DEVORE WATER COMPANY (EIN 952272783) - 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

1910

Legal Domicile

Principal Officer

D CLAFLIN

Phone

9098873310

Tax Period

2024-11-01 to 2025-10-31

DEVORE WATER COMPANY, founded in 1910, is a small nonprofit that reported $541K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $596K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE POTABLE WATER TO ITS MEMBERS

🔒

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 $540,770

Investment Income $0

Other Revenue $0

TOTAL REVENUE $540,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,805

Fundraising Expenses $0

Other Expenses $415,007

TOTAL EXPENSES $595,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,770	$610,632	-0.1%
Expenses	$595,812	$597,734	0.0%
Net Income	$-55,042	$12,898	-5.3%

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

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
P KIRKLAND	CEO	4.00	Officer Director	$0	$0	$0
D CLAFLIN	CFO, SECR	4.00	Officer Director	$0	$0	$0
J COSTA	VP	4.00	Officer Director	$0	$0	$0
B GILBERT	DIR	4.00	Director	$0	$0	$0
S HORTON	DIR	4.00	Director	$0	$0	$0
M LEOS	DIR	4.00	Director	$0	$0	$0
B KLAPP	DIR	4.00	Director	$0	$0	$0
S AVILA	DIR	4.00	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
2025	$540,770	$595,812	$2,970,256	$-55,042
2024	$610,632	$597,734	$2,610,872	$12,898
2023	$333,758	$1,101,197	$2,227,623	$-767,439
2022	$632,166	$767,695	$2,743,515	$-135,529
2021	$819,156	$936,300	$2,682,300	$-117,144
2019	$619,070	$475,856	$2,231,457	$143,214
2018	$482,110	$442,563	$2,092,835	$39,547

DEVORE WATER COMPANY