ROMIG PARK IMPROVEMENT COMPANY % NORTHERN UTILITY SERVICES (EIN 926002256) - 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

1950

Legal Domicile

Principal Officer

HARRIET DRUMMOND

Phone

9074415759

Tax Period

2024-05-01 to 2025-04-30

ROMIG PARK IMPROVEMENT COMPANY % NORTHERN UTILITY SERVICES, founded in 1950, is a small nonprofit that reported $103K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $95K left a modest 7% surplus.

Mission

PROVIDING POTABLE WATER TO EACH OF 90 MEMBERS AT APPROXIMATELY THE COST OF SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $94,991

Investment Income $7,580

Other Revenue $0

TOTAL REVENUE $102,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $94,935

TOTAL EXPENSES $94,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$102,571	$109,400	-0.1%
Expenses	$94,935	$111,467	-0.1%
Net Income	$7,636	$-2,067	-4.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRIET DRUMMOND	PRESIDENT	2.00	Officer Director	$0	$0	$0
MATTHEW FINK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LAWRENCE BRANDT	TREASURER	1.00	Officer Director	$0	$0	$0
LARS DANNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF LANDRY	DIRECTOR	1.00	Director	$0	$0	$0
CLINTON BROWN	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
2025	$102,571	$94,935	$781,080	$7,636
2024	$109,400	$111,467	$742,384	$-2,067
2023	$120,501	$174,486	$670,980	$-53,985
2022	$122,877	$94,452	$732,686	$28,425
2021	$128,495	$92,791	$717,930	$35,704
2020	$128,666	$102,070	$636,659	$26,596

ROMIG PARK IMPROVEMENT COMPANY % NORTHERN UTILITY SERVICES