MILWAUKEE WATER COMMONS INC (EIN 832154946) - 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

2018

Legal Domicile

Principal Officer

KIRSTEN SHEAD

Phone

4147636199

Tax Period

2023-01-01 to 2023-12-31

MILWAUKEE WATER COMMONS INC, founded in 2018, is a community nonprofit in the Environment sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 124% from the prior year, signaling strong growth momentum. The organization ran a surplus of $852K, a strong 44% operating margin.

Mission

MILWAUKEE WATER COMMONS INC. IS A CROSS-CITY NETWORK THAT FOSTERS CONNECTION, COLLABORATION, AND BROAD COMMUNITY LEADERSHIP ON BEHALF OF OUR COMMON WATERS. THE ORGANIZATION PROMOTES STEWARDSHIP OF EQUITABLE ACCESS TO AND SHARED DECISION-MAKING FOR OUR COMMON WATERS. THE ORGANIZATION FOCUSES ON SIX INITIATIVES: WATER QUALITY, DRINKING WATER, ARTS AND CULTURE, BLUE GREEN JOBS, EDUCATION AND RECREATION, AND GREEN INITIATIVE.

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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 $1,901,756

Program Service Revenue $53,400

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,955,156

Expense Breakdown

Grants Paid $22,500

Salaries & Benefits $798,979

Fundraising Expenses $88,682

Program Expenses $810,901

Other Expenses $239,183

TOTAL EXPENSES $1,102,662

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,955,156	$873,964	+1.2%
Expenses	$1,102,662	$706,590	+0.6%
Net Income	$852,494	$167,374	+4.1%

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

$273,018

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DINORAH MARQUEZ ABADIANO	CHAIR	1.00	Officer Director	$0	$0	$0
TINA JOHNSON	CHAIR	1.00	Officer Director	$0	$0	$0
ANNE O'CONNOR	SECRETARY	1.00	Officer Director	$0	$0	$0
DENIENE POWELL	TREASURER	1.00	Officer Director	$0	$0	$0
SUZANNE MILLS-WEMM	DIRECTOR	1.00	Director	$0	$0	$0
J PETER ORDWAY	DIRECTOR	1.00	Director	$0	$0	$0
NARYAN LEAZER	DIRECTOR	1.00	Director	$0	$0	$0
JAMIN MAHAN	DIRECTOR	1.00	Director	$0	$0	$0
BRENDA COLEY	CO-EXECUTIVE DIRECTOR	40.00	Officer	$123,000	$8,708	$131,708
KIRSTEN SHEAD	CO-EXECUTIVE DIRECTOR	40.00	Officer	$123,000	$18,310	$141,310

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	$1,955,156	$1,102,662	$1,569,850	$852,494
2022	$873,964	$706,590	$730,738	$167,374
2021	$642,746	$565,848	$435,712	$76,898
2020	$731,657	$463,262	$429,765	$268,395

MILWAUKEE WATER COMMONS INC