HILLY-GREENWOOD WATER SYSTEM INC (EIN 720981944) - 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

1981

Legal Domicile

Principal Officer

RANDAL HERMES

Phone

3182540337

Tax Period

2023-01-01 to 2023-12-31

HILLY-GREENWOOD WATER SYSTEM INC, founded in 1981, is a small nonprofit that reported $206K in total revenue in fiscal year 2023. Net assets of $709K represent 41 months of operating reserves.

Mission

TO PROVIDE CLEAN DRINKING WATER TO THE COMMUNITY OF HILLY-GREENWOOD.

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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 $203,396

Investment Income $454

Other Revenue $2,379

TOTAL REVENUE $206,229

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,466

Fundraising Expenses $0

Program Expenses $212,665

Other Expenses $164,199

TOTAL EXPENSES $212,665

Year-over-Year Comparison

	2023	2022	Change
Revenue	$206,229	$202,914	+0.0%
Expenses	$212,665	$235,690	-0.1%
Net Income	$-6,436	$-32,776	-0.8%

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
RANDAL HERMES	PRESIDENT	N/A	Officer Director	$0	$0	$0
RANDY ALLISON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
SCOTT MARTIN	DIRECTOR	N/A	Director	$0	$0	$0
BYRON JUDD	DIRECTOR	N/A	Director	$0	$0	$0
JP DUNBAR	DIRECTOR	N/A	Director	$0	$0	$0
HANNAH MARTIN	SECRETARY	N/A	Officer	$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	$206,229	$212,665	$724,665	$-6,436
2022	$202,914	$235,690	$736,632	$-32,776
2021	$173,294	$223,024	$771,675	$-49,730
2020	$175,962	$205,001	$815,110	$-29,039
2019	$190,419	$213,716	$839,965	$-23,297
2018	$184,769	$193,908	$857,491	$-9,139

HILLY-GREENWOOD WATER SYSTEM INC