EASTERN HEIGHTS UTILITIES INC (EIN 351288482) - 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

1970

Legal Domicile

Principal Officer

TOM MCARTOR

Phone

8123848261

Tax Period

2023-01-01 to 2023-12-31

EASTERN HEIGHTS UTILITIES INC, founded in 1970, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2023. Expenses of $3.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

DISTRIBUTE WATER TO MEMBERS IN THE SURROUNDING AREA.

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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 $2,814,771

Investment Income $-6,131

Other Revenue $40,290

TOTAL REVENUE $2,848,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,207,772

Fundraising Expenses $0

Other Expenses $1,984,130

TOTAL EXPENSES $3,191,902

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,848,930	$2,773,299	+0.0%
Expenses	$3,191,902	$2,744,236	+0.2%
Net Income	$-342,972	$29,063	-12.8%

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

$8,630

Total Directors

$32,240

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNY MCINTOSH	DIRECTOR	1.00	Director	$6,930	$0	$6,930
DON SCHULTE	DIRECTOR	1.00	Director	$5,460	$0	$5,460
JOE PULLEN	SEC/TREASURE	1.00	Officer	$5,090	$0	$5,090
TOM MCARTOR	PRESIDENT	1.00	Officer	$3,540	$0	$3,540
BOB BANDY	DIRECTOR	1.00	Director	$2,460	$0	$2,460
WILLIAM HASLER	DIRECTOR	1.00	Director	$2,310	$0	$2,310
SCOTT MCDONALD	DIRECTOR	1.00	Director	$2,280	$0	$2,280
JIM MEIER	DIRECTOR	1.00	Director	$2,280	$0	$2,280
PAUL AYDT	DIRECTOR	1.00	Director	$2,110	$0	$2,110
DWAYNE HOSTETTER	DIRECTOR	1.00	Director	$2,110	$0	$2,110
GARY REED	DIRECTOR	1.00	Director	$1,750	$0	$1,750
BRIAN WARNICK	DIRECTOR	N/A	Director	$1,740	$0	$1,740
GARY HUDSON	DIRECTOR	N/A	Director	$1,590	$0	$1,590
MATTHEW MILLER	DIRECTOR	N/A	Director	$1,220	$0	$1,220

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	$2,848,930	$3,191,902	$18,012,983	$-342,972
2022	$2,773,299	$2,744,236	$17,496,536	$29,063
2021	$2,782,011	$2,630,904	$17,662,662	$151,107
2020	$1,869,180	$2,427,086	$17,982,412	$-557,906
2019	$2,133,494	$2,516,131	$18,378,122	$-382,637
2018	$2,128,840	$2,478,742	$18,916,724	$-349,902

EASTERN HEIGHTS UTILITIES INC