ROOSEVELT WATER ASSOCIATION INC (EIN 910790427) - 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

JOHN OLSEN

Phone

3605683450

Tax Period

2024-01-01 to 2024-12-31

ROOSEVELT WATER ASSOCIATION INC, founded in 1966, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. The organization ran a surplus of $350K, a strong 21% operating margin.

Mission

OPERATION, MAINTENANCE AND IMPROVEMENT OF A SYSTEM PROVIDING POTABLE WATER TO ITS MEMBERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,560,733

Investment Income $94,791

Other Revenue $0

TOTAL REVENUE $1,655,524

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,622

Fundraising Expenses $0

Other Expenses $945,710

TOTAL EXPENSES $1,305,332

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,655,524	$1,617,366	+0.0%
Expenses	$1,305,332	$1,230,740	+0.1%
Net Income	$350,192	$386,626	-0.1%

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

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

$128,021

Total Directors

$128,021

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN OLSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DWIGHT NELSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM MCDANIEL	TREASURER	1.00	Officer Director	$0	$0	$0
JUDY HALL	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT HALLENBECK	TRUSTEE	1.00	Director	$0	$0	$0
NATE BENJAMIN	TRUSTEE	1.00	Director	$0	$0	$0
JANELLE MACDICKEN	MANAGER AND SECRETARY	40.00	Officer Director	$112,500	$15,521	$128,021
JASON BOWEN	TRUSTEE	1.00	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
2024	$1,655,524	$1,305,332	$11,310,186	$350,192
2023	$1,617,366	$1,230,740	$11,308,142	$386,626
2022	$1,427,392	$1,113,530	$11,072,062	$313,862
2021	$2,220,952	$1,130,828	$11,147,238	$1,090,124
2020	$2,250,240	$1,014,301	$9,996,842	$1,235,939
2019	$1,673,721	$922,400	$8,874,752	$751,321
2018	$1,205,856	$811,106	$8,009,662	$394,750

ROOSEVELT WATER ASSOCIATION INC