PLEASANT GROVE-VERONA MUTUAL WATER CO (EIN 941711405) - 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

1991

Legal Domicile

Principal Officer

BRETT SCHEIDEL

Phone

9164552384

Tax Period

2021-01-01 to 2021-12-31

PLEASANT GROVE-VERONA MUTUAL WATER CO, founded in 1991, is a small nonprofit that reported $200K in total revenue in fiscal year 2021. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $180K left a modest 10% surplus.

Mission

MUTUAL WATER COMPANY; TO NEGOTIATE ON BEHALF OF WATER RIGHTS HOLDERS.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $200,229

Investment Income $44

Other Revenue $0

TOTAL REVENUE $200,273

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $173,888

Other Expenses $179,598

TOTAL EXPENSES $179,598

Year-over-Year Comparison

	2021	2020	Change
Revenue	$200,273	$259,253	-0.2%
Expenses	$179,598	$259,734	-0.3%
Net Income	$20,675	$-481	-44.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN WILLEY	Vice President	5.00	Director	$0	$0	$0
NICOLI NICHOLAS SR	Secretary	10.00	Director	$0	$0	$0
TOM ATKINSON II	Director	3.00	Director	$0	$0	$0
AARON JEROME	Director	3.00	Director	$0	$0	$0
BRETT SCHEIDEL	President	10.00	Director	$0	$0	$0
NICOLI NICHOLAS SR	Treasurer	10.00	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
2021	$200,273	$179,598	$243,921	$20,675
2020	$259,253	$259,734	$223,246	$-481
2018	$218,126	$241,730	$231,554	$-23,604

PLEASANT GROVE-VERONA MUTUAL WATER CO