EASTERN RICHLAND SEWER CORPORATION (EIN 351288527) - 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

DALE RIGHTLEY

Phone

8123392227

Tax Period

2024-01-01 to 2024-12-31

EASTERN RICHLAND SEWER CORPORATION, founded in 1970, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $1.2M left a modest 9% surplus.

Mission

PROVIDE SEWER LINE SERVICE TO MEMBERSHIP

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,166,501

Investment Income $156,718

Other Revenue $0

TOTAL REVENUE $1,323,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $164,849

Fundraising Expenses $0

Program Expenses $937,264

Other Expenses $1,038,535

TOTAL EXPENSES $1,203,384

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,323,219	$1,415,072	-0.1%
Expenses	$1,203,384	$1,233,399	0.0%
Net Income	$119,835	$181,673	-0.3%

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

$137,196

Total Directors

$16,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE RIGHTLEY	TREASURER	15.00	Officer	$58,040	$0	$58,040
JOE PEDEN	PRESIDENT	15.00	Officer	$41,798	$0	$41,798
CURT HAYES	V-PRESIDENT	5.00	Officer	$18,679	$0	$18,679
DAVID WILLIBEY	SECRETARY	5.00	Officer	$18,679	$0	$18,679
MATTHEW A DAVIS	DIRECTOR	N/A	Director	$4,200	$0	$4,200
AVERY HAYS	DIRECTOR	N/A	Director	$4,200	$0	$4,200
RICHARD SANDERS	DIRECTOR	N/A	Director	$4,200	$0	$4,200
MARLOW SMETHURST	DIRECTOR	N/A	Director	$4,200	$0	$4,200

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	$1,323,219	$1,203,384	$6,388,098	$119,835
2023	$1,415,072	$1,233,399	$6,386,150	$181,673
2022	$1,394,005	$1,251,444	$6,333,959	$142,561
2021	$1,238,594	$1,637,705	$6,105,713	$-399,111
2020	$1,264,771	$1,019,221	$6,578,886	$245,550
2019	$1,203,157	$976,502	$6,572,606	$226,655
2018	$1,163,951	$819,676	$6,224,312	$344,275

EASTERN RICHLAND SEWER CORPORATION