TAMARACK SPRINGS MUTUAL WATER COMP… - Form 990 Financial Data

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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

1967

Legal Domicile

Principal Officer

WAYNE DEJONG

Phone

2093295350

Tax Period

2024-01-01 to 2024-12-31

TAMARACK SPRINGS MUTUAL WATER COMPANY, founded in 1967, is a small nonprofit that reported $262K in total revenue in fiscal year 2024. Revenue surged 896% from the prior year, signaling strong growth momentum. The organization ran a surplus of $234K, a strong 89% operating margin.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO CONDUCT BUSINESS AS A MUTUAL WATER COMPANY IN DEVELOPING, DISTRIBUTING, SUPPLYING AND DELIVERING WATER FOR THE DOMESTIC USE OF IS MEMBERS, AT ACTUAL COST, PLUS NECESSARY EXPENSES.

Program Service Accomplishments

Program 1

THE PURPOSE OF THE ORGANIZATION IS TO CONSTRUCT AND OPERATE A WATER SUPPLY SYSTEM TO FURNISH DOMESTIC WATER TO THE OWNERS OF PROPERTY IN TAMARACK SPRINGS NO. 1 SUBDIVISION, SITUATED IN CALAVERAS...

THE PURPOSE OF THE ORGANIZATION IS TO CONSTRUCT AND OPERATE A WATER SUPPLY SYSTEM TO FURNISH DOMESTIC WATER TO THE OWNERS OF PROPERTY IN TAMARACK SPRINGS NO. 1 SUBDIVISION, SITUATED IN CALAVERAS COUNTY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $262,466

Investment Income $0

Other Revenue $0

TOTAL REVENUE $262,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $28,539

TOTAL EXPENSES $28,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$262,466	$26,353	+9.0%
Expenses	$28,539	$34,000	-0.2%
Net Income	$233,927	$-7,647	-31.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN WEYBRET	Treasurer	1.00	Officer Director	$0	$0	$0
WAYNE DEJONG	President	1.00	Officer Director	$0	$0	$0
KENNETH STUTZ	Secretary	1.00	Officer Director	$0	$0	$0
CRAIG THOMPSON	Director	1.00	Director	$0	$0	$0
AIMEE OSE	Director	1.00	Director	$0	$0	$0
ED CARRYER	Director	1.00	Director	$0	$0	$0
RICK LOWELL	Director	1.00	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	$262,466	$28,539	$493,610	$233,927

TAMARACK SPRINGS MUTUAL WATER COMPANY