Southside Improvement Company (EIN 951245235) - 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

1887

Legal Domicile

Principal Officer

Marjie Bartels

Phone

8055245066

Tax Period

2025-01-01 to 2025-12-31

Southside Improvement Company, founded in 1887, is a small nonprofit that reported $816K in total revenue in fiscal year 2025. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 52% operating deficit.

Mission

Supplies agricultural irrigation water and maintains water system for shareholders

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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 (2025)

Revenue Breakdown

Contributions & Grants $112,954

Program Service Revenue $675,572

Investment Income $13,765

Other Revenue $14,047

TOTAL REVENUE $816,338

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,715

Fundraising Expenses $0

Program Expenses $1,202,957

Other Expenses $1,202,765

TOTAL EXPENSES $1,244,480

Year-over-Year Comparison

	2025	2024	Change
Revenue	$816,338	$583,156	+0.4%
Expenses	$1,244,480	$587,183	+1.1%
Net Income	$-428,142	$-4,027	+105.3%

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

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

$35,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Donald Palmer	Vice President	1.00	Officer	$26,520	$0	$26,520
Marjie Bartels	Secretary Treasurer	1.00	Officer	$9,350	$0	$9,350
Helen McGrath	President	1.00	Officer	$0	$0	$0
Junior Magana	Director	1.00	Director	$0	$0	$0
James Reo	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	$816,338	$1,244,480	$906,480	$-428,142
2024	$583,156	$587,183	$390,006	$-4,027
2023	$426,680	$333,145	$244,049	$93,535
2022	$256,151	$346,424	$139,382	$-90,273
2021	$244,802	$307,499	$229,650	$-62,697
2020	$230,374	$235,971	$318,146	$-5,597

Southside Improvement Company