CHENIERE-DREW WATER SYSTEM INC (EIN 720851150) - 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

1998

Legal Domicile

Phone

3183555976

Tax Period

2024-10-01 to 2025-09-30

CHENIERE-DREW WATER SYSTEM INC, founded in 1998, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2024. Expenses of $2.7M left a modest 9% surplus.

Mission

PROVIDE WATER SERVICE TO 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,958,978

Investment Income $45,871

Other Revenue $0

TOTAL REVENUE $3,004,849

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,600

Fundraising Expenses $0

Program Expenses $2,217,202

Other Expenses $2,696,552

TOTAL EXPENSES $2,745,152

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,004,849	$2,863,404	+0.0%
Expenses	$2,745,152	$2,427,029	+0.1%
Net Income	$259,697	$436,375	-0.4%

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

$23,400

Total Directors

$48,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE ALLEN	President	4.00	Officer Director	$11,400	$0	$11,400
TERRY WARE	Vice President	2.00	Officer Director	$6,000	$0	$6,000
MICHAEL STATHAM	Treasurer	2.00	Officer Director	$6,000	$0	$6,000
RANDY WILKERSON	Director	2.00	Director	$5,400	$0	$5,400
TREY ALBRITTON	Director	2.00	Director	$5,400	$0	$5,400
LES WHITE	Director	2.00	Director	$5,400	$0	$5,400
MATTHEW HENDRIX	Director	0.00	Director	$3,600	$0	$3,600
CAREY BUTLER	Director	0.00	Director	$3,600	$0	$3,600
T MOORE	Director	2.00	Director	$1,800	$0	$1,800

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	$3,004,849	$2,745,152	$10,552,143	$259,697
2024	$2,863,404	$2,427,029	$10,646,833	$436,375
2023	$2,842,869	$2,453,788	$9,886,107	$389,081
2022	$2,643,893	$2,280,516	$9,487,763	$363,377
2021	$2,594,266	$2,132,149	$8,922,435	$462,117
2020	$2,549,785	$2,037,274	$8,472,436	$512,511
2019	$2,394,602	$1,882,087	$8,126,588	$512,515

CHENIERE-DREW WATER SYSTEM INC