BERLIN WATER COMPANY (EIN 346551721) - 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

1954

Legal Domicile

Principal Officer

RANDY WIRICK

Phone

3308933161

Tax Period

2023-01-01 to 2023-12-31

BERLIN WATER COMPANY, founded in 1954, is a small nonprofit that reported $323K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $268K, a strong 83% operating margin.

Mission

PROVIDING WATER TO THE BERLIN AREA COMMUNITY.

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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 $12,650

Program Service Revenue $0

Investment Income $19,979

Other Revenue $290,496

TOTAL REVENUE $323,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $31,193

Fundraising Expenses $0

Other Expenses $23,986

TOTAL EXPENSES $55,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$323,125	$274,246	+0.2%
Expenses	$55,179	$46,402	+0.2%
Net Income	$267,946	$227,844	+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

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

$24,218

Total Directors

$6,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTHA GRICE	CLERK/TREASU	20.00	Officer	$21,118	$0	$21,118
RANDY WIRICK	PRESIDENT	2.00	Officer Director	$3,100	$0	$3,100
ARLEN KAUFMAN	TRUSTEE	2.00	Director	$1,600	$0	$1,600
WAYNE HOCHSTETLER	TRUSTEE	2.00	Director	$1,550	$0	$1,550
REX HUMMEL	TRUSTEE	2.00	Director	$0	$0	$0
STEVE KAUFFMAN	TRUSTEE	2.00	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	No data	No data	No data	No data
2023	$323,125	$55,179	$3,156,215	$267,946
2022	$274,246	$46,402	$2,888,269	$227,844
2021	$389,973	$40,008	$2,663,285	$349,965
2020	$338,347	$43,493	$2,362,168	$294,854
2019	$312,993	$44,501	$2,218,441	$268,492
2018	$286,874	$51,157	$2,110,274	$235,717

BERLIN WATER COMPANY