Prosperity Lane Community Water & Sewer Association (EIN 840684954) - 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

1978

Legal Domicile

Principal Officer

Jared Smith

Phone

7196881287

Tax Period

2025-01-01 to 2025-12-31

Prosperity Lane Community Water & Sewer Association, founded in 1978, is a small nonprofit that reported $227K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $194K left a modest 14% surplus.

Mission

Provide potable water and sewer services to customers within Prosperity Lanes service area

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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 $225,143

Investment Income $2,134

Other Revenue $0

TOTAL REVENUE $227,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,035

Fundraising Expenses $0

Program Expenses $194,363

Other Expenses $179,360

TOTAL EXPENSES $194,395

Year-over-Year Comparison

	2025	2024	Change
Revenue	$227,277	$201,534	+0.1%
Expenses	$194,395	$212,181	-0.1%
Net Income	$32,882	$-10,647	-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

N/A

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
CHAUNCY CHURCHILL	Director	0.50	Director	$0	$0	$0
CONNIE BRASE	Director	0.50	Director	$0	$0	$0
JOHN DAVIS	VicePresident	0.50	Officer	$0	$0	$0
JARED SMITH	President	0.00	Officer	$0	$0	$0
CASSANDRA GONZALEZ	SecretaryTreasurer	0.50	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	$227,277	$194,395	$1,338,784	$32,882
2024	$201,534	$212,181	$1,312,461	$-10,647
2023	$155,754	$144,010	$1,317,953	$11,744
2022	$157,640	$144,944	$1,301,724	$12,696
2021	$158,542	$131,309	$1,292,521	$27,233
2020	$157,061	$137,887	$1,260,874	$19,174

Prosperity Lane Community Water & Sewer Association