SCIOTO WATER INC (EIN 310796552) - 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

1969

Legal Domicile

Phone

7403549140

Tax Period

2023-01-01 to 2023-12-31

SCIOTO WATER INC, founded in 1969, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $6.3M left a modest 7% surplus.

Mission

TO PROVIDE A SOURCE OF WATER FOR THE RESIDENTS AND BUSINESSES OF SCIOTO COUNTY OHIO

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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 $0

Investment Income $607

Other Revenue $6,765,942

TOTAL REVENUE $6,766,549

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,511,007

Fundraising Expenses $0

Other Expenses $3,774,382

TOTAL EXPENSES $6,285,389

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,766,549	$6,170,116	+0.1%
Expenses	$6,285,389	$6,240,988	+0.0%
Net Income	$481,160	$-70,872	-7.8%

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

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

$15,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
J TROY HUFF	Secretary	2.00	Director	$2,750	$0	$2,750
JOHN BARKHURST	Chairman	8.00	Director	$2,700	$0	$2,700
ROGER GALLIMORE	Director	2.00	Director	$2,600	$0	$2,600
JULIE SIMMERING	Director	2.00	Director	$2,600	$0	$2,600
JIM MILLER	Treasurer	2.00	Director	$2,500	$0	$2,500
RON POWELL	Vice President	2.00	Director	$2,500	$0	$2,500
JEFFREY D SPRADLIN	Executive Dir.	40.00	Officer	$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	No data	No data	No data	No data
2023	$6,766,549	$6,285,389	$33,071,255	$481,160
2022	$6,170,116	$6,240,988	$33,206,587	$-70,872
2021	$5,867,476	$5,928,544	$32,802,209	$-61,068
2020	$6,122,404	$5,735,895	$33,350,155	$386,509
2019	$5,516,292	$5,341,267	$32,705,750	$175,025

SCIOTO WATER INC