MOORE CREEK - MT CARMEL UTILITIES (EIN 591494152) - 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

1971

Legal Domicile

Principal Officer

ELIJAH BELL

Phone

8506756174

Tax Period

2023-01-01 to 2023-12-31

MOORE CREEK - MT CARMEL UTILITIES, founded in 1971, is a small nonprofit that reported $983K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $923K left a modest 6% surplus.

Mission

TO PROVIDE WATER SERVICE TO CUSTOMERS LOCATED PRIMARILY IN RURAL NORTHWEST FLORIDA.

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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 $69,498

Program Service Revenue $903,405

Investment Income $10,465

Other Revenue $0

TOTAL REVENUE $983,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,975

Fundraising Expenses $0

Program Expenses $922,885

Other Expenses $798,910

TOTAL EXPENSES $922,885

Year-over-Year Comparison

	2023	2022	Change
Revenue	$983,368	$1,633,267	-0.4%
Expenses	$922,885	$853,311	+0.1%
Net Income	$60,483	$779,956	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIJAH BELL	PRESIDENT	1.00	Director	$0	$0	$0
ROBERT KELLEY	VICE-PRESIDE	1.00	Director	$0	$0	$0
CARL HALL	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MCDANIEL	DIRECTOR	1.00	Director	$0	$0	$0
JABO JERNIGAN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES EARL DIAMOND	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CAMPBELL	DIRECTOR	1.00	Director	$0	$0	$0
BOBBIE PALMER	DIRECTOR	1.00	Director	$0	$0	$0
MARSHALL HUDSON	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$983,368	$922,885	$6,161,377	$60,483
2022	$1,633,267	$853,311	$6,108,643	$779,956
2021	$1,249,262	$699,915	$5,449,958	$549,347
2020	$1,011,799	$730,001	$5,085,304	$281,798
2018	$753,017	$649,584	$3,497,897	$103,433

MOORE CREEK - MT CARMEL UTILITIES