GRANITE OAKS WATER USERS ASSN INC (EIN 860657637) - 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

1989

Legal Domicile

Principal Officer

JIM BRICKER

Phone

9285830655

Tax Period

2024-01-01 to 2024-12-31

GRANITE OAKS WATER USERS ASSN INC, founded in 1989, is a small nonprofit that reported $266K in total revenue in fiscal year 2024. Net assets of $1.2M represent 55 months of operating reserves.

Mission

WATER USERS ASSOCIATION

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $260,494

Investment Income $4,198

Other Revenue $1,202

TOTAL REVENUE $265,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,902

Fundraising Expenses $0

Program Expenses $205,310

Other Expenses $265,719

TOTAL EXPENSES $280,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$265,894	$268,390	0.0%
Expenses	$280,621	$242,878	+0.2%
Net Income	$-14,727	$25,512	-1.6%

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

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

$13,800

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB BUSCH	MANAGER	015.00	Key Emp Highest	$13,800	$0	$13,800
JAY DEE SALE	DIRECTOR	002.00	Director	$0	$0	$0
MATT OLSEN	TREASURER	003.00	Officer	$0	$0	$0
DARYL MATHERN	SECRETARY	003.00	Officer	$0	$0	$0
KEN NELSON	PRESIDENT	003.00	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
2024	$265,894	$280,621	$1,612,463	$-14,727
2023	$268,390	$242,878	$1,460,888	$25,512
2022	$254,240	$234,771	$1,472,832	$19,469
2021	$260,245	$237,263	$1,453,916	$22,982
2020	$245,599	$272,734	$1,529,530	$-27,135
2019	$242,073	$253,540	$1,556,002	$-11,467
2018	$226,337	$229,463	$1,617,235	$-3,126

GRANITE OAKS WATER USERS ASSN INC