SLIBCO UTILITIES (EIN 232815948) - 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

1995

Legal Domicile

Principal Officer

ROBERT F DURKIN

Phone

5703427711

Tax Period

2023-07-01 to 2024-06-30

SLIBCO UTILITIES, founded in 1995, is a micro nonprofit that reported $51K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 71% operating margin.

Mission

THE COMPANY HISTORICALLY OPERATED AN INFRASTRUCTURE SYSTEM THAT INCLUDED WATER LINES, PUMPS, PUMP STATION, WATER TANK AND WATER METERS. THE COMPANY LEASED THIS SYSTEM TO AN AFFILIATED NOT-FOR-PROFIT ORGANIZATION. DURING 2021, THE INFRASTRUCTURE SYSTEM WAS SOLD TO AN OUTSIDE THIRD PARTY. THE ORGANIZATION CONTINUES TO EXIST IN SUPPORT OF UTILITY FUNCTIONS WITHIN THE BUSINESS PARKS OF ANOTHER AFFILIATED NOT-FOR-PROFIT ORGANIZATION.

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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 $5,186

Investment Income $46,283

Other Revenue $0

TOTAL REVENUE $51,469

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,633

Other Expenses $14,710

TOTAL EXPENSES $14,710

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,469	$34,343	+0.5%
Expenses	$14,710	$15,381	0.0%
Net Income	$36,759	$18,962	+0.9%

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

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
ROBERT F DURKIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DANIEL RICKARD	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER KUBIC SKAPYAK	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES F COLEMAN	TREASURER	1.00	Director	$0	$0	$0
DONALD BROMINSKI	DIRECTOR	1.00	Director	$0	$0	$0
ALANA ROBERTS	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$51,469	$14,710	$1,920,398	$36,759
2023	$34,343	$15,381	$1,823,107	$18,962
2022	$-208,543	$71,629	$1,774,590	$-280,172
2021	$134,953	$78,462	$2,111,299	$56,491
2020	$148,173	$66,665	$2,028,345	$81,508
2019	$153,505	$66,500	$1,925,426	$87,005

SLIBCO UTILITIES