SOUTHSIDE MUTUAL DOMESTIC WATER ASSOCIATION (EIN 261095207) - 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

1966

Legal Domicile

Principal Officer

HERMAN MARTINEZ

Phone

5053341414

Tax Period

2023-01-01 to 2023-12-31

SOUTHSIDE MUTUAL DOMESTIC WATER ASSOCIATION, founded in 1966, is a small nonprofit in the Mutual Benefit sector that reported $360K in total revenue in fiscal year 2023. Expenses of $331K left a modest 8% surplus.

Mission

PROVIDE TREATED WATER TO THE MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $356,321

Investment Income $3,302

Other Revenue $0

TOTAL REVENUE $359,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,730

Fundraising Expenses $0

Other Expenses $267,403

TOTAL EXPENSES $331,133

Year-over-Year Comparison

	2023	2022	Change
Revenue	$359,623	$364,274	0.0%
Expenses	$331,133	$340,887	0.0%
Net Income	$28,490	$23,387	+0.2%

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

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

$21,370

Total Directors

$765

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY PRDA	DIRECTOR	2.00	Director	$765	$0	$765
BART SELMAN	DIRECTOR	2.00	Director	$0	$0	$0
HERMAN MARTINEZ	PRESIDENT	2.00	Officer	$675	$0	$675
JENA ILER	VICE PRESIDENT	2.00	Officer	$0	$0	$0
APRIL MUNKRES	TREASURER/SECRETARY	2.00	Officer	$20,695	$0	$20,695

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$359,623	$331,133	$1,016,854	$28,490
2022	$364,274	$340,887	$999,738	$23,387
2021	$350,005	$328,560	$985,491	$21,445
2020	$353,914	$347,701	$955,941	$6,213
2019	$324,310	$365,468	$981,351	$-41,158
2018	$322,125	$480,104	$1,032,476	$-157,979

SOUTHSIDE MUTUAL DOMESTIC WATER ASSOCIATION