Is Talquin Water And Wastewater Inc Legit?

Talquin Water And Wastewater Inc demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $11,697,582 in 2013 to $15,566,228 in 2022, indicating a healthy operational scale. The organization consistently reports 0% officer compensation, which is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While specific program spending ratios are not detailed in the provided data, the absence of officer compensation suggests a strong focus on operational efficiency. The organization's assets have also grown substantially, from $59,807,431 in 2013 to $80,698,020 in 2022, further solidifying its financial health and capacity to deliver services. The consistent growth in assets and revenue, coupled with controlled expenses, suggests prudent financial management. The organization's liabilities have also increased in proportion to its assets, which is typical for a utility-type entity with significant infrastructure investments. The lack of reported officer compensation is a notable positive for transparency, as it implies that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which would require further investigation for a complete picture. Overall, the available data points to a financially sound and well-managed organization.