Loch Lomond Mutual Water Company (EIN 941615915) - 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

1938

Legal Domicile

Principal Officer

Jon Prather

Tax Period

2023-07-01 to 2024-06-30

Loch Lomond Mutual Water Company, founded in 1938, is a small nonprofit that reported $182K in total revenue in fiscal year 2023. Expenses of $206K exceeded revenue, resulting in a 14% operating deficit.

Mission

Provide water services to the people of Loch Lomond, California.

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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 $181,736

Investment Income $24

Other Revenue $0

TOTAL REVENUE $181,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $300

Fundraising Expenses $0

Other Expenses $206,027

TOTAL EXPENSES $206,327

Year-over-Year Comparison

	2023	2022	Change
Revenue	$181,760	$169,188	+0.1%
Expenses	$206,327	$232,804	-0.1%
Net Income	$-24,567	$-63,616	-0.6%

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

$300

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donna Cataline	TreasurerDirectcor	2.00	Officer	$300	$0	$300
Judy Cortesi	Director	2.00	Director	$0	$0	$0
James Reidy	Director	2.00	Director	$0	$0	$0
Jon Prather	President	3.00	Officer Director	$0	$0	$0
Thomas Murphy	Vice PresidentDirector	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
2025	No data	No data	No data	No data
2024	$181,760	$206,327	$1,940,995	$-24,567
2023	$169,188	$232,804	$1,983,762	$-63,616
2022	$166,235	$165,493	$2,058,927	$742
2021	$205,940	$182,801	$2,090,906	$23,139
2020	$141,227	$80,746	$2,095,060	$60,481
2019	$133,943	$245,312	$2,044,121	$-111,369

Loch Lomond Mutual Water Company