WASH ASSOC SEWER AND WATER DISTRICTS

EIN: 911705926

Renton, WA

Total Revenue
$1,100,356
Total Expenses
$1,088,972
Total Assets
$1,078,227
Net Assets
$513,270
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
WA
Principal Officer
Cynthia Lamothe
Phone
2062461299
Tax Period
2024-01-01 to 2024-12-31

WASH ASSOC SEWER AND WATER DISTRICTS, founded in 1995, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO COMMUNICATE AND COOPERATE WITH GOVERNMENTAL ENTITIES, CHANNEL AND DISTRIBUTE INFORMATION AMONG ASSOCIATION MEMBERS, SPONSOR AND HOLD EDUCATIONAL PROGRAMS, ENCOURAGE STANDARDIZATION OF WATER AND SEWER METHODS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $772,794
Program Service Revenue $301,763
Investment Income $25,799
Other Revenue $0
TOTAL REVENUE $1,100,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $589,041
Fundraising Expenses $0
Program Expenses $177,076
Other Expenses $499,931
TOTAL EXPENSES $1,088,972

Year-over-Year Comparison

2024 2023 Change
Revenue $1,100,356 $1,004,837 +0.1%
Expenses $1,088,972 $967,331 +0.1%
Net Income $11,384 $37,506 -0.7%
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

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Governance

Voting Members
15
Independent Members
15
Employees
4
Volunteers
15

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDI GLADSTONE EXECUTIVE DIRECTOR 40.00
$191,612 $0 $191,612
ELI ZEHNER Vice President 2.00
Director
$0 $0 $0
CYNTHIA LAMOTHE President 4.00
Officer Director
$0 $0 $0
CHUCK CLARKE Director 2.00
Director
$0 $0 $0
CURT BREES Director 2.00
Director
$0 $0 $0
SHANE YOUNG Director 2.00
Officer Director
$0 $0 $0
GARY BARTON Secretary 2.00
Director
$0 $0 $0
SUZI O'BYRNE Director 2.00
Director
$0 $0 $0
Bill Genoway Director 2.00
Director
$0 $0 $0
DAN LORENTZEN Director 2.00
Director
$0 $0 $0
BOB FULTON Director 2.00
Director
$0 $0 $0
JEFF CLARKE Director 2.00
Director
$0 $0 $0
SAM AMIRA Treasurer 2.00
Officer Director
$0 $0 $0
DENNY KIGGINS Director 2.00
Officer Director
$0 $0 $0
CRAIG CHRISTENSEN Director 2.00
Director
$0 $0 $0
Michael Martin Director 2.00
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 $1,100,356 $1,088,972 $1,078,227 $11,384
2023 $1,004,837 $967,331 $779,886 $37,506
2022 $892,492 $960,879 $787,116 $-68,387
2021 $924,184 $831,998 $933,626 $92,186
2020 $751,443 $820,543 $754,145 $-69,100
2019 $841,255 $844,594 $971,690 $-3,339
2018 $799,880 $814,548 $917,182 $-14,668
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