EASTSIDE WATER ASSOCIATION INC (EIN 951444204) - 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

1990

Legal Domicile

Principal Officer

CRAIG SAMPLE

Phone

7148948106

Tax Period

2023-01-01 to 2023-12-31

EASTSIDE WATER ASSOCIATION INC, founded in 1990, is a small nonprofit that reported $354K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $1.3M represent 44 months of operating reserves.

Mission

PROVIDE AND MAINTAIN WATER SERVICE TO OUR LOCAL HOMEOWNERS.

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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 $353,788

Investment Income $0

Other Revenue $0

TOTAL REVENUE $353,788

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,208

Fundraising Expenses $0

Program Expenses $270,665

Other Expenses $329,193

TOTAL EXPENSES $367,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,788	$320,141	+0.1%
Expenses	$367,401	$348,687	+0.1%
Net Income	$-13,613	$-28,546	-0.5%

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

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

$1,200

Total Directors

$18,192

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG SAMPLE	PRESIDENT	1.00	Officer Director	$0	$600	$600
JOYCE POST	SECRETARY & TREASURER	1.00	Officer Director	$0	$600	$600
JEAN BAUER	DIRECTOR	1.00	Director	$0	$600	$600
TOM POST	DIRECTOR	1.00	Director	$0	$600	$600
STEVE HUNTER	DIRECTOR	1.00	Director	$15,192	$600	$15,792

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	No data	No data	No data	No data
2023	$353,788	$367,401	$1,396,512	$-13,613
2022	$320,141	$348,687	$1,427,112	$-28,546
2021	$317,693	$311,169	$1,460,917	$6,524
2020	$316,123	$257,251	$1,454,251	$58,872
2019	$316,718	$292,235	$1,377,577	$24,483

EASTSIDE WATER ASSOCIATION INC