OTWELL WATER CORPORATION (EIN 351139828) - 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

1964

Legal Domicile

Principal Officer

GARY PRIDE

Phone

8123542256

Tax Period

2025-01-01 to 2025-12-31

OTWELL WATER CORPORATION, founded in 1964, is a small nonprofit that reported $705K in total revenue in fiscal year 2025. Expenses of $682K left a modest 3% surplus.

Mission

ORGANIZED FOR THE SOLE PURPOSE OF PROVIDING A WATER DISTRIBUTION SYSTEM TO SERVE THE COMMUNITIES AND OUTLYING AREAS IN PIKE AND DUBOIS COUNTIES, INDIANA.

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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 $679,436

Investment Income $11,605

Other Revenue $13,638

TOTAL REVENUE $704,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,621

Fundraising Expenses $0

Program Expenses $517,152

Other Expenses $517,589

TOTAL EXPENSES $682,210

Year-over-Year Comparison

	2025	2024	Change
Revenue	$704,679	$706,060	0.0%
Expenses	$682,210	$616,950	+0.1%
Net Income	$22,469	$89,110	-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

N/A

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

$5,130

Total Directors

$8,830

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY PRIDE	PRESIDENT	1.00	Officer Director	$1,430	$0	$1,430
GREG MANGIN	VICE-PRESIDE	1.00	Officer Director	$1,200	$0	$1,200
JERRY TRAYLOR	TREASURER	1.00	Officer Director	$1,200	$0	$1,200
SCOTT BIRK	SECRETARY	1.00	Officer Director	$1,300	$0	$1,300
PAUL BASTIN	BOARD MEMBER	0.50	Director	$1,100	$0	$1,100
KEITH NOLAN	BOARD MEMBER	0.50	Director	$1,300	$0	$1,300
KEVIN SCHNARR	BOARD MEMBER	0.50	Director	$1,300	$0	$1,300

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	$704,679	$682,210	$2,289,488	$22,469
2024	$706,060	$616,950	$2,269,972	$89,110
2023	$706,295	$572,063	$2,178,673	$134,232
2022	$661,161	$533,244	$2,042,873	$127,917
2021	$599,976	$547,420	$1,915,420	$52,556
2020	$535,011	$584,674	$1,875,031	$-49,663
2019	$596,785	$555,343	$1,924,859	$41,442
2018	$597,585	$517,174	$1,867,175	$80,411

OTWELL WATER CORPORATION