Wilshire Heights Mutual Water Company

Nonprofit profile at a glance

EIN
946083333
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2020
Location
Santa Rosa, CA, USA
Phone
6026190390
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$36,846
Expenses
$22,702
Assets
$367,609
Liabilities
$11,125

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Nick Hohler (President)
  • Russkin Hendricks (Vice President)

People named in this filing

  • Nick Hohler (President)
  • Russkin Hendricks (Vice President)
  • Gail Fadenrecht (Secretary/Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

WHMWC distributes safe and inexpensive well water to 41 neighborhood shareholders in the Wilshire Heights subdivision. We seek to provide the lowest prices possible with very little contracted labor. We are a volunteer-run company with no salaried employees.

What it reported doing in 2024

Our largest expense and program is maintaining and operating the water distribution system, which involves employing a certified operator to take monthly water samples for testing, making repairs of the equipment and water lines, paying PG&E for electricity to run the pumps, paying laboratory fees for the sample testing, enlisting a certified cross connection specialist to inspect all service connections annually, purchasing propane for the generators and undergoing annual generator inspections and maintenance in preparation for PG&E power outages, predominantly during red flag events. The most inconsequential costs are the administrative expenses which include insurance, fire district taxes, postage, envelopes, PO Box rental, and hiring a bookkeeper to generate the invoices.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.6%; rating input score 65
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 38.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 16.19; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -2.8% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: 8.1% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: -3.2% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 64.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $23K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.