Trinity Knolls Mutual Water Company (EIN 941606897) - 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

1964

Legal Domicile

Principal Officer

Scott Farley

Phone

5302663214

Tax Period

2023-10-01 to 2024-09-30

Trinity Knolls Mutual Water Company, founded in 1964, is a small nonprofit in the Mutual Benefit sector that reported $107K in total revenue in fiscal year 2023. Expenses of $101K left a modest 6% surplus.

Mission

To provide safe drinking water for all members within the geographical district.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $107,270

Investment Income $0

Other Revenue $0

TOTAL REVENUE $107,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $23,358

Fundraising Expenses $0

Program Expenses $93,886

Other Expenses $77,191

TOTAL EXPENSES $100,549

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,270	$100,749	+0.1%
Expenses	$100,549	$240,141	-0.6%
Net Income	$6,721	$-139,392	-1.0%

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

Volunteers

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

$15,225

Total Directors

$15,225

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Reynolds	Chairman	15.00	Officer Director	$15,225	$0	$15,225
Alyse Hazard	Sec/Treas	8.00		$6,000	$0	$6,000
Scott Farley	President	5.00	Officer Director	$0	$0	$0
Ed Maloof	Director	5.00	Director	$0	$0	$0
Brian Noga	Vice President	5.00	Director	$0	$0	$0
Amor Butts	CFO/Secretary	5.00	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
2024	$107,270	$100,549	$498,885	$6,721
2023	$100,749	$240,141	$492,164	$-139,392
2022	$97,048	$86,203	$631,556	$10,845
2021	$94,722	$68,477	$620,711	$26,245
2020	$92,720	$64,785	$594,466	$27,935
2019	$77,050	$54,862	$566,843	$22,188
2018	$89,592	$47,533	$544,757	$42,059

Trinity Knolls Mutual Water Company