BISMARCK, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTH DAKOTA RURAL WATER SYSTEMS ASSOCIATION, founded in 1974, is a community nonprofit in the Employment sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 9% surplus.
TO EDUCATE, SUPPORT, AND LEAD ITS MEMBERS IN PROVIDING QUALITY SERVICE TO THEIR CUSTOMERS.
CIRCUIT RIDER PROGRAMS - PROVIDING QUALITY TECHNICAL ASSISTANCE TO RURAL WATER SYSTEM PERSONNEL ON OPERATION, FINANCE, AND MANAGEMENT OF THEIR SYSTEMS.
WASTE WATER PROGRAM - PROVIDING ASSISTANCE FOR NEW OR IMPROVED WATER AND/OR WASTE DISPOSAL SYSTEMS TO RURAL AREAS.
OTHER PROGRAMS FUNDED BY STATE REVOLVING FUND AND BUREAU OF RECLAMATION. TECHNICAL ASSISTANCE WITH OPERATION AND MAINTENANCE, MANAGEMENT OF THE GARRISON DIVERSION UNIT TRIBAL MR&I WATER SYSTEMS AND...
OTHER PROGRAMS FUNDED BY STATE REVOLVING FUND AND BUREAU OF RECLAMATION. TECHNICAL ASSISTANCE WITH OPERATION AND MAINTENANCE, MANAGEMENT OF THE GARRISON DIVERSION UNIT TRIBAL MR&I WATER SYSTEMS AND PROVIDE TRAINING TO TRIBAL PROGRAM STAFF IN RELATION TO SYSTEM OPERATIONS AND MANAGEMENT. WELLHEAD PROTECTION PROGRAM PROVIDES TECHNICAL ASSISTANCE TO SMALL SYSTEMS SERVING 10,000 OR FEWER PERSONS THAT HAVE DRINKING WATER SOURCES THAT ARE CONSIDERED TO BE IN AREAS VULNERABLE TO CONTAMINATION. OPERATOR CERTIFICATION PROGRAM - PROVIDES TECHNICAL ASSISTANCE TO SMALL SYSTEMS SERVING 10,000 OR FEWER PERSONS BY AIDING THEM TO OBTAIN PROPERLY CERTIFIED OPERATORS. NATIONAL APPRENTICESHIP - PROVIDES ASSISTANCE TO CARRY OUT PRE- APPRENTICESHIP AND YOUTH OUTREACH INITIATIVES.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,815,578 | $1,448,836 | +0.3% |
| Expenses | $1,645,055 | $1,311,431 | +0.3% |
| Net Income | $170,523 | $137,405 | +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 |
|---|---|---|---|---|---|---|
| ERIC VOLK | EXECUTIVE DI | 40.00 |
Officer
|
$130,268 | $20,176 | $150,444 |
| JOE LAFAVE | TREASURER | 1.00 |
Officer
Director
|
$1,650 | $0 | $1,650 |
| BRUCE HENSCHEL | VICE PRESIDE | 1.00 |
Officer
Director
|
$600 | $0 | $600 |
| MATT ODERMANN | PRESIDENT | 1.00 |
Officer
Director
|
$600 | $0 | $600 |
| JIM SCHMALTZ | PAST PRES. | 1.00 |
Director
|
$600 | $0 | $600 |
| MICHELE SCHOMMER | NATL REPR | 1.00 |
Director
|
$600 | $0 | $600 |
| JEREMY SCHULER | MGR REP | 1.00 |
Director
|
$600 | $0 | $600 |
| DOUG ANDERSON | DIRECTOR | 1.00 |
Director
|
$450 | $0 | $450 |
| JEFF BREKER | SECRETARY | 1.00 |
Officer
Director
|
$300 | $0 | $300 |
| LAVONNE ALTHOFF | PAST SECRETA | 1.00 |
Director
|
$150 | $0 | $150 |
| JOHN HANCOCK | PAST PRES. | 1.00 |
Director
|
$150 | $0 | $150 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,815,578 | $1,645,055 | $1,647,701 | $170,523 |
| 2022 | $1,448,836 | $1,311,431 | $1,456,428 | $137,405 |
| 2021 | $1,168,373 | $1,105,317 | $1,206,873 | $63,056 |
| 2020 | $1,235,058 | $1,090,746 | $1,027,259 | $144,312 |
| 2019 | $1,106,128 | $1,089,330 | $1,055,080 | $16,798 |
| 2018 | $1,100,358 | $1,093,457 | $1,038,431 | $6,901 |
Compare NORTH DAKOTA RURAL WATER SYSTEMS ASSOCIATION with other nonprofits in North Dakota and across the country.