SHORE ACRES WATER COMPANY

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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

1946

Legal Domicile

Principal Officer

TIM TOERBER

Phone

8884576459

Tax Period

2025-01-01 to 2025-12-31

SHORE ACRES WATER COMPANY, founded in 1946, is a small nonprofit that reported $249K in total revenue in fiscal year 2025. Expenses of $403K exceeded revenue, resulting in a 62% operating deficit.

Mission

SHORE ACRES WATER COMPANY'S SOLE BUSINESS IS TO PROVIDE WATER TO SHORE ACRES AREA RESIDENTS AND TO MAINTAIN AND EXTEND WATER LINES WITHIN THE SERVICE AREA.

Program Service Accomplishments

Program 1

Expenses: $402,872 Revenue: $243,327

SHORE ACRES WATER COMPANY'S SOLE BUSINESS IS TO PROVIDE WATER TO SHORE ACRES AREA RESIDENTS AND TO MAINTAIN AND EXTEND WATER LINES WITHIN THE SERVICE AREA. 236 HOUSEHOLDS WERE SERVED IN 2025. WATER...

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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 $243,327

Investment Income $5,716

Other Revenue $0

TOTAL REVENUE $249,043

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $402,872

Other Expenses $402,872

TOTAL EXPENSES $402,872

Year-over-Year Comparison

	2025	2024	Change
Revenue	$249,043	$232,263	+0.1%
Expenses	$402,872	$220,691	+0.8%
Net Income	$-153,829	$11,572	-14.3%

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

N/A

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
TIM TOERBER	PRESIDENT	1.00	Officer	$0	$0	$0
BRIAN REEDER	SECRETARY/TREASURER	1.00	Officer	$0	$0	$0
CRAIG BALDWIN	VICE PRESIDENT	1.00	Officer	$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	$249,043	$402,872	$295,814	$-153,829
2024	$232,263	$220,691	$449,643	$11,572
2023	$248,318	$229,373	$438,071	$18,945
2022	$215,761	$207,153	$419,126	$8,608
2021	$239,699	$236,033	$410,518	$3,666
2020	$229,426	$184,919	$406,852	$44,507
2019	$222,583	$233,090	$362,345	$-10,507
2018	$222,376	$229,154	$372,852	$-6,778