MOUNTAIN LAKES WATER & SEWER AUTHORITY INC (EIN 582665947) - 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

2001

Legal Domicile

Principal Officer

TERRY LOWMAN

Tax Period

2023-01-01 to 2023-12-31

MOUNTAIN LAKES WATER & SEWER AUTHORITY INC, founded in 2001, is a small nonprofit in the Mutual Benefit sector that reported $170K in total revenue in fiscal year 2023. Expenses of $227K exceeded revenue, resulting in a 33% operating deficit.

Mission

OWN, OPERATE, MANANGE, MAINTAIN, AND ADMINISTER THE UNIFORM UTILITY SYSTEM FOR SANITARY SEWAGE AND WATER AND PERFORM MAINTENANCE ACTIVITIES FOR ITS MEMBERS AND USERS.

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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 $170,394

Investment Income $0

Other Revenue $0

TOTAL REVENUE $170,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $181,329

Other Expenses $227,052

TOTAL EXPENSES $227,052

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,394	$167,570	+0.0%
Expenses	$227,052	$155,499	+0.5%
Net Income	$-56,658	$12,071	-5.7%

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

$1,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN T GUY	PRESIDENT- P	10.00	Officer	$600	$0	$600
MARK SMITH	PRESIDENT -	10.00	Officer	$600	$0	$600
FREDDIE HUGHES	TIMBER RIDGE	1.00	Director	$0	$0	$0
DEXTER LOCKHART	COUNTRY HIDE	1.00	Director	$0	$0	$0
DAWN VINSON	MEMBER AT LA	1.00	Director	$0	$0	$0
SUSAN YORK	SECRETARY	10.00	Officer Director	$0	$0	$0
TERRY LOWMAN	PRESIDENT EL	1.00	Officer	$0	$0	$0
DAN RISENER	PRESIDENT -	10.00	Officer	$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	No data	No data	No data	No data
2023	$170,394	$227,052	$753,764	$-56,658
2022	$167,570	$155,499	$810,422	$12,071
2021	$107,095	$136,562	$798,351	$-29,467
2020	$107,095	$152,017	$827,818	$-44,922
2019	$107,095	$104,147	$872,740	$2,948
2018	$107,092	$95,495	$869,792	$11,597

MOUNTAIN LAKES WATER & SEWER AUTHORITY INC