GRINDSTONE BUTTE MUTUAL CANAL CO

EIN: 820304588

CHAMPAIGN, IL

Total Revenue
$4,382,158
Total Expenses
$4,382,158
Total Assets
$200
Net Assets
$200
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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
1967
Legal Domicile
ID
Principal Officer
MICHAEL STOCKBURGER
Phone
2083426524
Tax Period
2023-01-01 to 2023-12-31

GRINDSTONE BUTTE MUTUAL CANAL CO, founded in 1967, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023.

Mission

TO MAINTAIN AN IRRIGATION SYSTEM NEEDED TO PROVIDE WATER TO FARMS OF THE CANAL COMPANY'S MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,382,158
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,382,158

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,382,158
Other Expenses $4,382,158
TOTAL EXPENSES $4,382,158

Year-over-Year Comparison

2023 2022 Change
Revenue $4,382,158 $4,589,183 0.0%
Expenses $4,382,158 $4,589,183 0.0%
Net Income $0 N/A N/A
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

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRET ANDERSEN VICE PRESIDE N/A
Officer Director
$0 $0 $0
MICHAEL STOCKBURGER PRESIDENT N/A
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 No data No data No data No data
2023 $4,382,158 $4,382,158 $200 No data
2022 $4,589,183 $4,589,183 $200 No data
2021 $3,821,064 $3,821,064 $200 No data
2020 $2,974,907 $2,974,907 $200 No data
2019 $219,065 $303,114 $200 $-84,049
2018 $2,919,889 $2,917,833 $84,249 $2,056
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