Vermont Rural Water Association

🔒

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

1982

Legal Domicile

Principal Officer

Elizabeth J Royer

Phone

8026604988

Tax Period

2025-01-01 to 2025-12-31

Vermont Rural Water Association, founded in 1982, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 11% surplus.

Mission

To promote public health and a clean environment by providing support to public water and wastewater systems.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $1,381,901

Program Service Revenue $0

Investment Income $18,820

Other Revenue $340,372

TOTAL REVENUE $1,741,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $998,953

Fundraising Expenses $0

Program Expenses $1,550,911

Other Expenses $553,109

TOTAL EXPENSES $1,552,062

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,741,093	$1,542,638	+0.1%
Expenses	$1,552,062	$1,440,198	+0.1%
Net Income	$189,031	$102,440	+0.8%

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

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

$113,959

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth Royer	Executive Director	040.00	Officer	$85,848	$28,111	$113,959
Ray Counter	President	001.00	Officer Director	$0	$0	$0
Margaret Dwyer	Vice President	001.00	Officer Director	$0	$0	$0
Jon Thornton	Sec.-Treasurer	001.00	Officer Director	$0	$0	$0
April Busfield	Director	001.00	Director	$0	$0	$0
John Lazelle	Director	001.00	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	$1,741,093	$1,552,062	$1,193,896	$189,031
2024	$1,542,638	$1,440,198	$1,028,338	$102,440
2023	$1,409,501	$1,335,443	$941,203	$74,058
2022	$1,233,045	$1,161,084	$888,243	$71,961
2021	$1,194,241	$1,165,467	$644,276	$28,774
2020	$1,022,370	$998,018	$633,076	$24,352
2019	$925,548	$892,233	$617,184	$33,315
2018	$945,032	$941,602	$587,561	$3,430