SUNRISE WATER ASSOCIATION (EIN 911864761) - 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

1997

Legal Domicile

Principal Officer

KIRK WILSON

Tax Period

2024-01-01 to 2024-12-31

SUNRISE WATER ASSOCIATION, founded in 1997, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $126K in total revenue in fiscal year 2024. Expenses of $164K exceeded revenue, resulting in a 29% operating deficit.

Mission

OPERATION OF DOMESTIC WATER 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $120,336

Investment Income $279

Other Revenue $5,831

TOTAL REVENUE $126,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $163,719

Other Expenses $163,718

TOTAL EXPENSES $163,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$126,446	$122,499	+0.0%
Expenses	$163,718	$149,961	+0.1%
Net Income	$-37,272	$-27,462	+0.4%

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
ALAN INTERBITZIN	TRUSTEE	2.00	Director	$0	$0	$0
GARY THOMPSON	TRUSTEE	2.00	Director	$0	$0	$0
JOANN BRITT	TRUSTEE	2.00	Director	$0	$0	$0
KIRK WILSON	PRESIDENT	6.00	Officer Director	$0	$0	$0
KARIE MITCHELL	SECRETARY	4.00	Officer Director	$0	$0	$0
MARK OLMSTED	TREASURER	4.00	Officer Director	$0	$0	$0
FRITZ KIEMLE	VICE PRESIDENT	2.00	Officer 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	$126,446	$163,718	$1,918,476	$-37,272
2023	$122,499	$149,961	$1,979,800	$-27,462
2022	$122,732	$134,768	$2,035,499	$-12,036
2021	$114,184	$143,496	$2,068,873	$-29,312
2020	$128,579	$131,665	$2,117,498	$-3,086
2019	$131,175	$134,347	$2,141,202	$-3,172
2018	$276,336	$130,707	$2,166,725	$145,629

SUNRISE WATER ASSOCIATION