BARRINEAU PUBLIC UTILITY INC (EIN 570746124) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

STEVE BARRINEAU

Phone

8433894001

Tax Period

2024-01-01 to 2024-12-31

BARRINEAU PUBLIC UTILITY INC, founded in 1980, is a small nonprofit that reported $427K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $410K left a modest 4% surplus.

Mission

PROVIDE WATER SERVICE TO RESIDENTS OF RURAL CLARENDON COUNTY, SOUTH CAROLINA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $405,495

Investment Income $21,312

Other Revenue $0

TOTAL REVENUE $426,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,617

Fundraising Expenses $0

Other Expenses $359,575

TOTAL EXPENSES $410,192

Year-over-Year Comparison

	2024	2023	Change
Revenue	$426,807	$369,510	+0.2%
Expenses	$410,192	$375,747	+0.1%
Net Income	$16,615	$-6,237	-3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BARRINEAU	PRESIDENT	4.00	Officer Director	$0	$0	$0
BRANTLEY BURROWS	DIRECTOR	2.00	Director	$0	$0	$0
LC FEAGIN	DIRECTOR	2.00	Director	$0	$0	$0
ROBBIE SPRINGS	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
BILL WALLACE	SECRETARY-TR	2.00	Officer 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
2024	$426,807	$410,192	$2,380,130	$16,615
2023	$369,510	$375,747	$2,417,319	$-6,237
2022	$313,524	$351,419	$2,443,126	$-37,895
2021	$298,396	$318,344	$2,493,804	$-19,948
2020	$268,275	$284,144	$2,531,066	$-15,869
2019	$271,114	$299,541	$2,622,566	$-28,427
2018	$264,443	$265,183	$2,718,800	$-740

BARRINEAU PUBLIC UTILITY INC