BURTON WATER COOPERATIVE (EIN 881302361) - 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

2023

Phone

2064630005

Tax Period

2025-01-01 to 2025-12-31

BURTON WATER COOPERATIVE, founded in 2023, is a small nonprofit in the Mutual Benefit sector that reported $563K in total revenue in fiscal year 2025. Revenue fell 39% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $176K, a strong 31% operating margin.

Mission

The Cooperative is organized for the purpose of operating a community-owned water system for water users in the Burton community on Vashon Island, WA. It is the only licensed water service providing domestic and fire protection water in the community.

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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 $544,531

Investment Income $18,782

Other Revenue $0

TOTAL REVENUE $563,313

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,383

Fundraising Expenses $0

Program Expenses $387,780

Other Expenses $256,397

TOTAL EXPENSES $387,780

Year-over-Year Comparison

	2025	2024	Change
Revenue	$563,313	$929,367	-0.4%
Expenses	$387,780	$191,457	+1.0%
Net Income	$175,533	$737,910	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM SHADBOLT	President	6.00	Officer Director	$0	$0	$0
BENJAMIN LEE	Vice President	10.00	Officer Director	$0	$0	$0
NORMAN SEETHOFF	Secretary	10.00	Officer Director	$0	$0	$0
STEPHEN HILL	Treasurer	20.00	Officer Director	$0	$0	$0
HELENE MILLER	Director	3.00	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	$563,313	$387,780	$2,127,880	$175,533
2024	$929,367	$191,457	$1,947,555	$737,910

BURTON WATER COOPERATIVE