ASPENDELL MUTUAL WATER COMPANY (EIN 952573051) - 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

1996

Legal Domicile

Principal Officer

DAVID TANKSLEY

Phone

7608721796

Tax Period

2024-01-01 to 2024-12-31

ASPENDELL MUTUAL WATER COMPANY, founded in 1996, is a small nonprofit that reported $155K in total revenue in fiscal year 2024. The organization ran a surplus of $114K, a strong 73% operating margin.

Mission

PROVIDES AND MAINTAINS WATER SUPPLY TO RESIDENTS.

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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 $155,053

Investment Income $64

Other Revenue $0

TOTAL REVENUE $155,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,664

Other Expenses $41,541

TOTAL EXPENSES $41,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,117	$153,346	+0.0%
Expenses	$41,541	$52,225	-0.2%
Net Income	$113,576	$101,121	+0.1%

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

N/A

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
MIKE GHIZZONI	MEMBER-AT-LA	1.00	Director	$0	$0	$0
SCOTT VOLMERDING	MEMBER-AT-LA	1.00	Director	$0	$0	$0
MANDY JOHNSON	SECRETARY	1.00	Officer	$0	$0	$0
SCOTT MCKENZIE	TREASURER	1.00	Officer	$0	$0	$0
DAVID TANKSLEY	PRESIDENT	5.00	Officer	$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	$155,117	$41,541	$1,412,136	$113,576
2023	$153,346	$52,225	$1,256,791	$101,121
2022	$99,867	$53,752	$1,113,726	$46,115
2021	$44,093	$32,170	$1,026,407	$11,923
2020	$44,329	$34,545	$966,214	$9,784
2019	$44,308	$38,304	$914,604	$6,004
2018	$44,827	$40,059	$865,596	$4,768

ASPENDELL MUTUAL WATER COMPANY