EASTERN CASS WATER SUPPLY CORPORATION (EIN 270010500) - 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

1994

Legal Domicile

Principal Officer

RUSSELL JOHNSON

Phone

9037962393

Tax Period

2023-10-01 to 2024-09-30

EASTERN CASS WATER SUPPLY CORPORATION, founded in 1994, is a small nonprofit in the Mutual Benefit sector that reported $680K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE PURPOSE OF THE WATER DISTRICT IS TO CONSTRUCT, MAINTAIN AND OPERATE A RURAL WATER SYSTEM TO PROVIDE CLEAN AND SAFE WATER TO HOUSEHOLDS AND BUSINESSES IN RURAL NORTHEAST TEXAS.

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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 $679,933

Investment Income $0

Other Revenue $0

TOTAL REVENUE $679,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,761

Fundraising Expenses $0

Other Expenses $497,665

TOTAL EXPENSES $675,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$679,933	$762,578	-0.1%
Expenses	$675,426	$891,770	-0.2%
Net Income	$4,507	$-129,192	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN COOK	DIRECTOR	1.00	Director	$0	$0	$0
DEE CRUSON	DIRECTOR	1.00	Director	$0	$0	$0
RANDY DAWSON	DIRECTOR	1.00	Director	$0	$0	$0
ANN BRAY HICKERSON	SECRETARY -T	1.00	Officer Director	$0	$0	$0
RUSSELL JOHNSON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RICHARD WILLIAMS	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	$679,933	$675,426	$3,926,620	$4,507
2023	$762,578	$891,770	$3,982,190	$-129,192
2022	$664,267	$803,035	$4,179,717	$-138,768
2021	$567,658	$797,330	$4,445,285	$-229,672
2020	$1,972,322	$706,838	$4,859,840	$1,265,484
2019	$435,379	$602,689	$3,157,272	$-167,310
2018	$436,735	$597,876	$1,777,185	$-161,141

EASTERN CASS WATER SUPPLY CORPORATION