SPENCER, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASSOCIATION OF REGIONAL WATER ORGANIZATIONS, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $36K in total revenue in fiscal year 2025. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $100K exceeded revenue, resulting in a 178% operating deficit.
THE PURPOSE OF THE ASSOCIATION IS TO WORK FOR THE ADVANCEMENT OF REGIONAL WATER AND WASTEWATER ORGANIZATIONS WHILE PROMOTING, DEVELOPING, AND ESTABLISHING, THE EXCHANGE OF BEST PRACTICES, AND PROVIDING A VOICE TO ADVOCATE FOR SUSTAINABLE AND AFFORDABLE WATER AND WASTEWATER SERVICES FOR ALL COMMUNITIES, INCLUDING THE UNDERSERVED AND UNSERVED COMMUNITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $36,039 | $71,814 | -0.5% |
| Expenses | $100,242 | $151,682 | -0.3% |
| Net Income | $-64,203 | $-79,868 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| C TAD BOHANNON | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| HECTOR GONZALEZ | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| ROYCE HAMMITT | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| PATRICK JACKSON | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| SCOTT KIRK | GENERAL MANA | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT MAHLER | SEN. VICE PR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN MARZLUF | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVE MCMURRY | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| JOHNATHAN RAY | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| BILL TEICHMILLER | SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRAD VEIT | VICE PRESIDE | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| DOUGLAS WESTERMAN | MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $36,039 | $100,242 | $171,347 | $-64,203 |
| 2024 | No data | No data | No data | No data |
| 2023 | $202,632 | $152,315 | $315,418 | $50,317 |
Compare ASSOCIATION OF REGIONAL WATER ORGANIZATIONS with other nonprofits in Iowa and across the country.