SUMMIT MUTUAL WATER COMPANY (EIN 941640249) - 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

1990

Legal Domicile

Principal Officer

SCOTT KEESLING

Phone

9172254140

Tax Period

2024-01-01 to 2024-12-31

SUMMIT MUTUAL WATER COMPANY, founded in 1990, is a small nonprofit that reported $212K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 42% operating margin.

Mission

PROVIDES WATER FOR THE SUMMIT WOODS HOMEOWNERS

🔒

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 $209,379

Investment Income $3,107

Other Revenue $0

TOTAL REVENUE $212,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $123,949

TOTAL EXPENSES $123,949

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,486	$173,378	+0.2%
Expenses	$123,949	$121,131	+0.0%
Net Income	$88,537	$52,247	+0.7%

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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT KEESLING	BOARD PRESIDENT	5.00	Officer Director	$0	$0	$0
SCOTT KANTER	BOARD MEMBER	5.00	Director	$0	$0	$0
CATHY KUNG	BOARD SECRETARY	5.00	Officer Director	$0	$0	$0
ELISA BARING	BOARD TREASURER	2.50	Officer Director	$0	$0	$0
LANDON THOMAS	BOARD MEMBER	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	$212,486	$123,949	$430,229	$88,537
2018	$320,343	$305,109	$261,500	$15,234

SUMMIT MUTUAL WATER COMPANY