AURORA-BRULE RURAL WATER SYSTEM (EIN 460411524) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

WADE BLASIUS

Phone

6057786110

Tax Period

2024-01-01 to 2024-12-31

AURORA-BRULE RURAL WATER SYSTEM, founded in 1972, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2018. Net assets of $6.6M represent 49 months of operating reserves.

Mission

TO ACQUIRE, CONSTRUCT, MAINTAIN, AND OPERATE A SYSTEM FOR THE DIVERSION, SUPPLY, STORAGE, AND DISTRIBUTION OF WATER TO THE MEMBERS OF THIS CORPORATION FOR DOMESTIC, AGRICULTURAL, AND COMMERCIAL PURPOSES WITHIN A SEVEN-COUNTY AREA SERVED BY THE CORPORATION.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $761,783

Program Service Revenue $2,119,676

Investment Income $158,437

Other Revenue $1,134

TOTAL REVENUE $3,041,030

Expense Breakdown

Grants Paid $0

Salaries & Benefits $536,461

Fundraising Expenses $0

Program Expenses $1,794,316

Other Expenses $1,694,699

TOTAL EXPENSES $2,231,160

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,041,030	$4,137,601	-0.3%
Expenses	$2,231,160	$2,045,868	+0.1%
Net Income	$809,870	$2,091,733	-0.6%

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

$9,000

Total Directors

$10,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WADE BLASIUS	GENERAL MANA	40.00	Highest	$126,250	$10,000	$136,250
RON GILLEN	CHAIRMAN	0.50	Officer Director	$3,450	$0	$3,450
TOM GEPPERT	VICE CHAIRMA	0.50	Officer Director	$1,950	$0	$1,950
RAYMOND HEATH	SECRETARY	0.50	Officer Director	$1,950	$0	$1,950
PAUL HETTINGER	DIRECTOR	0.50	Director	$1,650	$0	$1,650
CRAIG SWANSON	TREASURER	0.50	Officer Director	$1,650	$0	$1,650

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	$3,041,030	$2,231,160	$19,441,645	$809,870
2023	$4,137,601	$2,045,868	$17,963,423	$2,091,733
2022	$2,057,778	$1,964,549	$12,835,246	$93,229
2021	$2,413,138	$1,908,851	$12,985,482	$504,287
2020	$1,711,419	$1,684,171	$13,037,068	$27,248
2019	$1,542,075	$1,700,394	$11,926,409	$-158,319
2018	$1,634,403	$1,733,900	$11,779,366	$-99,497

AURORA-BRULE RURAL WATER SYSTEM