North Dearborn Water Authority (EIN 351548812) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

Steward Cline

Phone

8125762177

Tax Period

2022-01-01 to 2022-12-31

North Dearborn Water Authority, founded in 1957, is a small nonprofit that reported $962K in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $3.6M exceeded revenue, resulting in a 269% operating deficit.

Mission

Provision of water services

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $914,036

Investment Income $41,525

Other Revenue $6,506

TOTAL REVENUE $962,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,860

Fundraising Expenses $0

Program Expenses $738,029

Other Expenses $3,423,646

TOTAL EXPENSES $3,551,506

Year-over-Year Comparison

	2022	2021	Change
Revenue	$962,067	$836,907	+0.1%
Expenses	$3,551,506	$884,931	+3.0%
Net Income	$-2,589,439	$-48,024	+52.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$600

Total Directors

$600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Steward Cline	President	1.00	Officer Director	$600	$0	$600
Brent Murphy	Vice President	1.00	Officer Director	$0	$0	$0
Daniel Morris	Treasurer	1.00	Officer Director	$0	$0	$0
Steve Naltner	Asst. Treasurer	1.00	Officer Director	$0	$0	$0
Paul Bischoff	Secretary	1.00	Officer Director	$0	$0	$0
Kevin Wilson	Asst. Secretary	1.00	Officer Director	$0	$0	$0
Jon Hartman	Director	1.00	Director	$0	$0	$0
Michael Andres	Director	1.00	Director	$0	$0	$0
Jason Kichler	Director	1.00	Director	$0	$0	$0

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
2022	$962,067	$3,551,506	No data	$-2,589,439
2021	$836,907	$884,931	$7,118,730	$-48,024
2020	$836,153	$822,367	$7,117,740	$13,786
2019	$838,200	$798,614	$7,069,428	$39,586
2018	$810,420	$805,641	$7,059,061	$4,779

North Dearborn Water Authority