St Henry Water Corp (EIN 351171267) - 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

1968

Legal Domicile

Principal Officer

JACK MAXEY

Phone

8123672229

Tax Period

2023-01-01 to 2023-12-31

St Henry Water Corp, founded in 1968, is a small nonprofit that reported $790K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $301K, a strong 38% operating margin.

Mission

St. Henry Water Corp. is a rural water utility with approximately 1317 members. The organizations mission is to provide members with safe drinking water at a reasonable cost.

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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 $22,475

Other Revenue $767,452

TOTAL REVENUE $789,927

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,150

Fundraising Expenses $0

Other Expenses $324,637

TOTAL EXPENSES $488,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$789,927	$523,470	+0.5%
Expenses	$488,787	$436,578	+0.1%
Net Income	$301,140	$86,892	+2.5%

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

1317

Independent Members

1317

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

$2,396

Total Directors

$4,193

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Don Meyer	Director	001.00	Director	$599	$0	$599
Jack Maxey	Treasurer	003.00	Officer Director	$599	$0	$599
Roland Terwiske	Pres.	003.00	Officer Director	$599	$0	$599
Fred Lindauer	Director	001.00	Director	$599	$0	$599
Dave Pund	Secretary	002.00	Officer Director	$599	$0	$599
Matt Steckler	V.P.	002.00	Officer Director	$599	$0	$599
Cory Schipp	Director	001.00	Director	$449	$0	$449
Tom Kessens	Director	001.00	Director	$150	$0	$150

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	$789,927	$488,787	$6,001,755	$301,140
2022	$523,470	$436,578	$4,964,195	$86,892
2021	$549,274	$449,577	$4,903,841	$99,697
2020	$525,063	$421,692	$4,895,899	$103,371

St Henry Water Corp