NE MT VERNON WATER COMPANY (EIN 371214300) - 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

1983

Legal Domicile

Principal Officer

KENNY CLARK

Phone

6182428807

Tax Period

2022-04-01 to 2023-03-31

NE MT VERNON WATER COMPANY, founded in 1983, is a small nonprofit that reported $905K in total revenue in fiscal year 2022. The organization ran a surplus of $192K, a strong 21% operating margin.

Mission

TO PROVIDE WATER TO RURAL AREAS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $6,569

Other Revenue $898,651

TOTAL REVENUE $905,220

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,535

Fundraising Expenses $0

Program Expenses $713,046

Other Expenses $491,511

TOTAL EXPENSES $713,046

Year-over-Year Comparison

	2022	2021	Change
Revenue	$905,220	$881,112	+0.0%
Expenses	$713,046	$738,622	0.0%
Net Income	$192,174	$142,490	+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

$1,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KENNY CLARK	PRESIDENT	1.00	Officer	$1,200	$0	$1,200
CHRIS BEAN	DIRECTOR	0.50	Director	$0	$0	$0
ROSS BROWN	TRUSTEE	0.50	Director	$0	$0	$0
DAVID JENNINGS	DIRECTOR	0.50	Director	$0	$0	$0
TERRY KNOWLES	DIRECTOR	0.50	Director	$0	$0	$0
DWIGHT TIMMONS	TRUSTEE	0.50	Director	$0	$0	$0
JIM HERTENSTEIN	SECRETARY	0.50	Officer	$0	$0	$0
JOHN METCALF	TREASURER	0.50	Officer	$0	$0	$0
JEANNE REYNOLDS	VICE PRESIDE	0.50	Officer	$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
2023	$905,220	$713,046	$4,544,534	$192,174
2022	$881,112	$738,622	$4,714,024	$142,490
2021	$940,911	$691,123	$4,915,754	$249,788

NE MT VERNON WATER COMPANY