BEACHES WATER COMPANY INC (EIN 521295865) - 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

1982

Legal Domicile

Principal Officer

GERHARDT RIEDEL

Phone

4105868710

Tax Period

2023-07-01 to 2024-06-30

BEACHES WATER COMPANY INC, founded in 1982, is a small nonprofit that reported $564K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 15% operating margin.

Mission

TO PROVIDE WATER FOR CONVENTIONAL AND DOMESTIC USE AND FIRE PROTECTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $561,658

Investment Income $2,288

Other Revenue $0

TOTAL REVENUE $563,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $441,444

Other Expenses $478,861

TOTAL EXPENSES $478,861

Year-over-Year Comparison

	2023	2022	Change
Revenue	$563,946	$538,683	+0.0%
Expenses	$478,861	$496,805	0.0%
Net Income	$85,085	$41,878	+1.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY P CLARKE	DIRECTOR	5.00	Director	$0	$0	$0
THOMAS FORGETTE	SECRETARY/TREASURER	5.00	Officer Director	$0	$0	$0
FRANK DIGEORGE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
GERHARDT RIEDEL	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN COLLINS	DIRECTOR	5.00	Director	$0	$0	$0
PAUL MURDOCH	DIRECTOR	5.00	Director	$0	$0	$0
TERESA WHEELER	DIRECTOR	5.00	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
2025	No data	No data	No data	No data
2024	$563,946	$478,861	$1,486,804	$85,085
2023	$538,683	$496,805	$1,455,370	$41,878
2022	$483,773	$496,747	$1,401,817	$-12,974
2021	$458,425	$496,773	$1,424,943	$-38,348
2020	$458,220	$481,205	$1,481,805	$-22,985
2019	$451,374	$438,975	$1,534,247	$12,399

BEACHES WATER COMPANY INC