GLENWOOD WATER SUPPLY CORPORATION (EIN 751933853) - 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

1968

Legal Domicile

Principal Officer

PHILLIP SINCLAIR

Tax Period

2025-01-01 to 2025-12-31

GLENWOOD WATER SUPPLY CORPORATION, founded in 1968, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $689K in total revenue in fiscal year 2025. The organization ran a surplus of $145K, a strong 21% operating margin.

Mission

PROVIDE RURAL WATER SERVICE.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $680,540

Investment Income $7,977

Other Revenue $0

TOTAL REVENUE $688,517

Expense Breakdown

Grants Paid $0

Salaries & Benefits $59,354

Fundraising Expenses $0

Program Expenses $501,800

Other Expenses $484,349

TOTAL EXPENSES $543,703

Year-over-Year Comparison

	2025	2024	Change
Revenue	$688,517	$680,660	+0.0%
Expenses	$543,703	$522,265	+0.0%
Net Income	$144,814	$158,395	-0.1%

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
PHILLIP SINCLAIR	PRESIDENT	N/A	Officer Director	$0	$0	$0
WALTER WITCHER	DIRECTOR	N/A	Director	$0	$0	$0
KEITH BONDS	SEC/TREAS	N/A	Officer Director	$0	$0	$0
RAYMOND SHELTON	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
MARK TATUM	DIRECTOR	N/A	Director	$0	$0	$0
DAVID SNYDER	DIRECTOR	N/A	Director	$0	$0	$0
JERB MCCONNELL	DIRECTOR	N/A	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	$688,517	$543,703	$3,485,368	$144,814
2024	$680,660	$522,265	$3,326,611	$158,395
2023	$677,192	$472,789	$3,177,652	$204,403
2022	$725,639	$484,012	$2,981,395	$241,627
2021	$549,328	$575,184	$2,797,218	$-25,856
2020	$518,364	$450,955	$2,823,772	$67,409
2019	$639,112	$389,155	$2,742,063	$249,957
2018	$542,134	$425,867	$2,480,895	$116,267

GLENWOOD WATER SUPPLY CORPORATION