CRAFT-TURNEY WATER SUPPLY CORPORATION (EIN 237424818) - 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

1964

Legal Domicile

Principal Officer

OLEN MORTON

Phone

9035869301

Tax Period

2024-01-01 to 2024-12-31

CRAFT-TURNEY WATER SUPPLY CORPORATION, founded in 1964, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 13% surplus.

Mission

PROVIDING WATER UTILITIES TO RURAL AREAS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,857,856

Investment Income $24,350

Other Revenue $0

TOTAL REVENUE $1,882,206

Expense Breakdown

Grants Paid $0

Salaries & Benefits $502,535

Fundraising Expenses $0

Program Expenses $1,640,822

Other Expenses $1,138,287

TOTAL EXPENSES $1,640,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,882,206	$1,864,732	+0.0%
Expenses	$1,640,822	$1,606,597	+0.0%
Net Income	$241,384	$258,135	-0.1%

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

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
LESLIE BEARDEN	Director	1.00	Director	$0	$0	$0
SANDRA G THOMPSON	Director	1.00	Director	$0	$0	$0
BRAD MORTON	Sec/Treasurer	1.00	Officer Director	$0	$0	$0
OLEN MORTON	President	1.00	Officer Director	$0	$0	$0
JOHN HAWKINS	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	$1,882,206	$1,640,822	$5,664,569	$241,384
2023	$1,864,732	$1,606,597	$5,571,129	$258,135
2022	$1,776,087	$1,615,420	$5,428,610	$160,667
2021	$1,351,234	$1,311,374	$5,363,496	$39,860
2020	$1,285,338	$1,137,532	$5,702,931	$147,806
2019	$1,187,118	$1,151,909	$5,193,746	$35,209
2018	$1,137,345	$1,249,164	$5,214,235	$-111,819

CRAFT-TURNEY WATER SUPPLY CORPORATION