MARYDELL WATER ASSOCIATION (EIN 640585243) - 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

1977

Legal Domicile

Tax Period

2023-08-01 to 2024-07-31

MARYDELL WATER ASSOCIATION, founded in 1977, is a small nonprofit that reported $284K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $313K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE FRESH WATER TO RURAL COMMUNITY

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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 $266,473

Investment Income $17,542

Other Revenue $0

TOTAL REVENUE $284,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,876

Fundraising Expenses $0

Program Expenses $312,501

Other Expenses $228,625

TOTAL EXPENSES $312,501

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,015	$260,106	+0.1%
Expenses	$312,501	$246,331	+0.3%
Net Income	$-28,486	$13,775	-3.1%

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

$420

Total Directors

$280

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLIE GRAY	DIRECTOR	2.00	Director	$0	$140	$140
JIMMY MOORE	DIRECTOR	2.00	Director	$0	$140	$140
RICKY GRUNDY	SECRETARY	2.00	Officer	$0	$140	$140
CARLTON BROCK	PRESIDENT	2.00	Officer	$0	$140	$140
TOM KUNTZ	VICE PRESIDENT	2.00	Officer	$0	$140	$140

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	$284,015	$312,501	$1,858,530	$-28,486
2023	$260,106	$246,331	$1,881,593	$13,775
2022	$263,890	$275,790	$1,932,465	$-11,900
2021	$270,289	$254,951	$2,008,673	$15,338
2020	$282,394	$284,294	$2,026,714	$-1,900
2019	$269,468	$275,067	$2,043,425	$-5,599
2018	$274,334	$307,065	$2,138,101	$-32,731

MARYDELL WATER ASSOCIATION