CHEROKEE COUNTY RURAL WATER DISTRICT NO ONE (EIN 237192688) - 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

Principal Officer

NICK PATTERSON

Phone

7122256193

Tax Period

2025-01-01 to 2025-12-31

CHEROKEE COUNTY RURAL WATER DISTRICT NO ONE is a community nonprofit that reported $2.7M in total revenue in fiscal year 2025. The organization ran a surplus of $479K, a strong 18% operating margin.

Mission

PROVIDE WATER SERVICE FOR RURAL RESIDENTS IN AND AROUND CHEROKEE COUNTY

🔒

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 $0

Program Service Revenue $65,170

Investment Income $78,361

Other Revenue $2,562,332

TOTAL REVENUE $2,705,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $711,665

Fundraising Expenses $0

Program Expenses $2,226,626

Other Expenses $1,514,961

TOTAL EXPENSES $2,226,626

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,705,863	$2,535,501	+0.1%
Expenses	$2,226,626	$2,077,841	+0.1%
Net Income	$479,237	$457,660	+0.0%

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

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

$3,250

Total Directors

$5,330

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTY IRWIN	DIRECTOR	N/A	Director	$1,170	$0	$1,170
KENT OHLSON	DIRECTOR	N/A	Director	$1,170	$0	$1,170
DOUG RADKE	DIRECTOR	N/A	Director	$1,170	$0	$1,170
JASON DUCOMMUN	VICE-PRESIDE	N/A	Officer	$1,170	$0	$1,170
JOE BRADY	DIRECTOR	N/A	Director	$1,040	$0	$1,040
CRAIG HOMAN	SECRETARY TR	N/A	Officer	$1,040	$0	$1,040
NICK PATTERSON	PRESIDENT	N/A	Officer	$1,040	$0	$1,040
BEN ERDMAN	DIRECTOR	N/A	Director	$520	$0	$520
ROBERT CARLSON	DIRECTOR	N/A	Director	$260	$0	$260

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	$2,705,863	$2,226,626	$20,342,849	$479,237
2024	$2,535,501	$2,077,841	$14,698,911	$457,660
2023	$2,354,852	$2,015,963	$14,369,695	$338,889
2022	$2,198,656	$1,941,562	$14,301,081	$257,094
2021	$2,063,400	$1,913,503	$14,356,009	$149,897
2020	$2,174,730	$1,866,797	$13,941,503	$307,933
2019	$2,044,299	$1,750,669	$13,965,896	$293,630
2018	$2,118,376	$1,811,819	$14,083,596	$306,557

CHEROKEE COUNTY RURAL WATER DISTRICT NO ONE