Superior Mutual Water Company

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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

1998

Legal Domicile

Phone

6613274496

Tax Period

2024-01-01 to 2024-12-31

Superior Mutual Water Company, founded in 1998, is a small nonprofit that reported $504K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $310K, a strong 61% operating margin.

Mission

To provide water service to members located in the service area of the Company.

Program Service Accomplishments

Program 1

Expenses: $194,310 Revenue: $294,576

MUTUAL WATER COMPANY THAT COLLECTS FEES FROM MEMBERS FOR THE PURPOSE OF MEETING EXPENSES TO MAINTAIN A MUTUAL WATER COMPANY

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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 $294,576

Investment Income $201,586

Other Revenue $8,064

TOTAL REVENUE $504,226

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $194,310

Other Expenses $194,310

TOTAL EXPENSES $194,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$504,226	$419,925	+0.2%
Expenses	$194,310	$146,873	+0.3%
Net Income	$309,916	$273,052	+0.1%

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

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
Steve Rossi	President	1.00	Officer Director	$0	$0	$0
Marti Cheek	SecretaryTreasurer	4.00	Officer Director	$0	$0	$0
Mark Rodgers	Vice President	1.00	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	$504,226	$194,310	$6,599,182	$309,916
2023	$419,925	$146,873	$5,932,407	$273,052
2022	$315,225	$187,736	$5,625,081	$127,489
2021	$297,193	$181,189	$5,497,593	$116,004
2020	$170,667	$218,225	$895,671	$-47,558
2019	$161,405	$243,893	$960,375	$-82,488
2018	$235,362	$235,524	$1,043,070	$-162