Willowside Mutual Water Company (EIN 946103505) - 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

1957

Legal Domicile

Phone

7075361250

Tax Period

2024-01-01 to 2024-12-31

Willowside Mutual Water Company, founded in 1957, is a small nonprofit that reported $278K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $263K left a modest 5% surplus.

Mission

Mutual water service.

🔒

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 $265,779

Investment Income $11,964

Other Revenue $0

TOTAL REVENUE $277,743

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $258,738

Other Expenses $262,642

TOTAL EXPENSES $262,642

Year-over-Year Comparison

	2024	2023	Change
Revenue	$277,743	$246,168	+0.1%
Expenses	$262,642	$169,801	+0.5%
Net Income	$15,101	$76,367	-0.8%

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
Joan Reynolds	Director	1.00	Director	$0	$0	$0
Claudette Biermeret	Vice President	5.00	Officer Director	$0	$0	$0
Michael Spielman	Treasurer	5.00	Officer Director	$0	$0	$0
Jeff Johnson	Director	1.00	Director	$0	$0	$0
Keoni Ball	Secretary	5.00	Officer Director	$0	$0	$0
Erin Lagourgue	President	5.00	Officer Director	$0	$0	$0
Jake Carlson	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	$277,743	$262,642	$725,970	$15,101
2024	$277,743	$262,642	$725,970	$15,101
2023	$246,168	$169,801	$725,828	$76,367
2022	$207,484	$198,190	$665,012	$9,294
2021	$205,876	$159,734	$652,602	$46,142
2020	$211,004	$135,055	$611,540	$75,949
2019	$207,894	$136,583	$533,706	$71,311
2018	$209,428	$105,685	$473,773	$103,743

Willowside Mutual Water Company