GOUCHER WATER COMPANY INC (EIN 237347645) - 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

1972

Legal Domicile

Principal Officer

DAVID WHEELER

Phone

8649029975

Tax Period

2024-01-01 to 2024-12-31

GOUCHER WATER COMPANY INC, founded in 1972, is a small nonprofit that reported $966K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $907K left a modest 6% surplus.

Mission

TO PROVIDE WATER TO THE RESIDENTS OF THE COMMUNITY OF GOUCHER.

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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 $935,768

Investment Income $11,410

Other Revenue $18,633

TOTAL REVENUE $965,811

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $825,693

Other Expenses $906,517

TOTAL EXPENSES $906,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$965,811	$889,851	+0.1%
Expenses	$906,517	$816,756	+0.1%
Net Income	$59,294	$73,095	-0.2%

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
JIM BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
W REED BROWN	SECRETARY/TR	1.00	Director	$0	$0	$0
WB COOK	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANK HAMMETT	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCUS MATHIS	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL MILLWOOD	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PITTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEVER SOLMON	GENERAL MANA	1.00	Director	$0	$0	$0
LYNN TOMLINSON	VICE PRESIDE	1.00	Director	$0	$0	$0
DAVID WHEELER	PRESIDENT	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
2024	$965,811	$906,517	$2,815,822	$59,294
2023	$889,851	$816,756	$2,716,758	$73,095
2022	$918,909	$824,604	$2,680,740	$94,305
2021	$851,299	$838,621	$2,521,888	$12,678
2020	$752,667	$800,805	$2,509,054	$-48,138
2019	$799,131	$762,131	$2,559,421	$37,000

GOUCHER WATER COMPANY INC