SKY FOREST MUTUAL WATER CO (EIN 951228724) - 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

1934

Legal Domicile

Principal Officer

JOHN GILSON

Phone

9093360851

Tax Period

2024-07-01 to 2025-06-30

SKY FOREST MUTUAL WATER CO, founded in 1934, is a small nonprofit that reported $297K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $120K, a strong 41% operating margin.

Mission

PROVIDES WATER SERVICE TO THE RESIDENTS OF SKYFOREST

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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 $296,523

Investment Income $154

Other Revenue $40

TOTAL REVENUE $296,717

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,297

Fundraising Expenses $0

Program Expenses $149,965

Other Expenses $129,134

TOTAL EXPENSES $176,431

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,717	$210,108	+0.4%
Expenses	$176,431	$158,710	+0.1%
Net Income	$120,286	$51,398	+1.3%

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

$20,140

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN GILSON	PRESIDENT/SECRETARY	3.00	Officer Director	$0	$0	$0
MARK WAGNER	DIRECTOR	3.00	Director	$0	$0	$0
FREDDA ROSE	DIRECTOR	3.00	Director	$0	$0	$0
FRANK VANDIEST	GEN MGR	15.00	Officer	$20,140	$0	$20,140

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	$296,717	$176,431	$743,647	$120,286
2024	$210,108	$158,710	$623,361	$51,398
2023	$206,139	$160,198	$571,963	$45,941
2022	$207,559	$163,045	$526,022	$44,514
2021	$216,637	$144,546	$481,508	$72,091
2020	$181,035	$162,195	$409,417	$18,840
2019	$184,410	$139,677	$390,728	$44,733

SKY FOREST MUTUAL WATER CO