TOLLGATE WATER COMPANY (EIN 930704994) - Form 990 Financial Analysis & Trantor Score

🔒

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

1977

Legal Domicile

Principal Officer

SAME AS ABOVE

Phone

5415497962

Tax Period

2024-01-01 to 2024-12-31

TOLLGATE WATER COMPANY, founded in 1977, is a small nonprofit that reported $402K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $100K, a strong 25% operating margin.

Mission

WATER DELIVERY

🔒

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 $387,906

Investment Income $13,300

Other Revenue $762

TOTAL REVENUE $401,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,530

Fundraising Expenses $0

Program Expenses $204,497

Other Expenses $153,182

TOTAL EXPENSES $301,712

Year-over-Year Comparison

	2024	2023	Change
Revenue	$401,968	$341,495	+0.2%
Expenses	$301,712	$298,865	+0.0%
Net Income	$100,256	$42,630	+1.4%

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

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
LORI CHASE	DIRECTOR	2.00	Director	$0	$0	$0
CLARA COOK	CHAIR	3.00	Officer Director	$0	$0	$0
ROB CORRIGAN	VICE CHAIR	3.00	Officer Director	$0	$0	$0
JERRY DAVIS	SEC/TREAS	2.00	Director	$0	$0	$0
JIM NASH	DIRECTOR	2.00	Officer Director	$0	$0	$0
NATE CROSSLEY	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MAIER	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	$401,968	$301,712	$1,393,193	$100,256
2023	$341,495	$298,865	$1,274,423	$42,630
2022	$301,029	$286,768	$1,200,722	$14,261
2021	$299,531	$318,691	$1,214,971	$-19,160
2020	$301,718	$196,577	$1,134,284	$105,141
2019	$277,764	$242,161	$1,106,490	$35,603
2018	$266,098	$300,657	$1,043,870	$-34,559

TOLLGATE WATER COMPANY