MOUNT ELBERT WATER ASSOCIATION (EIN 840770702) - 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

1966

Legal Domicile

Principal Officer

BRIAN NEVANS

Phone

7192935787

Tax Period

2025-01-01 to 2025-12-31

MOUNT ELBERT WATER ASSOCIATION, founded in 1966, is a small nonprofit that reported $484K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $119K, a strong 25% operating margin.

Mission

WATER DISTRIBUTION SYSTEM

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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 $138,730

Program Service Revenue $344,758

Investment Income $277

Other Revenue $0

TOTAL REVENUE $483,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $364,507

TOTAL EXPENSES $364,507

Year-over-Year Comparison

	2025	2024	Change
Revenue	$483,765	$437,234	+0.1%
Expenses	$364,507	$258,476	+0.4%
Net Income	$119,258	$178,758	-0.3%

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

N/A

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
BRIAN NEVANS	PRESIDENT	N/A	Officer Director	$0	$0	$0
KEN WARNER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TERRI WALLINGER	TREASURER	N/A	Officer Director	$0	$0	$0
OLIVIA BRANDT	SECRETARY AN	N/A	Officer Director	$0	$0	$0
BRENT GROENKE	OPERATIONS	N/A	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
2025	$483,765	$364,507	$3,782,058	$119,258
2024	No data	No data	No data	No data
2023	$553,051	$111,480	$3,544,505	$441,571
2022	$1,178,806	$198,587	$3,122,430	$980,219
2021	$764,495	$122,730	$2,159,441	$641,765
2020	$313,262	$123,384	$1,711,816	$189,878
2018	$210,441	$83,094	$1,107,835	$127,347

MOUNT ELBERT WATER ASSOCIATION