HOGAN WATER CORP (EIN 311206016) - 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

1967

Legal Domicile

Principal Officer

DANIEL DEATON

Phone

8129269229

Tax Period

2025-01-01 to 2025-12-31

HOGAN WATER CORP, founded in 1967, is a small nonprofit in the Mutual Benefit sector that reported $114K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $28K, a strong 25% operating margin.

Mission

TO PROVIDE WATER UTILITIES TO RESIDENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $8,940

Other Revenue $105,056

TOTAL REVENUE $113,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,495

Fundraising Expenses $0

Other Expenses $58,441

TOTAL EXPENSES $85,936

Year-over-Year Comparison

	2025	2024	Change
Revenue	$113,996	$100,287	+0.1%
Expenses	$85,936	$83,445	+0.0%
Net Income	$28,060	$16,842	+0.7%

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

$2,996

Total Directors

$599

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAM BENTLE	SECRETARY	2.00	Officer	$1,199	$0	$1,199
MARK DURBIN	DIRECTOR	2.00	Director	$599	$0	$599
DANIEL DEATON	PRESIDENT	2.00	Officer	$599	$0	$599
DAVID MCCABE	VICE PRESIDE	2.00	Officer	$599	$0	$599
MICHAEL MCCABE	TREASURER	2.00	Officer	$599	$0	$599

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	$113,996	$85,936	$1,746,856	$28,060
2024	$100,287	$83,445	$1,713,863	$16,842
2023	$130,135	$79,471	$1,692,383	$50,664
2022	$-4,725	$73,098	$539,694	$-77,823
2021	$66,576	$84,743	$611,875	$-18,167

HOGAN WATER CORP