Milwaukee Regional Center Water Service Inc (EIN 833194881) - 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

2018

Legal Domicile

Phone

4147784570

Tax Period

2023-01-01 to 2023-12-31

Milwaukee Regional Center Water Service Inc, founded in 2018, is a community nonprofit in the Health Care sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $821K, a strong 19% operating margin.

Mission

PURPOSE IS TO PROVIDE POTABLE, SANITARY AND STORM WATER SERVICES TO THE MEMBERS OF MRMC.

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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 $4,293,348

Investment Income $0

Other Revenue $1,703

TOTAL REVENUE $4,295,051

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,969,462

Other Expenses $3,474,039

TOTAL EXPENSES $3,474,039

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,295,051	$3,345,074	+0.3%
Expenses	$3,474,039	$3,225,445	+0.1%
Net Income	$821,012	$119,629	+5.9%

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

N/A

Volunteers

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

$431,817

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Vice Chair	1.0	Officer Director	$0	$0	$0
N/A	Treasurer	1.0	Officer Director	$0	$0	$0
N/A	Board chair	1.0	Officer Director	$0	$0	$0
N/A	President	5.0	Officer Director	$0	$0	$0
N/A	Secretary	1.0	Officer Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	VP OF FINANCE	4.0	Officer	$0	$7,381	$132,623
N/A	VP of Finance (TERM. 05/2023)	4.0	Officer	$0	$31,643	$299,194

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	$4,295,051	$3,474,039	$12,183,150	$821,012
2022	$3,345,074	$3,225,445	$11,295,321	$119,629
2021	$2,785,885	$2,936,370	$8,202,985	$-150,485
2020	$2,798,051	$2,798,727	$1,752,374	$-676
2019	$555,427	$554,753	$555,427	$674

Milwaukee Regional Center Water Service Inc