTH FORK RESERVOIR CO