ELLIS WATER COMPANY INC (EIN 351129361) - 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

1963

Legal Domicile

Principal Officer

RODNEY BREDEWEG

Phone

8128479898

Tax Period

2025-01-01 to 2025-12-31

ELLIS WATER COMPANY INC, founded in 1963, is a small nonprofit that reported $899K in total revenue in fiscal year 2025. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 24% operating deficit.

Mission

SALE OF WATER TO RURAL CUSTOMERS

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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 $14,448

Other Revenue $884,658

TOTAL REVENUE $899,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,905

Fundraising Expenses $0

Program Expenses $1,110,448

Other Expenses $936,543

TOTAL EXPENSES $1,110,448

Year-over-Year Comparison

	2025	2024	Change
Revenue	$899,106	$819,567	+0.1%
Expenses	$1,110,448	$720,554	+0.5%
Net Income	$-211,342	$99,013	-3.1%

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

$13,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY BREDEWEG	PRESIDENT	4.00	Officer	$1,750	$0	$1,750
KRISS MILLER	SEC/TREASURER	4.00	Officer	$2,500	$0	$2,500
BRADLEY ELLIS	VICE-PRESIDENT	3.00	Officer	$1,750	$0	$1,750
KENT OPIE WALL	DIRECTOR	2.00	Officer	$1,750	$0	$1,750
LARRY JERRELLS	DIRECTOR	2.00	Officer	$1,750	$0	$1,750
HOWARD GREEN	DIRECTOR	2.00	Officer	$1,750	$0	$1,750
MICHAEL STAMM	DIRECTOR	2.00	Officer	$1,750	$0	$1,750

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	$899,106	$1,110,448	$2,551,695	$-211,342
2024	$819,567	$720,554	$2,759,522	$99,013
2023	$778,077	$697,345	$2,657,775	$80,732
2022	$715,249	$668,549	$2,571,434	$46,700
2021	$716,040	$670,444	$2,526,049	$45,596
2020	$733,419	$676,592	$2,484,156	$56,827
2019	$699,002	$612,118	$2,471,674	$86,884

ELLIS WATER COMPANY INC