GLACIER SPRINGS WATER ASSOCIATION

🔒

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

1930

Legal Domicile

Principal Officer

JASON BURNS

Phone

5093952218

Tax Period

2024-01-01 to 2024-12-31

GLACIER SPRINGS WATER ASSOCIATION, founded in 1930, is a small nonprofit that reported $307K in total revenue in fiscal year 2024. Expenses of $285K left a modest 7% surplus.

Mission

PROVIDE DOMESTIC WATER TO OUR MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $220,028 Revenue: $293,992

INCOME RECEIVED FROM THE MEMBERS IS USED TO MAINTAIN AND UPGRADE OUR SYSTEM TO PROVIDE SAFE DRINKING WATER.

Program 2

Expenses: $3,386 Revenue: $9,000

TO PROVIDE MEMBERS ACCESS TO OUR WATER SUPPLY, NEW MEMBERS PURCHSE A HOOK- UP TO OUR SYSTEM. WE PROVIDE SAFE DRINKING WATER TO ANYONE WHO WANTS WATER WITHIN OUR SERVICE AREA.

🔒

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 $302,992

Investment Income $3,793

Other Revenue $0

TOTAL REVENUE $306,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,443

Fundraising Expenses $0

Program Expenses $223,414

Other Expenses $149,868

TOTAL EXPENSES $285,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$306,785	$296,694	+0.0%
Expenses	$285,311	$250,386	+0.1%
Net Income	$21,474	$46,308	-0.5%

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

527

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN BESEDA	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
JASON BURNS	PRESIDENT	N/A	Officer Director	$0	$0	$0
FRANK CHILDS	DIRECTOR	N/A	Director	$0	$0	$0
DENNIS MCMANON	DIRECTOR	N/A	Director	$0	$0	$0
MONTE PEARSON	VICE-PRESIDE	N/A	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	$306,785	$285,311	$1,779,001	$21,474
2023	$296,694	$250,386	$1,755,969	$46,308
2022	$259,948	$236,116	$1,710,072	$23,832
2021	$288,360	$204,812	$1,687,166	$83,548