MARCO RURAL WATER CO INC (EIN 570633707) - 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

1970

Legal Domicile

Principal Officer

ROBIN WINKELER

Phone

8434234680

Tax Period

2024-01-01 to 2024-12-31

MARCO RURAL WATER CO INC, founded in 1970, is a community nonprofit that reported $3.5M in total revenue in fiscal year 2024. Net assets of $14.9M represent 52 months of operating reserves.

Mission

TO PROVIDE WATER SERVICE TO THE RURAL RESIDENTS OF MARION COUNTY

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,305,250

Investment Income $135,491

Other Revenue $35,377

TOTAL REVENUE $3,476,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,237,983

Fundraising Expenses $0

Other Expenses $2,223,942

TOTAL EXPENSES $3,461,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,476,118	$3,353,497	+0.0%
Expenses	$3,461,925	$3,301,605	+0.0%
Net Income	$14,193	$51,892	-0.7%

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

$145,306

Total Directors

$26,503

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE FORE	DIRECTOR	0.50	Director	$2,924	$0	$2,924
MARCIE KING	DIRECTOR	0.50	Director	$2,661	$0	$2,661
CHARLES COLLINS	DIRECTOR	0.50	Director	$3,411	$0	$3,411
JOHN NICHOLS	DIRECTOR	0.50	Director	$2,924	$0	$2,924
ERVIN BLACKMON	DIRECTOR	0.50	Director	$2,956	$0	$2,956
CURTIS CAMPBELL	DIRECTOR	0.50	Director	$2,924	$0	$2,924
JIMMY A BROWN	DIRECTOR	0.50	Director	$2,661	$0	$2,661
THOMAS E LARRIMORE	DIRECTOR	0.50	Director	$3,086	$0	$3,086
JOE L GIBBS	DIRECTOR	0.50	Director	$2,956	$0	$2,956
ROBERT T WINKLER	MANAGER	40.00	Officer	$145,306	$0	$145,306

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	$3,476,118	$3,461,925	$21,880,236	$14,193
2023	$3,353,497	$3,301,605	$22,146,114	$51,892
2022	$3,099,861	$3,255,774	$22,293,693	$-155,913
2021	$3,000,789	$2,999,335	$22,322,425	$1,454
2020	$3,229,727	$2,957,258	$21,685,331	$272,469
2019	$3,029,286	$2,846,159	$21,602,729	$183,127
2018	$2,915,378	$2,767,978	$21,662,895	$147,400

MARCO RURAL WATER CO INC